Bangladesh Institute of Capital Markets
- Company typePrivate
- Founded2008
- HeadquartersDhaka, Bangladesh
- Headcount—
- GTM typeB2B
- OfferingServices
Bangladesh Institute of Capital Markets firmographics
Firmographics- Name
- Bangladesh Institute of Capital Markets
- Legal name
- Bangladesh Institute of Capital Market
- Website
- https://bicm.ac.bd
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Ownership category
- akta.pro rank
Bangladesh Institute of Capital Markets industry classification
Industry- Product category
- Financial Education and Training
- NAICS
- Portfolio Management and Investment Advice (523940)
- akta.pro primary industry
- Investments & Capital Markets (Trading, Portfolio, Derivatives) (EDABAJAI)
- akta.pro secondary industries
- Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL), Equity Capital Markets Advisory (Equity Issuance Strategy & Readiness) (FSACAAAI)
Keywords
Where Bangladesh Institute of Capital Markets is headquartered
LocationHeadquarters
- HQ city
- Dhaka
- HQ country
- Bangladesh
- HQ region
- Asia
Offices1 record
Markets served
Bangladesh Institute of Capital Markets business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others
Revenue model
- Degree Program Fees: MAFCM program generates recurring revenue through semester fees (6,000 Taka per semester), course fees (6,000 Taka per 3-credit course), and project paper fees. Students also pay admission fees, application fees, and computer lab fees.
- Certificate and Short Course Fees: Short-term certificate courses ranging from 500 to 25,000 Taka depending on duration and complexity. Courses include Financial Modeling (BDT 25,000), Technical Analysis (BDT 1,000), and specialized programs.
- Certification Program Fees: FMVE certification program with registration fee (3,000 Taka), Level 1 coaching and examination (10,000 Taka), Level 2 coaching and examination (10,000 Taka), certificate fee (2,000 Taka), and renewal fees (5,000 Taka per renewal).
- Government Funding: Since FY 2009-10, the Government of Bangladesh has been continuously financing BICM for infrastructural facilities and operational expenses.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | MAFCM Application Fee |
| One time/ perpetual license | Pay-as-you-go | MAFCM Admission Fee |
| Subscription | Annual | MAFCM Semester Fee |
| Subscription | Annual | MAFCM Course Fee |
| One time/ perpetual license | Pay-as-you-go | MAFCM Project Paper Fee |
| One time/ perpetual license | Pay-as-you-go | MAFCM Computer Lab Fee |
| One time/ perpetual license | Pay-as-you-go | Excel for Financial Modeling Course |
| Subscription | Annual | FMVE Level 1 Coaching Fee |
| Subscription | Annual | FMVE Level 2 Coaching Fee |
| One time/ perpetual license | Pay-as-you-go | FMVE Registration Fee |
| One time/ perpetual license | Pay-as-you-go | Fundamental Analysis Online Course |
| One time/ perpetual license | Pay-as-you-go | Islamic Finance Online Course |
| One time/ perpetual license | Pay-as-you-go | FMVE 5th Batch Complete Program |
| One time/ perpetual license | Pay-as-you-go | Compliance and Supervision Course |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels7 records
Bangladesh Institute of Capital Markets product offering
Product offeringCore offering
Bangladesh Institute of Capital Markets (BICM) is a government-owned educational institute offering degree programs (MAFCM affiliated with University of Dhaka), post-graduate diplomas (PGDCM), professional certifications (FMVE), certificate courses, and free investor education programs focused on capital markets, applied finance, financial modeling, valuation, and technical analysis. It also conducts research seminars, publishes the Journal of Financial Markets and Governance, and runs conferences for market professionals and academics.
Product overview
Bangladesh Institute of Capital Markets (BICM) is an educational institution offering a portfolio of academic degree programs, professional certifications, and research services in capital markets. The core offerings include the Master of Applied Finance and Capital Market (MAFCM) degree, Post Graduate Diploma in Capital Market (PGDCM), Investors' Education Program (IEP), and Financial Modeling and Valuation Expert (FMVE) Certification. The institution also provides various certificate courses covering technical analysis, financial analytics, corporate governance, and fintech topics. Research activities are supported through the Journal of Financial Markets and Governance (JFMG), Research Seminar Series, and BICM Research Grant program. The institute operates from a 29,827 sqft campus equipped with modern ICT facilities, computer labs, and an extensive library of over 12,000 books.
Differentiator
Problem solved
Functional benefit
Brands
- MAFCM (Master of Applied Finance and Capital Market): A 2-year (4 semesters) postgraduate degree program of 51 credit hours affiliated with University of Dhaka
- PGDCM (Post Graduate Diploma in Capital Market)
- BICM Journal / Journal of Financial Markets and Governance (JFMG)
- ICSFI (International Conference on Sustainable Finance and Investment)
Products and services
- Master of Applied Finance and Capital Market (MAFCM) A 2-year (4 semesters) postgraduate degree program consisting of 51 credit hours covering foundation, core, and elective courses in applied finance and capital markets, affiliated with University of Dhaka. Designed for graduates seeking specialized finance and capital market education.
- Post Graduate Diploma in Capital Market (PGDCM) Flagship postgraduate diploma program in capital market launched for existing professionals and aspiring individuals in the capital market field.
- Financial Modeling and Valuation Expert (FMVE) Certification Professional certification program delivered through Microsoft Excel featuring 2 levels, 12 modules, and 108 hours of learning. Designed for financial analytics skills required in the financial services industry, useful for Research Analyst license from BSEC.
