🇮🇳 India · Finance
NISM Certifications Syllabus
National Institute of Securities Markets certifications mandated by SEBI for capital market and mutual fund professionals.. The complete NISM Certifications outline — 7 subjects, 30 chapters and 99 topics — laid out so you can see exactly what has to be covered and tick each item off as you go.
NISM Certifications subjects
Each subject below has its own page with the full chapter → topic → sub-topic tree and a set of real exam-style flashcards.
4 chapters · 15 topics · 39 sub-topics
Mutual Funds and Distribution4 chapters · 16 topics · 39 sub-topics
Equity and Currency Derivatives5 chapters · 15 topics · 40 sub-topics
Investment Advisory and Wealth Management4 chapters · 14 topics · 38 sub-topics
Operations, Compliance and Risk Management3 chapters · 9 topics · 25 sub-topics
Research Analysis and Fundamental Valuation5 chapters · 15 topics · 36 sub-topics
Specialized and Institutional Certifications5 chapters · 15 topics · 38 sub-topics
NISM Certifications flashcard decks
360 question-and-answer cards across 7 decks, written against this syllabus. Preview any deck free.
- Securities Markets Foundation and Structure — 51 cards
- Mutual Funds and Distribution — 52 cards
- Equity and Currency Derivatives — 51 cards
- Investment Advisory and Wealth Management — 51 cards
- Operations, Compliance and Risk Management — 51 cards
- Research Analysis and Fundamental Valuation — 54 cards
- Specialized and Institutional Certifications — 50 cards
How to work through the NISM Certifications syllabus
The outline on this page is arranged the way the syllabus itself is: subject, then chapter, then topic, then sub-topic. That last level is what most study plans skip, and it is where coverage actually goes wrong — a chapter marked "done" often has three sub-topics inside it that were never touched.
Weight your plan accordingly: Mutual Funds and Distribution carries 16 topics while Operations, Compliance and Risk Management carries 9. Giving both the same number of weeks is the most common planning mistake for NISM Certifications.
The ~125 hour estimate above is a first pass only: roughly 45 minutes per topic plus 12 minutes per sub-topic. Revision cycles, past papers and mocks sit on top of that number.
NISM Certifications syllabus FAQ
What subjects are in the NISM Certifications syllabus?
NISM Certifications covers 7 subjects: Securities Markets Foundation and Structure, Mutual Funds and Distribution, Equity and Currency Derivatives, Investment Advisory and Wealth Management, Operations, Compliance and Risk Management, Research Analysis and Fundamental Valuation and Specialized and Institutional Certifications. Together they contain 30 chapters and 99 named topics.
How many topics does the NISM Certifications syllabus contain?
The full NISM Certifications outline breaks down into 30 chapters, 99 topics and 255 sub-topics. Mutual Funds and Distribution is the largest single subject with 16 topics across 4 chapters.
How long does it take to cover the whole NISM Certifications syllabus?
Roughly 125 hours for one full pass. That estimate allows about 45 minutes per topic plus 12 minutes per sub-topic, so it is first-pass coverage — revision, past papers and mock tests sit on top of it. At 3 hours a day that is about 6 weeks.
Are there NISM Certifications flashcards?
Yes — 360 question-and-answer flashcards across 7 decks, one per subject, written against this syllabus. A sample of every deck is readable on this site for free, and the complete decks are in the Examius app.
Is this NISM Certifications syllabus free to use?
Yes. Every page here is free to read, and importing the NISM Certifications syllabus into the Examius app to tick off topics as you finish them is free too, in India and everywhere else. No account is needed to start.
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