Post Graduate Diploma in Management Securities Markets (PGDM-SM)
NISM Mumbai PGDM-SM: Curriculum, Fees, Placements, Admission 2026
National Institute of Securities Markets (NISM) was established in 2006 by the Securities and Exchange Board of India (SEBI). NISM Mumbai offers Post Graduate Diploma in Management (Securities Markets) – PGDM (SM), a two-year residential MBA equivalent program. NISM Mumbai PGDM SM admissions 2026 are open. Apply Now. Read more about NISM Mumbai PGDM Securities Markets Program including 2026 curriculum, fees, admission process, placements, ranking, and key highlights.
PGDM (SM) is an AICTE approved two-year Post-Graduate Diploma Programme in Management, where the students get exposure to varied subjects and verticals of securities markets including Economics, Financial Statement Analysis, Corporate Finance, Portfolio Management, Equity Valuation, Fixed Income Securities, and Derivatives & Risk Management, Investment Banking, Mutual Funds, and Wealth Management.
NISM PGDM SM curriculum, along with application-based teaching pedagogy and industry internship, serves as a strong foundation for further grooming and growth into various career paths in the corporate/financial/securities markets. PGDM (SM) students are positioned to take up a wide range of roles and responsibilities, such as Analysts, Investment Managers, Investment Bankers, Treasury Managers, Risk Managers, Compliance Officers, Financial Planners, Wealth Managers etc.
NISM Mumbai PGDM-SM Admission Process 2026
- NISM invites online applications for admission to the PGDM (Securities Markets) 2026–28 (Batch VIII).
- Registration start date is December 20, 2025 and the last date of online registration is March 23, 2026.
- Candidates need to create their Login ID (USERNAME & PASSWORD) for online registration on NISM official website. Upon successful registration, a User-ID and Password will be sent to registered email ID and mobile number of the candidate.
- Candidates need to submit an application/admission data form along with a non-refundable registration fee of Rs. 1,000/- (Rupees One Thousand Only).
- Candidates are required to qualify in any of four All India Common Admission Tests i.e. CAT 2025, XAT 2026, CMAT 2026 and MAT 2025/2026.
- Shortlisted candidates from Stage-II will appear in Stage-III i.e Online Personal Interview.
- All shortlisted candidates will be informed by email or download their call letters to appear in the Online Personal Interview. All the required details like date, time and other guidelines will be mentioned in the call letter.
- Eligible candidates will receive an Email for the Online Personal Interview process for PGDM-SM Admissions 2026-28 (Batch VIII).
- Final Selection List Based on Entrance Score, Online Personal Interview & Diversity Scores
- The offer of admission to the candidate will be made strictly on the basis of merit/ rank list.
- The Merit List will be generated based on the valid composite score of Entrance score 2025, Online Personal Interview, Past Academics and Gender Diversity.
NISM Mumbai PGDM (SM) programme is a unique blend of specialized securities markets inputs and managerial insights. Since the field of securities markets represents the confluence of several related areas, the NISM PGDM Securities Markets program curriculum rests on the following pillars:
- Economics, including financial economics
- Finance
- Accounting and Reporting
- Quantitative Methods and Computing
- Law and Compliance
- FinTech
The key takeaways from the programme are:
- Structured and comprehensive insights into the equity, debt, currency and commodity markets, and their derivative markets, in a well-designed and rigorously delivered environment
- Insights from Finance, Accounting, Economics, Computing, Quantitative Methods and Law
- Comprehensive coverage of the latest developments in FinTech
- Developments in ESG
- An enviable repertoire of knowledge, skills and applications in various segments of the securities markets leading to various career pathways
- Development of analytical skills, critical thinking, problem solving and reporting, as is required of a contemporary professional
- Learning to learn, which is the hallmark of a global professional. This in turn, could help the participant in adding other nationally and internationally relevant professional certifications to his/her Resume, during the course of PGDM (SM) or in the future, to remain current and contemporary.
NMISM Mumbai PGDM (SM) can lead the successful participants to the following careers pathways:
- Segments: Equity Markets, Debt Markets, Currency and Currency Derivative Markets, Commodity Derivative Markets
- Market Infrastructure Institutions: A wide range of roles (Business Development, Operations, Compliance, Risk Management, etc.) in Market Infrastructure Institutions including Stock Exchanges, Commodity Exchanges, Clearing Corporations and Depositories
- Research and Analytics: Credit Research & Ratings, Economic Research, Policy Research, Analytics and Computing in Risk Management & Derivatives
- Banking: Commercial banking, Treasury Operations, Treasury Management etc.
