The NISM Research Analyst Exam is a mandatory certification for individuals who wish to work as research analysts or become SEBI-registered analysts in India. To appear for the NISM Research Analyst certification, candidates must have completed graduation from a recognized university. Basic knowledge of finance, markets, and data analysis is beneficial.
The NISM Research Analyst syllabus includes topics such as introduction to research analysis, fundamental and technical analysis, valuation principles, micro and macroeconomic analysis, and regulatory requirements under SEBI. The exam fee is approximately ₹1,500, and candidates can register online through the NISM website.
For study material, NISM provides an official workbook that covers all syllabus topics, along with mock tests and previous question papers for better preparation. After passing the NISM Research Analyst exam, candidates can apply for BSE RA Registration or register directly with SEBI by fulfilling the required experience, capital adequacy, and compliance norms.
To excel, focus on understanding financial statements, valuation techniques, and SEBI regulations. Achieving NISM certification and completing BSE RA Registration are essential steps toward becoming a recognized and compliant SEBI Registered Research Analyst in India.
