Why NISM‐Series‐VIII: Equity Derivatives Certification Examination?
This examination creates awareness and imparts knowledge amongst all aspirants about:
- Multiple derivatives available in the equity derivatives market along with rules and regulations related to the same while participating in clearing and settlements of exchange mechanisms.
- Understanding forwards, futures, equity derivatives, trading strategies using equity futures and equity options, clearing & settlement, risk management, sales guidelines, grievance mechanism etc.
Who should take the examination?
The examination is meant for professionals and aspirants who are associated with trading members in an equity derivatives exchange or equity derivative segment of a stock exchanges. Such associated persons can be working as users, dealers and sales persons with these organisations and firms.
The exam also helps students and professionals who want to learn the intricacies of Equity Derivatives trading like forwards, futures and options, settlement and risk management. Organisations can utilise this certification to up-skill and train their employees and channel partners.
For whom is the examination mandatory?
As per NISM this examination is mandatory for all associated persons who are working with trading members in an equity derivatives exchange or equity derivative segment of a stock exchanges as approved users, dealers and sales persons. Please refer to this link for further details. https://www.nism.ac.in/index.php/circulars/201-sebi-notification-on-nism-series-viii-equity-derivatives-certification-examination-dated-january-11-2013
What are the topics covered under NISM‐Series‐VIII: Equity Derivatives Certification Examination ?
The following topics are covered:
- Basics of Derivatives
- Understanding of Index
- Introduction to Forwards and Futures
- Introductions to Options
- Option Trading Strategies
- Introduction to Trading systems
- Introduction to clearing and Settlement systems
- Legal and regulatory environment
- Accounting and Taxation
- Sales Practices and Investors Protection Services
What are the benefits of the Exam?
Equity Derivatives Certification Examination attempts to impart knowledge about equity derivatives which can be applied by students, trader, novice and professionals working in the Financial Industry.
- Equity Derivatives Certification Examination demonstrates inclination and rigor by the candidate, and is beneficial in getting employment for anyone looking to work in the capital markets.
- It provides detailed knowledge about the equity derivatives market, and also about rules and regulations governing these markets.
- It is a good tool for management students doing their specialization in Finance.
Are there any pre-requisites to register for the examination?
There are no pre-requisites. A candidate needs to register with National Institute of Securities Markets (NISM)
How do I register for the exam?
You can register on the website of National Institute of Securities Markets (NISM)
You will need a PAN card and valid address proof, to register along with the registration fees (Rs.1500 for NISM‐Series‐VIII: Equity Derivatives Certification Examination)
Once registration is confirmed by NISM, candidates can select test centre and date and time of their preference. Detailed instructions are available on the NISM website.
What is the structure of the examination?
The examination will be of 100 marks, will have 100 questions, and should be completed in 2 hours. There will be negative marking of 25% of the marks assigned to a question. The passing score for the examination is 60%.
How do I prepare for the examination?
Preparation method depends on the individual and his/her knowledge of the subject.
We suggest to either prepare from the workbook/study material provided by NISM or to prepare from Online video course from CubeLearn.
Video course from CubeLearn covers all the topic of the workbook/study material of NISM in 4hours of video lectures. The Equity Derivatives certification examination has a high component of numerical problems. Our video course provides detailed workings and recorded examples on Microsoft Excel along with handouts to enhance learning and to enable better understanding of concepts.
For practice, video course also offers challenges and end of chapter quizzes and questions to help you revise. At the end of the video course, student is provided with additional revision question bank and 2 Mock Tests. The 2 Mock-tests replicate real exam conditions. Mock-test final score helps the learner understand his overall score and also his topic-wise performance. (questions are categorized topic wise). Overall the online course has more than 500 questions which help the learner revise and identify his strong and weak topics.
All questions are asked in MCQ format (like real exam) and explanation of the answer is given for every question. This further helps in revision of the course and provides conceptual clarity.
Note: Based on our current success rate and student’s testimonials, we are confident that CubeLearn video course is sufficient for the preparation of NISM Series VIII: Equity Derivatives Certification Examination.
A learner can also subscribe to the stand-alone question bank available on the website. This will help the learner revise the topics and scientifically test their preparation level.
Online question bank from CubeLearn covers all the topic of the prescribed syllabus. The question bank has a total of around 500 questions. These are MCQs (like real exam) and explanation is provided for every question. This will help the learner to gauge his level of preparedness. The question bank consists of 2 Mock-test which are replicated like real examinations.
How much time should I give to prepare for the examination?
Preparation time depends on the individual and his/her knowledge on the subject. As per our experience, it takes somewhere between 15-20 days to prepare for the examination with proper attention and regular revision of all topics. Working professionals, who plan to study and revise during weekends and after office hours, it should take 30-60 days of preparation time.
How can CubeLearn help me in my preparation?
CubeLearn offers online video course for preparation of NISM Series VIII: Equity Derivatives Certification Examination.
Online Video course from CubeLearn covers all the topic of the workbook/study material of NISM in 4hours of video lectures. The Equity Derivatives certification examination has a high component of numerical problems. Our video course provides detailed workings and recorded examples on Microsoft Excel along with handouts to enhance learning and to enable better understanding of concepts.
