NISM, also referred to as the National Institute of Securities Markets, is understood for improving the extent of education that professionals in finance receive.Professionals who pass National Institute of Securities Markets exams are certified to perform finance-related tasks, and without NISM certification, it’s quite possible that you simply are going for employment in the finance and securities industries and find difficult to get into.
Do you know Why? Because National Institute of Securities Markets designed their tests to line the quality for the very minimum that every finance professional should know so as to be ready to add the sector . There is a really distinct need for consumers, officialdom , and other professionals to be ready to tell who actually is legitimately educated within the world of securities.There are cases where thieves posed as investment professionals, made off with others’ money, and were unable to be found.
By creating NISM certifications, consumers are protected against fraud. Moreover, these exams also help set a national standard in terms of the education level that folks can expect from the finance professionals that are handling their money.
Without these exams, there really is not any national benchmark for professional knowledge in securities. this suggests that folks who want to figure with professionals that really are knowledgeable would have little means to differentiate the qualified professionals from those that might just be trying to form a fast buck.
Employers and investors are easier hiring people that have passed NISM exams, just because it shows that they know what they’re talking about which they’re actually serious about their careers. Unlike many other certifications that you simply could get, NISM exams have the distinct difference of being backed by government sponsorship. it’s one among the few organizations that were actually put forth at the advice of the minister of finance , and it also has the additional advantage of being established for several years.
Pass NISM exams soon, if it is not already, getting to become a legal prerequisite for people that want to figure within the finance field.
Another reason why NISM exams are so important is because they’re the primary certification exams to specialise in securities in an objective manner. If you’re concerned about passing your NISM exams, don’t be.
NISM has developed easy to read study guides, courses, and help kits for those that want to urge certified through one among their many tests. Since NISM exams are designed to be a series of cut-and-dry, easy to attain standardized tests, you do not need to worry about subjective scoring.
Make no mistake about it; passing your NISM exams is a crucial step to becoming a well-rounded professional. Having a NISM certification shows consumers that you simply know what you’re talking about, which you’ll handle their financial needs during a professional manner.
NISM has commenced an effort to deliver securities and financial education across various segments and at different levels abroad and in India.Six distinct schools have been established by NISM with the hope of implementing its objectives of catering for educational needs of various constituencies such as future professionals of securities, academia, policy makers, regulatory staff, intermediaries, issuers and investor.
With a view to ensure knowledge levels of securities’ industry participants are enhanced, various publications on securities markets have been brought out by NISM.
The same organization has been given the mandate to implement and develop certification exams for professionals who are employed in various sections of the Indian securities markets. These examinations will vary and certifications will be given to candidates who have successfully completed and passed an examination. There are total 14 exam, with some segments having more than one exam.To have an understanding about these exams, it would be prudent to have some information on a few of them.
The first examination is referred to as NISM series I – currency derivatives certification examination.It is designed to create a common minimum knowledge benchmark for people who are working in the currency derivatives market section. It will also allow for a better understanding of risk controls, operational process and better quality investor service.
NISM series V A – Examination for mutual fund distributors is another type of examination provided. It has been designed with the intent of creating a common minimum knowledge benchmark for any individual involved in distributing and selling mutual funds. They include employees of asset management companies especially people who are engaged in distribution and sales of mutual funds, employees of organizations engaged in distribution and sales of mutual funds and individual mutual fund distributors. The certification aims to improve the quality of distribution, sales and any other related support services found in the mutual fund industry.