BSE’s Certification Exam on Securities Markets (BCSM)
BSE’s Certification on Securities Market (BCSM) is one of the most crucial and beneficial exam conducted by the Bombay Stock Exchange. This certification has been developed to make sure that the candidates interested or working in the stock market have a complete and clear understanding of its operations and functionalities. The candidates will be equipped with problem-solving, negotiation, and analytical skills. This certification will add a lot of value to your CV and help you to participate in your own professional journey.
Suitable audience for this exam
- Stock Brokers
- Sub-brokers
- Candidates performing in Mutual Funds
- Depository Participants
- Investors
- Candidates pursuing careers in the stock market or wanting to work for a stock broking company.
BCSM: BSE’s Certification on Securities Markets Interview Questions
BCSM Exam Details
The BCSM exam comprises a total of 60 questions. All the questions will be either multiple-choice or multiple-responses, in which the candidates will have to select the answer from a list of possible answers. The candidates are supposed to complete the exam in 90 minutes. The total marks for this exam are 100 out of which candidates must score 50% or more in order to pass the exam successfully. The validity for this exam is 6 years. The certification is conducted in the English language. The course fee is Rs 859 inclusive of 14.5% service tax)
Registration/Enrollment Procedure for BCSM Exam
- If you are a new user, you need to register first.
- If you have already registered, log in to BSE Institue Limited (BIL).
- Select the certification – BCSM.
- Proceed with the payment ( Master/Visa Credit Card of any Bank).
- For registering, select the option ‘Enroll for Test’.
- Choose the test center and preferred date for the exam.
- Then, take a printout of the admit card.
- Carefully read the guidelines given in the exam card for appearing in the exam.
- Also, the candidates are required to report to the exam center at least 15 minutes before the scheduled time and don’t forget to bring the printout of the hall ticket and your valid photo ID.
BCSM Course Syllabus
- Learning about Secondary Market
- Studying about the Trading Clearing and Settlement
- Understanding Rolling Settlement Concepts
- Learn the concept of BOLT in detail
- Overview of Mutual Funds
- Understanding Tax Provisions
- Learning about Dematerialisation of Shares
- Understanding everything about Surveillance
- Explain Sensex and Other Indices precisely
- Overview of Futures and Options
- Overview of Inspection of Brokers’ Books
- Understanding the Ethics and Code of Conduct of Brokers/Sub-brokers
- Learning about Primary Market
- Overview of Book Building & Initial Public Offerings
- Understanding Listing, Investors’ Grievances Redressal System available with BSE, SEBI & CLB
- Learning about Debt Market and Internet Trading
Prerequisites/Eligibility Criteria
There are no official requirements or eligibility criteria by BIL to give this exam. But if you are looking to develop your skills or perform in the stock market, this certification is highly recommended.
Rescheduling/Cancellation Policy
If you have registered for the exam and time slot and a test date has been allotted, you can reschedule the test. If you want to retake the exam, you will need a fresh enrollment by submitting the registration form and test fees again. There is no refund of the fee.
BSE’s Certification Exam on Securities Markets (BCSM) FAQs
Click here to know everything about the BCSM exam and get all your doubts and queries resolved with these frequently asked questions
Result/Certificate Information
After submitting the answer sheet, the applicants will receive a score report right away. If you take the test in a BSE location, you will receive your certificate in 30 days; if you take the exam elsewhere, you will receive your certificate in 45 days.
Study Guide for BCSM
Start your preparation with the help of this study guide which offers you a well-structured, planned format of all the study resources, course syllabus, and practice tests needed to excel at this exam. Ensuring success in the exam requires a lot of focus and determination. It will be a smart move if you have planned your preparation beforehand. Keep learning and practicing!
Refer to the Course Syllabus
Understanding all of the course modules in detail is one of the most critical elements in preparing for this exam. Make sure you’ve gone over each of the core and optional modules thoroughly. Every topic covered in the modules should be properly studied and understood. Make sure you don’t miss any important information regarding the exam method or other aspects. Go through the official site of the BSE’s Certification on Securities Market (BCSM) at least once.
- Secondary Market
- Trading Clearing and Settlement
- Rolling Settlement
- BOLT
- Mutual Funds
- Tax Provisions
- Dematerialization of Shares
- Surveillance
- Sensex and Other Indices
- Futures and Options
- Inspection of Brokers’ Books
- Ethics and Code of Conduct of Brokers/Sub-brokers
- Primary Market
- Book Building & IPOs
- Listing
- Investors’ Grievances Redressal System is available with BSE, SEBI & CLB
- Debt Market and Internet Trading.
Study Material
Learning resources provided by the BCSM
- When the candidates have submitted the prescribed form along with the examination fee, they will be provided with all the study material for each module to prepare for the exam. The candidates will also be provided with relevant books, circulars, manuals.
Model Test Paper
- Refer to the model test paper provided by the BCSM itself. This consists of all the important sample questions which will help you get familiar with the type of question that may come in the exam. View Model Test Paper
Workbook
- Download the workbook provided by the BCSM by clicking here
E-Books
- There are e-books recommended by the BSE, you can refer to these for the preparation of your exam.
Self-Evaluation with Practice Tests
With all the mentioned, recommended learning resources, model test papers, workbooks, your last but not the least step towards your preparation should be taking as many practice tests as you can. Start preparing with Testprep Training. You will get access to Free Practice Tests. Attempt and practice as many times as you can. This will boost up your confidence, reduce your exam anxiety, and get you familiar with the exam environment.
