National Institute of Securities Markets Raigad Answered Questions

To get admission to NISM-Series-XIII: Common Derivatives Certification Examination at National Institute of Securities Markets, follow these steps:
1. Check the examination details: The exam has a duration of 2 hours, fees of ₹5,900, 100 maximum marks, 90 questions, pass mark of 60%, and negative marking of 25%.
2. Ensure eligibility: Check the eligibility criteria for the examination, which may include age, education, and work experience requirements.
3. Register online: Visit the NISM website and register for the examination by providing required details and paying the fees.
4. Prepare for the exam: Study the relevant material and prepare for the exam to increase chances of passing.
5. Take the exam: Appear for the exam on the scheduled date and time.
6. Obtain certification: After passing the exam, you will receive a certificate, which is valid for 3 years.

To apply for NISM-Series-XIII: Common Derivatives Certification Examination at National Institute of Securities Markets, you will need the following docs:
1. PAN Card
2. Aadhar Card
3. Qualification Certificate
4. Caste Certificate (if applicable)
5. Disability Certificate (if applicable)
6. Passport size photograph
7. Signature
8. Payment Receipt (of examination fees)

NISM-Series-XIII: Common Derivatives Certification Examination covers the following topics:
1. Introduction to Derivatives
2. Types of Derivatives
3. Forwards and Futures
4. Options
5. Swaps
6. Derivatives Markets
7. Trading Strategies
8. Risk Management
9. Regulatory Framework
10. Accounting and Taxation of Derivatives
11. Derivatives Pricing
12. Hedging Strategies
13. Investment Strategies using Derivatives
14. Risk Management using Derivatives
15. Derivatives and Financial Markets.

PGDM (SM) graduates can work in various roles such as:
Segments: Equity Markets, Debt Markets, Currency and Currency Derivative Markets, Commodity Derivative Markets
Market Infrastructure Institutions: Business Development, Operations, Compliance, Risk Management, etc.
Research and Analytics: Credit Research & Ratings, Economic Research, Policy Research, Analytics and Computing in Risk Management & Derivatives
Banking: Commercial banking, Treasury Operations, Treasury Management, etc.
Advisory: Investment Advisor, Personal Financial Planner, Wealth Manager
Mutual Funds: Business Development, Distribution, Operations, Compliance, Risk Management, etc.

The eligibility criteria to seek direct admission for the PGDM in Securities Markets at National Institute of Securities Markets is as follows:
- Applicant must possess a strong and consistent academic background.
- Performance in 10th grade, 12th grade, and every year of graduation are considered in the selection process.
- Passed Bachelor's Degree of minimum 3 years' duration and obtained at least 50% marks (45% in case of candidates belonging to reserved category) in any stream.
- Applicants in the last year of their bachelor's degree programme and awaiting their final results can also apply. However, their admission will be considered as provisional and is subject to fulfilling the above-mentioned eligibility criteria within the specified timeframe.

NISM's PGDM in Securities Markets is a 2-year AICTE-approved programme that equips students with in-depth knowledge of the securities markets, covering key areas such as Economics, Corporate Finance, Portfolio Management, Equity Valuation, Derivatives, Mutual Funds, Wealth Management, and more. The programme offers a strong foundation for various career paths in the corporate/financial/securities markets, including segments like Equity Markets, Debt Markets, Currency and Currency Derivative Markets, Commodity Derivative Markets, and roles in Market Infrastructure Institutions, Research and Analytics, Banking, Advisory, and Mutual Funds.

For reserved category students, the admission criteria for NISM-Series-XIII: Common Derivatives Certification Examination at National Institute of Securities Markets is the same as for the general category.
There is no specific information available regarding admission criteria for reserved category students. However, any person holding a certificate of NISM Series XIII: Common Derivatives Certification Examination, where the validity of such certificate has not expired, may attend NISM Series XIII: Common Derivatives CPE Program on submission of required docs.
Additionally, any person who is actively engaged in the management of an intermediary's securities business, including supervision, solicitation, conduct of business, and is a Proprietor / Sole Proprietor / Partner / Managing Partner / Chairman / Director / Executive Director / Whole-Time Director / Chief Executive Officer, may also attend the program.
It is also mentioned that any associated person, other than Principal, who has completed the age of 50 years as on May 13, 2009, may attend NISM Series XIII: Common Derivatives CPE Program under the 'Grandfather by Age' Category, on submission of the required docs.
Required docs for NISM Series XIII: Common Derivatives CPE include certificates, proof of age, and other docs that need to be verified at the CPE venue for attending the Common Derivatives CPE Program.
Note: Candidates can attend the CPE Program not before twelve months prior to expiry of the said Certificate. Passing Certificate will be issued only to those candidates who have furnished/updated their Income Tax Permanent Account Number (PAN) in their registration details.

To get admission to NISM-Series-VIII: Equity Derivatives Certification Examination at National Institute of Securities Markets, 1. The candidate should know the basics of the Indian equity derivatives market.2. Understand the various trading strategies that can be built using futures and options on both stocks and stock indices.3. Understand the clearing, settlement and risk management as well as the operational mechanism related to equity derivatives markets.4. Know the regulatory environment in which the equity derivatives markets operate in India.5. The NISM-Series-VIII: ED Examination will be a 100 marks examination to be completed in 2 hours.6. It will have 100 questions of 1 mark each.7. There will be negative marking of 25% of the marks assigned to each question.

The NISM-Series-VIII: Equity Derivatives Certification Examination is chosen for its comprehensive coverage of the Indian equity derivatives market, including trading strategies, clearing, settlement, and risk management. It provides a common minimum knowledge benchmark for associated persons functioning as approved users and sales personnel of the trading member of an equity derivatives exchange or equity derivative segment of a recognised stock exchange. The examination covers topics such as basics of derivatives, understanding index, introduction to forwards, introduction to options, option trading strategies, introduction to trading systems, clearing, settlement, and risk management, legal and regulatory environment, accounting and taxation, and sales practices and investors protection services.