How Sumit Bhattacharjee Cracked the NISM XV Exam in His First Attempt

Tue Jan 20, 2026

Success Story: How Sumit Bhattacharjee Cracked the NISM Exam in His First Attempt
At Professor Sheetal Kunder Academy, we take immense pride in our students' success. Today, we are sharing the inspiring journey of Sumit Bhattacharjee, a professional in the Mutual Fund industry (ITI Mutual Fund), who recently cleared his NISM certification on the very first attempt.
Sumit’s journey is a masterclass in combining industry experience with disciplined academic preparation. Here is how he did it.


The Motivation: Why Now?

For many working professionals, returning to an academic environment after a long gap can be daunting. Sumit, however, saw it as a necessary step to validate his years of experience in the Mutual Fund industry. His goal was clear from day one: "First attempt only."
Despite the gap since his last formal exam, his mindset was focused on logic and understanding rather than rote learning. He believed that age is just a number if you have the right resources and a clear strategy.

The Preparation: The "One-Liner" Strategy
Sumit’s approach was methodical. He didn’t just watch the videos; he immersed himself in them.
Repetition is Key: He went through all audio and video modules provided by the Academy three to four times.
Personalised Notes: While the Academy provided handouts, Sumit took it a step further by creating his own "Personal One-Liners." These were concise summaries of complex logic and facts.
The Final Push: In the 24 hours leading up to the exam, he put away the heavy textbooks and focused solely on these personal one-liners.

Mastering the LMS & Mock Tests
Sumit leveraged the Academy’s Learning Management System (LMS) to bridge the gap between theory and the actual exam environment.
When to start mocks? Sumit began his mock tests only after he felt he had a solid grasp of the syllabus.
The Score Range: In his first attempt at the mocks, he scored between 75% to 80%. As he analysed his mistakes, his scores steadily increased.
Routine: He treated every mock as a real exam, focusing on both speed and accuracy.
Handling Mistakes: Instead of just looking at the score, he analysed why he got a question wrong - was it a conceptual error or a "tricky" phrasing?

Tackling the "Tricky" Exam Paper
Sumit warns that NISM is not an "easy" exam. The questions are often confusing and designed to test your depth of understanding. His strategy for the exam hall was simple:
Read Carefully: Read the entire question and all options before choosing.
Score Early with Maths: Sumit found that calculations were "easy scoring zones." By mastering the logic behind the formulas, he secured these marks early.
Avoid Negative Marking: His golden rule? "If you have any doubt, just leave the question." This discipline helped him maintain a high accuracy rate.

Support from the Academy
One of the highlights of Sumit’s experience was the seamless support from the faculty.
"The doubt-clearing process from Sheetal Madam and Mr Shreyas was incredible. I could ask anything easily, and they solved my queries without wasting any time. Their cooperation was vital to my success."

Sumit’s Advice for Senior Professionals
For those who are hesitant about online platforms or feel that their "exam days" are behind them, Sumit offers these steps:
Trust the Content: Minutely study the videos and handouts provided by the Academy.
Understand the Logic: Don’t memorise; understand the why behind the question.
Use Your Experience: If you are from the industry, draw on your practical knowledge to simplify complex chapters, but don't let that make you overconfident.
Stay Disciplined: Create a routine that balances your work responsibilities at places like ITI Mutual Fund with consistent study hours.

Final Thoughts from Sumit:
"Experience is required, but for those who are young or new, study the one-liners minutely. Thank you, Academy and Professor Madam, for the kind cooperation!"
Are you ready to clear your NISM exam in the first attempt?

Join Professor Sheetal Kunder Academy and get access to the same videos, one-liners, and mock tests that helped Sumit succeed.

Prof. Sheetal Kunder

SEBI® Research Analyst. Registration No. INH000013800 M.Com, M.Phil, B.Ed, PGDFM, Teaching Diploma (in Accounting & Finance) from Cambridge International Examination, UK. Various NISM Certification Holders. Ex-BSE Institute Faculty. 18 years of extensive experience in Accounting & Finance. Faculty Development Programs and Management Development Programs at the PAN India level to create awareness about the emerging trends in the Indian Capital Market, and counsel hundreds of students in career choices in the finance area