NISM PGPSM 2018 – National Institute of Securities Markets (NISM) is an educational institution and a public trust established in 2006 by the Securities and Exchange Board of India (SEBI), the regulator of the securities markets in India. National Institute of Securities Markets has released notification for eligible candidates for admission into Post Graduate Programme in Securities Markets (PGPSM) for the academic year 2018-2019. Candidates who want to take admission in PGPSM can fill their Application Form. All the details of the application process, eligibility criteria, selection process and other information related to NISM PGPSM 2018 is given on this page.

Course Name – Post Graduate Programme in Securities Markets (PGPSM)
Duration – One year full time

Latest: Second Merit List of Post Graduate Programme in Securities Markets (PGPSM) has been declared. Candidates can check it through the link provided below.


The application process for NISM PGPSM 2018 has been started candidates can apply from the link provided below. Shortlisted candidates have to appear for interview process as per the schedule provided below.

Event Dates (Revised)
Commencement of Online Application 25 Nov 2017
Last date to apply 17 May 2018
Announcement of shortlisted applicants for Interview 18 May 2018
Selection Interviews at various locations 20 May to 17 Jun 2018
Announcement of Results 20 Jun 2018
Last date for payment of fees. 02 Jul 2018
Commencement of Programme 10 Jul 2018


National Institute of Securities Markets (NISM) has published the merit list of Post Graduate Programme in Securities Markets (PGPSM). Candidates can check it through the official website or through the direct link provided below.


Shortlisted candidates for interview

NISM has declared a list of shortlisted candidates for interview in particular locations. An email regarding the interview is sent to the registered email id of the shortlisted candidates. Candidates are required to carry the following at the time of interview :-

  1. A Copy of your Short-list Email
  2. A proof of identity (any of the government issued identity cards)
  3. A proof of your employment (employer identity card)
  4. Entrance exam score card

Shortlisted candidatesClick here to check the shortlisted candidates for the interview

Application Form 2018

An online application form is available at The application form captures the personal details, academic qualifications, professional experiences and other information essential for the selection process. Interested candidates may apply by filling the application form online. NISM does not offer any offline mode for application. The last date to fill the application form is May 17th, 2018

Application process is over

Application Fee

The application fee is Rs. 1000 and is non-refundable. The fee can be paid by credit card, debit card, net banking or cash deposit. All application fee payment related information is provided in the online application form.

The candidates would be shortlisted for the next round based on the information provided in their application forms.


  • The application form contains five sections (including ‘Instructions’)
  • The mandatory fields are marked with an asterisk (*)
  • Instructions are provided across various fields throughout the application form
  • Only completely filled application forms will be considered for admission
  • A copy of your application form would be sent to your email on submission
  • In case of multiple submissions, only your last submission will be considered
  • The application form do not have a provision to save and resume later. Keep all information handy before starting to fill the form
  • The application fee is Rs. 1000/- and is non-refundable
  • Applicant, if shortlisted, will be provided with a link to pay the application fee by email

Eligibility Criteria

  • The minimum required academic qualification is graduation – a bachelor’s degree or equivalent from a recognized University in India. Graduates in commerce, economics, finance and management are preferred.
  • Students pursuing their final years of graduation are also eligible to apply and will be granted provisional admission upon selection.

Age – There is no age limit for pursuing PGPSM. However, applicants less than 30 years of age as on the date of application are preferred.

Essay Writing and Personal Interview

The shortlisted candidates in stage I will be called for essay writing and personal interviews.

The essay writing is a non-elimination round and the topics would be announced at the venue. The candidates are advised to be familiar with the recent developments in the world on business to perform well in the essay writing.

The interviews at various location would be scheduled between May 20 to June 17, 2018.

The candidates are required to produce the following documents in original, for verification, at the time of interview:

  • Proof of Identity (PAN / Voter ID / Driving License / Passport / College or Employer Identity Card – current and valid)
  • Proof of Age (Birth Certificate / Class 10 or 12 mark sheet / School Leaving Certificate)
  • Graduation / Post Graduation Certificate issued by the University / Institute*
  • Statement of marks of Graduation / Post Graduation examination issued by the University / Institute*
  • Experience Certificate from the employer, if applicable

*Candidates who are students in their final year of graduation or post graduation may produce the statement of marks till the pre-final year.

The candidates should also submit self-attested photocopies of the above mentioned documents at the time of interview.

All expenses related to application or attending interviews shall be borne by the candidates. The institute will not bear or reimburse any expenditure in this regard.

Selection Procedure

The final selection of the candidate will be based on the following parameters totaling to 100:

Criteria Weight
a) Academic Qualification / Performance -20%
b) Work Experience – 20%
Essay Writing 20%
Personal Interview 40%

The announcement of applicants short-listed for the interview has declared.

The final selection would be communicated via email by June 20, 2018. The selected applicants shall pay the first instalment of the programme fee on  July 10, 2018.

Provisional admission would be offered to selected candidates who are in their final year of graduation / postgraduation. Such candidates are required to produce their course completion certificates before the commencement of the second term, failing which their admission shall be cancelled.

Sponsored Candidates

Sponsored candidates are employees of eligible organizations, whose applications are forwarded through their respective employers. The employers should furnish an undertaking to grant study leave to the candidates and also undertake to bear the fees. The eligible organizations include:

  • Government Departments / Public Sector Undertakings
  • Public Companies or Trusts registered with SEBI
  • Banks / NBFCs recognized by RBI
  • Insurance Companies / Intermediaries recognized by IRDA

Fee Structure

The total programme fee is Rs 4,25,000/- (Rupees Four Lakh Twenty Five Thousand only) for the entire year and is payable in two installments. The break-up of the fee is as under:

Particulars Fee Amt (Rs)
Tuition Fee 350000
Lodging and Boarding Charges 125000
Examination Fee 10000
Library Fee 10000
Alumni Association Fund (Annual) 2000

The participants would be provided with personal copies of prescribed text books essential for various courses. The participants are expected to possess personal notebooks or laptops while attending classes. The participants shall purchase notebooks or laptops on their own.

Refundable Deposits

The participants are required to pay refundable deposits, subject to terms and conditions, as detailed below:

Particulars Fee Amt (Rs.)
Library Deposit 10000
Hostel Room Deposit 10000

The deposits are refundable subject to adjustment of any dues from the students.

For complete details regarding NISM PGPSM Admission 2018 check – Prospectus

Maharashtra Admissions

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