MCCP Certification

MCX Certified Commodity Professional (MCCP)

Introduction
The MCCP programme is meant for those who want to be acquainted with the commodities derivatives market and participate and benefit from the same. It is designed to provide all the necessary inputs to potential participants so that they are better acquainted with the modalities of trading in the commodity market, its operations and practices, clearing, settlement and delivery procedures, and its regulatory and legal framework. On successful completion of the programme, the candidates will earn ‘MCX Certified Commodity Professional’ (MCCP) certificate. A specially prepared study material will be provided to all candidates who register for the test. The registered candidates will have to take an online test (OLT) at any one of the approved test centres. They will have to answer 50 questions in 90 minutes and score a minimum 50 percent to pass the test. There is negative scoring for incorrect answers. The certification is valid for a period of three years from the date of issue. Grades are awarded based on the following scoring pattern:

i 90% and above GRADE 'A+'
II 80% to less than 90% GRADE 'A'
III 70% to less than 80% GRADE 'B+'
iv 60% to less than 70% GRADE 'B'
v 50% to less than 60% GRADE 'C'
vi Below 50% FAIL

What is MCCP Certification?

MCX Certified Commodity Professional (MCCP) is a training programme for persons who want to gain an insight into trading in commodity futures; for those who want to trade or hedge in commodities; and for those who want to make a living working as a dealer or trader in a broking house or as a jobber or arbitrager.

All members and dealers registered with MCX are mandated to have all their members/ dealers take MCCP examination or have at least one person in their office to have passed the MCCP examination (as per MCX circular no. MCX/423/2005).

How to Acquire MCCP Certificate

The MCCP certification training is offered by Financial Technologies Knowledge Management Company Limited (FTKMC) for MCX Ltd. It is offered in two modes: (a) Distance Learning Mode and (b) Classroom Training Mode. Candidates are required to register with FTKMC after payment of requisite fees to be eligible to take the Online Test (OLT). Successful candidates will be awarded the ‘MCCP Certificate’.

Benefits of Participating in the MCCP Programme

The participants in the MCCP programme will get the following benefits:

  • Get an insight into the commodity derivatives markets.
  • Understand the market dynamics.
  • Learn how to trade in commodity markets.
  • Understand price risk management strategies.
  • Understand the market operations.

Who Should Take the MCCP Examination?

Commodity brokers, Treasury executives, investors, portfolio managers, investment analysts, importers, exporters, hedgers, regulatory staff, arbitragers, fund managers, back office software development executives, credit risk managers, students, and others.

Programme Details

Name of Module Fees, including taxes (Rs.) Test Duration (minutes) No. of Questions Maximum Marks Pass Marks (%) Certificate Validity Negative Marking
MCX Certified Commodity Professional (MCCP) 1,685 90 50 100 50 3 Years 0.25%

How to Register for MCCP

Online Mode

Visit our website www.ftkmc.com. On the home page, click Payment Gateway -> Online Registration and fill the registration form. You will receive the login credential on your email. Using the credentials, make the payment with Net banking/ credit card.

If you don’t have a facility of Net banking / Credit card, then you can register online and send the demand draft in favour of ‘FT Knowledge Management Company Ltd.’, payable in Mumbai, to the address given below:

Financial Technologies Knowledge Management Company Ltd
6th Floor, FT Tower
Suren Road, Chakala, Andheri (E), Mumbai 400093
Tel: +91 22 66861010 Ext.: 6821/ 6823
Fax: +91 22 66866050
E-mail: certification@ftkmc.com

Off-line Mode
Visit our website www.ftkmc.com. On the home page, click Payment Gateway –> Offline Registration and download the registration form. Candidates need to send the duly filled registration form with two latest passport-size colour photographs and a demand draft drawn in favour of ‘FT Knowledge Management Company Ltd’, payable in Mumbai, to the address given above. (Note: Please do not staple photograph.)

How to Obtain the Study Material
Enrolled candidates will receive the study material within 10 working days on their mentioned address in the registration form.

Timeframe or Validity Period for Taking the OLT
You should take the OLT within a period of six months from the date of successful registration (realization of requisite fees).

