[Official] National Institute of Securities Markets (NISM) PGDM/LL.M Admissions for Batch 2026 | PaGaLGuY

Connect with fellow aspirants, current students, and alumni of the National Institute of Securities Markets (NISM). Use this space to discuss the PGDM (Securities Markets) 2026–28 and LL.M. (Investment & Securities Law) admissions, prepare for interviews, get updates, and clarify all your queries.

Join the discussion to access complete details about programmes, fees, admissions, placements, infrastructure, and student/alumni experiences.

The National Institute of Securities Markets (NISM), established by the Securities and Exchange Board of India (SEBI) in 2006, is India’s premier institute for securities market education, certifications, and research. Based in Mumbai, NISM develops skilled professionals for the financial and capital markets through specialized long-term academic programmes, executive education, and industry-integrated training.

Post Graduate Diploma in Management (Securities Markets) – PGDM (SM)

The PGDM (SM) is a two-year, AICTE-approved program that offers in-depth knowledge of securities markets, covering subjects like Economics, Financial Analysis, Equity Valuation, Derivatives, and Wealth Management. It blends academic rigor with hands-on industry exposure, preparing students for careers in investment banking, risk management, compliance, and financial planning.

Fee Summary

PGDM (Securities Markets) 2026–28 – Total Fee: ₹6,78,800
:heavy_check_mark: Includes a ₹10,000 refundable Library Deposit

Eligibility Criteria:

  • Bachelor’s degree (minimum 3 years) with 50% marks (45% for reserved categories).
  • Students appearing in the final year may apply provisionally.

Selection Process:

  • Evaluation of past academic performance
  • Scores from CAT / XAT / CMAT / GMAT
  • Personal Interview (conducted online/virtual)

Placement Highlights (2022–2024 Batch)

(Most recent officially released cycle)

  • 50+ recruiting organizations participated
  • 81 out of 92 students opted for placements and received offers
  • Roles offered included:
    • Treasury Dealer
    • Compliance Officer
    • Surveillance & Investigation Analyst
    • Wealth Manager / Relationship Manager
    • Financial Advisor
    • Risk & Research Roles

The placement cell achieved 100% placement for all students who opted in.

LL.M. in Investment and Securities Law

(One-Year Full-Time Programme – Jointly Offered by NISM & MNLU Mumbai)
This specialized LL.M. programme is designed for law graduates and working professionals aiming to build expertise in:

  • Securities Law & Regulations
  • Corporate & Commercial Law
  • Insolvency & Bankruptcy
  • Competition Law
  • Financial Sector Governance
  • Capital Market Disputes

Students gain exposure through case laws, practical training, regulatory updates, and interaction with legal practitioners and market institutions.

Fee Summary

LL.M. (Investment & Securities Law) 2026–27 – Total Fee: ₹4,88,000
:heavy_check_mark: Includes ₹20,000 refundable deposits (₹10,000 Library Caution Money + ₹10,000 Hostel & Dining Deposit)

Eligibility Criteria

  • LL.B. degree or equivalent with minimum 50% marks (45% for SC/ST).
  • Final-year candidates may apply provisionally subject to fulfilling eligibility before admission.

How to Apply

To apply for these programs, please visit the respective program pages
APPLY NOW.

For more information; visit college page: HERE

Is the National Institute of Securities Markets (NISM) certification good enough to add value to your career if you are thinking of going into the finance/economics sector?

Are the PGDM courses offered by NISM (National Institute of Securities Market) worth it? How useful can it be to one’s career?

How is the course PGDM (securities market) from National Institute of Securities Markets, Maharashtra? I am planning to pursue the course. What is your review for it?

What are the differences between the Certified Financial analyst (CFA) and National Institute of Securities Markets (NISM) certifications? Which one is better for becoming a stock market trader?

NISM is an initiative of SEBI (market regulator),and NISM’s PGDM course is strong option to make your career in financial markets. This program is thoughtfully crafted for those aiming to build a career in the financial markets. Through a combination of academic excellence and industry connections, the program brings diverse perspectives to the classroom. NISM’s highly qualified faculties prepare students to meet future challenges and seize emerging opportunities.

