The objective of the MAFCM Program
BICM is offering the ‘Master of Applied Finance and Capital Market’ (MAFCM) to strengthen the Bangladesh capital market through elevating the knowledge of stakeholders. The capital market is dynamic and is evolving over time both locally and globally. One must be competent enough to excel in the field of capital market with the required set of management, mathematical and technical skills. The MAFCM program is designed to inculcate these skills in students so that they can cater to the needs of competent financial managers.

Duration and Credit Hours
The duration of the program is 2 years (4 semesters, each of 6 months). The program is of 51 credit hours.

Admission/Eligibility Criteria
The minimum academic requirement for admission into the program is a 4-year Bachelor’s degree (or equivalent) from a recognized institution having minimum 2nd class/division, or Master’s degree in case of Bachelor’s degree (or equivalent) with a duration of less than 4 years from a recognized institution, having minimum 2nd class/division at Master level. Preference will be given to those having experience in the fields of finance, capital market operations, capital market regulations, capital market policy formulation, capital market research, accounting, auditing, banking etc. Registered/Enrolled students of any accounting and finance professional institute (such as CFA, ICAB, ICMAB, ACCA, CIMA, CPA,ICSB etc.) will also get preference.

For foreign degrees, equivalence certificate from the University Grants Commission of Bangladesh has to be provided. All applicants must appear in a written test, followed by a viva-voce for those who pass the written test. The final score for selection will be prepared considering the performance in the written test, viva-voce, previous academic records, and relevant experience. Selections will be made based on the combined score.

Members of any accounting and finance profession like CFA, ICAB, ICMAB, ACCA, CMA, CPA, ICSB, etc. and those having GMAT score of at least 500 or GRE score of at least 300 will be eligible for direct admission (Subject to satisfactory appearance in the viva-voce).