ICICI Bank and NISM to offer 1 yr PGCSM programme

Kohima, June 9 (MExN): National Institute of Securities Markets (NISM), an educational initiative undertaken by the Securities and Exchange Board of India (SEBI), and ICICI Bank Limited, India’s largest private sector bank, today signed a Memorandum of Understanding (MoU) for a specialised programme in “Post Graduate Certificate in Securities Markets” (PGCSM).The partnership represents a unique tie-up between industry and academia.
The MoU was signed by Vishvesh G. Bhagat, Senior Vice President, NISM and Shilpa Kumar, Senior General Manager, ICICI Bank in the presence of U. K. Sinha, Chairman, SEBI and Chairman, Board of Governors, NISM and Chanda Kochhar, Managing Director & CEO, ICICI Bank.
Speaking on the occasion, U. K. Sinha, Chairman, SEBI and Chairman, Board of Governors, NISM said, “ We want to create integrated professional programmes that will be instrumental in providing functional skills to improve the quality of securities market professionals, as well as help individuals in their career and overall growth“.
Chanda Kochhar, Managing Director & CEO, ICICI Bank said, “The financial sector promises an exciting opportunity to professionals seeking growth, diversity and challenge in their careers. This programme promises to equip these professionals to meet their aspirations. I am certain that this partnership will prove to be a landmark initiative and a great success”.
PGCSM is a one year specialized and integrated programme aimed at experienced professionals, which focuses on providing a high degree of conceptual grounding, skill building and industry exposure. On successful completion of the PGCSM Programme, the students would be placed in the treasury and investment functions within the ICICI Group companies.
About NISM: National Institute of Securities Markets is a public trust established by the Securities and Exchange Board of India (SEBI)—the Regulator for securities markets in India. NISM seeks to add to the market quality through educational initiatives. It is an autonomous body governed by the Board of Governors and with strategic guidance from an International Advisory Council. NISM’s most important mission is to build capacity for the securities markets through spreading financial literacy, imparting professional education, enhancing governance standards and fostering policy research.
About ICICI Bank: ICICI Bank Limited (NYSE:IBN) is India’s largest private sector bank and the second largest bank in the country, with consolidated total assets of US$ 120 billion at March 31, 2011. ICICI Bank’s subsidiaries include India’s leading private sector insurance companies and among its largest securities brokerage firms, mutual funds and private equity firms. ICICI Bank’s presence currently spans 19 countries, including India.