BSE's Certification on Securities Markets
(BCSM)- English


BSE's Certification on Securities Markets (BCSM) - English

The passing of this examination entitles the candidate to receive BSE Certification on Securities Markets (BCSM).

BSE Institute Ltd. conducts a test of 100 marks consisting of 60 questions. The questions are of objective type having multiple choice. A quarter mark is deducted for each wrong answer.

BCSM is awarded to only those candidates who obtain a minimum of 50% marks. There is no minimum eligibility criterion for taking the test.

Click here to view the list of test centres

To ensure that the participants in stock market have adequate knowledge of the Stock Exchange operations.

Secondary Market, Trading Clearing and Settlement, Rolling Settlement, BOLT, Mutual Funds, Tax Provisions, Dematerialisation of Shares, Surveillance, Sensex and Other Indices, Futures and Options, Inspection of Brokers' Books, Ethics and Code of Conduct of Brokers/Sub-brokers, Primary Market, Book Building & IPOs, Listing, Investors' Grievances Redressal System available with BSE, SEBI & CLB, Debt Market and Internet Trading.

Stock Brokers, Sub-brokers, Mutual Funds, DPs and Investors.

90 minutes

6 years

Rs.1000.00 + Applicable Taxes and Study Material in soft copy

BSE Institute Ltd (BIL), is a wholly owned subsidiary of BSE Ltd, and a niche player in providing specialized educational programs, training and certification in Capital Markets. As part of its Go Green Initiative, BIL shall be taking various initiatives to discourage the Carbon Emission. As a first step, all participants of BSE Certification on Financial Market (BCFM) Exam given below; those who had enrolled will be able to access the respective Study Material.

Candidates interested in taking the test at any of the centres i.e Mumbai, Ahmedabad, Bangalore, Chennai, Cochin, Delhi and Kolkata can make online payment of Rs. 1,150/- through BSE payment gateway by using Credit Card / Debit Card. Candidate can also approach the respective centres with a DD of Rs.1,150/- drawn in favour of “BSE Institute Ltd.” payable at the respective Centre.

Fees once paid will not be refunded, validity period for the Fees would be 180 days from the date of the payment.


Phone: 022 – 2272 8856 / 6535 5888

Certification Examination (Outside Mumbai) for 25 or more candidates:

For conducting Certification Examination for 25 or more candidates, contact:
Call: 022 – 2272 8062