New Delhi: NSE Academy, a wholly owned subsidiary of India’s leading stock exchange the National Stock of India Ltd (NSE) and the Government of National Capital Territory Delhi have come together to promote Financial Markets Skills in schools in a well-planned manner.
NSE will train more than 5000 students and teachers in Financial Markets Skills. A special training programme in Financial Markets Management (FMM) for teachers is being organised on 25 and 26 September 2017 in New Delhi.
Under this significant initiative 49 teachers from 42 Government schools have been deputed to undergo a comprehensive training programme in Financial Markets of NSE Academy. In addition to teachers from government schools, 15 teachers from leading public schools of North India are also participating in the training. These well-trained teachers will teach more than 5000 students of class IX and X in Financial Markets skills. The training programme covers subjects like Financial Planning, Budgeting, Banking System, Insurance System, Investments Options Tax Structure, Protection from Scams, Frauds and Ponzi Schemes and Consumer Protection.
Central Board of Secondary Education (CBSE) and NSE Academy have a joint certificate programme in FMM for class-IX and X under National Skills Qualification Framework (NSQF) level-1 and level-2. FMM is a vocational skill development programme. This being a practical programme, marks for theory as well as practical are 50% each. NSE Academy is providing specialised training of simulation software NSE Learn to Trade (NLT). NLT is a web based platform providing anytime, anywhere learning to simulate the Financial Markets.
Mr. Mohammed A Abid, State Project Director – Sarva Shiksha Abhiyan (SSA)/ Rashtriya Madhyamik Shiksha Abhiyan (RMSA) from Govt. of NCT Delhi conveyed his best wishes to the teachers in learning the new age skills of Financial Markets.
Mr. Ravi Varanasi, CEO, NSE Academy and Chief Business Development Officer, NSE conveyed his best wishes to the teachers participants in this training programme and appreciated their role in imparting knowledge to the GeNext of India.
Dr. L K Jha, Deputy Director Education (Vocational), Govt. of NCT Delhi was the Guest of Honour for the function for training of teachers. Dr. L K Jha, in his inaugural address, said “Govt. of Delhi wishes to train the students of Govt. schools on par with the best of public schools in understanding the financial markets through this programme. The training from NSE Academy to the Govt. school teachers will equip them to become competent enough to train the students.”
About NSE Academy
About NSE Academy: NSE Academy is a wholly-owned Subsidiary of National Stock Exchange of India Ltd (NSE). NSE Academy promotes financial literacy as a necessary life skill. NSE Academy’s initiatives, including partnerships with state and national school boards and schools, interactive courses on personal finance and certification programs, teach school children, homemakers and other nonfinance professionals the value of investing, provide an introduction to the Indian capital markets and help to develop new market professionals.
About National Stock Exchange of India Limited (NSE): National Stock Exchange of India Ltd (NSE) is the leading stock exchange in India and the fourth largest in the world by equity trading volume in 2015, according to World Federation of Exchanges (WFE). NSE was the first exchange in India to implement electronic or screen-based trading. It began operations in 1994 and is ranked as the largest stock exchange in India in terms of total and average daily turnover for equity shares every year since 1995, based on SEBI data. NSE has a fully-integrated business model comprising our exchange listings, trading services, clearing and settlement services, indices, market data feeds, technology solutions and financial education offerings. NSE also oversees compliance by trading and clearing members with the rules and regulations of the exchange. NSE is a pioneer in technology and ensures the reliability and performance of its systems through a culture of innovation and investment in technology. NSE believes that the scale and breadth of its products and services, sustained leadership positions across multiple asset classes in India and globally enable it to be highly reactive to market demands and changes and deliver innovation in both trading and non-trading businesses to provide high-quality data and services to market participants and clients.
Disclaimer: National Stock Exchange of India Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, an initial public offer of its equity shares and has filed a draft red herring prospectus dated December 28, 2016 (“DRHP”) with Securities and Exchange Board of India (“SEBI”). The DRHP is available on the website of SEBI as well as on website of the Managers, Citigroup Global Markets India Private Limited at http://www.online.citibank.co.in/rhtm/citigroupglobalscreen1.htm, JM Financial Institutional Securities Limited at www.jmfl.com, Kotak Mahindra Capital Company Limited at http://www.investmentbank.kotak.com, Morgan Stanley India Company Private Limited at http://www.morganstanley.com/about-us/global-offices/india/, HDFC Bank Limited at www.hdfcbank.com, ICICI Securities Limited at www.icicisecurities.com, IDFC Bank Limited at www.idfcbank.com and IIFL Holdings Limited at www.iiflcap.com. Potential investors should note that investment in equity shares involves a high degree of risk and for details relating to such risk, see “Risk Factors” beginning on page 19 of the DRHP. Potential investors should not rely on the DRHP filed with SEBI for making any investment decision. Any securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act. There is no intention to register any securities referred to herein in the United States or to make a public offering of the securities in the United States.