- Advisory: Investment Advisor, Personal Financial Planner, Wealth Manager
- Mutual Funds: Business Development, Distribution, Operations, Compliance, Risk Management, etc. in the Mutual Funds Industry
NISM Mumbai PGDM-SM Application Process
- Candidates need to create their Login ID (USERNAME & PASSWORD) for online registration at NISM Official Website (NISM.ac.in). Upon successful registration, a User-ID and Password will be sent to registered email ID and mobile number of the candidate.
- Candidates need to submit an application/admission data form along with a non-refundable registration fee of Rs. 1,000/- (Rupees One Thousand Only).
- Applications in any other mode will not be accepted
Education Requirements: Bachelor’s Degree of minimum 3 years’ duration and obtained at least 50% marks.
Others Eligibility Criteria have following key requirements:
NISM Mumbai PGDM SM Interested applicants who fulfil the below-mentioned eligibility criteria are required to register for the PGDM- SM 2026-28 (Batch-VIII).
- Applicants must hold Bachelor’s Degree of minimum 3 years’ duration and obtained at least 50% marks.
- Applicants in the last year of their Bachelor’s Degree program and awaiting their final results can also apply. However, their admission will be considered as provisional and is subject to fulfilling the above- mentioned eligibility criteria within the specified timeframe.
- Candidates are required to qualify in any of four All India Common Admission Tests i.e. CAT 2025, XAT 2026, CMAT 2026 and MAT 2025/2026.
NISM Mumbai Online Personal Interview (PI)
- Shortlisted candidates from Stage-II will appear in Stage-III i.e Online Personal Interview.
- All shortlisted candidates will be informed by Email or download their call letters to appear in the Online Personal Interview. All the required details like date, time and other guidelines will be mentioned in the call letter.
- Eligible candidates will receive an Email for the Online Personal Interview process for PGDM-SM Admissions 2026-28 (Batch VIII).
Final Selection List Based on Entrance Score, Online Personal Interview & Diversity Scores
- The offer of admission to the candidate will be made strictly on the basis of merit/ rank list.
- The Merit List will be generated based on the valid composite score of Entrance score 2025, Online Personal Interview, Past Academics and Gender Diversity. The merit list for the admissions is prepared as per the weightage given below:
NISM offers many scholarship opportunities to students pursuing PGDM SM programs. Details will be shared after application during the admission process.
Master of Business Administration
LM Thapar School of Management (LMTSM) is part of the prestigious Thapar Institute of Engineering & Technology. LM Thapar is ranked by NIRF in Top 50 B-schools in India, and has also earned AACSB accreditation. LM Thapar School of Management Director and Dean is Dr DP Goyal, who is the former Director of IIM Shillong. LM Thapar School of Management MBA admissions 2026 is open. Read more details about LM Thapar MBA program including curriculum, placements, admissions and other highlights in the following sections.
The MBA program at LM Thapar School of Management (LMTSM) is a transformative two-year full-time course. LM Thapar School of Management MBA course combines foundational management lessons with experiential learning components such as consulting projects, industry internships, and live case studies. Students engage with core management disciplines, choose electives aligned with their career goals, and also earn a certification in Artificial Intelligence.
LM Thapar School of Management MBA is based on carefully designed structure that balances theory and application. Over four semesters, students complete 70 credits including core courses, electives, and a mandatory summer internship. Core subjects in LM Thapar MBA curriculum cover areas like finance, marketing, operations, analytics, and strategy, while electives allow students to specialize in their chosen domain.
The LMTSM MBA offers five key specializations in Business Analytics and Information Systems, Finance, Operations, Human Resource Management, and Marketing. Each MBA specialization is prepared to align with emerging industry trends and equips students with domain-specific skills. For instance, the Business Analytics and Information Systems track prepares students to leverage data and technology for decision-making, using tools such as Tableau, big data platforms, and risk analytics.
