Pgpsm Prospects 2014-15_full_ 31 Dec 2013_date Revised

8/12/2019 Pgpsm Prospects 2014-15_full_ 31 Dec 2013_date Revised

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Prospectus 2014-15

You would be a specialist in securities markets by then.

MOST B-SCHOOL STUDENTS CHOOSEA SPECIALIZATION IN THEIR SECOND YEAR

PGPSM is a 1-year Post Graduate Programme with

specialization in Securities Markets

An Educational Initiative of SEBI


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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 aBoard 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

To engage in capacity building among stakeholders in the securities markets through

financial literacy, professional education, certification, enhancing governance

standards and fostering policy research.

To engage in capacity building among stakeholders in the securities markets through

financial literacy, professional education, certification, enhancing governance

standards and fostering policy research.

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)

Mission

Institutes Philosophy


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BACKGROUND OF NISMIn his budget speech of February 2005, the Honourable Union Finance Minister announced that the Securities andExchange Board of India (SEBI) would establish an institute to undertake securities markets education and research.In pursuance of this mandate, SEBI established the National Institute of Securities Markets (NISM) in Mumbai as apublic trust under the Bombay Public Trusts Act, 1950. The mission for NISM is to add to market quality througheducational and research initiatives that would support, enable and expedite an entire gamut of high qualityknowledge services in the securities industry. A market for securities education and research is gradually emerging inIndia and abroad - partly due to the buoyancy in the securities industry and partly because of the regulatory efforts tocreate minimum competency levels for securities industry professionals. NISM intends to play a catalytic role inaddressing these needs. Given the uniqueness of India and other developing markets, such intervention would followthe twin approaches of accessing and disseminating the relevant existing knowledge and creating new knowledgethat is more specific and appropriate for developing markets. With no other institute in the Asian region that seeks toaddress as wide a canvas, NISM stands uniquely poised to become an institution that would not only serve thesecurities markets in India but could also assume a pan Afro-Asian purpose.

Mr. U. K. SinhaChairman, Securities and Exchange Board of India(Chairman, Board of Governors)

Mr. Rajeev Kumar AgarwalWhole Time Member,Securities and Exchange Board of India (SEBI)

Mr. Prashant SaranWhole Time Member,Securities and Exchange Board of India (SEBI)

Mr. P. K. NagpalExecutive Director,Securities and Exchange Board of India (SEBI)

Mr. Uday KotakVice Chairman & Managing Director, Kotak Mahindra

Bank Ltd.

Ms. Chanda KochharManaging Director & Chief Executive Officer, ICICI Bank

Mr. R. M. MallaFormer Chairman & Managing Director, IDBI Bank Ltd.

Dr. Anil KhandelwalFormer Chairman of Bank of Baroda

Mr. M. S. SahooSecretary, The Institute of Company Secretaries of India

Mr. Sandip GhoseDirector, NISM

Mr. Cyril Shroff

Amarchand & Mangaldas &Suresh A. Shroff & Co., Mumbai

Prof. Samir BaruaFormer Director,Indian Institute of Management (IIM),Ahmedabad

Dr. Shekhar ShahDirector-General,National Council of Applied EconomicResearch (NCAER), New Delhi

Mr. Sandip GhoseDirector, NISM. (Chairman, Academic Council)

Managing Partner,

Mr. G. P. GargRegistrar, NISM

Board of GovernorsAs on October 31, 2013


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SCHOOL FOR SECURITIES EDUCATION (SSE)

NISM articulates and implements its mission of improvingmarket quality through its six schools, each having a

specific domain presence within the securities markets.The role of the School for Securities Education (SSE) is toprovide education for preparing competent professionalswho will serve the securities markets.

The last few years have seen a demand for securitiesprofessionals who are equipped with a wider repertoire ofknowledge and skills. This demand has been spurred bythe challenges posed by the growing Indian economy andthe expanding securities markets. With the Indianeconomy growing consistently at over 5%, many Indian

companies are scaling up their activities in India andabroad. This has necessitated a greater need forcorporations to access the securities markets. The overalleconomic growth has also witnessed many Indiancorporations attracting domestic and foreign investmentsthrough listings in India and overseas.

As the Indian economy grows and as Indian investors seek

to participate more in the capital markets, the Indian stock

exchanges, mutual funds, investment bankers, analystsand stock brokers would play an even more vital role in

meeting the enhanced expectations of various

stakeholders.

