NISM conducted a customized two-day training program on IFRS for 24 officers and fund managers of Kotak Mahindra Asset Management Company. The objective was to provide insights into financial statements prepared under IFRS standards, which take effect in India in April 2011. NISM and its collaborating partner Deloitte covered major differences between IFRS and Indian GAAP standards and the key impacts of IFRS on sectors such as manufacturing and financial services. The program aimed to help analysts and fund managers understand and adapt to the new IFRS reporting framework.
This document discusses special economic zones (SEZs), their objectives and common features. It provides examples of the performance of export processing zones (EPZs) in select countries like Mauritius, Bangladesh, Sri Lanka and Mexico. Some factors for the success of SEZs identified include private development, business friendly labor laws, the role of government as facilitator, developing sector specific and larger zones, and linkages with domestic industries. The document also outlines Exim Bank of India's role in providing policy inputs and its vision of creating export capabilities and developing relationships with export oriented companies.
Vskills Certification in Equity Research focuses on developing the necessary skills for the purpose of advising investors and financial institutions to make profitable investment decisions in the capital market by providing a brief overview of the global markets and an understanding of the stock market movements. The certification assesses the candidate’s qualitative and quantitative skills for stock evaluation, analyzing and interpretation of annual reports and the basic techniques of valuation.
http://www.vskills.in/certification/Certified-Equity-Research-Analyst
This workbook was developed by the National Institute of Securities Markets (NISM) to help candidates prepare for the NISM-Series-VIII: Equity Derivatives Certification Examination. It provides an overview of the equity derivatives markets in India, including index basics, futures, options, and common trading strategies. The workbook contains 7 chapters covering the history and evolution of derivatives markets, major stock indices, futures and options fundamentals, pricing concepts, and strategies like spreads, straddles, and strangles. It aims to help readers gain a foundational understanding of the Indian equity derivatives space and prepare for the certification exam.
This document is a workbook intended to help candidates prepare for the National Institute of Securities Markets (NISM) certification examination for mutual fund distributors. It provides an overview of mutual funds in India, including their concept and role, types of funds, key constituents and service providers, the legal and regulatory environment, transactions and investment plans for investors, accounting practices, taxation, and return and risk considerations. The workbook aims to equip candidates with the necessary knowledge required to work as effective distributors and sellers of mutual fund products and services in compliance with all regulations.
Free Download | Study Notes for NCFM Derivatives Market Dealers Module based on Latest Syllabus updated till July 2012. NCFM Stands for National Stock Exchange Certification in Financial Markets.
The document is a report on the Indian mutual fund industry after the recession submitted by Abhishek Saurabh to fulfill requirements of his PGDM program. It discusses the structural framework of the mutual fund industry in India including roles of key players like sponsors, trustees, asset management companies, registrars and transfer agents. It also provides an overview of the evolution and classification of mutual funds in India and analyzes performance of selected funds during and after the recession.
This document provides information about the NISM-Series-V-A certification examination for mutual fund distributors. It discusses the objectives of the exam, which are to assess knowledge of mutual funds, distribution practices, legal and regulatory frameworks, and financial planning as it relates to mutual fund investing. The exam consists of 100 multiple-choice questions to be completed in 2 hours, with a passing score of 50%. The workbook was developed to help candidates prepare for the certification and covers topics like mutual fund concepts, structure, regulations, documents, distribution channels, accounting practices, taxation, and investor services.
The document provides information about the PGDM (Post Graduate Diploma in Management) program offered by VYAS Institute of Management in Jodhpur, India. The 2-year full-time PGDM program is AICTE approved and offers dual specializations in both an industry area and functional area. The program focuses on practical skills and has industry-linked curriculum, training, workshops and seminars. It provides facilities like library, labs, hostels and placement assistance. Graduates receive the PGDM degree along with additional value-added certifications and have career opportunities in various industries.
This document discusses special economic zones (SEZs), their objectives and common features. It provides examples of the performance of export processing zones (EPZs) in select countries like Mauritius, Bangladesh, Sri Lanka and Mexico. Some factors for the success of SEZs identified include private development, business friendly labor laws, the role of government as facilitator, developing sector specific and larger zones, and linkages with domestic industries. The document also outlines Exim Bank of India's role in providing policy inputs and its vision of creating export capabilities and developing relationships with export oriented companies.
Vskills Certification in Equity Research focuses on developing the necessary skills for the purpose of advising investors and financial institutions to make profitable investment decisions in the capital market by providing a brief overview of the global markets and an understanding of the stock market movements. The certification assesses the candidate’s qualitative and quantitative skills for stock evaluation, analyzing and interpretation of annual reports and the basic techniques of valuation.
http://www.vskills.in/certification/Certified-Equity-Research-Analyst
This workbook was developed by the National Institute of Securities Markets (NISM) to help candidates prepare for the NISM-Series-VIII: Equity Derivatives Certification Examination. It provides an overview of the equity derivatives markets in India, including index basics, futures, options, and common trading strategies. The workbook contains 7 chapters covering the history and evolution of derivatives markets, major stock indices, futures and options fundamentals, pricing concepts, and strategies like spreads, straddles, and strangles. It aims to help readers gain a foundational understanding of the Indian equity derivatives space and prepare for the certification exam.
This document is a workbook intended to help candidates prepare for the National Institute of Securities Markets (NISM) certification examination for mutual fund distributors. It provides an overview of mutual funds in India, including their concept and role, types of funds, key constituents and service providers, the legal and regulatory environment, transactions and investment plans for investors, accounting practices, taxation, and return and risk considerations. The workbook aims to equip candidates with the necessary knowledge required to work as effective distributors and sellers of mutual fund products and services in compliance with all regulations.
Free Download | Study Notes for NCFM Derivatives Market Dealers Module based on Latest Syllabus updated till July 2012. NCFM Stands for National Stock Exchange Certification in Financial Markets.
The document is a report on the Indian mutual fund industry after the recession submitted by Abhishek Saurabh to fulfill requirements of his PGDM program. It discusses the structural framework of the mutual fund industry in India including roles of key players like sponsors, trustees, asset management companies, registrars and transfer agents. It also provides an overview of the evolution and classification of mutual funds in India and analyzes performance of selected funds during and after the recession.
This document provides information about the NISM-Series-V-A certification examination for mutual fund distributors. It discusses the objectives of the exam, which are to assess knowledge of mutual funds, distribution practices, legal and regulatory frameworks, and financial planning as it relates to mutual fund investing. The exam consists of 100 multiple-choice questions to be completed in 2 hours, with a passing score of 50%. The workbook was developed to help candidates prepare for the certification and covers topics like mutual fund concepts, structure, regulations, documents, distribution channels, accounting practices, taxation, and investor services.
The document provides information about the PGDM (Post Graduate Diploma in Management) program offered by VYAS Institute of Management in Jodhpur, India. The 2-year full-time PGDM program is AICTE approved and offers dual specializations in both an industry area and functional area. The program focuses on practical skills and has industry-linked curriculum, training, workshops and seminars. It provides facilities like library, labs, hostels and placement assistance. Graduates receive the PGDM degree along with additional value-added certifications and have career opportunities in various industries.
