National Institute of Securities Market (NISM), is a public institution established by the Securities and Exchange Board of India (SEBI) in 2006. NISM offers full-time PDGM, PGCSM, LLM programs and part-time PGP (PM, IA, RA) and PGCM programs. Admission to NISM Mumbai courses is done on the basis of various national entrance scores. NISM's academic programs are uniquely poised to create new age securities, market professionals. The Institute's regulatory background and proximity to the industry have enabled practical and career-oriented learning through guest lectures, industry visits, live projects, real-world cases, etc., and also impressive placements. In the year 2021, the institute organizes online placement facilities for its final year students. The highest package is offered at INR 13.67 LPA to PGDM (SM) 2020-22 batch students whereas the average package is offered at INR 7.8 LPA. Check: NISM Mumbai Placement

The Institute carries out a wide range of capacity-building activities - including academic programs, professional certifications (regulatory mandate), regulatory studies, financial literacy, corporate governance and research - all aimed at enhancing the quality standards of securities markets. The Institute's horizons extend beyond India; it catalyzes the development of securities markets in developing countries like Bangladesh, Myanmar, Cambodia, Laos, Vietnam and other IOSCO members through its high-level training collaborations. The Institute's 72-acre campus hosts state-of-the-art academic, residential and recreational facilities and a well-stocked library. The Institute's SMART Finance Lab is one of the most advanced in the country; students of its academic programs get hands-on exposure to end-to-end trading operations in a simulated trading terminal with live (lag of 5 minutes) real-world market feeds. The institute’s six schools of excellent work in synergy towards professionalized securities markets.

NISM Important Dates

Event  Date 
MAH- MBA/MMS-CET 2023 Exam date  March 18-19, 2023 

National Institute of Securities Market Highlights

Institute Type Government
Entrance Exam

National: CAT/ XAT/ MAT/ CMAT/ GMAT/ ATMA/ CLAT

State: MHCET

Courses Offered PGDM (SM), LLM (Investment & Securities Law), PGCM (DSFM)
Application Mode | Fees Online | INR 1000 & INR 500 (for PGCM & PGP – PM, IA, RA)
Top Recruiters NSE, ICICI Bank, HDFC Bank, Canara Bank, Kotak Mahindra Bank, ICICI Securities
Official Website https://www.nism.ac.in/
Admission Helpdesk +91 8268002412

National Institute of Securities Market Courses

NISM creates new-age securities market professionals and equips them with the expertise to meet the enhanced expectations through its uniquely positioned academic programs, certification programs, and training and workshops. Tabulated below are the details for the same:

Course Specialization Eligibility
PGDM (Full-time) Securities Market

Graduation with a minimum of 50% (45% for reserved category candidates) + Obtained a valid test score in CAT/ MAT/ CMAT/ ATMA/ MAT/ GMAT/ MHCET 

LLM (Full-time) - LLB degree or an equivalent examination with a minimum of 50% (45% for reserved category candidates) + selection on the basis of performance in Online Tests and Online Interviews
PGP (Part-time) Portfolio Management, Investment Advisory, Research Analysis Graduation from any discipline
PGCM (Part-time) Data Science in Financial Markets Graduation with a minimum of 50% aggregate marks
PGCSM (Full-time) Securities Market Graduation with a minimum of 55% aggregate marks
Certificate

Commodity Warehousing Management

Graduation

Check: NISM Mumbai Courses and Fees

Step 1: New Registration

Visit the official website of the institute and register yourself with a valid email id and contact number. On successful registration, candidates will receive a user id and password.

Step 2: Application Process

Login to your account and pay the application fee of INR 1,000 and submit your application form.

Selection Criteria

  • Candidates will be selected on the basis of the following exams:
    • Common Admission Test (CAT) - Read more
    • Xavier Aptitude Test (XAT) - Read more
    • Common Management Admission Test (CMAT) - Read more
    • AIMS Test for Management Admissions (ATMA) - Read more
    • Management Aptitude Test (MAT) - Read more
    • Graduate Management Admission Test (GMAT) - Read more
    • Maharashtra Common Entrance Test (MHCET) - Read more
  • Shortlisted candidates are required to appear for a Personal Interview.

Note: The application fee of INR 1,000 will be refunded in case the candidate is not shortlisted for the interview process and selection process.

