NISM: Admission 2026, Fees, Courses, Cutoff, Ranking, Placement

Mumbai, MaharashtraEstd 2006
Sazmeen Reyaz's profile photo

Sazmeen Reyaz

Content Specialist | Updated 3+ months ago

NISM Latest Updates and News

18 Jul, 2026 XAT 2027 registration begins @xatonline.in. Register by Dec 6. The exam will be held on Jan 3, 2027 (2 PM to 5 PM). Read News.

23 Jun, 2026 MAT September 2026 MBA exam schedule is out @mat.aima.in. Check the latest events below-

  • PBT exam registrations are open till Sept 7, and the exam will be conducted on Sept 13.
  • CBT exam registrations will close on Sept 14. The exam will be held on Sept 20, 2026Read More

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.

See what Subodh of PGDM (2020) has to say about the Course Curriculum Overview at NISM

NIMS Student Review

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


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.

  1. Visit the official website, click on register, and create a User ID and password.
  2. Upload the required documents like photos, signature, and category certificates of OBC/EWS/PwD certificates.
  3. Pay the application fees via credit/debit card, net banking, or UPI.
  4. Check the form once, submit and download the confirmation page.
  5. 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
  • Parents’ income < INR 4 LPA
  • Students must secure 60% marks in the exam + 90% attendance
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.

See what Sunondo of LL.M (2020) has to say about the Campus Life at NISM

NISM Student Review

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


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.

Courses Offered By NISM 2026

Clear
1 year
(Full Time)
Application Date26 Apr - 15 Jun 2026
465 Views(Last year)
Fees Structure
1 year
(Full Time)1.7(6 reviews)
Application Date12 Apr - 02 Jun 2026
229 Views(Last year)
Fees Structure
Post Graduate Program 
₹10.14 LTotal Fees
1 year 3 months
(Part Time)
Application Date28 Mar 2025
CoursesResearch Analysis & 2 more
146 Views(Last year)
Fees Structure
Post Graduate Certificate 
₹1.41 L - 8.1 LTotal Fees
1 year
(Full Time)
CoursesFintech & 1 more
63 Views(Last year)
Fees Structure
Certification 
₹1.05 L - 2.36 LTotal Fees
6 months
(Part Time)
Application Date4 Apr - 15 Jun 2026
CoursesData Science & 1 more
18 Views(Last year)
Fees Structure

Do you think the fees are wrong ?  Report Here

NISM Upcoming Important Dates 2026


Expired Events

EventsDates
Commencement of Classes for Session 2026 [PGDM] (SM)
Jul 13, 2026
Student Orientation & Document Verification for Admission [PGDM] (SM)
Jul 10, 2026
Announcement of Third Selection List for Admission [PGDM] (SM)
Jun 30, 2026

Do you think the Dates are wrong ?  Report Here

Course Finder

Search from 20K+ Courses and 35+ Streams

Clear

NISM: 9 Answered Questions

can i opt hostel at NISM without mess?

Vinima Bhola

Usually, students at the National Institute of Securities Markets (NISM) are unable to choose hostel accommodations without also having to pay the mess fees.
"Hostel Charges" and "Food Charges" are expressly combined into a single total amount in NISM's hostel fee structure. Both components are included in the listed fees, along with a breakdown for each installment. The hostel facility is available "with mess food and other facilities," according to student reviews.
Thus, it would seem from the information given that the mess service is a crucial component of the NISM hostel lodging package.

...Read More
0
0

can i opt hostel at NISM without opying mess?

Vinima Bhola

The National Institute of Securities Markets' (NISM) hostel fees are as follows: 
• Accommodations: ?6,000 per month 
• Food: ?7,000 per month (plus ?350 for GST on food).

 • The monthly total is ?13,350.
 The official fee schedule and lodging rules make no mention of the possibility to choose a hostel without mess (meal) fees.

...Read More
0
0

I am planning to join PGPSM from NISM. Is it really worth to boost my career in securities market?

Sounak Banerjee
Aditya MukherjeePGDM Securities Market, National Institute of Securities Markets (2020)

PGPSM from NISM is a good option if you are aiming for a career in Securities Market. But this program is different from typical PGDM programs offered by B-Schools. In this course, you will learn about shares, derivatives, fixed income markets, various software related to the financial market, etc. The course structure is flexible, you will get ample time to pursue other courses such as CFA, CS, etc. 

