May 28, 2015

Press Release No. 1

After school levels, NSE enters the world of MBAs in Gujarat

Keeping in mind that India’s first International Finance Centre may require a huge skilled manpower, India’s leading stock exchange – NSE – has signed an MOU with Ganpat University, Gujarat for offering degree level programs. Initially programs will be offered for the graduate and the master degree levels. NSE and the Ganpat University have plans to start other programs like PGDM, Skill Development Programs, Certificate in Financial Literacy etc, among other programs. Earlier this month, NSE signed a similar MOU with Navrachna University for NSE certified capital markets professional course.

Significantly, NSE has entered into an agreement with the Gujarat government for school level basic financial education program as well.

The first batch is expected to start in the current financial year (2015 – 16) itself. Both the BBA (Capital Markets) and the MBA (Capital Markets) will be of 2 years duration. The agreement was signed this week between the two institutes in the university campus. “Professional education is the key to guiding the country’s growth. In a state like Gujarat, which is going to have an international IFC, demand for professionals will remain. Such initiatives always help to ensure financial literacy”, said Ms Chitra Ramkrishna, MD & CEO, NSE.

It may be mentioned that NSE has signed an MOU with the GIFT authorities a few months back to set up an International exchange in the SEZ area of the IFC. As per initial estimates, GIFT IFC may engage few thousand people once operational.

As per the agreement with the university, NSE will provide program material including academics, conduct faculty training, hands on training sessions, and assist in conducting exams etc. while the degree will be issued by the Ganpat University.