Rating agency Crisil has signed an MoU with the Indian Institute of Management, Ahmedabad (IIM-A) to set up a Chair of Financial Markets at the business school.
The purpose of the professional chair is to enable research activities that can help financial markets evolve and function better, the agency said in a statement.
"We believe that collaboration between industry and academia is critical for enhancing our understanding of the financial markets and spot the next growth opportunities. The setting up of the Crisil Chair of Financial Markets at IIM-A is significant step in that direction.
"We are proud of this association and hope it will fuel insightful research that can help investors, market intermediaries and other stakeholders make better informed investment and business decisions," Crisil Managing Director and Chief Executive Officer Roopa Kudva said.
The Chair Professor will be selected as per IIM-A's policy and will have a tenure of 3 years, which is extendable. The person will lead research activities and disseminate the learnings for the benefit of all stakeholders.
"We are thankful to Crisil for setting up the chair. Financial markets have a very important role to play in India's growth.
"Research conducted through the Crisil Chair will contribute significantly towards improving our understanding of financial markets," IIM-A Director Ashish Nanda said.
