Eligibility Criteria

Minimum qualification

A bachelor's degree from a recognized Indian university or equivalent with a minimum of 50% in aggregate.

Age: There is no age limit for the programme, but it is desirable that the candidate is below 30 years of age.

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Online Test

Candidates are required to appear for an online test. The duration of the test would be 120 minutes and the maximum marks are 100. The online test would attempt to assess the following attributes of a candidate

• Quantitative Aptitude - 40%
• Analytical and Reasoning Skills - 25%
• Language Proficiency - 25%
• General Knowledge of Financial Markets - 10%

An applicant is required to register for the online test at a test centre in select cities and towns as would be indicated on the NISM website. The test will be conducted on April 21 (Saturday), 2012.

Cities and Towns where the test is likely to be conducted:

The online tests would be carried out in the following cities/towns: Ahmedabad, Bengaluru, Bhubaneswar, Chennai, Goa, Secunderabad, Indore, Jaipur, Kolkata, Kochi, Lucknow, Mumbai, New Delhi, Patna, Ranchi, Faridabad, Chandigarh, Surat, Gurgaon, and Pune.

If the registrations at any centre exceeds the capacity or falls well below the capacity of the test centre, NISM reserves the right to shift the candidates to another test centre and the same would be intimated to the respective candidates by NISM.

Personal Interview

Candidates will be shortlisted on the basis of marks obtained in (1) Profile and (2) Performance in the Online Test for a personal interview. The shortlisted candidates will be intimated through email and/or letters. Personal interviews are likely to be held at Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai and New Delhi during May 5 - 13, 2012. NISM will intimate the exact date, time and venue for the personal interview to the shortlisted candidates.

Announcement of Selected Candidates

The first list of selected candidates will be displayed on the Institute’s website on May 18, 2012. Selected candidates would be required to pay the first installment of fees (see table of fees) on or before June 08, 2012. Provisional admission offered to selected candidates who do not pay the commitment fee on or before the stipulated date would automatically stand cancelled.

The second list of selected candidates will be announced on the Institute’s website on June 08, 2012 subject to availability of seats. Selected candidates in the second list would be required to pay their tuition fees and complete all formalities before June 20, 2012.  If a candidate does not complete the formalities within the date specified, the admission would automatically stand cancelled.

Fees

The total fee is Rs.2,50,000/- (Rupees Two Lakhs Fifty Thousand only) for the entire year. The fee is non-refundable. Students who fail to pay the fee on time could face a penalty or could be barred from attending classes.

Particulars	Fee Amount (Rs.)
Tuition Fee	2,30,000
Examination Fee	10,000
Library Fee	10,000
Total	2,50,000

Refundable Deposit

In addition, the admitted students are required to pay refundable deposits, subject to terms and conditions as detailed below.

Particulars	Amount (Rs.)
Library Deposit	10,000
Hostel Room Deposit *	10,000

* Applicable for students availing of hostel facility. All hostel rooms are non-A/C. # Deposits are refundable subject to adjustment of any dues from the students.

Non-Refundable Charges

Particulars	Fee Amount (Rs.)
Alumni Association Fund (Annual)	2,000
Double Occupancy Charges per Month*	3,000
Boarding Charges per Month*	To be paid at actual
Lunch & Tea Charges per Month **	To be paid at actual

The students are also required to pay the following charges which are non-refundable.

*Applicable for students availing of hostel facility. These are paid separately and directly to the care-taker in cash every month.

** Applicable to day-scholars only.