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
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)
|
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.
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 |
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Dr. Rachana Baid
Professor, Dean (Academics) & HoD - School for Securities Education (SSE)
-
Name: |
Dr. Rachana Baid |
Designation: |
Professor, Dean (Academics) & HoD - School for Securities Education (SSE) |
Email: |
rachana.baid@nism.ac.in |
Dr. Rachana Baid is Professor at National Institute of Securities Markets. She has been teaching, consulting, and training in financial markets since 1996. She has been a visiting faculty with XLRI Jamshedpur, S.P. Jain Global School of Management, Mumbai, Singapore and Dubai. Earlier she has taught courses at IIM-Indore, NMIMs Mumbai, and few other management schools. She has worked with Indian Institute of Capital Markets (IICM) for 9 years from 2001 to 2010. At IICM she has conducted more than 200 workshops and training sessions for the professionals in the Indian capital market as well as for the participants from other countries. She has conducted training sessions for the officers of IAS, IRS, and CBI as well as fund managers and senior bankers from the private sector banks and mutual funds.
She has been associated with consultancy assignments for clients in the public sector & private sector. She was the member of a team constituted by BankWorld Inc, Washington, DC as a local capital market expert to assess the United States Agency for International Development (USAID) assistance to Securities and Exchange Board of India (SEBI) and its future technical assistance needs. She has worked on assignments for the government of India in Investor Education & Protection. She has been involved in consultancy/advisory assignments for UTI mutual fund and the Association of Mutual Funds in India. She was part of the secretariat to assist the panel for National Award for Excellence in Corporate Governance 2001.
She has done Ph.D. in finance (2001) and Masters in Commerce (1995) from Osmania University
She has about a dozen research papers to her credit in leading journals.
Publications
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Dr. Latha Chari
Professor & HOD- School for Securities Information and Research (SSIR)
-
Name: |
Dr. Latha Chari |
Designation: |
Professor & HOD- School for Securities Information and Research (SSIR) |
Email: |
latha.chari@nism.ac.in |
Contact: |
91-2266735135 / 91-2192668415 |
Dr. Latha Chari is a Doctorate in Finance from BITS Pilani, Post Graduate in Commerce and a FCMA (Fellow Member of the Institute for Cost Accountants of India). She has an experience of more than 18 years in teaching, research and academic administration and about 9 years in the Industry. She started her academic career as a Fellow with IILM, Lodhi Road, New Delhi. At NISM, Dr. Chari has contributed towards the establishment of Algo and Trading Analytics Lab, where courses related to trading and investment are taught using the delayed asset prices of equity and derivatives received from exchanges. She has developed comprehensive curriculum that enables participants to enhance their investment skills, understand and navigate through highly volatile markets using different trading and investment strategies. She is teaching courses on Financial accounting, Financial Statement Analysis, Corporate finance, Equity research and Valuation, in addition to lab based investment management curriculum, across various full time, part time and training programs. She has been member of the Board of Studies of various Management Institutions and is currently a member of the Research Advisory Committee of SEBI.
Before joining NISM in 2014, Dr. Chari has worked with the Institute for Technology and Management, Navi Mumbai for more than a decade. During her academic tenure she has published papers in various national and international journals. She has also worked on research projects for SEBI and research funded by NSE-NYU under their joint research initiative. She has conducted several MDPs in the areas of financial asset valuation, strategic cost management, fundamental analysis, trading and investment in equities for a wide range of participants comprising of capital market professionals, regulators from both India and abroad.
Dr. Chari’s areas of research interests include strategic cost management, corporate valuations, shareholder value enhancement, market microstructure and Studies assessing the impact of policy decisions on investors, market quality and market integrity.
Publications
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Dr. Kirti Arekar
Professor - School for Securities Education (SSE)
-
Name: |
Dr. Kirti Arekar |
Designation: |
Professor - School for Securities Education (SSE) |
Email: |
kirti.arekar@nism.ac.in |
Contact: |
02192-668369 |
Dr. Kirti Arekar is currently working with National Institute of Securities Markets as a Professor. She has been in teaching, research, training and consulting in Data and Statistical Analysis since 2000. Dr. Kirti worked with K.J. Somaiya Institute of Management, Welingkar Institute of Management (WeSchool) and Narsee Monjee Institute of Management Mumbai. She has been visiting faculty with SP Jain Global Institute of Management, Singapore and Manipal University, Dubai. She has conducted several training programs for corporates like BSE, NSE, BCCI, INS HAMLA, Lumiere, Mahindra & Mahindra and L&T etc. based on Decision Making, Statistics and Data Analysis etc. by using several Software’s i.e. SPSS, EXCEL, EXCEL Solver, MegaStat, Minitab, SAS, R, Python, SAS and QM3+ etc. She has 275 Research publications in International and National Journals. She has presented several Research Papers in many Universities like Harvard University, Manchester, University of Emirates, University of Wellington and Hull University etc.
