NISM certification full form stands for National Institute of Securities Markets. NISM is an educational arm of Securities and Exchange Board of India. The institute offers students certification courses in the field of securities markets. There are around 30 certification courses offered by NISM. The National Institute of Securities Markets was established in the year 2006 by SEBI. NISM has six schools of excellence namely School for Securities Education (SSE), School for Certification of Intermediaries (SCI), School for Regulatory Studies and Supervision (SRSS)
School for Investor Education and Financial Literacy (SIEFL), School for Corporate Governance (SCG), School for Securities Information and Research (SSIR). Read this article to get detailed information about NISM certification, NISM full form and more.
Sr. | NISM Certification Examinations | Duration (in mins) | Max Marks | POSS Marks(%) | Negative Marks | Certificate Validity | Fees (T) |
01 | NISM-Series-I: Currency Derivatives | 120 | 100 | 60 | 25% | 3 | 1500 |
02 | NISM-Series-II-A: Registrars to an Issue and Share Transfer Agents - Corporate | 120 | 100 | 50 | 25% | 3 | 1500 |
03 | NISM-Series-II-B: Registrars to an Issue and Share Transfer Agents -Mutual Fund | 120 | 100 | 50 | 25% | 3 | 1500 |
04 | NISM-Series- III-A: Securities Intermediaries Compliance (Non- Fund) | 120 | 100 | ó0 | 25% | 3 | 1500 |
05 | NISM-Series-III-B: Issuers Compliance | 120 | 100 | ô0 | 25% | 3 | 1770 |
06 | NISM-Series- IV: Interest Rate Derivatives | 120 | 100 | 60 | 25% | 3 | 1500 |
07 | NISM-Series-V-A: Mutual Fund Distributors | 120 | 100 | 50 | 3 | 1500 | |
08 | NISM-Series-V-B: Mutual Fund Foundation | 120 | 50 | 50 | 3 | 1200 | |
05' | NlSM-Series-V-C: Mutual Fund Distributors (Level 2) | 120 | 100 | 60 | 25% | 3 | 1770 |
10 | NISM-Series-VI: Depository Operations | 120 | 100 | 60 | 25% | 3 | 1500 |
11 | NISM-Series-VII: Securities Operations and Risk Management | 120 | 100 | 50 | 25% | 3 | 1500 |
12 | NISM-Series-VIII: Equity Derivatives | 120 | 100 | ó0 | 25% | 3 | 1500 |
13 | NISM-Series-IX: Merchant Banking | 120 | 100 | 60 | 25% | 3 | 1500 |
14 | NISM-Series-X-A: Investment Adviser (Level 1 ) | 180 | 150 | 60 | 25% | 3 | 3000 |
15 | NISM-Series-X-B: Investment Adviser (Level 2) | 180 | 150 | ô0 | 25% | 3 | 3000 |
1 ó | NISM-Series-XII: Securities Markets Foundation | 120 | 100 | ó0 | 3 | 1770 | |
17 | NISM-Series-XIII: Common Derivatives | 180 | 150 | 60 | 25% | 3 | 3000 |
18 | NISM-Series-XV: Research Analyst | 120 | 100 | 60 | 25% | 3 | 1500 |
19 | NISM-Series-XVI: Commodity Derivatives | 120 | 100 | ô0 | 25% | 3 | 1500 |
20 | NISM-Series-XVII: Retirement Adviser | 120 | 100 | 60 | 25% | 3 | 1500 |
21 | NISM-Series-XVIII: Financial Education | 120 | 50 | 50 | 3 | 1416 | |
22 | NISM-Series-XIX-A: Alternative Investment Funds (Category I and Il) Distributors | 120 | 100 | 60 | 25% | 3 | 1770 |
23 | NlSM-Series-XIX-B: Alternative Investment Funds (Category III) Distributors | 120 | 100 | 60 | 25% | 3 | 1770 |
24 | NISM-Series-XX: Taxation in Securities Markets | 120 | 100 | ó0 | 25% | 3 | 1770 |
25 | NlSM-Series-XXI-A: Portfolio Management Services (PMS) Distributors | 120 | 100 | ô0 | 25% | 3 | 1500 |
26 | NISM- Serìes-XXI- B: Portfolio Managers | 180 | 150 | 60 | 25% | 3 | 3000 |
27 | NISM-Series-XXII: Fixed Income Securities | 120 | 100 | 60 | 25% | 3 | 1770 |
28 | IBBI: Valuation Examination in the Asset class: Land and Building | 120 | 100 | ó0 | 25% | 5,900 | |
29 | IBBI: Yoluotion Exominofion in the Assef class: Plant and Machinery | 120 | 100 | ô0 | 25% | 5,900 | |
30 | IBBI: Valuation Examination in the Asset class: Securities or Financial Assets | 120 | 100 | ó0 | 25% | 5,900 |
Also, check - NISM Registration
brokers, investment banks, banks, AMCs, and other entities accept NISM certification.
The NISM study material is a good source of information about securities markets.
Adding NISM certification to your profile can land you a good job in the securities industry.
NISM certification is a basic requirement for various job roles in securities markets.
Compared to other certifications of the same profile, NISM has very less fee.
The application window of NISM certification is open throughout the year. Students or professionals who want to take up the certification can apply online anytime of the year through the official website of NISM. Here are some details about the pattern of the NISM exam:
NISM Certification Test Pattern
Particulars | Details |
Total number of questions | 100 |
Marks for correct response | 1 mark |
Maximum number of marks | 100 |
Passing marks | 50% |
Negative marking | No |
Also, check - NISM Exam Syllabus
The full form of NISM is the National Institute of Securities Markets.
