Preparing future stock specialists

There’s good news for students aspiring to enter the stock market. IGNOU and the Bombay Stock Exchange Training Institute (BTI) have signed a Memorandum of Understanding (MoU) to launch a two-year, full-time MBA programme specialising in Financial Markets.

“The programme being offered is a full-time degree programme, specially designed to suit the requirements of students who are planning to make a career in financial markets,” said Vice Chancellor Prof V.N. Rajasekharan Pillai at the BSE building on Dalal Street, Mumbai, on January 7.

“We plan to cover vital concepts related to exchanges, which will help students spearhead the financial industry,” Prof Pillai added.

According to Ambarish Datta, Managing Director and Chief Executive Officer, BTI, “The programme structure is more dynamic than anything that currently exists and will cover various modules such as corporate governance, risk management and so on. It’s like NASA teaching space technology. We will be able to give students a ringside view of how the market works.”

The admission process has already started and the intake in the first batch will be between 60 to 100 seats. Classes, which will commence from May 2011, will be held at the Dalal Street building. The fee for the programme is approximately Rs. 2 lakh.

The objectives of the programme are to enhance employability of learners globally; to bridge the gap between the programmes currently available and the programmes required by the market for enhancing employability; and to have joint programmes to address current and emerging needs of the market, informed the Vice Chancellor.