A Complete Guide for NISM Certification

Fri Mar 22, 2024


Step 1: Understand NISM and its Objectives

NISM was established by the Securities and Exchange Board of India (SEBI) to enhance the quality of securities market participants. Before proceeding, ensure you understand NISM’s mission and objectives.

Step 2: Identify Your Interest

NISM offers various certifications in different areas of securities and financial markets. Identify your area of interest, such as mutual funds, equity derivatives, currency derivatives, etc.

Step 3: Choose the Relevant Certification

NISM provides a range of certifications. Some popular ones include:

  • NISM Series-I: Currency Derivatives Certification Examination
  • NISM Series-VI: Depository Operations Certification Examination
  • NISM Series-VII: Securities Operations and Risk Management Certification Examination
  • NISM Series-X-A: Investment Adviser (Level 1) Certification Examination
  • NISM Series-X-B: Investment Adviser (Level 2) Certification Examination
Choose the certification that aligns with your career goals.

Step 4: Eligibility Criteria

Check the eligibility criteria for the chosen certification. Different certifications may have specific educational qualifications and work experience requirements.

Step 5: Prepare for the Examination

NISM provides study material for each certification. Review the official study material, and if needed, consider additional resources like books and online courses. Practice sample questions to familiarize yourself with the exam pattern.

Step 6: Registration

Once you are confident in your preparation, register for the examination. Visit the official NISM website for registration details, exam dates, and fees.

Step 7: Exam Day

Be well-prepared on the exam day. Arrive early, carry necessary documents, and follow the exam guidelines. The exams are typically conducted at designated test centes

 Step 8: Clear the Examination

Passing the NISM examination is crucial for certification. Depending on the certification, you may need to achieve a minimum score to be considered successful.

Step 9: Certification Issuance

Upon successfully clearing the examination, NISM will issue a certificate. This certificate is recognized in the securities industry and can enhance your professional credentials.

Step 10: Continuous Learning

The financial markets are dynamic, and staying updated is essential. Consider pursuing additional certifications or attending workshops to stay abreast of industry changes.Remember to periodically check the NISM website for any updates, and feel free to contact their support for any queries during the process. Good luck on your journey towards becoming a certified professional in the securities market!