Finance sector to have more job opportunities

If more students of India succeeded in the financial sector, then India could become a destination for global investment. Half-a-million skilled and semi-skilled workforce is required by the sector and the number that the market is being offered is very less in comparison, said Sunitha Anand, Lead-SBU Education and Head Administration (South), National Stock Exchange of India Ltd, (NSE) Chennai, on Monday.

NSE has signed a memoranda of understanding with the Governments of Tamil Nadu and Kerala in order to set things right and to enhance financial literacy among students of schools and colleges.

She said, "In Tamil Nadu, the programme covered students from Standard VIII to make them aware at a preliminary level of various financial tools available, before introducing them to secondary markets and investment destinations. Nearly 7.5 lakh students and 2,000 faculty members from the Government and aided schools have been trained."

The Government of Kerala has taken cue from Tamil Nadu to take NSE's assistance in launching programme for students of higher secondary and UG level. Anand was in Coimbatore for an establishment of a Trading Lab at PSG Institute of Management.

She suggested the students of PSG Group of Institutions to choose finance while making career choices instead of imprisoning themselves to conventional jobs.

Globalisation had affected the Indian markets too and a choice of career in finance would provide opportunities for them to become the leaders in their field of choice, she said.

Referring to the employment potential of the NSE Certified Capital Market Professional (NCCMP) course at a time, when lot of brokerages were down sizing staff strength due to stagnant business, she said this occurred because brokerages were opting for merger or restructuring.

Ms. Anand added "But the market has not shrunk but was ‘up and going'. Students may not have job potential directly with brokerages, but they will do so as investment bankers, research analysts and business strategists. With global investors coming in, the market would get bigger, and there will be no dearth of employability."

The trading lab which is sponsored by All India Council for Technical Education, would give the students trading experiences in real time, with technical support from NSE. L. Gopalakrishnan, managing trustee, PSG Institutions, inaugurated the Lab, said R. Nandagopal, director, PSGIM.

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