With its proximity to policy makers and professionals in

the securities market community, SSE is uniquely

positioned to provide educational programmes that will

create new age securities markets professionals.


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Post Graduate Programme in Securities Markets (PGPSM)

Programme Design and Content

Learning Environment

Placement Facilitation

Academic Team

Testimonials

Admission Procedure

Important Dates

About PGPSM

Value Addition from PGPSM

Target AudienceProgramme Architecture

Student Performance and Evaluation CriteriaInfrastructure

Accommodation and Residential FacilitiesSystems Support

Library

Notebook ComputerAwards

Industry Interaction

Full-time

Visiting Faculty

Alumni

Eligibility Criteria

NISM Online Test

Cities and Towns where the test is likely to be conductedPersonal Interview

Selection Procedure

Announcement of Selected CandidatesSponsored Candidates

DocumentationFees and Deposits

Educational Loan

Online Registration-Prospectus and Online ApplicationLast date for Online Registration

Hall Ticket for NISM Online Test

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CONTENTS


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For students aspiring a career in securities markets,PGPSM is an extremely unique opportunity to obtain first-

hand knowledge, both theoretical and practical, from aninstitute established by SEBI, the market regulator. Thefaculty, consisting of academicians and practitioners, hasthe capability to deliver a high-quality programme to thestudents looking for knowledge and skill-sets as a solidfoundation.

Informal estimates indicate that the securities marketswould require about 32,000 professionals every year. Therequired skill-sets could be grouped as follows: (1) FundManagement, Analysis and Dealings (2) Sales, Product

Management and Brand Management (3) Operations andServices (4) Information Technology (5) Compliance and(6) Financial Advice and Planning.

PGPSM thus seeks to prepare students to become FundManagers, Analysts, Dealers, Institutional Sales Persons,Product Designers, Operations Managers, ComplianceOfficers, Risk Management Officers, Investment Bankers,and Investment Advisors in the securities markets.

PGPSM is a one-year full time Post-Graduate Programmeaimed at creating next generation securities marketsprofessionals.

About Post Graduate Programe inSecurities Markets (PGPSM)

Value Addition from PGPSM

Target Audience

Programme Architecture

By completing the PGPSM, students would be able to:Abstract the building blocks of the securities markets,

understand them conceptually, and develop thecapability to design solutions that meet specificrequirements

Upgrade knowledge and skill sets necessary to performthe key technical activities in the securities markets

Develop a well-rounded, complete understanding ofsecurities markets

The target audience includes: Graduates and post-graduates aspiring for careers in

securities markets Executives seeking careers or career switches related to

securities markets

Divided into four terms, the programme is a balanced blendof theory and practice. These four terms lay emphasis onthe following: Conceptual Phase Application Phase Advanced Application Phase Industry Interaction Phase

POST GRADUATE PROGRAMME IN SECURITIES MARKETS (PGPSM)


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LEARNING ENVIRONMENT

Student Performance and Evaluation

Criteria

Infrastructure

PGPSM is a rigorous programme pegged at the level ofpost graduation, leading to the award of PGPSM. Theprogramme is specially designed to raise the professionalstandards of students. The PGPSM will be awarded on thebasis of the student's performance in the followingcomponents:

Pre-class reading and preparation

Class participation

QuizzesTerm papers/projects/assignmentsMid-term and end-term examinationsAny other component of evaluation that the Institute may

prescribe from time to time A student is expected to obtain the minimum passing

grade of 50% in each of the courses listed above.

NISM Bhavan is an imposing structure, consisting of sixfloors. The Institute has high quality infrastructureconsisting of classrooms, library, canteen and loungeslocated on various floors of the building.

The hostel, NISM Niwas, also a 6-storey building, islocated about 2 Km from the Institute.

NISM draws upon the cream of academia and industry forproviding cutting-edge inputs in the Securities markets

domain.

A wide range of pedagogical approaches is deployed. Thelearning environment is further stimulated by use oftechnology such as Databases (Bloomberg, Capitaline,Prowess), Application Software (Matlab, SAS, R) andSimulated Trading with streaming data. Students areprovided with internationally benchmarked textbooks.Additionally, the library is exclusively dedicated towardsfinance, securities markets and related areas with an up-to-date collection of books and scientific journals. Book

reviews, films related to Wall Street and experientiallearning through interactions with industry expertscomplement the learning process.


