Aspiring management graduates will be able to apply for a new management course this year launched by the Bombay Stock Exchange Training Institute with Indira Gandhi National Open University (IGNOU), Delhi.
The two institutions signed a Memorandum of Understanding launching a two-year full-time MBA specialising in Financial Markets at the BSE building on Dalal Street on Friday.
“The course structure is more dynamic than anything that currently exists and will cover various modules such as corporate governance, risk management and so on,” said Ambarish Datta, managing director and chief executive officer of the Institute. “It’s like NASA teaching space technology. We will be able to give students a ringside view of how the market works.”
Admissions will open in the last week of January and the intake in the first batch will be between 60 to 100 seats. Classes will be held at the Dalal Street building and will begin in May 2011. The fee for the two-year course will be approximately
Rs 2 lakhs.
“The course being offered is a full-time degree specially designed to suit the requirements of students planning to make a career in financial markets,” said VN Rajasekharan Pillai, vice-chancellor of IGNOU, in a press release.
“We plan to cover vital concepts related to exchanges which will help out students spearhead the financial industry.”