Complete Guide to the NISM 8 Syllabus for Equity Derivatives
If you are planning to build a career in the financial markets, understanding the nism 8 syllabus is one of the first steps. The NISM Series VIII – Equity Derivatives Certification Exam is designed for professionals who want to work in stockbroking, trading, or investment advisory firms. It provides essential knowledge about derivatives, market participants, trading strategies, and regulatory frameworks.
What Is the NISM 8 Exam?
The NISM (National Institute of Securities Markets), established by SEBI, conducts several certification exams for finance professionals. The NISM Series VIII focuses specifically on Equity Derivatives, helping candidates understand how derivative instruments work in the Indian securities market.
This certification is mandatory for individuals working as dealers or sales personnel in the equity derivatives segment of stockbroking companies. The nism 8 syllabus aims to ensure that such professionals have complete knowledge of derivatives and related risk management practices.
Structure of the NISM 8 Syllabus
The nism 8 syllabus is well-structured and covers both theoretical and practical aspects of the derivatives market. Below is an overview of the main topics included:
- Introduction to Derivatives
- Concept and definition of derivatives
- Types of derivatives – forwards, futures, options, and swaps
- Importance and uses of derivatives in financial markets
- Understanding Index and Index Construction
- Basics of stock market indices
- Calculation of index values
- Factors affecting index movements
- Introduction to Forwards and Futures
- Differences between forwards and futures
- Pricing, margins, and daily mark-to-market settlements
- Hedging and speculation using futures contracts
- Introduction to Options
- Types of options – call and put
- Option terminology and contract specifications
- Option payoffs and strategies
- Trading, Clearing, and Settlement
- Role of exchanges and clearing corporations
- Risk management systems
- Trade life cycle and settlement process
- Legal and Regulatory Framework
- SEBI regulations governing derivatives
- Investor protection and code of conduct
- Accounting and Taxation
- Accounting treatment of derivative transactions
- Tax implications for traders and investors
NISM 8 Exam Pattern
The NISM 8 exam consists of 100 multiple-choice questions, each carrying one mark. The duration is 2 hours, and you must score at least 60% to pass. There is no negative marking, making it easier for candidates to attempt all questions confidently.
The exam is conducted online at designated NISM centers across India, and candidates can choose their preferred date while registering.
Registration and Fees
To appear for the exam, candidates must register on the official NISM certification portal. The exam fee is around ₹1,500, but you should always check the latest updates from the official source.
You can find the updated syllabus, registration details, and exam guidelines here:
👉 nism 8 syllabus
Preparation Tips for NISM 8 Exam
- Understand the Syllabus Thoroughly:
Read every topic in the nism 8 syllabus carefully and mark key areas for revision. - Study from NISM Workbooks:
The official NISM workbook provides detailed explanations and sample questions. - Attempt Mock Tests:
Practice through mock tests to understand the pattern and improve speed and accuracy. - Revise Regularly:
Go through formulas, definitions, and option payoff diagrams repeatedly. - Use Trusted Platforms:
Ambitious Baba provides the complete nism 8 syllabus along with important study materials, free mock tests, and preparation tips.
Why Choose Ambitious Baba?
Ambitious Baba is a trusted platform for financial exam preparation. Whether it’s banking, insurance, or NISM certifications, the site offers comprehensive content that helps candidates prepare smartly. You can access:
- Detailed syllabus breakdown
- Free PDFs and mock tests
- Latest exam updates
- Expert preparation guidance
