How much valuable are the certification courses of NSE BSE NISM?

The certifications provided by NISM, NSE, and BSE are for educational purposes. They are valuable in the sense that it confirms your awareness about the particular segment. Example: If you have cleared the NISM Series VIII exam, then it shows that you have enough knowledge about the equity derivatives segment and are qualified to be a dealer. But that is the extent of the matter. It does not certify that you know everything about equity derivatives. They are mainly useful to develop functional knowledge about stock markets in India. It increases your understanding of how the markets work and hence improves your knowledge. These certifications are only useful for regulatory compliance purposes. Like every course, it will teach you all the basics that you need to know. It will open up a lot of options. But practical knowledge and experience are always valued more than certificates.

Is there any use of nism certifications in getting a job?

The National Institute of Securities Markets (NISM certification) exams and educational programs serve different segments of intermediaries focusing on varied product lines and functional areas. The skills, expertise, and ethics of professionals in the securities markets are necessary for providing effective intermediation to investors. This also helps in increasing investor confidence in market systems and processes. The School for Certification of Intermediaries (SCI) by NISM under SEBI ensures that market intermediaries meet defined minimum benchmarks of required functional knowledge. This is managed through Certification Examinations and Continuing Professional Education Programs on Mutual Funds, Equities, etc. The Nism program at Fincradle assists candidates with internships in derivatives and equity research. They are supported by industry experts from companies like Boston Consulting Group, McKenzie, Crisil India, HSBC, etc. Internships make you industry-ready. The Certification changes quality market professionals and catalyzes greater investor participation in the markets. It provides structured career paths for students and job aspirants in the securities markets. You can secure a job in Financial Intermediaries, Banks, Secondary Market players, Advisory firms or can be self-employed. You need to be persistent and professional to see the future ahead in the Securities Market.

I am planning to join PGPSM from NISM. Is it really worth to boost my career in securities market?

PGPSM from NISM is a good option if you are aiming for a career in Securities Market. But this program is different from typical PGDM programs offered by B-Schools. In this course, you will learn about shares, derivatives, fixed income markets, various software related to the financial market, etc. The course structure is flexible, you will get ample time to pursue other courses such as CFA, CS, etc. NISM placements are good. In 2022 the average CTC and the highest CTC offered were INR 7.8 LPA and INR 13.67 LPA. Students get job offers such as Business Development Manager, Business Analyst, Wealth Manager, etc.

Are the NISM exams tough?

The difficulty level of the NISM exams ranges between average to moderately high. For some exams, the contents and way of testing could be more complicated than the others. The NISM Investment Advisor Exams (Level 1 and 2) contain more practicals as compared to the other courses. On the other hand, exams like the NISM (Series VI) Depository Operations Certification Examination contain a very high share of theory portion in their syllabus. To pass a module, you need to secure a minimum of 60% in most of the module exams. Also the exams come with a negative marking of 25% per question. Very few exams like NISM (Series VA) Mutual Funds Distributors Certification Examination have a minimum passing marks criteria of 50% and they do not have any negative marking. You can take the help of test prep training for practice papers as they will provide you with good resources.

How is the ICICI business leadership program at NISM?

A few of my friends pursued the ICICI Business leadership program at NISM. According to their experience, the program is quite unique. Selection to the program is done in three steps, i.e. written test, GD, and PI. Getting selected will not be difficult. However, the PI round can be tough. HR can ask tricky questions, you should be confident with your answers. The ROI of the program is excellent because you hardly invest anything. The certification and the degree will help you if you want to switch careers. Security markets are a great area to work in and ICICI is an excellent organization that has produced many Stewarts over the years. If you are thinking of pursuing the ICICI Business leadership program at NISM, you should go for it.

Which one is better NCFM or NISM? Are they meaningful? Why or why not?

