7 th

ADMISSION 2019

NISM Certified Course

in Securities Markets
Four Months Weekend Program

“We have D. L. Shah Trust Scholarships for students from economically weak sections whose
annual income is less than 4 lakhs”

Jointly offered by:

National Institute of Securities Markets
An Educational Initiative of SEBI

Vivekanand Education Society

Institute of Management Studies & Research
 CO
NT
EN
TS
01
Page

About NISM

02
Page

About VESIM

03
Page

About NCCSM
Course Benefits

06
Course Structure Page

Academic Team

04
Page

Program
Architecture

07
Page Page

05
Visiting Faculty
Admission Procedure

Learning Environment Student Perfomance, Evaluation

Criteria and Award of Certification

08
Page
Fee Structure
Program Schedule
Venue of the Program
Important Dates
About NISM

National Institute of Securities Markets

NISM is a public trust established by the Securities
and Exchange Board of India (SEBI), the regulator of
securities markets in India. It is an autonomous
body governed by a Board of Governors.
NISM envisions a catalytic role in promoting
securities markets research and education,
through:
•Close interface with policy makers, regulators and
industry participants
•Continuous knowledge creation, acquisition and
dissemination
•Collaboration with the larger educational and
market infrastructure to reach constitu-encies
relevant to the securities markets
The activities at NISM are carried out through its Six
Schools,
These include:
•School for Investor Education and Financial Literacy
(SIEFL)
•School for Certification of Intermediaries (SCI)
•School for Securities Information and Research (SSIR)
•School for Regulatory Studies and Supervision (SRSS)
•School for Corporate Governance (SCG)
•School for Securities Education (SSE)

Vision
To lead, catalyze and deliver education initiatives to
professionalize the securities markets.

Mission

To engage in capacity building among stakeholders

in the securities markets through promotion of
financial literacy, professional education,
certification and by helping enhance governance
standards and fostering policy research.

01
About VESIM

VES Institute of Management Studies And

Research

Late Shri Hashu Advani, a visionary, chose

some illustrious alumni who have created space for
education field to build a strong nation. He felt that
themselves either as managers or as entrepreneurs.
educated youth, with high moral values only, can
It goes without saying that behind this there is the
contribute in building a strong nation. This thinking
force of passionate faculty and support staff backed
led to the formation of Vivekanand Education
by adequate infrastructure.
Society (VES) in the year 1962. Today the society
runs 21 educational Institutions offering courses
About Centre of Excellence Banking & Finance,
from Pre-primary to Ph.D.
VESIM
With a mission to provide excellence in professional Finance has remained the most important choice of
management education, the VES Institute of students all over the world due to its significance in
Management Studies and Research (VESIM) was everyone’s life and as a tool of measuring the
established in the year 1994. VESIM is a certified economic growth of any country and organisation.
institution and has been awarded “A” Grade by Keeping this aspect in mind and the necessity to
Directorate of Technical Education (DTE) educate and produce proficient and knowledgeable
Government of Maharashtra. VESIM is affiliated to professionals in the area of Finance and banking,
University of Mumbai and the courses conducted by Centre of excellence for Banking & Finance has
the Institute are approved by All India Council for been set up. Accordingly, the Centre of excellence
Technical Education (AICTE). Since two decades, Banking & Finance has jointly launched with NISM
VESIM has been quietly contributing to the growth a four months weekend course in securities
of Indian Corporate World by providing
markets.
professionals for industry requirements. The
institute has been at the forefront of keeping the
curriculum updated according to the needs of the
corporate world, and industry interaction is a norm
rather than exception. The institute has produced

02
About NCCSM
NISM Certified Course in Securities Markets (NCCSM) is a joint program being offered by National Institute
of Securities Markets, an institute promoted by Securities and Exchange Board of India and VES Institute of
Management Studies and Research, a well-known institute offering management programs. The aim of this
program is to equip graduate and undergraduate students for careers in securities markets.

