FORMAT
Online
Next Start Date
16 January 2026
Registration Closes on 15 January 2026
Duration
30 hours for both modules
Commitment
2-4 hours per week
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).
To edit the button styles, go to Code Snippet and find DMPO JavaScript, as the button colors are hardcoded due to a global style.
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.
(Valid for those who complete the trial)
(Valid for those who complete the trial)
(Valid for those who complete the trial)
(Valid for those who complete the trial)
(Valid for those who complete the trial)
(Valid for those who complete the trial)
Prices shown are in SGD and inclusive of GST (applicable to Singapore residents only).
(Valid for those who complete the trial)
(Valid for those who complete the trial)
(Valid for those who complete the trial)
Full Program
(Valid for those who complete the trial)
S$780
S$2,950
S$1,180
S$5,450
S$2,180
(Valid for those who complete the trial)
S$975
S$487.50
S$1,475
S$737.50
S$2,725
S$1,362.50
(Valid for those who complete the trial)
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.
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.
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.
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.
Online
Next Start Date
16 January 2026
Registration Closes on 15 January 2026
Dalio Market Principles Online
Economic & Market 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.
Would recommend DMP Online*
Found our videos, animations, and case studies engaging
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.
(Valid for those who complete the trial)
(Valid for those who complete the trial)
(Valid for those who complete the trial)
(Valid for those who complete the trial)
(Valid for those who complete the trial)
(Valid for those who complete the trial)
Prices shown are in SGD and inclusive of GST (applicable to Singapore residents only).
(Valid for those who complete the trial)
(Valid for those who complete the trial)
(Valid for those who complete the trial)
Full Program
(Valid for those who complete the trial)
S$780
S$2,950
S$1,180
S$5,450
S$2,180
(Valid for those who complete the trial)
S$975
S$487.50
S$1,475
S$737.50
S$2,725
S$1,362.50
(Valid for those who complete the trial)
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.
(Valid for those who complete the trial)
(Valid for those who complete the trial)
(Valid for those who complete the trial)
*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).
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 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.
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.
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.
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.
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.
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.
Yes.
Yes, you are allowed up to three attempts to pass the assessments.
Learn with cutting-edge tools - our Generative AI Tutor and purpose-built Portfolio SimulatorA curriculum designed with a world-renowned investorEligible for up to 70% IBF Funding and SkillsFuture Credit Claimable*
The Dalio Market Principles (DMP) Online ProgramThe 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.
Attend Our Info Session Download Full Curriculum Request For InfoTo edit the pricing sections, go to Saved Templates and search for DMPO Pricing templates (there are 4).
To edit the button styles, go to Code Snippet and find DMPO JavaScript, as the button colors are hardcoded due to a global style.
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.
(Valid for those who complete the trial)
Use Promo Code: DMPO24C1SLP(Valid for those who complete the trial)
Use Promo Code: EPIP24C1SLP(Valid for those who complete the trial)
Use Promo Code: EPIP24C1SLP(Valid for those who complete the trial)
Use Promo Code: DMPO24C1SLP(Valid for those who complete the trial)
Use Promo Code: EPIP24C1SLPS$2,500
S$1,250
Register Now(Valid for those who complete the trial)
Use Promo Code: EPIP24C1SLPS$2,500
S$1,250
Register NowPrices shown are in SGD and inclusive of GST (applicable to Singapore residents only).
Course fees are in Singapore Dollars.(Valid for those who complete the trial)
Use Promo Code: DMPO24C1SLP(Valid for those who complete the trial)
Use Promo Code: EPIP24C1SLP(Valid for those who complete the trial)
Use Promo Code: EPIP24C1SLPFull Program
Register Now(Valid for those who complete the trial)
Use Promo Code: DMPO24C1SLPS$780
S$2,950
S$1,180
S$5,450
S$2,180
(Valid for those who complete the trial)
Use Promo Code: EPIP24C1SLPS$975
S$487.50
S$1,475
S$737.50
S$2,725
S$1,362.50
(Valid for those who complete the trial)
Use Promo Code: EPIP24C1SLPS$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.
Bringing you lessons directly from Ray DalioHear 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 experienceDive 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 investorsJoin 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.
Request for Info
Leverage Generative AI to personalize your learningJust 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 historyIn 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 SimulatorSee 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.
Online
Next Start Date
16 January 2026
Registration Closes on 15 January 2026
Duration30 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 OnlineEconomic & 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.
