NCFM is one of the cheapest and economical courses available in India. It offers various modules to excel in the financial market field and offers complete flexibility to select the date for giving the exam.
NCFM gives an opportunity for the College Students and Professionals to get introduced to the basics of Financial Market products like Equities, Bonds, Money Markets, Derivatives, Mutual Funds, Trade Life Cycle, Swaps, Anti-Money Laundering (KYC), Corporate Actions etc.
Some Frequently Asked Questions:
1.WHAT IS NCFM?
NSE Academy Certification in Financial Markets, or NCFM, program is an online testing and a certification program that tests the practical knowledge and skills required to operate in the financial markets.
2.WHAT ARE THE MODULES COVERED UNDER NCFM?
There are many modules covered under NCFM, however, the most sought-after modules are Capital Market (Dealers) module and Derivatives Market (Dealers) Module. For the list of complete modules, please check the NCFM website.
3.WHAT IS THE QUALIFICATION REQUIRED FOR NCFM?
Anybody who is interested in gaining financial market knowledge can do this certification. There is no specific qualification required as such, as NISM is an initiative to enhance financial awareness.
4. HOW IS THE FEE STRUCTURE?
Depending on the modules, NCFM charges around Rs. 2000 per module.
5.WHEN AND WHERE IS THE EXAM CONDUCTED?
NCFM has its own exam center in all major cities. It is an online exam. The exam can be given throughout the year except for public holidays by registering online.
6.WHAT IS THE DURATION OF THE EXAM?
It depends upon the module. Generally, it is for 120 minutes.
7.WHAT IS THE PASSING PERCENTAGE?
It depends upon the module. Generally, it is from 60% for most of the modules.
8.IS THERE ANY NEGATIVE MARK GIVEN FOR INCORRECT ANSWERS?
Depends on the module. For certain modules, there is no negative marks and for certain modules, there are negative marks.
9.HOW TO GET THE LEARNING MATERIALS?
Once fees paid to NCFM online, they will courier the hardcopy.
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