NISM placements are good. In 2022 the average CTC and the highest CTC offered were INR 7.8 LPA and INR 13.67 LPA. Students get job offers such as Business Development Manager, Business Analyst, Wealth Manager, etc. 

...Read More
0
0

Are the NISM exams tough?

Akshara Gupta,MBA from Kurukshetra University (2017)

The difficulty level of the NISM exams ranges between average to moderately high. For some exams, the contents and way of testing could be more complicated than the others. 

  • The NISM Investment Advisor Exams (Level 1 and 2) contain more practicals as compared to the other courses. 
  • On the other hand, exams like the NISM (Series VI) Depository Operations Certification Examination contain a very high share of theory portion in their syllabus.

To pass a module, you need to secure a minimum of 60% in most of the module exams. Also the exams come with a negative marking of 25% per question. 

Very few exams like NISM (Series VA) Mutual Funds Distributors Certification Examination have a minimum passing marks criteria of 50% and they do not have any negative marking.

You can take the help of test prep training for practice papers as they will provide you with good resources.

...Read More
0
0

How much valuable are the certification courses of NSE BSE NISM?

Sonal Vaid
Aravind Das,MBA in Accounting & Finance, Anna University, Tamil Nadu, India (2010)

The certifications provided by NISM, NSE, and BSE are for educational purposes. They are valuable in the sense that it confirms your awareness about the particular segment.

Example: If you have cleared the NISM Series VIII exam, then it shows that you have enough knowledge about the equity derivatives segment and are qualified to be a dealer. But that is the extent of the matter. It does not certify that you know everything about equity derivatives.

  • They are mainly useful to develop functional knowledge about stock markets in India. 
  • It increases your understanding of how the markets work and hence improves your knowledge.
  • These certifications are only useful for regulatory compliance purposes.

Like every course, it will teach you all the basics that you need to know. It will open up a lot of options. But practical knowledge and experience are always valued more than certificates.

...Read More
1
0

Is there any use of nism certifications in getting a job?

Sugandhi Sood
Sreeparna Hazra,B.Com from University of Delhi (2020)

The National Institute of Securities Markets (NISM certification) exams and educational programs serve different segments of intermediaries focusing on varied product lines and functional areas.

  • The skills, expertise, and ethics of professionals in the securities markets are necessary for providing effective intermediation to investors. 
  • This also helps in increasing investor confidence in market systems and processes. 
  • The School for Certification of Intermediaries (SCI) by NISM under SEBI ensures that market intermediaries meet defined minimum benchmarks of required functional knowledge. 
  • This is managed through Certification Examinations and Continuing Professional Education Programs on Mutual Funds, Equities, etc.
  • The Nism program at Fincradle assists candidates with internships in derivatives and equity research. 
  • They are supported by industry experts from companies like Boston Consulting Group, McKenzie, Crisil India, HSBC, etc.
  • Internships make you industry-ready.
  • The Certification changes quality market professionals and catalyzes greater investor participation in the markets. 
  • It provides structured career paths for students and job aspirants in the securities markets.

You can secure a job in Financial Intermediaries, Banks, Secondary Market players, Advisory firms or can be self-employed. You need to be persistent and professional to see the future ahead in the Securities Market.

...Read More
0
0

Can someone provide any guidelines to help me in the preparation for NISM Equity Derivatives Examination?

Shivani Tiwari
Utsav Sahastudied at BIT Mesra (2017)

NISM - VIII Equity Derivatives Examination is one of the toughest examinations in the NISM series. In order to perform well in the examination, you will need a good understanding of derivatives, it’s uses, and their operations. The passing mark is 60% and there will be a deduction of 0.25 marks for each wrong answer. 

One of my friends recently took the examination and according to him, just reading the workbook provided by them is not enough to perform well in the examination. You will need to practice numerical too. My friend used an app called ‘NISM Equity Derivatives See 8’. The app had around 500 questions and solutions. According to my friend it was quite helpful for preparation. 

There are no shortcuts for scoring well in NISM-VIII. In order to perform well, you need to have a thorough understanding of Indian derivatives segments.  

...Read More
0
0

Which one is better NCFM or NISM? Are they meaningful? Why or why not?

Sakshi Gupta
Senjuti GuptaB.Com from University of Delhi (2020)

NCFM and NISM, both certificates are at par with each other. The basic difference among the certificates is that NCFM is organized by NSE (National Stock Exchange of India Ltd.) and NISM is conducted by SEBI (Securities Exchange Board of India). 

