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

 

 

 

Fee Structure

Fee Structure of PGDM (SM) for Non-Residential Students

Particulars

First Installment

Second Installment

Third Installment

Fourth Installment

Tuition fee

1,38,000

1,30,000

1,30,000

1,30,000

Books, Study Material etc.

10,000

10,000

10,000

10,000

Exam fee

5,000

5,000

5,000

5,000

Alumni fund

2,000

Total Program fees (A)*

1,55,000

1,45,000

1,45,000

1,45,000

Library Deposit (B)*

10,000

Due Date

15-June-2022

01-Jan-2023

15-Jun-2023

01-Jan-2024

TOTAL

6,00,000

Fee Refund Policy

 If a student chooses to withdraw from the program of study in which he/she is enrolled, the institute will follow the following three-tier system for the refund of fees remitted by the student.

Sr. No Refund Amount Point of time when notice of withdrawal of admission is served to the Institute

1.

The fee paid will be refunded after a flat deduction of Rs. 1,000/- Before commencement of the programme or June 30th whichever is earlier

2.

The fee paid will be refunded after a flat deduction of Rs. 10,000/- After 30th September and the vacant seat is filled by another student from wait list.

3.

The 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 June 30th and the seat remained vacant.

 

Hostel Fees

Particulars First Installment Second Installment Third Installment Fourth Installment
Hostel Charges# 30,000 25,000 30,000 25,000
Food Charges# 31,500 31,500 31,500 31,500
Total Hostel & Mess Fee (A) 63,075 58,075 63,075 58,075
GST on Food 1,575 1,575 1,575 1,575
Hostel Deposit – Refundable (B)* 10,000
Total fees including Refundable deposits (A + B) 73,075 58,075 63,075 58,075
Due Date 15-June-2021 01-Jan-2022 15-Jun-2022 01-Jan-2023
Total 2,52,300

# Twin Occupancy non AC accommodation

The hostel charges mentioned above are towards Twin Occupancy and Non-AC accommodation. The students have an option to upgrade the accommodation in three different types, subject to payment of incremental fee for upgraded accommodation and subject to availability. The annual incremental charges to be paid by the students opting for the upgraded rooms is as under:.

Hostel Fee Occupancy Charges (INR)
AC Twin 20,000
Non AC Single 20,000
AC Single 40,000

Note:

1. If the number of students opting for Air-conditioning (A/C) facilities is less than desired number, NISM may discontinue the A/C services and refund the proportionate incremental charges.

2. It is compulsory to attend the program in residential mode only.

Educational Loan

NISM has been enlisted on VidhyaLaxmi portal for helping students seeking a loan from banks directly. Vidyalakshmi is a centralized website for students seeking an education loan giving access to many banks schemes. This website, allow the student to fill a common education loan application form, that students can use to apply to many banks simultaneously. Visit the following link www.vidyalakshmi.co.in/Students/ to apply for education loan.

Merit Scholarships, Tuition fee waivers, and awards

It is NISMs’ endeavour to make education more affordable for students from all walks of life and ensure that every deserving student gets an opportunity for quality education. Various categories of scholarships have been made available and designed to cater to different students.  Following merit based scholarships and tuition fee waiver schemes are in place:

1. Merit Scholarship: Students who have secured 1st rank at the preceding degree (in an examination where at least 120 students have taken exam in the respective University/ Institute) are eligible for 50% of the tuition fee waiver during the first year. Student shall secure at least 60% of marks along with 90% of attendance in each trimester of first year in order to continue to be eligible for 50% tuition fee waiver for the entire programme.

2. Economically backward students: Economically backward students, with meritorious academic record are eligible for 50% of tuition fee waiver in the first year, whose parent/guardian income is less than Rs. 4.00 lakh per annum. A student shall secure at least 60% of marks along with 90% attendance in each trimester of first year in order to continue to be eligible for such tuition fee waiver.

3. Students from local area: Students from Raigarh (MH) district securing admission in PGDM-SM program are eligible for 30% of tuition fee waiver in the first year. Such students are not eligible for hostel accommodation. Student shall secure at least 60% of marks along with 90% of attendance in each trimester of first year in order to continue to be eligible for 50% tuition fee waiver for the entire program.

4. Best Performing Students: Students are eligible for 50% of tuition fee waiver for the second year for securing the first position/rank in the first year.

5. Fee Waivers for students based on admission merit criteria: Students with 1st Class and above in graduation level along with CAT / XAT / GMAT score of 75 percentile & above and other eligible test scores of 80 percentile & above are eligible for tuition fee waiver up to 50% only in the first year of study.

6. SC/ST and Backward Class students: Students from the SC/ST and Backward class category are eligible for a 50% tuition fee waiver in the first year, subject to the condition that they are selected through a competitive process in terms of prescribed eligibility criteria for selection.

7. Children of employees of SEBI registered entitiesare eligible for 30% of tuition fee waiver in first year of study.

8. Children and Spouse of Staff /outsourced staff: Children and Spouse of Employees of SEBI/NISM and support / outsourced staff of NISM are eligible for 40% of tuition fee waiver in the first year. They should secure at least 60% of marks along with 90% attendance in each trimester of the first year in order to continue to be eligible for such tuition fee waiver.

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?

Candidates are required to register themselves online on
http://slims.nism.ac.in/

Step 1: New Registration: Upon successful registration, a User-ID and Password will be sent to registered email ID and mobile number of the candidate.

Step 2: Fill the Application form and upload all relevant documents.

Step 3: Pay the application fee – Rs 1000/-*

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

 

Important Dates

 

5.Commencement of Program:August 01, 2022

S.No. Particulars Date

 

1. Start Date for Application: January 19, 2022

 

2. Last Date for Application: June 15,2022

 

3. Date of commencement of admission interviews: July 01, 2022
4. Commencement of Program: August 01, 2022

 

 

  • Dr. Rachana Baid

    Professor, HoD - School for Securities Education (SSE)
  • Dr. Venkatachalam Shunmugam

    Consultant-Commodities Education Cell (CEC)
  • Dr. Jinesh Panchali

    Professor - School for Securities Education (SSE)
  • Dr. Latha Chari

    Professor - School for Securities Information and Research (SSIR)
  • Dr. Pradiptarathi Panda

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

    Assistant Professor - School for Securities Education (SSE)
  • Dr. Jatin Trivedi

    Associate Professor - School for Securities Education (SSE)
  • Dr. Rajesh Kumar

    Associate Professor - School for Securities Education (SSE)
  • Mr. M. Krishnamoorthy

    Member of Faculty - School for Corporate Governance (SCG)
  • Mr. Mohd. Meraj Inamdar

    Lecturer - School for Securities Information and Research (SSIR)
  • Mr. Ritesh Kumar Nandwani

    Member of Faculty - 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

    Click here to Apply