IIT Madras Pravartak Foundation offers 7 skill development courses in banking, finance

NEW DELHI: Indian Institute of Technology (IIT) Madras Pravartak Foundation, the Technology Innovation Hub of IIT Madras, is offering industry-relevant upskilling courses for students to build a career in banking and finance.

IIT Madras is offering seven courses to prepare students for a career in banking and financial services. The courses will prepare students for a career in mutual funds, equity derivatives, digital banking, securities operations and risk management.

All learners who are pursuing a bachelor’s degree or have completed a bachelor’s degree in any discipline and are interested in the BFSI domain are eligible to take these certification courses, the official statement said.

Students who take up these certification courses will be able to write the various certification exams conducted by National Institute of Securities Markets (NISM), National Stock Exchange (NSE), Bombay Stock Exchange (BSE) and Indian Institute of Banking and Finance (IIBF).

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The courses are being offered in collaboration with Digital Skills Academy, an initiative of IIT Madras, with InFactPro, a premier finance sector certified trainer in Chennai. InFactPro is a training partner of the Banking and Financial Services and Insurance Sector Skill Council of the Skills Development Ministry, it said.

IIT Madras further said, “Almost 30 lakh aspirants write different bank recruitment examinations every year with only 0.5 per cent clearing them. These students have a huge set of opportunities waiting for them in finance and banking space provided they are ready to get upskilled.”

“The demand for banking and financial services is increasing in the tier 2 and tier 3 cities and naturally the demand for training professionals is also increasing in these cities,” it added.

Congratulating the team for offering courses, IIT Madras director V Kamakoti said, “With our Nation aiming to move fast toward a 5-trillion dollar economy, it is important that such skill development courses are offered by premier institutions and industry jointly, to help the students who are aspiring to build a career in banking and finance.” These courses are taught by some of the most experienced faculty in the industry and academia.

IIT Madras’ Digital Skills Academy (DSA) has been offering online training programs with more than 25 courses since 2018 with the expert guidance of NASSCOM IT-ITeS Sector Skills Council.