The Dalio Market Principles Online Program
Bringing You the Principles that Drive Markets, Economies and Investment Performance
Learn with cutting-edge tools – our Generative AI Tutor and purpose-built Portfolio Simulator
A curriculum designed with a world-renowned investor
Eligible for up to 70% IBF Funding and SkillsFuture Credit Claimable*

Overview

ray overview
The Dalio Market Principles (DMP) Online Program

The DMP Online Program is a first-of-its-kind program developed together with the finance industry and Ray Dalio, Founder of Bridgewater Associates, which he grew into one of the world’s largest hedge funds. Ray has been a global macro investor for over 50 years, and his investment innovations and thought leadership have made a lasting mark on the industry.

 

Our highly immersive and interactive curriculum will challenge you to reconsider how markets and economies really work and to develop your own investment principles and approach.

 

The DMP Online Program consists of two standalone programs: the Economic & Market Principles online program and the Investment Principles online program. You are encouraged to take both to have a complete learning experience.

To edit the pricing sections, go to Saved Templates and search for DMPO Pricing templates (there are 4).

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Unlock Your Market Edge Today

Whether you’re in Singapore or based overseas, our cutting-edge program is designed to provide you with a competitive advantage in the markets. Exclusive Singapore government subsidies are available for Singaporeans and Permanent Residents.

Register For The Full Program
Register For Single Program

Singaporeans Aged Above 40

Full Program Cost

S$2,000.00

GST 9%

S$180.00

IBF Subsidies ? Under the IBF Standards Training Scheme (IBF-FTS), Singaporeans below 40 years old and PR receive 50% funding while Singaporeans above 40 years old receive 70% funding, both capped at S$3,000 per course

icon - S$1,400.00

SFC Credits ? All Singaporeans aged 25 years old and above can use their SkillsFuture Credits of up to S$1,000 to further offset the remaining fees.

Note: This is only applicable for regular SkillsFuture Credit, and not available for SkillsFuture Credit (Mid-Career) additional top-up funding.

icon - S$780.00

Amount to Pay

S$0

All prices in Singapore Dollars and inclusive of 9% GST.

Singaporeans Aged Below 40

Full Program Cost

S$2,000.00

GST 9%

S$180.00

IBF Subsidies ? Under the IBF Standards Training Scheme (IBF-FTS), Singaporeans below 40 years old and PR receive 50% funding while Singaporeans above 40 years old receive 70% funding, both capped at S$3,000 per course

icon - S$1,000.00

SFC Credits ? All Singaporeans aged 25 years old and above can use their SkillsFuture Credits of up to S$1,000 to further offset the remaining fees.

Note: that this is only applicable for regular SkillsFuture Credit, and not available for SkillsFuture Credit (Mid-Career) additional top-up funding.

icon - S$1,000.00

Amount to Pay

S$180

All prices in Singapore Dollars and inclusive of 9% GST.

Permanent Residents

Full Program Cost

S$2,000.00

GST 9%

S$180.00

IBF Subsidies ? Under the IBF Standards Training Scheme (IBF-FTS), Singaporeans below 40 years old and PR receive 50% funding while Singaporeans above 40 years old receive 70% funding, both capped at S$3,000 per course

icon - S$1,000.00

SFC Credits ? All Singaporeans aged 25 years old and above can use their SkillsFuture Credits of up to S$1,000 to further offset the remaining fees.

Note: that this is only applicable for regular SkillsFuture Credit, and not available for SkillsFuture Credit (Mid-Career) additional top-up funding.

Not Available

Amount to Pay

S$1,180

All prices in Singapore Dollars and inclusive of 9% GST.

Foreign Residents

Full Program Cost

S$2,000.00

GST 9%

S$180.00

IBF Subsidies ? Under the IBF Standards Training Scheme (IBF-FTS), Singaporeans below 40 years old and PR receive 50% funding while Singaporeans above 40 years old receive 70% funding, both capped at S$3,000 per course

Not Available

SFC Credits ? All Singaporeans aged 25 years old and above can use their SkillsFuture Credits of up to S$1,000 to further offset the remaining fees.

