Programme Design and Content

Divided into four terms, the programme is a balanced blend of theory and practice. These four terms lay emphasis on the following:


  • Conceptual Phase
  • Application Phase
  • Advanced Application Phase
  • Industry Interaction Phase


(NISM reserves the right to add, modify, merge or delete any of the above mentioned courses/topics to bring the curriculum in line with contemporary requirements.)


In addition to the above, students gain exposure through several workshops on contemporary topics such as IFRS, XBRL, Simulated Trading, Market Microstructure, Behavioural Finance etc.


During Terms I to III, students are expected to study a total of 18 courses of 1 full credit each. Each credit would mean approximately 30 hours of classroom inputs.


In Term IV, students are required to undertake an internship project with an organization where they are placed as executives/interns in the securities industry. The Project Dissertation which carries 2 credits is to be submitted before the concluding day of Term IV. Students are free to join their Dissertation which carries 2 credits is to be submitted before the concluding day of Term IV. Students are free to join their respective organizations on or after April 16 each year.


The high-level benchmarking of the PG curriculum has resulted in the success of 11 (out of 17) students at the CFA Level I examinations held in December 2011. The curriculum inputs are tuned to ready geared students for further success in the June 2012 CFA examinations (Levels I and II). Besides, one of our PGPSM students has scored above 75% (the global benchmark) at the Bloomberg Assessment Test (BAT) in December 2011.