She has done PhD. in Statistics in 2002 and Integrated Program in Business Analytics from IIM Indore. She has received an award for Best Research paper at Inter 3RD International conference on global independence and decision science, Administrative Staff College of India, Hyderabad, 2008; Best paper awarded by Global Economy and Finance Journal, Canada, 2013 & University of Boston, USA in 2012. Under her guidance two students was awarded Ph.D. degree.
She was awarded as the Best Teacher Award for Excellence in Research & Teaching from Higher Education Forum in 2013; has been also awarded Fellowship from World Business Institute, Melbourne, Australia in 2013 and Best Researcher Award in Higher Education from K.J. Somaiya Institute of Management, Mumbai and Best Faculty Award in Teaching in Excellence from Bombay Management Association, BMA in 2019.
Publications
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Dr. Rajendra R. Vaidya
Senior Professor
-
Name: |
Dr. Rajendra R. Vaidya |
Designation: |
Senior Professor |
Email: |
rajendra.vaidya@nism.ac.in |
Dr. Rajendra R. Vaidya has worked for the Indira Gandhi Institute of Development Research (IGIDR), Mumbai between 1991 and 2022. He has a PhD in Economics from the University of Pune (Gokhale Institute of Politics and Economics). He was awarded the Ford Foundation - Post Doctoral Research Fellowship in Economics - for the academic year 1997-98. Over this period, he was associated with Boston University. His research interests are in the fields of
Empirical Industrial organization, Macroeconomics and Corporate Finance. He has published a number of books and articles in these areas.
He served as a Member of Governing Board National Institute of Bank Management, Pune between 24.9.2011 to 23.9.2014. He held the position of Dean, Academic and Student Affairs from 1.10.2019 to 30.9.2021 at IGIDR.
He has worked on several projects funded by institutions like IDRC, Canada, Asian Development Bank, East Asia Bureau of Economic Research (EABER) and South Asian Bureau of Economic Research (SABER). He was a member of the Committee on the Pricing of Credit set up by The Reserve Bank of India under the Chairmanship of Mr. Anand Sinha, Deputy Governor in January 2012.
He has taught Macroeconomics and Corporate Finance for several years at IGIDR. He also has been a Visiting Professor at IIM Kolkata, XLRI Jamshedpur, SJM School of Management, IIT Mumbai and IIM Nagpur.
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Dr. Jinesh Panchali
Professor - School for Securities Education (SSE)
-
Name: |
Dr. Jinesh Panchali |
Designation: |
Professor - School for Securities Education (SSE) |
Email: |
Jinesh.panchali@nism.ac.in |
Dr. Jinesh has more than 30 years of experience in academics, consulting, and academic administration.
Jinesh is MBA with specialisation in Finance, Ph.D. in Management from Faculty of Management Studies (1994), The M.S. University of Baroda, and a CMA from Institute of Cost Accountants of India.
Before joining NISM, he managed an Advisory firm, Arham Advisors (2016-2021). It has undertaken assignments in domain of M&A, corporate valuation, Management Information Systems, etc.
He has served Indian Institute of Capital Markets, (IICM) (now merged with National Institute of Securities Markets (NISM), for more than a decade including serving as Dean (1995-2007). He has also served as Senior Vice President at Financial Technologies Group, and as Head of its Knowledge Management subsidiary (2007-2014).
He has published in area of corporate governance, ownership and performance, and M&As. He has taught full courses in area of Finance and Strategy, like, M&A, corporate finance, corporate valuation, and corporate restructuring at various IIMs and institutions of national repute.
He has worked on assignments with various Ministries of Government of India and its committees. He has conducted executive education programmes and consultancy assignments for domestic and global capital market regulators, in area of governance, valuation, venture capital, securities markets, and knowledge management frameworks.