Note: that this is only applicable for regular SkillsFuture Credit, and not available for SkillsFuture Credit (Mid-Career) additional top-up funding.

Not Available

Amount to Pay

S$2,180

All prices in Singapore Dollars and inclusive of 9% GST.

Singaporeans Aged Above 40

Full Program Cost

S$1,250.00

GST 9%

S$112.50

IBF Subsidies ? Under the IBF Standards Training Scheme (IBF-FTS), Singaporeans below 40 years old and PR receive 50% funding while Singaporeans above 40 years old receive 70% funding, both capped at S$3,000 per course

icon - S$1,400.00

SFC Credits ? All Singaporeans aged 25 years old and above can use their SkillsFuture Credits of up to S$1,000 to further offset the remaining fees.

Note: that this is only applicable for regular SkillsFuture Credit, and not available for SkillsFuture Credit (Mid-Career) additional top-up funding.

icon - S$780.00

Amount to Pay

S$0

All prices in Singapore Dollars and inclusive of 9% GST.

Singaporeans Aged Below 40

Full Program Cost

S$1,250.00

GST 9%

S$112.50

IBF Subsidies ? Under the IBF Standards Training Scheme (IBF-FTS), Singaporeans below 40 years old and PR receive 50% funding while Singaporeans above 40 years old receive 70% funding, both capped at S$3,000 per course

icon - S$625.00

SFC Credits ? All Singaporeans aged 25 years old and above can use their SkillsFuture Credits of up to S$1,000 to further offset the remaining fees.

Note: that this is only applicable for regular SkillsFuture Credit, and not available for SkillsFuture Credit (Mid-Career) additional top-up funding.

icon - S$737.50

Amount to Pay

S$0

All prices in Singapore Dollars and inclusive of 9% GST.

Permanent Residents

Full Program Cost

S$1,250.00

GST 9%

S$112.50

IBF Subsidies ? Under the IBF Standards Training Scheme (IBF-FTS), Singaporeans below 40 years old and PR receive 50% funding while Singaporeans above 40 years old receive 70% funding, both capped at S$3,000 per course

icon - S$625.00

SFC Credits ? All Singaporeans aged 25 years old and above can use their SkillsFuture Credits of up to S$1,000 to further offset the remaining fees.

Note: that this is only applicable for regular SkillsFuture Credit, and not available for SkillsFuture Credit (Mid-Career) additional top-up funding.

Not Available

Amount to Pay

S$737.50

All prices in Singapore Dollars and inclusive of 9% GST.

Foreign Residents

Full Program Cost

S$1,250.00

GST 9%

S$112.50

IBF Subsidies ? Under the IBF Standards Training Scheme (IBF-FTS), Singaporeans below 40 years old and PR receive 50% funding while Singaporeans above 40 years old receive 70% funding, both capped at S$3,000 per course

Not Available

SFC Credits ? All Singaporeans aged 25 years old and above can use their SkillsFuture Credits of up to S$1,000 to further offset the remaining fees.

Note: that this is only applicable for regular SkillsFuture Credit, and not available for SkillsFuture Credit (Mid-Career) additional top-up funding.

Not Available

Amount to Pay

S$1,362.50

All prices in Singapore Dollars and inclusive of 9% GST.

