The NISM Research Analyst Certification Examination is the NISM Series XV of NISM Certifications. The exam was launched on March 2, 2015. It is an entry-level exam for professionals working in the equity research analyst area. A significant part of the NISM Series XV exam includes Fundamental Analysis, and a very small part covers Technical Analysis. Despite this, equity research analysts working in both fundamental and technical analysis areas are required to pass the examination as per Regulation 7(2) of the SEBI (Research Analysts) Regulations, 2014. Our team at PrepCafe has drafted a few FAQs about the examinations for the benefit of exam takers.
Whom is the NISM Research Analyst Certification Examination mandatory for?
As per the regulations, "research analyst" means a person who is primarily responsible for:
- Preparation or publication of the content of the research report; or
- Providing research report; or
- Making 'buy/sell/hold' recommendations; or
- Giving price targets; or
- Offering an opinion concerning public offers,
with respect to securities that are listed or to be listed on a stock exchange, whether or not any such person has the job title of 'research analyst' and includes any other entities engaged in the issuance of research reports or research analysis. Explanation: The term also includes any associated person who reports.
The RA Regulations do not cover personnel engaged in clerical activities/marketing activities, back-office assistance, support services, etc., in relation to the publication and/or distribution of research reports. Apart from the above, any student, businessman, or any other person interested in switching to the Equity Research Analyst role can undertake this exam.
What topics are covered under the NISM Research Analyst Certification Examination?
The NISM Research Analyst Certification Examination covers the following topics:
- Basics of Indian Securities Markets and different terminologies used in equity and debt markets
- Top-down and bottom-up approaches to fundamental research
- Principles for micro and macro-economic analysis, the sources of different information for analysis, and the various macroeconomic variables affecting the analysis
- Key industry drivers and sources of information for industry analysis
- Company Analysis based on Qualitative and Quantitative dimensions
- Fundamentals of Risk and Return, Valuation Principles, and the philosophy of various Corporate Actions
- Qualities of a good research report
Where can I obtain the NISM Research Analyst Study Material?
A soft copy of the https://www.prepcafe.in/nism-study-material NISM Research Analyst Study Material can be downloaded free of cost from our website. If you wish to purchase a physical copy of the NISM Research Analyst study material, you can purchase it online, and the book will be delivered to your address. The books are also available at major bookstores across India.
Where can I find NISM mock tests for the NISM Research Analyst Exam?
https://www.prepcafe.in/free-nism-mo...nism-mock-test Free NISM Series XV Research Analyst Mock Test for the NISM Series XV - Research Analyst Exam is available on our website. The mock test consists of 10 sample questions and can be accessed by logging into our website. https://www.prepcafe.in/premium-nism...mium-mock-test Premium NISM Mock Test for the NISM Research Analyst Exam, consisting of 4 premium quality mock tests with 400 questions, is also available at Rs. 399/- only. Each NISM mock test has a validity of 45 days and can be attempted 3 times during the subscription period.
How can I register and enroll for the NISM Research Analyst Exam?
Registration and Enrollment for all NISM Certification Examinations can be done online through the NISM Certification Portal. For Registration to the NISM Certification portal, you should have your Permanent Account Number (PAN), a scanned copy of your PAN Card, a soft copy of your photograph, a valid email address, and your basic details such as your Name, Date of Birth, Educational Details, Employment Details, etc. After successful submission of the online NISM Registration form, you will receive a NISM Registration Number and an activation link on your email. You will need to click on the activation link to activate your NISM Account. After activation, you will be able to log in.
After logging in using your email and password, you need to go to "Enrolment" -> "Enroll for Examination" link and follow the following steps:
Step 1: Selection of Examination: Here you need to select the NISM Series XV: Research Analyst Certification Examination.
Step 2: Check Seat Availability: Select the Exam City, Test Centre of your choice, and the Date Range during which you wish to take the exam.
Step 3: Select a Time Slot: You will be shown the availability of Test Slots for the exam. Select one and click "Enroll for the Examination".
Step 4: Make Payment: Please accept the terms and conditions and proceed for online payment using a credit card, debit card, or internet banking.
After successful payment, your Admit Card will be generated. You should carry this admit card and an original identity card to the examination centre, 30 minutes before the actual exam time. Acceptable identity cards are PAN Card, Driving License, Passport, and Aadhar Card only.
What is the assessment structure for NISM Series XV - Research Analyst Certification Examination?
DURATION: 120 MINUTES
NO. OF QUESTIONS: 100
MAXIMUM MARKS: 100
PASS MARKS: 60
NEGATIVE MARKS: 25% FOR EACH WRONG ANSWER
CERTIFICATE VALIDITY: 3 YEARS FROM DATE OF EXAM
EXAM FEES: Rs. 1500/-
What is the syllabus outline for NISM Series XV - Research Analyst Certification Examination?
