NISM AcademyNISM Series XV-B Research Analyst (Renewal): exam pattern, syllabus and how to register
The shorter renewal exam for research analysts who already hold Series XV. NISM Series XV-B lets certified research analysts renew without re-sitting the full Series XV exam. It is open only to holders of a valid Series XV certificate and comes with about 3 hours of pre-recorded training material.
NISM Series XV-B exam pattern at a glance
- Questions
- 50
- Duration
- 60 minutes
- Total marks
- 50
- Passing score
- 50% (25/50)
- Negative marking
- None
- Exam fee
- ₹2,500 + GST & charges
- Certificate valid
- 3 years
50 multiple-choice questions, 1 mark each, after about 3 hours of recorded training. Fees and pattern are set by NISM and can change, so confirm on the official NISM Series XV-B page before you book.
Who should take NISM Series XV-B?
Research analysts and associated persons whose Series XV certificate is valid and due for renewal.
Why you need it: Renews your research analyst certification for another 3 years.
NISM Series XV-B syllabus: 6 chapters
- Regulatory updates for RAs
- Research process & disclosures
- Conflicts of interest
- Code of conduct
- Client dealing & grievances
- Recent market changes
How to prepare for NISM Series XV-B
Go through the recorded training carefully and note any rule changes since you took Series XV. No negative marking and a 50% pass mark.
NISM Series XV-B mock tests are coming soon
We are building exam practice one series at a time and start with the most requested. Tell us you want NISM Series XV-B: it takes one tap and needs no sign-up.
Request NISM Series XV-BNISM Series XV-B FAQs
What is NISM Series XV-B?
NISM Series XV-B is the Research Analyst (Renewal) Certification Examination conducted by the National Institute of Securities Markets. Renews your research analyst certification for another 3 years.
How many questions are in NISM Series XV-B?
The exam has 50 multiple-choice questions, 1 mark each, after about 3 hours of recorded training, for a total of 50 marks. You get 60 minutes.
What is the passing score for NISM Series XV-B?
You need 50%, which is 25 out of 50 marks.
Is there negative marking in NISM Series XV-B?
No. There is no negative marking, so attempt every question.
How should I prepare for NISM Series XV-B?
Go through the recorded training carefully and note any rule changes since you took Series XV. No negative marking and a 50% pass mark.
How do I register for NISM Series XV-B?
Create an account on NISM’s certification portal, choose the exam, pick a test centre or remote-proctored slot, and pay the fee online. NISM Academy can’t register you; we link you to the official portal.
How long is the NISM Series XV-B certificate valid?
Three years from the date you pass.