Frequently asked questions (FAQs)
The frequently asked questions (FAQs) for the SEBI Investor Certification
Examination (SICE) typically cover various aspects of the exam, including eligibility
criteria, registration process, exam pattern, syllabus, validity period of certification,
passing marks, and other relevant details. Here's a list of FAQs for the SEBI Investor
Certification Examination:
1. What is the SEBI Investor Certification Examination?
Securities and Exchange Board of India (SEBI) in association with National Institute
of Securities Markets (NISM) has introduced this examination with an aim of
fostering Financial Literacy and Investor awareness among the Investment public.
This initiative seeks to empower individuals with essential knowledge about basic
concepts of savings and Investment. By equipping potential investors with the
necessary skills and insights, the regulator aims to enhance financial literacy and
promote informed decision-making.
This exam aims to empower prospective investors, enabling them to make informed
choices and navigate the complexities of financial markets effectively.
2. Who can take the SEBI Investor Certification Examination (SICE)?
Anyone who is keen on learning about the Indian Financial Markets may take the
exam. There is no eligibility requirement with regards to age as well as educational
qualification to take the SICE exam.
3. How can I register for the SEBI Investor Certification Examination?
To register for SEBI Investor Certification Examination, candidate needs to fill in
the Online Registration Form available on the NISM Online Certification System at
https://certifications.nism.ac.in
4. How to enrol for the SEBI Investor Certification Examinations?
Once your registration is approved, you can enrol for the exam on the NISM Online
Certification System. Here, please select the city as “Online” and select your
preferred date and time of exam. Once the enrolment form is filled and submitted,
your admit card will be generated mentioning your exam details. Once enrolled,
candidates can appear for the exam within 6 months from the date of exam.
5. What is the exam pattern and duration?
The examination consists of a total of 50 questions to be completed within a
duration of 60 minutes.
6. What is the Fees structure of the SICE?
The exam is free of cost.
7. How can I prepare for the exam?
Study material can be download from the NISM website
https://api.nism.ac.in/cmp/. Alternatively, the enrolled candidates can also
download the study material from their certification portal. Apart from the above
study material, Candidates shall go through the content available on the SEBI
Investor Website (https://investor.sebi.gov.in/iematerial.html)
8. How can I get Exam Credentials?
Candidates will receive the login credentials 1 day before the exam date.
9. Can I reschedule or cancel my exam enrolment?
Once Enrolled, candidates can appear for the exam within 6 months from the date
of exam. Therefore, there is no need to reschedule this exam’s enrolment.
10. When, how and where I can appear for SEBI Investor Certification Examination?
You have the flexibility to take the exam at your convenience, anytime and
anywhere (within 6-months of your exam date mentioned on your admit card).
Whether you prefer your desktop, laptop, or Android mobile device, there are no
restrictions on the device you choose to use.
11. What is the validity period of the certificate?
The validity of the certificate is 2 years.
12. What is the passing marks for the SEBI Investor Certification Examination?
In order to pass the exam, candidates need to achieve a minimum of 50% (i.e.,
candidate shall score a minimum of 25 marks out of the total marks of 50.
13. When and how will I receive my certificate after passing the exam?
Following the examination, candidates can anticipate receiving a digital copy of their
certificate via email at their registered email address within 2-3 working days.
14. Can I retake the exam if I fail?
Unsuccessful candidates can appear for this exam after six months period. You are
advised to prepare once again using the study materials provided for this exam and
re-enrol after six months.
15. Is there any negative marking in the exam?
There is no negative marking in this exam.
16. What is the procedure to renew the certificate after 2 years when the certificate
expires?
The certificate shall be renewed by appearing for and passing the exam once again,
at the end of the certificate validity period.
17. What are the potential consequences when a candidate opens the exam link
and closes it but fails to appear for the exam?
In the event that a candidate opens the exam link and views at least one question
before closing it, the system typically registers this action as the candidate having
"appeared" for the exam. However, he can appear for the exam by resetting the
exam date through the back Office.
