NCFM Module

Sr. No.	Name of Module	Fees(INRs)	Test Duration (in minutes)	No. of Questions	Maximum Marks	Pass Marks (%)	Certificate Validity (in years)
1	Financial Markets: A Beginners’ Module *	1686	120	60	100	50	5
2	Mutual Funds : A Beginners’ Module	1686	120	60	100	50	5
3	Currency Derivatives: A Beginner’s Module	1686	120	60	100	50	5
4	Equity Derivatives: A Beginner’s Module	1686	120	60	100	50	5
5	Interest Rate Derivatives: A Beginner’s Module	1686	120	60	100	50	5
6	Commercial Banking in India: A Beginner’s Module	1686	120	60	100	50	5
7	Securities Market (Basic) Module	1686	120	60	100	60	5
8	Capital Market (Dealers) Module *	1686	105	60	100	50	5
9	Derivatives Market (Dealers) Module *	1686	120	60	100	60	3
10	FIMMDA-NSE Debt Market (Basic) Module	1686	120	60	100	60	5
11	Investment Analysis and Portfolio Management Module	1686	120	60	100	60	5
12	Fundamental Analysis Module	1686	120	60	100	60	5
13	Financial Markets (Advanced) Module	1686	120	60	100	60	5
14	Securities Market (Advanced) Module	1686	120	60	100	60	5
15	Mutual Funds (Advanced) Module	1686	120	60	100	60	5
16	Banking Sector Module	1686	120	60	100	60	5
17	Insurance Module	1686	120	60	100	60	5
18	Macroeconomics for Financial Markets Module	1686	120	60	100	60	5
19	NISM-Series-I: Currency Derivatives Certification Examination	1000	120	100	100	60	3
20	NISM-Series-II-A: Registrars to an Issue and Share Transfer Agents - Corporate Certification Examination	1000	120	100	100	50	3
21	NISM-Series-II-B: Registrars to an Issue and Share Transfer Agents - Mutual Fund Certification Examination	1000	120	100	100	50	3
22	NISM-Series-IV: Interest Rate Derivatives Certification Examination	1000	120	100	100	60	3
23	NISM-Series-V-A: Mutual Fund Distributors Certification Examination *	1000	120	100	100	50	3
24	NISM-Series-VI: Depository Operations Certification Examination	1000	120	100	100	60	3
25	NISM Series VII: Securities Operations and Risk Management Certification Examination	1000	120	100	100	50	3
26	Certified Personal Financial Advisor (CPFA) Examination	4495	120	80	100	60	3
27	NSDL-Depository Operations Module	1686	75	60	100	60 #	5
28	Commodities Market Module	2022	120	60	100	50	3
29	Surveillance in Stock Exchanges Module	1686	120	50	100	60	5
30	Corporate Governance Module	1686	90	100	100	60	5
31	Compliance Officers (Brokers) Module	1686	120	60	100	60	5
32	Compliance Officers (Corporates) Module	1686	120	60	100	60	5
33	Information Security Auditors Module (Part-1)	2528	120	90	100	60	2
	Information Security Auditors Module (Part-2)	2528	120	90	100	60
34	Options Trading Strategies Module	1686	120	60	100	60	5
35	Options Trading (Advanced) Module	1686	120	35	100	60	5