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Proficiency Certificate


Certifications of proficiency are being introduced wherein certificates will be awarded to candidates depending upon the NCFM modules successfully cleared by them. The certificate awarded to the candidates will be named as “Proficiency Certificate” which will require qualifying various NCFM modules.

The qualifying criteria for the various certifications are as given below:

A) NSE Academy's Certified Derivatives Pro (NCDP)

On passing NCFM Equity Derivatives: A Beginners' Module + Derivatives Market (Dealers) Module + Options Trading Strategies Module.

B) NSE Academy's Certified Derivatives Champion (NCDC)

On passing NCFM Equity Derivatives: A Beginners' Module + Derivatives Market (Dealers) Module + Options Trading Strategies Module + Option Trading (Advanced) Module.

C) NSE Academy's Certified Investment Analyst Pro (NCIAP)

On passing NCFM Investment Analysis and Portfolio Management Module + Technical Analysis Module + Fundamental Analysis Module.

D) NSE Academy's Certified Investment Analyst Champion (NCIAC)

On passing NCFM Investment Analysis and Portfolio Management Module + Technical Analysis Module + Fundamental Analysis Module + Wealth Management Module.

Candidates are requested to kindly take note of the following:

  • Only valid NCFM certificates (i.e. certificates not yet time-barred) will be taken into account for Proficiency Certification. However, the Proficiency Certificate itself would have no validity restriction.
  • The Proficiency Certificates will be Generated on a monthly basis and will be dispatched by the first week of the subsequent month (for e.g. the Proficiency Certificates for the month of May will be dispatched by the first week of June.)
  • The Proficiency Certificate will be issued to the candidates only after completing the combination of modules given above.
  • Only successful attempts for distinct modules will be considered i.e. in case a candidate has appeared twice for the same module, then only one attempt of that particular module will be considered for the Proficiency Certificates.
Updated on: 09/10/2024