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Accommodation and Residential

Facilities

Systems Support

Library

NISM Niwas, located in Sector 14, Vashi is designed toserve the needs of students who require hostel facilities.There is 24-hour Internet connectivity. Indoor gamesfacilities are also available at NISM Niwas. The hostelfacility will be provided to a limited number of students ontwin-sharing basis, and on the basis of availability. Roomswill be non-A/C. Preference for hostel accommodation willbe given to outstation students, in particular to outstationlady students.

The Institute has access to a well-equipped LAN & WiFibased network system. Classrooms, Auditorium andConference Room are adequately networked and haveaccess to server-based packages. Students will haveaccess to advanced as well as regular applications,software packages on mathematical, technical and capitalmarkets, and industry and company databases. Theseinclude Bloomberg, Prowess, Alpha, and numerical

technical packages such as SAS, SPSS, Matlab, WinRATS,E-Views, etc.

Students of PGPSM will have access to a library whichholds a collection that is highly specialized in the area ofsecurities markets. Thus library is unique owing to the factthat each book is hand-picked by faculty members andexperts. The library presently holds more than 7,600 books

and researchers all over the country have benefited from it.NISM constantly endeavours to enhance its collection ofbooks, journals and even films pertaining to the securitymarkets. Through Science-Direct, the library providesaccess to all the leading academic journals inF inance , Economics , Bus iness andManagement. In addition to the above, thelibrary subscribes to periodicals relevant tothe securities markets. PGPSM studentswould be provided library cards, enablingthem to take 2 books at a time, for aduration of one week. As regardsprescribed text books, each studentwould be provided a personal copy as part of the studykit.

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Notebook Computer

Awards

Industry Interaction

Students are expected to purchase their own Notebook/Laptop and carry it while attending classes.

Best performing student in PGPSM will be awarded GoldMedal sponsored by State Bank of India and a cashaward of`1 lakh.

NISM invites number of practitioners from industry forinteraction with the students of PGPSM to provide theirinsights and share their experiences. This platformprovides an opportunity for students to have a practicalexposure for securities industry operations and nuances.

Under the Leadership Series, senior executives from toporganizations and SEBI share their experiences.


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PLACEMENT FACILITATION

NISM does not guarantee placements. However, NISM provides assistance for placement by inviting prospective

recruiters for careers in Finance and Securities Markets. NISM received good support and encouragement from industry.

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Our alumni have given a sterling performance in the following organizations:

Asit C Mehta Intermediates

Bank of America (Continuum)

Canara Bank Securities Ltd.

Capgemini

CARE Ratings

Credit Suisse

E Clerx JMN Investment Research

Hansa Solutions

HDFC Bank

ICICI Bank

ICRA Management Services

India Nivesh

I-Peritus

IRIS Business Solutions

LKP Securities Ltd.

Markit

Mata Securities

Nomura

Punjab National Bank

PNB GILTS

Reserve Bank of India

SES Governance

State Bank of India

SWIFT

Syntel

Tariff Authority for Major Ports

TCS Thomson Reuters

Zephyr Financial


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Full-time

Prof. Sunder Ram Korivi

Dean - School for Securities Education

Prof. Sunder Ram Korivi is an MA (Economics & PoliticalScience) and PhD (Business Policy & Administration) fromthe University of Mumbai. He is a Fellow of the Institute ofChartered Accountants of India. Additionally he is also anAssociate member of the Institute of Cost & ManagementAccountants of India and the Insurance Institute of India.He was a full-time faculty member at SP Jain Institute ofManagement, and later, a Professor and Dean at NMIMSUniversity. He has conducted policy-oriented research forthe Central and State Governments. An adjunct faculty atIIM Kozhikode, he has also lectured at IIT Bombay, NIBM,NIA, NITIE, BSE and other institutes. He has guided 2PhDs, and also refereed PhD studies of several universitiesall over India. He has prior work experience with BusinessIndia as a Corporate Researcher, Tata Industrial FinanceCorporation as a Merchant Banker.

