Business Wire IndiaIt was a momentous occasion when Amity University, reckoned for its progressive approach, signed a MoU with Bombay Stock Exchange (BSE) Institute Limited, Mumbai and launched Online Programmes in Global Financial Markets at University Campus, Sector-125, Noida.
The MoU was signed by Mr. Abhinash Kumar- Jt. Director, Amity Directorate of Distance & Online Education and Mr. Vinod Nair-Head Academics, Bombay Stock Exchange (BSE) Institute Limited, Mumbai in the presence of Mr. Ajit K Chauhan- Vice-Chairman, Amity Online, Mr. Abhay K Chauhan- Vice President, Amity Online and Mr. Pulock Bhattacharya, Vice President, Bombay Stock Exchange (BSE) Institute Limited.
As part of the MoU, three Online Programmes have been launched – MBA (2 years) in Global Financial Market, Post Graduate Diploma in Global Financial Market (1 year) and BCA in Financial Technologies (3 years) which could be pursued by working professionals who want to give an edge to their profiles. All the programmes will include the exposure of foreign countries and study of International financial markets.
Addressing the gathering, Mr. Ajit K Chauhan- Vice-Chairman, Amity Distance & Online said that Online Education offered by Amity is all geared up to become the biggest and best in the country and the present association with BSE is one important step in that direction. He shared that full time scholars pursuing regular programmes at Amity also have an option to enroll for any one of the programmes launched in the area of Global Financial markets and benefit immensely from the online knowledge sharing by global financial experts. He expressed his hope that the mutual association between Amity and BSE Institute Limited will bring out great results in the future.
Sharing his views, Mr. Vinod Nair-Head Academics, Bombay Stock Exchange (BSE) Institute Limited, Mumbai outlined the various programmes offered by BSEIL and the focus of the Institute to increase its reach by collaborating with partner institutions across the country. Referring to the MoU as “historic moment” for both the Institutions, he averred that the Institute, through its association with Amity Directorate of Distance and Online Education and its global reach, is looking forward to nurture globally competent professionals for financial markets.
During the occasion, Ms. Sugandha Sachdeva-AVP & In-charge-Metals, Energy & Currency Research at Religare Commodities Limited delivered the lecture on “Global Economic Crisis”. She shared that global Financial Markets have a strong impact on Indian Market. Tracing the effect of global events on Indian Market, she stressed “Off late, the Chinese economy has slowed down and the devaluation of Chinese currency-Yuan has affected Indian Market to great extent. With long term devaluation of Chinese Currency, further downslide is expected in global markets. China is a major consumer of commodities in the world, consuming 40% of global commodities and the countries like Indonesia, Vietnam and US which export commodities to China will be majorly affected with the devaluation of its currency”. Sounding optimistic, at the same time, the learned speaker said that Indian fundamentals are very robust and the overall Macro-economic factors are very positive with current Account Deficit under control and rate of Inflation at 3.7% in July 2015 which is all time low. She expressed that India is a long time long story with a potential of 9-10% economic growth.
Delivering a lecture on “Application of Technical Analysis in various financial markets”, Prof. Himanshu Arora -Research Analyst at Religare Commodities Limited apprised audience with Indian Financial System and various markets including Money Market, FOREX, Commodity Market, Equity Market, Insurance Market and Foreign Exchange Market. He shared that Interest Rate in US is record low at 0.25% but if US hikes its interest rates, India will have to bear the brunt since the Investments in India will shift to US causing fund outflows from Indian Equity Market; Indian Currency will weaken; Inflation will rise and Forex Reserves will decrease. He called upon the Finance students to keep them abreast with Inter-market analysis to excel in their field.
Photo Caption: Right To Left Mr. Abhay Chauhan (Vice President, Amity Online),Mr. Ajit Chauhan (Vice-Chairman, Amity Online),Mr. Pulock Bhattacharya- Vice President, Bombay Stock Exchange (BSE) Limited Institute,Mr. Arun Bisaria
The people signing the MOU, Right To Left,Mr. Vinod Nair-Head Academics, Bombay Stock Exchange (BSE) Institute Limited, Mumbai and Mr. Abhinash Kumar- Jt. Director, Amity Directorate of Distance & Online Education
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