1. NISM-Series-VIII: Equity Derivatives Certification Examination
2. NISM-Series-X-A: Investment Advisor (Level 1) Certification Examination

National Institute of Securities Markets (NISM) is a public trust, established by the Security and Exchange Board of India (SEBI), the regulator for securities markets in India. NISM seeks to add market quality through educational initiatives. NISM consists of six schools to effectively cater to its diverse target audience in the area of certification of intermediaries, regulatory studies, Security education and investor education, securities information and Research and corporate governance

The School for Certification of Intermediaries(SCI) at NISM is engaged in developing certification examinations for professionals employed in various segments of the Indian securities markets. These examinations are being developed by NISM as mandated under SEBI (Certification of Associated Persons in the Security Markets) Regulation, 2007. Presently, these examinations are delivered through various Test Administrators appointed by NISM in more than 150 cities across India.