NSE Certified Market Professional (NCMP)

NSE Certified Market Professional (NCMP) certificates are issued to those candidates who have cleared NCFM modules (stated in Table below) as per the following eligibility criteria:

NCMP Level 1 3 – 4 modules
NCMP Level 2 5 – 6 modules
NCMP Level 3 7 – 8 modules
NCMP Level 4 9 - 10 modules
NCMP Level 5 11 or more modules

Sr. No. Name of Module
1 Capital Market (Dealers) Module
2 Commodities Market Module
3 Derivatives Market (Dealers) Module
4 FIMMDA-NSE Debt Market (Basic) Module
5 Financial Markets: A Beginners’ Module
6 Mutual Funds : A Beginners' Module
7 NSDL–Depository Operations Module
8 Options Trading Strategies Module
9 Securities Market (Basic) Module
10 Currency Derivatives: A Beginner’s Module
11 Equity Derivatives: A Beginner's Module
12 Interest Rate Derivatives: A Beginner’s Module
13 Investment Analysis and Portfolio Management Module
14 Commercial Banking in India : A Beginner's Module
15 Fundamental Analysis Module
16 Banking Sector Module
17 Insurance Module
18 Macroeconomics for Financial Markets Module
19 Securities Market (Advanced) Module
20 Mutual Funds (Advanced) Module
21 Financial Market (Advanced) Module
22 Options Trading (Advanced) Module
23 Merger & Acquisitions Module
24 Back Office Operations Module
25 Wealth Management Module
26 Project Finance Module
27 Technical Analysis Module

This hierarchy of certifications is aimed at enabling the candidates to better demonstrate their domain knowledge relating to financial markets.

Candidates are requested to kindly take note of the following:

  • Only valid NCFM certificates (i.e. certificates not yet time-barred) for the modules stated in Table 1, obtained on or after August 17, 2007, will be taken into account for NCMP certification. However, the NCMP certificate itself would have no validity period. At most one Beginners’ module will be counted towards certification for Level 1 and not more than two Beginners’ modules will be counted towards certification for Level 2 and above.
  • Only successful attempts for distinct modules will be considered. In other words, if a candidate has successfully cleared the same module more than once, then only one of those attempts of that particular module will be considered for the NCMP certification.
  • In case a candidate is found to be eligible for more than one level, then only the certificate for the highest level will be issued to the candidate. (For example: As of today if a candidate already holds 7 valid certificates since August 17, 2007, then he/she will be directly eligible for NCMP Level 3 certification.)
  • The NCMP certificates will be given in addition to the usual NCFM certificates that are issued to candidates.
  • The NCMP certificates will be generated on a monthly basis and will be dispatched in the subsequent month.

Circular regarding NCMP certification can be accessed below:

Circular download no. Date Particulars
NSE/NCFM/12900 August 17, 2009 Introduction of NCMP certificates
NSE/NCFM/19484 December 2, 2011 NCMP certification: Introduction of Level 5

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