Master of Applied Finance and Capital Market (MAFCM)

By Your Query Staff

Published on April 7, 2021
Updated on January 7, 2024

Bangladesh Institute of Capital Market is affiliated with University of Dhaka. They are offering their first master’s program.

Program Title: Master of Applied Finance and Capital Market (MAFCM)

Admission Open for the MAFCM 6th Batch Spring 2024

BICM is the national institute mandated by the Government of the People's Republic of Bangladesh for financial market education, training, and research. The Institute, in affiliation with the University of Dhaka, is offering the Master of Applied Finance and Capital Market (MAFCM) which is the first-ever unique program particularly designed for next generation finance professionals in Bangladesh. It offers skills in demand for the changing landscape of the global and local financial markets, with access to exclusive resources. 

Program Formation: 

51 credits 116 courses 11 project 2 years

Employment Pathway: 

Commercial banking, investment banking, fund management, securities trading, research, financial analysis, and financial regulations 

Program Features 

- Full-time faculties with PhDs and Masters from internationally reputed universities 

- Industry experts and leaders as adjunct faculties 

- Designed to address the current and future challenges of the local and global financial markets 

- Access to state-of-the-art teaching-learning facilities, modernized computer labs, and proprietary data bank 

– Class timings and schedule suitable for working professionals; easily accessible location 

- Access to a rich library with 12,000+ original titles and subscription to world-renowned journals 


Minimum requirements for admission to the program are: 

- A 4-year bachelor's degree or equivalent with a minimum CGPA of 3.00 on a scale of 4.00 (2' class/division for those assessed under the 'class/division' system), or 

- A master's degree with a CGPA of 3.00 or more on a scale of 4.00 for those with a less than 4-year undergraduate degree (2" class/division for those assessed under the 'class/division' system)

Direct admissions are offered for those having: 

- GMAT score of at least 500 or GRE score of at least 300

- Membership of any accounting or finance professional bodies such as CFA, ICAB, ICMAB, ACCA, CIMA, CPA, CGA etc. 

Application and Selection Process:

 -Applications will be received both online and offline at BICM office

- Short-listed candidates will be required to sit for a written test, followed by viva-voce

- Final selection will be based on combined performance in the written test, viva-voce, previous academic performance, and relevant experience 

Application fee: Tk. 1,000/- (offline) 1 Tk. 1,030/- (online). 

Important Dates:

Application deadline for the current intake: January 11, 2024

Admission test: January 12, 2024

Class starts: January 14, 2024


To apply online visit: BICM Website  


For offline application, contact: 

BICM at BGIC Tower (Ground- 3rd Floor and 8th-9th Floor) Apply 34, Topkhana Road, Dhaka-1000, Bangladesh 

Telephone: +88-02-9588506, 9588507 Queries: 01572-112496 01537-055009 0

For more admission information as Master of Applied Finance and Capital Market (MAFCM) you visit URQUERY ADMISSION 

For PGD in Capital Market Click Here

For further query please visit Official Website or see the published circular: 

Master of Applied Finance and Capital Market (MAFCM)