NISM Series XV: Research Analyst Certification Exam Guide 2025

Sun Nov 9, 2025

NISM Series XV: Research Analyst Certification Exam Guide 2025

Your Complete Preparation Companion with CrackCertify ✨

If you are planning to build a career in equity research, investment advisory, stock market analysis, or wealth management, then the NISM Series XV: Research Analyst Certification, conducted by the National Institute of Securities Markets (NISM) under SEBI, is one of the most valuable certifications you should consider. This certification enables professionals to analyze companies, evaluate investments, and create research reports for clients, funds, or institutions. It is mandatory for those who want to publish or communicate investment research professionally. To help students and professionals pass the exam with confidence, CrackCertify.in provides:

✅ Online mock tests
✅ Topic-wise study notes
✅ HD video lectures
✅ Performance tracking
✅ Exam-pattern-based practice questions Making preparation simple, structured, and effective.

About the NISM Series XV: Research Analyst Certification This certification is designed to build strong analytical and financial understanding for evaluating stock investments. It suits anyone who wants to work in financial research, wealth advisory, and stock market strategy roles. Who is this certification for? · Finance students & MBA aspirants · Working professionals in stock broking & investment advisory · Traders transitioning into research roles · Aspirants preparing for roles like Equity Research Analyst, Fundamental Analyst, etc. Benefits ⭐ SEBI-recognized professional credibility
⭐ Improves analytical, financial, and valuation skills
⭐ Enhances resume for finance and investment job roles
⭐ Gateway to high-growth roles in AMCs, brokers, banks, PMS firms, and research houses

Exam Highlights (Quick Details)

Feature	Details
Exam Name	NISM Series XV: Research Analyst Certification
Conducting Body	NISM (under SEBI)
Mode of Exam	Online (Computer-Based)
Question Type	MCQs
Number of Questions	100
Total Marks	100
Passing Marks	60 (60%)
Negative Marking	Yes, -0.25 per wrong answer
Duration	2 Hours
Exam Fee	₹1500
Certificate Validity	3 Years

Eligibility Criteria There are no strict educational requirements to appear for the exam.
However, having a basic understanding of financial markets makes preparation easier. Ideal Candidates · Commerce, BBA, MBA, CFA, CA, and Finance students · Stock market traders and investors · Employees working in stock broking or advisory firms · Anyone interested in equity & market research

Syllabus & Topics Covered Core Modules Covered in the Exam 1. Basics of Research & Financial Markets 2. Indian Securities Market Structure 3. Fundamental Analysis o Economic Analysis o Industry Analysis o Company Analysis 4. Financial Statements & Interpretation o Balance Sheet o P&L Statement o Cash Flow 5. Valuation Techniques o Ratio Analysis o Discounted Cash Flow (DCF) o Multiples (PE, PB, EV/EBITDA etc.) 6. Qualitative & Business Model Assessment 7. Sources of Research Information 8. SEBI Regulations, Disclosures & Compliance Rules How CrackCertify Helps You Master These Topics · Topic-wise explanations written in easy language · Practice sets and concept revision sheets · Full-length mock tests replicate real NISM exam environment · Detailed solutions and performance insights

Exam Pattern & Strategy · 100 MCQs, each carrying 1 mark · Negative marking applies, so accuracy matters · Paper difficulty is moderate, conceptual clarity is key Time Management Tips ⏱ Attempt fact-based theoretical questions first
📊 Leave numerical valuation & ratio questions for later
✅ Mark doubtful questions for review and attempt at the end
🎯 Target minimum 75+ preparation score in mock tests

How to Register for the Exam (Step-by-Step) 1. Visit: https://certifications.nism.ac.in 2. Sign up / Log in 3. Select NISM Series XV: Research Analyst 4. Choose exam date, center & timing 5. Pay fee online (₹1500) 6. Download admit card Before the real exam, practice with CrackCertify mock tests for confidence & accuracy improvement.

CrackCertify Course & Mock Test Features

Feature	Included
HD Video Lectures	✅
Topic-wise PDF Notes	✅
Full-Length NISM Mock Tests	✅
Difficulty-level based practice sets	✅
Real Exam Simulation	✅
Detailed Answer Explanations	✅
Performance Analytics Dashboard	✅
Lifetime Access	✅

💰 Course pricing starts at just ₹399 to ₹999, depending on plan.

Career & Job Opportunities After Certification Top Job Roles · Equity Research Analyst · Investment Advisor · Portfolio Analyst · Market Strategist · Fundamental Research Associate Industries Hiring Research Analysts · Stock Broking Firms · Mutual Fund Houses (AMCs) · Portfolio Management Services (PMS) · Investment Advisory Firms · Banks & Private Equity Firms Salary Range:
Beginners: ₹3.5 – ₹6 LPA
Experienced Analysts: ₹7 – ₹18 LPA+

Preparation Tips to Clear the Exam · Study 2–3 hours daily for 10–20 days · Focus deeply on valuation & financial statement analysis · Attempt minimum 8–12 mock tests · Revise mistakes before the final exam day CrackCertify mock tests help you:
✅ Improve speed
✅ Increase accuracy
✅ Build exam confidence

FAQs Q1: Is this certification mandatory?
Yes, for professionals providing research recommendations under SEBI regulations. Q2: Can I retake the exam if I fail?
Yes. You can reattempt by paying the fee again. Q3: Is the exam tough?
Not if you study smartly and practice mock tests regularly. Q4: Can beginners prepare without finance background?
Yes. CrackCertify materials simplify concepts from zero level.

Conclusion + CTA The NISM Series XV: Research Analyst Certification is a strong stepping-stone toward a professional and rewarding career in financial research and advisory. 🌟 Start your preparation today with CrackCertify.
Get access to: · Full syllabus coverage · Real-exam mock tests · Performance improvement analytics 👉 Visit Now: https://CrackCertify.in
Boost Your Confidence. Clear the Exam. Build Your Career.

NISM Series XV: Research Analyst Certification Exam Guide 2025

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