Test

Certificate
Sr. Duration No. of Maximum Pass
Name of Module Fees (Rs.) Validity
No. (in Questions Marks Marks (%)
(in years)
minutes)

1 Financial Markets: A Beginners’ Module 1500 120 60 100 50 5

2 Mutual Funds : A Beginners' Module 1500 120 60 100 50 5

Currency Derivatives: A Beginner’s

3 1500 120 60 100 50 5
Module

4 Equity Derivatives: A Beginner’s Module 1500 120 60 100 50 5

Interest Rate Derivatives: A Beginner’s

5 1500 120 60 100 50 5
Module

Commercial Banking in India: A

6 1500 120 60 100 50 5
Beginner’s Module

7 Securities Market (Basic) Module 1500 105 60 100 60 5

8 Capital Market (Dealers) Module * 1500 105 60 100 50 5

9 Derivatives Market (Dealers) Module ** 1500 120 60 100 60 3

10 FIMMDA-NSE Debt Market (Basic) Module 1500 120 60 100 60 5

Investment Analysis and Portfolio

11 1500 120 60 100 60 5
Management Module

NISM-Series-I: Currency Derivatives

12 1000 120 60 100 60 3
Certification Examination

NISM-Series-II-A: Registrars to an Issue

13 and Share Transfer Agents – 1000 120 100 100 50 3
Corporate Certification Examination

NISM-Series-II-B: Registrars to an Issue

14 and Share Transfer Agents – 1000 120 100 100 50 3
Mutual Fund Certification Examination

NISM-Series-IV: Interest Rate Derivatives

15 1000 120 100 100 60 3
Certification Examination

NISM-Series-V-A: Mutual Fund

16 1000 120 100 100 50 3
Distributors Certification Examination ***

17 NSDL–Depository Operations Module 1500 75 60 100 60 # 5

18 Commodities Market Module 1800 120 60 100 50 3

19 Surveillance in Stock Exchanges Module 1500 120 50 100 60 5

20 Corporate Governance Module 1500 90 100 100 60 5

21 Compliance Officers (Brokers) Module 1500 120 60 100 60 5

22 Compliance Officers (Corporates) Module 1500 120 60 100 60 5

Information Security Auditors Module

2250 120 90 100 60
(Part-1)
23 2
Information Security Auditors Module
2250 120 90 100 60
(Part-2)

24 Options Trading Strategies Module 1500 120 60 100 60 5

2000 per
25 FPSB India Exam 1 to 4**** 120 75 140 60 NA
exam

Examination 5/Advanced Financial

26 5000 240 30 100 50 NA
Planning ****

27 Equity Research Module ## 1500 120 65 100 55 2

28 Issue Management Module ## 1500 120 80 100 55 2

29 Market Risk Module ## 1500 120 50 100 55 2

30 Financial Modeling Module ### 1000 150 50 75 50 NA

* Candidates have the option to take the CMDM test in English, Gujarati or Hindi language. The workbook for the module is
presently available in ENGLISH.

** Candidates have the option to take the DMDM test in English, Gujarati or Hindi language. The workbook for the module
is also available in ENGLISH, GUJARATI and HINDI languages.

*** Candidates have the option to take the ‘NISM-Series-V-A: Mutual Fund Distributors Certification Examination’ in
English, Gujarati or Hindi language. The workbook for the module is presently available in ENGLISH.

# Candidates securing 80% or more marks in NSDL-Depository Operations Module ONLY will be certified as ‘Trainers’.

**** Following are the modules of Financial Planning Standards Board India (Certified Financial Planner Certification)
- FPSB India Exam 1 to 4 i.e. (i) Risk Analysis & Insurance Planning (ii) Retirement Planning & Employee Benefits
(iii) Investment Planning and (iv) Tax Planning & Estate Planning
- Examination 5/Advanced Financial Planning

## Modules of Finitiatives Learning India Pvt. Ltd. (FLIP)

### Module of IMS Proschool

The curriculum for each of the modules (except Modules of Financial Planning Standards Board India, Finitiatives Learning
India Pvt. Ltd. and IMS Proschool) is available on our website: www.nseindia.com > NCFM > Curriculum & Study Material.