Examination Schedule
Contact the Certification Cell - at certification@ftkmc.com; Tel: +91 22 66861010 Ext.: 6821/6823 - to choose a suitable test centre as well as a time slot for the test at least 15 days before the expiry of the validity period.

Appearing for the Examination
After confirmation of your examination schedule, you will receive the hall ticket by email. Please carry your hall ticket, a calculator, and an appropriate Photo ID proof (as mentioned in your hall ticket) to the examination hall.

Results of the Examination
Immediately after taking the OLT, your examination result will appear on the computer screen and a soft copy will be sent to you on your email ID.

Delivery of Certificate
All successful candidates will receive their MCCP certificate by post on their mentioned address within 10 working days after the test.

Rescheduling the Examination
Yes, it is allowed only once. You can do so at least 30 days before the scheduled date of examination by contacting the Certification Cell at certification@ftkmc.com.

Reappearing for the Examination
In case a participant does not appear for the online test within six months of his/her registration or wants to reappear for the test for increasing his/her grades, he/she can do so by paying an additional fee of Rs 562 (inclusive of taxes). No additional reference material will be provided to participants to reappear for the test.

MCCP Refresher Course
MCCP Certificate holders whose certificates are about to expire can join the Refresher Course to renew their Certificate.

For details, contact:
Swapna Dewoolkar; Tel: +91 22 66861010 Ext: 6823; Email: swapna.dewoolkar@ftkmc.com
Sandeep Kalambate; Tel: +91 22 66861010 Ext: 6821; Email: sandeep.kalambate@ftkmc.com

Refund Policy

  • The refund policy is applicable only in respect of online payment made on www.ftkmc.com
  • Fees once paid through the payment gateway shall be refunded only in the following circumstances:
    • Multiple times debiting of user/student’s account due to technical error.
    • Debiting excess amount from user/student’s account in a single transaction due to technical error.
  • The user/student will have to make an application for refund along with his/her bank account details and original payment receipt, if any generated, at the time of making payments.
  • The application will be processed manually and after verification, if the claim is found valid, an account payee cheque drawn in favour of the applicant will be issued within a period of 7-10 days of receipt of such claim.

MCCP BROCHURE

DOWNLOAD REGISTRATION FORM

MODEL TEST PAPER

Test Centres

Mumbai:
Financial Technologies Knowledge Management Company Ltd
Contact Persons: Ms Swapna Dewoolkar / Mr Sandeep Kalambate
6th Floor, FT Tower, Suren Road, Chakala
Andheri (E), Mumbai 400093
Tel: +91 22 66861010 Ext.: 6823/6821
Fax: +91 22 66866050
E-mail: certification@ftkmc.com

Chennai:
Multi Commodity Exchange of India Ltd
Contact Persons: Mr AS Sreevikram, Mobile: +91 9884099198
Ms. Anusha, Mobile: +91 9940062634/ 9176462499
Doshi Towers, First Floor, Flat No. 1 A & B
156, Periyar EVR Salai, Kilpauk
Chennai 600 010
Phone: +91 44 43950850
E-mail: sreevikram.as@mcx-sx.com
           anusha.s@mcxindia.com

Ahmedabad:
Multi Commodity Exchange of India Ltd
Contact Person: Mr Amar Mankad
401, Sakar-1, 4th Floor
Near Gandhigram Railway Station
Opposite Nehru Bridge, Ashram Road, Ahmedabad 380007
Phone: +91 79 66615888 / 66625888 /66627888
E-Mail: amar.mankad@ftindia.com

Indore:
Financial Technologies (India) Ltd
Contact Person: Mr Manish Sawai
403, 5th Floor, A-Wing, 169 Corporate House
(Near DAVV University)
RNT Road, Indore 452001
Mobile: +91 9826210007
E-mail: manish.sawai@ftindia.com

Delhi:
Financial Technologies Knowledge Management Company Ltd
Contact Persons: Ms Swapna Dewoolkar / Mr Sandeep Kalambate
Tel: +91 22 66861010 Ext.: 6823/6821
Fax: +91 22 66866050
E-mail: certification@ftkmc.com