- Certificate Courses Various certificate courses of different durations covering areas including Securities Laws, Corporate Governance, Financial Statements Analysis, Technical Analysis, Portfolio Management, Equity Valuation, FinTech, Financial Analytics, Data Science, and more.
- Investors' Education Program (IEP) Free investor education program conducted by BICM to increase awareness of general investors, having trained approximately 15,000 existing and potential investors on basics of capital market investment.
- Certification Program Professional certification programs including Mutual Fund Selling Agent certification and FMVE certification to facilitate skill development and licensing requirements in the capital market.
Quantifiable outcome
- 15,000 existing and potential investors trained through free Investors' Education Program
- +2 more outcomes
Companies that use Bangladesh Institute of Capital Markets
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles3 records
Bangladesh Institute of Capital Markets technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Bangladesh Institute of Capital Markets partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- University of Dhaka (Faculty of Business Studies)coreBICM's Master's program (MAFCM) is affiliated with the Faculty of Business Studies, University of Dhaka. This partnership provides academic credibility and enables students to receive University of Dhaka degrees. Students pay additional fees to University of Dhaka for registration, examination, and convocation.
- Bangladesh Securities and Exchange Commission (BSEC)coreBSEC provides regulatory oversight and policy direction for BICM. The Chairman of BSEC serves as Chairman of BICM's Board of Directors, ensuring alignment between the institute's activities and regulatory priorities.
- Chittagong Stock ExchangeminorThe idea for establishing BICM was first mooted by Chittagong Stock Exchange, initiating the process that led to the institute's formation.
- Journal of Financial Markets and GovernancecoreBICM publishes the Journal of Financial Markets and Governance (JFMG), an internationally recognized academic journal facilitating scholarly knowledge exchange between academics, industry stakeholders, and regulators in finance, accounting, and governance studies.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
Bangladesh Institute of Capital Markets competitors and assessment
Company assessmentDirect peers
- National Institute of Securities Markets (NISM): Government-backed institute under SEBI in India providing securities market education, professional certification, and research — the closest structural analogue to BICM in a neighboring market with a deeper capital market.
Broad incumbents
- CFA Institute: Global issuer of the CFA designation and investment education content; competes for the same pool of Bangladeshi capital market professionals and shapes the credentialing standards BICM's programs must position against.
- Global Association of Risk Professionals (GARP): Global certification body (FRM, SCR) for risk and financial professionals; competes with BICM's professional training for risk, analytics, and finance practitioner audiences in Bangladesh.
Others
- International Capital Market Association (ICMA): Industry association for capital markets participants that develops standards and training for debt and fixed-income markets; an adjacent ecosystem participant relevant to BICM's Fixed Income Securities and Debt Capital Markets curriculum.
Regional players
- Bangladesh Institute of Management (BIM): Domestic management training and professional development institute in Bangladesh; competes for the same corporate training budgets and professional learner base that BICM targets with its certificate programs.
- Institute of Chartered Accountants of Bangladesh (ICAB): Professional certification body for chartered accountants in Bangladesh; a peer in the domestic professional certification landscape that competes for the same graduate pipeline and corporate training demand.
- Institute of Cost and Management Accountants of Bangladesh (ICMAB): Professional institute for cost and management accountants in Bangladesh; comparable in mission and audience to BICM as a domestic professional credentialing and training organization.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Bangladesh Institute of Capital Markets social profiles
Digital presenceBangladesh Institute of Capital Markets financial estimates
Financial estimateRevenue estimate
Valuation estimate
Bangladesh Institute of Capital Markets leadership team
Management profileNumber of profiles
Profiles18 records
Bangladesh Institute of Capital Markets funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Bangladesh Institute of Capital Markets M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Bangladesh Institute of Capital Markets
What does Bangladesh Institute of Capital Markets do?
Bangladesh Institute of Capital Markets (BICM) is a government-owned educational institute offering degree programs (MAFCM affiliated with University of Dhaka), post-graduate diplomas (PGDCM), professional certifications (FMVE), certificate courses, and free investor education programs focused on capital markets, applied finance, financial modeling, valuation, and technical analysis. It also conducts research seminars, publishes the Journal of Financial Markets and Governance, and runs conferences for market professionals and academics.
Is Bangladesh Institute of Capital Markets a public or private company?
Bangladesh Institute of Capital Markets is a private company. It is classified as state government owned and is currently operating.
When was Bangladesh Institute of Capital Markets founded?
Bangladesh Institute of Capital Markets was founded in 2008.
Where is Bangladesh Institute of Capital Markets based?
Bangladesh Institute of Capital Markets is headquartered in Dhaka, Bangladesh, in the Asia region.
How does Bangladesh Institute of Capital Markets make money?
Four revenue lines are on record. Degree Program Fees are the primary driver. The others are certificate and Short Course Fees, certification Program Fees and government Funding.
Who are Bangladesh Institute of Capital Markets's main competitors?
National Institute of Securities Markets (NISM) is listed as a direct peer. Broad incumbents are CFA Institute and Global Association of Risk Professionals (GARP). International Capital Market Association (ICMA) is listed as an others. Regional players are Bangladesh Institute of Management (BIM), Institute of Chartered Accountants of Bangladesh (ICAB) and Institute of Cost and Management Accountants of Bangladesh (ICMAB).
Does Bangladesh Institute of Capital Markets have an API?
No public API is recorded for Bangladesh Institute of Capital Markets.
What industry is Bangladesh Institute of Capital Markets in?
Bangladesh Institute of Capital Markets's product category is Financial Education and Training. Its primary akta.pro industry code is EDABAJAI, Investments & Capital Markets (Trading, Portfolio, Derivatives), with a secondary code of BPAHAOAL, Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory). Its NAICS code is 523940.