  • Fees shown are after IBF-STS funding. Subsidised fees apply to eligible participants and are contingent upon successful completion of the programme, which includes (i) fulfilling minimum attendance requirements and (ii) passing all relevant assessments. Under the IBF Standards Training Scheme (IBF-FTS), Singaporeans below 40 years old and PR receive 50% funding while Singaporeans above 40 years old receive 70% funding, both capped at S$3,000 per course. For more information, visit IBF website here.
  • Eligible Singaporeans may utilise SkillsFuture Credit to further offset course fees. This is only applicable for the base tier SkillsFuture Credit, and not applicable for the SkillsFuture Credit (Mid-Career) top-up funding. All Singaporeans aged 25 years old and above can use their SkillsFuture Credits of up to S$1,000 to further offset the remaining fees. For more information, visit SSG website here.
  • NTUC members can utilize UTAP to offset 50% of unfunded course fees (up to S$500 per year) for UTAP-supported courses. Unfunded course fee refers to the balance course fee payable after applicable government subsidy. Terms apply. For more information, visit UTAP’s website here
  • All prices in SGD.

Full Program

S$2,000

All prices in Singapore Dollars.

Investment Principles Online
(Single Program)

S$1,250

All prices in Singapore Dollars.

Economic & Market Principles Online (Single Program)

S$1,250

All prices in Singapore Dollars.

Experience the trial to unlock an exclusive promo code for a special offer.

Register Now

Complete the trial to unlock an exclusive promo code for a special offer.
Full Program
Special Launch Price

(Valid for those who complete the trial)

Use Promo Code: DMPO24C1SLP
Fees
S$5,000
S$4,200
Fees
S$5,000
S$4,200
Investment Principles Online
Special Launch Price

(Valid for those who complete the trial)

Use Promo Code: EPIP24C1SLP
Fees
S$2,500
S$2,300
Fees
S$2,500
S$2,300
Economic & Market Principles Online
Special Launch Price

(Valid for those who complete the trial)

Use Promo Code: EPIP24C1SLP
Fees
S$2,500
S$2,300
Fees
S$2,500
S$2,300
Prices shown are in SGD and inclusive of GST (applicable to Singapore residents only).
Full Program
Special Launch Price

(Valid for those who complete the trial)

Use Promo Code: DMPO24C1SLP
Fees
S$5,000
S$4,200
Fees
S$5,000
S$2,000
Investment Principles Online
Special Launch Price

(Valid for those who complete the trial)

Use Promo Code: EPIP24C1SLP
Fees
S$2,500
S$2,300
Fees

S$2,500

S$1,250

Economic & Market Principles Online
Special Launch Price

(Valid for those who complete the trial)

Use Promo Code: EPIP24C1SLP
Fees
S$2,500
S$2,300
Fees

S$2,500

S$1,250

Prices shown are in SGD and inclusive of GST (applicable to Singapore residents only).

Course fees are in Singapore Dollars.
Full Program
Special Launch Price

(Valid for those who complete the trial)

Use Promo Code: DMPO24C1SLP
Singaporeans Aged Above 40
(70% IBF-STS Funding)
Singaporeans Aged Below 40/ Permanent Residents
(50% IBF-STS Funding)
Foreigners residing in Singapore
S$2,450
S$1,638
S$2,950
S$2,478
S$5,450
S$4,578
Investment Principles Online
Special Launch Price

(Valid for those who complete the trial)

Use Promo Code: EPIP24C1SLP
Singaporeans Aged Above 40
(70% IBF-STS Funding)
Singaporeans Aged Below 40/ Permanent Residents
(50% IBF-STS Funding)
Foreigners residing in Singapore
S$975
S$897
S$1,475
S$1,357
S$2,725
S$2,507
Economic & Market Principles Online
Special Launch Price

(Valid for those who complete the trial)

Use Promo Code: EPIP24C1SLP
Singaporeans Aged Above 40
(70% IBF-STS Funding)
Singaporeans Aged Below 40/ Permanent Residents
(50% IBF-STS Funding)
Foreigners residing in Singapore
S$975
S$897
S$1,475
S$1,357
S$2,725
S$2,507
Prices shown are inclusive of GST (applicable to Singapore residents only).

