About CSMC (Executive Program)

CSMC (Executive Program) is a one-year residential program that provides students with exposure to a wide range of subjects covered in the CS executive program. In addition, the program includes added subjects related to listed issuers and securities market compliances such as an Overview of securities markets, Issuer compliances, Intermediaries Compliances, Derivatives, and corporate governance. The curriculum is carefully crafted and benchmarked with the best and contemporary texts. The program also includes application-based teaching
pedagogy and industry internship that serves as a strong foundation for further grooming and growth into various career paths in the corporate/ financial/ securities markets compliance role. CSMC students are positioned to take up a wide range of roles and responsibilities of compliance professionals with the listed companies, market infrastructure institutions, and intermediaries.

For Whom?

The CSMC (Executive Program) is an ideal platform for those who are passionate about corporate and securities market compliances, and aspire to gain in-depth knowledge and build a long-term career in these areas. The program is suited for fresh graduates, postgraduates, and experienced candidates who are enrolled in the CS executive program and have a passion for compliance roles with listed companies and securities market stakeholders. Over the course of one year, students will immerse themselves in the program and develop their knowledge and skills in taking compliances.

Individuals who have graduated from various disciplines, including Commerce & Accounting, Management, Economics, Law, Mathematics, Statistics, Engineering, and others, and are enrolled in the CS Executive program are eligible to apply.
Individuals who have completed the Final Course of ICAI (The Institute of Chartered Accountants of India) or ICMAI (The Institute of Cost Accountants of India) and are currently enrolled in the CS Executive program are also eligible to apply.

 

Benefits of Program:

CSMC -Executive Program can lead the successful participants to the following careers pathways:
• Listed Companies: Role as a compliance officer.
• Market Infrastructure Institutions: Role as a compliance professional and compliance officer with Market Infrastructure Institutions including Stock Exchanges, Commodity Exchanges, Clearing Corporations and Depositories etc.
• Intermediaries: Role as a compliance officer with the primary and secondary market intermediaries, The objective of NISM for designing a program of this kind is “to create a cadre of compliance officers”.

Program Architecture

The program is divided into the following two semesters:

1. First Semester

Course Code Course Title Teaching Hours
101 An overview of Securities Markets & Introduction to NISM simulation lab 45
102 Jurisprudence, Interpretation & General Laws 45
103 Company Law & Practice 45
104 Setting up of Business, Industrial & Labor Laws 45
105 Tax Laws & Practice 45
Total Hours 225

 

2. Second Semester

Course Code Course Title Teaching Hours
106 Corporate Accounting & Financial Management 45
107 Capital Market & Securities Laws 45
108 Economic, Commercial & Intellectual Property Laws 45
109 Issuer Compliances 45
110 Intermediaries Compliances 45
Total Hours 225

# For each teaching hour, students are required to put in a minimum 2 additional learning hours.

 

Industry projects

·  There will be one month industry projects after the 2nd semester that offers opportunities to the students of the program to deep dive into live market environment and work on various projects and functions with associated entities in the market.

· Students will work under the mentorship of industry experts from MIIs, Banks, Securities Markets Firms, and Regulators etc. on projects.

 

NISM Certifications across the Two Semesters:

Mandatory NISM Certifications
Sl. No. Name of the Certification Exam
1 NISM-Series-XII: Securities Markets Foundation   – First Semester
2 NISM-Series-V-A: Mutual Fund Distributors – First Semester
3 NISM-Series-VI: Depository Operations Certification –First Semester
4 NISM-Series-III-A: Securities Intermediaries Compliance (Non-Fund) -Second Semester
5 NISM-Series-VII: Securities Operations and Risk Management – Second Semester
6 NISM-Series-VIII: Equity Derivatives – Second Semester
Any others Any other NISM certification depending upon the requirements

 

Optional NISM Certifications
Sl. No. Name of the Certification Exam
1 NISM-Series-I: Currency Derivatives
2 NISM Series-IX: Merchant Banking
3 NISM-Series-X-A: Investment Adviser (Level 1)
4 NISM-Series-XIII: Common Derivatives
5 NISM-Series-XV: Research Analyst
6 NISM-Series-XXI-A: Portfolio Management Services
7 NISM-Series-X-B: Investment Adviser (Level 2)
8 NISM-Series-XIX-A: Alternative Investment Funds (category I and II) Distributors
9 NISM-Series-XIX-A: Alternative Investment Funds (category III) Distributors
10 Any other NISM certification depending on the requirements

Important points:

*Students need to complete all the above mandatory certifications within the deadlines indicated by the Program Calendar. The examination fee for the aforementioned mandatory certifications will be borne by the individual candidates.

