NiSM Investment Adviser exam aims at creating minimum knowledge requirement for an Investment adviser or a prospective investment adviser. The NiSM IA – Level 1& 2 are the minimum requirement for all the investment advisers, partners and the representatives of the investment advisers. The modules are sought after because they help build the advisory workforce that can facilitate the investors and guide them about their investments in the best way possible.
Scope of NISM Investment Adviser
There is good demand for NISM investment advisers in the BFSI domain as this industry extensively requires people with good knowledge of investment advisory to handle the premium clients.
NISM IA certified professionals could look at working with:
• Banks
• Wealth managements firms and distribution houses
• Mutual fund and insurance companies
• Boutique financial planning firms
• Financial planning software firms
Exam Details
The exams are conducted at NSE centers across India every day. Candidate can register for exam based on the seat availability. Exam fee for each of the level is Rs 1500/-. The exam duration for both the modules is 2 hrs with objective type questions and requires 60% to pass. The level 2 exam consists of case studies with objective type questions. There will be negative marking 25% of the marks assigned for each question.
NISM Investment Adviser level 1 and level 2 pattern:
NISM Investment Adviser Level 1
NISM Investment Adviser Level 2
Training details:
The training for Level 1 course will be covered in 8 hrs and Level 2 course in 12 hrs. Along with class room session, we would provide course materials in advance so that the participants are prepared before the training program. The course materials consists of
• Condensed presentation of the exam topics
• Module-wise practice questions
• 2 full length mock test
The trainers come with industry experience and are experts in their field of study.