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(NISM)

The National Institute of Securities Markets (NISM) is a public trust established in 2006 by the Securities and Exchange Board of India (SEBI), the regulator of the securities markets in India. The institute carries out a wide range of capacity building activities at various levels aimed at enhancing the quality standards in securities markets.

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Post Graduate Diploma in Management (Securities Markets) – PGDM (SM)

About the Program:

PGDM (SM) is an AICTE approved two-year Post-Graduate Diploma Programme in Management, where the students get exposure to varied subjects and verticals of securities markets including Economics, Financial Statement Analysis, Corporate Finance, Portfolio Management, Equity Valuation, Fixed Income Securities, and Derivatives & Risk Management, Investment Banking, Mutual Funds, and Wealth Management, benchmarked with the best and contemporary texts.

The carefully crafted curriculum, along with application-based teaching pedagogy and industry internship, serves as a strong foundation for further grooming and growth into various career paths in the corporate/financial/securities markets. PGDM (SM) students are positioned to take up a wide range of roles and responsibilities, such as Analysts, Investment Managers, Investment Bankers, Treasury Managers, Risk Managers, Compliance Officers, Financial Planners, Wealth Managers etc.

For Whom?

Participants with a passion for securities markets, and willing to immerse themselves over two years for in-depth knowledge and a long-term career in the corporate world, financial and securities markets will find the PGDM (SM) programme as an ideal platform. This programme is ideally suited for fresh graduates as well as experienced candidates. The two year PGDM (SM) is an ideal platform for those with a passion for financial/securities markets, aspiring for in-depth knowledge and a long-term career in these and related areas.

Graduates from various disciplines, such as Commerce & Accounting, Management, Economics, Law, Mathematics, Statistics, Engineering, etc. will develop their analytical capabilities, together with practical insights, in this PGDM Programme, for taking leadership roles in the financial/securities markets domain.

What do I learn?

The PGDM (SM) programme is a unique blend of specialized securities markets inputs and managerial insights. The key takeaways from the programme are:

  • Structured and comprehensive insights into the equity, debt, currency and commodity markets, and their derivative markets, in a well-designed and rigorously delivered environment
  • Insights from Finance, Accounting, Economics, Computing, Quantitative Methods and Law
  • Comprehensive coverage of the latest developments in FinTech
  • Developments in ESG
  • An enviable repertoire of knowledge, skills and applications in various segments of the securities markets leading to various career pathways
  • Development of analytical skills, critical thinking, problem solving and reporting, as is required of a contemporary professional
  • Learning to learn, which is the hallmark of a global professional. This in turn, could help the participant in adding other nationally and internationally relevant professional certifications to his/her Resume, during the course of PGDM (SM) or in the future, to remain current and contemporary.

Who Do I Learn from?

The faculty pool at NISM comprises in-house faculty team of seasoned academicians, visiting faculty from leading management institutions and universities and markets experts. NISM regularly engage with practitioners, creating opportunities for its students to learn from their prospective recruiters. NISM has also initiated a leadership lecture series wherein eminent market experts/Regulatory Chiefs/ Judges/and CEOs are invited to address the students and faculty on relevant contemporary issues. This provides students of PGDM (SM) an opportunity to interact with the best in various relevant fields.

How Do I Learn from?

The course curriculum and teaching pedagogy for PGDM (SM) ensure sound theoretical understanding and practical application of several areas of finance focusing on securities markets.

Faculty teach subjects through the case based teaching pedagogy. In addition to having its own case study centre, NISM has subscribed to cases from Harvard Business Publishing. Case-based teaching method facilitates experiential learning among the students. It facilitates application of knowledge; prepare students to come up with solutions to real-world problems and challenges.

Students are regularly evaluated through class participation, quizzes, tests, assignments, group work, projects etc.

Where does PGDM(SM) lead to?

