NiSM-National Institute of Securities Markets - An Educational Initiative of SEBI
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Description
Investment Adviser This workbook has been developed to assist candidates in preparing for the National Institute of Securities Markets (NISM) Level 1 Certification Examination for Investment Advisers. NISM-Series-X-A: Investment Adviser (Level 1) Certification Examination along with the NISM-Series-X-B: Investment Adviser (Level 2) Certification Examination seeks to create a common minimum knowledge benchmark for individual investment adviser, principal officer of a non-individual investment adviser and all persons associated with investment advice. NISM The book covers all important topics to enhance the quality of investment advisory and related services in the financial services industry. It covers topics related to the basics of investment advisory and time value of money. This course teaches about different kinds of investment products-equity, debt, derivatives and managed portfolios such as mutual funds, portfolio management services and alternative investment funds. The book covers about portfolio construction, monitoring and evaluation. The book also discusses about operational aspects of investment management, key regulations, ethical issues for investment advisers and grievance redress system.
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Contents
Module 1 : Personal Financial Planning
Chapter 1 : Introduction to Personal Financial Planning
Chapter 2 : Time Value of Money
Chapter 3 : Evaluating the Financial Position of Clients
Chapter 4 : Debt Management and Loans
Module 2 : Indian Financial Markets
Chapter 5 : Introduction to the Indian Financial Markets
Chapter 6 : Securities Markets Segments
Module 3 : Investment Products
Chapter 7 : Introduction to Investment
Chapter 8 : Investing in Stocks
Chapter 9 : Investing in Fixed Income Securities
Chapter 10 : Understanding Derivatives
Module 4 : Investment through Managed Portfolios
Chapter 11 : Mutual Funds
Chapter 12 : Portfolio Manager
Chapter 13 : Overview of Alternative Investment Funds (AIFs)
Module 5 : Portfolio Construction, Performance Monitoring and Evalution
Chapter 14 : Introduction to Modern Portfolio Theory
Chapter 15 : Portfolio Construction Process
Chapter 16 : Portfolio Performance Measurement and Evaluation
Module 6 : Operations, Regulatory Environment, Compliance and Ethics
Chapter 17 : Operational Aspects of Investment Management
Chapter 18 : Key Regulations
Chapter 19 : Ethical Issues
Chapter 20 : Grievance Redress Mechanism
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Author Details
National Institute of Securities Markets (NISM) is an educational institution established by the Securities and Exchange Board of India (SEBI), the securities market regulator, in 2006. The Institute was established in pursuant to the Union Finance Minister's proposal, in his 2005-06 Budget Speech, to set up an institution for teaching and training intermediaries in the securities markets and promoting research. NISM is committed to its vision 'to lead, catalyze and deliver educational initiatives to enhance the quality of securities markets'. The Institute conducts a wide range of capacity building programmes in securities markets - from basic financial literacy to full-time post-graduation programmes. The Institute's six Schools of Excellence, viz., School Certification of Intermediaries, School for Securities education, School for Invest Education and Financial Literacy, School for Regulatory Studies and Supervision, School Corporate Governance and School for Securities Information and Research uphoc NISM's vision and works in synergy towards professionalizing the markets. NISM is mandated by SEBI (Certification of Associated Persons in the Securities Markets) Regulations, 2007 to conduct certification examinations and continuing profession education programs for associated persons engaged by an intermediary. NISM a conducts certification examinations for other regulators like IBBI and PFRDA. NIS certifications establish a single market-wide knowledge benchmark for different function the Indian securities market and enable the associated persons to advance their knowledge and skills.