Post on 01-Jan-2016
Training for investors, members and employees
of the Argentine Securities Market
Lic. Mónica Erpen IAMC
Executive Director
MERVAL
IAMC
Production of Information Training
Delivery of Information
INSTITUTO ARGENTINO DE MERCADO DE CAPITALES
(1984 – 2011)
Provides Stockbrokers and Brokerage Firms with a comprehensive support.
Promotes the dynamics of capital markets as an alternative for investors and as a source of corporate financing.
Investors
Private and public entities related to Capital Markets
Investment Professionals
Journalists
Stockbrokers and Brokerage Firms
Companies
INSTITUTO ARGENTINO DE MERCADO DE CAPITALES
Production of Information Training
Delivery of Information
•Periodic Reports: Daily, Monthly, Half-Year
•Yearbook
•Research on capital markets relevant indicators (primary and secondary market).
•Briefing
TrainingPublicationsResearch &
Development•Product development
•Simulation Spreadsheets:
2005 and 2010 Sovereign Debt Restructuring
GDP Warrants’ Payments
•Fixed Income Calculator (both for sovereign and sub-sovereign bonds)
•Contributor to Thomson Reuters and Bloomberg
All of them, freely avaliable at : www.iamc.sba.com.ar
Book: “Capital Markets. Handbook for non-specialists”(Jointly published with UBA. 3rd edition available at bookstores)
INSTITUTO ARGENTINO DE MERCADO DE CAPITALES
• Regular Training Courses: Periodic, Specific, In-company
• Certified Financial Advisor Program (AFC)
• Active participation in Seminars, Conferences, and Faculty Chairs
• Strategic Alliances (UBA Postgraduate Course, Thomson Reuters, UBA, IAEF, Chamber of Trusts and Direct Investment Funds)
• PRO.DI.BUR (Programa de Difusión Bursátil - Capital Markets Promotion Program)
Capital Markets Operator – 4-month-course. Since 1984.Expert in Capital Markets – 1-year-course. Since 1992. Advance Program in Capital Markets (for residents of the provinces). Since 2007.
+ 8,000 students trained in
all coursesAnti-Money Laundering.Corporate Valuation.Corporate Financing depending on the companies’ tax situation.Financial Calculus applied to Capital Markets.Options – Intensive Workshop.Portfolio Management.Technical Analysis.Trust Funds and Direct Investment Funds: Theory and Practice.
Regular Training Courses
Specific Training Courses
INSTITUTO ARGENTINO DE MERCADO DE CAPITALES
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Capital Markets Institutions
Investors
Universities
Secondary Schools
3,964
13,883
17,256
15,237
9,044
7,760
5,9455,975
2,554
12,039
9,76410,886
More than 110,000
enrollments
PRO.DI.BUR - Enrollments per year
Declared of educational interest both by province and national Ministries for Education. With participants from all over the country. Participation is completely free of charge
PRO.DI.BUR Secondary Schools PRO.DI.BUR Universities
PRO.DI.BUR
Evolution of the Program
0
25
50
75
100
125
150
175
200
225
250
275
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Year
Nu
mb
er o
f sc
ho
ols
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
Nu
mb
er o
f S
tud
ents
Number of schools
Number of students
0
10
20
30
40
50
60
70
80
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Year
Can
tid
ad d
e C
ole
gio
s
0
275
550
825
1,100
1,375
1,650
1,925
2,200
Can
tid
ad d
e A
lum
no
s
Universidades
Alumnos
Prizes:A contest of Theory and Practice
2 prizes of ARS5,000 in shares, respectively
ARS30,000 to buy books and educational material
• Investors I (1st half of the year)
• Investors II (2nd half of the year) / “El Gran Inversor”
• Secondary Schools
• Universities and Boards of Professionals
Netbooks
PRO.DI.BUR
With the sponsorship of all the institutions of theArgentine Securities Market
Investors Profile
Some results from the questionnaires answered voluntarily by participants between 2007 and 2011:
• 19,861 enrolled participants.
• All the provinces were represented: 31% of the participants live in a province.
• 62% of the participants are between the 18 and 35 year-age group.
• Almost 59% have never invested in securities (67% in 2007 and 62% in 2009).
PRO.DI.BUR
No59%
n/d9%Yes
32%
Have you ever invested in capital markets?
48 to 5910%
+ 605%
37 to 4718%
26 to 3639%
n/a5%
18 to 2523%
Participants per age group
Professionals, students and employees have a similar participation in total enrollment.
Internet and the newspapers are the main media channels by which participants learn about PRO.DI.BUR.
PRO.DI.BUR
Internet69%
Newspapers and
Magazines9%
TV2%
Radio5%Others
15%
Housewife2% Employee
27%
Student24%
Others14%
Professional33%
Participants by occupationMedia channels used to learn about PRO.DI.BUR
www.iamc.sba.com.ar