IMS Ghaziabad Signs MoU with Multi Commodity Exchange of India Limited (MCX)

Ghaziabad: We are delighted to share that carrying forward the strategic direction extended by Dr. Urvashi Makkar, Director, IMS Ghaziabad, the institute signed a Memorandum of Understanding with Multi Commodity Exchange of India Limited (MCX) on June 30, 2020. The collaboration was formalized by Dr. Urvashi Makkar, Director, IMS Ghaziabad and Mr. Vinit Singh Kaler, Sr. Manager- Training & Education, Multi Commodity Exchange of India Limited during the mega Induction Program for PGDM Batch 2022-24 on “Opportunities and Challenges for Budding Managers” ongoing in campus from June 27 to July 02, 2022. Highlighting the significance of the alliance with MCX in terms of adding value to the competencies of the students, Dr. Urvashi said that the various interactive sessions, Faculty Development Programme, Research Programmes, Seminars, Conferences and conclaves would be organized as part of the MoU. She further shared that IMS Ghaziabad may launch full, part-time, Post Graduate Executive Diploma courses in Commodity and Currency Derivatives Markets, wherein MCX will provide inputs for design of the curriculum and other assistance wherever possible. Additionally, MCX Commodity Professional (MCCP) certification may be made available to interested students. Emphasizing the boost provided by the alliance to the research ecosystem of the institute, she added that MCX may contribute articles and other research studies in the area of commodity derivative markets to the publications of IMS Ghaziabad.

Mr. Vinit Singh Kaler, emphasized that the initiative will strengthen the efforts in spreading commodity market awareness among the students and also extensively help in the creation of future generations of skilled commodity market professionals. He added that the tie up is designed to facilitate potential collaboration in areas such as skill development, knowledge, training, and research with emphasis on importance of price risk management to Indian corporate, producers, consumers and other commodity value chain participants. The move will nurture future generations to comprehend benefits of commodity derivatives markets and available career opportunities. The tie up, coordinated by Dr. Ajay Patel and Dr. Amit Bhati will be instrumental in jointly bringing in another facet of financial literacy among IMS Ghaziabad students.