NCFM is an online testing and certification programme. It tests the practical knowledge and skills required to operate in the financial markets.

Tests are conducted in a secure and unbiased manner and certificates awarded based on merit of the candidate to qualify the on-line test.
The entire process of testing, assessing and scores reporting in the NCFM is fully automated.
The system is operated through an intranet facility by using a central World Wide Web server with terminals located at each of the designated test centres to be used as an examination front end
NCFM Modules:

FOUNDATION MODULES
Algorithmic Trading Module
Financial Markets: A Beginner's Module
Mutual Funds: A Beginner's Module
Currency Derivatives: A Beginner's Module
Equity Derivatives: A Beginner's Module
Interest Rate Derivatives: A Beginner's Module
Commercial Banking in India : A Beginner's Module
FIMMDA-NSE Debt Market (Basic) Module
Securities Market (Basic) Module
Clearing Settlement and Risk Management Module
Banking Fundamentals - International
Capital Markets Fundamentals - International

INTERMEDIATE MODULES
Capital Market (Dealers) Module (CMDM)
Derivatives Market (Dealers) Module (DMDM)
Investment Analysis and Portfolio Management
Fundamental Analysis Module
Options Trading Strategies Module
Operations Risk Management Module
Banking Sector Module
Treasury Management Module
Insurance Module
Macroeconomics for Financial Markets Module
NSDL-Depository Operations Module
Commodities Market Module
Surveillance in Stock Exchanges Module
Corporate Governance Module
Compliance Officers (Brokers) Module
Compliance Officers (Corporates) Module
Information Security Auditors Module (Part-1) & Information Security Auditors Module (Part-2)
Technical Analysis Module
Mergers and Acquisitions Module
Back Office Operations Module
Wealth Management Module
Project Finance Module
Venture Capital and Private Equity Module
Financial Services Foundation
NSE Certified Quality Analyst Module
US Securities Operations Module

ADVANCED MODULES
Financial Markets (Advanced) Module
Securities Market (Advanced) Module
Derivatives (Advanced) Module
Mutual Funds (Advanced) Module
Options Trading (Advanced) Module
Modules of Financial Planning Standards Board India (Certified Financial Planner Certification)
Equity Research Module
Issue Management Module
Market Risk Module
Financial Modeling Course
Certified Credit Research Analyst (CCRATM)
Business Analytics Module