The Indian Institute of Capital Markets (formerly UTI Institute of Capital Markets) came into being in 1990. Governed and managed by distinguished academicians and market professionals, IICM aims to educate and develop professionals for the securities industry in India and other developing countries and endeavors to contribute to the orderly and healthy development of securities markets by bringing expertise to bear on structural and policy issues concerning the securities industry. It functions as a centre for creating investor awareness through research and training and provides specialized consultancy related to the securities industry.