NISM Series VII: Securities Operations and Risk Management
NISM Series VII: Securities Operations and Risk Management
NISM Series VII: Securities Operations and Risk Management
The examination seeks to create a common minimum knowledge benchmark as the requisite standard for associated persons of a registered stock-broker / trading member / clearing member in recognized stock exchanges, involved in (a) assets or funds of investor or clients (b) redressal of investor grievances, (c) internal control or risk management and (d) activities having a bearing on operational risk.
Target Audience
The following persons can take NISM-Series-VII: Securities Operations and Risk Management Certification Examination:
1. Associated persons of a registered stock-broker / trading member / clearing member in recognized stock exchanges, involved in: assets or funds of investor or clients; redressal of investor grievances; internal control or risk management; activities having a bearing on operational risk.
2. Interested students/professionals
3. Any other individuals
Prerequisite for the exam
There are no prerequisites required for NISM Series VII: Securities Operations and Risk Management Certification Exam.
Examination Objectives:
On successful completion of the examination the candidate should:
• Know the basics of the Indian securities market, the different products traded and the various market participants and the respective roles they play in the Indian securities market.
• Understand the regulatory framework and the role of the Securities Exchange Board of India.
• Know the various functions of the Front Office, Middle Office and Back Office in a Securities Broking Firm.
• Understand the trade life cycle, the steps and participants involved in the trade life cycle and the role of the back office in a securities broking firm.
• Understand how the risks are managed in a securities broking firm, the clearing and settlement process.
• Understand the process of investor grievances redressal.
Exam Format and Information
Exam Name NISM Series VII: Securities Operations and Risk Management | Exam Code 0 |
| Exam Duration 120 mins | Exam Format Multiple Choice |
| Exam Type 0 | Number of Questions 100 Questions |
| Validity 3 Years | Exam Fee Rs 1500 |
| Exam Language English | Pass Score 50% and above |
NISM Series VII: Securities Operations and Risk Management FAQs
What number of questions will there be in the exam?
There will be 100 questions in the exam.
Is there any assistance from Testprep Training in terms of exam preparation?
Yes, Testprep Training offers email support for any certification related query while you are preparing for the exam using our practice exams. Your query will be handled by experts in due course.
Can we try the free test before purchasing the practice exam?
Yes testprep training offers free practice tests for the NISM Series VII: Securities Operations and Risk Management Certification exam which can be used before the final purchase for complete test.
Does Testprep Training offer Money Back Guarantee for the Exam Simulator?
`Yes, we offer a 100% unconditional money back guarantee. In case you are not able to clear the exam for then you can request for the full refund. Please note that we only refund the cost of product purchased from Testprep Training and not the NISM Series VII: Securities Operations and Risk Management Certification exam cost.
Do you provide any preparation guidance for this certification exam?
Yes our experts frequently blog about the tips and tricks for exam preparation.
For how long is the license valid after purchase?
Once purchased, the practice exams can be access for the lifetime.
Do TestprepTraining provide practice set questions NISM Series VII: Securities Operations and Risk Management Certification Exam?
TestprepTraining provides unique sets of questions that will help you check your skills and knowledge in performing data analysis on Excel. These practice questions will help you increase your knowledge for better preparation of exam.
Do you offer any discount on the bulk purchase?
Yes we offer nearly 50% discount for the order more than 10 products at a time. You can reach the testprep training Helpdesk for more details. The member of support staff will respond as soon as possible.
What variety of questions appears in the exam?
There will only be multiple-choice and multi-response questions covered in the exam.
What is the validity period of the certificate?
The certificate will be valid for 3 years from the date of the examination.
How the exam scores are calculated?
After the completion of your exam, the points you earned on each question are totaled and then compared with the cut score to determine whether the result is pass or fail.
Examination Objectives:
On successful completion of the examination the candidate should:
• Know the basics of the Indian securities market, the different products traded and the various market participants and the respective roles they play in the Indian securities market.
• Understand the regulatory framework and the role of the Securities Exchange Board of India.
• Know the various functions of the Front Office, Middle Office and Back Office in a Securities Broking Firm.
• Understand the trade life cycle, the steps and participants involved in the trade life cycle and the role of the back office in a securities broking firm.
• Understand how the risks are managed in a securities broking firm, the clearing and settlement process.
• Understand the process of investor grievances redressal.
What is the assessment structure?
The examination consists of 100 questions of 1 mark each and should be completed in 2 hours. The passing score for the examination is 50%. There shall be negative marking of 25% of the marks assigned to a question.
How do I renew my certificate?
To renew your current certificate, you need to appear for NISM CPE for Securities Operations and Risk Management or successfully pass the NISM Securities Operations and Risk Management Certification Examination before the expiry of such certificate.
What is the fee structure of the exam?
The fees for NISM Series VII: Securities Operations and Risk Management Certification exam is Rupees One Thousand Five Hundred only (Rs. 1500/-).
Is there any prerequisite for the exam?
There are no prerequisites required for NISM Series VII: Securities Operations and Risk Management Certification Exam.
How many questions will be there in the exam?
There will be 100 questions which have to be completed in 120 minutes.
What is the passing score of the exam?
The candidate has to secure 50% in order to pass the exam.
Who are the intended audience for the exam?
The following persons can take NISM-Series-VII: Securities Operations and Risk Management Certification Examination:
1. Associated persons of a registered stock-broker / trading member / clearing member in recognized stock exchanges, involved in: assets or funds of investor or clients; redressal of investor grievances; internal control or risk management; activities having a bearing on operational risk.
2. Interested students/professionals
3. Any other individuals
What is NISM Series VII: Securities Operations and Risk Management Certification Exam?
The examination seeks to create a common minimum knowledge benchmark as the requisite standard for associated persons of a registered stock-broker / trading member / clearing member in recognized stock exchanges, involved in (a) assets or funds of investor or clients (b) redressal of investor grievances, (c) internal control or risk management and (d) activities having a bearing on operational risk.