NewZNew (Chandigarh) : Chitkara University, one of the leading multi-disciplinary private universities in the region, today announced the setting up of CFEC (Chitkara Financial Education Center) at its Campus in Chandigarh . This unique initiative was announced today by Dr. Madhu Chitkara, Vice Chancellor at a press conference held in Chandigarh.

Chitkara Financial Education Center – CFEC will be an advanced center for imparting professional & practical education, training, coaching and hand holding on industry demanded professional courses & industry driven programs related to Finance world. CFEC has joined hands with Market Connected, where in Market Connected will act as the Knowledge Delivery Partner to guide and shape practical careers of Students & working professionals in the location. Market Connected, founded by CA Aman Chugh, who stands as a reputed name in the Financial Markets, is an expert and most sought consultant on Derivatives, Risk Management, Technical Charts & Investment Banking. He has been serving, advising and training many Fortune 500 & reputed Corporates, Government Bodies & Industry associations.”

Speaking on the occasion Dr. Madhu Chitkara, Vice Chancellor said that  the focus of these programs will be to prepare a candidate for the world of practical opportunities in dream profiles such as Investment Banking, Private Equity, Fund Management, Equity Research, Derivatives and similar other profiles. A lot many Corporates have massive hiring needs in such domain and do not find suitable resources from any of the Educational Institutions.

Expressing his excitement at the association, CA Aman Chugh, Founder Market Connected said that the current financial cycle carries the seeds for the boom of financial markets in our country. With “Make in India” tons of money shall flow into our geography. Chitkara Financial Education Center is a proactive approach to cater to the needs of those who wish to ride on the success journey in such financial revolution. In all, CFEC is a bold step to strengthen the Industry University Partnership.

Primarily, CFEC shall provide three different trainings namely:

• 1.       CFA (Chartered Financial Analyst Training)
• 2.       IB (Investment Banking)
• 3.       DTA (Derivatives and Technical Analysis)

In addition to the above, CFEC shall also run specifically designed Industry demanded trainings on various processes for which Industries have hiring needs but do not find suitable resources due to various challenges. These programs have been specially crafted by our Industry experts who stand as our Advisors to such concept and who also need such aligned resources for their organizations. Investment Bankers, CFAs, CAs and FRMs who are currently associated with some of the largest Investment Banks/Financial Markets Giants around the Globe have not only designed the programs but shall also be driven and delivered by them

While sharing the plan of going forward Aman said that , “there is a yawning gap in what is being taught to the students and the degrees which they acquire, and what is required by the Practical Corporate World. We really need to gear up the society with Students who are trained on Industry driven profiles by Industry practitioners so that they can stand as pillars of Financial experts in this wave of “Make in India”. The ultimate goal is to create the awareness in the society about such courses. Going forward we are also planning to convert the programs of Derivatives, Investment Banking & Other Industry driven processes  into an MBA program, wherein it shall be Industry Created and Delivered so that ready Hiring force is made available to them which shall in turn bridge the gap between the University education and Corporate requirement.

CFA?

CFA® is the one of the most respected and celebrated designation of the financial World. It’s been in existence for the last 60+ years. CFA® curriculum prepares a candidate in variety of financial disciplines including Portfolio Management, Derivatives, Alternative Investments, and Corporate Finance etc, which in depth is not delivered in any Degrees including Chartered Accountancy and MBA Finance programs. It has various inherent advantages ranging from Cost involved, Time investment, Job and Profile opportunities and many more.

Program on Derivatives?

Derivatives market is one of the complex most & largest markets in the world, and which affects the Financial Portfolios of Individuals and Corporates. The knowledge bearers in this field are very tough to be found and live training by an expert can do wonders in shaping and making Entrepreneurs in this field. The Financial Markets players are always on a lookout for suitable resources but are unable to find any and hence have to bear with the averages supplied by the Markets. The Course has been designed & is delivered by Industry experts and it also includes Live & Virtual Trading to enhance the learnings.

Investment Banking Program?

Investment Banking is the talk of the day due to massive action in this domain. It includes various Modules which include Financial Modelling, Valuation Models, Pitch Books and others, resources trained on which are Industry demanded at all times. Even a lot many BPOs catering to Foreign Investment Banks in various processes look forward to such resources with a mix of overseas and Indian based opportunities. The whole of such program again has been designed and is delivered by Investment Bankers currently working at senior positions in Corporates and Investment Banks.