About Post Graduate Program in Investments & Securities Markets
PGPISM is a one-year residential program, where the students get exposure to varied subjects and verticals of investments and 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 etc., 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. PGPISM students are positioned to take up a wide range of roles and responsibilities, such as Analysts, Investment Managers, Treasury Managers, Risk Managers, Compliance Officers, Financial Planners, Wealth Managers, etc.
For Whom?
Participants with a passion for securities markets, and willingness to immerse themselves over one year for in-depth knowledge will find the PGPISM program as an ideal platform to launch their long-term career in the corporate world, financial and securities markets. This program is suited for fresh graduates as well as experienced candidates.
The one year PGPISM 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 PGPISM Program, for taking leadership roles in the financial/securities markets domain.
Where does the PGPISM leads to?
PGPISM can lead the successful participants to the following careers pathways:
• 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
• 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 of NISM for designing a program of this kind is “to create a cadre of securities market professionals”.
Program Architecture
The program is divided into the following four modules.
1. FIRST TERM – Foundation
Course Code | Course Title | Teaching Hours |
---|---|---|
101 | Securities Markets & Introduction to NISM simulation lab | 45 |
102 | Banking Basics | 45 |
103 | Economics for decision making | 45 |
104 | Corporate finance and securities markets | 45 |
105 | Quantitative Tools and Techniques | 45 |
106 | Financial Reporting and Analysis | 45 |
Total Credits | 270 |
2. SECOND TERM – Advance
Course Code | Course Title | Teaching Hours |
201 | Securities Operations and Market Infrastructure Institutions | 45 |
202 | Fixed Income Securities | 45 |
203 | Derivatives & Risk Management | 45 |
204 | Securities Analysis | 45 |
205 | Corporate & Allied Laws | 45 |
206 | Forex and Commodities Markets | 45 |
Total Credits | 270 |
3. THIRD TERM – Application
Course Code | Course Title | Teaching Hours |
301 | Securities Markets Regulations | 45 |
302 | Financial Modelling and Research report writing | 45 |
303 | Investment Management | 45 |
304 | FinTech & Analytics in Financial Markets | 45 |
305 | Treasury management and investment banking | 45 |
306 | Marketing of BFSI products | 45 |
Total Teaching Hours/Credits | 270 |
# For each teaching hour, students are required to put in minimum 2 additional learning hrs.
4. FOURTH TERM – Industry Projects
· The Fourth term is Industry-project term that offers opportunities to the students of the program to deep dive into live market environment and work on various projects and functions with associated entities in the market.
· Students will work under the mentorship of industry experts from MIIs, Banks, Securities Markets Firms, and Regulators etc. on projects. |
NISM Certifications across the four terms:
Mandatory NISM Certifications | |
---|---|
Sl. No. | Name of the Certification Exam |
1 | NISM-Series-XII: Securities Markets Foundation – First Term |
2 | NISM-Series-V-A: Mutual Fund Distributors – First Term |
3 | NISM-Series-XXII: Fixed Income Securities – Second Term |
4 | NISM-Series-VII: Securities Operations and Risk Management – Second Term |
5 | NISM-Series-VIII: Equity Derivatives – Third Term |
Optional NISM Certifications in Fourth term | |
---|---|
Sl. No. | Name of the Certification Exam |
1 | NISM-Series-I: Currency Derivatives |
2 | NISM Series-IX: Merchant Banking |
3 | NISM-Series-X-A: Investment Adviser (Level 1) |
4 | NISM-Series-XIII: Common Derivatives |
5 | NISM-Series-XV: Research Analyst |
6 | NISM-Series-XXI-A: Portfolio Management Services |
7 | NISM-Series-X-B: Investment Adviser (Level 2) |
8 | NISM-Series-XIX-A: Alternative Investment Funds (category I and II) Distributors |
9 | NISM-Series-XIX-A: Alternative Investment Funds (category III) Distributors |
10 | Any other NISM certification depending upon the requirements |
Important points:
Students need to complete all the above mandatory certifications within the deadlines indicated by the Program Calendar. The examination fee for the aforementioned mandatory certifications will be borne by the individual candidates.
