BBAU–NSE Partnership to Open New Opportunities for Financial Education and Skill Development for Students
Lucknow: Babasaheb Bhimrao Ambedkar University (BBAU), Lucknow, signed a Memorandum of Understanding (MoU) with the National Stock Exchange of India (NSE), Mumbai, on October 22. The programme was chaired by the Vice Chancellor of the University, Prof. Raj Kumar Mittal. The key dignitaries present on the occasion included Dean of Academic Affairs Prof. S. Victor Babu, Registrar Dr. Ashwini Kumar Singh, Prof. Om Prakash Shukla, and representatives from the National Stock Exchange of India, Mumbai, including Senior Vice President Mr. Avishkar Nayak, Vice President Mr. Joginder Singh, and Uttar Pradesh State Head Ms. Shruti Sharma.
On this occasion, Vice Chancellor Prof. Raj Kumar Mittal stated that the partnership with the National Stock Exchange of India Limited would provide students with an important opportunity to understand the intricacies of the financial sector and gain practical knowledge. He emphasised that financial awareness and an understanding of investment are essential for every student in the present times. Through this initiative, final-year students, in particular, will gain knowledge of financial planning, the stock market, and various investment options, enabling them to develop practical skills alongside their academic qualifications. He further stated that qualified faculty members of the University would serve as trainers under this programme and guide the students. This initiative would help students develop their capacity to learn and earn while enhancing their ability to identify new employment opportunities and make informed financial decisions in the future. The Vice Chancellor congratulated the entire University and NSE teams on this initiative and expressed confidence that the collaboration would play a significant role in making students financially aware, skilled, and self-reliant.
The primary objective of this Memorandum of Understanding (MoU) is to promote financial literacy and market awareness among students, faculty members, and other relevant stakeholders. Under this collaboration, students will receive practical knowledge of financial planning, budgeting, savings, investments, the stock market, mutual funds, Exchange-Traded Funds (ETFs), Initial Public Offerings (IPOs), and debt securities. They will also be made aware of investor protection measures, the role of the Securities and Exchange Board of India (SEBI), regulatory frameworks, and the process for resolving investment-related grievances. Additionally, the University will nominate qualified faculty members and other eligible individuals as Partner Trainers under the initiative. Upon fulfilling the prescribed eligibility and certification requirements, these trainers will have the opportunity to conduct training sessions and awareness programmes for students and other target groups. A key objective of the collaboration is to develop a strong pool of trained professionals, foster responsible financial behaviour and informed investment decision-making among students, and extend financial awareness throughout society.
The occasion was also attended by Finance Officer Prof. Sanatan Nayak, Director of Research and Development Prof. Shishir Kumar, Director of IQAC Prof. Shilpi Verma, Dr. Subhash Mishra, Heads of various departments, and faculty members.
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