Advances in Management

Updated on: Monday, December 26, 2011

Recently in town to sign an MOU with the Indian Institute of Social Welfare and Business Management, Ambarish Dutta talked about the new trends in management and the different courses in alignment with it. He heads the BSE Institute Ltd. He has worked with various organisations like Reliance Retail, and Boston Education and Software Technologies Ltd and is an alumnus of the Indian Institute of Management, Kolkata.

What is MBA in financial markets all about?

MBA in financial markets programme is all about creating best-equipped financial managers in the country. The financial markets help build up the savings of an economy aiding in adoption of an effective channel to transmit various financial policies. The financial development is correlated with economic development and a sound and sophisticated financial system promotes the efficiency of investment and economic growth in a market economy. Therefore this course is all about aiding students to have sound knowledge on the commodity, money, capital, and derivatives market.

How is MBA in financial markets different from MBA in finance?

Finance is large and has broader scope, whereas financial market is much focused on a particular section pertaining to the capital, money and derivatives market. It is almost like chalk and cheese. Students studying financial markets are taught bond mathematics and securitys law, things which finance students do not learn. MBA in financial markets is more specialised and therefore different from mainstream finance.

What brings in the need for specialised training?

The knowledge demand placed on professionals, operators, brokers, traders, employees of the banking, insurance and other financial institutions in the industry, including compliance professionals owing to the complexity of the global environment of financial markets, makes it imperative for aspirants to know the products and markets and the mathematics that explain it. As new markets open up internationally, they must understand all of this from a complex global perspective.

What are the recent trends in management studies?

Well, of late management institutes are looking at experiential learning. In the present day scenario students can no longer stick to books only. And keeping this in mind people who are in the industry teach and train students to be better managers. Networking and learning are consequential in this age.

The BSE Institute Ltd has recently launched post graduate diploma in stock markets, in collaboration with IGNOU. What knowledge gap is being addressed through this course?

Retail participation in the equity markets in India is currently very low because of the general lack of awareness of the markets. Despite the steep increase in disposable income in India and the fact that investment in equity is providing better returns than any other asset class like property, gold and fixed deposits, we have not seen corresponding increase in retail participation in the equity markets. Were trying to address this knowledge gap by building a band of aware investors and trained market professionals.

What are the future initiatives of BSE Institute Ltd?

We plan to launch high quality programmes like Islamic finance and financial engineering. A large number of courses will be available with a more industrial approach to them. Right now were also organising road shows where we can meet finance students and understand their needs.

Courtesy: Myeducationtimes.com

Times of India

Advances in Management

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