Mumbai, International Institute of Financial Markets (IIFM), Delhi has established a MOU with University of Petroleum & Energy Studies on March 16, 2010. It is a first of its kind arrangement, where IIFM (through its institutional cell) is setting up financial and commodity trading lab within another institute.
Through this MOU, IIFM will setup energy and commodity trading lab at UPES which will enable students to trade in energy products with virtual money. There would be counseling centre setup at UPES campus for external students to enhance quality financial education to the masses.
Elaborating on the MOU, Mr. Pranav Chaturvedi, Director IIFM said, UPES and IIFM have been pioneers in this relatively new field of financial education. We both seek to provide the best industry based education to our prospective students. IIFM gives all the credit to UPES for sharing its vision of bridging the skill gap between academic institutions and the industry. It is indeed a momentous occasion and IIFM is quite sure that this MOU would act as a catalyst for other such tie ups, which would benefit not only the students but also the financial industry at large.
On this occasion, Dr. Parag Diwan, Vice Chancellor at UPES said, We are delighted to have this MOU with IIFM as this will enable us to have on campus a simulated energy trading platform. This state of art lab will provide distinct edge to our MBA (Energy Trading) students as they will have hands-on experience in real world of trading. IIFM will also benefit from association with a specialist university like UPES and will strengthen their curriculum.
IIFM would also provide market research on energy products, which will enable the students to forecast the trends of the market and be job fit. This MOU will help sharing of resources between these two institutes for the overall development of the financial education industry.
Notes to Editor
About IIFM:
International Institute of Financial Markets (IIFM) is one of the most aggressive financial education warehouses of India and is a leading training provider based in New Delhi. IIFM is a pioneer in the field of financial market education, certifications, mentoring programs, training and development workshops. It recently partnered with IFM (Chicago) and also became the training partner of IndusInd bank for their training initiative DEAL.
IIFM is registered as an Education provider with Financial Planning Standard Board of India (FPSB) for the Certified Financial Planner CM course. Apart from CFP CM, IIFM provides a certification of Stock trading operations and Forex Derivatives courses. It also offers sales courses on all financial products including mutual funds and life insurance to increase the knowledge and competence of sales representatives and the advice they give to clients. It has 18 retail centres to impart quality education.
About University of Petroleum & Energy Studies, Dehradun:
Conviction that India has the potential to emerge as a leading global economy and the belief that Indian youth have the will to become world class professionals has led us to create in University of Petroleum & Energy Studies (UPES), an academic institution with a global vision.
A key consideration here has been the projected gap in the availability of core sector focused technical and managerial talent. And the need to impart the fundamentals in core sector, creating a foundation on which an individual can build a solid career with a global footprint.
UPES has now come a long way with nearly 4000 students and 180 faculty members. It provides 33 Graduate & Post-Graduate courses in the larger Energy basket in Oil & Gas, Power, Transportation (Aviation, Shipping, and Automotive), Infrastructure and Logistics & Supply Chain.
The UPES campus is located in the sylvan surroundings of the Pondha valley at the foothills of the Himalayas in Dehradun, offering an environment conducive to academic, personal and professional growth.
UPES prides itself on the following landmarks, achievements which go into the foundation on which you can build your professional growth.
