NISM Certification Details – Eligibility, Fee, Certification Validity, Career, etc

NISM Certification: If you are looking for a career in the financial markets the NISM Certification is valuable as a core qualification for students and professionals employed in various segments of Indian Securities market. Here we are providing you the complete details of NISM Certification, online certification examinations, certificate validity, eligibility, fee, jobs etc.

NISM Certification Details

About NISM Program

NISM stands for National Institute of Securities Markets. NISM is an Indian public trust and an educational institute established in 2006 by the Securities and Exchange Board of India (SEBI). NISM helps the market participants of India to develop their financial skills to the right level and expertise. This help them to provide best quality and actions to anyone who wishes to incest in the financial markets. It offers academic programs, training programs, capacity building and skill development programs in securities markets.

NISM Continuing Professional Education Program

Center for Investment Education & Learning is a NISM Accredited CPE provider for conducting CPE training for revalidation under different programs offered by NISM.

CIEL offers CPE training for revalidation of certification for the following NISM certifications:

  • NISM Series I: Currency Derivatives
  • NISM Series II-A: RTA – Corporate
  • NISM Series II-B: RTA- Mutual Funds
  • NISM Series: III-A: Securities Intermediaries Compliance( Non-Fund)
  • NISM Series: IV: Interest Rate Derivatives
  • NISM Series: V-A: Mutual Fund Distributors
  • NISM Series: V-B: Mutual Fund Foundation
  • NISM Series: VI: Depository Operations
  • NISM Series: VII: Securities Operations and Risk Management
  • NISM Series: VIII: Equity Derivatives
  • NISM Series: IX: Merchant Banking
  • NISM Series: X-A: Investment Advisor

NISM Certification Examination

NISM conduct certification examinations for various Securities Market participants and Intermediaries as mandated by Securities Exchange Board of India. Here we mention some online certification examinations below.

NISM Certification ExamTest DurationFee(Rs.)Certificate Validity
NISM Series I:Currency Derivatives Certification Examination2 Hrs.1500/-3 Years
NISM Series II:      Registers and Transfer Agents Compliance Certification Examination2 Hrs.1500/-3 Years
NISM Certification V A: Mutual Fund Distributors Certification Examination2 Hrs.1500/-3 Years
NISM Series III B: Issues Compliance Certification Examination2 Hrs.1770/-3 Years
NISM Series VI: Depository Operations Certification Examination2 Hrs.1500/-3 Years
NISM Series IX: Merchant Banking Certification Examination2 Hrs.1500/-3 Years
NISM Series XI: Equity Sales Certification Examination2 Hrs.1770/-3 Years
NISM Series XIII: Common Derivatives Certification Examination2 Hrs.3000/-3 Years

Eligibility Criteria

There is no eligibility requirement with regards to age as well as educational qualification to take the NISM exam.

Registration Procedure

To register for any of the NISM exams, one needs to fill in the prescribed online registration form available on the NISM Online Certification System. After completing the registration process, one needs to choose the exam which one wishes to take the testing Centre, exam date and slot of their choice on the NISM online certification system and fill in the enrolment form. Once the enrolment form is filled and submitted, the candidate is enrolled for the specific exam.

When a candidate enrolls for an Examination, the candidate has to choose the exam, and the exam date, time and center.

Exam Process

The exams are online where for each question, alternative answers are provided. The candidate needs to click on the alternative which he/she presumes to be correct.

After NISM Certification Exams

When the candidate completes a program of Continuing Professional Education (CPE) as specified by NISM, the candidate will get the certificate, and it shall be revalidated for a period of three years.

Career Opportunities

The market has great demand for NISM certified professionals and the candidates have more vacancies from reputed organizations. Aspirants in commerce, finance, stocks, economics, securities, stocks, and advisors are some options after successfully completing NISM certification. The NISM certification professionals entering the market field are of high proficiency and ability to take up the challenges of the always growing and demanding markets. This is the reason why NISM candidates are preferred in all financial organizations in government as well as private sectors.



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