NITIE, NSE sign mou to boost academic, research collaboration in finance & economics

Together, the NSE and NITIE aim to develop courses in economics and finance and to carry out research in a variety of areas, including fintech. Under the initiative, the institute will be organising seminars, conferences, and symposia. 

The National Institute of Industrial Engineering (NITIE) Mumbai has signed a Memorandum of Understanding (MoU) with the National Stock Exchange of India Limited (NSE) with an aim to boost academic and research collaboration in the fields of finance and economics.

Together, the NSE and NITIE aim to develop courses in economics and finance and to carry out research in a variety of areas, including fintech. Under the initiative, the institute will be organising seminars, conferences, and symposia. The fundamental objective is to create a talent pool that is equipped to meet industry expectations. The partnership also intends to enhance research in the Indian financial industry, policy advocacy, and general knowledge of the financial market, the official statement said.

The agreement was signed on June 22 at NSE's headquarters, between Vivekanand Khanapuri, dean (Sponsored Research & Industrial Consultancy) at NITIE, and Tirthankar Patnaik, chief economist at NSE, in the presence of Ashishkumar Chauhan, MD and CEO of NSE and senior faculty members from NITIE. On the occasion, Ashishkumar Chauhan said, “The NSE will collaborate with NITIE to enhance financial literacy in India, which will benefit the nation's markets, investors, and economy.There is a need for financial market education to achieve greater financial inclusion in the nation.”

Manoj Kumar Tiwari, director of NITIE stated that the collaboration will create new learning opportunities for students in the field of finance. It will contribute to building a talented workforce for the expanding financial sector in India. The collaboration between NSE and NITIE will boost financial education in India and equip aspiring professionals with the necessary skills and knowledge to excel in the dynamic world of finance. By combining their resources and expertise, the two institutions also aim to foster a strong talent pool and make significant contributions to the financial market landscape in the country.

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