The document provides details about a project report submitted for a Master of Business Administration degree. It discusses a study conducted on consumer perception and behavior regarding Verka dairy products in Punjab, India. The report includes an introduction covering the dairy cooperative Milkfed and Verka Milk Plant in Mohali. It then discusses the research methodology, data analysis, conclusions, SWOT analysis, and recommendations from the study.
Riskpro India Ventures provides integrated risk management consulting services to mid-large sized companies in India. It has offices in major cities like Delhi, Mumbai, and Bangalore. Riskpro helps foreign companies enter and establish operations in India through services like feasibility studies, regulatory compliance advice, and developing entry strategies. It assists with evaluating options for corporate structure, financing, and implementing plans to successfully set up and grow businesses in India.
Riskpro India Ventures provides integrated risk management consulting services to mid-large sized companies in India. It has offices in Delhi, Mumbai, and Bangalore, and alliances in other cities, managed by experienced professionals. Its services include feasibility studies, regulatory compliance, taxation advice, and strategy for foreign companies entering and expanding in India. It assists with market research, competitive analysis, legal entity setup, and risk assessment to help clients successfully establish operations.
Riskpro India Ventures provides integrated risk management consulting services to mid-large sized companies in India. It has offices in major cities and alliances in other cities, managed by experienced professionals. It offers quality advisory services at affordable rates compared to large firms. Riskpro's services include feasibility studies, risk assessments, regulatory compliance support, taxation advice, and developing entry strategies and corporate structures for foreign companies entering the Indian market. It helps clients mitigate risks and smoothly establish operations in India.
Riskpro India Ventures provides integrated risk management consulting services to mid-large sized companies in India. It has offices in major cities and alliances in other cities, managed by experienced professionals. It offers quality advisory services at affordable rates compared to large firms. Riskpro's services include feasibility studies, entry strategy consulting, corporate structure design, regulatory compliance, taxation advice, and risk mitigation for foreign companies entering the Indian market. It helps clients develop a roadmap for smooth market entry and long-term business operations in India.
Riskpro India Ventures provides integrated risk management consulting services to mid-large sized companies and financial institutions in India. It has offices in Mumbai, Delhi, and Bangalore and alliances in other cities, and is managed by experienced professionals. Riskpro's services include business risk consulting, strategic roadmap development, regulatory compliance, taxation advisory, and operational growth support after business setup. The company aims to be the preferred risk management service provider in India through a focus on risk management and a hybrid delivery model.
A project report on attrition and retention stretegy Jagruti Patel
AnandRathi is a leading full-service investment bank and wealth management firm in India founded in 1994. It has over 350 locations across India and international offices in Hong Kong, Dubai, and London, employing over 2,500 professionals. The firm provides services like private wealth management, investment banking, stock broking, commodity broking, real estate private equity, and insurance broking. It has expanded rapidly since inception and launched new services and business lines over the years while maintaining high standards of ethics and client focus.
This document provides an overview of the May 2012 issue of The Management Accountant magazine published by the Institute of Cost Accountants of India.
The issue contains articles on various topics related to international transfer pricing such as arm's length pricing, thin capitalization, applicable taxation, and the current landscape in India. Case studies are also included on the Indian jute industry and Bharat Sanchar Nigam Ltd. Additional articles cover human resource management, project management, banking, financial reporting, and economic matters.
The document lists the contents of the magazine issue, including editorials, articles, case studies, and other regular sections. It also provides contact information for the Institute of Cost Accountants of India.
Mba finance project_sharpes_single_index_model_project_report_final_Salim Palayi
This chapter provides an overview of the stock market industry and stock exchanges in India. It discusses that a stock market, also known as the equity market or share market, is a market for shares issued by public companies. Stock exchanges provide a platform for buyers and sellers to trade in stocks and securities. Some key points discussed include:
- A brief history of stock markets dating back to 12th century France and the role of stock exchanges.
- The primary and secondary markets that make up the capital market. The secondary market is also known as the stock market.
- The purpose of a stock exchange is to facilitate trading of securities between buyers and sellers and provide price discovery. It also allows companies to raise capital and
India Infoline Ltd. is one of the largest financial services companies in India, offering broking, wealth management, credit, insurance, asset management, and investment banking services. It was founded in 1995 and has grown significantly, with revenues increasing 28.1% from 2008-2009 to 2009-2010. The company has over 1,300 locations across India and offices internationally as well. Its strategy focuses on financial services, risk management, customer service, talent acquisition, and growing its business divisions.
The document provides an overview and comparison of DSP Black Rock and HDFC mutual funds. It discusses the introduction and background of DSP Black Rock mutual fund, which was established as a joint venture between DSP Group and BlackRock. It also provides details on DSP Black Rock's views, profile, products/funds offered, which include 23 types of mutual fund schemes. For HDFC mutual fund, it highlights it is one of the major fund houses in India and among the oldest.
India has become the globally most preferred destinations for conducting business operations today. The key drivers of business growth in India includes the huge investment potential, lower operating costs, skilled workforce, emerging markets with tremendous business opportunities that is available to foreign investors. These positive indicators have attracted many foreign corporations to set up their business operations in India.
Seeing the Indian growth story and future outlook we’re pleased to launch our India Entry Consulting services in addition to our existing bouquet of Risk advisory, Consulting, Training & Human Capital Services. Our services are offered through our multi location delivery centres in major metros with total presence in 11 Indian cities network. Our India business entry services is directed at providing the right platform to entrepreneurs/ corporates around the globe to take their business initiative in India in a well-informed, strategically driven manner.
“We are quoted in recent Economic Times news as among fastest growing risk consulting firms in India.” (
Riskpro India Ventures provides integrated risk management consulting services to mid-large sized companies and financial institutions in India. It has offices in Mumbai, Delhi, and Bangalore, and alliances in other cities. Riskpro's team of experienced professionals offers services including feasibility studies, regulatory compliance, corporate structuring, taxation advisory, and operational risk management. Its value proposition includes high quality deliverables and advisory services typically provided by large firms, but at more affordable rates.
Kotak Mahindra Mutual Fund is one of the largest asset management companies in India. It was established in 1998 by Kotak Mahindra Bank. The company manages a variety of mutual fund products across equity, debt, and other categories. Some of its popular funds include Kotak 50, Kotak Equity Opportunities Fund, and Kotak Bond Fund. The company aims to be the number one AMC in India through good market mobilization and increasing awareness of mutual funds.
Using focus groups with low-income mothers, researchers explored opinions on developing a text message-based nutrition education program. Three focus groups provided feedback on program design aspects like message frequency and language, and evaluation aspects like survey format. Researchers found that participants preferred simple language in messages and shorter, clearer surveys. This input helped the researchers design a more effective texting program called Text2BHealthy to promote nutrition and physical activity.
Diabetes is a group of metabolic diseases where a person has high blood sugar. It can be caused by genetic and environmental factors like obesity, fast food, lack of exercise, and an unbalanced diet. Consequences of diabetes include cardiovascular disease, kidney disease, eye damage, and nerve damage. Treatment involves exercise, a healthy diet, insulin as needed, and regular checkups.
Polymetis LLC is an independent boutique firm that provides due diligence, research, and advisory services focusing on alternative investments. It offers comprehensive due diligence reports and ongoing monitoring of managers. The firm's principals have over 40 years of combined experience evaluating hedge funds and building alternative investment programs. Polymetis believes that a successful alternative investment program requires a meaningful long-term commitment of expertise and resources.
