Significance of NCFM Certification
NCFM test is conducted to evaluate the practical knowledge and skills of the candidates who are anticipating their career in financial markets. The test is attempted online on computer and the certificates are awarded on merit basis. NCFM is a nationally recognized certification programme which is prerequisite to qualify by the professionals in capital markets. Moreover, individuals having NCFM certifications have better chances to enter in the industry of financial services. At present times, getting a job that pays a handsome salary is the intense desire of every growing person because expenses are continuously increasing and we cannot escape ourselves from the expenses which are necessary to be incurred to live a standard life. NCFM certification gives you assurance that you will get a reputed job or you can start your own business in which you can maximize your profits up to your capability.
Who all prepare for NCFM Exams?
NCFM exams are given by the candidates who want to get jobs in stock broking companies. To become a stock broker an individual has to appear in the NCFM capital market (dealer) module. This certification will add a benefic point in your resume while applying jobs in BPO/IT and financial sector. The preparatory material for this exam will also give you a healthy knowledge about Indian Stock Markets.
Secondly, those aspirants who are seeking their career in financial markets give NCFM exam. To prepare for financial market specialization, these aspirants have to qualify the NCFM financial Markets Beginners Module. This program will make them learned about the fundamentals of Indian Stock Market.
Thirdly, candidates who wish to connect with capital markets in their derivatives trading department prepare for NCFM exams. The NCFM derivatives market (dealers) module is based on imparting the knowledge about this concept and with your preparation you will gain profound knowledge of the working of derivatives section in Indian Stock Markets.
Minimum Passing Marks Requirement
To crack NCFM capital market (dealers) module one has to obtain minimum 50% marks by answering 60 questions within 105 minutes. Marks will be deducted for any wrong answers you give. A same criterion goes with NCFM financial markets beginners’ module.
However, to qualify NCFM Derivatives Market (Dealers) Module candidate has to obtain 60% marks by answering 60 questions within 2 hours. The total paper is of 100 marks and there will be negative marking for wrong answers candidates will give.
Where to get practice material?
Practice material plays a major role while preparing for NCFM exams. Pass4sure offers a complete practice kit that contains all the study material you require to prepare for NCFM exams. The NCFM practice kit offered by this online practice question bank contains all the important questions having maximum probability to be asked in examination and the kit comes with NCFM mock test which will help you to evaluate your performance level before attempting actual exam. The NCFM mock test looks similar to real exam and it is designed by the expert team of pass4sure having experience of several years in financial and securities markets. These experts can assist for any queries you will come across during your preparation time.