What is NISM and why it is important
The NISM stands for the National Institute of Securities Markets. It is an educational institution in India that seeks to promote the quality of the securities markets through capacity-building activities.
Why Should We Do It?
Knowledge Enhancement: NISM certifications entail the knowledge that a professional in the Indian securities market must possess, especially those seeking employment opportunities in the finance sector.
Career Opportunities: With NISM associated with many prominent non-profit organizations, opportunities in the certification programs and courses provide scopes related to many professions – stockbroking, investment advisory, risk management and so on.
Regulatory Requirement: Such institutions charge these certifications because of the governing Authorities i.e., the Securities and Exchange Board of India(SEBI).
Professional Credibility: Enhance your professional credibility by gaining NISM certifications which are approved widely throughout the industry.
Continuous Learning: The financial markets are dynamic; NISM assists its competent professionals in broadening its area of practice through compliance with time amendments.
Important Points About NISM
Established by SEBI: The inception of NISM emanated from an establishment by the Securities and Exchange Boards of India in 2006 whose purpose was to entail professionalism and uniformity in the Indian securities scenario.
Wide Range of Certifications: NISM covers specialized areas such as mutual funds, investments investment advisory and management and securities operations.
Accessibility: As there are no minimum educational qualifications or age restrictions offered to takers of NISM exams a wide range of people can use the courses.
Affordability: As far as the approximate fees of these NISM courses are considered, they are not very high ranging from an average cost of ₹1500 to ₹3,000.
Validity of Certification: For the most part NISM holds exams every 3 years whereby a candidate must retake the examination to keep the certification status active.
Diverse Audience: Many people are being served by NISM including students, employed people and young hands looking for career opportunities in Finance.
Focus on Practical Knowledge: The course was designed in a way that one will learn skills that can be useful in the practical world of finance.
To conclude, holding NISM certifications assists anyone interested in the industry as it offers the requisite skills, job prospects and status in the profession.