Full Program

Special Launch Price

(Valid for those who complete the trial)

Use Promo Code: DMPO24C1SLP
Singaporeans Aged Above 40
(70% IBF-STS Funding)
Singaporeans Aged Below 40/ Permanent Residents
(50% IBF-STS Funding)
Foreigners residing in Singapore
S$2,450

S$780

S$2,950

S$1,180

S$5,450

S$2,180

Investment Principles Online
Special Launch Price

(Valid for those who complete the trial)

Use Promo Code: EPIP24C1SLP
Singaporeans Aged Above 40
(70% IBF-STS Funding)
Singaporeans Aged Below 40/ Permanent Residents
(50% IBF-STS Funding)
Foreigners residing in Singapore

S$975

S$487.50

S$1,475

S$737.50

S$2,725

S$1,362.50

Economic & Market Principles Online
Special Launch Price

(Valid for those who complete the trial)

Use Promo Code: EPIP24C1SLP
Singaporeans Aged Above 40
(70% IBF-STS Funding)
Singaporeans Aged Below 40/ Permanent Residents
(50% IBF-STS Funding)
Foreigners residing in Singapore

S$975

S$487.50

S$1,475

S$737.50

S$2,725

S$1,362.50

Prices shown are inclusive of GST (applicable to Singapore residents only).

All prices in SGD after IBF subsidy, and inclusive of 9% GST. Course fees can be further offset by SkillsFuture Credit.

This is only applicable for regular SkillsFuture Credit, and not applicable for SkillsFuture Credit (Mid-Career) additional top-up funding.

Net fees may be as low as zero after subsidies and SkillsFuture Credits are claimed

Experience the trial to unlock an exclusive promo code for a special offer.

Learn for free for 14 days

A Closer Look At The Dalio Market Principles Online Program

Bringing you lessons directly from Ray Dalio
Hear Ray share about the principles and insights that he developed across his 50+ years as a global macro investor. Use his principles as a springboard to develop your own.
Stay curious and engaged with a highly interactive learning experience
Dive into a dynamic and interactive learning experience with videos, animations, and simulations. Immerse yourself in frequent activities that challenge your understanding and reinforce your learning.
Attend ‘live’ tutorials, and engage with Ray Dalio and a global community of investors
Join a thriving network of ambitious investors from around the world who share your passion for learning and growth. Gain exclusive access to live tutorials, webinars, and special events where you can connect directly with Ray Dalio and his team, exchange insights, and broaden your understanding of global markets.

Immersive and Interactive Learning Experience

Leverage Generative AI to personalize your learning

Just like having a world class investor as a personal coach, use our Generative AI Tutor to answer questions, get feedback, search through a vast repository of Ray’s writings, and learn at your own pace.

Experience real-world learning – ‘live through’ major market events throughout history

In markets and economies, the same things happen over and over again because the same cause-and-effect linkages are at work. See this in action across major market events through thoughtfully-curated case studies that are based on actual historical data, understand the underlying linkages and learn how to build portfolios to navigate these shifts.

Develop your market instinct with our Portfolio Simulator

See how your expectations for the future and investment decisions measure up, and learn from your mistakes in a safe space. Use our purpose-built Portfolio Simulator to create and stress test portfolios, disaggregate your portfolio’s performance across different macro-environments, and explore market and economic data from 40 major economies over the last 100 years.

What to Expect​

FORMAT

Hybrid (Self-Paced)

Next Start Date

4 April 2025

Registration Closes on 1 April 2025

Following Start Date

4 July 2025

Registration closes on 1 July 2025

Duration
30 hours for both modules
Commitment
2-4 hours per week
Upon completion of the DMP Online Program module(s), participants will be awarded the respective certificate(s).

Dalio Market Principles Online

Dalio Market Principles Online

Economic & Market Principles

Dalio Market Principles Online
Investment Principles

*Estimated completion time may vary for each individual. Modules are released sequentially on a weekly basis.

*Participants who register for standalone modules are allotted a period of 2 months to complete the program.

* Participants who register for the full program are granted a period of 4 months to complete the program.

