NISM Admission Dates 2027

The PGDM (Securities Markets) admission process for the 2027-29 batch is expected to begin in December 2026. Based on the stated tentative schedule, applications may close in April 2027, followed by interviews in May and the start of classes in July. The LLM and certificate courses use separate admission calendars.

Subject to revision. Kindly check with the official sources to confirm

NISM Courses and Fees

NISM provides degree, diploma, postgraduate certificate and professional development courses of different lengths. It also manages the certification examinations prescribed by SEBI for securities market professionals. The listed programme fees extend from INR 66,620 for the Certificate in Data Science to INR 6,78,800 for PGDM (Securities Markets).

Subject to revision. Kindly check with the official sources to confirm

PGDM (Securities Markets) is the institute's main programme and combines management studies with focused learning in capital markets, derivatives and securities regulation. The LLM in Investment and Securities Law is a specialised Indian programme for law graduates interested in careers connected with SEBI, NSE, BSE and financial regulation.

NISM Admission Process

Admission requirements at NISM depend on the selected course. PGDM applicants must submit an accepted national entrance examination score and attend a personal interview. Short-term and certificate courses have simpler requirements and commonly admit students through periodic or rolling intakes.

PGDM (Securities Markets)

NISM calculates the final PGDM selection score by giving 50 percent weight to the entrance examination, 30 percent to the personal interview, 15 percent to previous academic performance and 5 percent to gender diversity.

• Complete graduation from a recognised university with at least 50 percent marks.
• Take CAT, XAT, CMAT or MAT. NISM uses CAT as the benchmark when converting examination scores.
• Secure at least the 50th percentile in the accepted entrance examination.
• Students in the final year of graduation can apply provisionally but must finish their degree before the academic session starts.
• The institute admits 180 students to the batch each year.
• The curriculum covers 1,020 teaching hours over six trimesters.

LLM (Investment and Securities Law)

This one-year LLM is meant for law graduates planning careers in securities law, corporate compliance or financial regulation. Applicants need an LLB or an equivalent three-year law qualification. Selection considers marks in the qualifying law degree and performance in a personal interview. Applications usually remain open from January to April each year.

Certificate and PG Certificate Programmes

Any graduate can apply for the short-term courses in Data Science, Fintech, Financial Management and Investment Advisory. Academic results and professional experience generally form the basis of merit selection, and the institute holds intakes at different points during the year.

NISM Certification Examinations

NISM-series certifications are required by SEBI for registered market intermediaries. Applicants do not need a minimum educational qualification for these open-book examinations. Tests are conducted throughout the year at assigned centres, while the required passing score and renewal period differ between certification modules.

NISM Placements

The latest available PGDM (Securities Markets) placement results show that every student in the batch was placed. The reported average package was INR 9.07 LPA, while the highest offer reached INR 16.32 LPA.

Recruitment mainly comes from companies working in capital markets, stockbroking, asset management and banking. Organisations confirmed as recruiters in recent seasons include NSDL, NSE, BSE, Morgan Stanley, Edelweiss, ICICI Bank, HDFC Bank, IDBI Bank, Axis Mutual Fund and Aditya Birla Capital. NISM's connection with SEBI also creates routes for high-performing students to seek opportunities with SEBI and regulated organisations.

Common roles for PGDM graduates include research analyst, equity dealer, investment advisor, compliance officer and risk manager. Students also complete required NISM certifications and gain practical experience in a trading simulation environment, which can help when they compete with general MBA graduates for capital market positions.

NISM Campus and Infrastructure

NISM opened its 72-acre residential Patalganga campus in December 2016. Located in Raigad near the Mumbai-Pune Expressway, it is 60 km from Mumbai and has road connectivity with both Mumbai and Pune.

A specialised trading simulation laboratory supports teaching in algorithmic trading and analytics. The Wi-Fi-enabled campus also has modern auditoriums, an amphitheater, sports areas and recreational facilities. PGDM students can use the residential hostel and dining services by paying an additional INR 3,85,000 for the complete two-year course.

The campus accommodates NISM's research and publication work, faculty development activities and short-term training sessions for professionals from SEBI-regulated organisations throughout India. Its residential setup allows the PGDM batch to study and live together during the two-year programme.

NISM vs BSE Institute vs NIBM

NISM, BSE Institute and the National Institute of Bank Management (NIBM), Pune, are specialised alternatives to a general MBA for students interested in finance. Each institute is supported by a government body or an exchange, but their main academic areas and campus models differ.

NISM's link with SEBI gives students focused exposure to capital markets and access to organisations regulated by SEBI during placements. BSE Institute covers a wider range of finance subjects and operates from a city campus. Backed by the RBI, NIBM concentrates on banking and financial services and offers routes towards public sector banks and RBI-linked organisations. NISM is the more purpose-specific choice among the three for students seeking careers in securities markets, brokerage, asset management or capital market regulation.