Subject NQT - Financial Derivatives

Assess Your Knowledge in Financial Derivatives

(Price inclusive of GST)
Application Guidelines

NQT (Cognitive Skills) is a mandatory test to register for Attitudinal Alignment (Psychometric Test), Industry NQTs and Subject NQTs.

Test Date

25th December, 2021 onwards

(For December Exam)

Application Closing Date

5th December, 2021

(For December Exam)

Next Exam Cycle

March 2022

(Applications are Open)

Test Date

25th December, 2021 onwards

(For December Exam)

Application Closing Date

5th December, 2021

(For December Exam)

Next Exam Cycle

March 2022

(Applications are Open)

    About the Test

  • *NQT (Cognitive Skills) is a prerequisite for all the tests
  • All NQT Variants score cards are valid for two years
  • Conducted Online (at home) and physical In-Centre at TCS iON Authorised Exam Centres
  • Flexibility to apply in each quarter, providing an opportunity to appear for multiple attempts to improve NQT Score. (Only the Best Score will be published for Candidates applying using the same NQT registration number)
  • Candidates with NQT Score can apply for jobs on the TCS iON Job Listing Portal
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Who can Apply

Anyone aspiring for job roles in the Financial Derivatives domain

Students who are in their final year and pre-final year, pursuing Business Administration or Commerce degree

BBA and MBA graduates

NA

NA

Job Prospects

  • Nowadays, derivatives trading has become popular in all stock exchanges across the world. This high demand provides an opportunity for employment to a vast number of derivatives professionals in India.
  • Currently, there are thousands of job openings related to Financial Derivatives for freshers as well as experienced individuals.
  • Job Roles like Derivatives Analyst, Banking Executive, Derivatives Advisor, Relationship Manager and more, are in demand for freshers and experienced individuals.
  • For a fresher, Financial Derivatives jobs can fetch up to ₹ 3-3.5 LPA. For a 4-6 years experienced professional, the salary will be anywhere around ₹ 8-12 LPA. For senior level Financial Derivatives roles, the salary could be as high as ₹ 25-50 LPA.

    Test Coverage

  • Total Marks - 50
  • Duration - 60 Mins
  • Introduction and Application of Derivatives - Derivatives and how they are applied in Trading
  • Forwards - Introduction to Forwards, Forwards in Financial, Commodity, Interest Rates and Currencies, How to use Forwards Contracts
  • Futures - Introduction to Futures, Difference between Forwards and Futures, Futures in Financial, Commodity, Interest Rates and Currencies, Trading and Settlement in Futures, Futures strategies
  • Forward Rate Agreements - Forward Rate Agreements and their trades
  • SWAPs - SWAPS, Uses of SWAPs and how they are traded
  • Options - Introduction to Options - similarities and differences to Insurance, Options Terminology, Calls and Puts, Options for Hedging and Speculation, Using Black Scholes Options Pricing Model and Understanding Greeks, Delta Hedging and Delta Gamma Hedging, Straddle Analysis/Back testing in Excel
  • Structured Products - Structured products and their trading

    Advantages of Subject NQT - Financial Derivatives

  • Provides access to top Banking and Financial Industry Corporates with the help of a Subject NQT - Financial Derivatives Score
  • Helps candidates go through a transparent selection and recruitment process
  • Exhibits candidates´ domain knowledge in Financial Derivatives to top recruiters in the industry
  • Gives access to jobs posted by top recruiters on the TCS iON Job Listing Portal
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Key Features

A structured test designed by subject matter experts and aligned with industry expectations

Standardised benchmark test that validates role-specific core skills in Financial Derivatives

Access to top corporates looking for talent on the TCS iON Job Listing Portal

Proctored Assessment - Machine and Human Proctoring to ensure transparency and fairness of the Assessment

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Have a Question?

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FAQs

1. What is Subject NQT - Financial Derivatives? +
  • Subject NQT - Financial Derivatives assesses knowledge and skills in specific subjects pertaining to job roles in the following areas:
    • Introduction and Application of Derivatives
    • Forwards
    • Futures
    • Forward Rate Agreements
    • SWAPs
    • Options
    • Structured Products
  • Each candidate who completes the Subject NQT gets a Subject NQT Score for that particular subject. For example, Subject NQT - IT Programming. Subject NQTs are planned to be conducted every quarter. The candidates can take the tests again to improve their previous scores, if desired.
  • There are Subject NQTs for multiple subjects. The candidates wanting to showcase their expertise in multiple subjects across industries can appear for as many Subject NQTs as desired.
  • Note:
    • NQT (Cognitive Skills) Score is a prerequisite to appear for Subject NQT - Financial Derivatives.