National Institute of Securities Markets (hereinafter referred to as the Institute or NISM) is an Institute established by Securities and Exchange Board of India (SEBI) to build human resource capacity in the area of securities markets as well as across the financial sector. It is an autonomous public trust governed by its Board of Governors. Chairperson, SEBI is the ex-officio Chairperson of the Board of Governors.

NISM is involved in capacity building for the securities markets and conducts various capacity building activities including long and short term certification courses, mandatory certification of market intermediaries, Management Development Programs (MDPs), investor education and financial literacy programs and other related activities. It has significant industry interface and linkages.

NISM is currently operating from a state-of-the-art campus on a 70-acre plot of land at Patalganga, about 60 KMs from the Mumbai airport on Mumbai-Pune Express Highway.

For more details, please visit NISM’s website – www.nism.ac.in.

NISM invites applications for the post of Professor of Practice (on Contract) and Adjunct Faculty from experienced and accomplished industry and management professionals, with an excellent track record in respective domain areas, in the following areas of proficiency:

i. Economics
ii. Fixed Income Securities
iii. Derivatives and Risk Management
iv. Wealth Management, Investment Advisory & Portfolio Management
v. Equity Research
vi. Securities Markets Operations
vii. ESG and Sustainable Finance
viii. Commodities Markets
ix. Banking & Treasury Management
x. Data Science

The aforesaid faculty are expected to facilitate the use of innovative teaching and learning tools, support a practice-oriented pedagogy by promoting creativity and innovation, take responsibility of designing curriculum and teaching content for different programs as per the norms of the Institute, create content and conduct executive development programs and web-based education programs and other activities assigned from time to time.

The faculty are also expected to promote industry-institute linkages through a wide range of activities, including supporting various capacity building centres and programs, resource generation, involving themselves in placements etc.

I. PLACE OF POSTING:

The initial posting of the selected candidate will be at NISM Campus, Plot No. IS-1, IS-2, Patalganga Industrial Area, Mohopada (Wasambe), Rasayani, District Raigad, Maharashtra – 410222. NISM may, depending on its requirements, post them to its any other facilities/ offices.

 

II. ELIGIBILITY CRITERIA:

Candidates with at least a Master’s degree (or equivalent professional qualification) and a having a good academic record, with not less than 15 years of managerial or professional experience in the areas of specialization mentioned above, shall be eligible for the posts of Professor of Practice/Adjunct Faculty. Candidates should have worked in senior management positions for at least 5 years. Candidates with teaching experience will be given preference.

The above criteria may be relaxed for Adjunct Faculty on the basis of the profile of the candidate.

The upper age limit for applicants will be 62 years, as on July 01, 2024.

 

III. DURATION OF ENGAGEMENT:

The engagement shall be on a contractual basis for a period of three years with a one year probation. The contract may be further extended based on performance.

IV. COMPENSATION / REMUNERATION:

Gross monthly emoluments for Professor of Practice will be fixed on consolidated basis ranging from Rs 1.75 L to Rs 2.25 L (all inclusive) and shall be commensurate with that of the profile of the candidate, including qualification and experience in relevant areas, as applicable.

The compensation for Adjunct Faculty shall be decided mutually, basis qualification and relevant experience.
The faculty shall be governed by workload norms as stipulated by the Institute from time to time.

Besides, suitable accommodation at NISM’s Patalganga campus, subject to availability if any, can be made available according to the terms and conditions set by NISM.

 

V. HOW TO APPLY:

1. Interested candidates may submit their applications along with detailed CV online through the link provided below:

 

 

2. This is a rolling advertisement and will remain active from July 19, 2024 to July 18, 2025. Candidates can submit their applications any time throughout the year.

3. Applications received on or before 10th August 2024 will be processed in the first phase. Applications received subsequently will be processed in phases, as deemed appropriate by the Institute. In case of any issues/difficulty in filling the application online, please feel free to connect with us at hrd@nism.ac.in OR 02192-668402.

4. Physical applications or applications that are incomplete, will not be considered.

 

VI. GENERAL INSTRUCTIONS:

1. Mode of Selection shall be an interaction of the short-listed candidates with a “Selection Committee for Recruitment of Faculty” constituted for the purpose.

2. The Institute reserves the right to modify the mode of selection, if deemed fit. It reserves the right to raise the minimum standards in respect of age / qualification / experience, in order to restrict the number of candidates to be called for the interaction. Thus, merely fulfilling the eligibility criteria laid down in the advertisement as regards age/qualifications/experience would not automatically entitle any candidate to be called for the interaction.

3. The Institute reserves the right to reject any or all the applications without assigning any reasons therefor. The Selection Committee may seek nominations from various sources including from eminent persons in the field and or may seek candidature from suitable persons.

4. Canvassing in any form will disqualify the candidate.

5. Candidates shall satisfy themselves about their eligibility for the post applied for. The Institute shall determine their eligibility only at the final stage.

6. If the candidates are not eligible or have knowingly or willfully furnished incorrect or false particulars or suppressed material information, their candidature will be liable to be rejected at any stage of the selection. If the candidate qualifies in the selection process and subsequently it is found that he/she does not fulfill the eligibility criteria, his/her candidature will be cancelled and, if appointed, the contract would be terminated without any notice or compensation.

7. The decision of the Institute in all matters would be final and binding, and no correspondence in this regard would be entertained.

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