PGDM (SM) can lead the successful participants to the following careers pathways. Some illustrative career opportunities available for PGDM (SM) graduates are as under:

  • Segments: Equity Markets, Debt Markets, Currency and Currency Derivative Markets, Commodity Derivative Markets
  • Market Infrastructure Institutions: A wide range of roles (Business Development, Operations, Compliance, Risk Management, etc.) in Market Infrastructure Institutions including Stock Exchanges, Commodity Exchanges, Clearing Corporations and Depositories
  • Research and Analytics: Credit Research & Ratings, Economic Research, Policy Research, Analytics and Computing in Risk Management & Derivatives
  • Banking: Commercial banking, Treasury Operations, Treasury Management etc.
  • Advisory: Investment Advisor, Personal Financial Planner, Wealth Manager
  • Mutual Funds: Business Development, Distribution, Operations, Compliance, Risk Management, etc. in the Mutual Funds Industry

The objective for designing a programme of the status of a Post Graduate Diploma is “to create complete securities market professionals”. Since the field of securities markets represents the confluence of several related areas, the postgraduate programme in securities markets rests on the following pillars:

  • Economics, including financial economics
  • Finance
  • Accounting and Reporting
  • Quantitative Methods and Computing
  • Law and Compliance
  • FinTech

Each of the above-mentioned fields is fully represented in the proposed programme, with a balance between elegance and rigour. Based on SSE’s prior experience, but also after infusion of fresh thinking, the architecture of the PGDM (SM) has been conceived. Each course is benchmarked with the best-in-class textbook (recommended text) to arrive at the chosen content.

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PGDM Programme Architecture

Design and Curriculum

The programme has a globally benchmarked curriculum deliberated by a council of academicians and market practitioners. Divided into six trimesters, the curriculum is designed to provide research-based inputs and industry insights through a team of academicians and market experts.

PGDM-SM 2026-2028 (Batch VIII)

Trimester – I

Subject CodeTrimester – IHoursCredits
101Business Economics and Environment303
102Financial Reporting303
103Financial Institutions & Markets303
104Mathematics for Securities Markets303
105Statistics for Securities Markets303
106Organisation Behaviour and Management303
107(A)Excel Skills for Management151.5
107(B)Market Infrastructure Institutions151.5
Total Teaching Hours in Trimester-I21021

Trimester – II

Subject CodeTrimester – IIHoursCredits
201Economics for Securities Markets303
202Financial Statements Analysis303
203Corporate Finance303
204Business Communication303
205Corporate and Allied Laws303
206Financial Analytics303
207(A)Smart Lab I151.5
207(B)Mutual Funds151.5
Total Teaching Hours in Trimester-II21021

Trimester – III

Subject CodeTrimester – IIINo. of HoursCredits
301Securities Analysis and Equity Valuation303
302Securities Market Laws and Regulations303
303Banking & Financial Services303
304AI & ML in Financial Markets303
305Derivatives & Risk Management I303
306Marketing of Financial Products & Services303
307Research Methods and Data Analytics303
Total Teaching Hours in Trimester-III21021

Trimester – IV

Subject CodeTrimester – IVNo. of HoursCredits
401Fixed Income Securities303
402Derivatives & Risk Management II303
403Portfolio Management303
404Treasury Management303
405Forex Markets and International Finance303
406Summer Internship–6
Total Teaching Hours in Trimester-IV15021

Trimester – V

Subject CodeTrimester – VNo. of HoursCredits
501Corporate Restructuring and Valuation303
502Commodities Markets303
503Financial Planning & Wealth Management303
504Financial Modelling and Research Report Writing303
505(A)Smart Lab – II151.5
505(B)Investment Banking151.5
Total Teaching Hours in Trimester – V15015

Trimester – VI

Subject CodeTrimester – VINo. of HoursCredits
601ESG Factors and responsible investing303
602Corporate Governance and Business Ethics303
603Portfolio Management Services and Alternate Investment Funds303
604Project Dissertation (Off Classroom)–6
605Professional Certifications (Off Classroom)–6
Total Teaching Hours in Trimester-VI9021
Total Teaching Hours in a Year (Timester-I to VI)1020120

