Course Content

The course is designed to impart basic knowledge of three different but interrelated domains, Banking, Securities Markets, and Insurance. Key modules include:

Banking
• Introduction to Banking Products & Functions
• Marketing of Banking Products & Services
• Accounting Principles & Financial Management
• International Banking, Risk & Treasury Management

Securities Markets
• Introduction to Indian Securities Markets
• Different Products in Indian Securities Markets
• Securities Operations & Risk Management
• Fundamentals of Financial Planning

Insurance
• Fundamentals of Insurance
• Types of Insurance Products
• Legal Framework & Liability
• Claims and Reinsurance

For details, download the course prospectus

Learning Hours and Access Period

This course is divided in to 3 semesters of 2 months each. It has approximately 187 hours of learning content including videos, pdf content, module quizzes and assessments. To complete the course, you will be given access to the course content for 9 months from the date of your registration. If you are not able to complete the course within the access period of 9 months, you can re-register for the course and start from the beginning.

Examination, Re-examination, and Certificate

Once you have completed the course modules, with a minimum gap of 30 days between course registration and examination, you are eligible to register for an online-proctored examination. These examinations are conducted on quarterly basis (March, June, September, and December). The duration of the examination is 2 hours comprising of 100 MCQs (40 MCQs from Banking, 30 MCQs each from Securities Markets & Insurance) with MCQs based questions and no negative marking. A minimum of 50% in each section (Banking, Securities Markets, and Insurance) and 60% in aggregate is required to pass the examination. If you fail in the examination in your first attempt, you can re-attempt by paying the re-examination fee of Rs. 1500 plus applicable taxes. No more attempts to pass the examination will be given after the second attempt. After successfully passing the examination, you will be able to download the course Certificate.

Image of a sample certificate

Course Fee

For Individual Candidates: The consolidated course fee for the course is Rs.10,150 + GST. The course fee may be paid in two installments. First installment (60% of the total fee) will be paid at the time of course registration, which will give the candidate access to first 2 semesters. Second installment (rest 40% of the total fee) will be paid on completion of the first 2 semesters, which will give the candidate access to 3rd semester, and the first attempt of the exam. Re-examination fee of Rs.1500 + GST to be paid in full whenever applicable. In case any individual cancels or discontinues the program after registration, no refund of any amount will be given.

For Corporate Candidates: Entities having a minimum of 10 or more candidates can avail a discount on the course fee through the bulk registration facility.
For bulk registration, the entity is required to provide the following information to NISM:
1.Details of SPOC (Single Point of Contact)
2.Number of candidates to be registered
3.Company details
4.Banking details
5.Copy of PAN, GSTIN, and cancelled cheque.

Accordingly, NISM will raise a proforma invoice for payment. After the payment is received, NISM will share an excel format in which the candidate details are to be provided. NISM will register these candidates from back-end and login credentials will be shared with the candidates on their email. After this, the candidates can login to NISM’s LMS and start the course.

For more information, please write to elearning@nism.ac.in

FAQs

1.How to register for the course?
To register for the course, click on the register button on the top right corner, next to FAQs.

2.How to pay the course fee?
During the registration, you will be prompted to pay online using Net Banking, Debit or Credit Cards, UPI, and Wallets.

3.What is the duration of the course?
The course has approximately 187 learning hours of content.

4.What is the access period for the course?
You will get access to the course content for 9 months from the date of your registration.

5.What if I am unable to complete the course within 9 months?
If you are not able to complete the course within the access period of 9 months, you can re-register for the course and start from the beginning.

6.Can I access the content in my mobile?
Yes, the course can be accessed through the mobile devices.

7.Can I download the content?
No, it cannot be downloaded.

8.What is the eligibility criteria for examination?
After completing all course modules, with a minimum gap of 30 days between course registration and examination, you are eligible to register for an online-proctored examination.

9.What is an online-proctored examination?
In an online-proctored examination, you can give the exam from the comfort of your home using a laptop. Please see the details here.

10.When will you conduct the examination?
Examinations are conducted 4 times in a year (March, June, September, and December). Exam schedule and registration details will be shared with eligible candidates in advance.

11.What is the passing criteria?
A minimum of 50% in each section (Banking, Securities Markets, and Insurance) and 60% in aggregate is required to pass the examination.

12.What is the examination pattern?
The examination will have all MCQs type questions.

13.What is the duration of the examination?
The duration of the examination is around 2 hours.

14.How many questions will be there?
The examination will have around 100 questions carrying 1 mark each.

15.Will there be any negative marks for wrong answers?
No, the exam do not have any negative marks.

16.What if I fail in the examination?
If you fail in the examination in your first attempt, you can re-attempt by paying the re-examination fee.

17.Is there any re-examination fee?
Yes, the re-examination fee is Rs. 1500 plus applicable taxes.

18.How many attempts are allowed?
In all, two attempts are allowed. If you fail in both you will have to re-register for the course and start from the beginning.

19.How will I get my certificate?
After successfully passing the examination, you will be able to download the course Certificate.

20.How to get more information regarding this course?
For more information you can download the course prospectus, email elearning@nism.ac.in or call 02192-668492/93

1. Indian Institute of Banking & Finance (IIBF):

Established in 1928 as a Company under Section 25 of the Indian Companies Act, 1913, the Indian Institute of Banking & Finance (IIBF), formerly known as The Indian Institute of Bankers (IIB), is a professional body of Banks, Financial Institutions, and their employees in India. The Mission of the Institute is “To develop professionally qualified and competent bankers and finance professionals primarily through a process of education, training, examination, consultancy / counselling and continuing professional development programs.” Details of the courses offered can be viewed at (www.iibf.org.in)

2. National Insurance Academy (NIA):

Established in 1980, National Insurance Academy (NIA) is a leading institution for learning, education and research in Management, Insurance, Pension, and allied areas not only in India but in the African, Middle East and Southeast Asian region. A pioneering academic institution in India’s Insurance landscape, National insurance Academy, is promoted by the public sector Insurance companies under the aegis of the Ministry of Finance, Government of India Nestled in a lush green scenic estate in Pune- India, the academy has a world-class infrastructure offering tranquility and a stimulating learning environment at the same time.

NIA’s academic team is a peerless resource in pursuit of excellence. The highly experienced industry professionals as faculty member bring practical and international insights to the classroom, and the experts from academia complement through their knowledge of established theories and ability to generate new knowledge through cutting-edge research. Thus, the Academy provides conceptual knowledge and real-world experience in the field of insurance and management and contributes to building corporate and business leaders while upholding ethical values with focus on nation building