NSE Engages with Students of JD Birla Institute, Kolkata on Financial Market

MUMBAI, India - Nov. 7, 2014 - PRLog -- In its on-going efforts to increase financial penetration in the country, the National Stock Exchangetoday organised a seminar on capital markets at the JD Birla Institute, Kolkata, for its business management students.

The institute, a well-known one in Kolkata, is affiliated to Jadavpur University, a world-renowned Centre of Excellence with an A grade rating (CGPA of 3.61) from NAAC. The institute offers BBA (Honours),B.Sc (Honours) and B.Com (Honours) courses among others.

Ravi Varanasi, Chief, Business Development, National Stock Exchange, says, “While the exchange’s approach is to conduct awareness drives and launch courses for students in tier two and tier three cities, to upgrade their skills, NSE gives tremendous importance to conducting these activities in the Eastern and North Eastern region of India.”

“Developed capital market is imperative in a growing economy and the stock market plays a pivotal role in the capital markets. The NSE is a leading stock exchange and students need to understand how it functions. This kind of seminar shall go a long way in making our students understand the importance of stock markets in providing transparency, liquidity and protecting the interest of investors,” saysJ N Mukhopadhyaya, Director, J D Birla (Department of Management).

In the seminar, the students of the institutegot an overview of the Exchangefrom speakers on capital markets, derivative markets and NSE's Certification in Financial Markets (NCFM). In this session, the students learned about stock exchange structure, its operations, products traded on it, ways of safe investing, precautions to take while trading, mandatory and regulatory documents to executed between investors and brokersand so on. They also learned about NSE's NCFM certification which not only expands their knowledge base, but also improves their career prospects.

In the last one year, some of the prominent colleges and institutes of the city where NSE has conducted such seminars and programmes include St Xaviers College, Army Institute of Management, Bhawanipur Gujarati Education Society (College), ICFAI Business School and International College of Financial Planning.

Kolkata has a number of reputed educational institutions, including management colleges, and the city is home to a large financial services sector. The demand for financial courses and certifications is high in Kolkata and more than 1, 41,000 candidates have appeared for NCFM tests at NSE’s Kolkata centre, since its launch in 1998.

NSE is committed to increasing financial penetration in the country and makes intensive efforts to educate investors, students and professionals, to empower them to invest wisely, plan for their financial goals and grow their savings.

NSE runs more than 150 centres in different parts of the country, in metros and Tier II and Tier III towns, for the NCFM tests. Students can study these courses and appear for the online tests. The NCFM programme consists of different modules on topics like commercial banking in India, equity derivatives, market risk management, capital market, fixed income, debt markets, investment analysis and portfolio management, macroeconomics and banking and insurance.Till now NSE has conducted 16,80,000 NCFM tests all over India, from the time the certification courses were launched in 1998.