Back Office Operations Module FAQs
What is NSE?
NSE Academy Certification in Financial Markets, or NCFM, program is an online testing and certification program that tests the practical knowledge and skills required to operate in the financial markets. The NCFM program operates on our intranet and is administered through our designated test centers located across India.
What is Back Office Operations Module?
Back Office Operations Module provides comprehensive and in-depth knowledge about back-office operations in the securities markets. This module will help in:
- Firstly, gaining comprehensive and broad-based knowledge about back-office operations.
- Secondly, understanding various types of primary issues and the activities that drive the primary market
- Lastly, learning about various operational activities and gaining insights on post-trade activities in the markets.
Who is the target audience for Back Office Operations Module?
For Back Office Operations Module, the best suitable roles include:
- Firstly, Students
- Secondly, Teachers
- Thirdly, Employees of brokers and sub-brokers
- Then, Employees of Mutual Funds
- Finance Professionals
- Lastly, individuals with having an interest in this area
In how many languages NCFM exams are available?
NCFM exams are online and self-study exams that conducts across India that are available in the English language.
Is there any negative marking in the Back Office Operations Module Exam?
For the Back Office Operations Module, an Open Office Spreadsheet will be provided and there will be 0.25% negative marking for incorrect answers. And, there is an allowance for all types of calculators during the test.
How many questions will be there on Back Office Operations Module Exam?
There will be a total of 60 questions in the exam that has to be answered in a time duration of 120 minutes.
What is the passing score for Back Office Operations Module?
To pass the exam it is necessary to score 60%. And, in the exam, there will be objective type questions only. That is, for every question, you will find four / five alternative answers.
How much the Back Office Operations Module cost?
The exam will cost you Rs.2006/ inclusive of GST. And, the certification is valid for 5 years.
How to register for NCFM exam?
Candidates can register for the exam online by accessing the link ‘Online Registration’ available under Education then, click Certifications and Online Register / Enroll. After registration, you will receive a unique NCFM registration number along with a user id and password. Also, a confirmation will be sent to the email id and mobile number. After that, using the same, you can access your:
- Firstly, an online NCFM account to make payment
- Secondly, enroll for the test
- Thirdly, update the address
- Lastly, check study material status or viewing certificates
What is the course outline for the Back Office Operations Module?
NCFM provides a course outline for the Back Office Operations Module which will help you to understand the concepts in a sequential manner. They are:
- Firstly, Know Your Client, Anti-Money Laundering & Combating Financing of Terrorism
- Secondly, Primary Market
- Thirdly, Secondary Market (Trading in Shares)
- Fourthly, Depository Operations
- Then, Registrar & Transfer Agent
- After that, Mutual Fund: AMC Operations
- Next, Mutual Fund Transactions through NSE
- Then, Qualified Foreign Investors – Equity Shares
- Lastly, Qualified Foreign Investors – Mutual Funds
Is there any eligibility criteria for Back Office Operations Module?
There is no eligibility criteria
What is the NCFM taking the test procedure?
- Firstly, candidates need to take the test at the designated NSE test center selected at the time of enrollment.
- Secondly, candidates need to be present at the test center 30 minutes prior to the test time. And, those reaching late will not have access to take the test. In such cases, the candidate would need to take the enrollment again.
- Thirdly, candidates need to carry an original Photo ID proof of verification. Valid photo ID proof includes PAN card, Driver’s License, Passport, Employee ID, Voter’s ID card, or Student ID card issued by college or school.
- Next, the candidate may bring a scientific calculator and a pen to the test venue. However, a backup sheet and rough sheet(s) would be provided to the candidates during the test.
What is the NCFM certificate issuing procedure?
NSE states that certificates for all modules will be given to the successful candidates at the test center itself. However, failed candidates will be provided with a scorecard at the test center. Candidates are requested to ensure that they collect the same before leaving the test center. Also, the successful candidates can view their certificates online under the link ‘Query/Report’ available in their NCFM online login.
How to upload photo for NCFM registration?
Candidates can upload photos online by accessing the link ‘Upload Photo’ available in their NCFM online login. Please note photo being uploaded should be:
- Passport size (3 X 3 cms or 1 X 1 inch or 150 X 180 pixels) (The photograph will be printed on your certificate. Hence, ensure that you upload appropriate passport size photograph only).
- in JPEG format.
- of file size below 30 KB
For More: Check Back Office Operation Module (Intermediate) Page
