NATIONAL STOCK EXCHANGE OF INDIA LTD.
NSE’s Certification in
Financial Markets (NCFM)
CIRCULAR
Download Reference No.
NSE/NCFM/13815
Ref. No: NSE/NCFM/2010/131
January 1, 2010
Sub: Revision of fees and inclusion of modules in Fee Discount
Scheme
1)
Revision of
Fees :-
It has been decided to revise the fee structure and the test parameters for some modules
as given below:
Revised Fee Structure :
|
Sr. No. |
Name of Module |
Revised
Fees |
Effective dates
|
|
1 |
Financial
Markets: A Beginner’s Module |
Rs. 1,500/- |
January 07, 2010 |
|
2 |
Mutual
Funds: A Beginner’s Module |
Rs. 1,500/- |
January 07, 2010 |
|
3 |
Currency
Derivatives: A Beginner’s Module |
Rs. 1,500/- |
April 1, 2010 |
|
4 |
Equity
Derivatives: A Beginner’s Module |
Rs. 1,500/- |
April 1, 2010 |
Revised Test Parameters:
|
Sr. No. |
Name of Module |
Test
Duration (in minutes)** |
No. of
Questions # |
Effective
dates |
|
1 |
Financial Markets: A Beginner’s
Module |
120 mins |
60 |
January 07, 2010 |
|
2 |
Mutual Funds: A Beginner’s Module |
120 mins |
60 |
January 07, 2010 |
|
3 |
Currency Derivatives: A Beginner’s
Module |
120 mins |
60 |
April 01, 2010 |
|
4 |
Equity Derivatives: A Beginner’s
Module |
120 mins |
60 |
April 01, 2010 |
** 60 mins. at
present # 50
questions at present
Please note that other parameters such as no negative marking, maximum
marks (100 marks), pass marks (50%) would remain unchanged.
Thus, candidates enrolling (i.e. booking their
seats) henceforth for test dates on or after January 7, 2010 in (a) Financial Markets: A Beginner’s
Module and (b) Mutual Funds: A Beginner’s Module would have to enrol at the revised fees.
Similarly, candidates enrolling henceforth for test dates
on or after April 1, 2010 in (a) Currency Derivatives: A Beginner’s Module and (b) Equity Derivatives: A Beginner’s Module would have to
enrol at the revised fees.
Also, candidates taking the said tests
on or after the effective dates would have to take the tests with the revised
test parameters.
2)
Inclusion of modules in Fee Discount
Scheme :-
It has also been decided to include
the above mentioned modules in the Fee Discount Scheme currently in operation, which helps the candidates to take
tests at 50% discount (please refer Circular
Download Ref. No. NSE/NCFM/13146 dated September 29, 2009 and Download Reference No. NSE/NCFM/13457
dated November 13, 2009). The effective dates from which these modules would be
included in the Fee Discount Scheme are the same as the effective dates for fee
revisions stated above. Please note that
only those candidates who enroll themselves on or after the effective dates
stated above can avail of the Fee Discount Scheme provided they are eligible as
per the circulars
stated above.
This
circular comes into immediate effect.
For National Stock Exchange of India
Ltd
Nirmal Mohanty
Head, SBU (Education)