NSE Reaches out to Bathinda Students and Professionals through NCFM Centre
Students and professionals in Bathinda, a leading education hub and industrial centre in Punjab,can study different aspects of the financial markets by simply opting for one of the NCFM modules run by the National Stock Exchange and appearing for the test at NSE’s Bathinda centre. NCFM,or National Stock Exchange’s Certification in Financial Markets, is an online testing and certification programme, which gives students and professionals expertise in the financial markets and helps them toget attractive jobs in the financial sector.
NSE runs more than 150 centres in different parts of the country, especially in tier two and tier three towns, for the NCFM tests. The exchange runs different modules including topics like commercial banking in India, equity derivatives, market risk management, capital market, fixed income, debt markets, investment analysis and portfolio management, macroeconomics and banking and insurance. (Visit this link for a complete list of the NCFM modules: http://www.nseindia.com/education/content/nse_certification.htm). A student or working professional interested in one of the modules can apply online on NSE’s website www.nseindia.com or get the registration form from the closest regional office (in this case the Delhi regional office). After registering for the module, the candidate is sent written materialon the module by courier, which he or she has to study and on the basis of that, appear for the test on that module. On qualifying, the candidate gets a certificate from NSE for that module.
In Punjab, apart fromBathinda, candidates can also appear for the tests inAmritsar, Chandigarh, Firozpur, Hoshiyapur, Jallandhar, Ludhiana and Patiala.In Punjab, close to 23,100 candidates have appeared for the NCFM modules, and there is a huge potential for more candidates to appear for the NCFM module tests, as NSE has conducted more than 16 lakhs such tests all India, from the time the certification courses were launched in 1998. Bathinda is famous for its coaching centres that prepare students for engineering, medical and management entrance exams, and attracts a large number of students from neighbouring towns, making it a bustling centre for the NCFM programme.
These online tests can be taken by students, teachers, investors, employees, housewives or anybody interested in the Indian securities market. There is no age or qualification bar for students to appear for these exams. There is no limit on the number of attempts as well. NCFM courses are based on objective type questions carrying negative marking. These courses will help candidates to understand various products, participants and the various functions of the securities market. Successful candidates who pass these modules become more eligible in the job market, in the fields of banking, insurance, investment banking, brokerages, research, trading and operations as well as in knowledge process outsourcing units.
The entire process of testing, assessing and score reporting in the NCFM programme is fully automated. The system is operated through an intranet facility by using a central World Wide Web server with terminals located at each of the designated test centres. Communication between the central server and the test centres is achieved through VSAT/leased line network. NCFM tests are also offered through the Internet to enable candidates outside the designated test centres to take tests at their convenience. This allows flexibility in terms of testing centres, dates and timing.
NSE conducts many education initiatives in different parts of the country to educate investors about the importance of financial planning. The exchange also runs MBA, BBA and PG courses in financial markets, both short term and long duration courses, to bridge the skill deficit in the financial sector.
For more information on the NCFM programme, candidates can call on the toll-free number 1800-22-0051 or email NSE at [email protected].
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