8/19/2019 Ncfm Test and Fees

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NATIONAL STOCK EXCHANGE OF INDIA LIMITED

DEPARTMENT : SBU-Education

Date : 15 Nov, 2015

NCFM Test Details

Sr.No.

Name of ModuleFees(Rs.)

TestDuration(inminutes)

No. ofQuestions

MaximumMarks

PassMarks(%)

CertificateValidity(in yrs)

FOUNDATION

1 Algorithmic Trading Module 6870 * 120 100 100 60 3

2 Financial Markets: A Beginners’ Module ^ 1718 * 120 60 100 50 5

3 Mutual Funds : A Beginners' Module 1718 * 120 60 100 50 5

4 Currency Derivatives: A Beginner’s Module  1718 * 120 60 100 50 5

5 Equity Derivatives: A Beginner’s Module  1718 * 120 60 100 50 5

6Interest Rate Derivatives: A Beginner’sModule 1718 * 120 60 100 50 5

7Commercial Banking in India: A Beginner’sModule 1718 * 120 60 100 50 5

8 FIMMDA-NSE Debt Market (Basic) Module 1718 * 120 60 100 60 5

9 Securities Market (Basic) Module 1718 * 120 60 100 60 5

10Clearing Settlement and Risk ManagementModule 1718 * 60 75 100 60 3

INTERMEDIATE

1 Capital Market (Dealers) Module ^ 1718 * 105 60 100 50 5

2

Derivatives Market (Dealers) Module ^

[Please refer to footnote no. (i) ] 1718 * 120 60 100 60 3

3Investment Analysis and PortfolioManagement Module 1718 * 120 60 100 60 5

4 Fundamental Analysis Module 1718 * 120 60 100 60 5

5 Options Trading Strategies Module 1718 * 120 60 100 60 5

6 Operations Risk Management Module 1718 * 120 75 100 60 5

7 Banking Sector Module 1718 * 120 60 100 60 5

8 Treasury Management Module 1718 * 120 60 100 60 5

9 Insurance Module 1718 * 120 60 100 60 5

10Macroeconomics for Financial MarketsModule 1718 * 120 60 100 60 5

11 NSDL –Depository Operations Module 1718 * 75 60 100 60 # 5

12 Commodities Market Module 2061 * 120 60 100 50 3

13 Surveillance in Stock Exchanges Module 1718 * 120 50 100 60 5

14 Corporate Governance Module 1718 * 90 100 100 60 5

15 Compliance Officers (Brokers) Module 1718 * 120 60 100 60 5

16 Compliance Officers (Corporates) Module 1718 * 120 60 100 60 5

17 Information Security Auditors Module (Part-1) 2576 * 120 90 100 60 2

Information Security Auditors Module (Part-2) 2576* 120 90 100 60

18 Technical Analysis Module 1718 * 120 60 100 60 5

19 Mergers and Acquisitions Module 1718 * 120 60 100 60 5

20 Back Office Operations Module 1718 * 120 60 100 60 5

21 Wealth Management Module 1718 * 120 60 100 60 5

22 Project Finance Module 1718 * 120 60 100 60 5

23 Venture Capital and Private Equity Module 1718 * 120 70 100 60 5

8/19/2019 Ncfm Test and Fees

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 24 Financial Services Foundation Module ### 1145 * 120 45 100 50 NA

25 NSE Certified Quality Analyst $ 1718 * 120 60 100 50 NA

Sr.No.

Name of ModuleFees(Rs.)

TestDuration(inminutes)

No. ofQuestions

MaximumMarks

PassMarks(%)

CertificateValidity(in yrs)

ADVANCED

1 Financial Markets (Advanced) Module 1718 * 120 60 100 60 5

2 Securities Markets (Advanced) Module 1718 * 120 60 100 60 5

3Derivatives (Advanced) Module[Please refer to footnote no. (i) ] 1718 * 120 55 100 60 5

4 Mutual Funds (Advanced) Module 1718 * 120 60 100 60 5

5 Options Trading (Advanced) Module 1718 * 120 35 100 60 5

6 FPSB India Exam 1 to 4**

2500per

exam * 120 75 140 60 NA

7 Examination 5/Advanced Financial Planning ** 6000 * 240 30 100 50 NA

8 Equity Research Module ## 1718 * 120 49 60 60 2

9 Issue Management Module ## 1718 * 120 55 70 60 2

10 Market Risk Module ## 1718 * 120 40 65 60 211 Financial Modeling Module ### 1145 * 120 30 100 50 NA

12

Certified Credit Research Analyst (CCRA) – 

Level 1 1718 * 120 80 120 60 NA

13

Certified Credit Research Analyst (CCRA) – 

Level 2 2576* 180 85 120 60 NA

1 NSE’s Capital Market Aptitude Test (NCMAT) 1718 * 120 100 100 60 NA

* in the ‘Fees’ column - indicates module fees inclusive of service tax

^ Candidates have the option to take the tests in English, Gujarati or Hindi languages.

# Candidates securing 80% or more marks in NSDL-Depository Operations Module ONLY will be certified as ‘Trainers’. ** Following are the modules of Financial Planning Standards Board India (Certified Financial Planner Certification)

- FPSB India Exam 1 to 4 i.e. (i) Risk Analysis & Insurance Planning (ii) Retirement Planning & Employee Benefits (iii) InvestmentPlanning and (iv) Tax Planning & Estate Planning

- Examination 5/Advanced Financial Planning

## Modules of Finitiatives Learning India Pvt. Ltd. (FLIP)

### Module of IMS Proschool

$ Module of SSA Business Solutions (P) Ltd.

~ Module of Association of International Wealth Management of India

The curriculum for each of the modules (except Modules of Financial Planning Standards Board India, Finitiatives Learning India Pvt. Ltd. andIMS Proschool) is available on our website: www.nseindia.com > Education > Certifications.

Note: (i) SEBI / NISM has specified the NISM-Series-VIII-Equity Derivatives Certification Examination as the requisite standard for associatedpersons functioning as approved users and sales personnel of the trading member of an equity derivatives exchange or equity derivativesegment of a recognized stock exchange.