BSE'S training arm to offer courses for executives in Australia

The first courses are expected to start in the April-June quarter of 2016

Salil Panchal
Published: Nov 18, 2015 04:02:43 PM IST
Updated: Nov 18, 2015 04:07:41 PM IST

Life is not a template and neither is mine. Like several who have worked as journalists, I am a generalist in my over two decade experience across print, global news wires and dotcom firms. But there has been one underlying theme in each phase; life gave me the chance to observe and tell a story -- from early days tracking a securities scam to terror attacks and some of India's most significant court trials. Besides writing, I have jumped fences to become an entrepreneur, as an investment advisor -- and also taught the finer aspects of business journalism to young minds. At Forbes India, I also keep an eye on some of its proprietary specials like the Rich list, GenNext and Celebrity lists. An alumnus of Xavier Institute of Communications and H.R College of Commerce and Economics in Mumbai, I have worked for organisations such as Agence France-Presse, Business Standard, The Financial Express and The Times of India prior to this.

BSE'S training arm to offer courses for executives in Australia

The Bombay Stock Exchange, Asia’s oldest stock exchange, will offer training courses to company directors and executives of the Asia-Pacific Stock Exchange (APX).  A Memorandum of Understanding was signed between the BSE Institute Ltd, a wholly owned subsidiary of the BSE, and the Asia Pacific Finance Institute of Australia (APFIA), which is a member of the APX, to cooperate and develop training courses for company directors and executives in Australia and other emerging markets.

The course details, content and faculty for the training courses is being outlined, Ambarish Datta, managing director of BSE Institute Ltd (BIL), said. The first courses are expected to start in the April-June quarter of 2016, he told Forbes India.

The courses could be product-related (such as currency derivatives) for traders, brokers and other institutions; process-related (such as corporate governance for board directors, listing norms) or compliance-specific, such as surveillance training for a specific stock exchange.

“These courses could be in the form of web or face-to-face interactions,” Datta said.

The BSE currently offers over 150 courses as part of its academia and training faculty to 10,000 people each year, including students and professionals. In 2014, the BSE Institute and Canada-based Ryerson University started Zone Startups India, a startup accelerator programme. There are now 64 startups on-board, across sectors.

“BIL has a good track record for the development and delivery of education systems and content,” said George Wang, executive director of APX.

Wang said given APX’s focus to bridge the capital markets between Australia and Asia, it was ‘’important” that company directors and executives have a good understanding of their obligations in the APX markets. “Education will be the key to the quality of the companies seeking to list on APX.”

“It further extends our vision to be the most sought-after learning provider in the world in areas of financial and leadership learning,” Datta said.

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