NISM PG program on Financial Market, a promising start-The National Institute of Securities Markets (NISM), established by SEBI, offers various long-term programs in securities markets, financial planning, and related areas. These are categorized into residential (full-time, on-campus with hostel facilities, typically at NISM’s Patalganga campus near Mumbai) and non-residential (often weekend, hybrid, or online modes suitable for working professionals).
The program accepts the national score such as CAT/XAT/CMAT for some courses and for others it conducts the NISM 2026 entrance test.
For some PG courses the candidates are offered stipend per month and internship at ICICI group.
We have given here the detrails of the Residential programmes, mode of selection,placement.
As of January 2026, here are the key residential and non-residential programs with details relevant to 2026 intakes (based on ongoing or upcoming admissions cycles like 2026-27 or 2026-28 batches). For the most accurate and updated information, including fees, exact eligibility, and application status, visit the official NISM website: https://www.nism.ac.in/long-term-programs.
Residential Programs (Full-time, on-campus)
These involve immersive learning with hostel accommodation and are ideal for fresh graduates or those seeking intensive exposure.
- Post Graduate Program in Investments & Securities Markets (PGPISM)
- Duration: 1 year full-time.
- Focus: Covers economics, financial analysis, corporate finance, portfolio management, equity valuation, derivatives, investment banking, mutual funds, wealth management, etc. Includes industry internship.
- Eligibility-Three years degree with 2 years experience in Junior Manager post or 4 years ug degree with one year experience or • Work experience preferred but not mandatory.
- Applying link-https://apply.nism.ac.in/pgpism-application-form.
- • A Master’s Degree (in any discipline excluding performing Arts) or 5/6 year Integrated LLB (BA/BCom/BBA/BTech – LLB) from a recognised university.
- AND
- • Any one completed recognized professional certification or degree:
- • CA (Intermediate Level)
- • CMA (Intermediate Level)
- • CS (Executive Level)
- • CFA (Level -1)
- • FRM (Part -1)
- • CFP (Level-1)
- • CTP
- • CMT (Level-1)
- • LLB
- 2026-27 Batch (Batch-II): Applications opened December 30, 2025; last date April 3, 2026. Orientation May 31, 2026; session begins June 1, 2026.
- Career paths: Analysts, investment/treasury/risk managers, compliance officers, financial/wealth planners.
- Course fee-3,37,000
- Placement has been 100 %
Weightage
| Component | Weightage (%) |
| Personal Interview (PI) | 60 |
| Past Academics (Xth / SSC) or Equivalent Examination | 10 |
| Past Academics (XII / HSC) or Equivalent Examination | 10 |
| Past Academics (Graduation, LLB, BE, BTECH) | 10 |
| Work Experience | 10 |
| Total | 100 |
Post Graduate Diploma in Management (Securities Markets) – PGDM (SM)
- Duration: 2 years (AICTE-approved, equivalent to MBA).
- Focus: In-depth knowledge of securities markets, finance, economics, law, portfolio/equity/fixed income/derivatives management, investment banking, etc.
- 2026-28 Batch (Batch VIII): Admissions ongoing/open for 2026 intake. Total fees around INR 6,78,000 (including tuition and hostel; confirm latest). Seats: Around 180.
- Eligibility: Bachelor’s degree (minimum 3 years) from a recognized university with at least 50% aggregate marks (relaxation may apply for reserved categories in some cases). Final-year students can apply if they complete their graduation by July 13, 2026. Strong consistent academic record (10th, 12th, graduation) is considered. Valid score in CAT 2025, XAT 2026, CMAT 2026, or MAT 2025/2026 required
- Applying link at: https://apply.nism.ac.in/pgdm.
Weightage
Weightage BreakdownComponent Marks Competitive Exam Score (CAT 2025, XAT 2025, CMAT 2025, MAT 2025/26) 50 Personal Interview (PI) 30 Past Academics (Xth / SSC) or Equivalent Examination 5 Past Academics (XII / HSC) or Equivalent Examination 5 Past Academics (Graduation) 5 Profile (Academic Diversity and Gender Diversity) 5 Total 100
Placement has been almost 100 percent for these candidates who participated in the placement
LL.M (Investment & Securities Laws)
Other residential elements may appear in partnered programs like Post Graduate Certificate in Securities Markets (PGCSM), which includes classroom training at NISM.
Test Structure
All applicants must take this test covering Constitutional Law, Jurisprudence, Law of Contract, Company Law, and Current Affairs.
Section DetailsSection Number of Questions Constitutional Law 20 Jurisprudence 20 Law of Contract 20 Company Law 40 Current Affairs 20
The test spans 120 minutes total, with Company Law receiving the highest weightage at 40 questions. This format tests foundational legal knowledge essential for securities markets programs.
Weightage BreakdownSection Weightage (%) NISM AT 2026 50 Personal Interview (PI) 30 Past Academics (Xth/SSC) or Equivalent Examination 5 Past Academics (XII/HSC) or Equivalent Examination 5 Past Academics (LLB) 5 Diversity 5 Total 100
Post Graduate Certificate in Securities Markets (PGCSM)
- Duration: 1 year (includes classroom + internship; hybrid elements possible).
- Often partnered (e.g., with ICICI Bank).
- Internship at ICICI Group
- During the 9 months classroom-training period the participants will be paid a stipend of ₹ 10,000 per month, to cover the incidental expenses.
- During the 3 months internship phase with ICICI Bank, the participants will be paid a stipend of ₹ 50,000 per month to cover the expenses incurred.
Placement
100 percent
Eligibility
- Graduate in any discipline (minimum 55% in graduation).
- -12th and 10th – (minimum of 60%) [Additional – Should have studied mathematics at the intermediate level].
- 3.Working professionals who are CAs / Engineers / Graduates in any discipline(s).
- 4.Work Experience – Minimum of 3 years (Full time experience).
- 5.Professional Experience – Preferable work experience in corporate finance, treasury or investment verticals in organizations.
- Other short-term/non-residential: PG Certification in FinTech (10-month online weekend), various CPE (Continuing Professional Education) programs, and certifications.
NISM also runs shorter certifications, exams, and events like the National Financial Literacy Quiz 2026, but the query focuses on residential/non-residential programs (longer-term/postgraduate).
Admissions typically involve online applications, possible screening tests/interviews, and merit lists. Programs are designed to build domain expertise for careers in securities markets, investment firms, banks, etc. Check the official site for brochures, FAQs, and contact (e.g., pgdm@nism.ac.in for PGDM).
Residential Programs (Full-time, on-campus at Patalganga)
- Selection: Based on entrance exam scores, academics, and possibly interviews/group discussions.
- Selection: Application screening + online personal interview.
FAQs
The application form is open from December 20 and you can apply according your choice of courses
Yes score of CAT/XAT/CMAT/MAT are acceptable PGDM SM programme only
Yes it is available after the course. The placement has been excellent of the course
The seats varies according to the course you choose, the last step of selection is interview
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