Many people ask the same question, will the distance or online education or diploma degree are valid for the SEBI registration or not?
First I will discuss the Qualification and certification requirement for the SEBI license:
- A professional qualification or post-graduate degree or post graduate diploma (minimum two years in duration for Investment Adviser) in finance, accountancy, business management, commerce, economics, capital
market, financial services or markets provided by:
(a) a university which is recognized by University Grants Commission or by
any other commission/council/board/body established under an Act of
Parliament in India for the purpose; or
(b) an institute/association affiliated with such university; or
(c) an institute/ association/university established by the central government
or state government; or
(d) autonomous institute falling under administrative control of Government of
India; or
2. Professional qualification or post-graduate degree or post graduate diploma
which is accredited by All Indian Council for Technical Education, National
Assessment and Accreditation Council or National Board of Accreditation or any
other council/board/body set up under an Act of Parliament in India for the
purpose; or
3. Professional qualification or post-graduate degree or post graduate diploma
which is accredited by All Indian Council for Technical Education, National
Assessment and Accreditation Council or National Board of Accreditation or any
other council/board/body set up under an Act of Parliament in India for the
purpose; or
4. An individual registered as research analyst under these regulations, individuals
employed as research analyst and partners of a research analyst, if any, shall have, at
all times, a NISM certification for research analysts as specified by the Board or other
certification recognized by the Board from time to time:
My MBA degree is from SMU-DEB (Distance Education Board) and I successfully got my SEBI Research analyst license. When you are pursuing a distance/online Masters’s degree as prescribed by the SEBI check your university is approved as per the SEBI qualifications requirement or not?
If you are working somewhere better you choose distance education as preferred mode of education as it is not possible to attend job and your degree classes at the same time. If you show your working experience and regular degree at a same time it will create conflict of interest and looks like you are not a due diligence person.
Try to choose your degree program is for 2 years as for the SEBI Investment adviser license one year degree program or diploma will not count and in near term it may added for the SEBI Research analyst license.
In short, Yes, If your distance/online educational or diploma degree as per the SEBI RA and IA norms you are eligible for the SEBI Investment adviser and Research Analyst license.
Hope this article helps you to solve your query.