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Updated for the latest NISM curriculum (June 2025). SEBI & NISM changes are added to every course as they happen. Explore courses →
SEBI Registered Research Analyst · INH000013800

Clear your NISM exam in the first attempt.

Exam-focused video lectures, hundreds of practice MCQs and daily doubt-solving with Prof. Sheetal Kunder, ex-BSE Institute faculty with 20 years of experience in accounting & finance.

Not sure which exam is right for you? Ask us on WhatsApp

  • Daily live doubts5 to 6 PM, Mon to Sat
  • Mock testsHundreds of exam-style MCQs
  • Corporate trainerSBI, Kotak, IDBI & more
Free webinar with Fydaa: Moving from NISM XA & XB certification to industry readiness - 31 Oct 2026, 11 AM to 12 PM, live on Google Meet. Register for free.
NISM Series V-D Mutual Funds & SIF course
Pre-order the NISM V-D complete study pack
Fydaa Investment Advisor & Research Analyst programme - start with a free masterclass
NISM XV corporate training
SIF training for mutual fund distributors
Mutual funds corporate training

Webinars, new courses & study packs. Tap a banner to know more.

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Courses

Which exam are you preparing for?

Pick your NISM exam below. Every course shows its access period and final price upfront, so there are no surprises at checkout.

NISM Series V-D Mutual Funds and SIF course
NISM V-D New

Mutual Funds & SIF Distributors

For distributors of Specialized Investment Funds. 25+ hours of lectures, 800+ likely exam questions & 733+ one-liners.

₹2,500 ₹4,500 Save ₹2,000

Access: 60 days · Prof. Sheetal Kunder

Enroll now
NISM Series V-A Mutual Fund Distributor course
NISM V-A 20% off via quiz

Mutual Fund Distributors

The exam you need to start your career as a mutual fund distributor.

₹1,001 ₹2,000 Save ₹999

Access: 120 days · Prof. Sheetal Kunder

Enroll now
NISM Series XXI-A PMS Distributors course
NISM XXI-A 20% off via quiz

Portfolio Management Services (PMS) Distributors

For professionals who distribute PMS products to clients.

₹1,800 ₹5,000 Save ₹3,200

Access: 180 days · Prof. Sheetal Kunder

Enroll now
NISM Research Analyst mock test
NISM XV Mock tests only

Research Analyst Mock Test

Already studied? Test yourself with exam-style questions before you book your slot.

₹799 ₹1,000 Save ₹201

Access: 60 days · Prof. Sheetal Kunder

Enroll now
NISM Series VIII Equity Derivatives course
NISM VIII

Equity Derivatives

For anyone working with futures & options in the equity derivatives segment.

₹600 ₹800 Save ₹200

Access: 90 days · Prof. Sheetal Kunder

Enroll now
NISM Series XII Securities Markets Foundation course
NISM XII Beginner friendly

Securities Markets Foundation

A great first NISM exam that covers the basics of how India’s securities markets work.

₹699 ₹1,000 Save ₹301

Access: 120 days · Prof. Sheetal Kunder

Enroll now
Fydaa Investment Advisor and Research Analyst programme
Free With Fydaa

Financial Planning Masterclass

A free 1-hour masterclass and the first step of the Fydaa Investment Advisor & Research Analyst programme.

Free
Enroll for free
Exclusive discount

Score 70%+ on our quiz, get 20% off.

  • NISM Series XV: Research Analyst (120 days)
  • NISM Series XXI-A: PMS Distributors (6 months)
  • NISM Series V-A: Mutual Fund Distributors
  1. Enter your contact number and start the quiz
  2. Answer the multiple-choice questions
  3. Score 70%+ and share it with our Student Coordinator on WhatsApp for your code
🏆 Discount quiz

Ready to test yourself?

Multiple-choice questions on NISM & market basics.

Score 70%+ and connect with our Student Coordinator on WhatsApp for your code.

Why PSKA

Everything you need to pass, in one place

Structured lessons, plenty of practice and a real person to ask when you’re stuck.

Recorded lectures + daily live doubt sessions

Chapter-wise video lectures you can watch anytime, plus direct access to Prof. Sheetal Kunder every day from 5 to 6 PM (except Sundays).

100% exam-oriented curriculum

Built around the latest NISM updates and the questions that actually appear, so you can clear it in your first attempt.

Massive mock-test practice

Hundreds of MCQs designed to get you scoring above 90% in practice, so you book your exam slot with full confidence.

NISM professionals community

Network with NISM professionals, SEBI-registered members and finance executives for any exam or career question.

Learn alongside PSKA alumni

Stuck on something? Discuss it with alumni who are CAs, finance executives, SEBI-registered members and consulting firm owners.

Taught by a SEBI Registered Research Analyst

Learn from someone who works in the industry you’re preparing for, a real advantage for any finance career.

How it works

  1. Choose your examPick the NISM course and access period that suits your exam date.
  2. Learn chapter by chapterWatch the lectures and use the notes and one-liners to revise.
  3. Practise & clear doubtsTake mock tests and join the daily 5 to 6 PM doubt session whenever you’re stuck.
  4. Book your exam with confidenceOnce you’re consistently scoring 90%+ in mocks, book your NISM exam slot.
Prof. Sheetal Kunder
SEBI Registered RAReg. No. INH000013800
20 years in accounting
& finance
Your mentor

Meet Prof. Sheetal Kunder

Program Director, Prof. Sheetal Kunder Academy

  • M.Com
  • M.Phil
  • B.Ed
  • PGDFM
  • Multiple NISM certifications
  • SEBI Registered Research Analyst (Reg. No. INH000013800)
  • Ex-BSE Institute faculty with 20 years of experience in accounting & finance
  • Teaching Diploma in Accounting & Finance from Cambridge International Examinations, UK
  • Runs Faculty & Management Development Programmes across India on emerging trends in the Indian capital market, and has counselled hundreds of students on finance careers
Student results

Real students. First-attempt results.

