NISM Series-X-B: Investment Adviser (Level 2) Certification 

 Mode of Delivery: Online Live Interactive + Online Self-paced*

Duration: 36 Hours 

Study Materials: 

• Recording available of online live sessions (for 90 days)
• PPTs (600+ Slides)
• 900+ MCQs & 30+ Case Studies with Solution
• Quick revision summary.
• Career Guidance/Counseling

The NISM Series-X-B: Investment Adviser (Level 2) Certification Examination establishes a standardized knowledge benchmark for individual investment advisers, principal officers of non-individual investment advisers, and associated persons providing investment advice.

It complements the NISM Series-X-A: Investment Adviser (Level 1) Certification Examination, creating a comprehensive certification pathway to fulfill the regulatory requirements of SEBI (Investment Advisers) Regulations, 2013.

Upon successful completion of the training, candidates will:

·  Understand Risk Management and Insurance Planning:
Learn the essentials of insurance planning, including life and non-life insurance products, their features, and the role of insurance in personal finance.

·  Grasp Retirement Planning:
Develop expertise in retirement planning, estimating retirement corpus, evaluating retirement-related products, and understanding the advisor's role in managing retirement goals.

·  Comprehend Taxation Aspects:
Gain insights into taxation across financial products, including equity, debt, mutual funds, and alternative investments, along with special tax considerations.

·  Master Estate Planning:
Understand tools and techniques for estate planning, including wills, trusts, and family settlements, and learn the applicable legal frameworks.

·  Incorporate Behavioral Finance:
Explore behavioral finance principles, client biases, emotional aspects of investment, and their influence on financial decision-making.

·  Develop Comprehensive Financial Advice:
Learn risk profiling techniques, product evaluation across categories, and how to create tailored financial solutions through case-based studies.

Assessment Details:

• Total Question: 120 (90 multiple-choice questions and 6 case studies having 30 questions.)
• Total Marks: 150 (1 marks each for MCQs and 2 marks each for case-based questions).
• Duration: 3 Hours
• Passing Score: 60%
• Negative Marking: 25% of marks assigned per incorrect answer

·    Certificate Validity: 3 years

* Online Self-paced contents access will be provided for 90 days to the user only.

Test Objectives:

Upon passing the examination, candidates will:

·  Understand Risk Management and Insurance Planning:
Learn the essentials of insurance planning, including life and non-life insurance products, their features, and the role of insurance in personal finance.

· Grasp Retirement Planning:
Develop expertise in retirement planning, estimating retirement corpus, evaluating retirement-related products, and understanding the advisor's role in managing retirement goals.

·  Comprehend Taxation Aspects:
Gain insights into taxation across financial products, including equity, debt, mutual funds, and alternative investments, along with special tax considerations.

·  Master Estate Planning:
Understand tools and techniques for estate planning, including wills, trusts, and family settlements, and learn the applicable legal frameworks.

·  Incorporate Behavioral Finance:
Explore behavioral finance principles, client biases, emotional aspects of investment, and their influence on financial decision-making.

·  Develop Comprehensive Financial Advice:
Learn risk profiling techniques, product evaluation across categories, and how to create tailored financial solutions through case-based studies.

Course Details:

• Duration: 36 Hours
• NISM exam registration fees not included in the above mention Course Fee.
• PPTs (600+ Slides), 900+ MCQs, and 30+ Case Studies with Solution.
• Sessions would cover doubt solving from the Mock Exams.
• Online Interactive Session for the practice on software’s required in particular module

Eligibility:

The NISM Series-X-B: Investment Adviser (Level 2) Certification Examinationis suitable for:

• Associated Persons:
  • Individual investment advisers, principal officers, and professionals involved in investment advice under SEBI’s regulations.
• Interested Individuals:
  • Students (10th, 10+2, Undergraduates, Postgraduates) aspiring for careers in investment advisory.
  • Financial advisors and wealth managers seeking to enhance their expertise.
  • Professionals and individuals aiming to understand financial markets and advance their investment advisory knowledge.

Curriculum Overview: NISM Series-X-B: Investment Adviser (Level 2) Certification

Module 7: Risk Management and Insurance Planning

Understand the basics of insurance, including life and non-life insurance products, fundamental principles, and their role in personal finance. Learn about insurance needs analysis, investing through insurance, global coverage considerations, and regulatory aspects related to insurance.

Module 8: Retirement Planning

Gain expertise in retirement planning by understanding financial goals, estimating retirement corpus, employee benefits, and retirement-related products. Learn to evaluate accumulation and distribution products, create retirement portfolios, and incorporate philanthropy into financial plans.

Module 9: Taxation

Master taxation concepts, including income, residential status, five heads of income, exempt incomes, deductions, capital gains, and income from other sources. Learn the taxation of debt and equity products, mutual funds, and other investment instruments. Explore advanced taxation cases like mergers, acquisitions, rights issues, and tax benefits under specific scenarios.

Module 10: Estate Planning

Understand estate planning fundamentals, including estate components, applicable laws, and tools like wills, trusts, family settlements, and powers of attorney. Learn about the probate process and mutation in the context of effective estate management.

Module 11: Behavioral Finance

Discover behavioral finance principles, the impact of biases on decision-making, and how behavioral strategies explain market anomalies, bubbles, and crashes. Learn the role of emotions, investor nudging, and the adviser’s role in managing client behavior.

Module 12: Comprehensive Investment Advice

Develop a thorough understanding of risk profiling techniques, criteria for evaluating investment products, and asset allocation strategies. Gain practical experience through case studies in comprehensive financial advice.