  • Both these certificates have different categories of modules specializing in mutual funds, derivatives, interest rates, equity research, technical and fundamental analysis, etc. You can do either of the two certifications, based on what domains are available as per your interest. 
  • NCFM started with the objective of spreading financial literacy at a basic level for every individual. While NISM is a mandatory requirement for anyone who wants to begin their career in security markets in India. 

NCFM and NISM certifications are definitely meaningful. These will help you improve your knowledge in finance as well as add points to your resume.

...Read More
0
0

How is the ICICI business leadership program at NISM?

Aniket PatranabishMBA from Gujarat University (2016)

A few of my friends pursued the ICICI Business leadership program at NISM. According to their experience, the program is quite unique. 

  • Selection to the program is done in three steps, i.e. written test, GD, and PI. Getting selected will not be difficult. However, the PI round can be tough. HR can ask tricky questions, you should be confident with your answers.
  • The ROI of the program is excellent because you hardly invest anything. 
  • The certification and the degree will help you if you want to switch careers. 

Security markets are a great area to work in and ICICI is an excellent organization that has produced many Stewarts over the years. If you are thinking of pursuing the ICICI Business leadership program at NISM, you should go for it. 

...Read More
0
0
View All Questions and Answers

NISM College Details

Basic Information About the Colleges

Plot No. IS 1 & IS 2, Patalganga Industrial Area, Mohopada, Rasayani
Mumbai - 410222
Maharashtra, India
Get SMS Contact:  02192-668300
Get Call Details:  02192-668300
Website Link:  https://www.nism.ac.in/
Copy Direction

Comments


Found 12 Comments

S
sheryl clemens alapatt
Apr 11, 2025 11:06
When will the LLM course admissions begin?
S
Sweta Kumari
Apr 14, 2025 23:56

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.

K
kaushal joshi
Jul 3, 2024 23:02
Please can you send me in depth details about LLM one yera course.
A
Anushka Dutta
Jul 4, 2024 22:56

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.

S
sagendra kasdekar
Jun 28, 2024 21:14
How to apply nism pgpsm
S
Sweta Kumari
Jun 29, 2024 16:14

To apply for the Post Graduate Programme in Securities Markets (PGPSM) at NISM, Mumbai, follow these general steps:

  1. Visit NISM's Official Website: Go to the National Institute of Securities Markets (NISM) official website.

  2. 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.

  3. 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.

  4. 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.

  5. 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.

  6. 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.

  7. 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.

  8. Submit Application: After filling out the form and uploading all required documents, submit your application online through the portal.

M
manshi
Feb 3, 2024 16:24
When can I apply for llm entrence exam in Nism?
S
Sweta Kumari
Feb 4, 2024 19:55

 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.

A
achal
Jan 4, 2024 21:31

I want to join PGP course but I want to know about fees structure

A
Ashish Ramtari
Jan 5, 2024 07:18

The total fee of NISM PGP is INR 2.75 lacs. The year wise fee structure has not been released by NISM Mumbai. 

S
shameed nb
Dec 27, 2023 00:01
Does nism academy provide 3 year degree in management course after +2
S
Shikhar Srivas
Dec 28, 2023 22:57

No, NISM Mumbai doesn’t offer 3 years degree in management course.

C
charu nandwani
Dec 14, 2023 00:30
Form when admission are open for the year 2024?
S
Sweta Kumari
Dec 18, 2023 19:52

The admission date for the academic session 2024-25 has not been announced yet at the National Institute of Securities Market. 

A
ajit
Dec 4, 2023 17:57
Have you any off line classes
S
Sweta Kumari
Dec 5, 2023 23:09

Yes, the National Institute of Securities Market offers maximum courses in offline mode, on campus, and regularly. 

J
jaya mishra
Nov 24, 2023 23:26
Can I get admission in PGPPM
A
Ashish Ramtari
Nov 25, 2023 06:58

You can get the admission to PGPPM provided that you have cleared CAT/ MAT/ CMAT examination with valid scores.

H
harshada bhoir
Oct 25, 2023 17:45

1. What is the fees structure & duration of course ?

A
Ashish Ramtari
Oct 27, 2023 08:22

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

S
sanjana chopda
Mar 18, 2023 14:46
How to apply in PGDM in NISM College
A
Ashish Ramtari
Mar 19, 2023 07:45

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. 

R
rakesh ranjan
Dec 9, 2022 23:59
I want to llm course this year.....any possibility
A
Ashish Ramtari
Dec 10, 2022 06:58

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.


- No More Comments -