For practice, video course also offers challenges and end of chapter quizzes and questions to help you revise. At the end of the video course, student is provided with additional revision question bank and 2 Mock Tests. The 2 Mock-tests replicate real exam conditions. Mock-test final score helps the learner understand his overall score and also his topic-wise performance. (questions are categorized topic wise). Overall the online course has more than 500 questions which help the learner revise and identify his strong and weak topics.
All questions are asked in MCQ format (like real exam) and explanation of the answer is given for every question. This further helps in revision of the course and provides conceptual clarity.
A learner can also subscribe to the stand-alone question bank available on the website. This will help the learner revise the topics and scientifically test their preparation level.
Online Question bank from CubeLearn covers all the topic of the prescribed syllabus. The question bank has a total of around 500 questions. These are MCQs (like real exam) and explanation is provided for every question. This will help the learner to gauge his level of preparedness. The question bank consists of 2 Mock-test which are replicated like real examinations.
How will I prepare with the online course provided by Cubelearn?
You first need to register with CubeLearn and subscribe for the online Video Course of Equity Derivatives from CubeLearn. You can use the link below:
Once you subscribe and pay for the video course, use your login id and password to login at CubeLearn.com and access you subscribed online course material.
About Online Course Material:
Online video course by CubeLearn is prepared chapter wise as per the prescribed syllabus. The video course is spread into 42 topics covered in 4 hours of video time. Length of each video is 6-7 minutes at an average, and each topic is followed by a topic challenge or quiz. The challenge or quiz on the topic helps the learner check his understanding of the topic.
Working examples of Pay off charts, break even and profit and loss calculation are provided in detail with the help of numericals and excel. Learner progresses in the course once he clears End of Topic quiz. At the end of the course the learner is provided with
- Revision Question Bank 1,
- Mock Test 1
- Revision Question Bank 2
- Mock Test 2
Mock-test are conducted like the real-exam and have a time limit of 2 hours. Mock-test final score helps the learner understand his overall score and also his topic-wise performance. (questions are categorized topic wise). These results can help the learner identify his strong and weak topics.
All questions are asked in MCQ format (like real exam) and explanation of the answer is given for every question. This further helps in revision of the course and provides conceptual clarity.
Once a learner completes the video course thoroughly and is able to score well in Mock-test, he / she can confidently take the exam. We are confident that like 97% student from CubeLearn, he / she will clear the examination.
Go ahead and subscribe for online Video Course from CubeLearn:
Note:
1. Online video course is valid for 60 days and all question bank and Mock-test can be attempted up to 10 times during the validity period.
Do I need to purchase the online video course and online question bank separately?
In case you subscribe for the online video course, you don’t need to purchase online question bank separately. Below link will help you subscribe for online Video Course:
https://cubelearn.com/courses/investment-adviser-level-1-nism-series-x-a-certification-examination/
In case you need only question bank to revise the topics and scientifically test your preparation level, you may choose to click on below link to subscribe for only online Question Bank from CubeLearn:
https://cubelearn.com/courses/nism-series-viii-equity-derivatives-question-bank/
How does Cubelearn create the exam preparation material?
CubeLearn study material is prepared by certified Faculty / Trainers of the topic. Out faculty consists of CFA, MBAs, CWM and CFPS. Faculty / Trainers thoroughly go through the NISM study material for the topic, appear in the examinations, before preparing the study material.
What is the weightage of the NISM‐Series‐VIII: Equity Derivatives Certification Examination ?
The Weightage is:
| Lesson | Description | Weightage |
| 1 | Basics of Derivatives | 8% |
| 2 | Understanding Index | 2% |
| 3 | Introduction to Forwards and Futures | 25% |
| 4 | Introduction to Options | 25% |
| 5 | Option Trading Strategies | 3% |
| 6 | Introduction to Trading Systems | 4% |
| 7 | Introduction to Clearing and Settlement System | 13% |
| 8 | Legal and Regulatory Environment | 15% |
| 9 | Accounting and Taxation | 3% |
| 10 | Sales Practices and Investor Protection Services | 2% |
What is the success % after preparing from CubeLearn?
More than 97% of CubeLearn.com students have successfully cleared NISM certification Exam.
What is the validity of the Question Bank?
Study material (complete online video course or only online question bank subscription) subscription is valid for 60 days from the date of purchase of the subscription.
How do I access the material? Can we download or Copy paste the study material?
You can visit the below link to subscribe for the NISM Series VIII: Equity Derivatives complete online Video Course from CubeLearn.com.
Or,
In case you need only online question bank, visit the below link to subscribe for the NISM Series VIII: Investment Adviser (Level 1) online Question Bank from CubeLearn.com.
Post subscribing, you will be able to access your subscription on CubeLearn.com by using your login id and password of CubeLearn.
Note: Samples of CubeLearn study materials are available under the Sample Lessons tab.
No, study material or videos cannot be downloaded from CubeLearn.com. CubeLearn does not provide any PDF or Word File and the entire course / question bank has to be attempted online. Student needs access to a Laptop / Computer with internet connection and Microsoft Excel pre-loaded to take the course.
What is the validity of the certificate?
The certificate will be valid for 3 years from the date you pass the examination.
How do I renew my Certificate ?
You can choose to go for NISM CPE for Equity Derivative CPE program or pass the exam before the expiry of your existing certificate.
Exam Preparation Options...
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