Free course from Sebi, NISM for stock market investors. How to enrol?

Indian capital markets regulator the Securities and Exchange Board of India (Sebi) launched a free, voluntary online investor certification examination on Tuesday, with an aim to help individuals, especially beginners, gain comprehensive knowledge about stock market investing.

Known as 'Sebi Investor Certification Examinations' or SICE, the examination has been developed in collaboration with the National Institute of Securities Markets () and this voluntary certification aims to help investors test their knowledge of markets and investing, Sebi said in a statement.

"It is designed to assist individuals in their journey towards gaining comprehensive knowledge about investing in the Indian securities markets," the statement said.

Ananth Narayan G, whole-time member of Sebi, during the launch highlighted that the new certification examination is a significant step towards enhancing digital financial education in the securities market. "This online exam will help enhance investors' understanding of the investment process and the associated risks in the securities market and thus promote an efficient approach to investment aligned with the risk appetite of the investor," he added.

Benefits of Sebi's online certification exam
a) Develop a foundational understanding of , i.e saving, investment, budgeting and inflation among other things.

b) Knowhow of the structure of securities markets, including primary and secondary markets and role of stock exchanges, depositories, and regulatory bodies.

c) Learning about risks associated with investment such as credit risk, market risk, and liquidity risk and understand risk management concepts, i.e. hedging and diversification.

d) Recognise the importance of due diligence, ethical behavior, and transparency in investment practices and familiarising investors about their rights and responsibilities, disclosure requirements, and dispute resolution mechanisms.

e) Information about various government schemes

Who can enrol?

Anyone who is keen on learning about the Indian financial markets may take the SEBI Investor Certification Examination (SICE). There is no eligibility requirement with regards to age as well as educational qualification to take the SICE exam.
How to enrol?
Step 1: Visit NISM Online Certification System . Fill in the online registration to register for SICE.

Step 2: Once your registration is approved, you can enrol for the exam on the NISM Online Certification System. Select the city as 'Online' and select your preferred date and time of exam.

Step 3: Submit the filled form.

Step 4: Admit card will be generated mentioning your exam details.

Once enrolled, candidates can appear for the exam within 6 months from the date of exam.
Exam pattern, duration and validity
The examination consists of a total of 50 questions to be completed within a duration of 60 minutes. The exam is free of cost. The validity of the certificate is 2 years.

Study material can be downloaded from the NISM website . Alternatively, the enrolled candidates can also download the study material from their certification portal. Apart from the above study material, Candidates shall go through the content available on the SEBI Investor Website ().

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Source: Stocks-Markets-Economic Times