Learning environment and Pedagogical Approach
The pedagogy of this program will be practice oriented with an objective of bringing real-life perspectives alongside giving a robust conceptual foundation to the students.
The curriculum is designed in consultation with the industry to ensure that the curriculum is in-line with the current Industry practices and requirements.
The program will be delivered through learner-centric approach using various pedagogical tools including case studies, hands on training on widely used data base and software’s like, Bloomberg, Prowess and others.
NISM, with its proximity to the policy-makers and the industry, draws upon the cream of academia and industry providing cutting-edge inputs in the securities markets domain.
Lectures and hands-on workshop sessions will be conducted by eminent faculty and industry leaders and experts. Students will gain the inputs and industry insights from a team of academicians, market experts and policy makers. There will also be regular interactions with practicing professionals.
The learning environment is further stimulated by industry interface, finance lab with modern technological infrastructure, state-of-the-art campus, extensive library and other recreation facilities. Book reviews, films related to Wall Street and experience sharing sessions with industry experts complement the learning process.
Industry Interface
The institute organizes visits to exchanges, depositories and various market intermediaries providing exposure to industry paradigm. NISM also invites a number of practitioners from the industry for interaction with the participants to share their experiences. These platforms provide opportunities to the participants to develop keen insights to industry practices and nuances.
Finance Lab
The one-of-its-kind trading simulation lab with streaming market data is a key highlight of the program. In addition students will be learning various subjects using databases such as Bloomberg, Prowess, etc. and application software such as MATLAB, SAS, R, WinRATS, E-Views, etc.
Extensive Library
The institute boasts one of the biggest specialized libraries for Finance, which holds a rich collection of over 10000 books on securities markets, domestic and international magazines, newspapers, journals, etc. Through Science-Direct, the library provides access to all leading academic journals in Finance, Economics, Business and Management.
State-of-the-art Campus
NISM’s campus at Patalganga spread over 70 acres of land on the scenic Mumbai-Pune Express-way has state-of-the-art infrastructure that creates an ideal environment conducive for contemplative learning. The eco-friendly campus is Wi-Fi enabled and features well equipped class-rooms, modern auditorium and a vast amphitheater. The campus also has impressive residential blocks with separate hostel facilities for male and female participants.
Recreation Facilities
The participants enjoy the luxury of modern recreation facilities like swimming pool, squash court, gymnasium with modern equipment, table tennis and badminton halls, yoga hall, cafeteria etc., The recreation blocks pose a refreshing environment offering a balance to the academic rigor of the program.
ALUMNI
Over a period of time, NISM has created a cadre of over 1500 securities markets professionals. The alumni of NISM is placed in various organizations including Market Infrastructure Institutions, analytic firms, rating agencies, stock brokers, Asset Management Companies, investment banks, Banks, wealth management firms etc.
Placement Facilitation
NISM’s close connect with the industry will act as an enabler to facilitate the placement of students. The institute assists placement of the participants by inviting reputed organizations in the investment and securities markets domain to the campus placement drive. The participants are groomed for performing challenging and exciting roles in the investment and securities markets. The alumni of various other programs offered by NISM have been inducted in the following organizations through the campus placement program:
Admission Process
Eligibility
• Post Graduate in any discipline from a recognized University.
OR
• Graduate in any discipline with minimum 55% marks from a recognized university in India.
Selection Criteria
Selection to the Program will be through screening of applications based on Academic records including professional experience/ qualification, extra curriculum activities and prior experience. Shortlisted candidates will be called for an online interview. Candidates qualified in the online interviews will be offered admission.
How to apply?
Candidates willing to apply should first register themselves on https://apply.nism.ac.in/pgpism-application-form
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: Application process: Thereafter, candidates are required to log-in and complete the application process by paying application fee. After making the payment of application fee of Rs. 500/- the candidates may submit their application.
