The Indian Institute of Management (IIM) Ahmedabad and International Financial Services Centres Authority (IFSCA) will together explore opportunities for research, consultancy, training, internships and capacity-building in finance.
The two institutes signed a Memorandum of Understanding (MoU) at IIMA campus to help strengthen active participation in conducting evidence-based policy research, aid policy formulation and encourage research.
“IIM Ahmedabad is excited to strengthen evidence-based policy-making and regulation to build a globally competitive financial centre in India. This MoU will help create the foundation and provide impetus for focused research and policy making related to financial markets within the overall economic framework,” said Errol D’Souza, director of IIM Ahmedabad.
D’Souza also gave an overview of the various Centres of Research Excellence at IIM Ahmedabad and the pioneering research work that has been happening at the institute.
IFSCA, a statutory authority established under the IFSCA Act 2019, headquartered at GIFT City, Gandhinagar, is a unified regulator with a mandate to develop and regulate the financial products, financial services, and financial institutions).
The primary objective of IFSCA is to establish a strong global connect, focus on the requirements of the Indian economy and serve as an international financial platform for the entire region and the global economy as a whole.
“It will provide an ideal platform for a two-way collaboration between IFSCA and IIMA, especially in the areas of policy research, economic impact analysis, strategy management and emerging areas such as FinTech, Climate Finance,” said Injeti Srinivas, chairperson, IFSCA.
IIM Ahmedabad has been contributing to scholarship, practice and policy through its distinctive teaching, high-quality research, nurturing future leaders, supporting industry, government, social enterprise and creating a progressive impact on society.