What is NISM Certification?
- ▶<span lang="EN-US" dir="ltr"><strong>Eligibility for NISM Certification</strong></span>
- ▶<span lang="EN-US" dir="ltr"><strong>How to Register for the NISM Certificate?</strong></span>
- ▶<span lang="EN-US" dir="ltr"><strong>NISM Certification Exam Syllabus</strong></span>
- ▶<span lang="EN-US" dir="ltr"><strong>NISM Certificate Exam Pattern</strong></span>
- ▶<span lang="EN-US" dir="ltr"><strong>NISM Certification Marking Scheme</strong></span>
- ▶<span lang="EN-US" dir="ltr"><strong>NISM Exam Fees</strong></span>
- ▶<span lang="EN-US" dir="ltr"><strong>Conclusion</strong></span>
NISM certification refers to an official examination-based certification offered by the National Institute of Securities Markets. It is designed to help individuals understand how India’s securities market functions and how different market operates. These certifications are primarily used by professionals, middlemen, and learners who require organised knowledge about financial markets. NISM certifications are often helpful in enhancing awareness about regulations, responsibilities, and ethics required in the market. They also support skill development for specific roles defined by regulators. This article explains the NISM certification full form, eligibility for NISM certification, registration process, and other key details related to NISM certification.
Eligibility for NISM Certification
The NISM certification eligibility criteria are simple and open to a wide range of learners who want to understand the Indian securities market.
General Eligibility Conditions
- There is no minimum educational qualification required to appear for the NISM examination.
- There is no age limit prescribed for registering for any NISM certification.
Who Can Apply
- Students who wish to learn about financial markets can apply.
- Working professionals looking to understand securities market roles may appear for the exam.
- Individuals interested in market-related knowledge for learning purposes are also allowed to register.
Regulatory Requirement
- Certain NISM certifications are required for specific roles as defined by SEBI, while others can be taken purely for learning and awareness.
How to Register for the NISM Certificate?
After understanding what is NISM certification, learning how the registration is completed may help individuals gain more clarity about the NISM certification. The following are steps usually applied to register for the NISM certificate.
- Create a New Account
Visit the official NISM portal and select the option to create a new account by entering basic personal details. - Complete Profile Verification
Upload scanned copies of a passport-size photograph, Aadhaar card, and PAN card in the required format. These details are used only for verification purposes. - Wait for Account Approval
Once submitted, the profile is reviewed and usually approved within a few working days after verification. - Log In and Book the Exam
After approval, log in to the portal and choose the required NISM certification exam. The exam can be selected in either English or Hindi. - Choose Exam Mode and Slot
Select the preferred city or opt for the online mode if available. Choose a suitable date and time slot. - Make the Payment
Complete the registration by paying the prescribed examination fee through the portal. - Access Study Material
The relevant workbook is available on the portal and can be downloaded for preparation. - Post-Exam Requirement
After clearing certain certifications, an additional application such as ARN (AMFI Registration Number) may be required, depending on the role.
NISM Certification Exam Syllabus
| Certification Name | Syllabus |
| NISM-Series-I: Currency Derivatives Certification Examination | Introduction to Currency Markets Foreign Exchange Derivatives Exchange Traded Currency Futures Strategies Using Exchange Traded Currency Derivatives Trading Mechanism in Exchange Traded Currency Derivatives Clearing, Settlement and Risk Management in Exchange Traded Currency Derivatives Regulatory Framework for Exchange Traded Currency Derivatives Accounting and Taxation Codes of Conduct and Investor Protection Measures |
