Bhubaneswar , 03/09 ( Odisha Samachar / Abhisek Mohanty ) : India’s leading exchange, the National Stock Exchange, has signed a Memorandum of Understanding (MoU) with Sri Sri University in Bhubaneswar to launch a one-year Post Graduate Diploma in Financial Markets (PGDFM). The course will start from the 2015-16 academic session, and classes will be held at the University campus in Bhubaneswar.
Sri Sri University has a sprawling campus located between the twin cities of Bhubaneswar and Cuttack and its curriculum is a combination of performing arts, spiritual teaching and academic courses like general management, agri-business management and Entrepreneurship Management.
The MoU was signed in the presence of Sri Sri Ravi Shankar, the founder and guiding force of the University, Dr. K.C. Mishra, Vice-Chancellor of Sri Sri University, Mr. Ravi Varanasi, Chief Business Development, NSE and other senior officials of the exchange. This course will equip students with comprehensive knowledge and skills required for a career in the financial markets.
Ravi Varanasi, Head of Business Development at NSE said, “There is a huge skill deficit in India, but growth in the financial sector will throw up lakhs of jobs in the coming years. Our attempt is to bridge this skill gap by educating young students about different aspects of the financial markets.”
Students can study this course either as a full-time programme, or as a part-time programme. The full-time course will have 24 papers and the part-time weekend course will have 16 papers. As a part of this programme, students will learn about the Indian financial markets, and NSE will provide its expertise on topics such as Capital Market Operations, Fundamental Analysis, Technical Analysis, Operation and Risk Management in Financial Markets, Options Trading Strategies Module and others.The university will provide expertise on subjects including Financial Institutions and Markets, Foreign Exchange Management and Financial Valuation and Modelling.
“Sri Sri University is happy to associate with NSE for launching a course related to the capital markets. This symbiotic relationship will bring together Sri Sri University’s academic strength and NSE’s industry expertise to create a unique curriculum that will benefit the students who opt for this course,” said Dr. K.C. Mishra, Vice-Chancellor of Sri Sri University.
The course has been designed to give maximum industry exposure to the students, and includes extensive usage of case studies, industry seminars, workshops, assignments and interface with the industry. The faculty includes experienced academicians and industry professionals. Graduates with preferably two years of work experience can apply for this course. A Post Graduate Diploma in Financial Markets will be jointly awarded by Sri SriUniversity and NSE to the successful candidates.
NSE has launched several MBA and PG Diploma courses in financial markets in association with various institutionsacross India,to meet the growing need for qualified and skilled professionals in the financial sector. Apart from the tie-up with Sri Sri University, NSE has partnerships with 13 institutions including the National Institute of Financial Management, Faridabad and Gokhale Institute of Politics and Economics, Pune. NSE has also tied up with the Ravenshaw University in Cuttack for a 5-year integrated MBA in financial markets and with Guru Gobind Singh Indraprastha University, New Delhi, for MBA and BBA courses in financial markets.It is estimated that 47 lakh professionals will be required by the banking, insurance and financial services sector by 2022 and these courses will help to address the shortage of skilled professionals.