NISM Certification – Why Do You Need It? How To Apply for Exam?

NISM Certification is an online exam needed when making a career in financial fields. If you want to start your career in financial education, then the NISM certification courses are mandatory. It helps to improve your financial skills broader on the right path. They provide high-quality education in the Indian stock market and can clearly understand how to invest in financial markets.

The National Institute of Securities Markets (NISM) is an educational institution under the Securities Exchange Board of India (SEBI). Since 2006, it has taken several steps to develop the standard of financial education in India.

It offers a wide range of certification exams, including currency derivatives certification, merchant banking certification, investment advisory, and many more. In addition, it has six schools committed to providing education about the financial market, professionalism and standardization of security markets.

Before starting a stock market career, individuals need proper education and guidance about the financial market. Therefore, NISM offers various certification courses in financial education that you can enrol in. The complete exam list of the NISM certification exam is given below.

What Teaches NISM Certification?

National Institute of Securities Markets (NISM) offers a wide range of courses in financial education for Indian students. The School for the Certification of Intermediaries (SCI) is one of six schools of NISM, which conducts the NISM certification exams.

NISM Certification
NISM Certification

The NISM Certification courses provide advanced knowledge in some of the specific financial fields, but it is not mandatory for financial professionals. There are a total of 31 certification courses available offered by NISM.

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All the certificate courses are mandated by SEBI and one can make a career as a Research Analyst, Investment Advisor or others in the Financial industry. Below is the list of exams for the NISM certification program that can enhance their career and skill.

For more details, regarding the NISM Certification courses, fees, duration and others, visit the official website of NISM (Source: NISM website).

Why Need NISM Certification?

The finance industry is growing rapidly in India as well as globally. So, when you are starting your career as a finance specialist, you need a certificate, which fulfils NISM. There are various certification courses available, you can choose any one of them to start your career.

You have completed your graduation but you do not have any professional degree like MBA, FRM or CFA. Then this NISM certification will be very beneficial for you. You can expand your skills and expertise in the finance sector and start your career as a finance consultant.

How To Apply for NISM Certification Exam?

To register for any of the courses offered by NISM, you have to first create an account on the NISM website. By clicking on this link you can go directly to the website.

Step 1: First of all, create your account. To create an account you need a copy of your Aadhaar and PAN card, along with a recent passport size photo.

Step 2: After creating an account, you can choose any module of the NISM exam.

Step 3: To register for any module exam, you have to select the exam date, time and centre.

Step 4: After this, it will take you to the payment gateway. Pay fees through debit card, credit or using net banking.

Step 5: Once you have paid the required examination fee, you will get the soft copy of the workbook (study material) and hall ticket in your account.

Step 6: Take a physical printout of your hall ticket and carry it with you to the exam centre on the day of the exam.

NISM Certification Course Duration

There is no significant time required to complete the NISM certification course. It will depend on you – because, you can book your exam slot at any time. But, it is recommended that you need at least 2 months of preparation time before taking any module exam.

Because when you will be registering for the NISM exam you will get 100 pages of study material. Hence, you will need a fair amount of time to read completely. To pass with good marks you have to read the workbooks given by NISM. In which you will get a good knowledge of financial markets which will help you to improve your career in future.

NISM Exam Difficulty Level

The difficulty level of the NISM Exam depends on the course that you selected. But, if you want to work as an Investment Advisor, that is not so hard of the exam level. You need 60% marks to pass the exam. There will be a negative marking for the wrong answer, be aware of it. The format of the NISM certification exam will be mentioned on the official website, must check once before applying.

FAQs
Q: Is the NISM Exam Held Online or Offline?

A: The NISM examination will be conducted online, it will be at your home or office, you need a good Internet connection and a laptop for the examination.

Q: Is there any age criteria for the NISM examination?

A: There is no upper age limit but you must be 18 years old and you can become a mutual fund distributor/consultant by appearing in the NISM exam.

Q: What is the minimum qualification required for the NISM exam?

A: The minimum qualification for the NISM exam is graduation from a recognized university.

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