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 (2021-2022)
1 Trimester I 6 18 18
2 Trimester II 6 18 18
3 Trimester III 6 18 18
 
Summer Internship (Summer 2022)
Summer Internship 06 06
 
Second Year (2022-2023)
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 (2021-2022)
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
106 Excel Skills for Management 30 3

 

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 Organisation Behaviour and Management 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 Research Methods and Data Analytics 30 3
305 Derivatives & Risk Management I 30 3
306A Business Communication II 15 1.5
306B Mutual Funds 15 1.5

 

Summer Internship (Summer 2022)
Summer Internship 6

 

Second Year (2022-2023)
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 Forex Markets and International Finance 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
601 Business Ethics and Corporate Governance 30 3
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 the mandatory certifications within the deadlines indicated by the Program office.
  • For those students who successfully pass the certifications within the deadlines, the institute will reimburse the certification fees to students. The reimbursement will be in form of adjustment against the future program fee installments.
  • If any student fails in the certification attempt, no fee will be reimbursed for such attempt. Also, if the student appears for the certification after the deadline, no fee will be reimbursed for that attempt as well.
  • A student will earn 6 program credits (as part of Course ‘604 Professional Certifications’) on successful completion of all six mandatory certifications. Also, the evaluation and grading for Course ‘604 Professional Certifications’ would be done on the basis of a student’s score and performance in all the mandatory certifications.
  • Passing all six certification exams, identified above, is mandatory for students to participate in the Final Job placements at campus. Also, passing all these six certifications is one of the mandatory requirements for the award of the PGDM (SM) degree.

 

 

Non-Residential Students

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

Particulars

First Instalment

Second Instalment

Third Instalment

Fourth Instalment

Tuition fee

1,25,000

1,20,000

    1,25,000

1,20,000

Books, Study Material etc.

 10,000

10,000

    10,000

    10,000

Exam fee

5,000

    5,000

5,000

  5,000

Library Deposit*

10,000

Alumni fund

2,000

Sub-total

1,52,000

1,35,000

1,40,000

1,35,000

Due Date

20-July-20

01-Jan-21

15-Jun-21

01-Jan-22

TOTAL

5,62,000

Refundable

Hostel Fees

Particulars

First Instalment

Second Instalment

Third Instalment

Fourth Instalment

Hostel Charges

30,000

25,000

30,000

25,000

Food Charges

31,500

31,500

31,500

31,500

Hostel Deposit*

10,000

GST on Food

1,575

1,575

1,575

1,575

Sub-Total

73,075

58,075

63,075

58,075

Due Date

20-July-20

01-Jan-21

15-Jun-21

01-Jan-22

Total                                      2,52,300
Refundable

Note: Hostel accommodation can also be made available on single occupancy as well as with air-conditioning facility on chargeable basis. However, if the numbers of students opting for Air-conditioning (A/C) facilities are less than the desired number, NISM may discontinue the A/C services and refund the proportionate charges.

Fee Refund policy

Institute will refund the fees collected after deducting an amount Rs. 1000/- as processing fee and return the certificates to the students withdrawing from the institutions before the last date of admission for whatever the reasons as per the procedure prescribed by various government guidelines. The last date for withdrawal of admissions for the purpose of refund of fees shall be 5th August 2020.

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 Percentage of Refund of Aggregate fees Point of time when notice of withdrawal of admission is served to the Institute

1.

100% less Rs.1,000/- Before commencement of the programme or August 5th every year whichever is earlier

2.

Less Rs. 10,000/- of full fee  including refundable deposits After August 5th of every year and the vacant seat is filled by another student from the waitlist.

2

0% except for refundable deposits After commencement of the programme or after August 5th of the academic year and the seat remained vacant.

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. Several such scholarships, tuition fee waivers are available and designed to cater to different students from various categories. In all, NISM has instituted 27 such scholarships and tuition fee waivers amounting to approx. Rs. 29 lakhs. These schemes are listed as under:

1. Merit Scholarship: Students who have secured 1st rank at the preceding degree (in an examination where at least 120 students have taken the exam in the respective University/ Institute) are eligible for 50% of the tuition fee waiver during the first year.

2. Economically backward students: Economically backward students, with a meritorious academic record, are eligible for 50% of tuition fee waiver in the first term, whose parent/guardian income is less than Rs. 4.00 lakh per annum.

3. Students from local area: Students from Raigad (Maharashtra) district securing admission in long-term educational programmes are eligible for 30% of tuition fee waiver. Such students are not eligible for hostel accommodation.

4. Fee Waivers for students based on admission merit criteria: Students, with academic merit, are eligible to apply for a fee waiver up to 50% for the first year of study. The following would be the minimum eligibility criteria for making an application for a merit-based fee waiver:

a) 1st Class and above in graduation level, and

b) A score of minimum 75 percentiles in CAT/XAT/GMAT, or a score of minimum 80 percentiles in MAT/CMAT/MHCET/ATMA

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

6. Children of employees of SEBI registered intermediaries are eligible for 30% of tuition fee waiver during first year of study.

