TYPE OF JOBS YOU CAN GET AFTER CLEARING THE NISM EXAM
Posted on 27 20 May 2021
- BROKER / DEALER
Broker is a person or firm who arranges transactions between a buyer and a seller for a commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a principal party to the deal. Neither role should be confused with that of an agent one who acts on behalf of a principal party in a deal.
To become a broker you have to clear the NISM VIII-Equity Derivatives exam.
- MERCHANT BANKER
As per SEBI rules, a nism merchant banker refers to, “any person who is engaged in the business of issue management either by making arrangements regarding buying, selling or subscribing to securities or acting as manager, consultant or rendering corporate advisory services in relation to such issue management”.
Merchant Banking is a skill oriented professional service. To become a Merchant Banker you have to clear the NISM IX - Merchant Banking exam.
- MUTUAL FUND DISTRIBUTOR
Nism Mutual fund distributor is an individual or entity that helps investors to buy and sell mutual funds. They earn income as a fixed fee or a percentage of commission from the investor's portfolio.
To become a Mutual Fund distributor you have to clear the NISM VA mutual fund exam.
- RESEARCH ANALYST
A nism research analyst is a professional who prepares investigative reports on securities or assets for in-house or client use. The report an analyst prepares entails the examination of public records of securities of companies or industries, and often concludes with a buy, sell, or hold recommendation.
To become a Research analyst you have to clear the NISM XV exam.
- INVESTMENT ADVISOR
An nism investment advisor is any person or group that makes investment recommendations or conducts securities analysis in return for a fee, whether through direct management of clients' assets or by way of written publications.
To become an Investment advisor you have to clear the NISM XA and NISM XB.