NISM Series-XIII: Common Derivatives FAQs
How can I register for NISM-Series-XIII: Common Derivatives Certification Examination?
At present, the NISM-Series-XIII: Common Derivatives Certification Examination is available at NISM Test Centers only. Candidates can register for this exam at: https://certifications.nism.ac.in/nismaol/
What is the fee structure?
The fees for “NISM-Series-XIII: Common Derivatives Certification Examination” is Rupees Three Thousand only (Rs. 3000/-).
What is the assessment structure?
The examination will be of 150 marks, will have 150 questions, and should be completed in 3 hours. There will be negative marking of 25% of the marks assigned to a question. The passing score for the examination is 60% (which is equivalent to 90 marks out of the total marks of 150).
Is there a study material available for preparing for this examination?
The candidate has to prepare from the workbooks of NISM-Series-I: Currency Derivatives Certification Examination, NISM-Series-IV: Interest Rate Derivatives Certification Examination and NISM-Series-VIII: Equity Derivatives Certification Examination. There is no separate workbook for this examination, as this is a combined examination of the above-mentioned three examinations (CD, IRD and ED). You will receive a soft copy of the above-mentioned workbooks after enrolment for this examination.
Do I have to pay for the study material?
You will receive a soft copy of the workbook/study material free of cost after enrolment for the examination. Candidates can buy NISM workbooks online through Taxmann Publications Private Ltd.
I have passed NISM Common Derivatives Certification Examination, when will I receive the certificate?
Only the candidates who have produced their Income Tax Permanent Account Number (PAN) during registration would receive the NISM Certificate within two weeks of appearing for the examination. Candidates who produced other identification proofs would not receive the NISM certificate. They would receive only the temporary mark sheet at the end of the examination.
I have not provided my PAN information at the time of taking the certification examination. How do I obtain the certificate?
Candidates who have not provided their PAN information during registration may furnish their PAN details to the Test Administrator (NISM) anytime after taking the examination. After receiving and verifying PAN details, the candidate will receive the certificate from the Test Administrator (NISM). No additional payments are necessary for obtaining the certificate.
I have passed NISM Common Derivatives Certification Examination and also provided PAN details, however, I have not received a certificate. Whom should I contact?
For non-receipt of certificate, please contact NISM at: [email protected]
What is the validity period of the certificate?
The certificate will be valid for 3 years from the date of the examination.
How do I renew my certificate?
To renew your current certificate, you need to appear for NISM CPE for Common Derivatives, when it is made available, or successfully pass the NISM Common Derivatives Certification Examination before the expiry of such certificate.
