NISM SORM Exam

What is the NISM SORM exam?

NISM SORM exam (Securities Operations and Risk Management) is a SEBI mandated certification exam for officials working in back-office operations, clearing & settlement, fund management support, depository participant operations, risk management departments (especially in trading members, custodians, or fund houses). “

Who should take the NISM SORM exam?

The NISM SORM exam is essential if you’re working or aim to work in ‘Securities Operations’ or ‘Risk Management’ functions at registered intermediaries like Stock Brokers, Depository Participants, Custodians, and Asset Management Companies.

What are the career benefits?

Beyond meeting SEBI rules, the NISM SORM exam boosts your credibility if you are looking for a job in securities operations or risk management. It validates your expertise and significantly strengthens your resume when you are applying for these jobs.

How does NISM SORM exam differ from other NISM exams?

While all NISM certification exams are important for specific job profiles, NISM SORM exam is focused on the operational backbone and risk control of securities trading. This exams is all about ensuring trades settle correctly, handling corporate actions, reconciling accounts, and identifying/ managing operational & financial risks.

What’s the validity period of NISM SORM exam certificate?

Your NISM SORM exam certificate is valid for 3 years from the date you pass the exam. Don’t worry, you can renew it either by passing the exam again or by fulfilling NISM Continuing Professional Education (CPE) requirements before it expires.

What’s the detailed syllabus and chapter-wise weightage of NISM SORM exam?

How many questions are asked in the NISM SORM exam?

The NISM SORM exam has 100 multiple-choice questions.

What’s the exam duration?

You’ll have 2 hours (120 minutes) to complete the NISM SORM exam. That gives you just over a minute per question on average.

What’s the NISM SORM exam format?

NISM SORM exam is a computer-based test consisting of multiple-choice questions (MCQs). You’ll have to take it at a NISM designated test center, which you can choose while enrolling for the exam.

What’s the passing score in NISM SORM exam?

To pass the NISM SORM exam (Securities Operations and Risk Management), you need to score at least 50%. That means getting at least 50 out of the 100 questions correct.

Is there any negative marking in NISM SORM exam?

Yes. This exam has a 25% negative marking. Which means for every 4 wrong answers 1 mark will be deducted. So be careful while attempting questions you are not sure of.

How difficult is the NISM SORM exam?

The difficulty level of NISM SORM exam is moderate, but requires serious preparation. If you thoroughly study the workbook, understand the concepts (especially risk types and operational flows), and take plenty of NISM mock tests, you can definitely clear the exam.

How do I register for the NISM SORM exam?

To register for this exam, go to the official NISM certification website. Create an account (your NISM login), fill in your details, choose the exam from the vast list of exams that NISM offers, select your test center and date, pay the fee, and you’re done. All you need to do after registering is prepare well.

What’s the current exam fee?

The NISM SORM exam fee is currently Rs. 1,500/- (plus applicable GST). Always double-check the latest fee on the official website, as it can occasionally be updated.

What payment methods are accepted?

When you do your NISM registration, you can pay the exam fee conveniently online using Credit Cards, Debit Cards, or Net Banking. The portal is secure and user-friendly.

What documents are needed to register for NISM SORM exam?

For NISM registration, you just need your basic details (name, DOB, email, phone, address, PAN). But on the exam day, you must bring your printed NISM exam admit card and a valid, original Photo ID proof (PAN Card, Aadhaar Card, Passport, Driving License, Voter ID).

How do I choose a center & schedule?

During your NISM registration process on the portal, after selecting the exam and paying, you’ll see a list of available test centers across India. Pick one convenient for you, then choose from the available dates and time slots they offer. Schedule it for when you feel you’ll be best prepared.

Can I reschedule or cancel?

Yes you can reschedule, but there are rules. You can reschedule once through your NISM login portal, usually up to 6-7 days before the exam. But a rescheduling fee applies (check the current fee on the portal) if want to reschedule your exam second time. Cancellation typically results in no refund. Check the latest policy on the NISM website before making changes.

Is there any eligibility criteria for NISM SORM exam?

For the NISM SORM exam there are no formal educational or experience criteria. Anyone can simply take the exam.

What’s the official study material?

Your absolute essential study material for the NISM SORM exam (Securities Operations and Risk Management) is the official workbook (pdf copy) provided by NISM for free. You can go to NISM Study Materials page in their website and download the workbook. However, if you want to buy a physical book, go online (Taxmann, Amazon, Flipkart).