NISM is part of Securities and Exchange Board of India (SEBI)
Candidates can apply for NISM certification in online mode through the official website.
No minimum qualification is required to register for NISM exams. However, a candidate must be above 18 years.
NISM certifications are meant for educating securities market participants and intermediaries. However, anyone who is interested in completing the certifications can complete the exam.
The NISM certifications is a useful qualification for anyone wanting to make a career in the securities and financial markets. It covers various areas of financial markets such as derivatives markets, mutual funds, asset valuation, securities and more.
The NISM exam fees varies between Rs.1500 to around Rs. 6000 for different certifications.
Budget analysis, in a nutshell, entails thoroughly analyzing the details of a financial budget. The budget analysis aims to better understand and manage revenue. Budget analysts assist in the achievement of financial targets, the preservation of profitability, and the pursuit of long-term growth for a business. Budget analysts generally have a bachelor's degree in accounting, finance, economics, or a closely related field. Knowledge of Financial Management is of prime importance in this career.
The invention of the database has given fresh breath to the people involved in the data analytics career path. Analysis refers to splitting up a whole into its individual components for individual analysis. Data analysis is a method through which raw data are processed and transformed into information that would be beneficial for user strategic thinking.
Data are collected and examined to respond to questions, evaluate hypotheses or contradict theories. It is a tool for analyzing, transforming, modeling, and arranging data with useful knowledge, to assist in decision-making and methods, encompassing various strategies, and is used in different fields of business, research, and social science.
An underwriter evaluates insurance, loan, or investment applications to assess risk and decide on approval terms. They analyse data, set premiums or terms, and ensure policies align with regulations. Key skills include analytical thinking, attention to detail, and communication. Underwriters help financial institutions manage risk and maintain profitability by making informed decisions on which risks to accept.
An Operations Manager ensures smooth business operations by overseeing departments like HR, finance, and supply chain. They implement processes, manage teams, maintain quality, ensure compliance, and plan strategically. Strong leadership, communication, and business knowledge are essential. Typically, they hold a degree in business or an MBA, playing a vital role in improving organisational efficiency and performance.
A Finance Executive manages a company’s financial operations, including monitoring income, expenses, and preparing financial reports. They develop strategies to improve profits and reduce costs, ensuring financial stability. The role demands strong accounting and analytical skills, attention to detail, and the ability to meet deadlines, making it ideal for proactive individuals with a solid finance background.
A Product Manager drives a product’s success by planning strategy, analysing markets, and collaborating across teams. They focus on user needs, guide development, and monitor performance. With tech advancements like generative AI, PMs now enhance innovation and decision-making. Adaptability and continuous learning are key in this evolving, high-impact career.
An Account Manager plays a key role in bridging the gap between a company and its clients, ensuring smooth communication and fostering long-term partnerships. They are responsible for managing and nurturing client relationships, understanding their needs, and crafting tailored strategies to achieve mutual goals. Account Managers also gather and analyse client feedback to drive service improvements, while promptly addressing and resolving any issues that arise.
A Bank Probationary Officer (PO) is an entry-level managerial role in the banking sector, involving responsibilities like handling customer queries, managing loans, overseeing cash flow, and supervising clerical staff. The role requires formal attire and offers opportunities for promotion to higher positions. After probation, the officer may specialise in areas like credit or risk management.
Welding Engineer Job Description: A Welding Engineer work involves managing welding projects and supervising welding teams. He or she is responsible for reviewing welding procedures, processes and documentation. A career as Welding Engineer involves conducting failure analyses and causes on welding issues.
A Quality Assurance (QA) Manager, synonymous with a Quality Assurance Manager, holds a pivotal role in ensuring products meet predefined standards. Responsible for planning, directing, and formulating control policies, the QA Manager safeguards company efficiency and profitability. By scrutinizing products for flaws and ensuring compliance with internal and external requirements, they uphold quality, validating the effectiveness of quality assurance teams in maintaining high standards before product release.
A Quality Controller monitors and tests products to ensure they meet quality standards in industries like manufacturing and pharmaceuticals. They inspect materials, conduct tests, document defects, and suggest improvements. Key skills include technical knowledge, attention to detail, and analytical ability. Typically requiring an engineering degree, they can advance from junior to senior roles overseeing quality processes and teams.
A Production Manager oversees manufacturing processes, ensuring timely and budgeted delivery of products. Responsible for safe, cost-effective production meeting quality standards, their role adapts to the production system. Also known as an Operations Manager, they manage human and material resources, contributing to efficient production and service delivery.
A Product Manager drives a product’s success by planning strategy, analysing markets, and collaborating across teams. They focus on user needs, guide development, and monitor performance. With tech advancements like generative AI, PMs now enhance innovation and decision-making. Adaptability and continuous learning are key in this evolving, high-impact career.
Individuals who opt for a career as product designers are responsible for designing the components and overall product concerning its shape, size, and material used in manufacturing. They are responsible for the aesthetic appearance of the product. A product designer uses his or her creative skills to give a product its final outlook and ensures the functionality of the design.
Students can opt for various product design degrees such as B.Des and M.Des to become product designers. Industrial product designer prepares 3D models of designs for approval and discusses them with clients and other colleagues. Individuals who opt for a career as a product designer estimate the total cost involved in designing.
An individual in textile engineering jobs is creative and innovative that involves the application of scientific laws and principles in everyday work responsibilities. Textile engineering jobs include designing fiber processing systems and related machinery involved in the manufacturing of fiber, cloth, apparel and other related products.
From design to manufacture, garment technologists oversee every stage of clothing production. Individuals are actively engaged in determining the perfect fabric and ensuring that production remains inside the budget. Garment Technologists operate very closely with the designing team, pattern cutters and consumers.