Course Benefits
Indian Securities Market has been growing in terms of market capitalisation, number of listed companies,
amount of capital raised, use of technology, inflows of funds from foreign investors and significant reforms
being brought in among other things.

With growing economic activity, securities market offers rewarding career opportunities to young students.
This program will prepare students for career in stock broking businesses, mutual funds distribution,
depository operations, and other allied activities.

Course Structure
This Four Months Weekend Program focusing on securities markets covers following six subjects in two
modules:
Module I Module II

Economics for Securities Markets

Securities Operations and Risk Management
Mathematics and Statistics for Securities Markets

Mutual Fund Distributors Certification

Equity Derivatives Certification
Research Analyst Certification

03
Duration of program
Total 100 hours- 88 hours of teaching and college exam , six hours of simulation training and six hours of
NISM Certifications exam | Sessions will be conducted on ( 2nd & 4th ) Saturdays and all Sundays
Maximum duration: Four Months

Program Architecture

Sr No. Mathematics for Securities Market (8 Hours) Hours

Measures of Central Tendency (with their interpretations)
1 Mean, Median, Mode, types of averages – simple, weighted, geometric, 2
harmonic and moving averages

Measures of Dispersion
2 Standard Deviation, Variance, Co-efficient of variation, Covariance, 3
Skewness and Kurtosis and their interpretations

Time Value of Money

3 Concepts on compounding and discounting, CAGR, Yield, Annuity, 3
Valuation of Bond (Basics)

Sr No. Economics for Securities Market (6 Hours) Hours

Introduction to Macro Economics
1 Why macroeconomics?, Key terms in Macroeconomics: GDP, GNP, BoP,
2
Fiscal Deficit, Current Account Deficit, Sources of information,
Relationship of BOT and BOP, FDI and FII Investment in India

Measuring National Income

2 Accounting of National Income, Concept of GDP and its influence on 2
economy, Savings and Investment in India (The changing composition)

Monetary Policy and Fiscal Policy

Concept of Inflation, Interest rate and Exchange rate, understanding
3 2
monetary and fiscal policy and their impact on financial markets.

Sr No. NISM-Series VII: Securities Operations and Risk Management (14 Hours)

04
 NISM Certifications

NISM-Series V A: NISM-Series VIII: NISM-Series XV:

Mutual Fund Distributors Equity Derivatives Research Analyst Certification
Certification Examination Certification Examination Examination

16 hours 20 hours 18 hours

Internal Examinations & Training

Internal Examinations (6 hours) NISM Certification Exams (6 hours) Simulation Training (6 hours)

Learning Environment
The course will be conducted by well-qualified and experienced faculty and the students will be passing
through a rigorous process of classroom teaching, assignments, case studies and evaluation.

Infrastructure
Library
Encouraging both syllabus-based & motivational reading, the VESIM library encompasses a large
collection of books and journals. Enhanced with Wi-Fi facility, most of the functions & services of the
library are automated. It has separate Audio Visual material comprising of Audio-Video CDs & dissertation.
The library also hosts a treasure-trove of works on Vedanta & philosophy.

05
 Computer Lab

Fully understanding the need for speedy &

sophisticated technology, VESIM has a
well-equipped computer lab with the latest software,
hardware and 24 hr. broadband and Wi-Fi
connectivity.

Auditorium

Providing the right ambience and platform for

students to hold seminars, workshops and
conferences with online visual facility, the Institute
has a state-of-the-art auditorium with a seating
capacity of nearly 180 persons.