A detailed syllabus for the NISM Research Analyst Exam with topic-wise weightages is available on our website www.prepcafe.in
Useful Links for NISM Certification Exams:
https://www.prepcafe.in/nism-certifications
https://www.prepcafe.in/free-nism-mock-test
https://www.prepcafe.in/nism-study-material
From India, Mumbai
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1Whom is the NISM Research Analyst Certification Examination mandatory for?
As per the regulations, "research analyst" means a person who is primarily responsible for:
- Preparation or publication of the content of the research report; or
- Providing research report; or
- Making 'buy/sell/hold' recommendations; or
- Giving price targets; or
- Offering an opinion concerning public offers,
with respect to securities that are listed or to be listed on a stock exchange, whether or not any such person has the job title of 'research analyst' and includes any other entities engaged in the issuance of research reports or research analysis. Explanation: The term also includes any associated person who reports.
The RA Regulations do not cover personnel engaged in clerical activities/marketing activities, back-office assistance, support services, etc., in relation to the publication and/or distribution of research reports. Apart from the above, any student, businessman, or any other person interested in switching to the Equity Research Analyst role can undertake this exam.
What topics are covered under the NISM Research Analyst Certification Examination?
The NISM Research Analyst Certification Examination covers the following topics:
- Basics of Indian Securities Markets and different terminologies used in equity and debt markets
- Top-down and bottom-up approaches to fundamental research
- Principles for micro and macro-economic analysis, the sources of different information for analysis, and the various macroeconomic variables affecting the analysis
- Key industry drivers and sources of information for industry analysis
- Company Analysis based on Qualitative and Quantitative dimensions
- Fundamentals of Risk and Return, Valuation Principles, and the philosophy of various Corporate Actions
- Qualities of a good research report
Where can I obtain the NISM Research Analyst Study Material?
A soft copy of the https://www.prepcafe.in/nism-study-material NISM Research Analyst Study Material can be downloaded free of cost from our website. If you wish to purchase a physical copy of the NISM Research Analyst study material, you can purchase it online, and the book will be delivered to your address. The books are also available at major bookstores across India.
Where can I find NISM mock tests for the NISM Research Analyst Exam?
https://www.prepcafe.in/free-nism-mo...nism-mock-test Free NISM Series XV Research Analyst Mock Test for the NISM Series XV - Research Analyst Exam is available on our website. The mock test consists of 10 sample questions and can be accessed by logging into our website. https://www.prepcafe.in/premium-nism...mium-mock-test Premium NISM Mock Test for the NISM Research Analyst Exam, consisting of 4 premium quality mock tests with 400 questions, is also available at Rs. 399/- only. Each NISM mock test has a validity of 45 days and can be attempted 3 times during the subscription period.
How can I register and enroll for the NISM Research Analyst Exam?
Registration and Enrollment for all NISM Certification Examinations can be done online through the NISM Certification Portal. For Registration to the NISM Certification portal, you should have your Permanent Account Number (PAN), a scanned copy of your PAN Card, a soft copy of your photograph, a valid email address, and your basic details such as your Name, Date of Birth, Educational Details, Employment Details, etc. After successful submission of the online NISM Registration form, you will receive a NISM Registration Number and an activation link on your email. You will need to click on the activation link to activate your NISM Account. After activation, you will be able to log in.
After logging in using your email and password, you need to go to "Enrolment" -> "Enroll for Examination" link and follow the following steps:
Step 1: Selection of Examination: Here you need to select the NISM Series XV: Research Analyst Certification Examination.
Step 2: Check Seat Availability: Select the Exam City, Test Centre of your choice, and the Date Range during which you wish to take the exam.
Step 3: Select a Time Slot: You will be shown the availability of Test Slots for the exam. Select one and click "Enroll for the Examination".
Step 4: Make Payment: Please accept the terms and conditions and proceed for online payment using a credit card, debit card, or internet banking.
After successful payment, your Admit Card will be generated. You should carry this admit card and an original identity card to the examination centre, 30 minutes before the actual exam time. Acceptable identity cards are PAN Card, Driving License, Passport, and Aadhar Card only.
What is the assessment structure for NISM Series XV - Research Analyst Certification Examination?
DURATION: 120 MINUTES
NO. OF QUESTIONS: 100
MAXIMUM MARKS: 100
PASS MARKS: 60
NEGATIVE MARKS: 25% FOR EACH WRONG ANSWER
CERTIFICATE VALIDITY: 3 YEARS FROM DATE OF EXAM
EXAM FEES: Rs. 1500/-
What is the syllabus outline for NISM Series XV - Research Analyst Certification Examination?
A detailed syllabus for the NISM Research Analyst Exam with topic-wise weightages is available on our website www.prepcafe.in
Useful Links for NISM Certification Exams:
https://www.prepcafe.in/nism-certifications
https://www.prepcafe.in/free-nism-mock-test
https://www.prepcafe.in/nism-study-material
From India, Mumbai
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