El documento proporciona instrucciones para crear un menú en Visual Basic 6.0 que enlace tres programas realizados anteriormente en clase: 1) un programa que determina cuántos números son pares y cuántos son impares dado un conjunto de N números por teclado, 2) un programa que calcula la suma y el promedio de N números por teclado, y 3) un programa que determina el número mayor dado N números por teclado. El menú incluirá opciones para cada programa y las instrucciones proveen los pasos para su creación.
Agile Offsharing: Using Pair Work to OvercomeNearshoring DifficultiesMobileSolutionsDTAG
This document discusses using distributed pair programming (DPP) to overcome challenges with nearshoring software development. It proposes "Agile Offshoring" which maximizes cross-site communication through DPP instead of separating technical work by location. Key steps include finding pairing volunteers, establishing technical infrastructure like Saros for distributed editing, arranging knowledge transfer tasks between pairs, and refining the process through reflection. Research shows competent pairs can work fluently with DPP and it facilitates knowledge transfer, though awareness limitations must be addressed. The approach was deemed plausible by experts and is being evaluated further.
This document proposes establishing research and development habitats and knowledge centers across different levels of the Indian education system to promote applied learning through a novel feedback mechanism from government institutions. It outlines establishing centers equipped with smart classrooms that provide access to scientific resources and career guidance from the primary to graduate levels. Funding and incentives are suggested to support student projects, access to foreign labs and journals, and pilot commercial projects to foster innovation in India.
The document provides details about a project report submitted for a Master of Business Administration degree. It discusses a study conducted on consumer perception and behavior regarding Verka dairy products in Punjab, India. The report includes an introduction covering the dairy cooperative Milkfed and Verka Milk Plant in Mohali. It then discusses the research methodology, data analysis, conclusions, SWOT analysis, and recommendations from the study.
Riskpro India Ventures provides integrated risk management consulting services to mid-large sized companies in India. It has offices in major cities like Delhi, Mumbai, and Bangalore. Riskpro helps foreign companies enter and establish operations in India through services like feasibility studies, regulatory compliance advice, and developing entry strategies. It assists with evaluating options for corporate structure, financing, and implementing plans to successfully set up and grow businesses in India.
Riskpro India Ventures provides integrated risk management consulting services to mid-large sized companies in India. It has offices in Delhi, Mumbai, and Bangalore, and alliances in other cities, managed by experienced professionals. Its services include feasibility studies, regulatory compliance, taxation advice, and strategy for foreign companies entering and expanding in India. It assists with market research, competitive analysis, legal entity setup, and risk assessment to help clients successfully establish operations.
Riskpro India Ventures provides integrated risk management consulting services to mid-large sized companies in India. It has offices in major cities and alliances in other cities, managed by experienced professionals. It offers quality advisory services at affordable rates compared to large firms. Riskpro's services include feasibility studies, risk assessments, regulatory compliance support, taxation advice, and developing entry strategies and corporate structures for foreign companies entering the Indian market. It helps clients mitigate risks and smoothly establish operations in India.
Riskpro India Ventures provides integrated risk management consulting services to mid-large sized companies in India. It has offices in major cities and alliances in other cities, managed by experienced professionals. It offers quality advisory services at affordable rates compared to large firms. Riskpro's services include feasibility studies, entry strategy consulting, corporate structure design, regulatory compliance, taxation advice, and risk mitigation for foreign companies entering the Indian market. It helps clients develop a roadmap for smooth market entry and long-term business operations in India.
Riskpro India Ventures provides integrated risk management consulting services to mid-large sized companies and financial institutions in India. It has offices in Mumbai, Delhi, and Bangalore and alliances in other cities, and is managed by experienced professionals. Riskpro's services include business risk consulting, strategic roadmap development, regulatory compliance, taxation advisory, and operational growth support after business setup. The company aims to be the preferred risk management service provider in India through a focus on risk management and a hybrid delivery model.
A project report on attrition and retention stretegy Jagruti Patel
AnandRathi is a leading full-service investment bank and wealth management firm in India founded in 1994. It has over 350 locations across India and international offices in Hong Kong, Dubai, and London, employing over 2,500 professionals. The firm provides services like private wealth management, investment banking, stock broking, commodity broking, real estate private equity, and insurance broking. It has expanded rapidly since inception and launched new services and business lines over the years while maintaining high standards of ethics and client focus.
This document provides an overview of the May 2012 issue of The Management Accountant magazine published by the Institute of Cost Accountants of India.
The issue contains articles on various topics related to international transfer pricing such as arm's length pricing, thin capitalization, applicable taxation, and the current landscape in India. Case studies are also included on the Indian jute industry and Bharat Sanchar Nigam Ltd. Additional articles cover human resource management, project management, banking, financial reporting, and economic matters.
The document lists the contents of the magazine issue, including editorials, articles, case studies, and other regular sections. It also provides contact information for the Institute of Cost Accountants of India.
Mba finance project_sharpes_single_index_model_project_report_final_Salim Palayi
This chapter provides an overview of the stock market industry and stock exchanges in India. It discusses that a stock market, also known as the equity market or share market, is a market for shares issued by public companies. Stock exchanges provide a platform for buyers and sellers to trade in stocks and securities. Some key points discussed include:
- A brief history of stock markets dating back to 12th century France and the role of stock exchanges.
- The primary and secondary markets that make up the capital market. The secondary market is also known as the stock market.
- The purpose of a stock exchange is to facilitate trading of securities between buyers and sellers and provide price discovery. It also allows companies to raise capital and
India Infoline Ltd. is one of the largest financial services companies in India, offering broking, wealth management, credit, insurance, asset management, and investment banking services. It was founded in 1995 and has grown significantly, with revenues increasing 28.1% from 2008-2009 to 2009-2010. The company has over 1,300 locations across India and offices internationally as well. Its strategy focuses on financial services, risk management, customer service, talent acquisition, and growing its business divisions.
The document provides an overview and comparison of DSP Black Rock and HDFC mutual funds. It discusses the introduction and background of DSP Black Rock mutual fund, which was established as a joint venture between DSP Group and BlackRock. It also provides details on DSP Black Rock's views, profile, products/funds offered, which include 23 types of mutual fund schemes. For HDFC mutual fund, it highlights it is one of the major fund houses in India and among the oldest.
India has become the globally most preferred destinations for conducting business operations today. The key drivers of business growth in India includes the huge investment potential, lower operating costs, skilled workforce, emerging markets with tremendous business opportunities that is available to foreign investors. These positive indicators have attracted many foreign corporations to set up their business operations in India.
Seeing the Indian growth story and future outlook we’re pleased to launch our India Entry Consulting services in addition to our existing bouquet of Risk advisory, Consulting, Training & Human Capital Services. Our services are offered through our multi location delivery centres in major metros with total presence in 11 Indian cities network. Our India business entry services is directed at providing the right platform to entrepreneurs/ corporates around the globe to take their business initiative in India in a well-informed, strategically driven manner.
