Faculty Development Programme on Securities Markets in association with Department of Commerce, Madras UniversitySponsored by Aditya Birla Sun Life Mutual Fund

The National Institute of Securities Markets (NISM) organized a Faculty Development Programme on Securities Markets in association with the Department of Commerce, University of Madras and Aditya Birla Capital Mutual Fund. The programme was hosted by the University of Madras, in its Chepauk Campus (Chennai), on 3rd and 4th December 2018. About 150 faculty members and research scholars from colleges affiliated to the University participated in the programme.

The programme was inaugurated by Shri. S K Mohanty (Whole Time Member, SEBI). Dr. M Thenmozhi (Director, NISM) delivered a special address and Shri. K S Rao (Senior Vice President, Aditya Birla Capital Mutual Fund) delivered a keynote address. The inaugural ceremony was presided over by Dr. R Srinivasan (Registrar, University of Madras).

Inaugural Guests on the dias (From left to right: Dr. S Gurusamy, Dr. R Srinivasan, Shri. S K Mohanty, Dr. M Thenmozhi, Shri. K S Rao, Dr. S Yuvaraj)

In his inaugural address, Shri. Mohanty noted that the educational institutions should step forward to interact with the industry, through more such programmes, to understand the industry’s expectations from students who may be potential recruits. He appreciated the efforts of NISM and the University in organizing the programme for the benefit of the teachers and thus the student fraternity. Dr. Thenmozhi briefed on the various capacity building activities carried out by NISM and its contribution to the academic world. Shri. K S Rao highlighted the importance of continuing education and knowledge enhancement. Dr. Srinivasan thanked NISM for having chosen to collaborate with the University in its mission of professionalizing the securities markets. Dr. S Gurusamy (Head – Department of Commerce, University of Madras), who welcomed the gathering talked on the recent economic policies of the government and how securities markets plays a vital role in sustaining economic development. Dr. S Yuvaraj (Assistant Professor, Department of Commerce, University of Madras) delivered the vote of thanks.

The programme featured a rich line-up of technical sessions on various segments of the markets. The technical sessions started off with an overview of securities markets by Ms. Aparna Thyagarajan (Deputy General Manager, SEBI). Ms. Aparna also elaborated the evolution of the markets and the role of SEBI as a regulator. Shri. Sunil Kadam (Registrar, NISM) created awareness on the various career opportunities posed by the Indian securities markets. He highlighted the pivotal role played by NISM in building careers in the markets. Shri. Srinivasan Sundararaman (External Trainer) introduced the participants to the various asset classes and enlisted the pros and cons of each of them. Shri. K S Rao (Aditya Birla Capital Mutual Fund) sensitized the importance of financial planning and financial independence.

Shri. V Nagappan talking on IPO Reforms on Day 2 of the programme

The second day of the programme started with a session on IPO reforms by Shri. V Nagappan (External Trainer). Mr. Nagappan talked on the listing procedures and regulations. Shri. Rishab Lunia (External Trainer) provided a good understanding of the Fixed Income Securities. Shri. Arulrajhan TR (External Trainer) demystified Derivatives and elaborated on the various trading strategies involved.

Shri. Anand Subramaniam (Vice President – HR, NISM) emphasized the importance of skill development and capacity building in the domain of securities markets. He, along with Mr. Gokulnath Raja (Deputy Manager, NISM), elaborated how NISM’s capacity building programmes can be a gateway to careers in securities markets for students and aspirants.

Dr. K Jothi Sivagnanam (Head – Department of Economics, University of Madras) delivered his valedictory remarks. He also conferred Certificates of Participation to the faculty members.

Dr. K Jothi Sivagnanam and Shri. Anand Subramaniam presenting Certificate of Participation to a participant

The programme ended with a vote of thanks from Dr. Buvaneswari (Assistant Professor – Department of Commerce, University of Madras) and the national anthem.