Dr. K Kiran Kumar, Assistant Professor

Dr. Kiran Kumar holds a PhD in Finance from the IndianInstitute of Science, Bangalore and an MA in Economicsfrom Hyderabad Central University. His research focuseson Market Microstructure, Derivatives, and AppliedFinancial Econometrics. He has received five Best Paperawards in national and international conferences and haspublished ten research papers. He has delivered lectures atseveral research workshops including SAS Workshop forResearchers at Indian School of Business, Structural VARModels at RBI Staff College, and Econometrics Workshopof Indian Econometric Society. Earlier, he was with theCentre for Analytical Finance, Indian School of Business asSenior Researcher and Researcher at ICICI ResearchCentre, Chennai. He is also associated with the School forSecurities Information and Research in building theNetwork for Securities Market Data.

ACADEMIC TEAM


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Dr. Poonam Singh, Assistant Professor

Dr. Poonam Mehra holds a PhD in Economics from the

Indira Gandhi Institute of Development Research (IGIDR),

Mumbai. She has been a PhD scholar at University ofHamburg under the European Union's Asia Scholarship

Programme (December 2006 - July 2008). She is a Gold

medallist in Economics (MSc) with specialization in

Econometrics and Industrial Organization. She has been

awarded National scholarship at different levels of her

academic career. Her teaching interests include

Economics for Securities Markets, Mergers &

Acquisitions, Econometrics and Regulation in Securities

Markets. She has been a guest faculty at IICM, NIBM and

Azim Premji University. She also teaches in Management

Development Programmes and SEBI programmes. Her

research interests include Applied Econometrics,

Corporate Finance, Institutional Economics and Applied

Game Theory. She has published papers in international

journals and has presented her research work in several

international conferences and workshops. She is a

reviewer for international journals. She has been involved

in policy-oriented research and consultancy projects for

Ministry of Finance, Securities Exchange Board of India

and IGIDR Finance Group. She has served as a committee

member for sponsored projects of Ministry of Finance.

Mr. Akhlaque Ahmed, Lecturer

Mr. Akhlaque Ahmed is an MSc (Applied Mathematics)

from Aligarh Muslim University and an MPhil

(Cryptography) from the University of Mumbai. He has

been a research fellow for the Ministry of Science and

Technology, Govt. of India, New Delhi. He has a Post

Graduate Diploma in Financial Engineering. Currently, he is

pursuing his Doctoral degree in Financial Derivatives from

Department of Economics (Autonomous), University of

Mumbai. Prior to Joining NISM, he was associated with

the undergraduate programme of the London School of

Economics & Political Sciences conducted at Mumbai. He

has published three journal papers in the area of financial

economics. His areas of interest include Financial

Mathematics, Financial Cryptography, Quantitative

Finance and Derivative Pricing. He is a visiting faculty at

various B-Schools of University of Mumbai and Symbosis

International University, Pune. He has industrial

experience as a consultant with PRAXIS Technologies,

Mumbai. He teaches Mathematical Finance, FinancialEngineering and related subjects. He extensively uses R-

Language, Matlab, Stata and statistical and mathematical

softwares.

Ms. Kavitha Ranganathan, Manager

Ms. Kavitha Ranganathan is an MPhil and a Post Graduate

in Commerce (Mumbai University). She is currently

pursuing a PhD in Behavioral Finance. Prior to joining

NISM, she worked as a Research Associate at IIM

Bangalore. At NISM, she is primarily associated with the

School for Securities Education (SSE), and research

projects at NISM. Her research interests are in Behavioural

Finance, Experimental Economics and Decision Making

Approaches. She is also involved in policy-oriented

research projects for Ministry of Finance, Securities and

Exchange Board of India (SEBI) and IGIDR Finance Group.

She has presented her research work at international and

national conferences and won the best paper award at the

IISc COSMAR Conference.

Ms. Shobana Balasubramaniam, Academic Associate

Ms. Shobana Balasubramaniam is an MSc in Economics

from Indira Gandhi Institute of Development and Research

(IGIDR) and Economics-Statistics graduate from Mumbai

University. She has been involved in research projects for

Ministry of Finance and Securities and Exchange Board of

India (SEBI). She has been invited by St. Xaviers' College,

Mumbai to conduct sessions in Time Series Analysis. Her

research interests include International Economics,

Applied Econometrics and Policy Research.

Dr Rachana Baid, Adjunct Associate Professor

Dr. Rachana Baid is an M.Com (Gold medalist) and PhD.

She specializes in Financial Systems and Regulatory

Policy. She has undertaken consulting assignments with

multilateral agencies such as the World Bank and has been

a visiting faculty at IIM Indore and SP Jain Institute of

Management. She has also served as an Assistant

Professor at the UTI Institute of Capital Markets, Mumbaifor about a decade.