Please select the Full program option here.

  • Estimated completion time may vary for each individual. 
  • Participants who register for standalone modules are allotted a period of 2 months to complete the program.
  • Participants who register for the full program are granted a period of 4 months to complete the program.

What Others Say about the Dalio Market Principles Curriculum

100%

Would recommend DMP Online*

97%

Found our videos, animations, and case studies engaging

93%

Reported that they can directly apply what they’ve learned to their work

90%

Provided positive ratings of our programme design

Source: Data based on survey responses from participants in the Pioneer Cohort of the Dalio Market Principles Online (DMPO) Program.

* Based on the Pioneer Cohort of our full program

Source: Based on responses from participants in the 2024 Pioneer Cohort of the DMP Online Program.

Register Now

Individual
Group
Full Program
Special Launch Price

(Valid for those who complete the trial)

Use Promo Code: DMPO24C1SLP
Fees
S$5,000
S$4,200
Fees
S$5,000
S$4,200
Investment Principles Online
Special Launch Price

(Valid for those who complete the trial)

Use Promo Code: EPIP24C1SLP
Fees
S$2,500
S$2,300
Fees
S$2,500
S$2,300
Economic & Market Principles Online
Special Launch Price

(Valid for those who complete the trial)

Use Promo Code: EPIP24C1SLP
Fees
S$2,500
S$2,300
Fees
S$2,500
S$2,300
Prices shown are in SGD and inclusive of GST (applicable to Singapore residents only).
Full Program
Special Launch Price

(Valid for those who complete the trial)

Use Promo Code: DMPO24C1SLP
Fees
S$5,000
S$4,200
Fees
S$5,000
S$2,000
Investment Principles Online
Special Launch Price

(Valid for those who complete the trial)

Use Promo Code: EPIP24C1SLP
Fees
S$2,500
S$2,300
Fees

S$2,500

S$1,250

Economic & Market Principles Online
Special Launch Price

(Valid for those who complete the trial)

Use Promo Code: EPIP24C1SLP
Fees
S$2,500
S$2,300
Fees

S$2,500

S$1,250

Prices shown are in SGD and inclusive of GST (applicable to Singapore residents only).

Course fees are in Singapore Dollars.
Full Program
Group Registration
(5 or more learners)
S$3,800
Investment Principles Online
Group Registration
(5 or more learners)
S$2,000
Economic & Market Principles Online
Group Registration
(5 or more learners)
S$2,000
Prices shown are in SGD and exclude GST.
Individual
Group
Full Program
Special Launch Price

(Valid for those who complete the trial)

Use Promo Code: DMPO24C1SLP
Singaporeans Aged Above 40
(70% IBF-STS Funding)
Singaporeans Aged Below 40/ Permanent Residents
(50% IBF-STS Funding)
Foreigners residing in Singapore
S$2,450
S$1,638
S$2,950
S$2,478
S$5,450
S$4,578
Investment Principles Online
Special Launch Price

(Valid for those who complete the trial)

Use Promo Code: EPIP24C1SLP
Singaporeans Aged Above 40
(70% IBF-STS Funding)
Singaporeans Aged Below 40/ Permanent Residents
(50% IBF-STS Funding)
Foreigners residing in Singapore
S$975
S$897
S$1,475
S$1,357
S$2,725
S$2,507
Economic & Market Principles Online
Special Launch Price

(Valid for those who complete the trial)

Use Promo Code: EPIP24C1SLP
Singaporeans Aged Above 40
(70% IBF-STS Funding)
Singaporeans Aged Below 40/ Permanent Residents
(50% IBF-STS Funding)
Foreigners residing in Singapore
S$975
S$897
S$1,475
S$1,357
S$2,725
S$2,507
Prices shown are inclusive of GST (applicable to Singapore residents only).