Recommended resources to prepare for NISM SORM exam beyond the workbook?

While the workbook is essential, supplementing it with other resources helps. Look for video lectures on YouTube, study notes, and mock tests. Focus on understanding concepts, not just memorizing.

How much preparation time is needed to pass the NISM SORM exam?

If you’re new to the subject, take around 5-6 weeks. Aim for 1-2 hours daily rather than last minute mugging. Consistency is the key.

Where can I find reliable mock tests for NISM SORM exam?

There are plenty of websites that offer good quality NISM mock tests. Look for tests that closely follow the latest syllabus and format like A+MockTest team does.

Are there official NISM mock tests?

Yes. NISM provides a limited set of sample questions within their workbook and also a practice test link via the certifications.nism.ac.in portal. However the official NISM mock test is to get you familiar with their test portal, and not preparing for the exam. Supplementing it with high-quality mock test from A+MockTest is recommended.

How do I access the NISM exam registration portal?

You can access the NISM exam registration portal by following this link . This is the only portal for all types of NISM exam. Here you can manage everything – registration, scheduling, downloading admit cards, checking results, accessing e-certificates. Bookmark this page.

What if I forgot my NISM login credentials?

Not just you, we all forget our login credentials. Don’t worry. Go to the NISM Certification portal and look for the ‘Forgot Password?’ or ‘Forgot User ID?’ link. Click it, enter your registered email ID, and follow the instructions sent to your email to reset your password or retrieve your username.

How do I download my NISM e-certificate?

When you submit your NISM exam, you get the exam result on your screen instantly. However, about 7-10 days after your exam you can go to the NISM certification portal and download your e-certificate.

What’s the exam day procedure at the NISM test centers?

On the exam day, arrive 30 minutes early. Bring your admit card & original photo ID. You’ll sign in, your ID will be verified. You will be asked to keep your personal belongings in a locker. Don’t worry, NISM provides free locker facilities at their test centers. You’ll be escorted to a computer. Staff will log you in. The 2-hour timer starts when you begin.

What items are allowed/ prohibited at NISM test centers?

You can carry printed admit card, original Photo ID, maybe a calculator and a simple water bottle. However, items like mobile phones, smartwatches, electronic devices, bags, books, notes, wallets, food are strictly prohibited.

Where do I check my NISM exam results online?

Just after completing your exam you can log into your NISM certification portal. You can see the result (Pass/ Fail) and your score. You can also download a provisional scorecard.

What if I fail the NISM SORM exam?

If you don’t pass your NISM SORM exam, you can retake it immediately. Simply go through the NISM registration process again on the portal, pay the full exam fee (Rs. 1500 + GST again), and schedule a new date. There’s no mandatory cooling-off period.

Is there a physical certificate provided by NISM?

NISM currently issues only digital e-certificates for the NISM SORM exam (Securities Operations and Risk Management) and all other NISM exams. The PDF you download is the valid, and can be verified by anyone including your employer by going to NISM Skills Registry.

What is NISM CPE?

NISM offers CPE (Continuing Professional Education) to renew your existing NISM certificates before its validity expires. NISM certificates are valid only for 3 years. For more details on NISM CPE you may visit the official NISM CPE page. NISM offers CPE in two formats, in physical classroom and online format. In physical format, you have to attend a full-day NISM CPE workshop conducted by NISM and its accredited partners in a location near you. You can find information about this on the NISM certification portal. Alternatively, NISM offers eCPE, for people who would like to complete an online eCPE course, typically between 3 to 4 hours in duration. After completing either of the formats you can renew your NISM certification.

Is the NISM SORM exam available in any other languages?

No. The NISM SORM Exam is currently available in English only.

How often NISM updates its exam syllabus?

There is no such timeframe. Whenever there is a change in market structure or SEBI regulation concerning any of the NISM exams, NISM updates the syllabus to reflect the changes. SO it is important that you download the NISM exam workbook from the official NISM website only.

Who do I contact NISM for support issues?

NISM has a dedicated helpdesk for any queries regarding its certification exams. You can call: 8080806476 or email: certification@nism.ac.in (Timings: Monday to Friday 9:30 AM till 5:30 and closed on public holidays).