Merchant Banking NISM Series IX Certificate Course

A merchant banker with their skills, updated information and knowledge provide this service to the corporate units and advice them on such requirement to be complied with for raising funds from the capital market under different enactment viz. companies act, income tax act, foreign exchange regulation act, securities contracts corporate laws and regulations. The merchant banker mainly deals with issue management , post issue services and corporate training services etc. The statutory recognition to undertake capital market related activities are undertaken by merchant banker for corporate sector. Thus this module will help to gather knowledge about the regulations covered under different Acts such as SEBI Act 1992 , SEBI ( Merchant Bankers ) Regulations ,1992 and SEBI ( Issue of Capital and Disclosure Requirement) Regulations, 2009.

 

This module will help the students to appear for SEBI certification for NISM Series IX examination and will also be offered NIFM certification.

This module is prepared by MsShrutee Sharma, Sr Faculty of NIFM Educational Institutions Pvt Ltd. She is MBA (finance) with 6 years of equity market experience with  brokers such as MotilalOswal securities, Kotak securities and Citi. 

Who Should Join This Course?

This course is ideal for anyone aiming to build a career in finance, banking, capital markets, or investment advisory. It is especially beneficial for:

• Brokers & Sub-Brokers

• Bankers & Finance Professionals

• Students seeking jobs in Banking & Financial Institutions

• Professionals preparing for SEBI-mandated certifications

• Individuals planning to work in merchant banking & investment banking

• Faculty and trainers in the financial markets domain

Chapter-Wise Course Outline 

Chapter 1: Introduction to the Capital Market (2 Videos)

Understand the basics of the Indian capital market, including its structure, instruments, and regulatory framework. Learn how companies raise funds and the role merchant bankers play in facilitating these activities.

Chapter 2: Introduction to Merchant Banking (5 Videos)

Dive into the concept of merchant banking – its origin, scope, and functions. Explore how merchant bankers assist companies in fundraising, corporate restructuring, and advisory services.

Chapter 3: Registration, Code of Conduct & General Obligations of Merchant Bankers (2 Videos)

Learn about SEBI’s regulatory framework for merchant bankers, including registration requirements, eligibility, code of conduct, and compliance obligations.

Chapter 4: Issue Management I (1 Video)

Get introduced to issue management, covering public offerings, rights issues, and private placements. Understand the role of merchant bankers in coordinating with issuers and regulators.

Chapter 5: Issue Management Process and Underwriting (2 Videos)

Detailed study of the end-to-end issue management process including pricing, marketing, allotment, and underwriting responsibilities of merchant bankers.

Chapter 6: Issue Management – General Obligations & Due Diligence (4 Videos)

Learn about the due diligence responsibilities of merchant bankers to ensure accurate disclosures, compliance, and investor protection during capital raising.

Chapter 7: Other Merchant Banking Activities – Mergers, Acquisitions & Takeovers (3 Videos)

Explore how merchant bankers facilitate M&A transactions, due diligence, valuation, and regulatory compliance for corporate takeovers.

Chapter 8: Other Merchant Banking Activities – Disinvestment & Buyback of Equity

Understand the role of merchant bankers in government disinvestment programs and company share buybacks, along with compliance under SEBI regulations

Benefits of Taking This Course

•  Fulfil SEBI’s requirement for NISM Merchant Banking Certification
•  Gain dual certification (NIFM + NISM prep)
•  Acquire practical insights into capital markets and advisory functions
•  Boost employability in banks, financial institutions, and brokerage firms
•  Be fully prepared for the NISM Series IX exam with mock tests

Frequently Asked Questions (FAQs)

Q: What is the SEBI NISM Series IX Merchant Banking Certification course?

A: The SEBI NISM Series IX Merchant Banking Certification course is an official regulatory training curriculum designed to establish a standardized minimum knowledge benchmark for professionals working within SEBI-registered merchant banking institutions. The training content builds core professional expertise across critical primary market operations, including public issue management, corporate mergers, open offers, buybacks, and the legal compliance frameworks governing equity issuance in India.

Q: How to prepare for the SEBI NISM Series IX Merchant Banking Certification course?

A: To prepare for the SEBI NISM Series IX Merchant Banking Certification course, candidates should adopt a structured study timeline focusing heavily on understanding corporate issue rules and regulatory mandates. A successful preparation path involves breaking down complex rules surrounding book building processes, promoter lock-in requirements, and underwriting agreements, combined with extensive practice using timed, exam-aligned mock tests to comfortably master the precise percentages and legal timelines under testing pressure.

Q: What does this SEBI NISM Series IX Merchant Banking Certification course cover?

A: This SEBI NISM Series IX Merchant Banking Certification course covers eight comprehensive modules mapped across the administrative lifecycle of investment banking and capital raising. The official syllabus explicitly details the operational traits of the Indian capital market, registration steps for intermediaries, code of conduct rules, initial public offering (IPO) management, due diligence certificate protocols, SEBI takeover regulations, corporate disinvestment processes, share buybacks, and exchange delisting guidelines.

Q: If I am a beginner can I do this SEBI NISM Series IX Merchant Banking Certification course?

A: Yes, if you are a beginner you can absolutely do this SEBI NISM Series IX Merchant Banking Certification course as the introductory chapters systematically explain the basic structures of Indian securities from scratch. However, because the advanced sections transition quickly into legalistic language, statutory regulations, and precise investor allocation mathematics—such as calculating Qualified Institutional Buyer (QIB) or Anchor Investor limits—beginners are encouraged to dedicate extra revision time to mastering institutional terminology.

Q: How to pass the SEBI NISM Series IX Merchant Banking Certification course?

A: To pass the SEBI NISM Series IX Merchant Banking Certification course, candidates must secure a minimum score of 60% on the official 100-mark computer-based examination while carefully mitigating the 25% negative marking penalty. The most effective strategy to clear the test is to ensure absolute accuracy on heavily weighted conceptual modules—such as issue processes, due diligence parameters, and registration obligations—while avoiding any speculative blind guessing on intricate regulatory penalty questions to protect your net score.

What you will get?

Pre-recorded chapter vise videos - Yes (approx 4 hours)

Language:  ENGLISH

Book:  Yes (Ebooks in pdf format in English)

Mock test:  Yes (online mock test with approx 500 question answers) 

Certification: Dual certification (Certification from NIFM and preparation for SEBI NISM exam)

 

SEBI NISM Exam Assesment Structure:

Duration: 120 minutes

No. of questions: 100

Total Marks: 100

Marks per question: 1

Passing score: 60%

Negative Marking: Yes (25%)

Certificate validity: 3 years

 

Faculty: Mrs. Shrutee Sharma

Merchant banking certificate course is designed for individuals and professionals want to enter in banking and finance sector ( BFSI ) this course will make you understand the various asset classes available for constructing portfolio and various ratios which one can use for analyzing the risk return relationship in the portfolio. Students will get online certification for merchant banking from NIFM Institute and prepare themselves for SEBI NISM Series IX certification examination.

 

Contents:

Who will benefit from the course

Brokers & sub-brokers

Bankers

Students seeking jobs in banks

Those seeking career in financial institutions

Working Professionals

Those want to be a faculty in financial market