NEW DELHI: NSE Academy Ltd (NAL), a wholly owned subsidiary of National Stock Exchange of India Ltd (NSE), has signed an agreement with HDFC Asset Management Company Ltd (HDFC AMC) to launch a one-of-a-kind program, ‘Invest -verse: An introduction to the world of investing’. The program will be offered to students across India.
According to NSE Academy, the investment habits instilled in young people are often considered to have a significant impact on the wealth creation of long-term investors and therefore the importance of financial awareness among young people cannot be stressed enough. .
“Against this backdrop, this collaboration is driven by the mission of equipping students with the basic knowledge of personal finance and investing,” NSE Academy said in a statement.
The initiative will help reach the next wave of new investors through a nine-hour course, which will also be available on HDFC Mutual Fund’s MFBytes app. The programs will be delivered through online training and app-based training that will be co-certified by both institutions.
Speaking on the occasion, Navneet Munot, Managing Director and Chief Executive Officer of HDFC AMC, said: “HDFC Mutual Fund believes that every individual should be empowered enough to be able to make personal financial decisions from a young age. age. Through this course, we aim to reach a large number of students and give them access to basic financial knowledge so that they can make sound financial decisions. This initiative is part of our mission to be the wealth creator for every Indian. NSE Academy has been a pioneer in student education and we are very pleased to initiate the first of many such collaborations with them.”
This initiative should be deployed from May to June.
Abhilash Misra, Managing Director of NAL said, “NSE Academy has impacted the lives of over 70 lakh with its various programs helping students, higher education learners, professionals and managers. We are thrilled to partner with HDFC AMC in promoting this financial awareness initiative which will bring new ideas to help students develop this important life skill and find meaningful and rewarding employment in the BFSI industry.”