25 January 2017
New Delhi: The NSE Academy Limited, a wholly owned subsidiary of National Stock Exchange of India Limited (NSE) and The Indira Gandhi National Open University (IGNOU) have come together to offer certificate and diploma courses, related to stock markets. NSE and IGNOU have signed a Memorandum of Understanding (MOU) to offer certification programs namely Certificate Program on Derivatives and Option Trading Strategies, Certificate Program on Securities Market analysis and Certificate Program on Financial Modeling and Algorithm Trading.
Mr. Ravi Varanasi, Chief of Business Development, NSE and CEO, NSE Academy and Mr. S K Sharma-Registrar Admin, IGNOU have signed an MOU in the presence of Dr Ravindra Kumar- Vice Chancellor (In-Charge), IGNOU, Prof. Madhu Tyagi- Director, School of Management Studies (SOMS) along with officials from IGNOU and NSE Academy on 24 January 2017.
This is the first time that NSE Academy will offer courses through distance learning mode. NSE Academy and School of Management Studies, IGNOU will jointly develop content for these three certification programs and subsequently for diploma programs. NSE Academy will be training the faculty of IGNOU as well.
Mr. Ravi Varanasi said “These certification programs will offer exclusive opportunity to aspirants, who want to make a career in stock markets, to gain well-structured knowledge through distance learning. IGNOU and NSE Academy will leverage their joint strengths to provide practical and employable skills to youth.”
Dr Ravindra Kumar- Vice Chancellor IGNOU said, “IGNOU has been in forefront for bringing transformational change in society through education and skill development. These programs will enhance the skills and employability of the students pursuing these courses and will contribute to the skill development initiatives of the government.”
Some of these programs are expected to be launched from the July session of 2017. Admission for these certificate programs will be done through the admission process followed by IGNOU.
NSE Academy offers several courses starting from Class IX right upto the post-graduation level. Through a tie up with CBSE, NSE Academy runs courses as part of the school curriculum. Besides, NSE Academy runs BBA and MBA courses on Financial markets in several key Universities across India, like the Indraprastha University, Punjabi University, Lovely Professional University and Ravenshaw University to name a few. These courses provide complete vertical mobility to students and the preparedness for a career in the financial sector.
About NSE Academy Limited:
NSE Academy Limited is a 100% subsidiary of National Stock Exchange of India Limited (NSE). NSE Academy promotes financial literacy as a necessary life skill. NSE Academy’s initiatives, including partnerships with state and national school boards and schools, interactive courses on personal finance and certification programs, teach school children, homemakers and other non-finance professionals the value of investing, provide an introduction to the Indian capital markets and help to develop new market professionals.
About National Stock Exchange of India Limited (NSE):
NSE is the leading stock exchange in India and the fourth largest in the world by equity trading volume in 2015, according to the World Federation of Exchanges. It began operations in 1994 and has been ranked as the largest stock exchange in India in terms of total and average daily turnover for equity shares every year since 1995, based on SEBI annual reports.
NSE has a fully-integrated business model comprising exchange listings, trading services, clearing and settlement services, indices, market data feeds, technology solutions and financial education offerings. NSE also oversees compliance by trading and clearing members with the rules and regulations of the exchange. NSE is a pioneer in technology and ensures the reliability and performance of its systems through a culture of innovation and investment in technology. NSE believes that the scale and breadth of its products and services, sustained leadership positions across multiple asset classes in India and globally and its integrated business model enable it to be highly reactive to market demands and changes and deliver innovation in both trading and non-trading businesses to provide high-quality data and services to market participants and clients.
For more information, please visit: www.nseindia.com
Disclaimer:
National Stock Exchange of India Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, an initial public offer of its equity shares and has filed a draft red herring prospectus dated December 28, 2016 (“DRHP”) with Securities and Exchange Board of India (“SEBI”). The DRHP is available on the website of SEBI as well as on website of the Managers, Citigroup Global Markets India Private Limited at http://ift.tt/2fNSUQ1.
Any securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act. There is no intention to register any securities referred to herein in the United States or to make a public offering of the securities in the United States.