National Stock Exchange of India and Govt of Goa Join Hands to Launch ‘Student Skilling Program’ in BFSI Sector
Goa, February 27, 2025 – 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 5 th state after Uttarakhand, Meghalaya, Chhattisgarh and Assam to partner with NSE on skilling youth.
The MoU was exchanged between Shri Bhushan K. Savaikar, Director, Directorate of Higher Education, Government of Goa and Shri Sriram Krishnan, Chief Business Development Officer, NSE in the presence of Hon’ble 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.
Shri 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.”
About National Stock Exchange of India Limited (NSE):
National Stock Exchange of India (NSE) was the first exchange in India to implement electronic or screen-based trading. It began operations in 1994 and is ranked as the largest stock exchange in India in terms of total and average daily turnover for equity shares every year since 1995, based on SEBI data. NSE has a fully integrated business model comprising exchange listings, trading services, clearing and settlement services, indices, market data feeds, technology solutions and financial education offerings. NSE also oversees compliance by trading, clearing members and listed companies with the rules and regulations of SEBI and the exchange. NSE is a pioneer in technology and ensures the reliability and performance of its systems through a culture of innovation and
investment in technology. NSE is the world’s largest derivatives exchange by trading volume (contracts) as per the statistics maintained by Futures Industry Association (FIA) for calendar year 2024. NSE is ranked 2nd in the world in equity segment by number of trades (electronic order book) in 2024, as per the statistics maintained by World Federation of Exchanges (WFE).
