1) Foundation Level
The Foundation Examination is composed of 1 paper:
The Foundation Examinations will contain multiple choice, calculation, mini- case study questions which assess the knowledge and analytical skills of candidates on the fundamentals of finance.
2) Final Level
The Final Examination is composed of 2 papers:
National Exam (India):
The National Examination is composed of 2 paper:
a) NISM Series X-A: Investment Advisor Level 1 (120 mins)
b) NISM Series X-A: Investment Advisor Level 2 (120 mins)
The examinations are offered twice a year, in March and September.