NISM Research Analyst certification exam
The NISM Research Analyst Exam is aimed at certifying professionals who work in the field of equity research and analysis. This exam is conducted by the National Institute of Securities Markets (NISM). It holds a significant importance in the financial services industry, reflecting one’s capability to analyze market trends, conduct comprehensive research, and provide well-informed stock recommendations. Having this certificate also elevates your credibility and enhances career opportunities in various sectors, including investment firms, financial advisory services, and stock brokerage houses.
This certification is mandated by SEBI for individuals engaged in a career in financial analysis, research roles, and related positions within financial services. However, it is also recommended for university graduates and anyone seeking to validate their skills in equity research and analysis. The NISM Research Analyst Exam certificate certainly can enhance employability for students aspiring a career in the Indian securities market.
Key topics covered in NISM Research Analyst exam
The exam includes a broad range of topics such as equity analysis, valuation techniques, portfolio management, and macroeconomic factors impacting the financial markets. This knowledge form the foundation for a successful research analyst career. The exam typically comprises a total of 100 multiple-choice questions, each carrying equal weightage. Candidates are allotted a duration of 120 minutes to complete the test.
Equity research forms a significant component of the syllabus, where candidates delve into the methodologies for assessing the performance and valuation of different equities. In addition to equity research, financial analysis is another critical topic that candidates need to focus on. Furthermore, knowledge of corporate governance, securities markets, and macroeconomic factors that influence market trends is essential. For a detailed chapter-wise breakup and its weightage in the exam click here.
Effective preparation strategies for NISM Research Analyst exam
First and foremost, start by reading the official textbook provided by NISM. Its free and see our FAQs on how to download this book. Apart from the textbook, online videos are excellent starting points. Additionally, giving few mock tests in the middle of your preparation will help you understand your weak areas so that you can focus on those. Beside the knowledge mock tests also help you deal with the time constraints. Platforms like aplusmocktest.com offer free mock tests that you can try to analyze your readiness.
Concluding thoughts
If you don’t pass the NISM exam in your first or second attempt, don’t worry. Many seasoned professionals also fail to clear this exam. What you need to do is begin by identifying specific areas of weakness. Use the extra time to practice through multiple mock tests. Visit aplusmocktest.com for access to free and premium mock tests for the NISM Research Analyst Exam. Remember that obtaining your NISM RA certificate is just the beginning of your career as a research analyst. Seek opportunities within firms, or consider roles that allow you to gain relevant experience.