The NISM course is very useful for anyone interested in pursuing a career in the stock market. The National Institute of Securities Market (NISM) is the academic arm of the Securities Exchange Board of India (SEBI). NISM had established in 2006. This institute offers a wide range of certification courses. Keep reading this article to understand more about NISM certification.
- 1 Understanding NISM Certification
- 1.0.1 Eligibility for NISM certification
- 1.0.2 Why should you consider NISM Exams?
- 1.0.3 Extensive knowledge of risk management:
- 1.0.4 NISM Certification Registration Fee
- 1.0.5 Validity of NISM certification:
- 1.0.6 How to register for NISM Certification?
- 1.0.7 FAQs
Understanding NISM Certification
So, what is NISM certification? NISM offers certification programs in several courses. E.g., you can choose from merchant banking certification, investment advisor, derivative certification, and more.
The institute runs six schools and tries to provide good credentials to the market players. The NISM certificate helps students understand the professionalism and standardization of the Indian and global securities markets.
NISM certification is open to everyone, including all educational backgrounds. Students, Professionals, and candidates can consider getting a NISM document.
The NISM certification program aims to equip professionals with a perfect level of general knowledge to understand various critical market functions. Examinations for National Institute of Securities Market documentation and educational programs are available to various intermediary departments. They usually focus on different product lines and functional areas.
The documentation program sets benchmarks in various areas, including mutual funds, research, operations, derivatives, compliance, advisory etc.
Eligibility for NISM certification
NISM wants to educate all in the stock market space about the vital details of the field. Anyone interested in learning how the Indian securities market works can take the course.
There is only certain eligibility to take the certification. Anyone more than 18 years of age is allowed for certification. However, there are no pre-qualification criteria for appearing in the exam.
Why should you consider NISM Exams?
NISM certification offers many beneficial benefits. For example, after taking this course, you can start your career in finance. Certification has considerable value and validity. More importantly, getting a NISM certificate earns you NISM acceptance.
Consequently, you will get permission to trade in mutual funds. Check the following section to know the detailed benefits offered by NISM certification.
Extensive knowledge of risk management:
Stock and security markets unavoidably involve losses. Understanding and identifying risks is important to become a stable player in this volatile market. NISM certification helps you learn how to manage and assess risks. Consequently, you can handle investor complaints more effectively and establish yourself as a real professional.
The stock market is diverse. There are many things to explore and learn. This complex and vast nature of the market calls for better clarity. Using the NISM certification course, you can get a full introduction to the market.
Furthermore, you can also learn about its legal and financial aspects. The course gives you access to good resources that help you make clear and rational choices.
Excellent income opportunity:
NISM certification also qualifies you for major incentives. Various stock companies and large-scale investors seek professionals with NISM certification to handle their share and stock-related transactions and decisions.
By helping with this opportunity, you can build a solid foundation for a good career in the stock market space. You can also start a stock trading or advisory business to create earning chances.
A genuine certification adds to your collection. It proves your educational eligibility. Accordingly, your NISM certificate will enhance your professional capability. It will enable you to earn more money and gain better social respect.
NISM Accreditation sets you apart from random brokers who only get a job with the help of their gut feeling. Instead, you now have real knowledge. So, you deserve a rewarding career. This confidence can help you open many doors for more good chances.
NISM Certification Registration Fee
The NISM certification registration fee is very reasonable and ranges between INR 1200 and 3000. This fee varies depending on the certification or exam you choose. Paying the fee every time you attempt a particular NISM exam is mandatory.
Validity of NISM certification:
The validity of NISM certification is three years from the time you successfully clear the exam.
How to register for NISM Certification?
NISM certification exams had held in 150+ cities across India. The institute has a wide network of test administrators. To write the exam, please follow the given process. Start creating NISM Certification Login.
- To do so, you need to visit the NISM website.
- To complete the registration, you must upload your details and ID proof.
- Once you have completed this site, NISM certification can also download.
- After creating your account, it’s time to activate it.
- You will receive an activation link in your registered email-id.
- Normally, the activation and verification process takes up to 72 hours.
- After verifying your account, log in to the portal with your registered mail id and password and click on the register menu.
- From the dropdown, select Register for Exam.
- You can now see a list of exams along with the city, exam centres, dates and slots.
- Choose the options according to your liking and comfort.
- Then, proceed to payment.
- After payment, your admit card will display.
- Download the card; you have to install it in the exam center.
- You have done it! Visit the exam centre of your choice, and remember to carry your government-issued identity proof (PAN/Aadhaar/Driving License/Passport).
You can now check the number of seats in the exam centres. Select the most convenient exam centre, exam date and time slot. After that, click on book a seat and go to the payment page to complete the seat in your exam centre.
Select your required payment option and follow the steps to complete the process. It allows you to download the admit card and print the e-receipt of the exam. You must take to the admit card with you on the exam date and had advised to book the seats as early as possible as other candidates may occupy the seats.
It provides mandatory certification examinations for associated persons in securities market intermediaries. It Offers Continuing Professional Education (CPE) programs for associated persons in securities market intermediaries.
The NISM exam had conducted for different certifications in Mutual Funds, Derivatives, Investment Advisors, Securities markets, Merchant Banking etc. Anyone above 18 can take these tests to verify their financial acumen regarding the securities markets.
The average NISM salary in India is ₹ 450,000 per year or ₹ 180 per hour. Entry-level positions start at ₹ 250,000 per year, but most experienced workers earn up to ₹ 650,000 annually.
The NISM certification registration fee is very reasonable and ranges between INR 1200 and 3000.