National Institute of Securities Markets, or NISM, offers admission to postgraduate programmes such as PGDM (SM) and LLM. Its flagship PGDM (SM) programme carries a total tuition fee of INR 6.14 Lakhs for 2 years, and admission is based on academic eligibility along with entrance test performance and interview rounds.

For PGDM (SM), candidates must have completed 10+2 and graduation with at least 50%. Selection is based on CAT, XAT, CMAT, and MAT, followed by a Personal Interview. Other postgraduate options at NISM include PGPISM, PGCSM, and LLM, each with its own eligibility and selection criteria.

NISM Admission 2026 Important Dates

The table below includes currently relevant entrance examination events available for admission consideration.

Event Date
CAT 2026 Registration Opens August 3, 2026
CAT 2026 Registration Closes September 15, 2026
CAT 2026 Admit Card Download November 4 to 29, 2026
CAT 2026 Test Date November 29, 2026
CAT 2026 Result Declaration First week of January 2027 (Tentative)
XAT 2027 Registration Closes December 6, 2026
XAT 2027 Admit Card Download December 20, 2026 (Tentative)
XAT 2027 Exam Date January 03, 2027, 2:00 pm to 5:00 pm
MAT September 2026 PBT Last Date for Online Registration September 7, 2026
MAT September 2026 PBT Admit Card Availability September 10, 2026
MAT September 2026 PBT Test Date September 13, 2026
MAT September 2026 CBT Last Date for Online Registration September 14, 2026
MAT September 2026 CBT Admit Card Availability September 17, 2026
MAT September 2026 CBT Test Date September 20, 2026
MAT September 2026 Score Availability Last week of September 2026

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

NISM PGDM (SM) Admission 2026

PGDM (SM) is the flagship course at NISM. For the 2025-26 cycle, the programme fee is INR 6.14 Lakhs for 2 years. The programme is offered in the Securities Market specialization, and admission depends on academic eligibility and entrance test scores.

Course Specialization Total Tuition Fees Eligibility Selection Criteria
PGDM (SM) Securities Market INR 6.14 Lakhs 10+2, Graduation with 50% CAT/ MAT / XAT / CMAT scores

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

NISM PGDM (SM) Admission Process 2026

  • PGDM (SM) requires 10+2 and graduation with a minimum of 50% from a recognised institute.
  • Shortlisting is based on CAT, XAT, CMAT, and MAT scores, followed by a Personal Interview.
  • The merit list is prepared using the weightage structure given below.
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 PG Admission 2026

In addition to PGDM (SM), NISM offers PGPISM, PGCSM, and LLM. The eligibility requirements and admission criteria for these postgraduate programmes are listed below.

Course Eligibility Selection Criteria
LLM LLB with 55% marks NISM Aptitude Test and Personal Interview
PGPISM 3-year Bachelor’s degree with 2-year full-time work experience Or 4-year bachelor’s degree plus 1-year full-time work experience Or Academic Records including professional experience/qualification and Personal Interview.
PGCSM Graduation with a minimum of 55% marks with a minimum of 3 years of work experience Age limit: 30 years Aptitude Test and Personal Interview

NISM Admission 2026 FAQs

Ques. How is the personal interview used in the admission process for PGPISM at NISM?

Ans. The personal interview forms an important part of the PGPISM admission process at NISM. It is used to assess a candidate's interest in financial markets, communication ability, analytical skills, and career objectives. The interview is generally conducted by faculty members and industry experts, either online or in person, and usually takes 15 to 30 minutes. Academic background, awareness of current financial developments, and motivation to build a career in securities markets are also evaluated.

Ques. What academic requirements must a candidate meet for admission to the LLM programme?

Ans. Candidates must possess an LL.B. or an equivalent degree with at least 50% marks. Applicants whose results are awaited may apply provisionally, but they must satisfy the eligibility requirement by the prescribed cut-off.

For industry-sponsored candidates: at least 3 years of work experience with regulators, financial institutions, legal firms, or market infrastructure bodies is also necessary.

Ques. Which subjects are covered in the entrance test for the LLM programme at NISM?

Ans. The online test includes questions from the following areas:

  • Constitutional Law
  • Jurisprudence
  • Law of Contract
  • Company Law
  • Current Affairs

Ques. Can a working professional enroll in the PGPISM programme?

Ans. PGPISM is a one-year full-time residential programme conducted only at the NISM campus in Patalganga near Mumbai. Participants are expected to stay on campus and attend regular classes. A working professional may pursue the programme if the employer sponsors the candidate or grants study leave or sabbatical for one year, provided the candidate also meets the required eligibility and selection conditions.