National Institute of Securities Markets, also known as NISM, is a public trust established in 2006. It is certified by the SEBI and CAPSM. It offers admission to the Professional, PG, Diploma, and Certificate programs in the fields of finance, securities markets, data science, and many more.
NISM offers admission to the PGDM (SM) as its flagship program. The total tuition fees of PGDM (SM) at NISM for 2025-26 is INR 6.14 Lakhs for 2 years. To be eligible for admission, candidates must have passed the 10+2 examination from a recognized board and must have passed graduation with a minimum of 50%. The selection criteria is based on CAT, XAT, CMAT, and MAT, followed by Personal Interview.
Know More About NISM Mumbai
NISM Admission Dates 2026
Some important admission dates for NISM are given below-
| Event | Date |
|---|---|
| Online Applications Open | December 20, 2025 |
| Last Date for Submission of Online Application | April 15, 2026 |
| Announcement of Call for Online Personal Interviews | April 23, 2026 |
| Date of Online Personal Interviews | May 04 – 13, 2026 |
| Announcement of First Selection List | June 10, 2026 |
| Announcement of Second Selection List | June 20, 2026 |
| Announcement of Third Selection List | June 30, 2026 |
| Student Orientation and Document Verification | July 10, 2026 |
| Academic Session Begins | July 13, 2026 |
NISM Courses & Fees 2026
NISM offers admission to the PGDM (SM) based on merit performance in the graduation exam and CAT/ MAT / XAT / CMAT scores. NISM PGDM (SM) total tuition fees for 2025-26 is INR 6.14 Lakhs. The details for the NISM Courses & Fees 2025-26 are mentioned below:
| Courses | Total Fees | Eligibility Criteria | Selection Criteria |
|---|---|---|---|
| PGDM (SM) | INR 6.14 Lakhs | 10+2, Graduation with 50% | CAT/ MAT / XAT / CMAT scores |
| LL.M | INR 2.36 Lakhs | LL.B with 50% | NISM Aptitude Test and Personal Interview |
| PGPISM | INR 3.37 lakhs | Graduation with 55%or PG from a recognized university | Academic Records and Personal Interview |
| PGCSM | INR 4 Lakhs | 10+2 with 60% and Graduation with 55% | Aptitude Test and Personal Interview |
Students seeking admission to NISM can refer to Collegedunia for student reviews and more details on the college’s course curriculum overview.
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See what Subodh of PGDM (2020) has to say about the Course Curriculum Overview at NISM
Regarding the Course Curriculum Overview he says, “Course curriculum includes basic courses from finance like Accounting, Spastics, Economics further it moves to advance curriculum like Financial modelling, Derivatives, Smart lab trading. Along with this you have to pass 6 certification mandated by SEBI. ” To read more about his review, click here |
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NISM Admission 2026
NISM offers admission to the PGDM (SM) based on CAT/ MAT / XAT / CMAT / ATMA scores. Candidates must meet the institute’s eligibility criteria for admission to PGDM (SM). Given below is the application process for CAT / MAT / XAT / CMAT.
- Visit the official website, click on register, and create a User ID and password.
- Upload the required documents like photos, signature, and category certificates of OBC/EWS/PwD certificates.
- Pay the application fees via credit/debit card, net banking, or UPI.
- Check the form once, submit and download the confirmation page.