LM Thapar School of Management MBA Admission Process
Admission to the MBA at LM Thapar School of Management is based on a comprehensive assessment of the intent and ability of the applicant to pursue a quality MBA program. Candidates will be shortlisted based on the details in the application form, and will be invited for personal interview, as per the following:
A. Professional Readiness
It comprises two parts:
- Video Statement of Purpose (A short video)
- Interview with admissions panel, where the applicant is assessed for overall fit
B. Academic Readiness
It is measured based on the applicant’s performance in CAT / XAT / GMAT. Applicants who have not taken any of these tests are required to take Thapar Management Aptitude Test (TMAT) on the day of the interview.
C. Academic History
It comprises three parts:
- Class 10th Performance
- Class 12th Performance
- Graduation Performance (Penultimate Year)
LM Thapar MBA curriculum balances both theory and application. Over four semesters, students complete 72 credits including core courses, electives, and a mandatory summer internship. Core subjects in LM Thapar MBA curriculum cover areas like finance, marketing, operations, analytics, and strategy, while electives allow students to specialize in their chosen domain.
The LMTSM MBA offers five key specializations in Business Analytics and Information Systems, Finance, Operations, Human Resource Management, and Marketing. Each MBA specialization is prepared to align with emerging industry trends and equips students with domain-specific skills.
For instance, the Business Analytics and Information Systems track prepares students to leverage data and technology for decision-making, using tools such as Tableau, big data platforms, and risk analytics.
LM Thapar MBA curriculum integrates Artificial Intelligence and Analytics in all courses to prepare AI-proficient MBA aspirants.
Candidates need to apply online for MBA admission on this official LM Thapar MBA Application Form.
Candidates need to register, fill application form and pay the application fees to complete their MBA application.
LM Thapar MBA Admission 2026 is open. Apply Now.
- Graduate Degree in any discipline with at least 50% aggregate marks or equivalent CGPA or corresponding grade secured from a recognized University/Institute, OR,
- Post Graduate degree in any discipline with at least 50% aggregate marks or equivalent CGPA or corresponding grade from a recognized University/Institute, OR,
- Graduate with a professional qualification scoring a minimum percentage of 50% in all parts/sections of the Intermediate examination of CA/ CS/ ICWA/ Institute of Actuaries of India, OR,
- Candidates appearing for the final year of Bachelor’s degree/equivalent qualification examination and those who have completed degree requirements and are awaiting results can also apply.
- Candidate must have valid CAT/ XAT/ GMAT/ TMAT (Thapar Management Aptitude Test) scores.
LM Thapar School of Management MBA Selection Process gives due weightages to Professional Readiness, Academic Readiness, and Academic History of a candidate. Merit score for LM Thapar MBA selection process is calculated as follows:
COMPUTATION OF MERIT SCORE:
1. The weights given to the components A, B and C are 45%, 40% and 15% respectively. A, B, and C are the applicant’s scores in Professional Readiness, Academic Readiness,
and Academic History, respectively.
2. Diversity factor is considered in the component A.
3. Final merit is prepared based on the Net Score, calculated using the following
formula: Net Score = (0.45*A) + (0.4*B) + (0.15*C)
LM Thapar MBA scholarships are offered to applicants who have achieved excellence in their prior academic studies. There are 90 merit scholarships available, divided into three slabs:
- 50% tuition fee waiver
- 30% tuition fee waiver
- 20% tuition fee waiver
Awards are granted based on the applicant’s ranking in the admission evaluation process.
Post Graduate Diploma in Management (PGDM)
National Insurance Academy (NIA) Pune is a leading MBA college in India that offers MBA equivalent PGDM course with average salary is Rs. 12.74 LPA. NIA Pune PGDM Fees is Rs. 12.00 lakhs for 2 years. NIA Pune PGDM Admission 2026 is open. Apply Now. Read latest information on NIA Pune Courses and Fees 2026 in this article.
National Insurance Academy (NIA) Pune PGDM is 2 years full time AICTE approved MBA equivalent management program. NIA Post Graduate Diploma in Management is more focused on Insurance business management and offers wide range of specializations required for Insurance business market.
The PGDM program aims to create a stream of young talent by building capacities in the management of Insurance, Pension, and allied sectors. The program offers to undertake and create an ambience for policy research, to promote learning, education and training in Insurance. NIA Pune PGDM cultivates essential industry skills and ensures that the graduates are well-prepared for diverse roles within the industry by fostering capacities such as critical thinking, problem-solving, effective communication, and ethical decision-making, enhancing the overall competency of students.
