About PGDM (SM)

The field of securities markets is a confluence of several related areas–economics, financial economics, accounting and reporting, quantitative methods and computing, law and compliance and more. Individuals aspiring for an entrepreneurial or managerial career in the dynamic securities markets are required to possess a myriad of skill sets over and above expertise in the markets and market-related areas.

The School for Securities Education (SSE) of NISM, with its prior experience in designing and delivering academic programmes that suit the dynamic (securities markets) industry requirements, infused with innovation, has conceived the Post-Graduate Diploma in Management (Securities Markets) PGDM (SM) to nurture individuals for success in the securities market. The programme is approved by the All India Council for Technical Education (AICTE).


Where Does PGDM (SM) lead to?

The meticulously crafted curriculum for PGDM in Securities Markets, along with application-based pedagogy and industry internship, serves as a sound foundation for further grooming and growth into various career paths in securities markets.

»Segments: Equity Markets, Debt Markets, banking Treasury, Currency and Currency Derivative Markets, Commodity Derivative Markets, retail banking.

»Research: Equities, Debt Markets, Currency Markets, Commodity Markets.

»Analytics: Credit Research & Ratings, Economic Research, Policy Research, Advanced Analytics and Computing in Risk Management & Derivatives, Front-, Mid- and Back-Office Analytics, Legal Research & Analysis, Mutual Fund Analytics, News and Media, Fintech.

»Broking and Dealing: Equities, Equity Derivatives (F&O), Debt (G Sec, Corporate Bonds, Securitized Debt and Structured Finance, Municipal Bonds), Syndicated Debt, Mutual Fund Distribution,

»Advisory: Investment Advisor, Personal Financial Planner, Wealth Manager in Banking, Broking & Investment Advisory firm.

»Corporate Advisory: Investment Banking, Corporate Banking, Insolvency Resolution and Restructuring, Valuation, Compliance, Risk Management, Debenture Trusteeship and Custodianship.

Summary of Credit Distribution across all Trimesters

Sr. No. Particulars No. of classroom subjects Credits for classroom subjects Credits for self-learning engagements Total Credits
First Year (2022-2023)
1 Trimester I 6 18 18
2 Trimester II 6 18 18
3 Trimester III 6 18 18
Summer Internship (Summer 2023)
Summer Internship 06 06
Second Year (2023-2024)
1 Trimester IV 5 15 18
2 Trimester V 5 15 18
3 Trimester VI 2 6 12 18
Total 30 90 18 108

 

Detailed Program Architecture

First Year (2022-2023)
Subject Code Trimester – I Hours Credits
101 Economics for Securities Markets 30 3
102 Financial Reporting 30 3
103 Financial Institutions & Markets 30 3
104 Mathematics for Securities Markets 30 3
105 Statistics for Securities Markets 30 3
106A Organisation Behaviour and Management 15 1.5
106B Excel Skills for Management 15 1.5

 

Subject Code Trimester – II Hours Credits
201 Financial Statements Analysis 30 3
202 Corporate Finance 30 3
203 Business Communication I 30 3
204 Corporate and Allied Laws 30 3
205 Smart Lab I 30 3
206A Mutual Funds 15 1.5
206B Marketing of Financial Products & Services 15 1.5

 

Subject Code Trimester – III Hours Credits
301 Securities Analysis and Equity Valuation 30 3
302 Securities Market Laws and Regulations 30 3
303 Banking & Financial Services 30 3
304 Fintech in Financial Markets 30 3
305 Derivatives & Risk Management I 30 3
306A Business Communication II 15 1.5
306B Research Methods and Data Analytics 15 1.5

 

Summer Internship (Summer 2023)
Summer Internship 6

 

Second Year (2023-2024)
Subject Code Trimester – IV Hours Credits
401 Fixed Income Securities 30 3
402 Derivatives & Risk Management II 30 3
403 Portfolio Management 30 3
404 Treasury Management 30 3
405 Market Infrastructure Institutions 30 3
Subject Code Trimester – V Hours Credits
501 Corporate Restructuring and Valuation 30 3
502 Commodities Markets 30 3
503 Financial Planning & Wealth Management 30 3
504 Smart Lab II 30 3
505A Financial Modelling 15 1.5
505B Investment Banking 15 1.5
Subject Code Trimester – VI Hours Credits
601A Ethics and ESG Investing 15 1.5
601B Forex Markets and International Finance 15 1.5
602A Alternate Investment Funds 15 1.5
602B Taxation for Securities Markets 15 1.5
603 Project Dissertation (Off Classroom) 6
604 Professional Certifications (Off Classroom) 6
Total Program Credits 108

 

Note: The Program Architecture proposed above is subject to necessary revisions, if required, based on the prevailing circumstances and the industry feedback. The Institute reserves the right to carry our necessary changes, if any, in the Program Architecture in such cases.

