Mumbai: India’s largest stock exchange NSE has launched a new education drive in the central India. In its endeavour to promote financial market education, awareness & literacy in the central India, NSE has joined hands with IPS Academy, – a large educational institution from Madhya Pradesh.
Both have signed an MOU recently in this regard. IPS Academy has started with a batch of 500 students; – this is the largest batch of students opting for NSE Certified Capital Market Professional (NCCMP) examination. The project is run at IPS Academy with the support of Dr. Vivek Kushwaha, Director, Institute of Business Management & Research, IPS Academy. The course consists of 3 parts: theoretical training, practical training & project work. IPS Academy has done a tie-up with a local NSE member who will be the practical training partner for the program. Besides the IPS Academy, we have already tied up with 14 institutes in the central India with courses ranging from classroom to online modules.
Meanwhile, in our efforts to further deepen the financial markets, NSE has conducted 59 awareness programs in different parts of the central India in the first 6 months of the current financial year. Around 6000 people participated in all these interactive sessions. In these programmes – spread over the states of Madhya Pradesh, Chattishgarh and Gujarat – investors were advised on the steps they should take, to ensure that their interests are protected. They were given guidance on how to trade cautiously, not to get misled by market rumours and invest according to a wise investment plan. Investors were also educated on the precautions they should take before, during and after trading. The programmes included a discussion on checking contract notes issued by brokers to investors, to verify whether only authorized trades have been executed by a Sebi (Securities & Exchange Board of India) registered broker. To ensure investor protection, they were advised on the mandatory and voluntary documents that should be executed between the investor and the member broker, and on the need for investors to see the risk disclosure documents for safe investing.
In its 20 years of existence, NSE has transformed the capital market, based on technology, innovation, high standards of corporate governance and management practices. NSE’;s business practices and high level of integrity have earned it the trust of the financial markets worldwide. Besides being a platform of choice for all exchange traded financial products in India, NSE’;s flagship index, Nifty50 is used extensively by investors in India and around the world as a barometer the of Indian capital markets. Since inception, the exchange has been covered extensively by global media and has won many accolades in recognition of its contribution in reforming the Indian securities market.