Myths about NISM Portfolio Management Services (PMS) Exams

Myths about NISM PMS Exams

<

Sunita Rao,

CFA, Arbitrator, Fellowship in Life Insurance

Today, I would like to address some of the Myths that are floating around the market. Many say that NISM PMS exam is very tough and even people in very big positions are unbale to crack the exam and many more. Do keep reading to get an idea of what the Reality is.

The Cave you fear to enter, holds the Treasure you seek.

Myths about NISM PMS Exams

NISM PMS Exam is Very Difficult:

One of the most common myths surrounding the NISMPMS Exam is that it is very difficult to crack. it is true that the exam covers a wide range of topics related to portfolio management, where the coverage of topics are more with the relatively less depth .

NISM PMS Exam Has Low Passing Rate:

Another myth is that the passing rate for the NISM PMS exam is very low. The reasons for failure I infer is due to approach of students going for the mock questions directly without the conceptual understanding . However, the passing rate for the exam is around 60-70%, which is quite reasonable considering time constraints for the professionals.

NISM PMS Exam is Only for Experienced Professionals:

Many people believe that the NISMPMS Exam is only for experienced professionals. However, the exam is designed for even “Fresh Individuals “ who want to work in the portfolio management industry, regardless of their experience level.

NISM PMS Exam Questions are Tricky:

Some candidates believe that the NISM PMS exam questions are designed to be tricky, making it difficult for them to pass. However, the questions are designed to test the candidate's understanding of the subject matter.

NISM PMS Exam Preparation Takes a Long Time:

It is another common myth that the preparation for the NISM PMS exam takes a long time. However, with proper study materials and guidance, candidates can prepare for the exam in a Least possible time with optimal efforts .

Just in few final words, when it is studied with the intent of gaining knowledge rather than the drudgery of a mandatory program shifts the mind frame from “ To be done” to “ To Do’ . This shift brings in lot of ease while going for the exam. NISM PMS Exam is a challenging exam, but It is essential to dispel these myths to have a right mindset and achieve success.

Happy learnings!!

Originally published March 5, 2023

[email protected]