By Our Reporter
SHILLONG: The National Stock Exchange (NSE) and the Indian Institute of Management, Shillong (IIMS) have partnered with the intention of starting the first two-year full-time postgraduate programme in financial markets (PGP-FM), offered by an IIM.
The government has been focusing on developing infrastructure and creating job opportunities in the North East. Since education and skill development is one of the focus areas, this tie-up with IIM Shillong is a move to contribute towards the development of this region.
NSE MD & CEO Ravi Narain said in a statement: “We hope that this post graduate programme will help in honing the trading and investment skills of students and working professionals and make them more eligible for the job market.”
“The collaboration will go a long way towards capacity building and creating expertise in areas in which the demand exceeds supply. This will help accelerate the development of the financial sector and the growth of our economy,” said IIM Shillong director Ashoke K Dutta.
In addition to the two year PG programme, NSE and IIM Shillong will also offer a number of advanced level certifications and Management Development Programmes in financial markets.
The PGP-FM course will be a combination of general management subjects and highly specialised subjects in financial markets such as financial valuation and modeling, equity research, technical analysis, derivatives trading strategies and financial engineering.
The PGP students will be able to get a global perspective as the programme will include a visit to international markets. The students will be able to simulate market conditions and develop trading, investment and portfolio management skills through simulated market software, specially designed by NSE.
Standalone management development programmes and certification courses, to be offered jointly by NSE and IIM Shillong in financial engineering, risk management, capital markets, and derivatives will help professionals to sharpen their skills. Students from other streams who are interested in taking up certificate courses will also benefit from the certification courses.