Except these numericals all other questions are pretty straightforward and borrowed directly from the text within study material.
There are up to 25% numerical questions in the exam covering areas like Compound interest, rate of inflation, brokerage calculation etc. Maybe a week more if you are from non-maths or Finance background. The preparation time needed for this exam is ideally 2 weeks. Furthermore, this study material is very informative and designed for the very beginners. Most of the questions asked were from this booklet. It’s imperative to go through this study material twice before appearing for the exam. This syllabus can be downloaded from NSE’s website. The material they send is basically a booklet containing exhaustive study material pertaining to the syllabus of module. Please book your slot in advance because there is rush during weekends in metro cities.Īlso Read: Top 5 Stock Market Certification Exams After registering and paying the fee you have to select the test venue and time. It’s inclusive of the preparation material what NSE would send in your registered address. The test fee is around 1700 Rupees at the time of publishing this article. In order to register for the Certification Test you should visit NCFM section in NSE’s website. This module tests one’s knowledge on basics of financial markets, difference in Primary and Secondary markets, concepts around derivatives and analysis of financial statements. This is an absolute basic certification for those who wish to either begin career in the financial markets or simply learn the fundamentals. It’s called “Financial Markets-A Beginner’s module”. This article intends to share the real life examination experience of NCFM beginner’s certification.
NCFM certified individuals have attracted a lot of employers too in recent times. It’s a good alternative to international certifications like CMT (Chartered Market Technician) and CFA (Chartered Financial Analysts) which require a hefty certification fee. There are many beginner, mid-level and advanced modules available ranging across all areas of Capital markets. It’s suitable for beginners in Stock market who want to learn and evaluate their skills.
NSE’s Certification in Financial Markets is an online testing and certification program offered by National Stock Exchange of India.