NSE Certified Market Professional (NCMP) certificates are issued to those candidates who have cleared NCFM modules(stated in Table below) as per the following eligibility criteria: NCMP Level 1 NCMP Level 2 NCMP Level 3 NCMP Level 4 NCMP Level 5 3 – 4 modules 5 – 6 modules 7 – 8 modules 9 - 10 modules 11 or more modules Sr. No. Name of Module BEGINNERS MODULES 1 2 3 4 5 6 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 Financial Markets: A Beginners’ Module Mutual Funds : A Beginners' Module Currency Derivatives: A Beginner’s Module Equity Derivatives: A Beginner's Module Interest Rate Derivatives: A Beginner’s Module Commercial Banking in India : A Beginner's Module Back Office Operations Module Banking Sector Module Capital Market (Dealers) Module Commodities Market Module Derivatives (Advanced) Module Derivatives Market (Dealers) Module FIMMDA-NSE Debt Market (Basic) Module Financial Market (Advanced) Module Fundamental Analysis Module Insurance Module Investment Analysis and Portfolio Management Module Macroeconomics for Financial Markets Module Merger & Acquisitions Module Mutual Funds (Advanced) Module NSDL–Depository Operations Module Operations Risk Management Module OTHER MODULES At most one Beginners’ module will be counted towards certification for Level 1 and not more than two Beginners’ modules will be counted towards certification for Level 2 and above.17 18 19 20 21 22 23 Options Trading (Advanced) Module Options Trading Strategies Module Project Finance Module Securities Market (Advanced) Module Securities Market (Basic) Module Technical Analysis Module Wealth Management Module This hierarchy of certifications is aimed at enabling the candidates to better demonstrate their domain knowledge relating to financial markets. if a candidate has successfully cleared the same module more than once. The certificate awarded to the candidates will be named as “Proficiency Certificate” which will require qualifying various NCFM modules. The qualifying criteria for the various certifications are as given below: A) NSE Certified Derivatives Pro (NCDP) On passing NCFM Equity Derivatives: A Beginners' Module + Derivatives Market (Dealers) Module + Options Trading Strategies Module. then only the certificate for the highest level will be issued to the candidate. C) NSE Certified Investment Analyst Pro (NCIAP) On passing NCFM Investment Analysis and Portfolio Management Module + Technical Analysis Module + Fundamental Analysis Module. (For example: As of today if a candidate already holds 7 valid certificates since August 17.e. Certifications of proficiency are being introduced wherein certificates will be awarded to candidates depending upon the NCFM modules successfully cleared by them. B) NSE Certified Derivatives Champion (NCDC) On passing NCFM Equity Derivatives: A Beginners' Module + Derivatives Market (Dealers) Module + Options Trading Strategies Module + Option Trading (Advanced) Module. 2007. 2007. will be taken into account for NCMP certification. Candidates are requested to kindly take note of the following: Only valid NCFM certificates (i. then only one of those attempts of that particular module will be considered for the NCMP certification. In other words. then he/she will be directly eligible for NCMP Level 3 certification. . certificates not yet time-barred) for the modules stated in Table 1. Only successful attempts for distinct modules will be considered. In case a candidate is found to be eligible for more than one level. the NCMP certificate itself would have no validity period. However. obtained on or after August 17. The NCMP certificates will be generated on a monthly basis and will be dispatched in the subsequent month.) The NCMP certificates will be given in addition to the usual NCFM certificates that are issued to candidates. then only one attempt of that particular module will be considered for the Proficiency Certificates.e. the Proficiency Certificate itself would have no validity restriction.Collapse All INTERMEDIATE MODULES + Expand All | .Collapse All Financial Markets: A Beginner's Module Mutual Funds: A Beginner's Module Currency Derivatives: A Beginner's Module Equity Derivatives: A Beginner's Module Interest Rate Derivatives: A Beginner's Module Commercial Banking in India : A Beginner's Module FIMMDA-NSE Debt Market (Basic) Module Securities Market (Basic) Module + Expand All | . Only successful attempts for distinct modules will be considered i. NCFM Modules Important Settings FOUNDATION MODULES + Expand All | . The Proficiency Certificates will be printed on a monthly basis and will be dispatched by the first week of the subsequent month (for e. Candidates are requested to kindly take note of the following: Only valid NCFM certificates (i. in case a candidate has appeared twice for the same module. However.Collapse All Capital Market (Dealers) Module (CMDM) Derivatives Market (Dealers) Module (DMDM) Investment Analysis and Portfolio Management Fundamental Analysis Module Options Trading Strategies Module Operations Risk Management Module Banking Sector Module Insurance Module Macroeconomics for Financial Markets Module NSDL-Depository Operations Module Commodities Market Module Surveillance in Stock Exchanges Module Corporate Governance Module Compliance Officers (Brokers) Module Compliance Officers (Corporates) Module Information Security Auditors Module (Part-1) & Information Security Auditors Module (Part-2) Technical Analysis Module Mergers and Acquisitions Module Back Office Operations Module Wealth Management Module Project Finance Module Venture Capital and Private Equity Module Financial Services Foundation NSE Certified Quality Analyst Module Certified Credit Research Analyst (CCRACM) .e.g.D) NSE Certified Investment Analyst Champion (NCIAC) On passing NCFM Investment Analysis and Portfolio Management Module + Technical Analysis Module + Fundamental Analysis Module + Wealth Management Module. certificates not yet time-barred) will be taken into account for Proficiency Certification. the Proficiency Certificates for the month of May will be dispatched by the first week of June.) The Proficiency Certificate will be issued to the candidates only after completing the combination of modules given above. + Expand All | .Collapse All Modules of National Institute of Securities Markets (NISM) + Expand All | .Collapse All .Collapse All ADVANCED MODULES + Expand All | .Collapse All MODULES OF NATIONAL INSTITUTE OF SECURITIES MARKETS (NISM) + Expand All | .Collapse All Financial Markets (Advanced) Module Securities Market (Advanced) Module Derivatives (Advanced) Module Mutual Funds (Advanced) Module Options Trading (Advanced) Module Modules of Financial Planning Standards Board India (Certified Financial Planner Certification) Equity Research Module Issue Management Module Market Risk Module Financial Modeling Course + Expand All | .