NISM offers admission to the PGDM (SM) as its flagship program. The total tuition fees of PGDM (SM) at NISM for 2025-26 is INR 6.14 Lakhs for 2 years. To be eligible for admission, candidates must have passed the 10+2 examination from a recognised board and must have passed graduation with a minimum of 50%. The selection criteria is based on CAT, XAT, CMAT, and MAT, followed by a Personal Interview.
The admission application process will go on till April 15, 2026. The personal interviews will be held between May 4, 2026 to May 13, 2026.
NISM Admission 2026 Important Dates
Some important admission dates for NISM are given below-
| Event | Date |
|---|---|
| Online Applications Open | December 20, 2025 |
| Last Date for Submission of Online Application | April 15, 2026 |
| Announcement of Call for Online Personal Interviews | April 23, 2026 |
| Date of Online Personal Interviews | May 04 – 13, 2026 |
| Announcement of First Selection List | June 10, 2026 |
| Announcement of Second Selection List | June 20, 2026 |
| Announcement of Third Selection List | June 30, 2026 |
| Student Orientation and Document Verification | July 10, 2026 |
| Academic Session Begins | July 13, 2026 |
Other exam dates are-
- CAT
- XAT
- CMAT
- MAT
NISM PGDM (SM) Admission 2026
NISM offers admission to the PGDM (SM) as its flagship program. The total tuition fees of PGDM (SM) at NISM for 2025-26 is INR 6.14 Lakhs for 2 years. The specialisation, eligibility, and selection criteria for PGDM (SM) 2025-26 is mentioned below for NISM:
| Course | Specialization | Eligibility | Selection Criteria |
|---|---|---|---|
| PGDM (SM) | Securities Market | 10+2, Graduation with 50% | CAT/ MAT / XAT / CMAT scores |
NISM PGDM (SM) Admission Process 2026
- PGDM (SM): The eligibility criteria for PGDM (SM) are 10+2 and graduation with a minimum of 50% from a recognised institute.
- The selection criteria is based on CAT, XAT, CMAT, and MAT scores, followed by a Personal Interview.
- The merit list will be generated based on the following criteria-
| Component | Weightage (%) |
|---|---|
| Competitive Exam Score (CAT 2025, XAT 2025, CMAT 2025, MAT 2025/26) | 50 |
| Personal Interview (PI) | 30 |
| Past Academics (Xth / SSC) or Equivalent Examination | 5 |
| Past Academics (XII / HSC) or Equivalent Examination | 5 |
| Past Academics (Graduation) | 5 |
| Profile (Academic Diversity and Gender Diversity) | 5 |
| Total | 100 |
NISM PG Admission 2026
NISM also offers PGPISM (Post Graduate Program in Investment and Securities Market), PGCSM (Post Graduate Certificate in Securities Market), and LLM (Investment and Securities Law). The eligibility and selection process are tabulated below-
| Course | Eligibility | Selection Criteria |
|---|---|---|
| LLM | LLB with 55% marks | NISM Aptitude Test and Personal Interview |
| PGPISM | 3-year Bachelor’s degree with 2-year full-time work experience Or 4-year bachelor’s degree plus 1-year full-time work experience Or | Academic Records including professional experience/qualification and Personal Interview. |
| PGCSM | Graduation with a minimum of 55% marks with a minimum of 3 years of work experience Age limit: 30 years | Aptitude Test and Personal Interview |
NISM Admission 2026 FAQs
Ques. Can you elaborate on the role and format of interviews in NISM's admission process for PGPISM?
Ans. The personal interview is a key part of NISM's admission process for PGPISM. It evaluates a candidate’s interest in financial markets, communication skills, analytical ability, and career goals. The interview is typically conducted by a panel of faculty and industry experts, either online or in person, and lasts around 15–30 minutes. Candidates are assessed on academic background, awareness of current financial affairs, and motivation for pursuing a career in securities markets.
Ques. What are the Academic Eligibility Criteria for the LLM program?
Ans. Applicants must hold an LL.B. or equivalent degree with at least 50% marks. Candidates awaiting results may apply provisionally, but must meet eligibility criteria by the specified cut-off.
For industry-sponsored applicants: A minimum of three years’ work experience with regulators, financial institutions, legal firms, or market infrastructure bodies is also required.
Ques. What is the syllabus of the entrance exam for the LLM Program?
Ans. The online test comprises questions from the following subjects:
- Constitutional Law
- Jurisprudence
- Law of Contract
- Company Law
- Current Affairs
Ques. I am a working professional. Will I be able to pursue the PGPISM Program?
Ans. Please note that PGPISM is a one-year full-time residential program conducted only from the NISM campus at Patalganga near Mumbai. Hence, participants are expected to reside in the campus and attend the regular classes. As a working professional, if your organisation sponsors you or allows you a study leave/sabbatical for one year, you can pursue the program, subject to meeting the eligibility criteria and selection.


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