 

Learning Environment and Pedagogical Approach

 The pedagogy of this program will be practice oriented with an objective of bringing real-life perspectives alongside giving a robust conceptual foundation to the students.

The curriculum is designed in consultation with the CS institute and industry to ensure that the curriculum is in-line with the current Industry practices and requirements.

The program will be delivered through learner-centric approach using various pedagogical tools including case studies, hands on training on widely used data base and software’s like, Bloomberg, Prowess and others.

NISM, with its proximity to the policy-makers and the industry, draws upon the cream of academia and industry providing cutting-edge inputs in the securities markets domain.

Lectures and hands-on workshop sessions will be conducted by eminent faculty and industry leaders and experts. Students will gain the inputs and industry insights from a team of academicians, market experts and policy makers. There will also be regular interactions with practicing professionals.

The learning environment is further stimulated by industry interface, finance lab with modern technological infrastructure, state-of-the-art campus, extensive library and other recreation facilities. Book reviews, films related to Wall Street and experience sharing sessions with industry experts complement the learning process.

 

Industry Interface

 The institute organizes visits to exchanges, depositories and various market intermediaries providing exposure to industry paradigm. NISM also invites a number of practitioners from the industry for interaction with the participants to share their experiences. These platforms provide opportunities to the participants to develop keen insights to industry practices and nuances.

 

 Finance Lab

The one-of-its-kind trading simulation lab with streaming market data is a key highlight of the program. In addition, students will be learning various subjects using databases such as Bloomberg, Prowess, etc. and application software such as MATLAB, SAS, R, WinRATS, E-Views, etc.

 

Extensive Library

The institute boasts one of the biggest specialized libraries for Finance, which holds a rich collection of over 10000 books on securities markets, domestic and international magazines, newspapers, journals, etc. Through Science-Direct, the library provides access to all leading academic journals in Finance, Economics, Business and Management.

 

State-of-the-art Campus

NISM’s campus at Patalganga spread over 70 acres of land on the scenic Mumbai-Pune Express-way has state-of-the-art infrastructure that creates an ideal environment conducive for contemplative learning. The eco-friendly campus is Wi-Fi enabled and features well equipped class-rooms, modern auditorium and a vast amphitheatre. The campus also has impressive residential blocks with separate hostel facilities for male and female participants.

 

Recreation Facilities

The participants enjoy the luxury of modern recreation facilities like swimming pool, squash court, gymnasium with modern equipment, table tennis and badminton halls, yoga hall, cafeteria etc., The recreation blocks pose a refreshing environment offering a balance to the academic rigor of the program.

 

Placement Facilitation

 NISM’s close connect with the industry will act as an enabler to facilitate the placement of students. The institute assists placement of the participants by inviting reputed organizations in the investment and securities markets domain to the campus placement drive. The participants are groomed for performing challenging and exciting roles in the investment and securities markets. The alumni of various other programs offered by NISM have been inducted in the following organizations through the campus placement program:

Admission Process

Eligibility Criteria

1. Graduate/Post Graduate with a minimum of 50 % marks from a recognized university in India.
Or
2.  ICAI (The Institute of Chartered Accountants of India) Final Course Passed students
Or
3. ICMAI (The Institute of Cost Accountants of India) Final Course Passed students
And
1. Students must be enrolled in the CS (Executive) program (Offered by ICSI)

 

Selection Criteria

Online Test and Interview: Candidates will undergo an online test and an online interview jointly conducted by the NISM (National Institute of Securities Markets) and ICSI (Institute of Company Secretaries of India).
Shortlisting: Based on the online test results, the top 180 candidates will be shortlisted.
Online Interview: Shortlisted candidates will then participate in an online interview.
Final Selection: The final selection for the top 60 candidates will be determined based on the candidates’ performance in the interview.