| NISM-Series-II-A: Registrars to an Issue and Share Transfer Agents-Corporate Certification Examination | Introduction to Securities Characteristics of Equity Shares Characteristics of Debt Securities Characteristics of Other Securities Basics of Mutual Funds SEBI – Role and Regulations Public Offer of Securities Modes of allotment of shares other than Public Offers Processes related to Public Offering of Shares Roles and Responsibilities in a Public Issue Depository Services Processes Related to Depositories Investor Interface with the R&T Agent Secondary Market Transactions Client Servicing |
| NISM-Series-II-B: Registrars to an Issue and Share Transfer Agents – Mutual Fund Certification Examination | Introduction to Securities Characteristics of Equity Shares Characteristics of Debt Securities Characteristics of Other Securities SEBI – Role and Regulations Basics of Registrars and Transfer Agents Registrar and Transfer Agents Regulations Basics of Mutual Funds Mutual Fund Structure and Constituents Mutual Fund Products Operational Concepts of Mutual Funds Investors in Mutual Funds Banking Operations in Mutual Funds Financial Transactions Non-Financial Transactions |
| NISM Series-III-A: Securities Intermediaries Compliance (Non-Fund) Certification Examination | Part A – Understanding the Financial and Regulatory Structure in India Introduction to the Financial System Regulatory Framework – General View Introduction to Compliance SECURITIES AND EXCHANGE BOARD OF INDIA ACT, 1992 SECURITIES CONTRACTS (REGULATION) ACT, 1956 AND RULES, 1957 SEBI (INTERMEDIARIES) REGULATIONS, 2008 SEBI (PROHIBITION OF INSIDER TRADING) REGULATIONS, 2015 SEBI (PROHIBITION OF FRAUDULENT AND UNFAIR TRADE PRACTICES) REGULATIONS, 2003 Prevention of Money Laundering Act, 2002 SEBI (KYC Registration Agency) Regulations, 2011 Part B – Understanding Intermediary Specific Regulations SEBI (FOREIGN PORTFOLIO INVESTORS) REGULATIONS, 2019 SEBI (STOCK BROKERS) REGULATIONS, 1992 SEBI (MERCHANT BANKERS) REGULATIONS 1992, ETC. SEBI (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS 2018 DEPOSITORIES ACT 1996 SEBI (DEPOSITORIES AND PARTICIPANTS) REGULATIONS 2018 SEBI (REGISTRAR TO AN ISSUE AND SHARE TRANSFER AGENTS) REGULATIONS, 1993 SEBI (RESEARCH ANALYST) REGULATIONS, 2014 SEBI (INVESTMENT ADVISERS) REGULATIONS, 2013 SEBI (Debenture Trustees) Regulations, 1993 SEBI (Credit Rating Agencies) Regulations, 1999 SEBI (Custodian of Securities) Regulations, 1996 PROXY ADVISORS |
| NISM-Series-IV: Interest Rate Derivatives Certification Examination | Introduction to Interest Rate, Interest Rate Instruments and Fixed Income Market Interest Rate Derivatives Exchange Traded Interest Rate Options Strategies Using Exchange Traded Interest Rate Derivatives Trading Mechanism in Exchange Traded Interest Rate Derivatives Clearing, Settlement and Risk Management in Exchange Traded Interest Rate Derivatives Regulatory Framework for Exchange Traded Interest Rate Derivatives Accounting and Taxation Code of Conduct and Investor Protection Measure |
| NISM-Series-V-A: Mutual Fund Distributors Certification Examination | Investment Landscape Concept and Role of a Mutual Fund Legal Structure of Mutual Funds in India Legal and Regulatory Framework Scheme Related Information Fund Distribution and Channel Management Practices Net Asset Value, Total Expense Ratio and Pricing of Units Taxation Investor Services Risk, Return, and Performance of Funds Mutual Fund Scheme Performance Mutual Fund Scheme Selection |
| NISM-Series-V-B: Mutual Fund Foundation Certification Examination | Investment Landscape Concept and Role of a Mutual Fund Legal Structure of Mutual Funds in India Mutual Fund Products for the New Cadre of Distributors Scheme Related Information Fund Distribution and Channel Management Practices Performance of Mutual Funds Taxation Investor Services Legal and Regulatory Environment |
| NISM-Series-VI: Depository Operations Certification Examination | Introduction to the Indian Capital Market Introduction to Depository Depository and its Business Partners Functions of Depository Participant – Account Opening Functions of Depository Participant – Account Operations Functions of Depository Participant – Transmission and Nomination Functions of Depository Participant -Dematerialisation Functions of Depository Participant -Trading and Settlement Special Services- Pledge and Hypothecation Special Services- Public Offering and Corporate Action Special Services- Debt Instruments and Government Securities Foreign Portfolio Investors (FPI) Investor Services |
