NISM-Series-XV: Research Analyst Certification Examination

1. What is this exam about?

This exam tests the candidates knowledge on Equity, Debt, Mutual fund, Currency, Economics, Fundamental & Technical Analysis, Legal framework etc.

This exam tests the candidates if they have sufficient knowledge to become a Research Analyst.

2. Who has to take this exam?

  • All Research Analysts working in Mutual funds, Broking firms, Advisory Firms etc

  • Any one who wants to work as a Research Analyst

  • Anyone who prepares market research and recommendation reports

3. What are the other details about the exam?

  • Total Marks       : 100

  • Passing Mark   : 60%

  • Negative Mark  : 0.25

  • Total Duration   : 2 Hours

4. What is the weightage assigned to each topic?

Chapter Name Weightages %
1 Introduction to Research Analyst Profession 3%
2 Introduction to Securities Market 6%
3 Terminology in Equity and Debt Markets 6%
4 Fundamentals of Research 5%
5 Economic Analysis 7%
6 Industry Analysis 10%
7 Company Analysis – Qualitative Dimensions 7%
8 Company Analysis – Quantitative Dimensions 15%
9 Corporate Actions 6%
10 Valuation Principles 15%
11 Fundamentals of Risk and Return 5%
12 Qualities of a good Research Report 5%
13 Legal and Regulatory Environment 10%
Total   100%

5. What are the topics covered for this exam?