NISM Certification

What is nism certification ? How to pass nism Exam ? Every detail on the nism course conducted by SEBI. There are over 200,000+ students enroll for nism certification exam every year.

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How to register for NISM Exam

What is NISM Certification ?

The NISM Certification is a respected certification in stock market. It is given by National Institute Of Securities Market. This is initiative of SEBI (Securities Exchange Board of India), Which is a government body. NISM Institute was founded in 2006. Currently NISM conducts exam for 31 certifications at 167 locations in India. It does not give you coaching for exam preparation.

NISM Exam Details

NISM was stablished in 2006 by SEBI. It’s headquarter is in Mumbai, India.
There are over 200,000 students register for nism exam every year.

Exam is conducted on a daily basis. You have to first register on NISM website, select interested certification, pay for it and finally select the exam date and exam center.

Registration Eligibility

Normally, student from any academic background or stream can register in the NISM Course. Following are minimum eligibility criteria.

Minimum 10+2 in any stream

Must have a PAN Card for some exams.

CPE of 1 Day can be attended to renew the certificate.

People interested in making a career in stock market should do these certification.

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List of NISM Exams

There are over 31 exams conducted by NISM for various job profiles. You don’t have to do all certifications to become an expert in stock market. You need to choose a certificate as per the guidance given by your teacher or company. Here is a complete list of nism certifications.

NISM Series I: Currency Derivatives Certification Examination

NISM Series II A: Registrars and Transfer Agents (Corporate) Certification Examination

NISM Series II B: Registrars and Transfer Agents (Mutual Fund) Certification Examination

NISM Series-III-A: Securities Intermediaries Compliance (Non-Fund) Certification Examination

NISM Series-III-B: Issuers Compliance Certification Examination+

NISM Series IV: Interest Rates Derivatives Certification Examination

NISM Series V A: Mutual Fund Distributors Certification Examination

NISM-Series V-B: Mutual Fund Foundation Certification Examination

NISM-Series-V-C: Mutual Fund Distributors (Level 2) Certification Examination

NISM Series VI: Depository Operations Certification Examination

NISM Series VII: Securities Operations and Risk Management Certification Examination

NISM-Series-VIII: Equity Derivatives Certification Examination

NISM Series-IX: Merchant Banking Certification Examination

NISM-Series-X-A: Investment Adviser (Level 1) Certification Examination

NISM-Series-X-B: Investment Adviser (Level 2) Certification Examination

NISM Series-XII: Securities Markets Foundation Certification Examination

NISM Series-XIII: Common Derivatives Certification Examination

NISM Series-XV: Research Analyst Certification Examination

NISM-Series-XVI: Commodity Derivatives Certification Examination

NISM-Series-XVII: Retirement Adviser Certification Examination

NISM-Series-XVIII: Financial Education Certification Examination

NISM Series XIX-A: Alternative Investment Funds (Category I and II) Distributors

NISM-Series-XIX-B: Alternative Investment Funds (Category III) Distributors

NISM-Series-XX-Taxation in Securities Markets

NISM Series XXI-A: Portfolio Management Services (PMS) Distributors

NISM Series XXI-B: Portfolio Managers

NISM Series XXII: Fixed Income Securities

NISM-Series-XXIII: Social Auditors

NISM Certification FEE

NISM Certification fee ranges between Rs. 1500 to 1770+GST

Fee is for only one certification, If you fail in exam you have to pay the exam fee again.

Registration is done online and fee is paid online. No offline admission is taken

One PDF Book is provided after registration

You can join our coaching for preparation or purchase videos, mock tests.

Study Material and Preparation

One PDF Book is provided after registration

You can join our coaching for one certificate or group of certificate (Discounted). You also get placement assistance.

Also, You can buy our video tutorials and mock test papers.

NISM Exams Pattern

All exams are conducted online on exam centers

There are around 100 questions in each certification

1 mark for each question. 0.25 Negative marking

Passing score is 60% in most exams.

Certificates are valid for 3 years.

NISM Certification Syllabus

Course syllabus depends on which certificate you are enrolling. Detailed course syllabus can be downloaded after registration for a specific certificate.

NISM Exam Center

NISM certification exam is conducted all over India in all major towns. There are over 167 exam centers. You an download the list here

Value of NISM Certification in India.

Value of NISM certification is very high in India. Almost, every candidate gets placed in in good companies and get promotions in existing job.

Certification is recognized by Government body.

Over 5430 stock brokers are hiring nism certified.

Normal salary is between 2 lakh to 6 lakh.

Made compulsory by SEBI to hire NISM certification pass candidates for certain jobs in stock market.

NISM Job Profiles

Here is an approximate data on job profiles.

Job Profiles	Ratio%
Equity Trader and Dealer	30%
Mutual Fund Distributor	20%
Investment Advisor	15%
Research Analyst	5%
Compliance and RMS	5%
Portfolio Management	5%
Business Development	20%

Top Companies Hiring NISM Certified

There are over 5430 brokers registered with NSE and BSE in India. All are hiring NISM certified candidates. Here is a list of some top companies:

SBI Securities
HDFC Securities
Kotak Securities
Icici Securities
Angel Broking
ShareKhan
Zerodha
Upstox
Genpact
Bank of America
- Fidelity
- Morning star
- Ameriprise
- Policy Baazar
- Bank Baazar