Indian Institute of Capital Markets (IICM), Mumbai was established in 1989. The college is running under the Erstwhile Unit Trust. The college has emerged as one of the premier institutes of the securities markets in Asia and contributed significantly to the development of IICM by conducting policy research, offering executive education programmes. It offers full time diploma Financial Engineering and Risk Management course. The college takes admission through personal interview. The college has a well-equipped library with collection of highly specialized books, auditorium, computer lab with latest databases etc.