Bangalore:
Multi Commodity Exchange of India Ltd
Contact Person: Mr Shiva Mathapati
6/206, 2nd Floor, Money Chambers
KH Road, Bangalore 560027
Mobile: +91 9986860261
E-mail: shiva.mathapati@ftkmc.com

Kolkata:
Multi Commodity Exchange of India Ltd
Contact Person: Mr Jayendra Bhattacharjee
23, RN Mukherjee Road
3rd Floor, BNCCI House
Kolkata 700001
Phone: +91 33 66159000 Ext: 100
E-mail: jayendra.bhattacharjee@ftindia.com

Cochin:
Multi Commodity Exchange of India Ltd
Contact Person: Anand Sheyon
28/715-B, 1st Floor, Thulasi, KP Vallon Road
Kadavanthara, Cochin 682020, Kerala
Mob: +91 9447162122
Phone: +91 484 6576799

E-mail: anand.sheyon@mcxindia.com

Hyderabad:
Multi Commodity Exchange of India Ltd
Contact Person: Mr Amjad Ali
No. 6-3-853, Flat No. 201, 2nd Floor
Meridian Plaza, Beside Lal Bunglow,
Ameerpet, Hyderabad 500034
Mob: +91 9642778692
E-mail: amjad.ali@nationalspotexchange.com

Terms & Conditions

  • Fee once paid will not be refunded.
  • Study material will be sent by courier (once the candidate completes registration, including payment of fees).
  • Candidates scheduled for online test (OLT) should take the test within six months (180 days).
  • The certificate will be issued only to the successful candidates.
  • Certificates will be issued only by mail/ courier.
  • Candidates are requested to be present at the test centre at least 30 minutes prior to start of the test.
  • Candidates are required to carry their Admit Card, along with an additional photo identity proof (like passport, driving license, voters ID card) at the time of the test. Use of mobile phones is not allowed during the test.
  • In case a participant is found using unfair means during the test, he/she will be barred from taking the test. The decision of FTKMC officials or FTKMC representative or Test Centre Supervisor will be final and binding.

Disclaimer
The content provided makes no representation or warranty regarding the correctness, accuracy or completeness, non-infringement, merchantability and fitness of any information. The content and material provided are for educational purpose only and FTKMC is not responsible for any strategic decision made by the recipient based on this information. The information is obtained from sources believed to be true and reliable. Errors or omissions shall not be made the basis for any claims, demands, or cause of action. The information contained herein is strictly confidential and is meant for the intended recipients. Any alteration, transmission, photocopied distribution in part or in whole or reproduction of any form of the information without prior consent of FTKMC is prohibited. Neither FTKMC nor any of its employee accepts any liability whatsoever for any loss arising from the use of this content. FTKMC disclaims any and all liabilities for the acts, error and omissions, conduct of any third party in connection with or related to the use of this content.

Privacy Statement
Financial Technologies Knowledge Management Company Limited (“FTKMC”) is committed to protecting the privacy of www.ftkmc.com (“Website”) users. The following outlines the applicable privacy policy.

You may access to and use the Content on Website that does not require registration. However, if you register on the Website, we will collect personal details about you. Personal information such as your name, address, e-mail address, Telephone no., and profession-related details are collected via Website registration forms. In case of Registration, we will not share, disclose or part with the aforesaid Personal Information, except with prior intimation to you, upon your authorization or if disclosure is required for compliance with the law.

Third-party partners of the Website and other websites you may access via this Website have different privacy policies and are not subject to this privacy policy. We recommend that you read the privacy statement of each such website to find out how they protect your personal information.

Due to changes in legislation or enhancements to functionality and Content on the Website, we may make changes to privacy policy and shall reflect those changes in this Privacy Policy Statement. Hence, you should check here from time to time.

Contact Us

Financial Technologies Knowledge Management Company Ltd
6th Floor, FT Tower
Suren Road, Chakala, Andheri (E)
Mumbai 400093
Tel: +91 22 66861010 Ext : 6821, 6823
Fax: +91 22 66866050
E-mail: certification@ftkmc.com

Back to top