- The merit list will be generated based on the following criteria-
| Component | Weightage (%) |
|---|---|
| Competitive Exam Score (CAT 2025, XAT 2025, CMAT 2025, MAT 2025/26) | 50 |
| Personal Interview (PI) | 30 |
| Past Academics (Xth / SSC) or Equivalent Examination | 5 |
| Past Academics (XII / HSC) or Equivalent Examination | 5 |
| Past Academics (Graduation) | 5 |
| Profile (Academic Diversity and Gender Diversity) | 5 |
| Total | 100 |
NISM Batch Profile
Following is the batch profile of NISM 2025 batch-
NISM Scholarships
NISM provides various kinds of Scholarships to its students. Below are the various NISM Scholarships available to the students:
| Scholarship Name | Eligibility Criteria |
|---|---|
| Merit Scholarship | Students must secure 60% marks in the exam + 90% attendance |
| Economically Backward Students |
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| Students from the local area | Students from Raigad District must secure 60% marks in the exam + 90% attendance |
| Best-performing Students | Eligible students must secure first position/rank in the first year |
| Fee waiver for Students based on admission Merit criteria | Merit performance in graduation + 80% in CAT/GMAT/XAT |
| SC/ST and backward class Students | Merit performance in the first year |
| Children of employees of SEBI-registered entities | Merit performance in the first year |
| Children and Spouses of SEBI and NISM Staff | Students must secure 60% marks in the exam + 90% attendance |
NISM Placements 2025
Some key highlights of NISM Placements 2025 are-
| Particulars | Statistics |
|---|---|
| Placement Percentage | 100% |
| Total number of students | 62 |
| Highest Package | INR 14 LPA |
| Average Package | INR 8 LPA |
NISM PGDM (SM) Placements 2025
Given below is the year-wise statistical data of the Maximum Salary Package and Average Salary Package for NISM PGDM (SM) Placement:
| Particulars | 2025 | 2024 | 2023 |
|---|---|---|---|
| Highest Package | INR 14 LPA | INR 16.32 LPA | INR 14.14 LPA |
| Average Package | INR 8 LPA | INR 9.07 LPA | INR 9.56 LPA |
NISM PGCSM Placements 2025
NISM Placement Data 2025 for PGCSM has not been released yet. However, according to NISM PGCSM Placement Data 2024, eligible students are offered stipends in PGCSM, and below are the details:
| Duration | Description | Stipend Amount |
|---|---|---|
| 9 months | Classroom-training period | INR 10 K per month |
| 3 months | Internship phase with ICICI Bank | INR 50 K per month |
NISM Placements 2025 Top Recruiters
The top recruiters that participated in the NISM Placement drives include renowned MNCs, Banks, Market Infrastructure Institutions, Mutual Funds, Securities Market Firms, and many more. The top recruiters who visited the NISM campus for placement drives are mentioned below:
| Top Recruiters | |||
|---|---|---|---|
| NSDL | Morgan Stanley | Kotak | NSE |
| IDBI Bank | Federal Bank | Philip Central | Yes Bank |
| Edelweiss | Wipro | Cube Wealth | ICICI bank |
NISM vs AHTTC vs METIOM
Candidates can check the detailed comparison of different aspects across NISM, AHTTC, and METIOM below:
| Particulars | National Institute of Securities Markets (NISM) | AlHassan Teacher's Training College, Samastipur(AHTTC) | MET Institute of Management (METIOM) |
|---|---|---|---|
| Establishment Year | 2006 | 2007 | 1989 |
| Flagship Courses | PGDM (SM) | BEd | MMS |
| Popular Courses | LL.M | D.El.Ed | PGDM |
| Total Fees | INR 6.14 Lakhs | INR 1.6 Lakhs | INR 4.4 Lakhs |
| Highest Package | INR 14 LPA | - | INR 20 LPA |
| Average Package | INR 8 LPA | - | INR 7.8 LPA |
NISM Campus Infrastructure
NISM has a sprawling 72-acre campus with a serene environment and state-of-the-art infrastructure at Patalganga (near Mumbai-Pune Expressway). NISM has a finance library, IT infrastructure, well-equipped classrooms, a seminar hall, a conference hall, an amphitheater, an ultra-modern auditorium, a multipurpose hall, and recreation facilities for various activities.
- Library- NISM’s library infrastructure facility in the campus is spread over a 20,000 sq. ft. area. The library resource consists of a collection of over 9400+ books and has subscribed to 7 online databases, i.e., Bloomberg, Prowess, Indiastat, EBSCO, EBSCO E-books, Science Direct, J-gate. The library has also facilitated plagiarism checking through Turnitin software.
- Amphitheatre- NISM has a well-furnished and equipped amphitheatre with having seating capacity of over 1000.
- Sports- NISM provides outdoor and indoor sports facilities like Basketball, Cricket, Volleyball, Football, Tennis courts, Badminton court, Table Tennis, Squash court, a fully equipped gym, a yoga/prayer room, and a pool room as well as a semi-olympic swimming pool.
- Hostel- NISM provides a well-furnished and separate hostel for boys and girls. Each room of the hostel is equipped with a bed, a mattress, a table, a chair, a book rack, and a cupboard with an attached bathroom and toilet. The hostel also provides a laundry and ironing facility.
- Cafeteria- The Halls of residence provide nutritious and hygienic food in multiple cuisines.
Students seeking admission to NISM can refer to Collegedunia for student reviews and more details on the college’s campus life.
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See what Sunondo of LL.M (2020) has to say about the Campus Life at NISM
Regarding the Campus Life he says, “The college conducts various extra curricular activities every year which boosts up the morale of the students. The college conduct seminars and conferences were highly qualified lecturer and professionals address the audience. The college also conducts workshops related to faculty programme, career in securities market, Republic Day celebration, role of directors of listed companies and so on. ” To read more about his review, click here |
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NISM FAQs
Ques. What distinguishes the faculty at NISM's PGDM (SM) program from other Indian colleges?