“We are quoted in recent Economic Times news as among fastest growing risk consulting firms in India.” (
Riskpro India Ventures provides integrated risk management consulting services to mid-large sized companies and financial institutions in India. It has offices in Mumbai, Delhi, and Bangalore, and alliances in other cities. Riskpro's team of experienced professionals offers services including feasibility studies, regulatory compliance, corporate structuring, taxation advisory, and operational risk management. Its value proposition includes high quality deliverables and advisory services typically provided by large firms, but at more affordable rates.
Kotak Mahindra Mutual Fund is one of the largest asset management companies in India. It was established in 1998 by Kotak Mahindra Bank. The company manages a variety of mutual fund products across equity, debt, and other categories. Some of its popular funds include Kotak 50, Kotak Equity Opportunities Fund, and Kotak Bond Fund. The company aims to be the number one AMC in India through good market mobilization and increasing awareness of mutual funds.
Using focus groups with low-income mothers, researchers explored opinions on developing a text message-based nutrition education program. Three focus groups provided feedback on program design aspects like message frequency and language, and evaluation aspects like survey format. Researchers found that participants preferred simple language in messages and shorter, clearer surveys. This input helped the researchers design a more effective texting program called Text2BHealthy to promote nutrition and physical activity.
Diabetes is a group of metabolic diseases where a person has high blood sugar. It can be caused by genetic and environmental factors like obesity, fast food, lack of exercise, and an unbalanced diet. Consequences of diabetes include cardiovascular disease, kidney disease, eye damage, and nerve damage. Treatment involves exercise, a healthy diet, insulin as needed, and regular checkups.
Polymetis LLC is an independent boutique firm that provides due diligence, research, and advisory services focusing on alternative investments. It offers comprehensive due diligence reports and ongoing monitoring of managers. The firm's principals have over 40 years of combined experience evaluating hedge funds and building alternative investment programs. Polymetis believes that a successful alternative investment program requires a meaningful long-term commitment of expertise and resources.
El documento proporciona instrucciones para crear un menú en Visual Basic 6.0 que enlace tres programas realizados anteriormente en clase: 1) un programa que determina cuántos números son pares y cuántos son impares dado un conjunto de N números por teclado, 2) un programa que calcula la suma y el promedio de N números por teclado, y 3) un programa que determina el número mayor dado N números por teclado. El menú incluirá opciones para cada programa y las instrucciones proveen los pasos para su creación.
Agile Offsharing: Using Pair Work to OvercomeNearshoring DifficultiesMobileSolutionsDTAG
This document discusses using distributed pair programming (DPP) to overcome challenges with nearshoring software development. It proposes "Agile Offshoring" which maximizes cross-site communication through DPP instead of separating technical work by location. Key steps include finding pairing volunteers, establishing technical infrastructure like Saros for distributed editing, arranging knowledge transfer tasks between pairs, and refining the process through reflection. Research shows competent pairs can work fluently with DPP and it facilitates knowledge transfer, though awareness limitations must be addressed. The approach was deemed plausible by experts and is being evaluated further.
This document proposes establishing research and development habitats and knowledge centers across different levels of the Indian education system to promote applied learning through a novel feedback mechanism from government institutions. It outlines establishing centers equipped with smart classrooms that provide access to scientific resources and career guidance from the primary to graduate levels. Funding and incentives are suggested to support student projects, access to foreign labs and journals, and pilot commercial projects to foster innovation in India.
The document provides an overview of key themes and passages in the Gospel of Matthew. It discusses Matthew's portrayal of Jesus establishing the Kingdom of God through his ministry and teachings, including the Sermon on the Mount. Jesus invites people into the Kingdom through parables and miracles, emphasizing love for God and neighbor as the greatest commandments. The Kingdom represents living in right relationship with God and others through continual response to God's invitation.
The document provides an overview of the various technology areas (TAs) that NASA is involved in to support space exploration and aeronautics research. It lists over 30 different TAs ranging from launch technologies, in-space propulsion, aerodynamics, communications, robotics, manufacturing, materials science, and more. The TAs involve developing technologies to enable space travel, enable scientific discovery, and support astronauts. The document aims to catalog NASA's extensive research efforts across many engineering and scientific disciplines.
Preparing For The Changing Dynamics And Scope Of Federal Preemption In The Pr...Rachel Hamilton
Cheryl Slipski, EVP & General Counsel, TxVia, Inc., New York, NY
Robert Rowe, Vice President & Senior Counsel, Center for Regulatory Compliance, American Bankers Association, Washington, DC
This document provides an overview and comparison of leading financial systems software packages. It summarizes the features and capabilities of Microsoft Dynamics GP and SL, Sage Mas/90/200 and AccPac ERP, and Intacct. The seminar objectives are to help organizations decide when to replace their financial system, review the selection process, and provide demonstrations of Dynamics GP, SL and Intacct. Key criteria for evaluating software such as functionality, customization needs, costs and vendor support are also discussed.
The document provides information about recruitment for 36 stenographer positions at Bhabha Atomic Research Centre (BARC) in Mumbai and Navi Mumbai, India. It details that 28 positions are for Stenographer Grade III and 8 are for Stenographer Grade I. The eligibility is matriculation and the age limit is 27 years for general candidates and 30-32 years for reserved categories. Candidates must apply online by May 31, 2013. The selection process will involve a written test, skill test, and interview.
The document discusses several influences on the foundations of the US government:
1) China contributed ideas of Confucian philosophy emphasizing family values and hierarchy, as well as merit-based civil service exams.
2) Ancient Greece developed philosophy and democracy, including the Socratic method of intellectual discussion that influences the modern legal system.
3) Western European philosophers like Locke, Rousseau, and Montesquieu influenced ideas around natural rights, social contracts, and separation of government powers that were incorporated into the US Constitution.
This document advertises and provides details about the TiE Mumbai Smashup event on April 6, 2013. The event will bring together startups to learn from each other through an informal "un-conference" format involving modules like open pitches, mentoring, networking, and celebrations. The goal is to help startups improve by sharing experiences and insights in a high-energy, non-commercial way.
Infra systems manufactures various automation sensors and products for home, building, and industrial automation. This includes digital counters, timers, safety guards, anti-crane collision switches, and other devices. The company's products are used to automate processes, improve safety, and save on electricity and water costs when used in homes and buildings. Infra systems also makes safety guards that use infrared beams to detect objects in dangerous machine areas.
Let's go viral for nhs change day powerpoint finalJoe McCrea
The document provides information about NHS Change Day, which is an event for staff in the UK's National Health Service (NHS) to pledge improvements. It outlines that thousands will participate by pledging ideas, no matter how small. It then gives 3 simple ways to harness social media for NHS Change Day: 1) use the NHS Change Day post-it note icon, 2) follow and share NHS Change Day content, 3) share pledges and show support on platforms like Twitter, Facebook, LinkedIn, and podcasts. The goal is to engage many voices in bringing positive change to NHS.
The document provides information on various events and activities undertaken by the National Institute of Securities Markets (NISM) in July 2010. It discusses the launch of certification examinations in Depository Operations, Security Operations, and Equity Derivatives. It also summarizes an IFRS training program for analysts being offered by NISM in collaboration with Deloitte. Additionally, it provides details on the commencement of the Certified Securities Market Professional program and an empanelment process for financial literacy resource persons.