| NISM-Series-VII: Securities Operations and Risk Management Certification Examination | Introduction to the Securities Market Market Participants in the Securities Market Introduction to the Securities Broking Operations Risk Management Clearing Process Settlement Process Investor Grievances and Arbitration Other Services Provided by Brokers |
| NISM-Series-VIII: Equity Derivatives Certification Examination | Basics of Derivatives Understanding Index Introduction to Forwards and Futures Introduction to Options Strategies using Equity futures and Equity options Trading Mechanism Introduction to Clearing and Settlement System Legal and Regulatory Environment Accounting and Taxation Sales Practices and Investors Protection Services |
| NISM Series-IX: Merchant Banking Certification Examination | Introduction to Capital Market Introduction to the Merchant Banking Registration, Code of Conduct & General Obligations of Merchant Bankers in India Issue Management – Important Terms Issue Management – Process and Underwriting Issue Management – General Obligations of Merchant Bankers and Due Diligence Other Merchant Banking Activities-Mergers, Acquisitions & Takeovers Other Merchant Banking Activities – Disinvestment, Buyback of Equity Shares |
| NISM-Series-X-A: Investment Adviser (Level 1) Certification Examination | Module 1: PERSONAL FINANCIAL PLANNING Introduction to Personal Financial Planning Time Value of Money Evaluating the Financial Position of Clients Debt Management and Loans Module 2: INDIAN FINANCIAL MARKETS Introduction To The Indian Financial Markets Securities Market Segments Module 3: INVESTMENT PRODUCTS Introduction To Investment Investing In Stocks Investing In Fixed Income Securities Understanding Derivatives Module 4: INVESTMENT THROUGH MANAGED PORTFOLIO Mutual Funds Portfolio Manager Overview Of Alternative Investment Funds (Aifs) Module 5: PORTFOLIO CONSTRUCTION, PERFORMANCE MONITORING AND EVALUATION Introduction To Modern Portfolio Theory Portfolio Construction Process Portfolio Performance Measurement And Evaluation Module 6: OPERATIONS, REGULATORY ENVIRONMENT, COMPLIANCE AND ETHICS Operational Aspects Of Investment Management Key Regulations Ethical Issues Grievance Redress Mechanism |
| NISM Series-X-B: Investment Adviser (Level 2) Certification Examination | Module 7: RISK MANAGEMENT AND INSURANCE PLANNING Basics Of Insurance Life Insurance Products Non-Life Insurance Products Module 8: RETIREMENT PLANNING Retirement Planning Basics Retirement Products Miscellaneous Aspects Of Retirement Planning Module 9: TAXATION Concepts In Taxation Capital Gains Income From Other Sources Taxation Of Debt Products Taxation Of Equity Products Taxation Of Other Products Tax Provisions For Special Cases Module 10: ESTATE PLANNING Basics Of Estate Planning Tools For Estate Planning Module 11: BEHAVIOURAL FINANCE Basics Of Behavioural Finance Behavioural Finance In Practice Module 12: COMPREHENSIVE INVESTMENT ADVICE Risk Profiling For Investors Comparison Of Products Across Categories Case Studies In Comprehensive Financial Advice |
| NISM Series-XII: Securities Markets Foundation Certification Examination | Understanding Securities Markets And Performance Securities: Types, Features And Concepts Of Asset Allocation And Investing Primary Markets Secondary Markets Mutual Funds Derivative Markets |
| NISM-Series-XIII: Common Derivatives Certification Examination | Basics of Derivatives Introduction to the Underlying Markets Introduction to Forwards and Futures Strategies Using Futures Introduction to Options – Options on Equities and Currencies Option Trading Strategies – Strategies using Equity Options and Currency options Introduction to Trading, Clearing, Settlement & Risk Management Legal and Regulatory Environment Accounting and Taxation Sales Practices, Code of Conduct and Investor Protection Measures |