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Visiting Faculty

Dr. Surendra Sundararajan

Dr. Surendra Sundararajan, a Professor at M. S. Universityof Baroda, is an MA (Economics), LLB, MBA (Wisconsin),and a PhD. He is an expert in Securities Markets and RiskManagement & Derivatives. He is also a visiting faculty atSP Jain Institute of Management and Great Lakes Instituteof Management.

Mr. B. Venkatesh

Mr. Venkatesh is a CFA (USA) and FRM (GARP), in additionto being a Chartered Accountant and a Cost &Management Accountant. He is an expert in SecuritiesAnalysis, Portfolio Management and Behavioural Finance.

A former Editor (Financial Markets) at Business Line (aHindu Group) publication, he is the Founder Director ofNavera Consulting, a firm that specializes in portfolioperformance evaluation. Previously, he has been a visitingfaculty at IIM Bangalore and Great Lakes Institute ofManagement.

Dr. M. Venkateshwarlu

Dr. Venkateshwarlu, MCom and PhD, is an AssociateProfessor at National Institute of Industrial Engineering(NITIE). He has also pioneered the development of the

CRISIL Certified Analyst Programme. His areas of interestare Financial Economics, Valuation and Risk Management.He has several research articles at refereed internationaland national journals, besides conference papers.

Mr. B. Renganathan

Mr. Renganathan is a Cost Accountant and Fellow of theInstitute of Company Secretaries of India. He is a SeniorVice President - Compliance and Legal, at Edelweiss. Hisareas of specialisation are Corporate Laws, SecuritiesMarkets Regulation and Mergers & Acquisitions.

Mr. Ramesh B. Thimmaraya

Ramesh Babu Thimmaraya is an ME from IIT Madras, MBAfrom NITIE, Bombay and has attained the FRMCertification from GARP. He has worked at CENDAC Labs,USA and at GE, Bangalore. He has written 18 researchpapers in many peer reviewed international journals in theareas of Applied Mathematics, Quantitative Finance andEconomics. Two of his re-search papers on mathematicalstatistics are in reputed international journals, one of thepapers is among the top-25 cited articles in the world in thearea of Time Series Analysis and Dynamics.

Mr. C. D. Shreedharan

Mr C. D. Shreedharan has 36 years of experience in theReserve Bank of India, across Foreign Exchange, ExchangeControl, Currency Markets, Money Markets and DebtMarkets. He was also a faculty member in the ReserveBank Training College.

He has been teaching at the Masters' level at prestigiousinstitutions such as IIM Kozhikode, Institute of CharteredAccountants of India, BSE Training Institute, JamnalalBajaj Institute of Management Studies, Narsee MonjeeInstitute of Management Studies, S.P.Bankers' Training

College etc. His teaching expertise is in the areas ofMacro-economics, Monetary Economics, InternationalFinance and Foreign Exchange Derivatives. He has alsomade notable contributions to the above-mentionedacademic institutions and was instrumental in thecollaborative efforts between Case Western Universityand NMIMS.

Mr. Jeet R. Shah

Mr. Jeet R.Shah is a M.Com from Mumbai University and a

Certified Financial Planner (CFP CM ). He has over 10 years

industry experience in the field of corporate and personalfinance, taxation ,capital syndication etc. Currently he is a

Partner of Veer Consultancy Services which focuses on

SME consulting and Personal Financial Planning .He likes

to teach and has a teaching experience of about 7 years

.He is a visiting faculty with NMIMS , S. P. Jain Institute of

Management and Research and Indo-German Training

Centre and has taken corporate training sessions for SBI ,

Mahindra Kotal Securities ,NISM and LIC .Jeet had been a

consultant to FPSB - India and was a expert in the second

round table on Direct Tax Code organised by Ministry OfFinance under the aegis of SEBI's - NISM.


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TESTIMONIALS

Alumni

Within a short span of time, NISM has a list of illustriousAlumni from its very first batch (20010-11). Theirexperience at NISM is briefly reproduced in the followingparagraphs.

