Gandhinagar: BSE Institute Limited, a 100% subsidiary of BSE Limited and a premier institute in financial and capital markets training, has signed an MOU with GIFT SEZ Ltd. to offer courses in finance and capital markets. GIFT SEZ houses India’s first International Financial Services Centre (IFSC).

The MOU according to GIFT City will lead to:

· The development, launch and conduct of programs related to International Financial Services Centre (IFSC) at GIFT City

· Introduction and management of Certification Programs for the market participants at GIFT IFSC

· Offering of courses to prepare candidates for international securities regulations certifications

· Organizing Seminars, Knowledge Series and Conferences for creating awareness on International Financial Services Centre and GIFT City.

Tapan Ray, MD & CEO of GIFT City, said, “GIFT City is committed to develop an enabling environment for all aspects of international financial services. An important piece of this endeavor is to provide avenues for skill development and training in various areas of international products, offshore fund management, international bullion trading among others. We see ourselves as facilitators of not only financial services but also of honing talent for this emerging stream in India. We are happy to collaborate with one of India’s premiere financial institutions BSE Institute, to work on this important sector of the economy.”

Speaking on this occasion Ambarish Datta, Managing Director and CEO of BSE Institute Ltd, said “An international financial services center caters to customers outside the jurisdiction of domestic economy, dealing with flows of finance, financial products and services across borders. This requires us to build a pipeline of highly skilled professionals who are well versed with global financial regulations, and best practices. We are confident that this joint initiative will help us achieve this objective and also help establish GIFT city as one of the largest global financial hubs in the world.”

Since 1989, BSE Institute has been training and delivering new age employability skill and competency-based education to students to prepare them for the industry.

To give an impetus to financial services education and skill development, GIFT City has taken initiative to bring onboard several reputed educational institutes and offer cutting-edge courses.