In November 2010, NISM launched a first of its kind, mandatory certification examination titled: Securities Operations and Risk Management (SORM) Certification Examination.It covers the operational aspects of securities markets which include trading, clearing and settlement, redressal of investor grievances, risk management etc. In this Issue of NISM Update we share with you more details of this certification examination.
This chapter discusses the investment landscape and provides context for understanding mutual funds. It covers key topics such as:
1. Investors have different financial goals like children's education, retirement, buying a home, etc. Investments should be made based on the investor's specific needs and goals.
2. Savings provide liquidity and security while investments aim for higher returns over the long run by taking on some risk. Different asset classes like equity, debt, real estate, etc. offer varying risk-return tradeoffs.
3. Investment risks include market risk, credit risk, liquidity risk, etc. Risk can be measured using tools like standard deviation and reduced through diversification and asset allocation.
4
NISM Series V-A MFD Certification Examination_June 2022_Final.pdfMeenakshiVerma100651
This document is a workbook for the NISM certification examination for mutual fund distributors. It provides an overview of the certification program and aims to assist candidates in preparing for the exam. The workbook covers important topics related to mutual funds including the concept and role of mutual funds, their legal structure in India, the regulatory framework, scheme related information, fund distribution practices, NAV calculation, taxation, investor services, performance evaluation and scheme selection. The workbook is intended to help candidates gain a better understanding of the Indian mutual fund industry and enhance the quality of services provided by mutual fund distributors.
This document provides an introduction to the workbook for the NISM-Series-VIII: Equity Derivatives Certification Examination. It discusses the history and evolution of derivatives markets globally and in India. It describes the objectives of the certification examination which are to understand equity derivatives products, trading strategies, clearing and settlement processes, and the regulatory environment in India. The workbook covers these topics over 10 chapters to help candidates prepare for the examination.
Nism series v a mutual fund distributors-final feb 2017-new workbookAnurag Agarwal
This workbook has been developed to assist candidates in preparing for the National Institute of Securities Markets (NISM) Certification Examination for Mutual Fund Distributors.
Certified Personal Financial Advisor (CPFA) ExaminationNISM
The National Institute of Securities Markets is an educational initiative established by the Securities and Exchange Board of India to enhance the quality of securities markets. It seeks to build capacity in the securities market through professional education programs. One such program is the Certified Personal Financial Advisor examination, which tests knowledge on concepts like financial planning, investment risk management, retirement planning, and regulations. The exam is aimed at professionals providing personal finance and investment advice.
The document is a workbook for candidates preparing for the NISM Level 2 Investment Adviser certification examination. It covers topics related to understanding securities markets and performance, operational aspects of financial transactions, personal and comprehensive financial planning, product analysis and selection, and regulatory compliance aspects relevant for investment advisers. The workbook provides guidance on key concepts and preparation for the certification examination.
The document is a workbook that provides guidance for candidates preparing for the NISM Series XV Research Analyst Certification Examination. It covers topics relevant to research analysis including the Indian securities market, equity and debt market terminology, fundamentals of research, economic analysis, industry analysis, company analysis, corporate actions, valuation principles, risk and return, qualities of a good research report, and the legal and regulatory environment for research analysts. The workbook aims to enhance the skills and knowledge of research analysts to improve the quality of research provided in the financial services industry. It will assist candidates in understanding the subject matter and preparing for the certification examination.
This document provides information about the NISM certification examination for mutual fund distributors. It begins with a foreword describing NISM's role in professional education and certification. It then covers topics like the structure of mutual funds in India, different types of mutual fund schemes, concepts of asset allocation and risk profiling. The document is intended to help candidates prepare for the certification examination by covering all important topics related to mutual funds, their distribution, and associated legal, accounting and taxation aspects. It aims to enhance the quality of sales and distribution in the mutual fund industry by establishing a common benchmark of required knowledge.
This document provides an overview of investment concepts and mutual funds for candidates preparing for the NISM Certification Examination for Mutual Fund Distributors.
It begins with an introduction explaining the purpose of the workbook is to assist candidates in understanding topics related to mutual funds and their distribution. It then provides details on the structure of the examination, registration process, and NISM's role in developing professionals in the financial sector.
The document outlines the contents which will cover all important topics regarding mutual funds including the concept and role of mutual funds, their legal structure in India, regulations, scheme details, distribution practices, accounting practices, performance evaluation, taxation, and investor services. It aims to enhance understanding of the Indian mutual fund industry
Nism-series-v-a- mutual fund distributors workbook-sep 2015rukhsar khan
This document provides information about the NISM Series V-A Certification Examination for Mutual Fund Distributors, including an introduction to the exam workbook, details about NISM and the certification program, and an overview of the exam. Specifically, it states that the workbook covers topics related to mutual funds, financial planning, scheme evaluation, and recommending products to investors. It also notes that the exam aims to establish a common minimum knowledge benchmark for anyone involved in selling or distributing mutual funds.
Nism series-v-a- mutual fund distributors workbook-sep 2015Mayank Shah
This document provides an introduction to mutual funds, outlining their key concepts and roles:
- A mutual fund is a vehicle that pools money from investors to invest in securities like stocks and bonds, according to a stated objective. It allows investors access to a professionally managed, diversified portfolio.
- Mutual funds play roles for investors and the economy. For investors, they aim to help build wealth and earn income through different investment opportunities. For the economy, they facilitate projects that promote employment, economic growth, and government revenue.
- Mutual funds offer various schemes to tap money from diverse investors and pursue different investment objectives like income, growth, or a mix of both. This benefits companies, governments, and the overall
This document provides an overview of derivatives and the Indian derivatives market. It discusses the basics of derivatives including their history and evolution. The key types of derivatives are forwards, futures, options and swaps. The major participants in the derivatives market are hedgers, speculators and arbitrageurs. Derivatives can be exchange-traded or over-the-counter. The Indian derivatives market started in 2000 with the introduction of index futures and options on the NSE and BSE. Key regulators and committees that helped develop the regulatory framework for derivatives in India are also mentioned.
Summer Internship Project Report for KARVYAman-rai
This document provides an overview of a summer internship project submitted for a Master's degree program. It includes an introduction, table of contents, and outlines several chapters that will discuss the securities industry and stock market in India, the company Karvy and its services, demat accounts, research methodology, data analysis, findings and recommendations. The project aims to analyze customer satisfaction regarding demat services provided by Karvy.
This document is a workbook intended to help candidates prepare for the National Institute of Securities Markets (NISM) Certification Examination for Retirement Advisers. It covers topics related to retirement planning, products, strategies and the National Pension System. The goal of the certification is to enhance the knowledge and quality of retirement advisers. The workbook will discuss concepts of retirement, products, evaluation tools, compliance and more to assist exam preparation.
The National Institute of Securities Markets (NISM) is an educational initiative established by the Securities and Exchange Board of India (SEBI) to enhance the quality of securities markets through capacity building programs. NISM aims to lead educational initiatives in areas like financial literacy, professional education, governance standards, and policy research through its six schools of excellence. It is governed by a Board of Governors and advised by an international Advisory Council.