Embedded NISM Certifications

Sr. No.Embedded NISM CertificationsTrimester
1NISM Series VII: Securities Operations and Risk Management Certification ExaminationI
2NISM Series V A: Mutual Fund Distributors Certification ExaminationII
3NISM-Series-VIII: Equity Derivatives Certification ExaminationIII
4NISM Series-XV: Research Analyst Certification ExaminationIV
5NISM Series-IX: Merchant Banking Certification ExaminationV
6NISM-Series-X-A: Investment Adviser (Level 1) Certification ExaminationVI
7Bloomberg BMC CertificateVI

Important points:

  • • Students need to complete all the above mandatory certifications within the deadlines indicated by the Program office.
  • • The examination fee for the aforementioned mandatory certifications is not included in the program fee of PGDM (SM). Students will have to appear and pass all examination on their own. A student will earn 6 program credits (as part of Course ‘604 Professional Certifications’) on successful completion of all six mandatory certifications.

Embedded Workshops

  • In addition to the courses and certifications listed above, the program will be continuously enriched further through focused advanced workshops and sessions from industry speakers and alumni.
  • The workshops to be organized for the batch would be predominantly identified based on the recruiters’ feedback, the industry feedback, and the contemporary developments in the securities markets landscape. The following are some of the indicative topics on which workshops would be organized for the batch:
  • a) Equities Research
  • b) Credit Risk Analysis
  • c) Compliance function at MIIs and other intermediaries
  • d) Surveillance and Risk Management functions
  • e) Treasury Operations at Banks
  • f) Private banking and Wealth management
  • g) Algorithmic and High frequency trading
  • h) Quantitative applications in securities markets
  • i) Data Science Applications in securities markets
  • j) REITs, InVITs and Alternate Investments
  • k) Other area(s), as needed, based on the industry feedback and contemporary developments
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Selection Procedure

Stage I Online Registration for PGDM-SM Admission 2026-28 (Batch VIII), NISM

  • (i) NISM invites online applications for admission to the PGDM (Securities Markets) 2026–28 (Batch VIII).
  • (ii) Registration will start on December 20, 2025 (1730 Hrs) and the last date of online registration will be on March 23, 2026 (2359 Hrs).
  • (iii) Candidates need to create their Login ID (USERNAME & PASSWORD) for online registration at https://apply.nism.ac.in/pgdm. Upon successful registration, a User-ID and Password will be sent to registered email ID and mobile number of the candidate.
  • (iv) Candidates need to submit an application/admission data form along with a non-refundable registration fee of Rs. 1,000/- (Rupees One Thousand Only).
  • (v) Applications in any other mode will not be accepted

Stage II Eligibility cum Shortlisting Criteria

Interested applicants who fulfil the below-mentioned eligibility criteria are required to register for the PGDM-SM 2026-28 (Batch-VIII) via the registration link . https://apply.nism.ac.in/pgdm.

Applicants for admission to the programme will be shortlisted on the basis of their scores in ANY of the following entrance examinations:

Educational QualificationsValid Common Entrance Test Score
Eligibility Criteria:

Candidate must satisfy the following criteria to apply for the programme:

Bachelor’s Degree of minimum 3 years’ duration and obtained at least 50% marks.

Note:Candidates who are likely to complete Graduation or equivalent before the 13th of July, 2026 may also apply, subject to meeting the minimum eligibility criteria. If selected, such candidates will be offered admission to the programme provisionally. At the time of registration for the programme, such candidates must produce X and XII and Graduation mark sheets (securing minimum marks i.e. 50%) along with school leaving certificate/ migration certificate, failing which the candidate’s admission offer may stand cancelled.

The candidates are required to qualify in anyone of the four all India Common Admission Tests i.e. CAT 2025, XAT 2026, CMAT 2026, MAT 2025/2026.

Who all will be called for interview? Is there a cut-off score? How will XAT, CMAT and MAT scores be converted to CAT equivalent?

CAT will be the benchmark for screening of applicants. The scores secured by applicants in an approved competitive exam conducted in the most recent year will only be considered after converting the score into equivalent of CAT. The conversion factor will be decided every year by the institute.

