The National Institute of Securities Markets (NISM) is a specialized higher education institution established in 2006 in Raigad, Maharashtra, under the aegis of the Securities and Exchange Board of India (SEBI), the statutory regulator for securities markets in India. NISM operates as a public trust and is approved by the All India Council for Technical Education (AICTE). The institute is recognized for its focus on securities markets, offering 35 postgraduate and certificate programs across 11 specializations, including Business Analytics, Finance, Financial Modelling, Investment Banking, and Law. With an annual intake of approximately 330 seats, NISM caters to students seeking careers in financial markets, management, and related domains. The fee structure is broad, ranging from INR 1,200 to INR 6,00,000 depending on the program, and the institute is known for its industry-aligned curriculum, advanced trading labs, and emphasis on practical learning.
National Institute of Securities Markets Admission Deadlines
NISM follows a structured admission calendar, with application windows typically opening in January–February for most flagship programs, though exact dates may vary by course. The selection process for postgraduate programs often concludes by April–May, with classes commencing in June–July. Certificate courses may have multiple batches through the year, with rolling admissions. Prospective students are advised to monitor the official website for program-specific deadlines, as these can shift slightly year to year. Application fees generally range from INR 1,000 to INR 1,500, depending on the program. NISM does not typically announce mid-year or late admissions for its main academic programs, so timely application is critical.
Program Type | Application Start | Application End | Selection Timeline | Session Start |
PG Programs | January–February | March–April | April–May | June–July |
Certificate Courses | Rolling | Rolling | Rolling | Multiple Batches |
National Institute of Securities Markets UG Admission
NISM Raigad does not offer traditional undergraduate (UG) degree programs such as BA, BSc, or BCom. The institute’s academic portfolio is focused on postgraduate diplomas, certificates, and specialized management programs. Students seeking UG education in securities or finance must look to other institutions, as NISM’s offerings begin at the postgraduate and professional certification levels.
Program | Eligibility | Intake | Selection Criteria | Fees (INR) |
UG Programs | NA | NA | NA | NA |
National Institute of Securities Markets PG Admission
NISM Raigad is best known for its postgraduate offerings, which include flagship programs such as the Post Graduate Diploma in Management (Securities Markets), Post Graduate Diploma in Portfolio Management, Investment Advisory & Research Analysis, and LL.M. in Investment and Securities Laws. Admission to these programs typically requires a bachelor’s degree in any discipline with a minimum of 50% marks (45% for reserved categories). Selection is based on a combination of academic record, entrance test scores (such as CAT, XAT, GMAT, or NISM’s own test), group discussion, and personal interview. The annual intake for all PG programs is around 330 seats, with fees ranging from INR 1,20,000 to INR 6,00,000 depending on the course. Some programs may also consider work experience as part of the eligibility criteria.
Program | Eligibility | Intake | Selection Criteria | Fees (INR) |
PGDM (Securities Markets) | Bachelor’s (50%) | ~100–120 | CAT/XAT/GMAT/NISM Test, GD, PI | 4,00,000–6,00,000 |
PG Diploma (Portfolio Management) | Bachelor’s (50%) | ~30–50 | Academic Record, Entrance, Interview | 3,00,000–5,00,000 |
LL.M. (Investment & Securities Laws) | LLB (50%) | ~20–30 | Academic Record, Entrance, Interview | 2,00,000–4,00,000 |
PG Certificate (Data Science, Financial Markets) | Bachelor’s (50%) | ~20–30 | Academic Record, Entrance, Interview | 1,20,000–3,00,000 |
National Institute of Securities Markets Application Process
The application process for NISM Raigad is conducted online through the institute’s official website. Candidates must register, fill out the application form, upload required documents (academic transcripts, entrance scorecards, ID proof, etc.), and pay the application fee (INR 1,000–1,500). Shortlisted candidates are invited for further selection rounds, which may include a written test, group discussion, and personal interview. Admission offers are made based on overall performance in these stages. NISM does not typically conduct offline or walk-in admissions for its main academic programs.
Register and create an account on the NISM admissions portal.
Fill the application form with personal, academic, and professional details.
Upload scanned copies of required documents (mark sheets, scorecards, ID proof).
Pay the application fee online.
Track application status and attend selection rounds if shortlisted.
Step | Description |
Registration | Online via NISM portal |
Form Submission | Fill details, upload documents |
Fee Payment | INR 1,000–1,500 (online) |
Selection Rounds | Test, GD, PI (if shortlisted) |
Admission Offer | Based on overall performance |