| NISM-Series-XV: Research Analyst Certification Examination | Introduction To Research Analyst Profession Introduction To Securities Market Terminology In Equity And Debt Markets Fundamentals Of Research Economic Analysis Industry Analysis Company Analysis – Business And Governance Company Analysis – Financial Analysis Corporate Actions Valuation Principles Fundamental analysis of commodities Fundamentals Of Risk And Return Qualities Of A Good Research Report Legal And Regulatory Environment Technical Analysis |
| NISM-Series-XVI: Commodity Derivatives Certification Examination | Introduction to Commodity Markets Commodity Futures Commodity Options Commodity Indices Uses of Commodity Derivatives Trading Mechanism Clearing Settlement and Risk Management of Commodity Derivatives Accounting and Taxation Legal & Regulatory Environment of Commodity Derivatives Code of Conduct and Investor Protection Measures |
| NISM-Series-XVII: Retirement Adviser Certification Examination | Fundamental Concepts in Retirement Planning Financial Markets and Investment Products Retirement Planning Retirement Planning Products: National Pension System Evaluating Fund Performance and Fund Selection Other Investment Products Retirement Planning Strategies Special Situations in Retirement Regulations and Regulators |
| NISM-Series-XVIII: Financial Education Certification Examination | Introduction Key Concepts in Personal Finance Financial Planning and Budgeting Savings Related Products Investment in Securities Market Insurance related Products Pension, Retirement and Estate Planning Borrowing Related Products Government schemes for various savings and investment options Tax Savings Options Caution against Ponzi Schemes and unregistered Investment Advisers Grievance Redressal Mechanism |
| NISM Series XIX-A: Alternative Investment Funds (Category I and II) Distributors | Overview Of Alternative Investments Alternative Investment Funds In India Concepts in the AIF Industry AIF Regulatory Framework Alternative Investment Fund Structuring Risk And Return – Fund And Investor Perspective Investment Process And Governance Of Funds Fund Due Diligence – Investor Perspective Legal Documentation And Negotiation – Investor Perspective Fund Monitoring, Reporting And Exit Valuation Taxation – India Specific Good Practices |
| NISM Series XIX-B: Alternative Investment Funds (Category III) Distributors | Overview Of Alternative Investments Growth Of Alternative Investment Funds In India And Suitability Of Category III AIFs Introduction To Category III AIF Ecosystem Category III AIF: Fund Structures And Service Providers Regulatory Framework Fees Structure, Fund Performance And Benchmarking Category III AIF Investment Strategies And Due Diligence Process Valuation Taxation Good Practices |
| NISM-Series-XX-Taxation in Securities Markets Certification Examination | Introduction To Securities Markets And Securities Concepts In Taxation Capital Gains Income From Other Sources Taxation Of Debt Products Taxation Of Equity Products Taxation Of Other Products Business Income Taxation In The Hands Of Intermediaries Taxation – In The Hands Of Foreign Portfolio Investors (FPIS) Tax Implications of IFSC Tax Provisions For Special Cases Indirect Taxes In Securities Markets |
| NISM-Series-XXI-A: Portfolio Management Services (PMS) Distributors Certification Examination | Investments Introduction to Securities Markets Investing in Stocks Investing in Fixed Income Securities Derivatives Collective Investment Vehicles Role of Portfolio Managers Operational Aspects of Portfolio Managers Portfolio Management Process Performance Measurement and Evaluation of Portfolio Managers 136 Taxation Regulatory, Governance and Ethical Aspects of Portfolio Managers |
| NISM-Series-XXI-B: Portfolio Managers Certification Examination | Investment Landscape Introduction to Securities Markets Investing in Stocks Investing in Fixed Income Securities Derivatives Mutual Fund Role of Portfolio Managers Operational Aspects of Portfolio Managers Portfolio Management Process Taxation Regulatory, Governance and Ethical Aspects of Portfolio Managers Introduction to Indices Concept of Informational Efficiency Behavioural Finance Introduction to Modern Portfolio Theory Introduction to Capital Market Theory Risk Equity Portfolio Management Strategies Fixed Income Portfolio Management Strategies Performance measurement and evaluation of Portfolio Managers Portfolio Rebalancing |
