nism brochure

NATIONAL INSTITUTE OF SECURITIES MARKETSAn Educational Initiative By SEBI

Financial Literacy

Professional Education

GovernanceStandards

PolicyResearch

ENHANCINGTHE QUALITY OFSECURITIES MARKETS

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NISM is established by SEBI, the regulator of Indian Securities Markets

NISM aims to lead, catalyze and deliver educational initiatives to enhancethe quality of securities markets

National Institute of Securities Markets (NISM) is a public trust established by the Securities and

Exchange Board of India (SEBI), the regulator for securities markets in India.

NISM seeks to add to market quality through educational initiatives. It is an autonomous body governed by a Board of Governors and with strategic guidance from an international Advisory Council.

The Securities and Exchange Board of India (SEBI) has a mandate to protect the interests of investors in securities and to promote the

development of and regulate the securities markets. The National Institute of Securities Markets (NISM) is an educational initiative by SEBI to improve the quality of the securities markets through sustained capacity building and knowledge dissemination.

NISM’s most important mission is to build capacity among and for the stakeholders in the securities markets through financial literacy, professional education, enhancing governance standards and fostering policy research.


The Six Schools of Excellence at NISM

School for Investor Education and Financial Literacy

School for Certification of Intermediaries

School for Securi-ties Information and Research

School for Regulatory Studies and Supervision

School for Corporate Governance

School for Securities Education

SIE

FLSC

ISS

IRSR

SSSC

GSS

E


NISM is led by a team of experienced professionals with decades of experience in education, securities markets, policy development and management

Prof. G. Sethu, In-charge of NISM

Prof. Sethu has 30 years of experience in teaching, research, advisory, and administration. He has B.Tech (Honours) from Indian Institute of Technology, Kharagpur; M. Tech from Indian Institute of Technology, Madras and Doctorate in Management with finance specialization from Indian Institute of Management, Ahmedabad. He has served in Indian Administrative Service (IAS) during 1981-1991.

Mr. M. L. Soneji, Registrar

Mr. Soneji has over 22 years of experience in the securities markets and in managing the stock exchanges with expertise in core functions viz. Trading Operations, Clearing & Settlement, Risk Management, Surveillance, Investigation and Compliance. He has been a part of various committees set up by SEBI, responsible for policy and operational aspects and a member of the board of organizations like IISL, Calcutta Stock Exchange, NSCCL and ICCL. He holds post graduate qualifications in Commercial Laws and Finance.


Board of Governors• Mr. C.B.Bhave, Chairman, SEBI (Chairman, Board of Governors)• Mr. M.S.Sahoo, Whole Time Member, SEBI• Dr. K.M.Abraham, Whole Time Member, SEBI• Dr. K.R.S.Murthy, Former Director, IIM Bangalore• Dr. K. P. Krishnan, Secretary, Economic Advisory Council to the Prime Minister• Mr. Y.C.Deveshwar, Chairman, ITC Ltd.• Mr. M.B.N.Rao, Former Chairman & Managing Director, Canara bank• Mr. Pratip Kar, Member Advisory Council & Consultant, Global Corporate

Governce Forum, International Finance Corporation• Dr. Mohan Gopal, Director, NJA, Bhopal• Mr. Rafiq Dada, Senior Advocate• Shri P. K. Nagpal, ED, SEBI• Prof. G.Sethu (In-Charge, NISM)

Academic Council

• Prof. G.Sethu, OSD and In-Charge, NISM• Dr. Sanjay Kallapur, Associate Dean, Indian School of Business, Hyderabad• Dr. Ajay Shah, Professor, National Institute of Public Finance and Policy, New Delhi• Prof. R. Vaidyanathan, Professor of Finance, Indian Institute of Management, Bangalore• Dr. Pritam Singh, Professor in Organizational Behaviour, Management Development Institute, Gurgaon