Full Program

Special Launch Price

(Valid for those who complete the trial)

Use Promo Code: DMPO24C1SLP
Singaporeans Aged Above 40
(70% IBF-STS Funding)
Singaporeans Aged Below 40/ Permanent Residents
(50% IBF-STS Funding)
Foreigners residing in Singapore
S$2,450

S$780

S$2,950

S$1,180

S$5,450

S$2,180

Investment Principles Online
Special Launch Price

(Valid for those who complete the trial)

Use Promo Code: EPIP24C1SLP
Singaporeans Aged Above 40
(70% IBF-STS Funding)
Singaporeans Aged Below 40/ Permanent Residents
(50% IBF-STS Funding)
Foreigners residing in Singapore

S$975

S$487.50

S$1,475

S$737.50

S$2,725

S$1,362.50

Economic & Market Principles Online
Special Launch Price

(Valid for those who complete the trial)

Use Promo Code: EPIP24C1SLP
Singaporeans Aged Above 40
(70% IBF-STS Funding)
Singaporeans Aged Below 40/ Permanent Residents
(50% IBF-STS Funding)
Foreigners residing in Singapore

S$975

S$487.50

S$1,475

S$737.50

S$2,725

S$1,362.50

Prices shown are inclusive of GST (applicable to Singapore residents only).

All prices in SGD after IBF subsidy, and inclusive of 9% GST. Course fees can be further offset by SkillsFuture Credit.

This is only applicable for regular SkillsFuture Credit, and not applicable for SkillsFuture Credit (Mid-Career) additional top-up funding.

Net fees may be as low as zero after subsidies and SkillsFuture Credits are claimed

Experience the trial to unlock an exclusive promo code for a special offer.

Full Program
Special Launch Price

(Valid for those who complete the trial)

Singaporeans Aged Above 40
(70% IBF-STS Funding)
Singaporeans Aged Below 40/ Permanent Residents
(50% IBF-STS Funding)
Foreigners residing in Singapore
S$1,482
S$2,242
S$4,142
Investment Principles Online
Special Launch Price

(Valid for those who complete the trial)

Singaporeans Aged Above 40
(70% IBF-STS Funding)
Singaporeans Aged Below 40/ Permanent Residents
(50% IBF-STS Funding)
Foreigners residing in Singapore
S$780
S$1,180
S$2,180
Economic & Market Principles Online
Special Launch Price

(Valid for those who complete the trial)

Singaporeans Aged Above 40
(70% IBF-STS Funding)
Singaporeans Aged Below 40/ Permanent Residents
(50% IBF-STS Funding)
Foreigners residing in Singapore
S$780
S$1,180
S$2,180
Prices shown are in SGD and include GST.
Up to
70%
subsidies available!*

*Only Singaporeans and Permanent Residents are eligible for up to 70% funding. The program is accredited by the IBF under the IBF Standards Training Scheme (STS). 

Any discrepancies in registration details or failure to meet minimum IBF academic requirements will result in an unsuccessful IBF reimbursement claim and students will be liable for the full tuition fees.

Request for Info

Fill in the form below to receive the full curriculum information.

A program manager will reach out to you shortly.

Eligible Singapore Citizens and Permanent Residents will enjoy the following subsidies and funding – SkillsFuture Singapore (SSG) and IBF Standards Training Schemes.

For eligible Singapore Citizens and Permanent Residents, there is no need for you to make any separate claims for funding. WMI will apply for the IBF funding on your behalf, though we will request that you provide us with the relevant information to do so.

Find out more:
https://www.ibf.org.sg/home/for-individuals/skills-and-jobs-development/training-support/IBF-STS

For Singapore citizens only:


Yes, eligible SG citizens may utilise Skillsfuture Credits to offset course fees. This is only applicable for the regular Skillsfuture Credit, and not applicable for the SkillsFuture Credit (Mid-Career) additional top-up funding. All eligible Singapore citizens will be able to access their SFC account here.