National Institute of Securities Market Placement

The NISM Campus placement drive of 2021 for Post Graduate Diploma in Management (Securities Markets) – PGDM (SM) (2020-22). The placement process this year was done in online and offline mode with 40 companies participating in it. The students were offered various roles such as Treasury Dealer, Compliance Officer, Surveillance & Investigation Officer, Wealth Manager, Financial Advisor, etc. The placement cell has placed all students who have opted for placement, barring 05 students. Some of the placement highlights of the institute are as follows:

Minimum Salary Package INR 5 LPA
Average Salary Package INR 7.8 LPA
Maximum Salary Package INR 13.67 LPA
Top Recruiters NSE, ICICI Bank, HDFC Bank, Canara Bank, Kotak Mahindra Bank, ICICI Securities, J.P Morgan, Sharekhan, L & T Finance, etc

National Institute of Securities Market Scholarship

It is NISMs' endeavour to make education more affordable for students from all walks of life and ensure that every deserving student gets an opportunity for quality education. Various categories of scholarships have been made available and designed to cater to different students. Following merit-based scholarships and tuition fee waiver schemes are in place:

  • Merit Scholarship: Students who have secured 1st rank at the preceding degree (in an examination where at least 120 students have taken exam in the respective University/ Institute) are eligible for 50% of the tuition fee waiver during the first year. Student shall secure at least 60% of marks along with 90% of attendance in each trimester of first year in order to continue to be eligible for 50% tuition fee waiver for the entire programme.
  • Economically backward students: Economically backward students, with meritorious academic record are eligible for 50% of tuition fee waiver in the first year, whose parent/guardian income is less than INR 4.00 lakh per annum. A student shall secure at least 60% of marks along with 90% attendance in each trimester of first year in order to continue to be eligible for such tuition fee waiver.
  • Students from local area: Students from Raigarh (MH) district securing admission in PGDM-SM program are eligible for 30% of tuition fee waiver in the first year. Student shall secure at least 60% of marks along with 90% of attendance in each trimester of first year in order to continue to be eligible for 50% tuition fee waiver for the entire program.

Check: NISM Mumbai Scholarship

National Institute of Securities Market Faculty

NSIM Mumbai has a large and diverse faculty of highly qualified and experienced faculty members. The faculty is known for its leadership in education. The members of the faculty are distinguished scholars, who constantly do research in their respective fields. The institute has a team of 28 highly qualified faculty members, the majority of them have long teaching experience and are associated with the institution for many years.

Check: NISM Mumbai Faculty

National Institute of Securities Market FAQs

Ques. How are the accommodation facilities of NISM?

Ans. The institute offers special accommodation facilities to the candidates who are appearing for NISM Certification Examinations, such candidates may inform NISM regarding the same. Candidates are required to send the form to NISM at least 30 days in advance. Approval for Special Accommodation will be provided to the requesting candidate/s by NISM after assessing its need at its sole discretion.

Check: NISM Mumbai Hostel Fees

Ques. What is the entrance exam for LLM at NISM?

Ans. All candidates, including those applying under the Industry or industry-sponsored candidates, should appear for the All India Entrance Test conducted in the form of an online interview and selection shall be made solely on that basis. The Foreign National/ OCI/PIO/NRI Candidates are also selected on the basis of an online interview.

Ques. What is Certificate Program in Commodity Warehousing Management (CPWM) offered by NISM?

Ans. The Certificate Program in Commodity Warehousing Management is a first of its kind integrated Program fulfilling the needs of trained and specialized resources that would handle the functional complexities which exist in the modern warehousing industry. It is a unique program that would train the professionals in handling all functions related to warehousing, right from good practices in inward of the commodity to the outward of the same such as Storage, Price Stabilization, Minimization of Risk, Financing, Grading and Packing etc.

Ques. What are the Academic Eligibility Criteria for the CPWM at NISM?

Ans. Graduate in any discipline from a recognized University under 10+2+3 stream. Provisional admission will be granted to those in the final year of graduation and subject to confirmation of this criterion.

Desirable: Experience in the area of warehousing industry/ Logistics / Farmers Producer Organizations (F.P.O) / Clearing Corporation of Exchanges or H.S.C or Equivalent with one year of experience in the area of warehousing industry/ Logistics/ Farmers Producer Organizations (F.P.O)/ Clearing corporation of Exchanges.

Ques. Who should take admission in CPWM?

Ans. Being a full-time residential course, this program is suitable for fresh AgricultureGraduates, Science Graduates and other Graduates. This program is also useful for individuals with an entrepreneurial bent of mind, who would like to start on their own providing commodity warehousing services. This program is also useful for those professionals who have at least one year of experience in the warehousing industry/vaults/cold storage. This program is also useful for the professional with at least one year of experience in the Logistics industry or has a minimum of one year of experience in the clearing corporations of the exchanges providing commodity derivatives trading and settlement. Professionals working as managers in Farmer Producers Organizations also providing warehousing facilities would find it useful in connecting the warehoused commodities and the stakeholders to the financial sector.

Ques. What is the fees Structure for CPWM at NISM?

Ans. The Consolidated program fee for Certificate Program in Commodity Warehousing Management (CPWM) shall be INR 1,21,965. To confirm the admission after receiving the offer letter candidates should deposit a token sum of Rs. 50,000 to book their seat. Further details of fees will be given in the Brochure of the program.

Ques. What is the total number of seats in the Program at NISM?

Ans. There are 30 seats in this Program.

Ques. Is distance learning available for CPWM at NISM?

Ans. No, CPWM is a 6-month Full-Time Residential Course, hosted at NISM’s campus in Patalganga Industrial Area Village, Mohopada (Wasambe), Rasayani, Maharashtra.