Abhishek Priyadarshi, JMN Investment Research

This is to inform you all that I passed my CFA level-1 exam,June 2011. Other big news is Pitch Book (It's a 515 pagesfinancial database for 47 US listed restaurant companieshaving market capitalisation more than $50 million) whichI prepared for one of my client US investment bank (PiperJaffery), got published in US last month. Currently, I amworking on Spin off valuation of US companies across allsectors and also prepare reports on them. So fareverything is fine and challenging.

Balasubramanian Srinivasan, TAMP

I am glad to inform you sir, that I have been selected asMember (Finance) in Tariff Authority for Major Ports,Mumbai, a Port Regulatory Authority under Ministry ofShipping in the Rank and Pay of Additional Secretary toGovt of India. The PGPSM course subjects were veryhelpful to me while attending the interview. I wish toconvey my heartiest thanks to all the Faculty members andmanagement of NISM.

Bipul Sinha, JMN Investment Research

I am very pleased to inform you that I have passed level 2 ofCFA exam. Its been a very fruitful and an exciting year (i.e.10 months to be exact) for me at NISM. I really enjoyed theexperience and had a great time. I joined NISM with anintention to make a lateral shift from IT to finance. I gotintroduced to the concepts of finance in the classroom andhad enough time in the hostel to study for CFA whichhelped me clearing level 1 in December and level 2 in June.Here, at JMN Investments, I am working on Aircraft ABSmodels. The work is good and challenging. I am travellingto US next weekend related to my work. It would be a goodlearning experience to work in a US investment bank. I amthankful to all in realizing my goals.

Vinayaka Muppanna, IRIS Business Solutions

I am happy to inform you that I have passed my CFA level 2Exam. Thanks for all the valuable inputs I got from NISM forachieving this.

Nagesh Nayak, Capgemini

NISM, though a skeptical choice at that time, was anexperiment. I am proud to say today has dispelled my initialreservations of not being robust and course contentspecific. In retrospection, it has helped me as an individualto push myself harder into understanding, analyzing and

aspiring for greater levels in the capital market world. Ihave extremely fond memories of time that I have spent inNISM. Kudos and a heartfelt thanks to the Professors,Mentors and NISM the institution.

Swapnil Maheshwar, IRIS Business Solutions Pvt. Ltd.

NISM has helped us in building a career in capital markets.NISM is having a very good pool of faculties and otherfacilities. We have learnt a lot of things in one year of ourstay in NISM. We have been taught all subjects related tocapital markets in a very efficient way and can say our

knowledge of the financial sector is as good as of any highclass B-School. This one year course is really worth themoney. Many of us got placement also before April, whichsaved our opportunity cost also. I hope it will continue to dothe same. NISM gives a huge opportunity in researchoriented jobs, consultancy, IT etc. Wish you very best ofluck for the next batches. I am really proud of calling myselfas Alumni of this prestigious institute.

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ADMISSION PROCEDURE

Eligibility Criteria

NISM Online Entrance Test

Minimum qualification

A bachelor's degree from a recognised Indian university orequivalent with a minimum of 50% in aggregate.

Age

There is no age limit for the programme, but it is desirablethat the candidate is below 30 years of age.

Entrance Test

Candidates have a choice of using the NISM OnlineEntrance Test or other Test scores specified in theparagraph below.

Candidates having valid Test scores in the top 30 percentileof GMAT/XAT are eligible to apply. Other candidates mayappear in the NISM Online Entrance Test.

The duration of the test would be 120 minutes and themaximum marks are 100. The online test would attempt toassess the following attributes of a candidate:

1. Quantitative Aptitude - 40%2. Analytical and Reasoning Skills - 25%3. Language Proficiency - 25%4. General Knowledge of Financial Markets - 10%

Each question would be a multiple choice question withfour choices. Each correct answer would carry one mark.

There would be negative marking of 0.25 for every wronganswer.

An applicant is required to register for the online test at atest centre in select cities and towns as would be indicatedon the NISM website. The test will be conducted on May 4,2014 (Sunday). For guidance on choice and availability ofonline test centre, kindly refer to the following section ontest centres.

All candidates are required to carry ANY ONE of thefollowing as proof of identification:

PAN cardDriving LicensePassportVoter ID cardCollege Student Identity Card, current and valid OREmployer Identity Card, current and valid

The student should provide the proof of identification tothe test administrator on demand. NISM reserves theright to seek additional identification details, if

necessary.

