For a thriving career in finance, degrees aren’t enough anymore. Students need to have an edge to be able to grab the best opportunities and they can get them through a finance certification.
But the question here is – which certificate finance course to choose?
Pick the right one and it can help take your career to the next level. Pick the wrong one and all your hard work will go down the drain.
Start by putting down your 3-year plan and 5-year plan. And then go through our extensive list of the best certification courses in finance available in India to pick out the course which will help you accomplish your 3-year and 5-year plan.
Certified Financial Planner
Financial Planners are responsible for managing personal and corporate finances. The duration of the course is 6 months to 1 year, and the exact time depends on the place you pursue the course from.
There are four exams in total which include Risk Analysis and Insurance planning, Retirement Planning and Employee Benefits, Investment Planning, and Tax Planning and Estate Planning.
The ACAA certification provides you a membership in the Association of Chartered Certified Accountants, UK and professional qualification in Auditing, Accountancy, and Taxation. ACCA course is also popularly known as the British CA.
ACCA exams in India are held in June and December everywhere by British Council and the registration costs around INR 30,000.
National Institute of Securities Markets (NISM)
Clearing NISM certification not only gives you a more glowing career, but it also provides you with a vast knowledge in securities market, financial market, stocks, brokerage, and mutual funds.
Regulated by Securities and Exchange Board of India (SEBI), the certification has 10 exams of two hours each and the costs for them varies between INR 1250 – 4495. You can check the complete detail of the tests here.
The great part about NISM Course is that there is no minimum qualification or age limit.
Certified International Securities and Investments (CISI)
CISI value in India has only increased over the past view years and that is because the certification equips you with necessary foundation needed to work in the investment and securities market.
The CISI certification provides a bunch of courses including Financial Derivatives, Fund Management, Applied Wealth Management, and Operational Risk. The total cost of the certification goes to around £1.7K. You can get the complete breakdown of all the tests here.
NCFM is NSE’s Certification in Financial Market which is undoubtedly one of the most popular certification in the financial sector.
If you are hoping for an aspiring career in finance or stock broking, then we strongly recommend getting an NCFM certifications since NSE is the biggest stock exchange in India, in terms of volume.
Just like NISM, there isn’t any minimum education or age requirement for NCFM but candidates are expected to be proficient in English. The exam costs INR 1500 and it is conducted at six NSEIL offices across India which includes – Chennai, Mumbai, Delhi, Kolkata, Ahmedabad, and Hyderabad.
CIMA ( Chartered Institute of Management Accountants )
The CIMA is a UK based professional body providing the right training and qualification in management accountancy and other related subjects. It majorly aims to build competent and confident accountants and financial experts who can lead their organizations to sustainable success. The major activities of CIMA are promotions of local education, training, research of new techniques, circulating accounting based practices through publications, media related activities, etc
While these are just some of the many certificate finance courses in India, each one is good in its own way. A certification in NCFM and NISM would be great if you want to go into stock broking or understand the stock exchange markets a bit more. But if you are looking for more international prospects, ACCA would be the way to go.