NSE Academy, a wholly-owned subsidiary of the National Stock Exchange, has collaborated with Bharathiar University in Tamil Nadu for creating a Centre of Excellence for capital markets.

In this regard, the two parties have signed a Memorandum of Understanding (MoU), according to a statement released by the NSE on Wednesday. This Centre of Excellence was created to help Bharathiar University and its affiliated colleges prepare their faculty to become more skilled in the field of financial services. According to the statement, NSE Academy will work closely with Bharathiar University to provide an industry-ready curriculum developed by industry professionals. The Centre of Excellence will also provide opportunities for teachers and students to meet with industry practitioners on a regular basis through seminars, industry sessions, and hackathons, according to the statement.

"Financial well-being is a key motto of NSE as there is a high need for people to know more about the markets. NSE has been playing a pivotal role with the help of technology and tools in supporting and providing a learning platform for this purpose," Hari K, Chief Business Officer, National Stock Exchange of India, said. According to him, the association between NSE Academy and Bharathiar University will bring about significant change in the education space and provide the learners with high-quality content and specific skills for the students.

"There is a need for educating and transforming the students in such a way that their skills could be useful for the industry who in turn can sensitize and bring the first-time investors and develop the equity saving culture among the investors," P Kaliraj, Vice-Chancellor, Bharathiar University, said. He added that the partnership will tackle the shortage of trained personnel in India and will be dedicated to improving financial skills.