National Institute of Securities Markets (NISM) LLM 2023

The LLM program in Investment and Securities Laws is an advanced program of legal study customised to the needs of students and working legal professionals. The NISM has entered into collaboration with India’s premier Law University, Maharashtra National Law University, Mumbai, to offer this LL.M. program in Investment and Securities Laws.

Start Date for Application – March 20, 2023

Last Date for Application – May 15, 2023

Date of Online Test – May 21, 2023

Date of Online Interview – June 5 to June 10, 2023 

Declaration of 1st Merit List – June 19, 2023

Declaration of 2nd Merit List – June 26, 2023

Declaration of 3rd Merit List – July 03, 2023

Last date for payment of a fee – July 10, 2023

Closure of Admission – July 11, 2023

Commencement of Program – July 15, 2023

Eligibility – 

1. An LL.B. Degree or an equivalent examination with a minimum of Fifty percent (50%) of marks or its equivalent grade in case of candidates belonging to General/OBC/PWD/NRI/PIO/OCI categories and Forty-Five percent (45%) of marks or its equivalent grade in case of candidates belonging to SC/ST categories.
2. Eligibility for industry/ institutions sponsored candidates – Industry/ Industry sponsored candidates: The candidates who are working with the Regulators (SEBI, RBI, PFRDA, IRDA, IBBI, CCI, etc.), Market Infrastructure Institutions (NSE, BSE, MCX, NSDL, CDSL, etc.), Banks and Financial Institutions, Securities Market Intermediaries, Government Departments, Judiciary and Advocates for three years and above are eligible to apply under this category.
3. Candidates appearing /awaiting results of the qualifying examination in May/June 2023 can also apply and appear in the Admission Process.

Duration of Online Test: 120 minutes

Types of Questions: Multiple-Choice Questions.

No. of Questions: 120

Syllabus: Questions can be asked from the following subjects in the online test: 

1. Constitutional Law – 20
2. Jurisprudence – 20
3. Law of Contract – 20
4. Company Law – 40
5. Current Affairs – 20

The questions in the interview will be asked from the same subjects (Constitutional Law, Jurisprudence, Law of Contract, Company Law, and Current affairs) for all the categories.

Test Location: Online test (Remote proctored) can be attempted by candidates from their own location.

Seats:

For the candidates in the All India category, based on their performance in the online test, the top 150 candidates will qualify for the interview.

• For the Industry/ Institutions sponsored category, based on the performance in the online test top 60 candidates will qualify for the interview.
• For the students under the Foreign National/NRI/NRI Sponsored category, based on their performance in the online test, the top 20 candidates will qualify for the interview.

The total number of the seat – It is proposed to have a total of 60 seats asunder;

 30 seats for students under All India and Maharashtra.

• 20 seats for Industry/Industry sponsored candidates.
• 10 Seats (under NRI/ NRI Sponsored quota).
• In case seats under any of the above categories remain vacant such seats will be allotted to the candidates falling in any of the above-mentioned categories’ waitlists.

All the candidates (including the Industry/ Institutions sponsored and the Foreign National/NRI/NRI sponsored candidates) will be selected based on their performance in Online Test and Online Interview.

Duration of LLM: The course offered is One Year LLM Degree in conformity with the UGC Guidelines. The time, of course, is one year, arranged in trimesters.

How to Apply?

• New user has to register by clicking on “Click here to Apply Now” button at https://www.nism.ac.in/ll-m/.
  1. Upon successful registration, a User-ID and Password will be sent to registered email ID and mobile number of the candidate.
  1. Fill out the Application form and upload all relevant documents.
  1. Complete the application form by paying the application fee – ₹ 1000/-

What is the Application Form Fee?

The application fee for the form is ₹ 1000.

This specialized LL.M. program, designed primarily for law students intending to work in the financial markets, offers full-time, intensive academic training in the legal regulation of securities and investments in India. The syllabus is comparatively tiny, which makes the exam straightforward and plain sailing. Contact Jurisedge for further guidance. All the best!

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