NATIONAL STOCK EXCH ANGE OF INDIA LIMITED

DEPARTMENT : SBU-Education Date : June, 2013 NCFM Test Details

Sr. No.

Name of Module

Fees (Rs.)

Test Duration (in minutes)

No. of Questions

Maximum Marks

Pass Marks (%)

Certificate Validity (in yrs)

FOUNDATION
1 2 3 4 5 6 7 8 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Financial Markets: A Beginners Module * Mutual Funds : A Beginners' Module Currency Derivatives: A Beginners Module Equity Derivatives: A Beginners Module Interest Rate Derivatives: A Beginners Module Commercial Banking in India: A Beginners Module FIMMDA-NSE Debt Market (Basic) Module Securities Market (Basic) Module 1686 1686 1686 1686 1686 1686 1686 1686 1686 1686 1686 1686 1686 1686 1686 1686 1686 2022 1686 1686 1686 1686 2528 2528 1686 1686 1686 1686 1686 1123 1686 120 120 120 120 120 120 120 120 105 120 120 120 120 120 120 120 75 120 120 90 120 120 120 120 120 120 120 120 120 120 120 60 60 60 60 60 60 60 60 60 60 60 60 60 60 60 60 60 60 50 100 60 60 90 90 60 60 60 60 60 45 60 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 50 50 50 50 50 50 60 60 50 60 60 60 60 60 60 60 60 # 50 60 60 60 60 60 60 60 60 60 60 60 50 50 5 5 5 5 5 NA NA 5 5 5 5 5 5 5 5 5 3 5 5 5 5 5 5 5 3 5 5 5 5

INTERMEDIATE
Capital Market (Dealers) Module * Derivatives Market (Dealers) Module * [Please refer to footnote no. (i) ] Investment Analysis and Portfolio Management Module Fundamental Analysis Module Options Trading Strategies Module Banking Sector Module Insurance Module Macroeconomics for Financial Markets Module NSDLDepository Operations Module Commodities Market Module Surveillance in Stock Exchanges Module Corporate Governance Module Compliance Officers (Brokers) Module Compliance Officers (Corporates) Module Information Security Auditors Module (Part-1) Information Security Auditors Module (Part-2) 16 17 18 19 20 21 22 Technical Analysis Module Mergers and Acquisitions Module Back Office Operations Module Wealth Management Module Project Finance Module Financial Services Foundation Module ### NSE Certified Quality Analyst $

15

Sr. No.

Name of Module

Fees (Rs.)

Test Duration (in minutes)

No. of Questions

Maximum Marks

Pass Marks (%)

Certificate Validity (in yrs)

ADVANCED
1 2 3 4 5 6 7 8 9 10 Financial Markets (Advanced) Module Securities Markets (Advanced) Module Mutual Funds (Advanced) Module Options Trading (Advanced) Module FPSB India Exam 1 to 4** Examination 5/Advanced Financial Planning ** Equity Research Module ## Issue Management Module ## Market Risk Module ## Financial Modeling Module ### 1686 1686 1686 1686 2247 per exam 5618 1686 1686 1686 1123 120 120 120 120 120 240 120 120 120 120 60 60 60 35 75 30 49 80 40 30 100 100 100 100 140 100 60 100 65 100 60 60 60 60 60 50 60 55 60 50 5 5 5 5 NA NA 2 2 2 NA

NISM MODULES
1 NISM-Series-I: Currency Derivatives Certification Examination * NISM-Series-II-A: Registrars to an Issue and Share Transfer Agents Corporate Certification Examination NISM-Series-II-B: Registrars to an Issue and Share Transfer Agents Mutual Fund Certification Examination NISM-Series-III-A: Securities Intermediaries Compliance (Non-Fund) Certification Examination NISM-Series-IV: Interest Rate Derivatives Certification Examination NISM-Series-V-A: Mutual Fund Distributors Certification Examination * NISM Series-V-B: Mutual Fund Foundation Certification Examination NISM-Series-V-C: Mutual Fund Distributors (Level 2) Certification Examination NISM-Series-VI: Depository Operations Certification Examination NISM Series VII: Securities Operations and Risk Management Certification Examination NISM-Series-VIII: Equity Derivatives Certification Examination NISM-Series-IX: Merchant Banking Certification Examination NISM-Series-X-A: Investment Adviser (Level 1) Certification Examination NISM-Series-XI: Equity Sales Certification Examination NISM-Series-XII: Securities Markets Foundation Certification Examination Certified Personal Financial Advisor (CPFA) Examination 1250 120 100 100 60 3

1250

120

100

100

50

1250

120

100

100

50

4 5 6 7

1250 1250 1250 1000

120 120 120 120

100 100 100 50

100 100 100 50

60 60 50 50

3 3 3 3

8 9

1405 1250

120 120

68 100

100 100

60 60

3 3

10 11 12 13 14 15 16

1250 1250 1405 1405 1405 1405 4495

120 120 120 120 120 120 120

100 100 100 100 100 100 80

100 100 100 100 100 100 100

50 60 60 60 50 60 60

3 3 3 3 3 3 3

* Candidates have the option to take the tests in English, Gujarati or Hindi languages. # Candidates securing 80% or more marks in NSDL-Depository Operations Module ONLY will be certified as Trainers. ** Following are the modules of Financial Planning Standards Board India (Certified Financial Planner Certification) FPSB India Exam 1 to 4 i.e. (i) Risk Analysis & Insurance Planning (ii) Retirement Planning & Employee Benefits (iii) Investment Planning and (iv) Tax Planning & Estate Planning Examination 5/Advanced Financial Planning

## Modules of Finitiatives Learning India Pvt. Ltd. (FLIP) ### Module of IMS Proschool $ Module of SSA Business Solutions (P) Ltd. The curriculum for each of the modules (except Modules of Financial Planning Standards Board India, Finitiatives Learning India Pvt. Ltd. and IMS Proschool) is available on our website: www.nseindia.com > Education > Certifications. Note: (i) NISM has specified the NISM-Series-VIII-Equity Derivatives Certification Examination as the requisite standard 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 recognized stock exchange.