Would recommend DMP Online*
Found our videos, animations, and case studies engaging
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
The DMP Program is a brilliant course which covers in depth the market cycles and global dynamics that drive the investment environment. I look forward to applying the macro investment perspective covered in this course alongside my firm’s detailed analysis, to help create an integrated investment approach and create sustainable value for all stakeholders.
Cristina VenturaGeneral Partner, Major Venture Capital Firm
The DMP is the only program I am aware of that provides a time-tested, principle-driven approach to understanding markets dynamics. It provides practical guidance to learning these concepts which is critical in cutting through the vastness of noise in financial markets today.
Jeremy ChingDirector, Managed Investment Advisory at a Major Private Bank
The DMP Program provided a pragmatic approach to portfolio and risk management, and I have certainly benefitted from Ray Dalio’s timeless insights and wisdom. Highly recommended for anyone looking to broaden their understanding macro analysis and market forces.
Riady GozaliManaging Director, Leading Single Family Office
The DMP program’s curriculum is effective in conveying Ray's principles with real-world insights. It gives insights into how experts tackle market fluctuations by thinking through various economic cycles and the interplay of various asset classes. I incorporate several key principles in my practice with success.
Sandeep MaheswariDirector, Wealth Management at Multi-family Office
Source: Based on responses from participants in the 2024 Pioneer Cohort of the DMP Online Program.
(Valid for those who complete the trial)
Use Promo Code: DMPO24C1SLP(Valid for those who complete the trial)
Use Promo Code: EPIP24C1SLP(Valid for those who complete the trial)
Use Promo Code: EPIP24C1SLP(Valid for those who complete the trial)
Use Promo Code: DMPO24C1SLP(Valid for those who complete the trial)
Use Promo Code: EPIP24C1SLPS$2,500
S$1,250
Register Now(Valid for those who complete the trial)
Use Promo Code: EPIP24C1SLPS$2,500
S$1,250
Register NowPrices shown are in SGD and inclusive of GST (applicable to Singapore residents only).
Course fees are in Singapore Dollars.(Valid for those who complete the trial)
Use Promo Code: DMPO24C1SLP(Valid for those who complete the trial)
Use Promo Code: EPIP24C1SLP(Valid for those who complete the trial)
Use Promo Code: EPIP24C1SLPFull Program
Register Now(Valid for those who complete the trial)
Use Promo Code: DMPO24C1SLPS$780
S$2,950
S$1,180
S$5,450
S$2,180
(Valid for those who complete the trial)
Use Promo Code: EPIP24C1SLPS$975
S$487.50
S$1,475
S$737.50
S$2,725
S$1,362.50
(Valid for those who complete the trial)
Use Promo Code: EPIP24C1SLPS$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.
(Valid for those who complete the trial)
(Valid for those who complete the trial)
(Valid for those who complete the trial)
*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.Fill in the form below to receive the full curriculum information.
A program manager will reach out to you shortly.
What are the various funding schemes and subsidies available for the Dalio Market Principles Online Program?Eligible Singapore Citizens and Permanent Residents will enjoy the following subsidies and funding – SkillsFuture Singapore (SSG) and IBF Standards Training Schemes.
How do I claim my IBF funding? 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.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.
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.
Is there a difference in enrolling as a local participant and international participant? 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. What is the course structure? 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.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.
What are the topics covered?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.
Should I start with Investment Principles or Economic Principles?For participants enrolled in both tracks, we recommend starting with Investment Principles for a more cohesive flow of content.
Are there supplementary readings to enhance learning?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.
Will reading Principles for Dealing with the Changing World Order help?Yes, though the majority of course material has not been published and extends beyond Ray Dalio’s published works.
2. Program Features and Technology How accurate are the datasets used, especially in the Portfolio Simulator?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.
Will we have access to actual stocks for portfolio creation?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.
Are case studies based on real-world data?Yes, case studies use actual historical data relevant to the period being analysed, including data up to 2023.
3. Learning Formats, Accessibility and Flexibility What’s the difference between the in-person and online DMPO programs?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.
How long do I have access to the course materials?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.
Is there a subscription option for extended access to Digital Ray after the course?Information regarding extended access or subscription options will be shared at the end of your access period.
Can I request an extension for assessments?All assessments must be completed within the designated program’s timeline due to IBF accreditation requirements.
4. Community Engagement and Peer Interaction Is there a forum for participants to engage with each other?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 Is the course eligible for IBF-STS CPD hours?Yes.
Yes, you are allowed up to three attempts to pass the assessments.