Academic Team
Dr Pradip Mitra
Prof K V Ramakrishnan
Associate Professor
Assistant Professor (Adjunct)
Prof Pradip Mitra is a post graduate in management
He has working experience of nearly 38 years in the
(Finance) from Institute of Engineering and
Reserve Bank of India & Securities Trading
Management, Kolkata and completed his CFA and
Corporation of India (STCI) on deputation as the
MFA from ICFAI. He has completed his PhD from
Head of Treasury operations. He retired from STCI
Birla Institute of Technology, Mesra. He is an
in 2012 as General Manager. He was part of several
accredited management teacher from AIMA and
committees/working groups of RBI/FIMMDA. He
has cleared NET-UGC in both commerce and
had been associated with industry bodies and been
management. A result driven professional with over
part of a number of RBI committees which have
12 years of rich corporate experience in the financial
helped in the development of the Indian debt markets.
services sector (especially into stock broking and
He have taught in RBI Staff colleges & NIBM. He have
portfolio management services) he has also 9 years
been teaching finance subjects for the last five years
of full time post graduate teaching experience on
for MBA/PGDM courses in some city colleges as
various subjects finance in different management
adjunct /visiting faculty in Derivatives, Risk ,
institutes of repute.
SAPM, Commercial Banking and International
Finance. He has imparted corporate training in
Dr. Disha Shah
finance subjects to employees of Tata Capital.
Assistant Professor - Finance
Associated with a Banking Correspondent (BC) Dr. Disha Shah is PhD (Management) PAHER, MFM
Company & some cooperative banks as part of (Finance) from MET, Mumbai University DFM
their Investment Committee. He is also into (Finance) from NMIMS, Mumbai University. She has a
consultancy in finance. total industry experience of over 14 years. She has
gathered immense knowledge with hands-on field
work (corporate experience) as well as a strong
academic research (teaching experience) in the
Financial Markets and Banking Domain. 06
She has been involved with teaching Financial
Services, Advance Financial Management Security
Analysis and Portfolio Management and other finance
oriented subjects/courses at Postgraduate level to
the students of management. She is an MCOM, MBA
and CA (Inter) and completed her PhD from RTMNU
University, Nagpur. She also worked with NMC bank
and insurance company. She is PhD guide for JJTU
University. She has attended a number of National
and International Conferences where she has
presented research papers in the area of Finance.
She has to her credit more than 10 research papers
in journals and books.
Dr. Debjani Banerjee
Associate Professor
Dr Debjani Banerjee has work experience of 23
years, of which 6 years corporate experience and 17
years academic. Worked as faculty of management for
13 years and 4 years in UG course. She is Masters in
Economics and PGDBM with marketing specialization,
PhD in management, research area being “Retail
Consumption and Economic Development as Influencers
of Quality of Life-a study in the Urban Indian context”.
Core area of interest is micro economics and business
environment focusing the macro dynamics of business
world. Strategic management serves as another
interest area as it acts as the backbone of sustainable
competitive advantage. Apart from academics plays
key role in developing student's employability skills.
With a keen focus on precision, pursues the position of
being Associate Dean of Accreditation and Member
Secretary of Internal Quality assurance Cell of the
Institute.
Dr Laxmi Goritiyal
Assistant Professor
She has more than ten years of rich teaching experience in
premium business school and colleges at post graduate,
under graduate and junior college level. Currently
working with Vivekananda Education Society Institute of
Management & Research, Mumbai as an Assistant
Professor - Finance. Prior to current organization, she
worked as visiting professor at Narsee Monjee College
of Commerce And Economics, Vile Parle West and
Sadar Patel Institute of Technology, Andheri West.
Also worked as full time faculty at Chetana's Institute
of Management & Research, Bandra East, Mumbai.
She had done Doctorate in Commerce (PhD) and
Masters in Financial Management (MFM-Part-Time)
from Mumbai University. Have participated and
presented papers at national and international
conferences and published papers in various journals.
07
Visiting Faculty
Prof. Shivram Das
Prof. Shivram Das is International Finance professor
with more than 15 years of experience. He has done
his M.Com, MBA (Finance), Diploma in Investment
Studies, CFA. Shivram has been associated with the
various industry with a majority of the experience
being in Training & Development, Accounts and
Finance, Budgeting, MIS, Auditing, Corporate
Finance and Treasury Management. He is also an
enthusiastic trainer in the areas of Investment
Banking, BFSI, Accounts and Finance, Taxation, GST,
Financial Planning, Forex Management, Financial
Modeling and SAP FICO.
He has teaching experience of more than 6 years
across various institute like Mumbai University, Fin
Plan International Business School, KES, Tolani College,
Bombay Stock Exchange, National Stock Exchange
and corporate like Infosys, Capgemini, Syntel, BNY
Admission Procedure
Eligibility
Eligibility - Graduates or those pursuing graduation are
eligible to get admitted in the program.
Student Performance, Evaluation
Criteria and Award of
Certification
A candidate will be declared successful and awarded
NCCSM joint certification by VESIM and NISM, based
on the following criteria:
• Securing at least 50% marks in Internal / Term
examination undertaken on the dates
communicated by the institute.
• Submission of project work of satisfactory quality
• Meeting attendance requirement as decided by
VESIM
In case candidates are not successful in meeting the
above mentioned criteria, they can re-appear the
Internal / Term examination by paying re-examination
fees for the respective subject. For re-examination of
NISM certifications, students need to re-enrol and pay
the re-examination fee separately. Fee for re-examination
of Internal / Term examination will be communicated
at the time of re-examination. Fee for NISM Certification
re-examination will be as published on NISM website.
Time limit for re-examination is maximum 6 months
from the date of completion of the program and
maximum of 2 re-examinations can be taken.
Fee Structure
Sr No. Item Amount(Rs) GST(Rs) Total(Rs)
1 Prospectus & Registration fee 1,000 180 1,180