Therefore, candidates seeking admission to the PGDM (SM) of NISM must have appeared for any one of the above mentioned tests and submit the score secured in the test in his/her application

Stage III Online Personal Interview (PI)

  • (I) Shortlisted candidates from Stage-II will appear in Stage-III i.e Online Personal Interview.
  • (ii) All shortlisted candidates will be informed by Email or download their call letters to appear in the Online Personal Interview. All the required details like date, time and other guidelines will be mentioned in the call letter.
  • (iii) Eligible candidates will receive an Email for the Online Personal Interview process for PGDM-SM Admissions 2026-28 (Batch VIII).

Stage IV Final Selection List Based on Entrance Score, Online Personal Interview & Diversity Scores

  • (I) The offer of admission to the candidate will be made strictly on the basis of merit/ rank list.
  • (ii) The Merit List will be generated based on the valid composite score of Entrance score 2025, Online Personal Interview, Past Academics and Gender Diversity. The merit list for the admissions is prepared as per the weightage given below:
ComponentWeightage (%)
Competitive Exam Score (CAT 2025, XAT 2025, CMAT 2025, MAT 2025/26)50
Personal Interview (PI)30
Past Academics (Xth / SSC) or Equivalent Examination5
Past Academics (XII / HSC) or Equivalent Examination5
Past Academics (Graduation)5
Profile (Academic Diversity and Gender Diversity)5
Total100

Stage V Provisional Admission to PGDM-SM 2026-28 (Batch VIII).

  • (i) NISM follows reservation policy as per AICTE Norms.
  • (ii) Only selected candidates will receive a provisional offer letter for admission from apu@nism.ac.in on their registered email ID shortly after the declaration of the merit list. A candidate receiving an admission offer from NISM and accepting the offer within the stipulated date needs to deposit Rs. 2,86,950/- as the OAA i.e. Offer Acceptance Amount (or as mentioned in the Offer Letter).
  • (iii) An automated receipt and a text message of the transaction will be shared by the associated bank on the registered email id/ mobile no. of the candidate.
  • (iv) On acceptance of the admission offer and payment of OAA, the candidate will receive his/her confirmation letter for provisional admission to PGDM-SM 2026-28 (Batch VIII) on his/her registered email ID. The paid OAA will be adjusted with the First Year Programme Fee. If a candidate fails to pay the 1st instalment of First Year Programme Fees by the stipulated date mentioned in the admission confirmation letter, the seat will be cancelled.
  • (v) The fee structure for PGDM-SM 2026-28 (Batch VIII) is appended below:
Fee Structure of PGDM-SM 2026-28 (Batch- VIII)
Particulars1st Installment2nd Installment3rd Installment4th Installment
Tuition Fee1,45,2001,45,2001,45,2001,45,200
Lab & Library Fee15,00015,00015,00015,000
Exam Fee5,0005,0005,0005,000
Alumni Fund2,000–––
Student Welfare6,000–––
Total Program Fees (A) *1,73,2001,65,2001,65,2001,65,200
Library Deposit – Refundable (B)10,000–––
Total Fees including Refundable Deposits (A + B)1,83,2001,65,2001,65,2001,65,200
Gross Total6,78,800
Due DateWithin 10 days of receiving offer letterNovember 01, 2026June 15, 2027November 01, 2027

Stage VI Reporting for joining the PGDM-SM 2026-28 (Batch VIII).

  • (I) Final selected candidates who have deposited OAA and got a confirmation letter for provisional admission will be required to report physically (on the stipulated date and time) on the Institute campus for registration, followed by physical verification of educational documents and other testimonials as per checklist shared on later stage.
  • (ii) The academic session will tentatively begin from July 13, 2026.
  • (iii) The hostel room allocation to the candidate will be done on a sharing basis. Hostel rooms for the DAP candidates will be arranged on the ground floor or first floor (preferably). The fee structure for Hostel and Mess Charges for the PGDM SM 2026–28 (Batch VIII) is provided below.
Hostel and Dining Fee Structure of PGDM-SM 2026-28 (Batch-VIII)
Particulars1st Installment2nd Installment3rd Installment4th Installment
Accommodation Fee57,00057,00057,00057,000
Dining Fee35,00035,00035,00035,000
GST on Food (5%)1,7501,7501,7501,750
Total Accommodation & Dining Fee (A)93,75093,75093,75093,750
Hostel Deposit – Refundable (B)10,000–––
Total Fees including Refundable Deposits (A + B)1,03,75093,75093,75093,750
Gross Total3,85,000
Due DateWithin ten days of receiving offer letterNovember 01, 2026June 15, 2027November 01, 2027

