NISM Raigad Admission 2025: Dates, Registration, Fees, Eligibility

The National Institute of Securities Markets, Raigad, Maharashtra, NISM offers a wide range of specialized programs that will equip participants with in-depth knowledge and practical skills in the dynamic world of financial markets. Admission at NISM is highly competitive and rigorous, which reflects the commitment of the institute in selecting the most talented and deserving candidates.

Generally, NISM opens its admission for all the different courses a few months prior to the beginning of the academic year. The institute takes admissions based on various national-level entrance examinations depending on the course applied for. For management-related courses, NISM takes into account scores from CAT, XAT, CMAT, ATMA, MAT, GMAT, and MH-CET.

The minimum eligibility criteria for NISM courses differ with the courses. Basically, candidates are required to pass their bachelor's degree or its equivalent from any recognized university by securing the prescribed percentage, which is 50% to 60% normally, though there are some courses that ask for a specific percentage requirements such as working experience in the same field.

Application Process 

Application procedure varies course wise for courses in NISM:

1. Online Application: Candidates have to log on to the official website of NISM and apply online for their preferred course.

2. Entrance Exam: For courses like PGDM in Securities Markets, the candidate needs to appear for any one of the entrance exams accepted by the colleges, which are CAT, XAT, CMAT, ATMA, MAT, GMAT, or MH-CET.

3. Document Submission: All the required documents have to be submitted by the applicant, which are generally:

•  Passport size photograph
•  Mark sheets and certificates of 10th, 12th, and undergraduate degree
•  Entrance exam score card
•  Work experience certificate (if applicable)
•  Any other relevant certificates as specified by the institute

4. Application Fee: Candidates have to pay the application fee required for each program.

5. Shortlisting: NISM makes shortlists candidates based on their entrance exam scores and application review for the subsequent round of selection process.

6. Personal Interview: For programs like PG Diploma in Data Science for Financial Markets, the shortlisted candidates are required to appear for personal interview. It may be conducted online or physically depending on the program and circumstances.

7. Selection: Consolidation of entrance exams, then academic performance during the run of the program before the interview performances and other set criteria as determined by the NISM, for each one of the program.

8. Admission Offered: The selected student is offered the admission, but the student then has to either accept or not within the date specified by returning the fees plus the documents required.

Degree-wise Admission Procedure

PGDM in Securities Markets This is one of the flagships under NISM. It is two-year full time course. It takes candidates by performance in any one of the six All India Common Admission Tests, namely CAT, XAT, CMAT, ATMA, MAT, GMAT or MH-CET. They go into further rounds of the selection process, as long as the candidate has qualified through a valid cutoff score on any of the examination tests for those.

PG Diploma in Data Science for Financial Markets A unique selection process exists for this one year program. The applicants are selected based on their profile and performance in an online personal interview. This further enables NISM to assess the academic background and the practical aptitude of the applicant applying for this specialized course.

LLB would probably be focused on financial and securities law, although the LLM offered by NISM is not specified. Admission details have not been clarified, but it would most likely be based upon the candidate's scores in his bachelor's degree in law (LLB) and possibly an entrance exam or interview.

PGPISM (Postgraduate Program in Investment and Securities Markets): This is another program that NISM offers, though details of admission are not provided. Probably, admission will be through entrance exam score and/or interview as in the case of other postgraduate programs offered at NISM.