2 Three NISM Certification 4,500 - 4,500

examination fee
3 Tuition and other 11,000 1,980 12,980
examination fee
Total 16,500 2,160 18,660

Fee for the program

Total of Prospectus and Registration fee, NISM certification examination fee, Tuition and other fees is to be
paid by the student online in two instalments.

Break up of Fees Rs. 18,660/-

1st Instalment- Rs. 8,040/- (including GST and NISM certification exam fees)
nd
2 Instalment- Rs. 10,620/- (including GST)
Both the instalments need to be paid by students before commencement of the programme.

1st Instalment Payment Details 2nd Instalment Payment Details

Account Name : VES Institute of

Management Studies & Research
NISM Cer fied Course in Securi es Markets Payment A/c
Name of the Bank: ICICI Bank
Branch : Chembur
h p://slims.nism.ac.in/eduwiz/forms/register.html Account Number : 623901265931
IFSC Code : ICIC0006239
Branch Code : 006239

Venue for the program Program schedule

VES Institute of Management Studies And Research
Hashu Advani Memorial Complex,
495-497, Collector’s Colony, Chembur, Mumbai
Programis scheduled to commence on
9th November 2019 to be conducted over Four Months.
Timing: 02:00 pm to 6:00 pm (2nd & 4th Saturday)
10:00 am to 4:00 pm (All Sundays)

Important Dates
9 November 2019 Introductory Session
9 November 2019 Commencement of Program
11 January 2020 End of Module I
19 January 2020 Commencement of Module II
28 March 2020 End of Module II

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National Institute of Securities Markets
Plot No. 82, NISM Bhavan, Sector-17,
Vashi, Navi Mumbai - 400 703
Board: +91-22-66735100-02 | Fax: +91-22-66735110
Direct No.: +91-22-66735172
Ms. Megha Gupta
Email: megha.gupta@nism.ac.in
www.nism.ac.in
VES Institute of Management Studies And Research
Hashu Advani Memorial Complex,
495-497, Collector’s Colony, Chembur, Mumbai - 400 074
Tel: +91-22-67893000/25537110 | Fax: +91-22-25538111
Ms. Shashi Yadav
Mobile: 9136009116 | Email: shashi.yadav@ves.ac.in
www.vesim.ves.ac.in