NISM Certification Programs

The National Institute of Securities Markets (NISM) certifications are mandatory for professionals working in the Indian securities markets. These certifications ensure that market intermediaries possess the necessary knowledge and skills to perform their roles effectively.

At FINEDGE, we provide comprehensive preparation for all major NISM certifications required for various roles in stock markets, mutual funds, wealth management, and portfolio advisory services.

SEBI Mandatory

Required by SEBI for various capital markets roles

Industry Recognition

Recognized by all financial institutions in India

Career Advancement

Essential for promotions and role changes

Validity Period

Valid for 3 years (renewable)

Certification Training

Key NISM Certification Programs

Prepare for mandatory certifications required for various capital markets and wealth management roles

Mandatory

NISM Series VIII

Equity Derivatives Certification Examination

Required for professionals dealing in equity derivatives trading, sales, dealing, or advisory

  • For equity derivatives dealers
  • 100 MCQ questions
  • 2 hours duration
  • Minimum 60% to pass
Mandatory

NISM Series V-A

Mutual Fund Distributors Certification

Essential for mutual fund distributors, agents, and relationship managers selling mutual funds

  • For mutual fund distributors
  • 100 MCQ questions
  • 2 hours duration
  • Minimum 50% to pass
Mandatory

NISM Series X-B

Investment Adviser (Level 2) Certification

For professionals providing investment advisory services to clients in securities markets

  • For investment advisers
  • 100 MCQ questions
  • 2 hours duration
  • Minimum 60% to pass
Mandatory

NISM Series I

Currency Derivatives Certification

Required for professionals dealing in currency derivatives trading in recognized stock exchanges

  • For currency derivatives dealers
  • 100 MCQ questions
  • 2 hours duration
  • Minimum 60% to pass
Mandatory

NISM Series XV

Research Analyst Certification

For professionals engaged in equity research and providing research reports or recommendations

  • For research analysts
  • 100 MCQ questions
  • 2 hours duration
  • Minimum 60% to pass
Mandatory

NISM Series X-A

Investment Adviser (Level 1) Certification

Entry-level certification for professionals starting their career in investment advisory services

  • For investment advisers (Level 1)
  • 100 MCQ questions
  • 2 hours duration
  • Minimum 50% to pass

NISM Exam Details

Important information about NISM certification examinations

Examination Pattern
Question Type:
Multiple Choice Questions (MCQs)
Number of Questions:
100 questions per exam
Duration:
2 hours (120 minutes)
Passing Score:
Varies by exam (typically 50-60%)
Negative Marking:
No negative marking
Examination Process
Registration:
Online registration through NISM website
Test Centers:
Available in 100+ cities across India
Exam Fee:
₹1,500 + GST (varies by exam)
Results:
Immediate result after exam completion
Certificate:
Digital certificate issued within 7 days
Validity & Renewal
Validity Period:
3 years from date of passing
Renewal Process:
Take continuing education program or re-appear for exam
Continuing Education:
20 credit points required in 3 years
Grace Period:
3 months after expiry for renewal

Preparation Strategy & Tips

Effective strategies to prepare for and clear NISM certification exams

Study Material

Use NISM workbook as primary study material. Supplement with reference books and online resources. Focus on understanding concepts rather than rote learning.

Mock Tests

Take regular mock tests to assess preparation level. Analyze performance to identify weak areas. Time yourself to improve speed and accuracy.

Time Management

Create a study schedule with dedicated time for each topic. Allocate more time to difficult topics. Regular revision is key to retention.

Question Analysis

Practice previous year question papers. Understand the pattern of questions. Focus on frequently asked topics and important concepts.

Group Study

Join study groups to discuss difficult topics. Teaching concepts to others improves understanding. Share notes and resources with peers.

Exam Day Strategy

Read questions carefully before answering. Attempt easy questions first. Manage time effectively across all questions.

NISM Training

Why Choose FINEDGE for NISM Preparation?

Our specialized NISM certification preparation program is designed to help you clear exams in the first attempt with comprehensive coverage and practical guidance.

Expert Faculty

Faculty with 10+ years of market experience and NISM certification expertise

Comprehensive Material

Study material, question banks, and mock tests aligned with NISM syllabus

High Success Rate

97% success rate with focused preparation and regular assessments

Flexible Batches

Weekday, weekend, and online batches to suit your schedule

Doubt Clearing

Regular doubt clearing sessions and one-on-one mentoring

Exam Registration Support

Guidance for exam registration, scheduling, and center selection

Start Your NISM Certification Journey Today

Get expert guidance and comprehensive preparation for SEBI-mandated NISM certification exams. Clear your certification in the first attempt with FINEDGE.

97% Success Rate | Expert Faculty | Comprehensive Study Material