Advisory Council• Mr. C B Bhave, Chairman Securities and Exchange Board of India• Mr. Venu Srinivasan, Chairman and Managing Director, TVS Motor Company Ltd.• Dr. Marti G Subrahmanyam, Stern School of Business, New York University• Sir Howard Davies, Director, London School of Economics and Political Sciences• Prof. Andrew Sheng, Former Chairman, Securities Commission, Hong Kong• Mr. Colin Grassie, MD & CEO, Asia Pacific, Deutsche Bank, Hong Kong• Prof. Eisuke Sakakibara, Director, IIES, Waseda University, Japan• Mr. P K Choudhury, Managing Director, ICRA• Mr. Uday Kotak, Managing Director, Kotak Mahindra Bank Ltd• Dr. S Sadagopan, Director, IIIT, Bangalore• Mr. Mohandas Pai, Director, Infosys Technologies Ltd• Mr. Cyrill Shroff, Amarchand & Mangaldas & Suresh A. Shroff & Co.• Prof. G.Sethu, In-Charge, NISM


SCHOOL for INVESTOR EDUCATIONand FINANCIAL LITERACY SIEFL aims to enhance the level of fiinancial literacy in India through the following programmes:

Pocket Money is NISM’s flagship program, supported by SEBI, to increase financial literacy among school students. We train teachers and provide material to help schools teach the fundamental concepts of managing and growing money.

Investor Workshops

www.InvestorFirst.in aims to empower individuals with right knowledge and tools that will help them make wise investment decisions and create long-term wealth.

This web initiative by NISM is in its beta phase and is open for viewing. We look forward to receiving ideas and suggestions from the various stakeholders of the securities markets.

SEBI has empanelled financial literacy resource persons to conduct 2-hour financial education workshops for individual investors on various topics related to personal finance and investing. NISM offers knowledge and training support to this initiative by conducting train-the-trainer sessions for these resource persons empanelled by SEBI.

SIEFL

For more information please write to [email protected]


SCHOOL for SECURITIES INFORMATION and RESEARCHSSIR undertakes several initiatives that seek to support research in securities markets.

Network for Securities Markets Data:

The Network for Securities Markets Data (NSMD),a project undertaken by the SSIR, will act as a single point access to Indian securities markets related data and will boost the research and analysis activities on Indian securities markets.

High quality research demands access to high quality data. Availability of reliable data on Indian securities markets has been one of stumbling blocks for undertaking research.

The following are some of the plausible reasons for having a common securities markets data interface:

1. Unavailability of focused database in India2. Difficulty in sourcing data from different sources

that are maintained in different formats3. Need to enhance research and promote PhD

programs4. Targeting researchers in the International

market to study on emerging economies

Conference on Securities Markets:

SSIR conducted the prestigious Conference on Security Markets in December 2008. Nobel laureate, Prof. Robert Engle from New York University graced the occasion. The conference also witnessed participation of top academicians from across the world. Simultaneously, SSIR conducted the Research Workshops for faculty members and doctoral students.

A number of commissioned research studies have also been undertaken.

SIEFL SSIR



SCHOOL for CERTIFICATION of INTERMIDIARIES

The School for Certification of Intermediaries (SCI) at NISM is engaged in developing certification examinations for professionals employed in various segments of the Indian securities markets. SCI performs the following functions:

1. Development & Administration of mandated Certification Examinations

2. Development & Administration of non-mandated Certification Examinations

3. Administration of Continuing Professional Education (CPE)

Mandatory examinations conducted by SCI:

1. NISM Series-I: Currency Derivatives Certification Examination

2. NISM Series-II-A: Registrars and Transfer Agents (Corporate) Certification Examination

3. NISM Series-II-B: Registrars and Transfer Agents (Mutual Fund) Certification Examination

4. NISM Series-IV: Interest Rate Derivatives Certification Examination

5. NISM Series-V-A: Mutual Funds Distributors Certification Examination

6. NISM Series-VII: Securities Operations and Risk Management Certification Examination

SCI also conducts regular workshops for trustees of mutual funds and independent directors of asset management companies.