# AC accommodation on a twin-sharing basis. Centralized AC will be available between 9:00 pm to 06:00 am only

Note: Students are required to vacate the hostel during the internship period. Accordingly, hostel charges for this period have been excluded from the above fee. In case a student wishes to stay in the campus during the internship period, he/she has to bear additional charges for the same.

Note:

  • (I) Comfortable hostel accommodation, separate for boys and girls, is available in the campus.
  • (ii) Accommodation and Dining Charges once paid by a student will not be refunded under any circumstances.
  • (iii) The hostels are well equipped with all the modern amenities and are under the charge of caring and experienced Wardens.
  • (iv) NISM Dining Hall and Cafeteria: A spacious well lit and well ventilated cafeteria in the campus serves sumptuous and healthy food to the students. The variety of dishes which are both healthy and tasty and are crafted by a team of professional dieticians to ensure a well-balanced diet.
  • (v) NISM Recreational Facilities: NISM has a world class sports complex and extensive sports facilities. NISM offers ample opportunities to students for a regular work-out and lifestyle management by providing a host of excellent sports facilities. It has facilities for games like cricket, basketball and volleyball as well as indoor games like chess, carom, table-tennis, badminton, etc.
  • (vi) Medical Facilities: NISM provides Student Safety Insurance and a visiting doctor within the Campus. Ambulance facility (on call) is available in case of any emergency.
  • (vii) Laundry facilities are available on payment basis at our campus.

Refund Policy PGDM-SM 2026-28 (Batch VIII).

(I) The last date for any withdrawal of provisional admission will be ‘On or before the Registration’ (online/ on campus, as the case may be). The entire fees received from the student, after deduction of the processing fee of Rs. 1000/- (one thousand only), will be refunded to the candidate by the mode of bank transfer to the candidate’s own savings bank account provided by the candidate. The refund requests will be accepted only through the institute’s admission portal, i.e. https://apply.nism.ac.in/pgdm.

Sr. No.Refund AmountPoint of Time When Notice of Withdrawal of Admission Is Served to the Institute
01The fee paid will be refunded after a flat deduction of Rs. 1,000/-Before commencement of the programme or July 13, 2026, whichever is earlier
02The fee paid will be refunded after a flat deduction of Rs. 10,000/-After July 13, 2026 and the vacant seat is filled by another student from the wait list
03The student will not be eligible for any refund, except the refund of the refundable
deposits included in the fees		After commencement of the programme or after July 13, 2026, and the seat remained vacant
  • (II) Refunds will be made within 60 days from the date of commencement of the program i.e from July 13, 2026. Please provide your own (i.e. candidate’s) correct banking details (Beneficiary Name, Saving Bank Account Number, Bank Name, IFSC code, PAN, Cancelled Cheque copy) through the institute’s admission portal i.e.. https://apply.nism.ac.in/pgdm
  • (III) The institute takes no responsibility in case the banking details provided by you are erroneous. Refund request(s) received from any other mode apart from the above-mentioned institute’s admission portal will not be considered under any circumstance. No refund requests will be entertained after registration or the date and time mentioned in the offer letter for provisional admission.

