Benefits of NISM Certificate:-
1. Nationwide Approval:
This certification is accepted by all intermediaries such as brokers, banks, investment banks, asset management companies, and all other stock markets related nationwide. The major objective behind the nationwide acceptance of NISM certification is that it is supported by the stock market regulator, SEBI.
2. To Gain good Profit for your resume:
If you want to go after your career primarily in the capital market, this certificate will add value to your resume.
The job qualification requirements for the capital market job of any asset management company or brokerage house include the requirement for NISM certification.
It also assures companies that the candidate knows the stock market.
3.Supply study material for the examination
The stock market is a very big topic and it has many topics. Studying for this certificate will help you in gaining detailed knowledge of the subject.
When you register for a particular exam, NISM will provide you with a workbook containing all the information related to securities markets such as rules and laws, detailed subject wise chapters with appropriate illustrations and examples.
Along with adding value to the resume, the NISM certificate also provides in-depth knowledge of the securities market.
4. NISM dispense practice through mock tests
While preparing for NISM certification, you can practice the NISM mock test which is provided by the NISM itself.
These mock tests help a lot because they have the same type of questions that come in the actual certification exam.
If you practice these tests well then you will not face any difficulty during the exam.
5. Assist in getting a job
Apart from industry professionals, NISM certification also increases employment opportunities for students from other fields such as economics, marketing, management, and finance. This certification helps in expanding their knowledge domain and also helps them to invest in the securities market.
6. Helps to meet regulatory requirements
This NISM certification has been an essential part of SEBI to work in any capital market institutions.
Therefore, if you want to work in any capital market institution then you have to pass this certification.
For example, if you want to work as a mutual fund distributor in an asset management company, then you must have a NISM Series V A: Certificate of Mutual Fund Distributors certification exam.
7. Demand for fewer fees
The examination fee for NISM certification is also very low. The examination fee is mainly between 1500 - 3000 range depending on the subject.
8. Provides correct information:
The information contained in the NISM workbook is the most reliable, authentic, and accurate information. The NISM workbook serves as a dictionary for students who have questions on any topic related to capital markets.
9. Can be studied from anywhere
NISM workbooks and mock tests can be easily downloaded and then accessed without using the Internet. Thus you can study and practice mock tests from anywhere without worrying about internet access.
10. Helps in spreading financial literacy
Educational institutions and colleges can partner with NISM to provide financial literacy to Indian students. In this way, it will help spread financial literacy to traders and investors who trade or invest in the stock market without any knowledge.