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| FTIL, Ignou tie up for new course |
| BS Reporter / Mumbai May 05, 2009, 00:45 IST |
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In an attempt to address financial markets' need for more qualified professionals, Financial Technologies (FTIL), the main promoter of commodity bourse MCX, announced an alliance with Indira Gandhi National Open University (Ignou) to conduct a one-year postgraduate diploma course in financial market practice.
An MoU to this effect was signed by Jignesh Shah, chairman and group chief executive officer of FTIL and Udai Singh Tolia, registrar, Ignou, in the presence of V N Rajashekharan Pillai, vice-chancellor, Ignou.
The programme will commence in July and will cover major market segments such as equities, derivatives, commodities, currencies and bonds.
Financial Technologies Knowledge Management Company (FTKMC) would provide content for the course and Ignou would deliver the programme face-mode, coupled with an open distance learning component.
The course has been designed by a group of experts drawn from FTKMC, IGNOU, Institute of financial market research
(Chennai), Indian Institute of Management (Bangalore), Religare Securities, and independent professionals.
Commenting on FTKMC’s partnership with IGNOU, Jignesh Shah said, “The Financial Technologies group has a strong commitment to develop education and knowledge on financial markets and to provide easy and affordable access to students and professionals across the country. We are happy to partner with IGNOU, which enjoys the distinction of being a pioneering facility for distance education in the world.”
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