Making it big through innovation and diversificationZeeshan Ali
CDC was established in 1997 to provide electronic custody and settlement of securities through its Central Depository System (CDS), introducing the country's first electronic depository. It has since diversified and developed new services like trustee and custodial services, investor account services, and share registrar services. CDC focuses on investor protection, using technology to provide convenient access and exceeding customer expectations. It collaborates with other international depositories and organizations to continuously improve and learn best practices through knowledge sharing.
This document provides information about a 4-day Technical Analysis and Trading Behavior workshop offered by Corporate Bridge Academy. The workshop will cover the basics and advanced concepts of technical analysis, including chart types, patterns, indicators, oscillators and expert trading strategies. It will be taught by experts from IIT and IIM and include case studies, exercises and a certification. Participants include students, traders and professionals seeking to strengthen their technical analysis skills.
This document is a CV for Hussain Alloub Mohammed, who currently works as a Senior Technical Assistant to the COO at ICIEC in Saudi Arabia. It provides details about his professional experience and qualifications. Over 17 years, he has gained extensive experience in credit and investment insurance operations, including underwriting, claims, and risk management. Currently, his responsibilities include assisting the COO in managing insurance operations, automating processes, and ensuring regulatory compliance. Previously, he worked as Head of Policy Administration, where he oversaw a team and developed the policy management system. He holds several international certifications in credit and insurance and is pursuing a Master's degree in international trade law.
National Institute of Securities Markets (NISM) signs MoU with Securities Industry Development Corporation (SIDC) Malaysia to collaborate on capacity building activities in emerging economies, predominantly in ASEAN region. NISM also held its third convocation where the Director discussed domestic and international expansion plans. Updates were provided on educational programs, including the completion of the first term of PGPSM and ongoing terms for CSL and CFERM.
The document summarizes activities at the National Institute of Securities Markets (NISM) from May to July 2013. It announces that construction has commenced on NISM's new campus in Patalganga, which will boost NISM's activities. It also discusses new programs and partnerships established by NISM during this period, including conducting training for SEBI employees, collaborating with the Asia-Pacific Institute of Management, and partnering with SBI Mutual Fund to conduct certification exams.
The document provides a summary of regulatory changes, activities at NISM, and other initiatives from February to April 2013. Some key points include:
- SEBI made several regulatory changes around redressing investor grievances, permitting new collateral for FIIs, and introducing product labeling for mutual funds.
- NISM held its 2nd annual convocation in April 2013 and launched new certification examinations. It also conducted a study on corporate sector performance.
- RBI permitted greater investment limits for FIIs and allowed core investment companies to invest in insurance. It also standardized cheque security features.
- IRDA and PFRDA issued new guidelines around insurers investing in alternative investment funds and replacing an existing National Pension
The document summarizes activities conducted by the National Institute of Securities Markets (NISM) from November 2012 to January 2013. It discusses:
1) NISM organized a financial literacy quiz for school students in Mumbai on January 25th, with 8 teams participating and 3 being awarded prizes.
2) NISM's Pocket Money Programme for imparting financial literacy to students through trained teachers now covers over 600 schools.
3) NISM conducted training programs to certify over 500 individuals as financial literacy resource persons to educate various groups across districts.
4) NISM launched new certification exams and continued professional education programs to expand access and professional development in securities markets.
The document discusses the National Institute of Securities Markets (NISM) in India and its School for Securities Education (SSE).
NISM was established by the Securities and Exchange Board of India (SEBI) to undertake securities market education and research. It is governed by a Board of Governors and envisions playing a catalytic role in promoting research and education through close interfaces with policymakers and industry, continuous knowledge creation and dissemination, and collaboration.
SSE is entrusted with providing classroom education at the professional and master's level in securities markets. Its Post Graduate Programme in Securities Markets (PGPSM) equips students to be complete securities market professionals to work in roles like analysts, investment managers, and more across
NISM has launched several new programs and certifications:
- A new Certificate in Securities Law program aimed at providing professionals in securities markets and corporations.
- The launch of the NISM-Series-VIII: Equity Derivatives Certification Examination in October 2012 and plans to introduce more certifications.
- Working to conduct certification exams in more locations and introduce Continuous Professional Education through eLearning.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms for those who already suffer from conditions like depression and anxiety.
NISM published their annual report for 2010-2011 which showed that they held 24 seminar and training programs on securities markets that were attended by over 2 million people. They also conducted work on certification and exam development for securities market professionals.
The document discusses the Post Graduate Programme in Securities Markets (PGPSM) offered by the National Institute of Securities Markets (NISM) for the 2011-2012 academic year. NISM, established by the Securities and Exchange Board of India (SEBI), offers the one-year full time PGPSM program to prepare competent professionals for the securities markets. The first batch of the program has seen graduates obtain jobs in various entities within the securities industry.
The document summarizes various events that took place at the National Institute of Securities Markets (NISM) in October 2011. It discusses (1) a pocket money training workshop for teachers in Chennai to promote financial literacy, (2) empanelment and training workshops for financial education resource persons in northern and southern India, (3) a visit by a Zimbabwean delegation to learn about India's achievements in regulating securities markets, and (4) an induction program for newly recruited officers of the Securities and Exchange Board of India (SEBI).
The document summarizes a workshop organized by NISM on developing a curriculum for financial literacy in school education. It attended by representatives from regulatory agencies like RBI, SEBI, IRDA, and PFRDA as well as organizations like NSE, BSE, and CBSE. The document also describes two programs conducted by NISM for school teachers on pocket money management and a workshop for new financial literacy resource persons in the Western region. Finally, it provides an excerpt from the second part of an article on managing the risks of financial models.
Dr. C. Rangarajan's Speech at NISM Convocation 2011NISM
This document summarizes a convocation address given by Dr. C. Rangarajan, Chairman of the Economic Advisory Council to the Prime Minister of India, at the National Institute of Securities Markets in 2011. It provides background on Dr. Rangarajan's career and accomplishments. It then discusses some key issues in securities market regulation and capital flows, noting the growth of India's securities markets but also failures of regulation that contributed to the global financial crisis.
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"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
[4:55 p.m.] Bryan Oates
OJPs are becoming a critical resource for policy-makers and researchers who study the labour market. LMIC continues to work with Vicinity Jobs’ data on OJPs, which can be explored in our Canadian Job Trends Dashboard. Valuable insights have been gained through our analysis of OJP data, including LMIC research lead
Suzanne Spiteri’s recent report on improving the quality and accessibility of job postings to reduce employment barriers for neurodivergent people.
Decoding job postings: Improving accessibility for neurodivergent job seekers
Improving the quality and accessibility of job postings is one way to reduce employment barriers for neurodivergent people.
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
A toxic combination of 15 years of low growth, and four decades of high inequality, has left Britain poorer and falling behind its peers. Productivity growth is weak and public investment is low, while wages today are no higher than they were before the financial crisis. Britain needs a new economic strategy to lift itself out of stagnation.
Scotland is in many ways a microcosm of this challenge. It has become a hub for creative industries, is home to several world-class universities and a thriving community of businesses – strengths that need to be harness and leveraged. But it also has high levels of deprivation, with homelessness reaching a record high and nearly half a million people living in very deep poverty last year. Scotland won’t be truly thriving unless it finds ways to ensure that all its inhabitants benefit from growth and investment. This is the central challenge facing policy makers both in Holyrood and Westminster.