BEFORE accessing any online learning modules or commencing the course:
Full fee per module is payable upon issuance of invoice. For withdrawal due to (a) health (b) compassionate reasons, full refund except for applicable administration/registration fees. For other withdrawal, 10% of the full fee per module is payable.

AFTER accessing any online modules or commencing the course:
100% of the full fee per module is payable, regardless of start date of classroom session.

We accept payment via credit card. Unfortunately, we do not allow splitting of payment across separate credit card transactions.

 

For Singapore citizens and permanent residents, we accept ‘PayNow’ as another mode of payment.

In all cases, nett Program Fees must be paid in full (in SGD Dollars) to complete registration.

There is no difference in enrolling between local and international participants. Both groups have the same access to the program content and resources. However, funding options may vary depending on residency status. Singapore Citizens and Permanent Residents can benefit from funding support under the IBF Standards Training Scheme (IBF-STS). SkillsFuture Credit can be utilized to offset the balance of the Dalio Market Principles Online program fees after IBF subsidy.
The Dalio Market Principles Online (DMPO) program is a 30-hour online course designed to be completed over a three-month period. In contrast, the standalone programs—Investment Principles and Economic & Market Principles—are 15 hours each and structured for completion within two months. Throughout the duration of the programs, participants are expected to complete all course materials and assessments.

Participants will have access to all program resources, including the Portfolio Simulator and Generative AI Tutor, for up to one year from the course start date. This extended access provides learners with the opportunity to revisit materials and further refine skills and knowledge at their own pace.
The course is structured into two main tracks:

Investment Principles: This explores Ray Dalio’s investment approach, focusing on fundamental, systematic, and diversified strategies. Key topics covered include the drivers of asset returns, alpha and beta portfolios (including Ray Dalio’s pioneering All-Weather approach), and portfolio construction. Participants will gain hands-on experience using the Portfolio Simulator to create portfolios tailored to various goals and constraints, while stress-testing their strategies across different economic and market environments.

Economic & Market Principles: This provides a practical framework for understanding economies and markets, focusing on key drivers of economic activity and market movements. Topics include business cycles, debt cycles, and the management of various financial crises. Participants will learn to navigate paradigm shifts, anticipate changes in markets and currencies, and explore the rise and fall of nations.
The Portfolio Simulator covers over 100 years of actual market and economic data across more than 40 major economies. This historical perspective is crucial, as it allows participants to understand the full range of economic and macro environments that have occurred—and may recur—in the future.
The Portfolio Simulator focuses on asset classes, such as equities, bonds and commodities – rather than individual stocks. This allows participants to understand broader market dynamics, and the impact of the macro environment on different types of assets.
Yes, case studies use actual historical data relevant to the period being analysed, including data up to 2023.
Yes, you are allowed up to three attempts to pass the assessments.
Yes.
  • DMP Online (full program): 30 CPD hours (4 Core SFA/FAA hours)
  • Economic Principles: 15 CPD hours (2 Core SFA/FAA hours)
  • Investment Principles: 15 CPD hours (2 Core SFA/FAA hours)
The Dalio Market Principles in-person program is an intensive 5-day course held annually in Singapore. It features live interactions and in-depth discussions with faculty and fellow learners.

Dalio Market Principles Online offers the same core content, enhanced with innovative learning tools such as the Generative AI Tutor and the Portfolio Simulator. It is designed for a global audience across all levels, allowing participants to learn online at their own pace.
All assessments must be completed within the designated program’s timeline due to IBF accreditation requirements.
Participants will have access to all program resources, including the Portfolio Simulator and Generative AI tutor, for up to one year from the course start date.
Information regarding extended access or subscription options will be shared at the end of your access period.
For participants enrolled in both tracks, we recommend starting with Investment Principles for a more cohesive flow of content.
As a special resource for learners undertaking the DMP Online Program, participants will gain access to a curated set of Ray’s client notes (his Daily Observations), written at key periods of major market events over the past 20 years.

