Is it easy to pass NISM certifications examinations? or Is it really difficult to clear the NISM tests?
Before taking the NISM exam, many students make such an assumption that NISM certification exams are very difficult to pass. Although this exam is not very easy to clear, but by preparing with a correct strategy, the probability to pass the NISM test increases significantly. We recommend students to practice online tests.
Students who succeed in the NISM examination always prepare for the NISM test under a precise plan. So come, we will try to know, how to prepare well for the NISM exam. First of all let us focus on the list given below with difficulty level or different NISM series exams.
NISM Certification-wise Exam Levels
| NISM Modules | Certification Examination | Exam Level |
|---|---|---|
| NISM Series I | Currency Derivatives | Easy to Moderate |
| NISM Series II A | Registrars and Transfer Agents (Corporate) | Easy to Moderate |
| NISM Series II B | Registrars and Transfer Agents (Mutual Fund) | Easy to Moderate |
| NISM Series-III-A | Securities Intermediaries Compliance (Non-Fund) | Easy to Moderate |
| NISM Series-III-B | Issuers Compliance | Easy to Moderate |
| NISM Series IV | Interest Rates Derivatives | Easy to Moderate |
| NISM Series V A | Mutual Fund Distributors | Easy to Moderate |
| NISM-SeriesV-B | Mutual Fund Foundation | Easy to Moderate |
| NISM-Series-V-C | Mutual Fund Distributors (Level 2) | Easy to Moderate |
| NISM Series VI | Depository Operations | Easy to Moderate |
| NISM Series VII | Securities Operations and Risk Management | Easy to Moderate |
| NISM-Series-VIII | Equity Derivatives | Easy to Moderate |
| NISM Series-IX | Merchant Banking | Easy to Moderate |
| NISM-Series-X-A | Investment Adviser (Level 1) | Easy to Moderate |
| NISM-Series-X-B | Investment Adviser (Level 2) | Easy to Moderate |
| NISM-Series-XI | Equity Sales | Easy to Moderate |
| NISM Series-XII | Securities Markets Foundation | Easy to Moderate |
| NISM Series-XIII | Common Derivatives | Easy to Moderate |
| NISM Series-XIV | Internal Auditors for Stock Brokers | Easy to Moderate |
| NISM Series-XV | Research Analyst | Easy to Moderate |
| NISM-Series-XVI | Commodity Derivatives | Easy to Moderate |
| NISM-Series-XVII | Retirement Adviser | Easy to Moderate |
| NISM-Series-XVIII | Financial Education | Easy to Moderate |
| IBBI- Valuation Examination in the Asset Class | Land and Building | Easy to Moderate |
| IBBI- Valuation Examination in the Asset Class | Plant and Machinery | Easy to Moderate |
| IBBI- Valuation Examination in the Asset Class | Securities or Financial Assets | Easy to Moderate |
Important Points related to NISM Certification Exam
- If you have to work in specific functions of securities markets then it is mandatory for you to pass the NISM certification exams.
- NISM test papers are of moderate difficulty, if directly stated.
- The average passing rate of the NISM certification exam is about 50%.
- The test consists of 100 multiple choice questions with 25% negative marking.
Frequently Asked Questions (FAQs) - NISM Certification Exam Level
- Which type of exam is NISM?
- It is an objective type exam which consists of approximately 100 multiple choice questions.
- How tough is the NISM investment advisor exam?
- We have just discussed it above that NISM is a moderate level exam.
- How tough is NISM Series V-A certification?
- Easy to moderate level.
- Which NISM exam is the most demanded and highly paid in the market?
- It totally depends on the area of work of the banking staffs. However NISM currency derivatives and NISM Mutual Fund certification exam is taken by most of the aspirants.
- Is there any use of nism certifications in getting a job?
- Yes, according to the rules laid by the apex organization (SEBI), it is mandatory for anyone who wants to work in securities markets in India.
- How is the NISM exam question paper?
- It is a computer-based-test and conducted online.
- How difficult is the NISM Series 8 exam?
- Easy level.
- Where can I download study material for NISM?
- Once you register for the NISM certification exam, you will get the link to download the official NISM workbook in PDF format.
- What kind of questions are asked in the NISM Investment Adviser exams?
- There are great benefits of completing the NISM Investment Advisor (Level I and II). Questions include mostly case study questions and come only from the NISM Investment Adviser ebook.
- How do we find NISM exam dates?
- Once you complete NISM exam registration, you will get the exam date and exam center address.
