NSE-CBSE tie up for fin markets mgt course

In a move that will considerably reduce the strain of the financial services industry to find skilled people, the National Stock Exchange has tied-up with the Central Board of Secondary Education to introduce a joint certification in the financial markets management.

Written by Markets Bureau

March 20, 2008 22:39 IST

In a move that will considerably reduce the strain of the financial services industry to find skilled people, the National Stock Exchange (NSE) has tied-up with the Central Board of Secondary Education (CBSE) to introduce a joint certification in the financial markets management. The certification course will be introduced for the students of class XI and XII who have opted for the commerce stream from the academic year 2007-08. A Memorundum of Understanding (MoU) in this regard was signed by Ravi Narain, MD, NSE and Ashok Ganguly, chairman, CBSE in New Delhi on Wednesday.

NSE in a statement said, the new course includes two subjects in financial markets, ?Introduction to Financial Markets ? I? and ?Introduction to Financial Markets ? II?, besides courses in Languages, Economics, Business Studies, Accounting for Business etc. Students would be required to take the NSE?s on-line certifications, ie the NCFM tests in ?Financial Markets : A Beginners Module? in Std XI and ?Capital Markets (Dealers) Module and Derivatives Markets (Dealers) Module?, in Std XII.

Ravi Narain, MD, NSE said, ?It is NSE’s commitment to spread the financial literacy in the country and this MoU is dome with an intention to fulfill the need for taking financial literacy to the schools.

This article was first uploaded on March twenty, twenty eight, at thirty-nine minutes past ten in the night.