National Insurance Academy (NIA) Pune PGDM Admission Process 2026 is through various MBA entrance exam scores. NIA Pune Admission Process has following steps
Step 1: Apply & Appear in acceptable MBA entrance exam and Apply Separately for NIA Pune Admission 2026.
Step 2: Shortlist: Candidates will be shortlisted based upon MBA entrance exam score and the information provided in their application form
Step 3: GD PI Round: Shortlisted candidates will be called for Group Discussion and Personal Interviews.
Step 4: Final Selection: Final selection of the candidates will be based on weightages of MBA entrance exam score, GD & PI, consistent academic record, Work Experience among others
NIA Pune Admission 2026 Important Dates are as below:
- NIA Pune Last Date to Apply: TBD
- NIA Pune Shortlist Announcement for GD-PI: June 2026
- NIA Pune Final selection (PI) dates: June/July 2026
- Final Admission Offer to PGDM 2026-28 Batch: July/August 2026
NIA Pune Shortlisting Criteria
NIA Pune shortlisting Criteria for Interview Process is based on entrance exam score and other parameters as below:
National Insurance Academy (NIA) Pune PGDM is AICTE approved 2 years full time MBA equivalent management course with rigorous curriculum focused on Insurance business. NIA PGDM program curriculum is divided into six trimesters spread across two years. The curriculum is divided in core courses and electives. The focus on insurance in the program offers key specialization areas in General Insurance, Life Insurance, Health Insurance, Property Insurance, Sustainability Management, Marketing, Finance, Entrepreneurship and Innovation among others.
The NIA Pune curriculum consists of 55% core Management subjects like Finance, HR, Marketing, Analytics and Technology along with 45% Insurance Subjects viz. General Insurance, Life Insurance, Re-Insurance and Pension. Thus, the PGDM of NIA stands out in comparison with other PGDM Courses of similar nature and gives the student an added advantage of choosing an industry like Insurance, technology which is set for unprecedented expansion, while making their career choices. This programme is so designed to nurture students for top leadership role like CEOs in future and also to create entrepreneurs in the field of Insurance and Technology.
The unique blend of Management and Insurance has made the programme attractive to the employers giving a choice of well nurtured talent ready to take up any managerial position in Insurance and allied areas.
Step by Step process how to apply for NIA Pune PGDM admission is as below.
1. Register Yourself Apply Now
2. Verify Email
3. Fill Application Form Online
4. Pay Application Fee
5. Submit Application
Education Requirements: 50% in any Graduation
Work Experience: No
Exam Accepted: CAT / XAT / CMAT
Others Eligibility Criteria have following key requirements:
NIA Pune eligibility criteria for PGDM Admission 2026 have following key points:
- The candidate must hold a minimum 3 years’ bachelor's degree, with at least 50% marks or equivalent CGPA
- Candidates appearing for the final examination for the Bachelor’s degree (or equivalent examination) can also apply to the PGDM Program
- NIA Pune has prescribed upper age limit for applicants as on July 1, 2026. For General, EWS and NC-OBC category the candidates with maximum 28 years of age can apply. For SC/ST/DA category, the candidates with maximum 30 years of age can apply.
- Applicant should appear in one of the acceptable MBA entrance exams like CAT/XAT/CMAT
NIA Pune final selection round consists of Group Discussion and Personal Interview. All the shortlisted candidates must appear in GD-PI round. The final selection of the candidates will be based on weightages of MBA entrance score (CAT, XAT, CMAT), performance in GD and PI, consistent academic record, Work experience. Following weightages will be awarded to generate admission offer after final selection round:
National Insurance Academy (NIA) Pune Scholarships: Overview
NIA Pune scholarships are offered to meritorious and economically weaker students. NIA gives 9 scholarships of Rs. 1 lac each to meritorious students, girl students, eligible students belonging to specified categories including students belonging to economically weaker sections. These scholarships are subject to prescribed NIA Pune Eligibility criteria including attendance, Academic Performance and good conduct.
Post Graduate Diploma in Management (PGDM)
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Post Graduate Diploma in Management (PGDM)
IMI Kolkata The two-year PGDM programme is meant to give aspiring managers the tools they need in a variety of functional management areas to manage firms in a creative way. The programme’s design seeks to help students gain fundamental managerial skills for use in both Indian and international contexts.