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Dr. Dhiraj Jain
Professor - School for Securities Education (SSE)
-
Name: |
Dr. Dhiraj Jain |
Designation: |
Professor - School for Securities Education (SSE) |
Email: |
dhiraj.jain@nism.ac.in |
Dr. Dhiraj Jain is a Ph. D in Management and a Fellow of the Insurance Institute of India. He has a corporate experience of 10 years and an academic experience spanning nearly two decades. His areas of interest include Quantitative Techniques, Business Statistics, Investment & Portfolio Management, Mutual Funds & Financial Derivatives. He has been a Corporate trainer for Equity markets and Mutual Funds for various Financial Institutions, Mutual Funds and Broking Houses and others. He has taken various sessions on Statistics, Research Methodology, Security Analysis and Portfolio Management and Financial Derivatives for management professionals at Wipro, Infosys, Tata Motors, Citius Tech and the like. He is an avid researcher and has a number of research papers, case studies and publications to his credit. His book Marketing Techniques for Financial Inclusion and Development is also indexed in the Scopus database. He has presented papers in various National and International conferences and had also received the best paper award in many of them. He has been a Ph. D guide for the past 8 years. 5 students have completed their Ph. D under his guidance.
Publications.
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Dr. Kapil Shrimal
Associate Professor – School for Securities Education (SSE)
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Name: |
Dr. Kapil Shrimal |
Designation: |
Associate Professor – School for Securities Education (SSE) |
Email: |
kapil.shrimal@nism.ac.in |
Contact: |
+91-9978938182 / 02192- 668356 |
Dr. Kapil Shrimal is Associate Professor at National Institute of Securities Markets; he is having more than 13 years of experience of academics and 1-year experience of corporate. He has started his career with ICICI Prudential LIC and worked with Institutes like Prestige Institute of Management and Research, Indore, Symbiosis University of Applied Science Indore, Marwadi University Rajkot, etc. His last assignment was with PIMR, Indore.
His main area of teaching and research is Financial Planning, Portfolio Management, Derivatives, Financial Modelling, Financial Management, etc. He has conducted many Investment Awareness Program (IAP’s) on behalf of SEBI, NSE and ICAI India.
Dr. Shrimal has received Best Faculty award by Dainik Bhaskar in the year 2012. He has also received Best PhD Thesis award by Jaipuria Institute on Management Indore in the year 2018. He has presented and published research papers in International and National reputes and published one book. Some of his research papers got Best Research Paper awards in International Conferences.
He is into the editorial board and reviewer member of International Journal of Accounting and Financial Management Research. He is also associated with various Universities as a member of Board of Studies, Academic Council and PhD examiner.
Dr. Shrimal has done his PhD in Management (Finance) form Mohanlal Sukhadia University, Udaipur. He has also cleared UGC-NET and RPSC-SET in Management in the year 2012. Has done his MBA (Finance) and BBA from Devi Ahiliya University, Indore He has cleared many NISM certificates, NCFM modules and other certificate courses.
Publications
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Dr. Jatin Trivedi
Associate Professor - School for Securities Education (SSE)
-
Name: |
Dr. Jatin Trivedi |
Designation: |
Associate Professor - School for Securities Education (SSE) |
Email: |
jatin.trivedi@nism.ac.in |
Dr Jatin Trivedi is an Associate Professor at National Institute of Securities Markets. Before joining back NISM, he has worked as Nodal Officer for Queen Marry University of London, UK, and also Nodal Officer for Presidio Graduate School (Seattle and San Francisco – United States Campuses) as its program with Amity University. He has earned “Finance Guru” title and several awards for excellence in teaching the core courses for MBA graduates. MBA Finance and Global MBA programs during his teaching career for over two decades.
He holds Bachelor of Commerce in accounting & auditing, Bachelor of Education in Commerce (Position holder - specialization), Master of Commerce in accounting and financial management (Position holder - specialization), Master of Business Administrations in finance, G.I.T.W with Industrial Mathematics (First class first), DCA (First class first), Bachelor of Education in Commerce (Position holder in specialization) and Ph.D in Finance.
His research area includes Capital markets, International Relations, Corporate Finance, Financial Economics, and International Finance. He has been part of editorial board and invited reviewers in many reputed journals such as Journal of Sustainable Finance and Investment, Journal of Perspective Financing and Regional Development, International Journal of Asian Social Science, Journal of Applied Finance, Academic Research Journal of Finance etc.
