The NISM full form is National Institute of Securities Markets is an important certification programme offered by the National Institute of Securities. NISM certification examinations have become pretty popular these days. The primary reason behind the popularity of these competitive certification examinations is their establishment by SEBI.
The NISM certification signifies that the student has the required education, training, and skills required to do a job in the financial market. NISM works closely with major regulators of the financial sector in the vicinity of stock market education.
What is the NISM certification exam?
NISM (National Institute of Securities Markets) is a public trust established by the Securities and Exchange Board of India (SEBI), the regulatory body of securities markets in India. SEBI is the regulator of the Indian Stock Market.
NISM certification stands for National Institute of Securities Markets Certification. The certification is from SEBI (Securities and Exchange Board of India). It is for India. The exams assess your knowledge and skills. They cover many parts of the Indian securities market.
Here’s a breakdown of key points about NISM certification:
Purpose:
- Some roles need it. It validates the knowledge of securities professionals.
- It enhances understanding. It is for anyone interested in Indian securities.
Who can take it:
- Open to anyone. It does not matter what your age, education, or background is.
Exam Types:
- NISM provides many certifications. Each one specializes in an area, like Equity Derivatives or Mutual Funds. Visit the NISM website to see the list of certifications. It includes the National Institute of Securities Markets Certification Exams.
Benefits:
- It makes your resume better. It’s for careers in the securities market.
- It offers valuable knowledge. It is key for making informed investments. This is true whether you are seeking a new career or not.
The NISM certification examinations are engaged in the promotion of standards for best practices in the financial industry. It is an educational, training, and research institute focused on capacity building in securities markets.
Different Series of NISM exams
The NISM exams are based on different series. For each specialization, there is a different series like, if you want to get specialization as mutual fund distributors, then you have to qualify NISM series VA exam. The most benefit of getting certified with NISM series VA certification is, you will commence your personal business of Mutual Fund Distribution after getting registered with AMFI.
Here is the most popular list of NISM certification exams in India:
- Series I: Currency Derivatives Certification Examination
- Series-VIII: Equity Derivatives Certification Examination
- Series V A: Mutual Fund Distributors Certification Examination
- Series-X-A: Investment Adviser (Level 1) Certification Examination
- Series-X-B: Investment Adviser (Level 2) Certification Examination
The objective of the NISM certification exam
The aim of the NISM certification exam is to increase the standard of professionals looking for employment in the different departments in financial services. The aim of the NISM certification exam is to ensure that the professionals working in the stock market meet up with the minimum benchmark of common knowledge for various market functions like equity market, derivatives market, investment, operations, compliance, mutual funds, research, and advisory.
In this article, we have covered the primary reasons why you should attend NISM certification.
7 Reasons the NISM certification exam is beneficial
Here are some reasons you must consider attending the NISM certification exams when planning a career in the financial market and why these certification examinations are important:
Detailed Knowledge About the Securities Market
The securities market comprises broad topics. Each topic requires a clear understanding and demands better clarity. The IFMC NISM courses for beginners introduce you to important topics of the securities market. This is because gaining knowledge of the market helps to make informed decisions with available resources. The content for the NISM certification examinations is regularly updated to reflect the evolving trends and challenges in the securities markets.
Attractive Compensation
The NISM certification not only brings knowledge about the market but also offers lucrative opportunities. There are companies that provide professional opportunities with higher-paying salaries for candidates with NISM certification. The certification gives kick-start for a career in the stock market and financial sector.
Clear Understanding of Risk
The IFMC Institute NISM Certification Course focuses more on practical knowledge. The practical understanding of the financial market tools and techniques helps to make informed decisions, thereby managing risk in a professional way. Without a thorough understanding of risk, it is difficult to prepare a mitigation plan. The financial market is highly volatile and making the right decision at the right time is proven to be profitable.
Increases Employment Opportunities
The NISM certification courses empower students with relevant skills. The certification is always in demand. The companies are always looking for NISM-certified professionals. You have great hiring opportunities by clearing NISM certification examinations and you can also venture into your own business.
Reputed Job Status
With a NISM Certificate in hand, your value as a professional increases and the job is one of the most respectable positions. With NISM certification, you can differentiate yourself from a normal broker who works on instincts.If you are seeking a beneficial career in commerce and finance, then an NISM certification is highly recommended. It will add a niche to your skills, generating further benefits.
Boost Career in the Stock Market
The NISM certification preparatory course by IFMC Institute helps to kick-start a career in the financial market. There are multiple advantages to clearing the NISM certification exam. The certificate carries great value, and the certificate holders can play an important role in the stock market. Also, a person can only trade in mutual funds if he or she owns the NISM certificate.
You Can Earn Lucrative Earning
Working in the stock market is considered the best-paying job in the world. It is the sector where anyone can earn the most money. Besides those not working in the stock market can also trade as a bonus stream of income to help you through tough economic times. Just after the NISM certification, you can start earning as fast as possible.
NISM Certification for Beginners
If you’re interested in a career in stock trading, investment banking, or financial analysis, then you’ll need to get certified by the National Institute of Securities Markets (NISM). The NISM certification process is not difficult, but it can be time-consuming and expensive. However, the benefits of becoming certified far outweigh the costs. With a NISM certification for beginners, you’ll be able to command higher salaries and have better job prospects. If you’re serious about pursuing a career in finance, then getting your NISM certification is a necessary first step. NISM certificate issued by National Institute of Securitas Markets.
How to prepare for the NISM certification exam
After choosing the desired NISM series the next step is how to prepare for NISM exams. These exams require devout efforts by the candidates and appropriate guidance from the experts so that all the knacks to crack these exams can be learned. As NISM exams are not like any other ordinary exam these exams do require some extra effort by the candidates. The NISM certification examinations are recognized across the country, demonstrating a professional’s competency in their respective financial domain.
For the ease of students, IFMC Institute has started providing training to the candidates for NISM exams. The institute provides the right study material to the students for exam preparation. Whether you want NISM equity derivatives study material or any other NISM series, the institute can provide you with everything that you need to prepare for your NISM exam.
IFMC institute NISM certification preparatory course
IFMC is the best and biggest stock market institute. We are a certified institute to help students preparing for the NISM certification exam. The Securities Board Exchange of India (SEBI) mandated NISM certification as a minimum benchmark to obtain a job in the financial market. Preparing for the NISM certification examinations requires thorough study and understanding of various financial concepts and market regulations.
Young students who want to make a career in the financial market must attend the NISM certification course from IFMC Institute to clear the certification examinations with good scores. It is a self-paced programmer anyone can attend from the comfort of their home. Even working professionals can take this course to upgrade their knowledge and add additional certification to their careers. NISM certificate provides entry into the field of Stock Market and Finance Brokerage firms, research firms, Financial Services, and mutual Funds Distribution.
NISM Certification Uses
The National Institute of Securities Markets (NISM) is a primary financial market regulator in India that strives to protect the interests of investors while promoting efficient, orderly, and fair functioning of securities markets. The NISM Certification uses globally recognized testing standards such as ISO 17024 to certify personnel working in the securities market.
Certification by NISM adds significant value to an individual’s credentials by providing employers with the assurance that the certified individual has the required level of understanding and knowledge about the specific subject matter for which he or she has been certified. Moreover, being certified gives an individual a competitive edge over others who are not certified. Therefore, it is essential for anyone working in the securities market to get themselves NISM certified.
