Gurugram, as a new financial services destination in India, has a booming financial sector. A casual walk in the morning in Cyber City or DLF Phase III will show you people entering into asset management companies, broking firms, wealth advisory firms, and fintech companies. The greater the number of finance companies, the greater is the demand for NISM certification in Gurugram.
If you happen to be in Gurugram or are planning to work in the city and are curious to learn about the details regarding NISM certification courses, and how to gain this certificate, you have found the right article.
NISM pertains to the National Institute of Securities Markets, which is an organization created by SEBI i.e., Securities and Exchange Board of India to maintain the regulation of knowledge-sharing of securities industry. In fact, obtaining NISM certification would not only be a highlight of your resume but also a legal requirement in the industry for specific positions mandated by SEBI.
To be more exact, if you are looking for a job in an industry position like a mutual fund distributor, investment adviser, research analyst, or other SEBI regulated jobs, you will first have to take the related NISM examination in order to qualify for practicing work. Employers are always searching for people who already possess NISM certification, especially in a place like Gurugram, where well-known AMCs, broking firms, NBFCs, and wealth management companies are located.
Based on your specific individual career goals, you need courses and certifications related to NISM. Some of the sought-after certifications by candidates in Gurugram include:
An ideal NISM course in Gurugram must provide a structured approach to courses across all of these certifications instead of offering a one-size-fits-all solution as each certification tests a distinct set of skills.
Another pertinent question asked by most people is: “Why can’t I simply do self-study with the help of NISM’s official books?” Yes, you certainly can. However, in reality, it makes a difference when one prepares under guidance because:
Not all coaching centers offer an equivalent level of training. It pays to check the following points before joining:
This is where Athworth Academy comes into play. Unlike other organizations that follow a one-size-fits-all approach, the local academy has a thorough understanding of Gurugram hiring processes in finance, thus adjusting training program accordingly.
Enrolling in an NISM certification course does not only benefit individuals already working in finance. The course can help:
Given Gurugram’s high concentration of financial services companies, local hiring managers prefer recruiting employees with NISM certification as it accelerates the onboarding process and reduces the risk.
The time taken can vary, depending on the module and your knowledge of the area of study. On average, this is how long it takes:
A good NISM certification course in Gurugram would set the schedules in accordance with the above.
The NISM certification examinations take place in a specifically designated test centers in the form of computer based tests, which include test centers in Gurugram and the wider NCR region of Delhi. Mostly, the exams will have multiple choice questions where the passing percent will also be consistent with the specific module. When you pass the exam, your certification remains valid for about three years after which you need to renew the certification with either a re-examination or CPE credits.
Even though online education has eliminated the geographical distance factor, the following are some of the reasons for choosing to enroll in a Gurugram-based institute:
If your career aspirations include working in India’s financial markets, getting NISM certification is essential to get your foot in the door, in many roles. Considering the fact that Gurugram has become a hub of financial services, undertaking your NISM certification in Gurugram from a training institute operating in the area would prove to make you more effective in being prepared for the examination, as proximity to the companies you aim to work for will provide you with a lot of opportunities.
Whether you are a fresh graduate trying to enter the capital markets or working professionals looking for a specific certification in order to boost your career, investing a few weeks into NISM preparation classes would allow you to seize future opportunities that may be inaccessible for unqualified candidates.
Whether you are referring to independent certification exams or full-time academic courses will determine how much a National Institute of Securities Markets (NISM) accreditation will cost.
The best NISM certification exams vary based on one’s career objectives, but the most highly rated and mandatory modules for financial positions are Series V-A (Mutual Fund Distributors), Series XV (Research Analyst), and Series VIII (Equity Derivatives).
Although NISM tests are typically regarded as moderately difficult, the real level of difficulty greatly varies depending on the particular module you select and your financial situation.
Yes, one can give some NISM tests from the comfort of their home using an online process of remote proctoring, but it is entirely based on the choice of the test series.
How many attempts for the NISM exam?
No National Institute of Securities Markets (NISM) certification test has a maximum number of attempts permitted.