NCFM and NISM, both certificates are at par with each other. The basic difference among the certificates is that NCFM is organized by NSE (National Stock Exchange of India Ltd.) and NISM is conducted by SEBI (Securities Exchange Board of India). Both these certificates have different categories of modules specializing in mutual funds, derivatives, interest rates, equity research, technical and fundamental analysis, etc. You can do either of the two certifications, based on what domains are available as per your interest. NCFM started with the objective of spreading financial literacy at a basic level for every individual. While NISM is a mandatory requirement for anyone who wants to begin their career in security markets in India. NCFM and NISM certifications are definitely meaningful. These will help you improve your knowledge in finance as well as add points to your resume.

Can someone provide any guidelines to help me in the preparation for NISM Equity Derivatives Examination?

NISM - VIII Equity Derivatives Examination is one of the toughest examinations in the NISM series. In order to perform well in the examination, you will need a good understanding of derivatives, it’s uses, and their operations. The passing mark is 60% and there will be a deduction of 0.25 marks for each wrong answer. One of my friends recently took the examination and according to him, just reading the workbook provided by them is not enough to perform well in the examination. You will need to practice numerical too. My friend used an app called ‘NISM Equity Derivatives See 8’. The app had around 500 questions and solutions. According to my friend it was quite helpful for preparation. There are no shortcuts for scoring well in NISM-VIII. In order to perform well, you need to have a thorough understanding of Indian derivatives segments.

NISM Mumbai: Courses, Fee, Admission 2023, Placement

Important Updates for NISM

The MAH-MBA Counseling registration has begun, and the last date to register and upload the documents is July 22^nd, 2024, while the last date for document e-verification and the confirmation of your application is July 23^rd, 2024. The provisional merit list will be declared by July 25^th, 2024, while students can submit their grievances on July 26^th and 28^th, respectively. The final merit list will be declared on July 30, 2024.

National Institute of Securities Market (NISM), is a public institution established by the Securities and Exchange Board of India (SEBI) in 2006. NISM offers full-time PDGM, PGCSM, LLM programs and part-time PGP (PM, IA, RA) and PGCM programs. Admission to NISM Mumbai courses is done on the basis of various national entrance scores. NISM's academic programs are uniquely poised to create new age securities, market professionals. The Institute's regulatory background and proximity to the industry have enabled practical and career-oriented learning through guest lectures, industry visits, live projects, real-world cases, etc., and also impressive placements. In the year 2021, the institute organizes online placement facilities for its final year students. The highest package is offered at INR 13.67 LPA to PGDM (SM) 2020-22 batch students whereas the average package is offered at INR 7.8 LPA. Check: NISM Mumbai Placement

The Institute carries out a wide range of capacity-building activities - including academic programs, professional certifications (regulatory mandate), regulatory studies, financial literacy, corporate governance and research - all aimed at enhancing the quality standards of securities markets. The Institute's horizons extend beyond India; it catalyzes the development of securities markets in developing countries like Bangladesh, Myanmar, Cambodia, Laos, Vietnam and other IOSCO members through its high-level training collaborations. The Institute's 72-acre campus hosts state-of-the-art academic, residential and recreational facilities and a well-stocked library. The Institute's SMART Finance Lab is one of the most advanced in the country; students of its academic programs get hands-on exposure to end-to-end trading operations in a simulated trading terminal with live (lag of 5 minutes) real-world market feeds. The institute’s six schools of excellent work in synergy towards professionalized securities markets.

NISM Important Dates

Event	Date
MAH- MBA/MMS-CET 2023 Exam date	March 18-19, 2023

Table of Content

NISM Highlights
NISM Courses
NISM Admission
NISM Placement
NISM Scholarship
NISM Faculty
NISM FAQs

National Institute of Securities Market Highlights

Institute Type	Government
Entrance Exam	National: CAT/ XAT/ MAT/ CMAT/ GMAT/ ATMA/ CLAT State: MHCET
Courses Offered	PGDM (SM), LLM (Investment & Securities Law), PGCM (DSFM)
Application Mode \| Fees	Online \| INR 1000 & INR 500 (for PGCM & PGP – PM, IA, RA)
Top Recruiters	NSE, ICICI Bank, HDFC Bank, Canara Bank, Kotak Mahindra Bank, ICICI Securities
Official Website	https://www.nism.ac.in/
Admission Helpdesk	+91 8268002412

