Stipend and Fee Structure
 

Course Fees:

To pursue the Post Graduate Certificate in Securities Markets, the interested participants will have to invest ₹ 2.50 Lacs (subject to change) which the students have an option of either availing an education loan from ICICI Bank or of self-funding the course fee.

Participants also have option of hostel facility. For participants who wish to take hostel facility - will have to invest ₹ 2.88 Lacs (subject to change) which the students have an option of either availing an education loan from ICICI Bank or of self-funding the course fee.

The participants would have to pay for the refreshments and any other incidentals on actuals on a monthly basis to the Institute. Additionally a one-time amount of ₹ 2000/- is payable towards the NISM Alumni Association Fee.

If you are selected for the PGCSM programme you would be required to deposit ₹ 10,000/- towards admission security deposit along with submitting your acceptance to join. The procedure for this will be explained in your Invitation Letter. This amount will be refunded to you on completion of 90 days of the programme at the University. However, if you do not join the programme after confirmation or leave the programme within 90 days of joining, this amount will be forfeited.

 

Stipend:

During the 9 months classroom-training period the participants will be paid a stipend of ₹ 10,000 per month, to cover the incidental expenses. 

During the 3 months internship phase with ICICI Bank, the participants will be paid a stipend of ₹ 50,000 per month to cover the expenses incurred.

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