Thursday, October 19, 2006

Finance learnings

I'm pretty happy about my 50th log. It has been an exciting learning process and these blogs are an e-scratch pad for me to put together my thoughts on finance.

There is significant progress being made in the financial and investment environment in India and it has become increasingly important to understand the essence of modern finance, to understand the key principles of financial economics and developing basic skills in applying financial tools and techniques.

Centre for Financial Management (CFM) is a Bangalore based centre for excellence in Financial Studies under the direction of Prof. Prasanna Chandra, an authority on Financial Knowledge. They offer two distance education courses on finance: Diploma in Finance and Certified Financial Manager. Though the lack of classroom situation is a dampner, the cost and the accessability makes up for it. With a fee of Rs 4000 and Rs 9000 respectively, the course is value for money indeed.

Another course coming on is the result of a tieup between Multi Commodity Exchange (MCX), India and Institute of Financial Market (IFM). MCX is an independent and de-mutulised multi commodity exchange. It was inaugurated on November 10, 2003 by Mr. Mukesh Ambani, Chairman and Managing Director, Reliance Industries Ltd. The IFM is a leading provider of educational products and training for the financial services industry. Together they intend to start a commodities education course in a big way.
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