Note:

  • (I) The above mentioned admission criteria, terms and conditions are subject to change at the discretion of NISM.
  • (ii) The information in this document is applicable only for the admissions cycle PGDM-SM Admissions 2026-28 (Batch VIII). NISM reserves the right to change, modify or adopt any new admission process that it deems necessary at any point.
  • (iii) Any dispute concerning Admission for the PGDM-SM 2026-28 (Batch VIII) would be subject to the jurisdiction of the competent courts within the territorial jurisdiction of the city of Mumbai only.
  • (iv) You will receive all admission offers in the form of a letter duly signed by the Academic Program Unit of NISM sent from apu@nism.ac.in. Any offer received from any other email is completely invalid and is not official. All admissions to NISM are provisional till you have completed all formality upon reporting to the institute.
  • (v) If at any point of time it is found that the information provided by the candidate is false, incorrect, or misrepresented, the admission offer will stand cancelled.
  • (vi) NISM reserves the right to change, modify or adopt any new admissions process that it deems necessary at any point.

Our Past Recruiters

NISM, established by SEBI, has strong connect with the industry enabling bright placement and career opportunities for its students. The institute assists placement of the students by inviting banks, asset management companies, advisory firms, broking houses, other securities markets intermediaries and other select companies participate in the campus placement programme.

Important Dates

Online Applications OpenDecember 20, 2025 (1730 Hrs)
Last Date for Submission of Online ApplicationMarch 23, 2026 (2359 Hrs)
Announcement of Call for Online Personal InterviewsApril 23, 2026 (1730 Hrs)
Date of Online Personal InterviewsMay 04 – 13, 2026
Announcement of First Selection ListJune 10, 2026 (1730 Hrs)
Announcement of Second Selection ListJune 20, 2026 (1730 Hrs)
Announcement of Third Selection ListJune 30, 2026 (1730 Hrs)
Student Orientation and Document VerificationJuly 10, 2026 (1100 Hrs)
Academic Session BeginsJuly 13, 2026

* The Institute reserves the right to change, amend programme structure, admission process and fees as when it deems fit.

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Admission 2026-28 (Batch-VIII)

Frequently Asked Questions

Q1. What is NISM PGDM(SM) Program?

A1. Post Graduate Diploma in Management (Securities Markets), a Two-Year AICTE Approved Full-Time program by NISM focusing on the securities markets.

Q2. What are the Academic Eligibility Criteria for the PGDM(SM)?

A2. Interested applicants who fulfil the below-mentioned eligibility criteria are required to register for the PGDM- SM 2026-28 (Batch-VIII).

  • Applicants must hold Bachelor’s Degree of minimum 3 years’ duration and obtained at least 50% marks.
  • Applicants in the last year of their Bachelor’s Degree program and awaiting their final results can also apply. However, their admission will be considered as provisional and is subject to fulfilling the above- mentioned eligibility criteria within the specified timeframe.
  • Candidates are required to qualify in any of four All India Common Admission Tests i.e. CAT 2025, XAT 2026, CMAT 2026 and MAT 2025/2026.
Q3. Those who are in last year and are waiting for final results, can they apply?

A3. Yes! Admission will be provisional till graduation marks are submitted.

Q4. Who should apply for PGDM(SM)?

A4. The program is ideal for students pursuing graduation in Economics, Commerce, Finance, Engineering, or Management aspiring for a career in capital markets.

Q5. What is the Selection Process of NISM for PGDM(SM)?

A5. The offer of admission to the candidate will be made strictly on the basis of merit/ rank list. The Merit List will be generated based on the valid composite score of Entrance Score, Online Personal Interview (PI), Past Academics and Gender Diversity. The merit list for the admissions is prepared as per the weightage given below:

ComponentWeightage (%)
Competitive Exam Score (CAT 2025, XAT 2025,
CMAT 2025, MAT 2025/26)		50
Personal Interview (PI)30
Past Academics (Xth / SSC) or
Equivalent Examination		5
Past Academics (XII / HSC) or
Equivalent Examination		5
Past Academics (Graduation)5
Profile (Academic Diversity and Gender Diversity)5
Total100
Q6. How many seats are available in the PGDM(SM)?

A6. There are 180* seats in the PGDM (SM) program.

Q7. Is distance learning or online available for PGDM(SM)?

A7. No! The program is not offered in distance or online mode.

Q8. How can I apply?

