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NSE ,BSE exam benefits
Posted Date:
23 Feb 2009
Posted By::
Sachin Kumar
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What r the benefits of passing NSE and BSE exam when i m already working in IT field..? Is this help me start part time work ?
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#60744 Author:
veeresh
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Date: 23/Feb/2009 Rating:
Points
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All the information is on the NSE site.
Why NCFM?
The financial markets are going to be the turf of certified professionals very soon due to regulatory compulsions and/or initiatives of the industry. By imparting comprehensive knowledge and skill in the chosen field, NCFM enhances career opportunities for NCFM certified persons.
Some of these modules have regulatory sanctity. For example,
It has been specified by SEBI that all brokers/dealers and sales persons in the derivatives market have to mandatorily obtain certification. Derivatives Market (Dealers) Module of the NCFM has been recognised by SEBI for the purpose.
In order to improve the level of knowledge of market participants, only persons who have passed Capital Market (Dealers) Module of the NCFM are authorised to use the trading system of the National Stock Exchange.
The National Securities Depository Limited has similarly prescribed that all the branches of the depository participants must have at least one person who has qualified the NCFM module on Depository Operations.
SEBI recommends Surveillance Module for the officers working in surveillance departments of stock exchanges.
SEBI has made it mandatory for all mutual funds to appoint agents/distributors who have obtained certification in AMFI - Mutual Funds Modules. The existing and new employees of mutual funds, particularly those who are involved in sales and marketing, are encouraged to pass the certification in AMFI - Mutual Funds Modules.
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