The easy accessibility as well as flexibility involved in the NISM programme has resulted in its wider acceptance among market intermediaries, professionals and students.

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In order to dispense quality intermediation, personnel working in the industry need to (i) follow a
certain code of conduct usually achieved through regulations and (ii) possess requisite skills and
knowledge acquired through a system of testing and certification. NISM is an online testing and
certification programme. It tests the practical knowledge and skills required to operate in the
financial markets. Tests are conducted in a secure and unbiased manner and certificates awarded
based on merit of the candidate to qualify the on-line test. The entire process of testing, assessing
and scores reporting in the NISM is fully automated. The system is operated through an intranet
facility by using a central World Wide Web server with terminals located at each of the designated
test centres to be used as an examination front end.
The easy accessibility as well as flexibility involved in the NISM programme has resulted in its wider
acceptance among market intermediaries, professionals and students. The candidate will use the
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