Market ripe for experts in finance sector

As the global environment of financial markets becomes more complex, the demand for a knowledge pool is rising each day. There is a growing need for well-trained professionals in the BFSI sector. Every market player in today’s international marketplace — investors, brokers, traders, employees of the banking or insurance industries, including compliance professionals — must not only know the fundamentals of products and markets they trade in, but also understand the economics that drive markets and the mathematics that explain it. 

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BSE Institute Limited (BIL), a wholly owned subsidiary of BSE Ltd. , offers a bouquet of courses ranging from five international PG programmes to more than 100 short-term certifications related to financial markets for students interested in achieving and upgrading their skills in this field.  Recently the institute entered into a partnership with Chitkara University to launch Post Graduate Programme in Global Financial Markets (PGP GFM) at its campus near Chandigarh. Ambarish Datta, MD& CEO of the BSE Institute Ltd and Founder Director of BFSI sector skill council NSDC (National Skill Development Corporation), talks about the courses and scope for students. Excerpts from an e-mail interview: 

What kind of demand corporate world has generated which has made BSE Institute to start a stock market focused courses?

The financial sector in India is predominantly a banking sector with commercial banks accounting for more than 60 per cent of the total assets held by the financial system India is today one of the most vibrant global economies, on the back of robust banking and insurance sectors. The country is projected to become the fifth largest banking sector globally by 2020, as per a joint report by KPMG-CII.

Only the best prepared, professionally qualified students, who are equipped to handle the pressure and skilled to operate in a cool and calculated manner under demanding circumstances, are the ones who will make a difference and carve a niche for themselves in this industry. These courses are designed to help students develop the required capabilities and understand the trends and be prepared for what's around the bend.

Where all can students wanting to pursue courses in financial market enroll?

The BSE Institute has its head office in the iconic BSE building on the Dalal street, Mumbai, where we offer all the courses in the capital markets for undergraduates as well as postgraduates, our flagship programme Global Financial Markets Professional (GFMP) which is a 2-year programme for undergraduates is offered at all our centers in Ahmedabad, Chennai, Delhi, Kolkata and Thane. Our PG Programme in Global Financial Markets (PGPGFM) is a dual degree programme, Global Financial Market certification from BSE Institute and MBA- Financial Markets Practice (FMP) can be completed through Chitkara University, Punjab.

BSE Institute has a center in Delhi where we offer GFMP and other short term and certification courses in the Financial and Capital Markets.

Apart from PGP GFM are there any other courses that are being supported by BSE Institute at the moment?

There are various courses that BSE Institute offers in the Financial Markets, we have more than 100 short-term and certification programmes which specialise in various topics in the financial markets, we offer Master of Finance and Master in Management with Frankfurt School of Finance and Management, Frankfurt, Germany and Master of Business Administration / Master of Applied Finance (MBA and MAF) dual degree with Western Sydney Universities. Apart from classroom-based program BSE Institute has also got an online market place called BSEVARSITY where we offer online or distant learning programmes. Executive Programme in Investment Management is one such programme. (EPIM)

What is the eligibility for getting into these courses?

Most of our programmes are designed for students and professionals who wish to carve a niche for themselves in the BFSI sector. Students wanting to make a career in the Banking and Financial Markets should definitely enroll for the programmes which suit their needs. Professionals from the industry too can go in for PG programmes to add value to their existing knowledge and to develop new skills.

Does BSE Institute provide placement support to students?

All our long-term programmes like PG Programme in Global Financial Markets (PGPGFM) and  in Banking and Finance (PGPBF), Global Financial Markets Professional (GFMP) offer placement support to the students. Our students also go through an intensive internship in the industry as a part of their curriculum project to get hands on experience before they go out in the corporate world.  

BSE Institute being a premier facility in financial and capital market training is popular amongst a whole range of institutions in the Indian Securities Market, market participants like government, external agencies, financial institutions and corporate and also enjoys their support in its functioning.

Our associate companies comprise not only the leading lights from the Banking, Financial Services and Insurance sector in India but also from various other sectors. The intervention with corporate is through guest lectures, grooming sessions, internships, industry visits and so on. 

How is the BSEI tie up with the Chitkara University helping students in North?

Most of the expertise in the financial markets is concentrated in Mumbai. The leading exchanges like BSE are based out of Mumbai along with the major broking houses and other institutions. Hence Mumbai is the destination for all aspirants seeking a career in this field and getting to learn at the nerve centre of the financial markets is nirvana. This tie up with Chitkara University brings the top course right at the doorstep of students in the northern region making it cost effective. 

— As told to Geetu Vaid