A8. Register online at https://apply.nism.ac.in/pgdm

  • New Registration: Receive User-ID and Password via email/SMS.
  • Login and complete application with Rs.1,000/- (Rupees One Thousand Only) Fee Payment via Debit/Credit Card, Net banking, or UPI
Q9. What leads most students to choose this college?

A9:

  • Expert faculty with securities market knowledge
  • Strong infrastructure
  • Established by SEBI
  • Simulation lab for stock trading
  • Blend of faculty from academia, industry, and regulators
  • Regular industry interaction
Q10. May I visit the campus? If so, when?

A10. Yes, visits can be scheduled from Monday to Friday between 1000 Hrs and 1600 Hrs.
Kindly email apu@nism.ac.in to schedule an appointment. Campus details are available on the NISM website.

Q11. What certifcations are covered in the PGDM(SM) program?

A11. The program includes embedded NISM certifications:

Embedded NISM Certifications
S. No.Name of CertificateTrimester
1NISM Series VII: Securities Operations and Risk Management Certification ExaminationI
2NISM Series V A: Mutual Fund Distributors Certification ExaminationII
3NISM Series-VIII: Equity Derivatives Certification ExaminationIII
4NISM Series-XV: Research Analyst Certification ExaminationIV
5NISM Series-IX: Merchant Banking Certification ExaminationV
6NISM Series-X-A: Investment Adviser (Level 1) Certification ExaminationVI
7Bloomberg BMC CertificateVI
Q12. What is the estimated cost for two year PGDM(SM) at NISM?

A12. The estimated cost for two year programme is given below:

  • Program fee: Rs. 6,78,800/- (Rupees Six Lakh Seventy-Eight Thousand Eight Hundred Only).
  • Accommodation and Dining Fee: Rs. 3,85,000/- (Rupees Three Lakh Eighty-Five Thousand Only).
  • Fee payable in Four Installments.
Q13. What are some options for financing my PGDM(SM) education?

A13. NISM is enlisted on Vidya Lakshmi Portal for education loan applications.

Q14. Where do PGDM(SM) students get placed?

A14. Placement profiles include: Treasury, Advisory, Merchant Banking, Compliance, Corporate Banking, etc. Recruiters include Banks, Stock Exchanges, Depositories, Mutual Funds, etc.

Q15. Name of the Past recruiters?

A15. ICICI Bank, SBI MF, STCI, BSE Ltd., Federal Bank, Axis Trustees, IFA Global, IDBI Bank, NSDL, and more.

Q16. What is the placed Student CTC?

A16:

  • Average: Rs.9.07 LPA
  • Maximum: Rs.16.32 LPA (based on performance)
Q17. What are the key dates for admission?

A17:

  • Online Application Open: December 20, 2025
  • Last Date for Submission of Online Application: March 23, 2026
  • Date of Online Personal Interviews (PI): Tentatively from May 04-13, 2026
  • Academic Session Begins: July 13, 2026

Contact Details:

For any further enquiries, please connect to the Admission Helpdesk NISM: +91- 826-800-2412

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Post Graduate Diploma in Management (Securities Markets) Placement Report 2022-2024

Executive Summary

The NISM campus placement drive for the PGDM(SM) program was held at the Patalganga Campus, with participation from more than 50 companies. From the batch size of 92 students, 81 students opted in placement drive and received offers for diverse roles. The placement cell successfully secured placements for all students who opted to participate.

Salary PackagesCTC
Maximum16.32 LPA
Average9.07 LPA

The salary package (CTC) comprises of fixed, variable and allowances offered by the company.

