About NISM Certificate Courses
The economy of any country depends on the smooth running and functioning of their financial markets. It will be hard for any economy to develop without the support of its financial markets.
Thus, the role of capital markets and stock exchanges of any country is very important for the development of their economy.
The National Institute of Securities Markets (NISM) was set up by the Stock Exchange Board of India(SEBI) in 2006 to provide education about the securities market in India. SEBI is the regulator of the securities market in India.
Now you must be wondering, what will be the benefits which you will get if you get an NISM certificate and how can you prepare for it?
There are various NISM Certification Preparatory Courses available online.
They will give you the proper understanding and resources required for passing the exam.
In this article, we will be stating 10 benefits of getting an NISM certificate.
Here are the 10 benefits of NISM certificate.
1. Nationwide acceptance:
This certification is accepted by all the intermediaries like the brokers, banks, investment banks, asset management companies, and all other stock market-related institutions nationwide.
The main reason behind the nationwide acceptance of NISM certification is that it is backed up by the stock market regulator, SEBI.
2. It adds good value to your resume:
If you mainly want to pursue a career in the capital market, then this certificate will add value to your resume.
The job qualification requirements for the capital market job of any asset management company or brokerage house includes the requirement of NISM certification.
It also gives assurance to the companies that the candidate possesses the knowledge of the stock market.
3. Provides study material for the examination
The stock market is a huge subject and contains a lot of topics. Studying for this certificate will help you in getting a detailed knowledge of this subject.
When you register for a particular examination, NISM will provide you with workbooks that will contain all the information related to securities markets such as rules and regulations, detailed topic wise chapters with proper illustrations and examples.
Along with adding value to the resume, the NISM certificate also gives a thorough knowledge of the securities market.
4. Provides practice through NISM mock tests
When preparing for the NISM certification, you can practice the NISM mock test which is provided by NISM itself.
These mock tests are of great help as they have similar kind of questions which come in the actual certification examination.
If you practice these tests thoroughly then you will unlikely face any difficulty during the examination.
5. Helps in getting a job
Apart from the industry professionals, NISM certification also increases employment opportunities for the students of other fields like economics, marketing, management, and finance.
This certification helps in increasing their knowledge domain and also helps them in investing in the securities market.
6. Helps in meeting regulatory requirements
This NISM certification has been made mandatory by the SEBI for working in any capital market institutions.
Therefore, if you want to work in any of the capital market institutions then you have to pass this certification.
For example, if you want to work as a Mutual Fund Distributor in any asset management company then you must have the certificate of NISM Series V A: Mutual Fund Distributors Certification Examination.
Similarly, if you want to become a Research Analyst then you must have the certificate of NISM Series-XV: Research Analyst Certification Examination.
7. Requires less fees
The examination fees for NISM certification is also very low. The examination fee is mainly between the range of 1500 – 3000 depending upon the subject.
8. Provides correct information:
The information contained in the NISM workbook is the most reliable, authentic and correct information.
NISM workbooks act as the dictionary for students who have any query on any topic related to the capital market.
9. Can be studied from anywhere
The NISM workbooks and mock tests can be easily downloadable and then can be accessed without using the internet.
Thus you can study and practice the mock tests from anywhere without worrying about internet access.
10. Helps in spreading financial literacy
Educational institutions and colleges can also partner with NISM for providing financial literacy to the Indian students.
This way it will help in spreading financial literacy to traders and investors who trade or invest in the stock market without any knowledge.
These kinds of traders consider trading in the stock market as a game of gamble and eventually lose a big amount of their hard-earned money.
By acquiring knowledge about the capital market one can reduce their losses which they incur in trading.
NISM certification is required for anyone who wants to get a job in the capital market industry. Not only for job purposes, but NISM certifications also help us build a domain knowledge on the subject of the securities market.
To know more about these courses, click the link below.
