National Institute of Securities Market (NISM) is the statutory professional body for Financial Market Dealers in India along with the central civil service training institute and staff college of SEBI established by the Securities and Exchange Board of India (SEBI) in 2006. The institute is renowned for its flagship programme in the securities market i.e., Post-Graduation Program in Securities Market and many other additional programmes which include Post-Graduation Program in Quantitative Finance, Certificate in Investment and Securities Law, Certificate in Treasury Management, Post-Graduation in Data Sciences, Post-Graduation in Risk Management, Post-Graduation in Financial Engineering, etc. The institute provides a wide range of programmes including certificate programmes, academic programmes, training programmes, capacity building programmes, and skill development programmes in securities markets.

National Institute of Securities Market (NISM) is located at Patalganga Industrial Area, Village Mohopada (Wasambe), Rasayani, Maharashtra. It is a powerful autonomous body governed by the Board of Governors. This institute has been classified into six schools that address the different participation of Indian Financial Markets.

A few important highlights regarding National Institute of Securities Market are tabulated below:

NISM institute provides 10 main courses across four streams along with various full-time, part-time courses and various joint programs in different cities across the country. The institute is divided into six schools of excellence which are as follows:

• School of Securities Education (SSE)
• School of Certification of Intermediaries (SCI)
• School of Regulatory Studies and Supervision (SRSS)
• School of Investor Education and Financial Literacy (SIEFL)
• School of Corporate Governance (SCG)
• School of Securities Information and Research (SSIR)

The School of Securities Education (SSE) provides the courses given below. The duration for the PGDM course is two years and the rest of the courses provided by the institute ranges from 15 months to one year. PGDM, LLM, PGC (Post Graduate Certificate) are full-time courses while PGP and PGCM are part-time courses offered by the college.

PG Certificate Courses at NISM: There are many certificate courses programs available. The time duration for these courses is 14 months

Admission to this institute is predicated on the basis of entrance exams. National Institute of Securities Market courses are listed below with eligibility criteria and fees:

Students who want to enroll themselves in courses like PGDM, LLM, PGP, PGC and PGCM need to complete their graduation from a recognised university. For LLM, LLB is the required eligibility. Students need to pay Rs 1,000 as an admission fee for taking admission to NISM institute.

Important details regarding NISM admission process are as follow:

• For admission in PGDM, the aspirants are required to give any of the exams from CAT/ XAT/ MAT/ CMAT/ GMAT/ ATMA/ MAHCET
• For LLM admission, CLAT score will be considered followed by an online interview.
• Admission will be granted on the basis of merit in the entrance exam
• There will be an interview round for the selection process

The key dates related to National Institute of Securities Market admission 2022 are mentioned below:

NISM has a placement record of more than 80% of students every year. Its major recruiters are Federal Bank, IDBI Bank, Kotak Mahindra, HDFC Bank, ICICI Securities, NSE, ICEX, Wipro, JP Morgan, IRDA and many more. The top companies which provide internship opportunities to NISM students are Yes Bank, HDFC Bank and Wipro. National Institute of Securities Market placements 2022 stats are listed below:

• Highest salary Package: 13.67 Lakh
• Average Salary Package: 7.8 Lakh
• Top recruiters include NSE, NCDEX, ICEX, ICICI Bank, UTI Mutual Fund, ICICI Securities Ltd., Etc.

National Institute of Securities Market scholarships are listed below:

• Merit Scholarship: Students who score 1st rank among all the students in the annual exam are eligible for a 50% of tuition fee waiver.
• Economically Backward Students: Students who belong to economically backward classes and have a meritorious academic record in the institute are eligible for a 50% of tuition fee waiver. Their parents’/ guardian’s annual income must not be more than Rs 4 Lakh
• Local Students: Local Students from Maharashtra who secure admission in long-term educational programs are eligible for a 30% of tuition fee waiver. These students are not eligible for hostel accommodation.
• SC/ ST and Backward Class Students: Students belonging from the reserved categories from SC/ ST and any other backward classes are subject to the eligibility of the 50% tuition fee waiver provided they are selected through the entrance exam in terms of prescribed eligibility criteria for selection.
• Fee Waiver for students based on admission merit criteria: Students with 1st Class and above in graduation level along with CAT/ XAT/ GMAT score of 75 percentile and above and other eligible test scores of 80 percentile and above are eligible for tuition fee waiver up to 50% only in the first year of study.
• Children of employees of SEBI registered entities: Children of employees of SEBI registered intermediaries are also eligible for a 30% fee waiver during the first year.
• Children and Spouse of Staff/ Outsourced Staff: Children and spouses of employees of NISM and SEBI are eligible for a 30% of fee waiver.
• Rank Holders in PGDM: First and second rank holders in the first year for PGDM are eligible for a 50% of fee waiver for the second year of study.