NISM Full Form - Certification, Benefits, Pattern
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.
NISM Certifications
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
What are the benefits of NISM certification?
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.
NISM Certification Test Pattern and other highlights
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
Frequently Asked Question (FAQs)
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.
Articles
Browse Finance Colleges by State
Explore Career Options (By Industry)
Budget Analyst
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.
Data Analyst
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.
Researcher
A Researcher is a professional who is responsible for collecting data and information by reviewing the literature and conducting experiments and surveys. He or she uses various methodological processes to provide accurate data and information that is utilised by academicians and other industry professionals. Here, we will discuss what is a researcher, the researcher's salary, types of researchers.
Welding Engineer
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.
Quality Controller
A quality controller plays a crucial role in an organisation. He or she is responsible for performing quality checks on manufactured products. He or she identifies the defects in a product and rejects the product.
A quality controller records detailed information about products with defects and sends it to the supervisor or plant manager to take necessary actions to improve the production process.
QA Lead
A QA Lead is in charge of the QA Team. The role of QA Lead comes with the responsibility of assessing services and products in order to determine that he or she meets the quality standards. He or she develops, implements and manages test plans.
Structural Engineer
A Structural Engineer designs buildings, bridges, and other related structures. He or she analyzes the structures and makes sure the structures are strong enough to be used by the people. A career as a Structural Engineer requires working in the construction process. It comes under the civil engineering discipline. A Structure Engineer creates structural models with the help of computer-aided design software.
Process Development Engineer
The Process Development Engineers design, implement, manufacture, mine, and other production systems using technical knowledge and expertise in the industry. They use computer modeling software to test technologies and machinery. An individual who is opting career as Process Development Engineer is responsible for developing cost-effective and efficient processes. They also monitor the production process and ensure it functions smoothly and efficiently.
Download Careers360 App's
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile
300M+
Students
36,000+
Colleges
550+
Exams
1500+
E-Books
16000+
Certifications