Many of his research work that has been published with reputed journals which indexed in ABDC category, Scopus, Web of Science, SCI such as Journal of Business Economics and Management, Scientific Annals of Economics and Business, Annals of Economic Review, Mathematical Applications in Science and Mechanics, International Journal of Economics and Statistics etc. along with national and international authors. He has presented his research work to many national and international conferences which also includes several prestigious European and American conferences including Harvard Conferences, Boston, USA.
He holds membership with Indian Accounting Association, Finance & Accounting Professionals London, Charted Financial Analysts Network, New York, USA, etc. At NISM, he teaches in the areas of Accounting, Finance and Banking to full time post-graduate students in Securities Markets (PGDM – SM) and PGCSM.
Publications
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Mr. Ritesh Kumar Nandwani
Faculty Member & Program Director, PGDM (SM) - School for Securities Education (SSE)
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Name: |
Mr. Ritesh Kumar Nandwani |
Designation: |
Faculty Member & Program Director, PGDM (SM) - School for Securities Education (SSE) |
Email: |
ritesh.nandwani@nism.ac.in |
Contact: |
91-2266735128 / 91-2192668411 |
Ritesh is an Assistant General Manager with Securities and Exchange Board of India (SEBI), and is currently on deputation to National Institute of Securities Markets (NISM). He is a faculty member at NISM and is also the Program Director of the PGDM (SM) program at NISM.
Ritesh is actively involved in teaching and training in long term academic programs as well as corporate training programs at NISM. His teaching interest lies in varied subjects and areas related to Capital Markets, including Fixed Income Securities, Derivatives & Risk Management, Equities Markets, etc.
Before joining NISM, he has worked with SEBI for almost a decade. He has worked in the Investment Management Department and the Corporation Finance Department of SEBI. His areas of expertise include Equities Markets, Corporate Bond Markets, Public Issues and Capital raising, Initial Listing and Continuous compliances, and REITs & InvITs.
Ritesh has participated in various national and international conferences and seminars organised by various institutions and has also been a speaker in many such conferences and seminars. He has also represented SEBI in various meetings and roundtable discussions at multilateral forums such as IOSCO, G20 GFSG, etc.
Ritesh holds a Post Graduate Diploma in Management from IIM Lucknow and an M.Sc. in Wealth Management from Singapore Management University. He is also a CFA charter holder and a Chartered Accountant. Ritesh was also felicitated as India's Best Finance Teachers in 2021 by Association of International Wealth Management of India (AIWMI).
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Dr. Pradiptarathi Panda
Assistant Professor - School for Securities Information and Research (SSIR)
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Name: |
Dr. Pradiptarathi Panda |
Designation: |
Assistant Professor - School for Securities Information and Research (SSIR) |
Email: |
pradiptarathi.panda@nism.ac.in |
Contact: |
91-2192668419 |
Dr. Pradiptarathi Panda is Assistant Professor at the National Institute of Securities Markets (NISM), having a decade of experience in teaching and research. Prior to NISM, Dr. Panda was a research scholar at Indian Institute of Capital Markets (IICM-now merged with NISM). He holds a Master's in Finance & Control (MFC) from Berhampur University, an M.Phil. in Finance from Pondicherry Central University and Ph.D. in Finance from the University of Mumbai and has qualified UGC NET. His Ph.D. thesis “Stock Market Spillovers: Evidence from BRICS Countries” win the Best Doctoral Thesis Award by IIF International Conference and Award Summit 2021 organized by the Indian Institute of Finance.
His areas of research interests Include-International Capital Markets, Derivatives, Interest Rate Futures, Innovative financial instruments, and Financial Economics. His teaching interests are Financial Institutions and Markets (FIM), Applied Financial Econometrics, Financial Computing using R and Python, Research Methods and Data Analytics, Financial Derivatives, Global Financial Markets, Investment Management, and Trading in equity and equity derivatives.
He is a Guest Editor for Asia Pacific Financial Markets (an official journal of Japanese Association of Financial Econometrics and Engineering), and an editorial board member as well as a reviewer for a number of finance journals and World Finance Conferences.
He has published several research papers in indexed journals like ABDC, ABS, Scopus, Web of Science, SCI, along with others. Some of the journals Dr. Panda published his research papers are - Pacific-Basin Finance Journal, International Journal of Finance and Economics, Empirica, The Afro-Asian Journal of Finance and Accounting, Decision, Vision among others. He has presented research papers in a number of international and national conferences; has participated in several workshops and organised a number of Faculty Development Programmes (FDPs), Capital Market Conferences and Workshops.
