NISM Classes in Thane: Series VIII and XV Prep Near Thane Station

You work at a bank branch in Thane or commute from Dombivli to an office in Navi Mumbai, and your team lead has just asked everyone to clear a NISM exam this quarter. Travelling to South Mumbai for classes after work is not realistic. You need something close to the station you already pass through every day.

Upside runs NISM classes in Thane as part of our classroom NISM Exam Preparation Course, at our Thane (W) branch, 2 minutes from Thane railway station. The course covers Series VIII (Equity Derivatives) and Series XV (Research Analyst).

Here is what you need to know about the branch, the two series, and how to fit preparation into a busy week.

Getting to the Thane Branch

The branch is at 306, 3rd Floor, Cosmos Avenue Building, above Kumar Lifestyle, near Thane Station Road, Ambedkar Chowk, Jambli Naka, Thane (W) 400602. Thane station is served by the Central and Trans-Harbour lines.

Learners commonly come from:

Thane, Kalwa and Mulund
Airoli, Ghansoli and other parts of Navi Mumbai
Dombivli, Kalyan and Bhiwandi
Ghatkopar

See the Upside Thane branch page for more, or read what Thane students should know about stock market classes.

Series VIII or Series XV: Which Do You Need?

Most people arrive knowing they need “a NISM certificate” but not which one. This table is a starting point:

Question	Series VIII (Equity Derivatives)	Series XV (Research Analyst)
Typical goal	Work involving futures and options	Research and analysis roles
Who often takes it	Broking, dealing and bank staff handling derivatives	Aspiring research analysts and analysts at broking, advisory or PMS firms
What it builds	Derivatives concepts, strategies, trading and settlement	Analysis, valuation, report writing, regulation and ethics
Longer course option	Options & Futures, 1.5 months	Research Analysis Certification Course, 2 months

If your employer has named a series, follow that. If you are choosing for your career, our guide on which NISM certification to do first compares the options.

What Our NISM Classes in Thane Include

The NISM Exam Preparation Course typically runs 4–6 weeks in a classroom. It includes:

Study material for your chosen series
Mock tests in the pattern of the real exam
A negative-marking strategy, since wrong answers usually cost 25% of the marks
Personalised mentoring for the chapters you find hardest

The course fee is not published, so ask the team for the current fee. The NISM exam fee, typically ₹1,500–₹1,770 + GST, is paid separately.

Batch plans change through the year, so when you call, confirm which series and which evening or weekend batches are currently running at Thane. If the timing does not suit you, the same course is also available at our Dadar head branch.

Not sure which series you need? Book a free demo class or a free counselling session at the Thane branch and ask a mentor directly.

The Exam at a Glance

As stated on our course page, NISM exams generally follow this pattern:

Online, with about 100 multiple-choice questions.
120 minutes to complete.
Negative marking, generally 25%.
A passing score of 50–60%, depending on the series.
A certificate valid for 3 years.

Eligibility is generally 10+2, and a PAN is needed for most series. Always confirm current rules with NISM before you book your exam slot.

Fitting Preparation Around a Commute

Evening and weekend batches are designed for people who work. Still, class time alone is rarely enough, so plan your own revision too.

Your train ride is useful study time if you use it well. Read one short chapter section on the way in, and revise flashcards of definitions on the way back. Save numerical practice and timed mock tests for a desk, where you can concentrate.

Keep a simple log of mock scores after negative marking. When the log shows a steady margin above the pass mark, you are close to ready.

A rough weekly rhythm for a working learner might be:

Class days: attend, take notes and mark doubts to raise with the mentor.
Two weekday evenings: 30–45 minutes of revision on the week’s chapters.
One weekend slot: a timed mock test, followed by a review of every wrong answer.

Thinking Beyond One Certificate

A single NISM certificate is often enough for a specific job requirement. If you are planning a longer career in markets, a broader course may serve you better.

Remember that certificates are valid for 3 years, so the knowledge needs to stay current too. If you are wondering whether a certificate is needed for broking work at all, our FAQ on whether you need a NISM certificate to become a stock broker answers it.

The Advance Diploma in Stock Market runs 6 months and includes preparation for 3 NISM and 2 NCFM exams, along with placement support. The fee is ₹60,000 one-time or ₹70,000 in instalments. For a sense of where research roles lead, read our research analyst career path.

How to Enrol

Joining from Thane takes four steps:

Contact the Thane branch on +91 99874 98599 (call or WhatsApp), or use the enquiry form.
Attend a free counselling session to confirm your series and schedule.
Choose an evening or weekend batch.
Join and start preparing with study material and mock tests.

Bring a government photo ID (Aadhaar, PAN, passport or driving licence), one passport-size photo and proof of your highest qualification. You can also follow the steps on our admission process page.

Frequently Asked Questions

Where are the NISM classes in Thane held? At Upside’s Thane (W) branch: 306, 3rd Floor, Cosmos Avenue Building, Jambli Naka, about 2 minutes from Thane station.

Which NISM series can I prepare for in Thane? The NISM Exam Preparation Course covers Series VIII (Equity Derivatives) and Series XV (Research Analyst).

Are weekend batches available? Yes. The course runs evening and weekend batches. Confirm the next start date with the team.

What does the course cost? The fee is not published. Call +91 99874 98599 and ask the team for the current fee.

Do I need a commerce background? No. NISM eligibility is generally 10+2, and the course starts from the basics of each series.

Book Your Free Demo Class in Thane

Visit us at Cosmos Avenue, Jambli Naka, Thane (W). Call or WhatsApp +91 99874 98599, or call our main line on +91 99304 40999.

Book a free demo class, meet the faculty, and ask about the next Thane batch of the NISM Exam Preparation Course.

Disclaimer: This article is for education only and is not investment advice. Confirm current exam rules with NISM. Investments in securities are subject to market risks.