BSE Institute signs MoU with Frankfurt School of Finance & Management

BSE Institute Ltd. (BIL), a wholly owned subsidiary of the BSE (Bombay Stock Exchange) Mumbai, India and the Frankfurt School of Finance & Management, Frankfurt, Germany signed a Memorandum of Understanding (MoU). The signing ceremony took place at the Frankfurt School’s campus in Frankfurt, Germany.

Professional education in capital markets..!

The MoU was signed between Mr. Ambarish Datta, MD & CEO of BSE Institute Ltd., and Ingolf Jungmann, Managing Director & Vice President of the Frankfurt School. Both institutions appreciate each other’s objectives in promoting excellence in professional education in the field of capital and financial markets.

They have agreed to enter into this agreement for mutual benefit and advantage. The aim of the MoU is to conduct joint training programs in financial markets in both Germany and India.

The scope of the MoU is as follows:

 The parties agree to provide a framework and to cooperate in planning and developing relevant activities for the successful implementation of projects including, but not limited, to activities stated as under:

* Launching of joint Certification Programs / Post Graduate Programs (e.g. Certificate Programs / Post Graduate in Quantitative Finance – 6 months to 1 year duration).

*  Study missions / visits to Frankfurt (For Indian professionals and BSE’s current MBA / Global Finance Management Program (GFMP) students), planned to start in September 2012.

 * Launching of joint programs for Senior Executives in India. These are planned as Management Development Programs (MDP) with duration of 1 to 2 days. The Frankfurt School may also use (BIL’s) training facilities to organize independent training programs.

 * Student exchange &  internship opportunities for FS students to come to India and vice-versa.

* The above projects are to be specified and executed on a project-to-project basis in separate project agreements, based on mutual consent and on the deliverables, and are subject to the parties’ respective corporate approvals.

 Mr.  Ingolf Jungmann, MD & VP of the Frankfurt School, Germany said, “ International student exchange and international management education are key to foster mutual understanding. They build a bridge for sharing experiences and approaches to problem solving as well as for exchanging management and business practices. We are convinced that our offers and education programmes will efficiently support the securities industry in India and its qualification goals.”

 Mr. Ambarish Datta, MD and CEO, BSE Institute Ltd.said, “This collaboration between the BSE Institute and the Frankfurt School of Finance & Management will help groom the truly global finance professional who is skilled at traversing the developed and emerging market economies with equal dexterity.”

About the Frankfurt School of Finance & Management, Frankfurt, Germany:
Frankfurt School of Finance & Management is a leading business school based in Frankfurt am Main, Germany. It runs 86 regional education centers throughout Germany and various joint ventures and programmes abroad.

 About BSE..!
The BSE Institute Ltd. is a wholly owned subsidiary of the BSE. BSE Institute Ltd inherits from BSE the knowledge and insights into the capital markets industry, garnered over the past 136 years. With the global financial markets at an inflection point, we strive to equip future leaders with the competence and character to address emerging global business and social challenges.

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