SCI



SCHOOL for REGULATORYSTUDIES and SUPERVISION

SRSS organizes executive education for officers of SEBI, stock exchanges, government officers, depositories, capital markets division of the ministry and participants of capital markets from other jurisdictions including SAARC nations and IOSCO nations.

SRSS also initiated training programmes for Internal Auditors of Stock Brokers. SRSS organizes round table for mutual fund trustees.

The school has also undertaken a project “Securities Market Simulator” which simulates the working of securities markets to facilitate training and research activities on Indian markets.

SCI SRSS



SCHOOL forCORPORATE GOVERNACE SCG conducts workshops and round table conferences in matters pertaining to Corporate Governance and has undertaken many initiatives for capacity building in the corporate governance space.

SCG’s strategy in fostering good corporate governance is three-pronged:

1. Generate a body of knowledge that is relevant and effective.

2. Use the knowledge to inform the players about the principles/methods of good corporate governance

3. Take recourse to demonstration effect to convince the corporate sector about need for good governance

In collaboration with Confederation of Indian Industry (CII) and Global Corporate Governance Forum (GCGF), SCG has organized Business and Investor Dialogue, Board Leadership Workshop, Round Table Conference on “Corporate Governance in India – A Reality Check” and Corporate Governance Workshop for Media Persons

Director’s Colloquium: “Corporate Governance - Board Leadership - Building Effective Boards”A short, intensive and an interactive programme for directors which is being delivered jointly by the National Institute of Securities Markets

(NISM) set up by the Securities and Exchange Board of India (SEBI) and the Confederation of Indian Industry (CII), aimed at enhancing the understanding of the Boards of the issues which confront the Boards and how to deal with them.

Media Workshop: “Reporting on Corporate Governance in India”NISM in collaboration with GCGF, CII and Thomson Reuters Foundation organized two workshops on “Reporting on corporate governance in India”, one each in Mumbai (July 22, 2009) and Delhi (July 25, 2009).

SCG



SCHOOL for SECURITIES EDUCATIONWithin the framework of the vision and mission of NISM, the role of SSE is to provide education preparing competent professionals who will serve the securities markets.

SSE is uniquely positioned to provide the necessary inputs and to create the new age securities markets professionals. With its proximity to policy makers and professionals in the securities markets community, the educational programmes from SSE are infused with this innovation and dynamism.

The CSMP Programme is a one year, full-time, post-graduate course aimed at creating the next generation of securities markets professionals

The CSMP Programme is designed to:

1. Abstract the building blocks of the Securities Markets, understand them conceptually, and develop capabilities to design financial solutions

2. Upgrade knowledge and skill necessary for key technical activities in the Securities Markets

3. Develop well-rounded and competent professionals who understand financial markets in a holistic manner

Certified Securities Markets Professional (CSMP) Programme

A Part-time Programme for Professionals in Treasury and Risk Management functions.

The curriculum covers the following areas:

1. Design and Understand New Financial Products and Solutions

2. Manage Treasury more Effectively3. Implement Financial Solutions for BFSI Sector4. Address Risk Management issues at Strategic

and Operational Levels

Certificate in Financial Engineering and Risk Management (CFERM)

SCG SSE



National Institute of Securities MarketsPlot No. 82, NISM Bhavan, Sector-17 Vashi, Navi Mumbai - 400 705 | Phone: +91-22-66735100-105 Fax: +91-22-66755710 | www.nism.ac.in

NISM is located at Vashi in the vibrant township of Navi Mumbai. NISM has a twin advantage of access to the top financial institutions and professionals from Mumbai combined with the academic ambience in the township of Navi Mumbai. The Institute is well connected by road and rail to the rest of India. NISM also has an executive guest house for its program participants. NISM has access to a well stocked library specializing in securities markets, and computing facilities.


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