NISM Certification - Everything you should know about NISM

In 2006, the Securities and Exchange Board of India (“SEBI”) instituted a public trust named the National Institute of Securities Markets (“NISM”). SEBI regulates the securities markets in India. To enhance the securities markets' standards and promote financial literacy, NISM was introduced.

NISM carries a wide range of capacity-building activities at different levels to amplify the quality standards in securities markets. It organizes examinations for various Securities Market Participants and Intermediaries. Let’s have a close look into the NISM certification.

What are the essentials for enrolling for NISM Certification?

• An Online Registration Form is to be filed to register for any NISM exams, available on the NISM Online Certification System.
• After the candidate fulfills the registration process, he must select:
• Which exam he wishes to apply for,
• The testing center,
• Exam date,
• Time slot for the exam,

After selecting the above options, fill the enrolment form, after which the candidate is enrolled for that specific exam.

• The enrolment remains valid for 180 days from the time of such enrolment.
• The exam slot can be modified (only one modification is allowed) not less than 15 days before the exam date.
• The candidate will receive a soft copy of the study material free of cost once enrolment is done for the examination.

Who are eligible for taking NISM Certification Examinations?

• These examinations are for various Securities Market Participants and Intermediaries.
• Anyone who wishes to learn about the Indian Securities Market may take the exam.
• There are no criteria for age and educational qualification for taking the NISM exam.

What is NISM Certification Fees?

NISM has provided the fee structure as follows:

What is the step-by-step process for Registration and Enrolment for NISM Certification Examinations?

The process goes as follows:

• Candidate must visit the NISM online registration portal (https://certifications.nism.ac.in)
• Create new account
• The account will be activated by clicking on the link received by the candidate on the registered email ID.
• After activation of the account, one can do a NISM certification login through a registered email ID and password.
• After login, click on New Enrollment for NISM and select the Exam, Date & Test Centre and Slot.
• Then make Online Payment.
• Afterward, Print Admit Card and E-receipt.
• Then the candidate can either Download the soft copy of the Study Material or Purchase a Hard Copy.

NISM certification can be beneficial for those willing to explore the field of commerce, finance, marketing, stocks, securities, and advisories. This type of certification acts as an addition to the resume. Also, these exams carry no specific restriction for enrollment, so anyone eager to learn about the securities market can apply for such exams.