What should a new national economic strategy for Scotland include? What would the pursuit of stronger economic growth mean for local, national and UK-wide policy makers? How will economic change affect the jobs we do, the places we live and the businesses we work for? And what are the prospects for cities like Glasgow, and nations like Scotland, in rising to these challenges?
In a tight labour market, job-seekers gain bargaining power and leverage it into greater job quality—at least, that’s the conventional wisdom.
Michael, LMIC Economist, presented findings that reveal a weakened relationship between labour market tightness and job quality indicators following the pandemic. Labour market tightness coincided with growth in real wages for only a portion of workers: those in low-wage jobs requiring little education. Several factors—including labour market composition, worker and employer behaviour, and labour market practices—have contributed to the absence of worker benefits. These will be investigated further in future work.
The Universal Account Number (UAN) by EPFO centralizes multiple PF accounts, simplifying management for Indian employees. It streamlines PF transfers, withdrawals, and KYC updates, providing transparency and reducing employer dependency. Despite challenges like digital literacy and internet access, UAN is vital for financial empowerment and efficient provident fund management in today's digital age.
5 Tips for Creating Standard Financial ReportsEasyReports
Well-crafted financial reports serve as vital tools for decision-making and transparency within an organization. By following the undermentioned tips, you can create standardized financial reports that effectively communicate your company's financial health and performance to stakeholders.
1. INSIDE:
NISM's
Management
NISM
Development
Programmes
UPDATE
OCTOBER 2010
Volume 3 / Issue 3
ATION
CERTIFIC
Professionalizing the
Indian Securities Industry
India Investment NISM conducts customized programme
Management Conference on IFRS for Kotak Mahindra AMC
2. Foreword
I ndian securities markets have made impressive progress in the past fifteen
years in terms of new products, improved market regulations, technology,
access and efficiency. This has called for a cadre of securities markets
intermediaries who can serve the investors and issuers professionally.
The characteristics of a profession, among other things, include:
(a) skill based on theoretical knowledge;
(b) testing of competence; and
(c) institutional training
Given that the professionals in the securities industry deal with the assets of
the investors directly or indirectly, it has become essential that the staff of
intermediaries in the securities markets possess the requisite skill sets and
conceptual understanding of the functions they discharge. Consequently, it
becomes necessary that the competencies of the staff are tested and certified.
Also, they need continuous professional education to stay updated with the
latest developments. NISM has been working along these directions for over
three years. In this Issue of NISM Update, we share some information about
our efforts in launching certificate examinations and continuous professional
education programmes.
We also present a detailed story on the India Investment Management
Conference coming up on January 7th, 2011. The eminent speakers include
Mr. C. B. Bhave, Chairman, Securities and Exchange Board of India; Ms. Abby
Joseph Cohen, Senior Investment Strategist and President, Global Markets
Institute, Goldman Sachs; and Prof. Aswath Damodaran, Professor of Finance
at Leonard N. Stern School of Business, New York University.
We have also been conducting customized Management Development
Programs to our corporate clients. Apart from the list of topics mentioned, we
also create customized training programmes. If you have any specific training
needs in the securities markets domain, NISM would be able to provide a
tailor-made programme to cater to your needs.
We hope that you find the NISM Update useful and informative. Please send
your feedback and suggestions to editor@nism.ac.in
Editorial Team
NISM UPDATE
NiSM
NATIONAL INSTITUTE OF SECURITIES MARKETS
NISM Bhavan, Plot No. 82, Sector - 17,
Vashi, Navi Mumbai - 400 705
Phone: +91- 022-66735100-106 | Fax: 022-66735110
www.nism.ac.in
2 NiSM October 2010
3. ATION
CERTIFIC
Professionalizing
the Indian Securities Industry
Mr. Paritosh Sharma (Adviser, NISM)
The Need for Certification
T he securities industry is a dynamic entity.
Unprecedented and continuous changes take
place in the available products and their features;
Most International Regulatory
Jurisdictions mandate minimum
market systems, processes and procedures; and education and certification
rules and regulations governing the securities
markets. These changes are driven by the need to requirements for securities
make securities markets operationally efficient and
fair to all participants, particularly to the investing
market professionals.
public. The key drivers of change are the
technological advances, financial innovations, cross- Today, securities industry professionals in India
border transactions, regulatory imperatives, and represent various shades of professional
private participation in economic development. competence. In order to make the Indian securities
Additionally, with increasing cross border financial industry a truly professional market place where
flows across jurisdictions, there is a perceptible investors and issuers can participate with a sense of
preference towards harmonization of securities confidence and comfort, it is necessary to upgrade
industry practices globally. All these changes the competency levels of all intermediaries. This can
demand the development of a cadre of securities be achieved by evolving testing and certification
market professionals who are well-informed, requirements at the time of entry in the industry and
competent, up-to-date and conversant with Continuing Professional Education (CPE) throughout
markets, products and global trends, are a professional’s employment in the industry and
trustworthy, and able to swiftly adapt to changes. making them a pre-requisite.
October 2010 NiSM 3
4. Professional sales people for the industry-
Testing and Certification
T he investors' interface to the markets is through
market intermediaries. It is important to create
regulatory structures that include minimum
A certification program including uniform entry level
and continuing professional education requirements
administered fairly across all participants establishes
knowledge criteria to professionalize this segment. A and improves professional standards among
regulatory structure helps good professionals to intermediaries that are critical to maintaining and
clearly understand what it takes to enter the raising investor confidence. Addressing the issue of
business of market intermediation. They also know making minimum competency levels a pre-requisite
and are comforted by the fact that everyone in the for all segments of the securities industry
industry has to follow those standards and the intermediaries is therefore a regulatory objective.
principle of level playing field will prevail. Most International Regulatory Jurisdictions
Professionals already in the business also prescribe minimum education and certification
understand the qualification standards they need to requirements for securities market professionals.
maintain to continue to survive in the industry.
National Institute of Securities Markets-
School for Certification of Intermediaries
I n keeping with the above objectives, the
“Securities and Exchange Board of India
(Certification of Associated Persons in the Securities
which explicitly state the ways in which the
attainment of the competencies will be measured.
The objectives lead directly to the creation of test
Markets) Regulations, 2007” (Certification questions and ultimately to the structure of the test
regulations) were notified in October 2007. itself.
In these regulations, SEBI has delegated NISM has collaborated with leading international
responsibility for developing certification and organizations to establish and to continuously
c o n t i n u i n g e d u c a t i o n r e q u i r e m e n t s fo r improve and upgrade its examination development
intermediaries in the Indian capital markets to NISM. and administrative processes. These organizations
The NISM School for Certification of Intermediaries is include the US Financial Regulatory Authority
focusing on implementing these objectives. (FINRA), the US securities market self regulatory
organization and the CFA Institute among others.