The online tests would be carried out in the followingcities/towns: Ahmedabad, Bengaluru, Bhubaneswar,Chennai, Goa, Secunderabad, Indore, Jaipur, Kolkata,Kochi, Lucknow, Mumbai, New Delhi, Patna, Ranchi,Faridabad, Chandigarh, Surat, Gurgaon, and Pune.

If the registrations at any centre exceed the capacity orfalls well below the capacity of the test centre, NISMreserves the right to shift the candidates to another testcentre and the same would be intimated to the respectivecandidates by NISM. Candidates are required to report atthe test centre so intimated at the appropriate date andtime for taking the online test.

For further details, visit the website:www.nism.ac.in/pgpsm

Candidates will be shortlisted on the basis of marksobtained in (1) Profile and (2) Performance in the OnlineTest for a personal interview. The shortlisted candidateswill be intimated through email and/or letters. Personalinterviews are likely to be held at Bengaluru, Chennai,Hyderabad, Kolkata, Mumbai and New Delhi during May2014. NISM will intimate the exact date, time and venue ofthe personal interview to the shortlisted candidates.

Cities and Towns where the test islikely to be conducted

Personal Interview


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All expenses related to appearing for the online test andpersonal interview shall be borne by the candidate. TheInstitute will not bear or reimburse any expenditure in thisregard.

The Institute reserves the right to postpone or cancel thedates of the online test and/or personal interview. Also, theInstitute reserves the right to modify/ change or cancel anytest centre and/or personal interview centre.

Candidates are also advised to visit the Institute's websitefor any updates and other information.

The maximum class strength will be 50 students. NISMreserves the right to increase or decrease the number,depending on the quality of the applications received forconsideration. Hostel accommodation may be offereddepending upon availability. Preference will be given tooutstation and lady candidates as may be decided by theInstitute.

The list of selected candidates will be displayed on theInstitutes website on May 30, 2014. Selected candidateswould be required to pay the first installment of fees (seetable of fees) on or before June 20, 2014. Provisionaladmission offered to selected candidates who do not paythe fees on or before the stipulated date wouldautomatically stand cancelled.

Announcement of Selected Candidates

Sponsored Candidates

Sponsored candidates are those whose application formsare forwarded to NISM through their respectiveemployers, being eligible organizations, as described in thenext paragraph. The employer should furnish anundertaking to grant study leave to the said candidates andalso undertake to bear all the fees. Eligible organizationswould include1.Government Departments/ Public Sector Undertakings2.Public companies or Trusts registered with SEBI3.Banks/NBFCs recognized by RBI4.Insurance Companies/Intermediaries recognized by

IRDA.

A maximum of five seats are reserved for sponsoredcandidates. However, the sponsored candidates have toparticipate in the admission processes as applicable toother candidates. If the number of sponsored candidates isinadequate then the seats reserved for the sponsoredcandidates may be offered to other candidates. Sponsored

candidates are not allowed to participate in campusplacement process.

Selection Procedure

The final selection of the candidate will be based on thefollowing criteriaand weights, totalling to 100 points:

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Profile

a) Academic Qualification / Performance -20%b) Work Experience - 20%

Essay

Personal Interview

WEIGHT

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Documentation

Candidates shortlisted for the interview would have toshow originals and submit self-attested photocopies of thefollowing documents at the time of interview:

1. Graduation/Post Graduation certificate issued by theuniversity/institute

2. Statement of marks of graduation/post graduationexamination issued by the university/institute

3. Date of Birth certificate (i.e., S.S.C., School LeavingCertificate or Birth Certificate issued by the Municipal/Local authority)

4. Experience certificate from the employer, if applicable

Fees and Deposits

The details of the fees, refundable deposits andnonrefundable charges payable to the Institute.

Fees

The total fee is `3,00,000/- (Rupees Three Lakhs only) forthe entire year. The fee is non-refundable. Students whofail to pay the fee on time could face a penalty or could bebarred from the PGPSM Programme.

Fees are payable in two installments and Service Tax as

applicable shall be communicated to the selectedstudents.

Provisional Admission is granted to all students on theunderstanding that the final year results of theirGraduation/ Post Graduation, Degree/ Diploma shall besubmitted within reasonable time (Say, October 3, 2014).A failure or non-submission may result in the cancellationof provisional admission.


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The break-up of the fee is as under:

Refundable Deposits

In addition, the admitted students are required to pay refundable deposits,subject to terms and conditions as detailed below:

Non-Refundable Deposits

The students are also required to pay the following charges which are not-refundable.