Program Fee
The tuition fee for the CSMC-Executive is Rs. 1,00,000. The break-up of the fees is as follows:

Fee Structure of CSMC-Executive Program
Sr. No. Particulars First Instalment (Rs) Second Instalment (Rs) Total Fee (Rs)
A Tuition fee 50000 50000 100000
B Books, Study Material,

Library Resources, etc.

10000 0  10,000
C Exam fee 5000 5000 10,000
D Alumni fund 2000 2000
E GST @ 18% 12060 9900 21960
F Accommodation
(non-AC & twin occupancy)
30,250 30,250 60,500
G Mess Charges 34,650 34,650 69,300
H 5% GST on Mess charges 1,733 1,733 3,466
  Total Fees 1,45,693 1,31,533 2,77,226
Due Date      

There will be a caution deposit for the hostel of Rs 10000 and library of Rs 10000, which will be refunded after the completion of the program.
• Cost of NISM certification shall be borne by the student.
• Residential charges will be collected for 11 months starting from July 30, 2024. Students are allowed to occupy the hostels one day before the start of the program. Students have to vacate the hostel two days after the date of the last semester examination.)

*The fee is subject to change as mutually decided by ICSI and NISM as & when notified and applicable at the time of admission.

#Air Conditioning facilities can be arranged upon request, subject to additional charges, from March 15 to June 30. charges will be intimated separately.

Fee Refund Policy

 If any applicant requests to withdraw his/her admission, the Institute will refund the collected fees after deducting Rs. 10,000/- towards processing fees, provided such withdrawal request is made before the commencement of the program. The last date for withdrawal of admissions for the purpose of refund of fees is before the commencement date of the program. There will be no refund of fee, after the commencement of the program.

 

Percentage of Refund of Aggregate fees Point of time when notice of withdrawal of admission is served to the Institute
100% less Rs.10,000/- Before commencement of the program
0% After commencement of the program

 How to apply?

1. New user needs to click on https://apply.nism.ac.in/csmc-executive-form
2. Upon successful registration, you will receive User ID and Password on the registered mobile number and Email ID.
3. After registration you can Log-in and fill in the application form and pay the application fee of Rs 500/- online.

Important Dates:

Start Date for Application March 05, 2024
Last Date for Application May 31, 2024
Online Entrance Test June 16, 2024
Date of Online Interview July 01, 2024 to July 05, 2024
Declaration of 1st Merit List July 12, 2024
Declaration of 2nd Merit List July 19, 2024
Last date for payment of fee July 26, 2024
Commencement of Program July 30, 2024

 

Disclaimer and Note:
Although every possible effort has been made to provide reliable and accurate information regarding online admission schedule/course(s)/number of seat(s)/ eligibility criteria/ fee structure etc. in the Online Joint Prospectus 2024, the ICSI and NISM do not warrant or assume any legal liability or responsibility for any error found either at any stage of complaint or while uploading the Prospectus. The Management of NISM and ICSI reserves the right to change, amend program structure, content and delivery etc. as they deem fit. All disputes pertaining to this course are under the jurisdiction of the High Court of Bombay.

 

Frequently Asked Questions

FAQs

  • Dr. Rachana Baid

    Professor, Dean (Academics) & HoD - School for Securities Education (SSE)
  • Dr. Rajesh Kumar

    Professor - School for Securities Education (SSE)
  • Mr. Shailesh Pingale

    Member of faculty - Incharge of Academic Compliance Cell (APU)
  • Dr. Mohd Meraj Inamdar

    Assistant Professor - School for Securities Information and Research (SSIR)
  • Dr. Shreyas Vyas

    Assistant Professor - School for Securities Education (SSE)

Download Prospectus

Contact Us

Helpdesk: +91 82680 02412

Timings: Monday to Friday 9:30 AM till 5:30 PM

(Helpdesk will remain close on public holidays).

Email: csmc@nism.ac.in

Admissions Open