 

Embedded NISM Certifications
STAGE I – Basic Certifications
1 NISM Series V A: Mutual Fund Distributors Certification Examination
2 NISM Series VII: Securities Operations and Risk Management Certification Examination
3 NISM-Series-X-A: Investment Adviser (Level 1) Certification Examination
STAGE II – Advanced Certifications
4 NISM-Series-VIII: Equity Derivatives Certification Examination
5 NISM Series-IX: Merchant Banking Certification Examination
6 NISM Series-XV: Research Analyst Certification Examination

 

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 included in the program fee of PGDM (SM). Students will get one examination attempt for each of the six mandatory exams, as part of the program fee. However, in a rare case, if a student fails in the first attempt, then the student has to bear the examination fee of the subsequent attempt(s).
  • 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

 

 

 

Eligibility Norms

Educational Qualifications Valid Common Entrance Test Score
1. Applicant must possess a strong and consistent academic background. Performance in 10th grade, 12th grade and every year of graduation are considered in the selection process.

 

2. Passed Bachelor’s Degree of minimum 3 years’ duration and obtained at least 50% marks (45% in case of candidates belonging to reserved category) in any stream.

 

3. 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.

The candidates are required to qualify in any one of the six all India Common Admission Tests. CAT, XAT, CMAT, ATMA, MAT, GMAT or MH-CET (Management) in Maharashtra.

 

Note: Candidates whose competitive exam results are not officially announced can submit the application form. However, candidate has to submit the competitive exam score to NISM Admission office once the results are announced, until then the admission will be stated as provisional.

Selection Procedure

Selection shall be based on the educational qualifications of the candidate, competitive exam score and Personal Interview (PI).

How to Apply?

1. New user has to register by clicking on “Click here to Apply Now” button.
2. Upon successful registration, a User-ID and Password will be sent to registered email ID and mobile number of the candidate.
3. Fill the Application form and upload all relevant documents.
4.Complete the application form by paying the application fee – Rs. 1000/-

*APPLICATION FEE is Refundable only in case the applicant is not shortlisted for the Online Interview process.

Important Dates for AY 2023-25

 

S.No. Particulars Date

 

1. Start Date for Application: To be announced
2. Last Date for Application: To be announced
3. Date of commencement of admission interviews: To be announced
4. Declaration of Merit List: To be announced
5. Commencement of Program: As per AICTE norms
  • Dr. Rachana Baid

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

    Professor & HOD- School for Securities Information and Research (SSIR)
  • Dr. Kirti Arekar

    Professor - School for Securities Education (SSE)
  • Dr. Rajendra R. Vaidya

    Senior Professor
  • Dr. Jinesh Panchali

    Professor - School for Securities Education (SSE)
  • Dr. Dhiraj Jain

    Professor - School for Securities Education (SSE)
  • Dr. Kapil Shrimal

    Associate Professor – School for Securities Education (SSE)
  • Dr. Jatin Trivedi

    Associate Professor - School for Securities Education (SSE)
  • Mr. Ritesh Kumar Nandwani

    Faculty Member & Program Director, PGDM (SM) - School for Securities Education (SSE)
  • Dr. Pradiptarathi Panda

    Assistant Professor - School for Securities Information and Research (SSIR)
  • Dr. Narsimhulu Siddula

    Assistant Professor - School for Securities Education (SSE)

NISM facilitates campus placement and the placement activity is coordinated by a Faculty Team and the Students Placement Committee. The placement process began with the first company visiting the campus from mid-December every year until March of the next year.

Summer Internship has been an important part of the pedagogy and has also played a vital role in shaping the career of the first year PGDM(SM) students. Summer Placements for the first-year students take place in the first/ second week of March every year.

The institute assists placement of the students by inviting banks, asset management companies, advisory firms, broking houses and other securities markets intermediaries to participate in the campus placement programme. The institute grooms the students for performing challenging and exciting roles in the securities markets. The success of the programme is evident from the sterling on-the-job performance of its alumni.

Download Placement Brochure  2020-22. Click here

Download Placement Report 2020-22.Click here

Download PGDM (SM) Internship Brochure 2021-23. Click here

Tentative Joining March 31, 2021

 

*Above placement schedule is indicative only, and it can be tailored to suit the requirement of the companies.

Placement activities and processes are conducted in collaboration between a Student’s Placement Committee and a Council of Faculty Members

Today, Throughout India, companies hire students with business skills rather than students with textual expertise only. Young Indians are given the opportunity to demonstrate their entrepreneurial skills because of the widespread need for an entrepreneurial generation in India, this idea is strongly supported and promoted by the Government of India who calls this generation the age of innovators. The E-Cell of the National Institute of Securities Markets is at the forefront of this business translation. The NISM’s Entrepreneurship-Cell is a student organization that aims to incubate the pioneering spirit of students who are destined to be the business leaders of tomorrow.
The Entrepreneurship-Cell focuses on helping students advance their entrepreneurial outlook by empowering students with valuable tools, such as providing them a platform to grow their business ideas while also broadening their perspectives through a variety of workshops, industry interactions, student activities that lead to a well-rounded entrepreneur with a risk appetite and awareness that is on par with business players across the globe. Our mission is to create an environment that would illuminate ideas about entrepreneurship development and creative deduction, cultivate a business culture and reach out to a wider audience in both the academic community and the industry for the incubation of business ideas.

Download PGDM(SM) 2022-24 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:academics@nism.ac.in

    For inquiries related to Placement and Internship, please write to us at:

     Email:placement@nism.ac.in

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