Sponsored Candidates
Organization willing to sponsor candidates may approach us directly at apu@nism.ac.in. The employers should furnish an undertaking to grant study leave to the employee for one year. Following government/ autonomous organization may also encourage their employees to purse the PGPISM program:
• Government Departments / Public Sector Undertakings
• Public Companies or Trusts registered with SEBI
• Banks / NBFCs recognized by RBI
• Insurance Companies / Intermediaries recognized by IRDA
Program Fee
The tuition fee for the PGPISM is Rs. 200,000/-. The break-up of the fees is as follows:
Fee Structure of PGPISM Program | ||||
---|---|---|---|---|
Sr. No. | Particulars | First Instalment (Rs) | Second Instalment (Rs) | Total Fee (Rs) |
A | Tuition fee | 1,00,000 | 1,00,000 | 2,00,000 |
B | Library Resources, etc. | 10,000 | 10,000 | 20,000 |
C | Exam fee | 10,000 | 10,000 | 20,000 |
D | Alumni fund | 2000 | – | 2000 |
E | GST @ 18% | 21600 | 21600 | 43200 |
F | Library Deposit (Refundable) | 10,000 | – | 10,000 |
G | Hostel Deposit (Refundable) | 10,000 | – | 10,000 |
H | Accommodation (Non-AC & twin occupancy) | 33,000 | 33,000 | 66,000 |
I | 12% GST on Accommodation Charges | 3,960 | 3,960 | 7,920 |
J | Mess Charges | 37,800 | 37,800 | 75,600 |
K | 5% GST on Mess charges | 1,890 | 1,890 | 3,780 |
Total fees including Refundable deposits | 2,40,250 | 2,18,250 | 4,58,500 |
(Residential charges will be collected for 12 months start from June 01, 2024. Students are allowed to occupy the hostels one day before the start of the program. Students have to vacate the hostel after two days from the date of last trimester examination.)
Fee Refund Policy
If any applicant requests to withdraw his/her admission, the Institute will refund the collected fees after deducting Rs. 10,000/- towards processing fees, provided such withdrawal request is made before the commencement of the program. The last date for withdrawal of admissions for the purpose of refund of fees is before the commencement date of the program. There will be no refund of fee, after the commencement of the program.
Percentage of Refund of Aggregate fees | Point of time when notice of withdrawal of admission is served to the Institute |
100% less Rs.10,000/- | Before commencement of the program |
0% | After commencement of the program |
Important Dates for AY 2024-25
Particulars |
Date |
---|---|
Start Date for Application | February 7th, 2024 |
Last Date for Application | May 1st, 2024 |
Date of commencement of interviews | Dates will be intimated separately |
Commencement of Program | June 03, 2024 (Monday) |
For more information, visit www.nism.ac.in
Admissions Counselling Desk- +91 – 8268002412
Email: pgpism@nism.ac.in
Frequently Asked Questions
-
Dr. Rachana Baid
Professor, Dean (Academics) & HoD - Centre for Capacity Building-1
-
Dr. Kirti Arekar
Professor - Centre for Capacity Building
-
Dr. Jinesh Panchali
Professor - Centre for Capacity Building
-
Dr. Dhiraj Jain
Professor - Centre for Capacity Building
-
Dr. Rajesh Kumar
Professor - Centre for Capacity Building-1
-
Dr. Kapil Shrimal
Associate Professor – Centre for Capacity Building-1
-
Dr. Jatin Trivedi
Associate Professor - Centre for Capacity Building-1
-
Mr. Yogesh Dudi
Deputy General Manager, Centre for Capacity Building-5
-
Dr. Mohd Meraj Inamdar
Assistant Professor, CCB-2
-
Dr. Shreyas Vyas
Assistant Professor - Centre for Capacity Building-1
-
Mr. Suneel Sarswat
Adjunct Faculty