Kohima, May 27 (MExN): National Stock Exchange (NSE) has announced the names of 154 test centres for NCAT –FM (NSE Common Admission Test for Financial Markets).
Candidates can take NCAT –FM (NSE Common Admission Test for Financial Markets) from July 1 to 5 on any of the 154 Test Centres (subject to availability) by reserving date and time of their choice.
In a release the NSE said that five cities from North east India are included in 154 test centres and candidates can sit for the test from any centres.
The release informed that the cities for the north region are Dimapur (Nagaland), Agartala (Tripura), Guwahati, Dibrugarh and Tzepur (Assam). Meanwhile in another release, NSE has formed NSE Academy Limited. The newly created structure will henceforth administer all existing educational programs offered by NSE, for different levels of students. NSE Academy will flag off its journey with NSE’s redesigned flagship program called Post Graduate Certificate Programme in Global Financial Markets (PGCP-GFM).
NSE ,MD and CE Ms Chitra Ramkrishna said, “With India being in the list of top 10 countries in terms of market capitalisation of around Rs.100 lakh crore and its market capitalization-to-GDP ratio being as high as about 75%, NSE’s efforts can actually make our students stand out as professionals in the global capital markets. Significantly, they can also play a pivotal role in improving financial well-being of people”.
PGCP-GFM has been designed by market professionals, keeping in mind demands from a large number of captive units of MNCs, KPOs, BPMs, custodians, pension funds etc spread across multiple geographies. Most of these companies are registered with Financial Industry Regulatory Authority (FINRA) / Monetary Authority of Singapore (MAS) - the US and Singapore’s regulatory authorities and require financial market professionals for serving their US and international clients. Apart from meeting demands from large corporates, it is expected to play a critical role in providing trained manpower for the IFC, coming up in the GIFT city, Gujarat, where NSE is in the process of setting up an international exchange.
It will be offered from Delhi, Mumbai, Chennai, Ahmedabad, Kolkata and Hyderabad and regular classes will start from July 27. The participants will develop skills to handle international clients and will be exposed to the best market practices, during a week-long Singapore immersion programme. The 11 month PGCP-GFM program comes with 15 global regulatory certifications in financial markets from the USA, Singapore and India. It includes certificates from Global Financial Regulatory Certification Examination of FINRA, USA and Capital Market and Financial Advisory Services (CMFAS) examinations.
