NSE Academy to partner with Karnataka to spread financial awareness in college students

NSE Academy, a subsidiary of the National Stock Exchange (NSE), has said that it intends to collaborate with the Karnataka State Higher Education Council to provide financial education and investment awareness for the holistic well-being of college students.

Under the collaboration, all undergraduate students in Karnataka will gain the advantage of an enriched curriculum in financial education developed by experts from NSE Academy and professors of universities in the state, NSE said in a statement.

A centre of excellence will be set up at Dr BR Ambedkar School of Economics (BASE) in Bengaluru with an action plan for upskilling students for careers in banking, financial services and insurance (BFSI) and creating recruitment exposure by benchmarking the programme with international standards.

"The state government is having an open mind about the financial education and investment awareness programme. The programme will provide financial awareness and scientific knowledge about entrepreneurship to students," Karnataka higher education minister CN Ashwathnarayan said.

Ashwathnarayan added that the partnership with NSE Academy will help impart knowledge to students on economic policies, fintech, capital market, central banks among other subjects. "Further, this will include the exchange of knowledge between students and faculties of colleges across the state," he added.

"This collaboration will empower the youth of Karnataka with sound financial knowledge and financial management skills through a long-term intervention at the higher education level," Ravi Varanasi, president and chief business development officer of NSE, said.

NSE Academy CEO Abhilash Misra said the collaboration with the Karnataka State Higher Education Council will build a solid foundation for students towards their journey of financial well-being.