Major Recruiters:

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Dr. Rachana Baid

Dr. Rachana Baid

Professor, Dean & HOD - CCB (Academics)

Dr. Kirti Abhijeet Arekar

Dr. Kirti Abhijeet Arekar

Professor, CCB (Academics)

Dr. Dhiraj Jain

Dr. Dhiraj Jain

Professor, CCB (Academics)

Dr. Rajesh Kumar

Dr. Rajesh Kumar

Professor, CCB (Academics)

Dr. Jatin Trivedi

Dr. Jatin Trivedi

Associate Professor, CCB (Academics)

Dr. Kapil Shrimal

Dr. Kapil Shrimal

Associate Professor, CCB (Academics)

Mr. Vivek Dhandapani

Mr. Vivek Dhandapani

Associate Professor of Practice, CCB (Academics)

Dr. Amol Agrawal

Dr. Amol Agrawal

Associate Professor, CCB (Academics)

Dr. Mohd Meraj Inamdar

Dr. Mohd Meraj Inamdar

Assistant Professor, CCB (Academics)

Dr. Shreyas Vyas

Dr. Shreyas Vyas

Assistant Professor, CCB (Academics)

Mr. Madhav Mehta

Mr. Madhav Mehta

Adjunct Faculty

Mr. Vijay Kanchan

Mr. Vijay Kanchan

Adjunct Faculty

Mr. Amit Trivedi

Mr. Amit Trivedi

Adjunct Faculty

Mr. Rajesh Krishnamoorthy

Mr. Rajesh Krishnamoorthy

Adjunct Faculty

Scholarships and Financial Aid

1. Objective

To enhance the academic quality of the PGDM program by attracting high-performing students through merit-based incentives and to provide financial inclusivity for economically disadvantaged and under-represented categories.

2. Categories and Eligibility:

Students may only benefit from one scheme. Multiple concurrent scholarships / financial aids are not permitted.

  • I. Merit-based Scholarships

    The following scholarship schemes may be applicable to students admitted to the full-time PGDM program. These scholarships aim to improve the intake quality of the program. A student is eligible for a tuition fee waiver under only one of the schemes below

    • CategoryQuantum (Max Units)Eligibility CriteriaWaiver Benefit
    Merit Scholarship (Admission Test Scores) 

    18

    		1st Class in graduation AND:

    •  CAT/XAT/GMAT: 75 %ile & above

    •  Other eligible tests: 80 %ile & above.

    		50% of Tuition Fee (First Year)

    50% of Tuition Fee in Second Year is subject to scoring 60% marks in each trimester of first year and no backlog.

    Best Performing Students 

    2

    		Students securing the

    1st and 2nd Rank in the first year of the full-time PGDM program.

    		50% of Tuition Fee (Second Year)

    50% of Tuition Fee in Second Year is subject to scoring 60% marks in each trimester of first year and no backlog.

  • II. Need-based Financial Aid

    To assist students from economically weaker sections, need-based financial aid may be provided as follows:

    • CategoryQuantum (Max Units)Eligibility CriteriaWaiver Benefit
    Economically Weaker-Section/ Backward Students 

    4

    		Meritorious students with annual family income less than Rs. 8.00 Lakh. Preference will be given to SC/ST/OBC(NCL)/PwD students.50% of Tuition Fee (First Year)

    50% of Tuition Fee in Second year is subject to scoring 60% marks in each trimester of first year and no backlog.

3. General Terms and Conditions

  1. Selection Process: To be eligible for any waiver, the student must first secure admission to the course through the prescribed competitive selection
  2. Payment: Students seeking waivers must pay the first installment of tuition and other fees in full at the time of admission. Waivers are processed subsequently.
  3. Application Timeline: Eligible students must apply within the scholarship application window period opened by NISM.
  4. Single Benefit: A student is eligible for a waiver under only one Multiple concurrent scholarship and/or financial aid and/or employee benefit are not permitted.
  5. Documentation Required:

    • Merit: Rank Certificate issued by the University/Institution.

    • Economic: Certificate issued by an Officer not below the rank of

    • SC/ST/OBC (NCL): Caste/Category certificate issued by the Competent Authority authorized by the Govt of India

    • Any other documents that may be required to be produce by the

  6. Discretion: Submitting an application does not guarantee a All applications may be scrutinized by a Committee constituted by the Director.
  7. Verification: NISM reserves the right to verify documents with issuing authorities. If information is found incorrect, the student must pay the entire fee with penalty and may face disciplinary action.
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PGDM 2026–28 (Batch VIII) Admission Brochure.

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