| NISM-Series-XXII: Fixed Income Securities Certification Examination | Overview Of The Indian Debt Market Types Of Fixed Income Securities Risks Associated With Investing In Fixed Income Securities Pricing Of Bonds Yield Measures And Total Return Term Structure Of Interest Rates Measuring Interest Rate Risk Indian Money Market Government Debt Market Corporate Debt Market |
| NISM Series-XXIII: Social Auditors Certification Examination | CHAPTER 1: INTRODUCTION TO SOCIAL SECTOR ECOSYSTEM Section – I Social Sector in India Section – II Indian Financial Markets CHAPTER 2: SOCIAL STOCK EXCHANGE: INTRODUCTION, FUNDING STRUCTURES AND INSTRUMENTS CHAPTER 3: REGISTRATION AND LISTING ON SOCIAL STOCK EXCHANGES CHAPTER 4: UNDERSTANDING LOGIC MODEL IN SOCIAL PROGRAMS FOR SOCIAL IMPACT ASSESSMENT CHAPTER 5: SOCIAL IMPACT ASSESSMENT AND SOCIAL IMPACT ASSESSORS CHAPTER 6: SOCIAL IMPACT ASSESSMENT FRAMEWORKS, TECHNIQUES AND STANDARDS CHAPTER 7: SOCIAL IMPACT ASSESSMENT REPORTING CHAPTER 8: SOCIAL IMPACT ASSESSMENT (CASE STUDIES) CHAPTER 9: DISCLOSURE NORMS, REPORTING REQUIREMENTS BY SOCIAL IMPACT ASSESSOR AND PENALTIES CHAPTER 10: TAXATION CHAPTER 11: KEY REGULATIONS |
NISM Certificate Exam Pattern
Understanding the NISM exam pattern helps you plan and prepare in advance. Below is the table showcasing details:
| Time duration | 2 hours |
| Number of Questions | 100 |
| Negative marking | ¼ or 25% of the marks assigned to a question |
| No negative marking | NISM-Series-V-A, NISM Series XII, and NISM-Series-V-B certification examination |
| NISM Certification Examinations | Duration (in mins) | Max Marks | Pass Marks (%) | Negative Marks | Certificate Validity (in years) |
| NISM-Series-I: Currency Derivatives | 120 | 100 | 60 | 25% | 3 |
| NISM-Series-II-A: Registrars to an Issue and Share Transfer Agents -Corporate | 120 | 100 | 50 | 25% | 3 |
| NISM-Series-ll-B: Registrars to an Issue and Share Transfer Agents -Mutual Fund | 120 | 100 | 50 | 25% | 3 |
| NISM-Series-lll-A: Securities Intermediaries Compliance (Non-Fund) | 120 | 100 | 60 | 25% | 3 |
| NISM-Series-IV: Interest Rate Derivatives | 120 | 100 | 60 | 25% | 3 |
| NISM-Series-V-A: Mutual Fund Distributors | 120 | 100 | 50 | - | 3 |
| NISM-Series-V-B: Mutual Fund Foundation | 120 | 50 | 50 | - | 3 |
| NISM-Series-VI: Depository Operations | 120 | 100 | 60 | 25% | 3 |
| NISM-Series-VII: Securities Operations and Risk Management | 120 | 100 | 50 | 25% | 3 |
| NISM-Series-VIII: Equity Derivatives | 120 | 100 | 60 | 25% | 3 |
| NISM-Series-IX: Merchant Banking | 120 | 100 | 60 | 25% | 3 |
| NISM-Series-X-A: Investment Adviser (Level 1) | 180 | 150 | 60 | 25% | 3 |
| NISM-Series-X-B: Investment Adviser (Level 2) | 180 | 150 | 60 | 25% | 3 |
| NISM-Series-XII: Securities Markets Foundation | 120 | 100 | 60 | - | 3 |
| NISM-Series-XIII: Common Derivatives | 180 | 150 | 60 | 25% | 3 |
| NISM-Series-XV: Research Analyst | 120 | 100 | 60 | 25% | 3 |
| NISM-Series-XVI: Commodity Derivatives | 120 | 100 | 60 | 25% | 3 |
| NISM-Series-XVII: Retirement Adviser | 120 | 100 | 60 | 25% | 3 |
| NISM Series XVIII – Financial Education Certification Examination | 120 | 50 | 25 | - | 3 |
| NISM-Series-XIX-A: Alternative Investment Funds (Category I and II) Distributors | 120 | 100 | 60 | 10% | 3 |
| NISM-Series-XIX-B: Alternative Investment Funds (Category III) Distributors | 120 | 100 | 60 | 10% | 3 |
| NISM Series XIX-C: Alternative Investment Fund Managers | 180 | 150 | 60 | 25% | 3 |
| NISM-Series-XXI-A: Portfolio Management Services (PMS) Distributors | 120 | 100 | 60 | 10% | 3 |
| NISM-Series-XXI-B: Portfolio Managers | 180 | 150 | 60 | 25% | 3 |
| NISM-Series-XXII: Fixed Income Securities | 120 | 100 | 60 | 25% | 3 |
| NISM-Series-XXIII: Social Impact Assessors | 120 | 100 | 60 | 25% | 3 |
NISM Certification Marking Scheme
| Certificate | Total Questions | Total Marks |
| NISM-Series-I | 100 | 100 (1 mark per question) |
| NISM-Series-II-A | 100 | 100 (1 mark per question) |
| NISM-Series-II-B | 100 | 100 (1 mark per question) |
| NISM-Series-V-B | 50 | 50 (1 mark per question) |
| NISM-Series-V-C | 75 MCQs (50 MCQ consisting of 1 mark each and 25 MCQs consisting of 2 marks each) | 100 (1 mark per question) |