Students have access to modern courses like Digital Marketing, Fintech, Data Analytics and Machine Learning, Generative AI, Business Analytics, Entrepreneurship, ESG, New Venture Development and Design Thinking for Rural Innovation, etc. In the second year, students take modern elective courses taught by on-campus faculty members and industry professionals.
The programme is approved by AICTE, accredited by the National Board of Accreditation (NBA) and internationally by the prestigious Association of MBAs (AMBA).
IMI Kolkata Programme Highlights
- 24-month, full-time programme that aims to help build in-demand competencies from the very first term
- Fully residential campus with air-conditioned accommodation
- Programme developed with input from industry experts, and taught by a highly skilled combination of academicians and industry experts
- Curriculum includes a mix of pedagogical tools such as case study-based approach, group assignments, simulations and internship projects with companies leading to holistic development of participants
- Student Exchange Programme conducted in collaboration with foreign universities
- Contemporary curriculum on Local Business Accelerator (LBA), Data Analytics and Machine Learning, ESG and Design Thinking for Rural Innovation
- Professional Certification from Coursera
- Specializations available in MIS & Analytics, Marketing, Finance, OB & HR, Operations Management, and IT & Strategy
- Approved by AICTE and accredited by NBA, NAAC and the prestigious UK-based Association of MBAs (AMBA)
- Compulsory Summer Internship Programme (SIP) at the end of the first year
- Industry-mentored and faculty-guided Capstone Project for gaining real-time experience
IMI Kolkata admission 2026 process is open. Read more details below.
IMI Kolkata is regarded amongst the best MBA colleges in India, and is ranked #42 by NIRF Rankings 2025. IMI Kolkata Placement 2025 average salary is Rs 12.75 LPA. IMI Kolkata admission 2026 is open. Apply Now.
Eligibility criteria
50% marks or equivalent CGPA in graduation from any AIU approved academic institution. Those graduating in 2026 may also apply.
Education background
To be eligible for admission to the PGDM Programme, the participants must possess a bachelor’s equivalent degree, with a minimum of 50% aggregate marks or equivalent in any discipline, from a recognised university in India or abroad (recognised by the UGC / Association of Indian Universities). However, the final selection may be based on a higher cut-off percentage depending on the total number of applicants for the programme. The bachelor’s degree or equivalent qualification obtained by the candidate must entail a minimum of three years of education after completing higher secondary schooling under the 10+2 system or equivalent. Candidates appearing in the final year of their bachelor’s degree or equivalent are also eligible, provided they furnish proof of meeting the minimum eligibility criteria by September 30, 2026. Candidates who are unable to comply with this requirement are liable to be rejected from the programme. It is desirable that candidates complete all academic requirements before enrolling for the programme to help them keep pace with the rigour and assessment parameters of the programme.
Participant profile
Participants in the PGDM programme may be fresh graduates and/or those with relevant work experience from any discipline, including Engineering, Humanities, Commerce, Economics, Medicine, or any other field of education.
New-age Courses
IMI Kolkata programme curriculum highlights include specialized courses as given below.
LBA course, it focuses on connecting students with local businesses, providing them with opportunities to collaborate, analyze business challenges, and propose strategic solutions. Through LBA, students gain practical insights into real-world business scenarios, develop problem-solving skills, apply classroom knowledge to actual business situations and contribute to the growth of local enterprises.
ESG, IMI Kolkata prioritizes Environmental, Social, and Governance (ESG) principles in its curriculum, focusing on responsible and sustainable business practices. The curriculum teaches students to evaluate a company's performance in terms of ethical, social, environmental and governance perspectives, equipping future business leaders with the necessary knowledge for long-term sustainability.