National Institute of Securities Market Courses

NISM creates new-age securities market professionals and equips them with the expertise to meet the enhanced expectations through its uniquely positioned academic programs, certification programs, and training and workshops. Tabulated below are the details for the same:

Course	Specialization	Eligibility
PGDM (Full-time)	Securities Market	Graduation with a minimum of 50% (45% for reserved category candidates) + Obtained a valid test score in CAT/ MAT/ CMAT/ ATMA/ MAT/ GMAT/ MHCET
LLM (Full-time)	-	LLB degree or an equivalent examination with a minimum of 50% (45% for reserved category candidates) + selection on the basis of performance in Online Tests and Online Interviews
PGP (Part-time)	Portfolio Management, Investment Advisory, Research Analysis	Graduation from any discipline
PGCM (Part-time)	Data Science in Financial Markets	Graduation with a minimum of 50% aggregate marks
PGCSM (Full-time)	Securities Market	Graduation with a minimum of 55% aggregate marks
Certificate	Commodity Warehousing Management	Graduation

Check: NISM Mumbai Courses and Fees

National Institute of Securities Market Admission

Step 1: New Registration

Visit the official website of the institute and register yourself with a valid email id and contact number. On successful registration, candidates will receive a user id and password.

Step 2: Application Process

Selection Criteria

Candidates will be selected on the basis of the following exams:
- Common Admission Test (CAT) - Read more
- Xavier Aptitude Test (XAT) - Read more
- Common Management Admission Test (CMAT) - Read more
- AIMS Test for Management Admissions (ATMA) - Read more
- Management Aptitude Test (MAT) - Read more
- Graduate Management Admission Test (GMAT) - Read more
- Maharashtra Common Entrance Test (MHCET) - Read more
Shortlisted candidates are required to appear for a Personal Interview.

Note: The application fee of INR 1,000 will be refunded in case the candidate is not shortlisted for the interview process and selection process.

National Institute of Securities Market Placement

The NISM Campus placement drive of 2021 for Post Graduate Diploma in Management (Securities Markets) – PGDM (SM) (2020-22). The placement process this year was done in online and offline mode with 40 companies participating in it. The students were offered various roles such as Treasury Dealer, Compliance Officer, Surveillance & Investigation Officer, Wealth Manager, Financial Advisor, etc. The placement cell has placed all students who have opted for placement, barring 05 students. Some of the placement highlights of the institute are as follows:

Minimum Salary Package	INR 5 LPA
Average Salary Package	INR 7.8 LPA
Maximum Salary Package	INR 13.67 LPA
Top Recruiters	NSE, ICICI Bank, HDFC Bank, Canara Bank, Kotak Mahindra Bank, ICICI Securities, J.P Morgan, Sharekhan, L & T Finance, etc

National Institute of Securities Market Scholarship

It is NISMs' endeavour to make education more affordable for students from all walks of life and ensure that every deserving student gets an opportunity for quality education. Various categories of scholarships have been made available and designed to cater to different students. Following merit-based scholarships and tuition fee waiver schemes are in place:

Merit Scholarship: Students who have secured 1st rank at the preceding degree (in an examination where at least 120 students have taken exam in the respective University/ Institute) are eligible for 50% of the tuition fee waiver during the first year. Student shall secure at least 60% of marks along with 90% of attendance in each trimester of first year in order to continue to be eligible for 50% tuition fee waiver for the entire programme.
Economically backward students: Economically backward students, with meritorious academic record are eligible for 50% of tuition fee waiver in the first year, whose parent/guardian income is less than INR 4.00 lakh per annum. A student shall secure at least 60% of marks along with 90% attendance in each trimester of first year in order to continue to be eligible for such tuition fee waiver.
Students from local area: Students from Raigarh (MH) district securing admission in PGDM-SM program are eligible for 30% of tuition fee waiver in the first year. Student shall secure at least 60% of marks along with 90% of attendance in each trimester of first year in order to continue to be eligible for 50% tuition fee waiver for the entire program.