7. Children and Spouse of SEBI and NISM employees are eligible for 40% fee waiver during first year of study

8. Best Performing Students: Students undergoing two-year full-time programme are eligible for 50% of tuition fee waiver for the second year for securing the first and second position/rank in the first year.

Eligibility Criteria

Academic Qualification

The applicant for the PG Diploma in Securities Markets 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.

Graduation

  • The bachelor’s degree or equivalent qualification in any discipline (except Fine Arts) of minimum three years duration after completing higher secondary schooling (10+2) or equivalent with at least 50% marks or equivalent CGPA (for General Category) and at least 45% marks (for reserved category) from a university recognized by UGC or equivalent.
  • Applicants in the last year of degree and those who have completed the degree but are awaiting their final results of the bachelor’s degree can also apply.
  • Applicants mentioned in points 2, if selected, have to provide the degree awarded by the university latest by September 30, 2020 until which the registration will be considered as provisional. The registration to the programme will stand cancelled if the applicant fails to submit the degree by September 30, 2020
  • If the applicants have undergone/completed an integrated master’s degree or dual degree directly after their12th, the percentage of marks obtained as per their institute/university norms, which is considered as equivalent.

 

Appearance in Competitive Examinations

Test score from any of these competitive exams – CAT, XAT, CMAT, ATMA, MAT, GMAT or MH-CET (Management).

Candidates whose competitive exam results are not officially announced can submit the application form.

Note: 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 for the Post Graduate Diploma in Securities Markets Management shall be based on the educational qualifications of the candidate, competitive exams and Interview.

How to Apply?

Candidates are required to register themselves online on www.nism.ac.in

Step 1: New Registration:

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

Step 2: Application process:

Thereafter, candidates are required to log in and complete the application process by paying the registration fee. After making the payment of the application fee of Rs 1000/-* the candidates are allowed to submit their application.

Click here for Grievance Redressal

  • Dr. Nitin Tike

    General Manager - Certification, Test and CPE Administration, Controller of Examinations Unit
  • Dr. Rachana Baid

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

    Associate Professor (School for Securities Information and Research (SSIR))
  • Dr. Abhay Nagale

    Assistant Professor (School for Certification of Intermediaries (SCI))
  • Dr. Rajesh Kumar

    Associate Professor (School for Regulatory Studies and Supervision (SRSS))
  • Mr. Ritesh Kumar Nandwani

    Member of Faculty(AGM,SEBI)
  • Mr. Venugopal Sunku

    Member of Faculty (AGM, SEBI)
  • Mr. M. Krishnamoorthy

    Member of Faculty(AGM,SEBI)
  • Dr. Narsimhulu Siddula

    Assistant Professor(School for Securities Education (SSE))
  • Dr. Pradiptarathi Panda

    Assistant Professor (School for Securities Information and Research (SSIR))
  • Mr. Mohd. Meraj Inamdar

    Lecturer (School for Corporate Governance (SCG))

Visiting Faculty

  • Mr. Ronak Moondra

  • Dr. Jinesh Panchali

  • Mr. Sanjeeva Mathur

  • Ms. Charu Sabnavis

  • Mr. R. Kannan

  • Mr. Deepesh Bhargava

  • Dr. Indrajit Sanyal

  • Mr. R. Karthikeyan

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 December mid 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.

  • A mixed batch which is a blend of fresh and experienced Science, IT and Commerce graduates; eager to take up a variety of profiles across the organisation’s hierarchy.
  • Equipped with comprehensive theoretical and practical knowledge of all asset classes and across market segments.
  • Excellent faculty drawn from the cream of academia, industry and SEBI.
  • In-depth unique exposure to SMART lab (Simulated Trading in equities, commodities and F&O), Bloomberg and Financial databases like CMIE prowess.
  • Insights from Finance, Accounting, Economics, Computing, Quantitative Methods and Law

PGDM-SM 2019-21 batch comprises of 31 students which are a blend of fresh Science, Commerce and Arts graduates, eager to take up variety of profiles across the organization hierarchy.

To get details of the Batch click here

To get detailed profile of all students click here

Graduates of past PGDM batches have been placed with Analytics firms, Stock-Brokers, Fund Managers, Banks, Financial Advisors, IT companies, Rating Agency, Investment Banks, Registered Valuers, etc.

To see Past Recruiters, click here

Placement Week  Will be updated soon..
Tentative Joining April 01, 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

To see details of PGDM(SM) Virtual Internship, click here

Download Placement Brochure for 2019-21Click here
Download Placement Brochure for 2018-20.Click here

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 Detailed PGDM(SM) 2020-22 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

    Placement related Email: placement@nism.ac.in

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