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Overview

The National Institute of Securities Markets (NISM) is a public trust established in 2006 by the Securities and Exchange Board of India (SEBI), the regulator of India's securities markets.

NISM is involved in education, professional certification, capacity building, research and investor education across the securities-market ecosystem. Its activities are aimed at strengthening knowledge, skills and professional standards in India's securities markets.

NISM Certification Examinations

One of NISM's important roles is conducting certification examinations for professionals and other participants in the securities markets.

NISM currently offers a range of certification examinations covering areas such as:

• Mutual funds

• Depository operations

• Equity derivatives

• Commodity derivatives

• Currency derivatives

• Research analysis

• Portfolio management

• Securities operations and risk management

• Other specialised areas of the securities markets

Some NISM examinations are mandated by SEBI for specified roles, while others are non-mandatory certification examinations. The applicable certification requirements can change as regulations and market roles evolve.

For the current list of examinations, eligibility requirements, examination structure, fees and certification validity, always refer to the official NISM website.

Why NISM Certification Matters

For professionals working in or entering the securities markets, NISM certification can provide a structured way to develop and demonstrate knowledge in a particular area of the financial markets.

Depending on the examination, certification may also form part of the regulatory requirements applicable to certain roles in the securities-market industry.

NISM Learning and Education

Certification examinations are only one part of NISM's activities. NISM also provides educational programmes, training, continuing professional education, investor education initiatives and research related to securities markets.

Preparing for a NISM Examination

If you are preparing for a NISM certification examination, the official NISM study material should be your primary source of preparation.

Stock Market Pedia also provides independent practice resources to help candidates test their knowledge and become familiar with examination-style questions.

Mock Tests for NISM

Free practice tests are currently available for selected modules, including:

• Depository Operations

• Mutual Fund Distributors

• PMS Distributors

• Equity Derivatives

• Commodity Derivatives

• Currency Derivatives

Explore Mock Tests for NISM → 

These are independent practice tests created by Stock Market Pedia. They are not official NISM examinations and are not intended to replace the official NISM study material.

Official NISM Resources

For the latest information on examinations, study material, registration, examination centres, fees, certification requirements and other NISM programmes, please refer to the official NISM website.

NISM Official Website → https://www.nism.ac.in/

NISM Certification Examinations →

NISM Certification Registration → https://cert.nism.ac.in/ 

A Note on Information

NISM certification requirements, examination structures, fees and available programmes may change from time to time. The information on this page is intended as a general guide. For the latest and authoritative information, always refer to the official NISM website.