NSE reaches out to Bilaspur students and professionals through NCFM Centre at Bilaspur
Students and professionals in Bilaspur, the second largest city in Chhattisgarh, can study different aspects of the financial marketsby simply opting for one of the NCFM modules run by the National Stock exchange and appearing for the tests at NSE’s Bilaspur 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 on 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 Kolkata 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.
Apart from Bilaspur, candidates can also appear for the tests in the capital city of Raipur. In Chhattisgarh more than 3,200 candidates have appeared for the NCFM modules (both these centres are relatively new), and there is huge potential for more candidates to appear for the NCFM tests. NSE has conducted more than 16 lakhs such tests all over Indiafrom the time the certification courses were launched in 1998. The potential for growth in numbers is even higher in this state as many of these cities like Bilaspur are an education hub where lakhs of students are studying in professional institutes, including management institutes.
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]
About NSE:National Stock Exchange of India (NSE) was set up to provide a modern, fully automated screen-based trading system with national reach. NSE is regarded as the benchmark for its best practices and model for the securities industry in terms of systems, practices and procedures. Having started its operations in June 1994, NSE operates a nation-wide, electronic market. NSE offers trading in equities, futures & options in equities, currency and interest rates, fixed-income, exchange-traded products and provides a platform for distribution of mutual funds and mechanism for securities lending and borrowing. NSE’s trading platform is connected to 2.5 lakh trading terminals, spread across more than 2000 towns and cities giving it an extensive reach. According to the World Federation of Exchanges (WFE), NSE is ranked the world’s largest exchange in cash market trades, currency trading and index options, and the third largest in stock futures. NSE’s flagship index, the Nifty 50, is used extensively by investors and market participants in India and around the world, to take exposure to the Indian equities market. For more information about NSE, please visit: www.nseindia.com.
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