Register online at https://apply.nism.ac.in/pgdm

For those having strong recline towards financial - capital markets, then NISM’s PGDM(SM) is the best choice. The pedagogy and faculty focus on more practical-oriented application to bring a real-life scenario and give the students a robust conceptual foundation. For more details you may reach out to 8268002412 and https://www.nism.ac.in/long-term-programs/post-graduate-diploma-in-management-securities-markets-pgdm-sm/

I’m seriously considering this program but would love to hear from someone who’s actually done it. What kind of roles did you land after graduating? How recognized is this course in the industry?

Yes. NISM certifications are the industry accepted certificate for building a capacity in securities markets. NISM’s Post Graduate Diploma in Management (Securities Markets) (PGDM – SM) is designed to equip students with in-depth knowledge of the securities markets covering areas such as Financial Statement Analysis, Economics, Corporate Finance, Portfolio Management, Equity Valuation, Derivatives, Mutual Funds, Wealth Management, legal regulation of securities and investments in India and more. NISM certifications including Mutual Funds, Equity Derivatives, Merchant Banking, and Research Analyst are part of the program and count towards course credits.

With its rich experience in education and research, NISM has carefully crafted the AICTE-recognized PGDM (SM) programme to impart the complete set of knowledge and skills in vital and emerging application areas, benchmarked with the best in India and overseas. The curriculum has gone through the Academic Council and Board of Governors of NISM consisting of eminent personalities from industry and academia. The curriculum, along with application-based teaching pedagogy and industry internship, serves as a strong foundation for further grooming and growth into various career paths in the corporate/financial/securities markets. With the track records of the alumni of NISM working in securities markets across the globe in different companies is the showcase of building careers in securities market.

PGDM (SM) participants will not only gain insights into securities markets and finance from the extensive curriculum, but also fine-tune and hone their knowledge and skill sets and emerge as complete financial/ securities market professionals.
If you’re passionate about finance and markets, NISM is the right launchpad. It combines deep learning with industry relevance. Come with curiosity, commitment, and a desire to lead.

I got through a couple of tier 2 B-Schools for MBA in Finance but also looking at NISM’s PGDM in Securities Market. The niche focus sounds great, but I’m confused about ROI and placement scope.

CFA is the global certificate to become a financial analyst in the market, where as NISM certifications are the industry mandatory certifications to build a career in securities market in India and that is regulated by SEBI.

PGDM (SM) can lead the successful participants to the following careers pathways. The objective for designing a programme of the status of a Post Graduate Diploma is “to create complete securities market professionals”.

Some illustrative career opportunities available for PGDM (SM) graduates are as under:

  • Segments : Equity Markets, Debt Markets, Currency and Currency Derivative Markets, Commodity Derivative Markets
  • Market Infrastructure Institutions : A wide range of roles (Business Development, Operations, Compliance, Risk Management, etc.) in Market Infrastructure Institutions including Stock Exchanges, Commodity Exchanges, Clearing Corporations and Depositories
  • Research and Analytics : Credit Research & Ratings, Economic Research, Policy Research, Analytics and Computing in Risk Management & Derivatives
  • Banking : Commercial banking, Treasury Operations, Treasury Management, etc.
  • Advisory : Investment Advisor, Personal Financial Planner, Wealth Manager
  • Mutual Funds : Business Development, Distribution, Operations, Compliance, Risk Management, etc. in the Mutual Funds Industry

Do NISM certifications have more credence than an NCFM certification?

I want to make sure I’m studying with like-minded folks and learning from people with solid market experience. Anyone who can share their experience?

With the track records of the alumni of NISM working in securities markets across the globe in different companies is the showcase of building careers in securities market. The curriculum, along with application-based teaching pedagogy and industry internship, serves as a strong foundation for further grooming and growth into various career paths in the corporate/financial/securities markets.

Yes. NISM certifications are the industry mandatory certifications to build a career in securities market in India and that is regulated by SEBI. These certifications are the industry accepted certificate for building a capacity in securities markets. NISM certifications including Mutual Funds, Equity Derivatives, Merchant Banking, and Research Analyst and more.

The PDGM curriculum covers everything from financial economics and analytics to FinTech, risk management, ESG investing, and portfolio management and eligibility is graduates from any discipline with at least 50% marks. Taught by market practitioners and academic experts and guest sessions featured by industry leaders, SEBI officials, and international academics.