Data Analytics, The Data Analytics area at IMI Kolkata provides a comprehensive and hands-on program that equips students with a versatile skill set to navigate the evolving data landscape. Our curriculum covers a wide spectrum of tools and techniques, including Excel for data preprocessing and visualization, R and Python for statistical analysis, machine learning and textual analytics, SQL for database management, Tableau for data visualization, SPSS Statistics and SPSS Modeler for advanced analytics, and NVivo for qualitative data analysis. By integrating these powerful tools into our coursework, students gain proficiency in the entire data analytics workflow, from data collection and preprocessing to advanced modeling and visualization. This holistic approach ensures that our graduates are well-prepared to excel in data-intensive roles and contribute effectively to data-driven decision-making in various industries
Design Thinking for Rural Innovation
IMI Kolkata has collaborated with the School of Design Thinking to integrate the course on Design Thinking in a comprehensive manner. With the support of Mission Samriddhi, a social impact platform dedicated to holistic development of Rural India, the course "Design Thinking for Rural Innovation" aims to provide management students with hands-on elements in the rural community and empower them with the skills and methodologies of Design Thinking to address and solve pressing issues in rural areas.
This course primarily helps students to hone their Critical Thinking, Problem-Solving and Integrated Thinking skills.
Generative AI
IMI Kolkata introduces a specialized course on Generative AI (GenAI), a transformative technology that is reshaping industries by automating creative processes, enhancing decision-making, and enabling innovative business models. The course is designed to familiarize MBA students with the core concepts of GenAI, its technological foundations, and its wide-ranging practical applications. It further examines the managerial implications of GenAI adoption, including system architecture, deployment strategies, capability development, governance, and ethical considerations. Delivered through a blend of theory, case studies, hands-on practice, and real-world business applications, the course aims to equip students with actionable GenAI literacy and the skills to leverage its potential in managerial contexts.
To apply for IMI Kolkata, follow these steps.
IMI Kolkata PGDM Application Procedure:
For complete information, refer to the Admission Bulletin 2026 – 28. Please note that after submitting the final application along with payment of application fee, the candidate cannot edit or make any changes in the given information
- Application form is available on this link. Apply Now
- Users should create a new account while applying online. The login details will be used for filling the admission form and for checking the status of the application later. After logging in successfully, the admission form will be displayed.
- Applicant should complete the online application form and submit it along with non-refundable application processing fee.
- Incomplete forms are liable to be rejected
Education Requirements: 50% marks or equivalent CGPA in graduation from any AIU approved academic institution
Work Experience: No mandatory
Exam Accepted: CAT , XAT GMAT and CMAT
IMI Kolkata PGDM selection process is as below.
IMI Kolkata PGDM Selection Process
Candidates who apply online for admission into PGDM will be shortlisted on the basis of Entrance Score (CAT/XAT/CMAT or GMAT score)
Academic Record
Only shortlisted candidates will be called for the final stage of the selection process – the Individual Assessment Individual Assessment Process (Personal Interview) will be held in January/ February 2026(tentative). Past academic records, performance in the individual assessment process along with other qualitative parameters, like quality of work experience and extra-curricular activities constitute the core components of the selection process. The IMI Kolkata Admissions Committee reserves the right to modify these components while communicating these to the applicants at the Individual Assessment stage. The overall objective will be to identify and assess the candidate’s potential for a managerial career.
Personal Interview
The last stage of the procedure is the Personal Interview round in which students are evaluated based on their knowledge of current events, oral communication skills, domain knowledge of their degree, and work experience (if any). This is an extensive session with a panel that includes representatives of the faculty, business houses, and alumni. Students are also assigned a topic for the extempore round, which assesses their ability to think on their feet.
Applicants should note that mere fulfilment of minimum eligibility criteria may not ensure consideration for shortlisting by IMI Kolkata. IMI Kolkata will not entertain any correspondence on this subject and decisions of the IMI Kolkata Admissions Committee will be final in all matters.
IMI Kolkata offers following scholarships for bright students.
IMI Kolkata Tuition Fee Waiver
All students whose total family income is less than Rs. 8 lakhs per annum shall be eligible for Scholarship under Economically Weaker Section. Applications for Tuition Fee Waiver under Economically Weaker Section shall be invited from the students after they have been admitted into the programme. Any student joining PGDM 2026-2028 batch who is desirous of claiming the tuition waiver should apply to admissions office ([email protected]) before due date as will be intimated by the institute, with a copy of the income tax returns, PAN number, Certificate issued by competent authority appointed by appropriate government. Requests received after due date shall not be processed. Please note that all Applications for Tuition fee waiver (under economically weaker section) shall be collected and processed at one time for all such applicants. Scholarships for Economically Weaker Section shall be offered up to 5% seats of the total intake of the institute.