Ans. The faculty at NISM consists of experienced and highly qualified professors. 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, and securities markets.
Ques. What unique opportunities does NISM offer through its CPFA program to enhance career prospects in financial planning?
Ans. The CPFA program in NISM provides hands-on exercises and case studies that will enhance students’ analytical capabilities and empower them to navigate complex financial scenarios with confidence. The flexible approach of the course is beneficial to both financial professionals and newcomers.
Ques. How do NISM's placement processes and industry connections benefit LL.M graduates specifically?
Ans. According to NISM Placement Data 2024 for LL.M, 47 students were placed in reputed MNCs and Banks with a maximum salary package of 11.59 LPA. The top recruiters who participated in the placement drive were NSDL, Morgan Stanley, Edelweiss, ICICI Bank, IDBI Bank, Wipro, and many more. This shows NISM’s strategic approach towards facilitating the placement of LL.M students.
Ques. What is the selection criteria for LL.M at NISM?
Ans. Eligible candidates must appear for an online test (Remotely proctored) to be selected for LL.M at NISM. 150 candidates will qualify for the interview from all over India and will be given admission based on their performance.
Ques. Is there any placement assistance provided for PGP (PM/IA/RA) students at NISM?
Ans. PGP (PM/IA/RA) in the Securities Market program is meant for working professionals; therefore, no placement assistance is provided. However, the program offers opportunities to connect with industry experts and a cohort of working professionals to explore career opportunities.


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Comments
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The National Institute of Securities Markets (NISM) has opened admissions for its LL.M. in Investment and Securities Law program for the 2025–26 academic session. The application window began on January 17, 2025, and will remain open until April 15, 2025.
All candidates, including those applying under the Industry or industry-sponsored candidates, should appear for the All India Entrance Test conducted in the form of an online interview and selection shall be made solely on that basis. The Total Fees for this course is INR 3.79 Lakhs. Students with an LLB degree or an equivalent examination with a minimum of 50% (45% for reserved category candidates) are elogible for applying for this course.
To apply for the Post Graduate Programme in Securities Markets (PGPSM) at NISM, Mumbai, follow these general steps:
Visit NISM's Official Website: Go to the National Institute of Securities Markets (NISM) official website.
Navigate to PGPSM Section: Find the section dedicated to the PGPSM program. This section typically includes details about the program, eligibility criteria, application process, and deadlines.
Review Eligibility Criteria: Carefully read through the eligibility criteria to ensure you meet all requirements. Eligibility criteria usually include educational qualifications, minimum marks, and sometimes work experience.
Create an Account (if required): Some institutes require prospective students to create an account on their admission portal. Follow the instructions to create your account if this is necessary.
Fill Out the Application Form: Complete the application form with accurate and complete information. Provide details such as personal information, educational background, and any other required details.
Upload Documents: Prepare scanned copies of necessary documents such as educational transcripts, certificates, identification proof, and passport-sized photograph. Upload these documents as per the specifications provided.
Application Fee Payment: Pay the application fee online, if applicable. The fee amount and payment methods are usually mentioned on the website or in the application form.
Submit Application: After filling out the form and uploading all required documents, submit your application online through the portal.
LLB is the required eligibility criteria for LLM admissions. All candidates, including those applying under the Industry or industry-sponsored candidates, should appear for the All India Entrance Test conducted in the form of an online interview and selection shall be made solely on that basis. The Foreign National/ OCI/PIO/NRI Candidates are also selected on the basis of an online interview.
I want to join PGP course but I want to know about fees structure
The total fee of NISM PGP is INR 2.75 lacs. The year wise fee structure has not been released by NISM Mumbai.
No, NISM Mumbai doesn’t offer 3 years degree in management course.
The admission date for the academic session 2024-25 has not been announced yet at the National Institute of Securities Market.
Yes, the National Institute of Securities Market offers maximum courses in offline mode, on campus, and regularly.
You can get the admission to PGPPM provided that you have cleared CAT/ MAT/ CMAT examination with valid scores.
1. What is the fees structure & duration of course ?
The fee structure and duration of NISM Mumbai varies from course to course. Click on the below link to get the fee structure and duration course wise
Link: NISM Mumbai Courses & Fees
You need to appear for and pass either CAT or XAT or CMAT or ATMA or MAT or GMAT or MHCET for taking admission to NISM Mumbai PGDM.
You can contact on official number of NISM Mumbai which is +91 – 8268002412 for collecting information about whether admissions are open or not in NISM Mumbai.