It is important that person involved in any segment of capital market should have proper understanding of business and should have requistic skill to remain competitive.In order to test the understanding of candidate in that particular segment,National stock Exchange introduced a testing and certification system in 1998.Its online testing and certification programme and tests practical knowledge and skills of the candidate in the particular segment.Entire test system is fully automated and certificate is awarded based on online exams only.
NSE have designed different modules as per requirements of different segments.Details of some of the modules are as follows:
| Module Name | Job Opportunity |
| Capital Market(Dealers) Module | Dealer at stock broker/sub-broker. |
| Derivatives Market(Dealers) Module | Dealer at Stock broker / sub-broker. |
| NSDL-Depository Operations Module | Job Opportunity with Depository participiant. |
| Investment Analysys and Portfolio Management Module | Job Opportunity with finance/brokerage company |
| Fundamental analysis module | Opportunity as Fundamental analyst |
| Securies market (Advanced Module) | Opportunity with brokerage houses. |
| Banking Sector Module | Banking professional |
| Insurance Module | Insurance Sector |
| Options Trading Strategy Module | Opportunity with brokerage houses |
| Commodities Market Module | Opportunity as commodity market dealer. |
| Surveillance in stock exchange module | Surveillance officer |
| Compliance Officers module | Compliance/legal officer |
| Information Security Auditors Module | Opportunityin the IT department of brokerage house |
| Modules of financial planning Standards Board Of India | Opportunityas financial planning services. |
Its individuals choice in which sector he/she want to enter…I think one should decide it in final year of graduation itself and start preparations accordingly.First one need to apply,pay fees, select examination centre.Once exam date is selected then it can not be changed..so its better to select date of exam after some preparation is done.
Most of the modules carry negative marking system so I think there is a very little scope for luck factor.
There are number of BPOs,IT companies related to the capital markets and NCFM certification is added certification of domain knowledge.So if you are a fresher and looking to enter capital markets then do not forget about this gateway…NCFM Certifications,,even students,traders ,investors can think about it..isn’t it?
I am doing MBA In financial market, in this MBA I will clear 20 modules of NCFM.
please inform me about the scope after MBA
thanks
Hi Raman,
It all depends on your interest.You have wide scope from mutual funds,insurance companies and leading stock brokers at managerial positions.You can select – marketing or analyst as a career.