These notes provide insights into Ray’s thinking at key junctures in the markets, and can serve as a starting point for your own reflections.
Yes, though the majority of course material has not been published and extends beyond Ray Dalio’s published works.
Yes, participants can connect through an online discussion forum within the learning portal. In addition, there are optional live virtual workshops held with faculty.
We will also periodically organise events for alumni to meet each other.

FAQs

1. Course Overview and Learning Pathways

The Dalio Market Principles Online (DMPO) program is a 30-hour online course designed to be completed over a three-month period. In contrast, the standalone programs—Investment Principles and Economic & Market Principles—are 15 hours each and structured for completion within two months. Throughout the duration of the programs, participants are expected to complete all course materials and assessments.

Participants will have access to all program resources, including the Portfolio Simulator and Generative AI Tutor, for up to one year from the course start date. This extended access provides learners with the opportunity to revisit materials and further refine skills and knowledge at their own pace.

The course is structured into two main tracks:

Investment Principles: This explores Ray Dalio’s investment approach, focusing on fundamental, systematic, and diversified strategies. Key topics covered include the drivers of asset returns, alpha and beta portfolios (including Ray Dalio’s pioneering All-Weather approach), and portfolio construction. Participants will gain hands-on experience using the Portfolio Simulator to create portfolios tailored to various goals and constraints, while stress-testing their strategies across different economic and market environments.

Economic & Market Principles: This provides a practical framework for understanding economies and markets, focusing on key drivers of economic activity and market movements. Topics include business cycles, debt cycles, and the management of various financial crises. Participants will learn to navigate paradigm shifts, anticipate changes in markets and currencies, and explore the rise and fall of nations.

For participants enrolled in both tracks, we recommend starting with Investment Principles for a more cohesive flow of content.

As a special resource for learners undertaking the DMP Online Program, participants will gain access to a curated set of Ray’s client notes (his Daily Observations), written at key periods of major market events over the past 20 years.

These notes provide insights into Ray’s thinking at key junctures in the markets, and can serve as a starting point for your own reflections.

Yes, though the majority of course material has not been published and extends beyond Ray Dalio’s published works.

2. Program Features and Technology

The Portfolio Simulator covers over 100 years of actual market and economic data across more than 40 major economies. This historical perspective is crucial, as it allows participants to understand the full range of economic and macro environments that have occurred—and may recur—in the future.

The Portfolio Simulator focuses on asset classes, such as equities, bonds and commodities – rather than individual stocks. This allows participants to understand broader market dynamics, and the impact of the macro environment on different types of assets.

Yes, case studies use actual historical data relevant to the period being analysed, including data up to 2023.

3. Learning Formats, Accessibility and Flexibility

The Dalio Market Principles in-person program is an intensive 5-day course held annually in Singapore. It features live interactions and in-depth discussions with faculty and fellow learners.

Dalio Market Principles Online offers the same core content, enhanced with innovative learning tools such as the Generative AI Tutor and the Portfolio Simulator. It is designed for a global audience across all levels, allowing participants to learn online at their own pace.

Participants will have access to all program resources, including the Portfolio Simulator and Generative AI tutor, for up to one year from the course start date.

Information regarding extended access or subscription options will be shared at the end of your access period.

All assessments must be completed within the designated program’s timeline due to IBF accreditation requirements.

4. Community Engagement and Peer Interaction

Yes, participants can connect through an online discussion forum within the learning portal. In addition, there are optional live virtual workshops held with faculty.

We will also periodically organise events for alumni to meet each other.

5. Accreditations, Assessments and Evaluations

Yes.

  • DMP Online (full program): 30 CPD hours (4 Core SFA/FAA hours)
  • Economic Principles: 15 CPD hours (2 Core SFA/FAA hours)
  • Investment Principles: 15 CPD hours (2 Core SFA/FAA hours)

Yes, you are allowed up to three attempts to pass the assessments.