Best Stock Market Certification Course | How To Get NISM Certified | Step By Step Guide | Free Excel

Summary

In this educational video, the host Himani welcomes viewers to her channel and discusses the importance of the NISM certification, a qualification provided by the National Institute of Securities Markets, for those aspiring to build a career in finance or the stock market. She covers the types of certifications available, such as for those interested in financial markets, graduate students seeking admission for higher studies, and individuals aiming to become independent financial advisors or investment advisors. The host emphasizes the value of these certifications in showcasing one's proactiveness and interest in the field. She also provides practical guidance and free resources, encouraging viewers to subscribe for more informative content.

Takeaways

• 📚 The script discusses the growing importance of the NISM (National Institute of Securities Markets) certificate in the financial sector.
• 🏢 NISM is an educational initiative by SEBI (Securities and Exchange Board of India) to regulate the entire stock market, similar to how RBI regulates banks.
• 🎓 The certificate is aimed at individuals looking to build a career in finance or the stock market, offering a foundation in financial and market concepts.
• 📈 There are three types of people who can benefit from this certification: beginners in finance, graduates seeking admission for postgraduate studies, and those looking to become independent such as mutual fund distributors or investment advisors.
• 📝 The script mentions a total of 26 notifications, one of which is the Research Analyst certification, highlighting the variety of certifications available.
• 📝 The speaker has registered for the NISM certification and shares their personal experience with the registration and preparation process.
• 📚 The study materials for the certification are provided after registration, which include workbooks and question banks for practice.
• 📅 The script explains that some exams can be taken online from home, while others require attending a center, with specific mention of the Research Analyst exam being center-based.
• 📝 The preparation strategy includes understanding all topics, attempting question banks without answers first, revisiting topics with incorrect answers, and using mock tests for practice.
• 📊 The speaker suggests that if one can consistently score 72-75% in mock tests, they are likely to pass the NISM certification exams.
• 📝 The script emphasizes the importance of writing down formulas on a piece of paper and revising them regularly as part of the preparation method.
• 👍 The speaker encourages subscribing to their channel for practical guidance and free assessments based on their real five-year experience in finance.

Q & A

What is the full form of NISM?

NISM stands for National Institute of Securities Markets, which is responsible for regulating the entire stock market in India, similar to how RBI regulates banks.

What is the purpose of NISM certification?

NISM certification is provided for those who want to build their career in finance or the stock market, offering educational guidance and practical knowledge in the field.

How many notifications are there in the NISM certification?

There are a total of 26 notifications in the NISM certification, covering various aspects of financial markets and securities.

What are the three types of people who can take the NISM certification?

The three types of people who can take the NISM certification are: 1) Those who want to build a career in finance but are unsure about the specific field. 2) Graduates who want to pursue post-graduation for admission in colleges and broaden their knowledge. 3) Individuals who want to become independent, such as becoming a mutual fund distributor or starting their own financial advisory business.

Why is it beneficial for graduates to have NISM certification for post-graduation admission?

Having NISM certification can demonstrate a graduate's proactiveness and interest in the field of finance, which can be beneficial for admission into post-graduate programs.

What are some of the popular NISM certification courses mentioned in the script?

Some of the most popular NISM certification courses mentioned are Research Analyst, Mutual Fund Distributor, and Investment Advisor.

What is the process of registering for the NISM certification exam?

The process involves registering on the NISM website, paying the fixed fee, purchasing the course, receiving login credentials, and then booking the exam date and timing.

Can some NISM exams be taken online from home?

Yes, some NISM exams can be taken online from home, while others require attending a center to take the exam.

What is the first step to prepare for the NISM certification exam?

The first step is to understand all the topics in the workbook provided, which includes studying the concepts and attempting a question bank after each chapter without looking at the answers first.

How can one assess their understanding of the NISM certification material?

One can assess their understanding by attempting a question bank after each chapter and revisiting topics where they have answered questions incorrectly.

What is the recommended method to practice for the NISM certification exam?

The recommended method is to complete the workbook, attempt the question bank, and then take mock tests available online, such as free mock tests for the NISM exam.

What is the significance of mock tests in preparing for the NISM certification exam?

Mock tests are crucial as they help assess the candidate's readiness for the actual exam. If a candidate scores 72-75% in mock tests, they are likely prepared for the NISM certification exam.

What should be done with all the formulas required for the NISM certification exam?

All the formulas should be written down on a piece of paper and revised regularly to ensure they are memorized and easily accessible during the exam.

What is the recommendation for those who find the Investment Advisor certification difficult to self-study for?

For those who find the Investment Advisor certification difficult, it is recommended to seek online coaching or tuition to aid in their preparation.

Why is it important to subscribe to the channel mentioned in the script?

It is important to subscribe to the channel for practical guidance and free assessments based on the presenter's real experience in finance, which can provide additional clarity and insights.