With respect to certification examinations, NISM
develops criterion referenced examinations using NISM is also in the process of establishing continuing
well established processes that meet international professional education requirements for various
educational measurement standards. Criterion intermediary segments and administering these
referenced tests are developed with the programs for the industry.
involvement of professionals having subject
expertise, and are based on the competencies
required for satisfactory, entry level performance on
the job. The starting point of this process is a
thorough job analysis from which the applicable
competencies are derived. These in turn provide the
basis for developing the test objectives,
4 NiSM October 2010
5. NISM Certification Examinations
NISM currently offers the following certification examinations:
Currency Derivatives Certification Examination
For persons working in the Currency Derivatives market segment, in order to enable a better
understanding of currency markets and exchange traded currency future products, better
quality investor service, operational process efficiency and risk controls
Registrars to an Issue and Share Transfer Agents – Corporate
Registrars to an Issue and Share Transfer Agents – Mutual Funds
For persons working in Registrars to an Issue and Share Transfer Agents (R&T agent)
organizations in the corporate and mutual fund R&T function, in order to enable better
quality investor service, operational process efficiency and risk controls.
Interest Rate Derivatives Certification Examination
For persons working in the Interest Rate Derivatives market segment, in order to enable a
better understanding of fixed income securities markets and interest rate derivative
products, regulations and risks associated with the products and the exchange mechanisms
of clearing and settlement.
Mutual Fund Distributors Certification Examination
For all persons involved in selling and distributing mutual funds including:
? Individual Mutual Fund Distributors
? organizations engaged in sales and distribution of Mutual Funds
Employees of
? Asset Management Companies specially persons engaged in sales and
Employees of
distribution of Mutual Funds
The certification aims to enhance the quality of sales, distribution and related support
services in the mutual fund industry.
NISM had also introduced a CPE program for Mutual Fund Distributors in June, 2010.
Since then over 1800 candidates have cleared the NISM CPE program.
No. of candidates enrolled for various NISM certification programs as on October 15, 2010
369
8,785
1,370 22,101 90
Mutual Fund RTA - Currency RTA - Interest Rate
Distributors Mutual Funds Derivatives Corporate Derivatives
October 2010 NiSM 5
6. India Investment Management Conference
What's Next after the Recovery?
W hile the “unusually uncertain economic
outlook” in the United States is causing
investors to look to Asian markets for potentially
Professor of Finance at Leonard N. Stern School of
Business, New York University.
higher returns, India features as a fast growing It is a rare event where speakers of such caliber in
economy that may present attractive alternative one room will analyze and discuss what India means
investment opportunities. Foreign ownership of to global investors. A must-attend event if you want
stocks and foreign holding of debts in India have to stay ahead of the game. Limited seats available.
peaked in recent times, indicating a strong capital Register Now: http://nism.ac.in/cfa
inflow into the country. It is also predicted that by
2030 India will have the world’s largest middle class DATE
7 January 2011
population. 7
VENUE Grand Hyatt Mumbai
At this conference, globally acclaimed experts will
Mumbai, India
give their insight on global investment strategy and
contemporary valuation methods, followed by
FEES CFA Institute Members, IAIP Members,
domestic Gurus discussing the latest trends in
NISM Graduates (FERM/CSMP program)
performance reporting and disclosure, fixed income
Rate: INR 8,400
and alternative investments, and investment
CFA Institute Candidates /NISM
outlook in India.
Students Rate: INR 9,450
Non-member Rate: INR 10,500
International high profile speakers include Mr. C. B.
Bhave, Chairman, Securities and Exchange Board of
India; Ms. Abby Joseph Cohen, Senior Investment Register by 31 October, 2010 for a 20 percent discount.
Strategist and President, Global Markets Institute, Registrations are open: http://nism.ac.in/cfa
Goldman Sachs; and Prof. Aswath Damodaran, apevents@cfainstitute.org | +91 22 66735100-06
6 NiSM September 2010
7. Agenda – 7th January 2011 Our Partners
Keynote:
Mr. C. B. Bhave, Securities and Exchange Board of India
Global Investment Strategy & Outlook:
Ms. Abby Joseph Cohen, CFA, Goldman Sachs
Moderator: Mr. Uday Kotak, Kotak Mahindra Bank
Valuation Inferno: Dante Meets DCF – Avoiding Common
Mistakes in Valuation Analysis
Prof. Aswath Damodaran, New York University
Moderator: Dr. K. M. Abraham, Securities and Exchange Board of India
Panel: Performance Measurement & Reporting
Mr. K. N. Vaidyanathan, Securities and Exchange Board of India
Mr. Milind Barve (invited)
Moderator: Mr. Trevor Persaud, Prudential Asset Management (Singapore)
Ltd
Panel: IFRS Update
Mr. Jayesh Gandhi (invited)
Mr. Jamil Khatri, KPMG
Ms. Usha Narayanan (invited), Securities and Exchange Board of India,
Moderator: Mr. Tom Robinson, CFA, CFA Institute
Panel: Fixed Income
Mr. Anjan Barua (invited)
Mr. Nilesh Shah, ICICI Prudential Asset Management Company Limited
Moderator: Mr. Jayesh Mehta
Panel: Real Estate, Venture Capital & Private Equity
Mr. Kishore Gotely (invited), Government of Singapore Investment
Corporation
Mr. Rajeev Gupta, Carlyle India Advisors Private Limited
Mr. Tuhin Parikh (invited), Blackstone
Moderator: Ms. Jenny Blinch (invited), PEI Asia
Power Panel: India Investment Outlook
Mr. Vallabh Bhansali
Mr. Madhusudan Kela
Mr. Akash Prakash
Moderator: Mr. Venkatraman Anantha-Nageswaran, Bank Julius Baer
September 2010 NiSM 7
8. Management Development Programs (MDP)
Customised Training Programs for Companies
NISM School of Securities Education (SSE) offers short-duration programmes of 1 to 5 days duration
on various topics for meeting the in-house training requirements of corporates at their respective
premises.
Some of the important topics where training programmes are available include:
1. IFRS for Analysts 6. Portfolio Management
2. Financial Planning & Wealth Management 7. Mergers & Acquisitions
3. Financial Statement Analysis 8. Financial Derivatives
4. Forensic Accounting 9. Risk Management
5. Securities Analysis 10. Behavioural Finance
The above represents an indicative list. Customization is possible, depending upon the specific needs
of each organization. Interested organization may send in their enquiries to Prof. Sunder Ram Korivi
on sunder.korivi@nism.ac.in or dial 022-66735163
NISM conducts customized programme
on IFRS for Kotak Mahindra AMC
NISM conducted a Management Development The first half of the two day programme was
Programme titled ‘IFRS for Analysts’ customized to conducted on 9th October 2010 at the Kotak training
meet the training requirements of Kotak Mahindra facility in Mumbai. Mr Rehan Farias and Mr Alroy
Asset Management Company. The objective of the Lobo of Kotak Mahindra AMC gave the opening
programme was to provide a perspective and remarks. Dr Sunder Ram Korivi, Professor, NISM has
technical insights into the form and content of provided the perspective about IFRS. Deloitte, the
financial statements which would be prepared Collaborating Partner with NISM, was represented
based on IFRS standards with effect from April 1, by CA Sekkizhar Balasubramanian (Director) and CA
2011. A team of 24 officers, including the senior G K Subramaniam (Senior Manager). The two day
analysts and fund managers, were nominated for programme covers the important aspects of IFRS like
the programme. major differences between IFRS and Indian GAAP,
key impact on various sectors like manufacturing
and financial service, etc. The programme
concluded with the final phase of training on
8 NiSM October 2010 October 23, 2010.