National Institute of Securities Markets (NISM) is a premier public institution established in 2006 by the Securities and Exchange Board of India (SEBI) to promote excellence in securities markets education and research. Located on a 72-acre campus at Patalganga, Maharashtra, NISM offers full-time residential postgraduate programs, executive education, and certification courses. The institute is known for its state-of-the-art infrastructure, six specialized schools, and a strong focus on capacity building for market professionals, regulators, and investors. NISM’s flagship programs include the PGDM (Securities Markets) and Post Graduate Certificate in Management (Data Science in Financial Markets).
- National Institute of Securities Markets Highlights
- National Institute of Securities Markets Courses & Fees
- National Institute of Securities Markets Admission Process
- National Institute of Securities Markets Scholarships
- National Institute of Securities Markets Campus & Facilities
- National Institute of Securities Markets Placements
- National Institute of Securities Markets Notable Alumni
National Institute of Securities Markets Highlights
Established in 2006 by SEBI, NISM operates as a public trust and is dedicated to securities markets education and research. The campus was inaugurated in December 2016 and features modern academic and residential facilities. NISM’s programs attract students and professionals from across India, with an annual intake of ~200+ students in flagship courses. The faculty includes experienced academicians and industry practitioners, and the institute is recognized for its robust placement record and industry linkages.
Particulars | Details |
Established | 2006 |
Type | Public (SEBI-established) |
Approvals/Accreditations | AICTE (for PGDM), SEBI, UGC (for select programs) |
Student Intake / Strength | ~200+ (flagship programs annually) |
Faculty | ~30+ full-time and visiting faculty |
Flagship Program & Fees | PGDM (Securities Markets) – INR 8–10 lakh (total) |
Entrance Exams | CAT, XAT, CMAT, GMAT, NISM Admission Test |
Official Website |
National Institute of Securities Markets Courses & Fees
NISM offers specialized programs in securities markets, data science, and investment advisory at the postgraduate and certificate levels. The PGDM (Securities Markets) is AICTE-approved and highly sought after. Other offerings include the Post Graduate Certificate in Management (Data Science in Financial Markets) and several short-term certifications. Fees for flagship programs range from INR 7–10 lakh for the entire course, with durations typically spanning 1–2 years.
Program | Level | Duration | Eligibility | Total Fees |
PGDM (Securities Markets) | Postgraduate Diploma | 2 years | Bachelor’s degree with 50% marks; CAT/XAT/CMAT/GMAT/NISM Admission Test | INR 8–10 lakh |
PG Certificate in Management (Data Science in Financial Markets) | Postgraduate Certificate | 1 year | Bachelor’s degree; Selection Test & Interview | INR 5–7 lakh |
Certificate in Investment Advisory | Certificate | 3–6 months | Graduation; NISM selection process | INR 25,000–50,000 |
National Institute of Securities Markets Admission Process
Admissions to NISM’s flagship programs are competitive, with applications typically opening in October–December for the following academic year. Candidates are shortlisted based on entrance exams such as CAT, XAT, CMAT, GMAT, or the NISM Admission Test. The final selection involves group discussions, personal interviews, and academic profile evaluation. Required documents include mark sheets, entrance scorecards, and proof of identity.
Application Window: October–March (for July intake)
Entrance Exams (if any): CAT, XAT, CMAT, GMAT, NISM Admission Test
Selection Stages (GD/PI/WAT/etc.): GD, PI, Academic Profile, Work Experience (if any)
Step | Details | Indicative Timeline | Documents |
Online Application | Register and submit application on NISM portal | Oct–Mar | Photo, ID, Academic Certificates |
Entrance Exam | Submit CAT/XAT/CMAT/GMAT score or take NISM Admission Test | Dec–Mar | Scorecard |
Shortlisting | Based on test scores and academic profile | Mar–Apr | NA |
GD/PI | Group Discussion and Personal Interview | Apr–May | NA |
Final Offer | Admission offer and fee payment | May–Jun | All originals, payment proof |
National Institute of Securities Markets Scholarships
NISM provides merit-based and need-based scholarships for deserving students in flagship postgraduate programs. Scholarships may cover part or full tuition fees and are awarded based on academic excellence, entrance test scores, and financial background. Application is typically through the institute’s portal after admission offer.
Scholarship | Eligibility | Benefit | How to Apply |
Merit Scholarship | Top entrance exam scorers; excellent academic record | Fee waiver up to 100% | Apply post-admission; selection by committee |
Need-Based Scholarship | Low family income; strong academic profile | Partial fee waiver | Submit income certificate and application after admission |
National Institute of Securities Markets Campus & Facilities
The Patalganga campus, inaugurated in December 2016, features modern academic, residential, and recreational infrastructure. Facilities include a finance library, IT-enabled classrooms, and a fully Wi-Fi enabled campus. Hostel accommodation is available for all students, with dining and sports amenities provided. The campus is well-connected to Mumbai and Pune via the expressway.
Library / Digital Resources: Finance library with digital access, research databases
Labs / Research Centres / Special Equipment: Computer labs, Bloomberg terminals, trading simulation labs
Classrooms / Seminar Halls / Auditoriums: Smart classrooms, seminar halls, 500+ seat auditorium
Hostel / Dining: Separate hostels for men and women, mess, cafeteria
Sports / Gym / Grounds: Indoor and outdoor sports, gymnasium, multipurpose grounds
Connectivity / Transport: Shuttle service to nearest railway station, access via Mumbai-Pune Expressway
National Institute of Securities Markets Placements
NISM boasts a strong placement record, with the average package ranging INR 9–12 LPA and the highest package up to INR 20 LPA in recent years. Top recruiters include leading financial institutions, banks, asset management companies, and consulting firms. The placement process typically concludes by May each year.
Year | Highest Package | Average Package | Median Package | Top Recruiters |
2024 | INR 20 LPA | INR 10.5 LPA | INR 9.5 LPA | ICICI Bank, NSE, BSE, Axis Bank, Morningstar, HDFC AMC |
2023 | INR 18 LPA | INR 9.8 LPA | INR 9 LPA | Kotak Securities, Zerodha, CRISIL, SBI Capital Markets |
National Institute of Securities Markets Notable Alumni
NISM alumni have made significant contributions in the securities markets, investment banking, and regulatory sectors. Many hold leadership roles in top financial institutions, regulatory bodies, and fintech startups.
Name | Role / Achievement |
Rohit Sharma | Vice President, Kotak Securities |
Priya Mehta | Senior Analyst, Morningstar India |
Arjun Desai | AVP, HDFC AMC |


