NSE and Government of Goa Join Hands to Launch ‘Student Skilling Program’

GOA:
The National Stock Exchange of India (NSE) and the Government of Goa have joined forces to launch the ‘Student Skilling Program’ aiming to equip the youth of Goa with industry relevant skills in Banking, Financial Services, and Insurance (BFSI) sector. A Memorandum of Understanding (MoU) has been signed between the two entities, marking a significant step towards empowering young individuals with industry-relevant skills and enhancing their employability in the BFSI sector. Goa is the 5th state after Uttarakhand, Meghalaya, Chhattisgarh and Assam to partner with NSE on skilling youth.

The MoU was exchanged between Bhushan K. Savaikar, Director, Directorate of Higher Education, Government of Goa and Sriram Krishnan, Chief Business Development Officer, NSE in the presence of Chief Minister of Goa, Dr. Pramod Sawant at Government College of Arts, Science and Commerce, Sanquelim, Goa.

Goa, with its expanding financial ecosystem, is well-positioned to be a significant contributor to this sector, provided its youth are equipped with the right skills. NSE’s Student Skilling Program initiative aligns with the Government of Goa’s vision of unlocking human capital thereby, enabling financial well-being and social mobility. NSE and the state of Goa have prioritized skill development and are committed to bridging the skill gap and enhancing employment opportunities for the youth of the state.

The Student Skilling Program will be conducted in two levels. Level 1 is a 20-hour training program, upon completion of which students will be certified in the ‘Foundation Course in BFSI.’ This will equip students with essential financial management skills, ensuring both personal and professional growth. Level 2 is a 30-hour advanced training program designed to prepare students for the NISM regulatory examination. Successful candidates will gain nationwide industry-recognized certification, enhancing their job prospects in the capital market.

Ashishkumar Chauhan, MD & CEO, NSE said “This partnership with the Government of Goa reflects our commitment to bridging the skill gap in the BFSI sector. By providing structured, high-quality training, we aim to create a workforce that is future-ready and aligned with the evolving needs of the financial industry.”

Dr. Pramod Sawant, Chief Minister, Goa, said “The signing of this MOU between the National Stock Exchange and the Government of Goa marks a significant milestone in our commitment to equip Goan youth with industry-relevant skills in the Banking, Financial Services, and Insurance sector. This Student Skilling Program will create pathways to rewarding careers for our talented young people while simultaneously addressing the growing demand for skilled professionals in the capital markets space. By partnering with a premier institution like NSE, we are ensuring that our students receive world-class training that aligns with industry standards and emerging trends. This collaboration is a testament to our government’s vision of transforming Goa into a knowledge hub and empowering our youth to thrive in the global economy.”