NSE Visit

Students pursuing the BBA course are taught finance subjects in every semester. They are taught financial accounting, company accounts, cost and management accounting, capital markets and income tax. Most students did not know the role of the NSE and the importance of the exchange and index. By the fourth semester, they are well aware of the terms stocks, markets, trading debentures, buyback etc. They were all curious to understand what indexes are all about and how they function.  Keeping this in mind the second and third year students.

During the two-hour visit, students came to know about various aspects of NSE and the basics of stock market functioning. The sessions conducted included information about the history of Indian stock market and operations of the stock market. The presentations given by experts included an introduction to the stock market, capital market and derivatives market, currency trading, ETFs and many other aspects of the operations of NSE. Currency markets and their functioning created quite a stir among the students. The presentation spoke about details about the exchange, its timings and the day to day working of the exchange.

Trading terms were also explained. The various divisions and functional areas of NSE were also highlighted. The various short-term programmes for students being run by the educational arm of NSE, on a regular basis, were also brought to light.

Briefly, the findings of the students were summed up as follows:

• NSE came up in 1992. NSE was the first National Exchange to provide a modern, automated and secure electronic trading system. Investors across the country could trade easily, quickly and safely.
• NSE deals in a variety of products like equity, derivatives, debt, bonds and other financial instruments.
• WDM, the Wholesale Debt Market is a part of the exchange
• Certifications by NCFM enable a clear understanding of the various subjects and aim to give learners a complete mastery to enable to pursue a career in finance.

The most important part of the visit became the learnings that the students carried back as individuals. These learnings not only assist in understanding the financial world but also protect from fraudulent transactions. For students wanting to pursue careers in finance either as entrepreneurs or employees the visit provided first-hand information and answered many questions which arise in the minds of students as they pursue financial subjects.