Applicable for students availing of hostel facility. All hostel rooms are non-A/C.Deposits are refundable subject to adjustment of any dues from the students.Applicable for students availing of hostel facility. These are paid separately and directly to

the care-taker in cash every month.**Applicable to day-scholars only.

*

NO. FEE AMOUNT `

02

03

01 Tuition Fee

PARTICULARS

Examination Fee

Library Fee

2,80,000

10,000

10,000

NO. AMOUNT `

02

01 Library Deposit

PARTICULARS

Hostel Room Deposit*

10,000

10,000

NO. AMOUNT `

02

03

01

PARTICULARS

2,000

3,000

Alumni Association Fund (Annual)

Boarding Charges*

Hostel Rent (monthly)

Lunch &Tea charges per month **04

To be paid on monthly basis

To be paid on monthly basis

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Educational Loan

Online Registration - Prospectus andOnline Application

Last date for Online Registration

The Institute facilitates students in securing educationalloans. At present, the Institute has arrangements to directapplicants to Credila and HDFC Bank. Arrangements withmore institutions are underway. It is to be understood thatNISM does not recommend or guarantee the loans. In theevent of any delay in securing loans, students have toarrange for their own funds to pay all the fees, deposits andcharges as per the payment schedule provided at the timeof joining the programme. However, on a later date, if theloan is secured, the amounts paid by the student will berefunded without any interest on receipt of the amounts

from the entity that has offered the loan to the student.

The Prospectus can be downloaded from the websitewww.nism.ac.in. A candidate can register online bymaking a payment of ` 1,000, electronically (non-refundable).

Please visit the website:www.nism.ac.in, for complete details.

The last date for online registration is April 28, 2014(Monday). Please DO NOT forward copies of anycertificate along with application form.

Hall Ticket for NISM Online Test

Upon completion of formalities of online registration andpayment, the hall ticket would be generated and displayedon the screen. The candidate is required to take a print ofthe hall ticket and affix a self-attested passport sizedphotograph on the hall ticket. The printed copy of the hallticket with photo affixed should be produced when thecandidate arrives at the test centre to take the onlineadmission test.

Enquiries

All enquiries may be mailed to [email protected] is hereby clarified that no candidate seeking admissionto PGPSM shall make any attempt to influence theselection process. Candidates attempting to influence theselection process would be debarred

Force Majeure

The Institute reserves the right to postpone or cancel thedates of online test and/or personal interview. Also, theInstitute reserves the right to modify/change or cancel any

test centre and/or personal interview centre.

Candidates are also advised to visit the Institute's websitefor any updates and other information regularly.

Please Remember

The last date for online registration is April 28, 2014(Monday)

Recent Photographs have to be uploaded for OnlineRegistration

Date for NISM Online Test is May 4, 2014 (Sunday) Please visit the website www.nism.ac.in for further

updates and information


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: : PGPSM ADMISSION OFFICE : :


Plot no. 82, Sector 17, Vashi, Navi Mumbai - 400703, IndiaTel:+91 22-66735100-05 (Board) | Fax:+91 22-66735110Direct: +91 22-66735125/58 | Mobile: +91 9930880194

Email: [email protected] | Website: www.nism.ac.in

*Interviews will be scheduled at different cities depending on the requirement during this period.

IMPORTANT DATES

Admissions 2014-15

April 28, 2014

May 4, 2014

May 11, 2014

May 17- 18 &24 - 25, 2014

May 30, 2014

June 20, 2014

June 23, 2014

June 24, 2014

March 25, 2014

Last date for Online Registration

Online Test

Announcement of selected candidates for interview

*Personal interviews

Announcement of list of selected candidates

Last Date for Payment of term I fees

Last date of completing all formalities and registration

Programme Commencement and Orientation week

Commencement of Online Registration

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NISM Bhavan, Plot No. 82, Sector 17, Vashi, Navi Mumbai - 400 703Tel:022 6673 5100-05 | Fax:022 6673 5110Direct: +91 22-66735125/58 |Mobile:+91 9930880194


www.nism.ac.in

An Educational Initiative of SEBI

Pgpsm Prospects 2014-15_full_ 31 Dec 2013_date Revised

Documents

Transcript of Pgpsm Prospects 2014-15_full_ 31 Dec 2013_date Revised