National Stock Exchange of India Limited

National Stock Exchange of India Limited, a company registered under the Companies Act, 1956, provides a testing and certification mechanism called NSE's Certification in Financial Markets(NCFM) to test practical knowledge and skills that are required for operations in financial ,markets in a secure and unbiased manner. NCFM is designed to administer tests in a modular fashion. It offers a comprehensive range of modules that cover many different areas of finance. It is an on-line nation-wide testing and certification system where the entire process from generation to question paper, invigilation, testing, assessing, scores reporting and certifying is fully automated.

Electronic Mode

Admission to examination:

A candidate preferring electronic mode of examination is required to submit NCFM enrollment form duly completed by the candidate and countersigned by the authorised official of the sponsoring insurer. If the candidate wishes to appear for both Life and General Branches, he/she shall have to submit two separate forms, one each from the two sponsoring companies. Each entry form shall be accompanied by the admission fee of Rs.200 and a photograph. These are to be submitted at any of the seven offices of the NSE where the candidate intends to take examination.

Payment of Examination Fee:

The examination fee must be remitted along with the form by way of consolidated demand draft favouring National Stock Exchange of India Ltd. payable at the city where the candidate is seeking examination.

Admission Card:

No candidate will be allowed to appear for the examination unless he produces the Admission Card. Hall ticket is issued to the candidate within 10 days from date of receipt of enrollment form. The hall ticket shows the registration number, besides the details of examination venue, date and time etc. a candidate who has not received his hall ticket in time must immediately get n touch with the respective office of the NSE.

Examination date and Venue:

The examination is administered through out the day on weekdays at all seven offices (Mumbai, Delhi, Chennai, Hyderabad, Pune, Ahmedabad). As far as possible a candidate is allotted a time slot as desired by him in the enrollment form, once a time slot has been allotted, the test cannot be rescheduled. The candidate has to seek fresh enrollment if he fails to take examination at the scheduled time slot.

In addition to these seven locations, the examinations are also administered at any time on any day at any location in India. Examinations are administered on the dates and venues (other than NSE offices) mutually agreed upon between the sponsoring insurer and the NSE, provided that at least 50 candidates are ready to appear for the examination at that venue. The venue would generally be the place where the training is conducted, unless the test administrator appointed for the purpose considers the place unsuitable because of inadequate lighting or ventilation or space to accommodate the candidates allowing for reasonable distance between each other, or any other reason. The decision of the test administrator will be final and binding.

A sponsoring insurer after obtaining the consent of the NSE to administer the examination at a particular date and venue (other than NSE offices) shall submit to the NSE the respective enrollment forms along with fees and photograph.

Certificate of Attendance:

A Certificate of Attendance is issued to candidates who appear for the test.

Results:

Marks are provided to the candidate immediately on submission of the answer paper. A certificate and the score card signed by the authorised signatory of the institute is mailed within 15 days of the test to the sponsoring insurer. No request for re-valuation of paper and reconsideration of results is entertained.

Discipline:

On arrival at the designated test centre on the specified day, the test administrator verifies identity of the candidate and grants him access to the test terminal. The candidate can bring in a calculator, a pen and the hall ticket only to the examination hall and nothing else. No assistance is available during the test. A candidate found using any unfair means or in possession of any incriminating material during the test will be expelled from the examination hall and his test would be cancelled. The decision of the test administrator in this regard shall be final.

List of NCFM Test Centres

Correspondence regarding the examination can be made at

National Stock Exchange of India Limited,
Mahindra Towers, 'A' Wing, 1st Floor,
RBC, Worli,
Mumbai-400 018
Phone : 4960525/ 4932555/ 4928405
Telax : 011-85705INSTIN
Fax : 91-22-4935631

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