National Institute of Securities Markets(NISM)
National Institute of Securities Markets (NISM) was established by the Securities and Exchange Board of India (SEBI), in pursuance of the announcement made by the Finance Minister in his Budget Speech in February 2005.
SEBI, by establishing NISM, articulated the desire expressed by the Government of India to promote securities market education and research.
Towards accomplishing the desire of Government of India and vision of SEBI, NISM delivers financial and securities education at various levels and across various segments in India and abroad. To implement its objectives, NISM has established six distinct schools to cater to the educational needs of various constituencies such as investors, issuers, intermediaries, regulatory staff, policy makers, academia and future professionals of securities markets.
NISM is mandated to implement Certification Examinations for professionals employed in various segments of the Indian securities markets. 
NISM also conducts numerous training programs and brings out various publications on securities markets with a view to enhance knowledge levels of participants in the securities industry.

The School for Certification of Intermediaries (SCI) at NISM is engaged in
developing and administering Certification Examinations and CPE Programs for
professionals employed in various segments of the Indian securities markets. These
Certifications and CPE Programs are being developed and administered by NISM
as mandated under Securities and Exchange Board of India (Certification of
Associated Persons in the Securities Markets) Regulations, 2007.
The skills, expertise and ethics of professionals in the securities markets are crucial
in providing effective intermediation to investors and in increasing the investor
confidence in market systems and processes. The School for Certification of
Intermediaries (SCI) seeks to ensure that market intermediaries meet defined
minimum common benchmark of required functional knowledge through
Certification Examinations and Continuing Professional Education Programmes
on Mutual Funds, Equities, Derivatives Securities Operations, Compliance, Research
Analysis, Investment Advice and many more. Certification creates quality market
professionals and catalyzes greater investor participation in the markets. Certification
also provides structured career paths to students and job aspirants in the securities

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