Check: NISM Mumbai Scholarship

National Institute of Securities Market Faculty

NSIM Mumbai has a large and diverse faculty of highly qualified and experienced faculty members. The faculty is known for its leadership in education. The members of the faculty are distinguished scholars, who constantly do research in their respective fields. The institute has a team of 28 highly qualified faculty members, the majority of them have long teaching experience and are associated with the institution for many years.

Check: NISM Mumbai Faculty

National Institute of Securities Market FAQs

Ques. How are the accommodation facilities of NISM?

Ans. The institute offers special accommodation facilities to the candidates who are appearing for NISM Certification Examinations, such candidates may inform NISM regarding the same. Candidates are required to send the form to NISM at least 30 days in advance. Approval for Special Accommodation will be provided to the requesting candidate/s by NISM after assessing its need at its sole discretion.

Check: NISM Mumbai Hostel Fees

Ques. What is the entrance exam for LLM at NISM?

Ans. All candidates, including those applying under the Industry or industry-sponsored candidates, should appear for the All India Entrance Test conducted in the form of an online interview and selection shall be made solely on that basis. The Foreign National/ OCI/PIO/NRI Candidates are also selected on the basis of an online interview.

Ques. What is Certificate Program in Commodity Warehousing Management (CPWM) offered by NISM?

Ans. The Certificate Program in Commodity Warehousing Management is a first of its kind integrated Program fulfilling the needs of trained and specialized resources that would handle the functional complexities which exist in the modern warehousing industry. It is a unique program that would train the professionals in handling all functions related to warehousing, right from good practices in inward of the commodity to the outward of the same such as Storage, Price Stabilization, Minimization of Risk, Financing, Grading and Packing etc.

Ques. What are the Academic Eligibility Criteria for the CPWM at NISM?

Ans. Graduate in any discipline from a recognized University under 10+2+3 stream. Provisional admission will be granted to those in the final year of graduation and subject to confirmation of this criterion.

Desirable: Experience in the area of warehousing industry/ Logistics / Farmers Producer Organizations (F.P.O) / Clearing Corporation of Exchanges or H.S.C or Equivalent with one year of experience in the area of warehousing industry/ Logistics/ Farmers Producer Organizations (F.P.O)/ Clearing corporation of Exchanges.

Ques. Who should take admission in CPWM?

Ans. Being a full-time residential course, this program is suitable for fresh AgricultureGraduates, Science Graduates and other Graduates. This program is also useful for individuals with an entrepreneurial bent of mind, who would like to start on their own providing commodity warehousing services. This program is also useful for those professionals who have at least one year of experience in the warehousing industry/vaults/cold storage. This program is also useful for the professional with at least one year of experience in the Logistics industry or has a minimum of one year of experience in the clearing corporations of the exchanges providing commodity derivatives trading and settlement. Professionals working as managers in Farmer Producers Organizations also providing warehousing facilities would find it useful in connecting the warehoused commodities and the stakeholders to the financial sector.

Ques. What is the fees Structure for CPWM at NISM?

Ans. The Consolidated program fee for Certificate Program in Commodity Warehousing Management (CPWM) shall be INR 1,21,965. To confirm the admission after receiving the offer letter candidates should deposit a token sum of Rs. 50,000 to book their seat. Further details of fees will be given in the Brochure of the program.

Ques. What is the total number of seats in the Program at NISM?

Ans. There are 30 seats in this Program.

Ques. Is distance learning available for CPWM at NISM?

Ans. No, CPWM is a 6-month Full-Time Residential Course, hosted at NISM’s campus in Patalganga Industrial Area Village, Mohopada (Wasambe), Rasayani, Maharashtra.

Top Courses, Fees & Eligibility

All
Part Time
Full Time

Duration1 Year(s)

Exams accepted

No Exams Found

Application Date-

EligibilityLLB with 50%