Scores our students shared after clearing their NISM exams with PSKA.

  • 4.9★Google rating
  • 82.5%Ashok K.
  • 75%Santanu S.
  • 70%Mandar B.
  • 64%Ripeeka D.
  • 63.5%Gopinath N.
AK
Ashok Kathpalia Research Analyst (XV)
82.5%
Today, I successfully cleared the Research Analyst exam with 82.5% marks. Thanx for your excellent material and support. I would like to place it on record that your material and personal interaction made this possible.
SS
Santanu Saha Research Analyst (XV)
75% · 1st attempt
I got 75% in my 1st attempt of research analysts exam. In this journey I have learnt lots of things from her, and most importantly she is an enthusiastic teacher. Whenever I required any assistance she attended personally.
MB
Mandar Bhojane NISM student
70%
Her comprehensive notes, mock tests, one-liner sessions, and doubt-solving sessions were all immensely helpful during my exam preparation. Thanks to her guidance and support, I was able to clear my exam with an impressive score of 70%.
KD
Karan Singh Dixit NISM student
Passed in 20 days
Whoever is planning for the NISM exam and doesn’t have time to read 200-page books should go through the course. It provides all the points and covers all topics. In 20 days I passed the exam.
RD
Ripeeka Devender NISM student
64%
Well deserved course. Got to give more than a 5 star rating. Finally I cleared the exam with 64%. I thank Sheetal madam for such a wonderful course and for clearing all my doubts whenever I had one.
GN
Gopinath Natarajan Research Analyst (XV)
63.5% · 1st attempt
Very excellent course materials to pass the NISM XV Research Analyst exam. This is my 1st attempt and I got 63.5%. Very good teaching style, useful mock test practice, one-liners and mix bag. I understood ratios and balance sheet analysis very well.
US
Umesh Sharma Research Analyst (XV)
1st attempt
I have taken the classes of Research Analyst series 15. I passed in the first attempt. Thanks Sheetal mam for a wonderful course.
PV
Piyush Virmani NISM student
Due to this course, I was able to score good marks within a short period of time. A good one for those who want to clear the concepts as well as practise examples.
MP
Mansi Patole Mutual Funds
Amazing knowledge and a hand-holding approach towards students. Thanks to mam I not only cleared my exam but also improved my knowledge of mutual funds. The study material was very useful while attempting the exam.
KR
Krishnakant Rathi Research Analyst (XV)
One of the best platforms for NISM XV. You are one of the few teachers that inspire students like me to always strive to be better at everything. I remain ever grateful for being your student, mam.
RJ
Rajkumar Jonwal Research Analyst (XV)
Her dedication to her students, extensive knowledge, and personalized approach were instrumental in helping me grasp complex concepts. With her encouragement, I gained the confidence and skills needed to clear the path to becoming a research analyst.
S
Sarath NISM student
Very supportive and kind-hearted person who can help at any time if we have any struggles in learning. Thank you for helping me to clear the exam.

More from our students →

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Free lessons

Start learning free on YouTube

Watch a few lessons to see how Prof. Kunder teaches before you enrol.

For organisations

Need NISM training for your team?

Online and in-person NISM certification training for banks, brokers and distributor teams, like our online NISM XV training for 100+ participants at YES Securities.

Explore corporate training
FAQs

Questions students ask us

Are the courses updated for the latest NISM syllabus?

Yes. All PSKA programmes are updated to the latest NISM curriculum (June 2025), and we add SEBI and NISM updates as soon as they are announced.

When can I ask Prof. Sheetal Kunder my doubts?

Every day from 5 to 6 PM (except Sundays) in the live doubt-solving session. You can also chat with Prof. Sheetal Kunder on the website.

How long will I have access to a course?

Each course card shows its access period, from 15 days to 180 days. For NISM XV and V-D you can pick the access period that matches your exam date.

How do I get the 20% discount?

Take the discount quiz. If you score 70% or more, share your score with our Student Coordinator on WhatsApp to get your code. It applies to NISM XV (120 days), XXI-A (6 months) and V-A.

Is the SEBI Investor Certification really free?

Yes. Our SICE prep course is free, and the certification itself is taken on SEBI’s portal.

Do you train corporate teams?

Yes. We have conducted trainings for leading banks, brokers and financial firms. See corporate training or message us on WhatsApp.

Is any of this investment advice?

No. Content on PSKA’s website and YouTube channel is for financial literacy about NISM, taxation, funding and SEBI updates only, not stock recommendations or investment advice.

See all student FAQs

Still deciding? Talk to us.

Tell us your exam and your exam date and we’ll suggest the right course and access period for you.

Find us on Google to read our reviews and follow for new programmes, offers & announcements.

Disclaimer: Content published on Prof. Sheetal Kunder Academy’s website/YouTube channel is NOT for any stock recommendation or any financial/investment advice. The sole purpose of the content published on this channel is to spread financial literacy about NISM, taxation, funding, and SEBI updates.