| NISM-Series-VI | 100 | 100 (1 mark per question) |
| NISM-Series-X-A | 135 questions ( 90 MCQs + 45 case-based questions) | 150 (60 marks for 9 case-based questions) and 90 marks for MCQs (1 mark per MCQ) |
| NISM Series-X-B | 120 (90 MCQs + 6 cases x 5 questions per case) | 150 (90 questions carrying 1 mark each and 30 case-based questions carrying 2 marks each) |
| NISM-Series-XIII | 150 | 150 (1 mark per question) |
| NISM-Series-XX | 75 | 100 (50 MCQs of 1 mark per question and 25 MCQs of 2 marks per question) |
| NISM-Series-XXI-B | 135 (60 MCQs + 9 cases x 5 questions per case) | 150 (60 MCQs of 1 mark each and 45 case-based questions of 2 marks each) |
| NISM-Series-XXII | 85 MCQs | 100 (70 MCQs of 1 mark each and 15 MCQs of 2 marks each) |
NISM Exam Fees
In order to appear for the NISM exam and obtain certification, you need to pay minimum mandatory fees. The below table showcases the minimum fees that you have to pay:
| NISM Certification Examinations | Fees (in ₹) |
| NISM-Series-I: Currency Derivatives | 1500+ |
| NISM-Series-I: Currency Derivatives | 1500+ |
| NISM-Series-II-A: Registrars to an Issue and Share Transfer Agents -Corporate | 1500+ |
| NISM-Series-ll-B: Registrars to an Issue and Share Transfer Agents -Mutual Fund | 1500+ |
| NISM-Series-lll-A: Securities Intermediaries Compliance (Non-Fund) | 1500+ |
| NISM-Series-IV: Interest Rate Derivatives | 1500+ |
| NISM-Series-V-A: Mutual Fund Distributors | 1500+ |
| NISM-Series-V-B: Mutual Fund Foundation | 1200+ |
| NISM-Series-VI: Depository Operations | 1500+ |
| NISM-Series-VII: Securities Operations and Risk Management | 1500+ |
| NISM-Series-VIII: Equity Derivatives | 1500+ |
| NISM-Series-IX: Merchant Banking | 1500+ |
| NISM-Series-X-A: Investment Adviser (Level 1) | 3000+ |
| NISM-Series-X-B: Investment Adviser (Level 2) | 3000+ |
| NISM-Series-XII: Securities Markets Foundation | 1770+ |
| NISM-Series-XIII: Common Derivatives | 3000+ |
| NISM-Series-XV: Research Analyst | 1500+ |
| NISM-Series-XVI: Commodity Derivatives | 1500+ |
| NISM-Series-XVII: Retirement Adviser | 1500+ |
| NISM-Series-XVIII: Financial Education Certification Examination | 1416+ |
| NISM-Series-XIX-A: Alternative Investment Funds (Category I and II) Distributors | 1770 + |
| NISM-Series-XIX-B: Alternative Investment Funds (Category III) Distributors | 1770 + |
| NISM Series XIX-C: Alternative Investment Fund Managers | 3000+ |
| NISM-Series-XXI-A: Portfolio Management Services (PMS) Distributors | 1500+ |
| NISM-Series-XXI-B: Portfolio Managers | 3000+ |
| NISM-Series-XXII: Fixed Income Securities | NaN+ |
| NISM-Series-XXIII: Social Impact Assessors | 1770+ |
Conclusion
NISM certification helps learners and professionals gain structured knowledge about India’s securities market in a regulated manner. It explains market roles, basic rules, and responsibilities without making assumptions or guarantees. Right from the point of eligibility to registration and the pattern of exams, everything is made simple and easy to access. Knowledge about these certifications can help in making informed learning choices, particularly for those interested in financial markets through an online trading app.
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FAQs on NISM Certification
Are NISM courses free?
No, NISM courses are not free of cost. You have to pay a fee between ₹1500-₹3600 depending on the NISM certification you choose.
What will happen if I miss the NISM exam?
In case you miss the NISM exam, you will need to send a request to reschedule the examination within 3 days from the date of missing the exam.
What is the use of obtaining the NISM certificate?
NISM certification provides you an opportunity to become eligible for the role as a Mutual Fund distributor/ advisory, or financial analyst. It helps you gain the knowledge of professionals, skills, and processes related to the share market.
Which NISM certification is best for beginners?
Some entry-level NISM certifications are commonly chosen by beginners, especially those focused on basic market understanding. The choice depends on individual learning goals.
Does NISM provide placement?
NISM certifications focus on knowledge and regulatory understanding. They do not include placement support.