Dr. Panda conducts market simulation sessions in the SMART Lab for education institutions and reputed cadre of Government of India including IAS, SEBI, RBI, IRS, IES, ICLS, Defence Officers, etc. He has also conducted programmes for officers from the Securities Exchange Commissions and Central Bankers from Cambodia, Laos, Myanmar, Vietnam, Bangladesh and ITEC programme officers.
He is the faculty Co-coordinator of the NISM Alumni Association and Capital Markets Conferences.
Publications etc.
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Dr. Narsimhulu Siddula
Assistant Professor - School for Securities Education (SSE)
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Name: |
Dr. Narsimhulu Siddula |
Designation: |
Assistant Professor - School for Securities Education (SSE) |
Email: |
narsimhulu.siddula@nism.ac.in |
Contact: |
91-2192668418 |
Dr. Narsimhulu Siddula is an Assistant Professor at the National Institute of Securities Markets (NISM) with more than 15 years of Teaching and Research experience. Before joining NISM, he has worked as an Assistant Professor in the Department of Finance & Accounting at ICFAI Business School (IBS), a constituent of ICFAI Foundation for Higher Education (IFHE), Deemed-to-be-University, Hyderabad, Institute of Public Enterprise (IPE), Hyderabad as an ICSSR – Doctoral (Teacher) Research Fellow, and at reputed Management Institutes and Colleges in Hyderabad.
He holds Master of Commerce (M.Com) and Master of Business Administration (MBA) in the area of Finance, and Ph.D in the area of Finance on “Commodity Derivatives: Effectiveness in Price Discovery and Risk Management” from Department of Commerce, Osmania University, Hyderabad. He has qualified UGC – NET in Management and Commerce as well. He is the recipient of Indian Council of Social Science Research (ICSSR) - Doctoral (Teacher) Research Fellowship from Institute of Public Enterprise (IPE), Hyderabad, India (2013-15).
His areas of research interests include – Commodity Markets, Capital Markets, Asset Pricing, Corporate Finance, and Derivatives and Risk Management. He has published research papers in journals indexed in ABDC, ABS, Scopus, and others. He has presented research papers in various international and national conferences, and also participated in several workshops, conferences, and Faculty Development Programmes (FDPs).
His teaching interest lies in various subjects and areas related to Financial Reporting and Analysis, Corporate Finance, Securities Analysis and Equity Valuation, Forex Markets and International Finance, Fundamental Analysis, Commodity Markets, and Financial Risk Management. He teaches in various Full-time Academic and Executive Programmes offered at NISM. Also, takes sessions in training programmes at NISM.
Publications
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 PGDM(SM) Internship Brochure 2022-24. Click here
Placement Begins |
1st December 2022 |
Tentative Joining |
15th April 2023 |
*Above placement schedule is indicative only, and it can be tailored to suit the requirements of the companies.
Placement activities and processes are conducted in collaboration between the Student’s Placement Committee and Placement Office.
he 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.
Read more about NISM’s Entrepreneurship-Cell and its activities. Click here

It gives me great pleasure to write the testimonial for the new recruits from your institute on behalf of IDBI. “NISM students are resourceful individuals, who carry a positive behavior & are of good ethos, NISMians have fulfilled their responsibilities well and took initiative in work assigned to them they have gelled well with their team.Their learning capabilities are good and all the reporting officers are happy with their performance. We,at IDBI are extremely proud to be associated with NISM.” I wish NISM and its team all the very best for your future endeavors.
Ram Prasad Pati
Manager-HR
IDBI Bank

“Our organization has been hiring students from NISM, as interns and on full-time basis, for the past 3 years. It has always been a smooth process in terms of recruitment from the Organization. Students come with the motive to learn and excel in their career. Even in times of COVID-19,it is nice to see that students are proactive and are willing to work from home with the same effectiveness as working from an office.”
Archit Lohia
Founder
CareerTopper.com

The Bank has recruited candidates from NISM over the years to perform roles at T r easury and its Operations in the Bank. The financial market knowledge acquired by them through NISM have been found suitable for the roles.
Sreekanth I V
Deputy Vice President
The Federal Bank Ltd

Very impressed with the calibre of candidates; we are quite keen to continue the relationship
Nosheen Khan
VP - Marketing
Markit, London