The National Institute of Securities Markets (NISM) exam is a critical credential for professionals working in the Indian financial sector. NISM, an educational initiative by the Securities and Exchange Board of India (SEBI), was established to enhance the quality of securities markets through education and certification. The NISM Exam covers a wide range of topics, from mutual funds and equity derivatives to research analysis and investment advising. These exams are designed to ensure that financial professionals have the necessary knowledge, skills, and ethical grounding to operate effectively within the industry.