A Guide to NISM certification

Posted on 05 Jun 2021

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Most of the students of Commerce nowadays are interested in pursuing a career in finance. Even Nevertheless, a large number of engineering graduates are transitioning to the financial services industry.

The finance industry in India and around the world is currently expanding at a rapid rate. As a result, professional courses and degrees such as CFA, MBA (Finance), CFP, FRM, etc., continue to draw numerous students regularly.

Is there, however, any other course that can create a self-employment opportunity for you in the financial sector, aside from these listed courses? Do you have any idea about any comparatively easier to complete, less expensive courses and provide you with the necessary credentials to pursue a job in finance?

NISM certification” is the answer to both inquiries.

Let’s know a little bit more about it in the following segments. 

What is the procedure for registering for a NISM certification exam?

To register for any of NISM's courses, you must first create an account on the organization's website. Make sure you have a digital copy of your photo, Aadhar card, and PAN card with you when you create your account.

After you've finished creating your account, pick any module you desire. To apply for any module examination, you must first choose the exam day, time, and location. It will then direct you to the gateway for payment. 

You will receive the workbook’s soft copy (NISM Study Material), and the admit card (hall ticket) in your account once you have paid the requisite exam fees. On the day of your exam, carry the physical printout of your hall ticket and bring it with you to the exam center.

What is the NISM exam's difficulty level? 

The NISM tests range in difficulty from average to moderately challenging. Some exams may have more difficult content and testing methods than others. Compared to the previous courses, the exams for NISM Investment Advisor (Level 1 and 2) have greater practical content. Examinations such as the NISM (Series VI) Depository Operations Certification Examination, on the other hand, have a significant amount of theory in their syllabus.

You must achieve a minimum score of 60% on most module exams to clear the module. Furthermore, these exams have a negative marking policy of 25% for each question. 

Taking NISM Mock Tests regularly can help you to a great extent in this case.

Only a few exams, such as the NISM (Series V A) or Mutual Funds Distributors Certification Examination, have a minimum passing score requirement of 50% and no negative marking.

The exams of NISM certification exams place a greater emphasis on practical understanding than on memorizing theories. The nicest thing about these credentials is that the training modules are updated yearly.

Final Thoughts:

For fresher’s looking to pursue a career in finance, the NISM exams are undoubtedly among the best in the field. These certification examinations will provide you with a good start in your profession. They're powerful enough to boost your CV and make it stand out from the crowd.