0485- 2262211, 2262255, 2262977, 2262244, 2262311

DOMAIN CERTIFICATION

NISM-Series-XV: Research Analyst Certification Examination

The Certification seeks to create a common minimum knowledge benchmark for all associated persons registered as Research Analyst under SEBI (Research Analyst) Regulations, 2014, individuals employed as research analyst and partners of a Research Analyst, engaged in Preparation and/or publication of research report or research analysis.

Course Objectives

  • Know the basics of Indian Securities Markets and different terminologies used in equity and debt markets
  • Learn about the top down and bottom up approach to fundamental research
  • Know the basic principles for micro and macro-economic analysis, the sources of different

information for analysis and the various macroeconomic variables affecting the analysis.

  • Know the key industry drivers and sources of information for industry analysis.
  • Understand about the Qualitative and Quantitative dimensions with regards to Company

Analysis.

  • Learn about the Fundamentals of Risk and Return, Valuation Principles and the philosophy

of various Corporate Actions.

  • Understand the qualities of a good research report.

Duration 32 hours

CONTENTS

CHAPTER 1: INTRODUCTION TO RESEARCH ANALYST PROFESSION

CHAPTER 2: INTRODUCTION TO SECURITIES MARKET

CHAPTER 3: TERMINOLOGY IN EQUITY AND DEBT MARKETS

CHAPTER 4: FUNDAMENTALS OF RESEARCH

CHAPTER 5: ECONOMIC ANALYSIS

CHAPTER 6: INDUSTRY ANALYSIS

CHAPTER 7: COMPANY ANALYSIS – QUALITATIVE DIMENSIONS

CHAPTER 8: COMPANY ANALYSIS – QUANTITATIVE DIMENSIONS

CHAPTER 9: CORPORATE ACTIONS

CHAPTER 10: VALUATION PRINCIPLES

CHAPTER 11: FUNDAMENTALS OF RISK AND RETURN

CHAPTER 12: QUALITIES OF A GOOD RESEARCH REPORT

CHAPTER 13: LEGAL AND REGULATORY ENVIRONMENT

National Institute of Securities Markets (NISM) Certification Examination for Mutual Fund Distributors.

 About the Certification Examination for Mutual Fund Distributors

The examination seeks to create a common minimum knowledge benchmark for all persons involved in selling and distributing mutual funds including:

Individual Mutual Fund Distributors

Employees of organizations engaged in sales and distribution of Mutual Funds

Employees of Asset Management Companies especially persons engaged in sales and distribution of Mutual Funds

 

The certification aims to enhance the quality of sales, distribution and related support services in the mutual fund industry.

Examination Objectives

On successful completion of the examination, the candidate should:

Know the basics of mutual funds, their role and structure, different kinds of mutual fund schemes and their features. Understand how mutual funds are distributed in the market-place, how schemes are to be evaluated, and how suitable products and services can be recommended to investors and prospective investors in the market.

Get oriented to the legalities, accounting, valuation and taxation aspects underlying mutual funds and their distribution.

Get acquainted with financial planning as an approach to investing in mutual funds, and an aid for advisors to develop long term relationships with their clients.

Course Duration: 30 hours 

Course Assessment Structure

The examination consists of 100 questions of 1 mark each and should be completed in 2 hours. The passing score for the examination is 50 percent. There shall be no negative marking.

Course Contents

CHAPTER 1: CONCEPT AND ROLE OF A MUTUAL FUND

CHAPTER 2: FUND STRUCTURE AND CONSTITUENTS

CHAPTER 3: LEGAL AND REGULATORY ENVIRONMENT

CHAPTER 4: OFFER DOCUMENT

CHAPTER 5: FUND DISTRIBUTION AND CHANNEL MANAGEMENT PRACTICES

CHAPTER 6: ACCOUNTING, VALUATION AND TAXATION

CHAPTER 7: INVESTOR SERVICES

CHAPTER 8: RETURN, RISK AND PERFORMANCE OF FUNDS

CHAPTER 10: SELECTING THE RIGHT INVESTMENT PRODUCTS FOR INVESTORS

CHAPTER 11: HELPING INVESTORS WITH FINANCIAL PLANNING

CHAPTER 12: RECOMMENDING MODEL PORTFOLIOS AND FINANCIAL PLANS