The Lexicon Group of Institutes signed an MoU with the National Institute of Securities Markets to Advance Financial Literacy and Skill Development

Pune (Maharashtra) [India]: The Lexicon Group of Institutes has formally entered into a Memorandum of Understanding with the National Institute of Securities Markets (NISM). This MoU signifies a collaborative effort to advance financial literacy, education, and training in the securities market sector.

Established in 2006 by the Securities and Exchange Board of India (SEBI), NISM is renowned for its commitment to elevating standards in the securities market. Through this MoU, Lexicon MILE students and faculty experienced a transformative two-day Outbound Training Program conducted by the National Institute of Securities Markets. This program, meticulously crafted with capacity-building sessions, team-building activities, and financial literacy workshops, delved deep into corporate governance and company management, empowering participants with a deeper understanding of the intricacies of financial markets.

Mr. Pankaj Sharma, President, The Lexicon Group of Institutes, Chairman & MD, Pune Times Mirror, Civic Mirror, and MultiFit, expressed his enthusiasm about the partnership, stating, “This MoU underscores our commitment to providing holistic education and preparing our students for real-world challenges in the financial sector. This collaboration allows students to stay abreast of the market’s legal framework, products, processes, and technologies to gain a competitive advantage in the industry.”

An integral part of this endeavor is the access granted to students to the Finance Lab (simulation labs), providing a hands-on experience that bridges theory with practical application. Through these immersive experiences, students will be nurtured to evolve into versatile traders and astute portfolio managers, honing their skills in risk management in capital markets. In addition, NISM will provide online certification programs to students to aid their understanding of the complexities of financial markets.

Mr. Nasir Shaikh, Group Chief Executive Officer, The Lexicon Group of Institutes, EduCrack, &EasyRecruit+, stated, “The MOU with NISM isn’t just a partnership; it’s a catalyst for student empowerment and growth. By merging academic theory with real-world practice, this collaboration cultivates fertile ground for knowledge and expertise to flourish. It ignites curiosity, fuels ambitions, and illuminates the path to success. In a world where financial literacy is key, this MoU exposes students to vital sectors and instills saving and investing habits, ensuring they’re ready for lucrative finance careers.”

NISM also facilitated the Faculty Development Program and training services, enabling faculty to impart financial literacy and enhance corporate governance standards across various industries.

Dr. Manju Chopra, Director – PGDM, Lexicon MILE, emphasized the importance of skill development, stating, “Through this partnership, we aim to equip our students with the necessary skills to excel in the dynamic field of securities markets. This will lead to a generation of new-age professionals who are well-versed with the finance sector.”

Recognizing the pivotal role of finance in the wellness wheel, The Lexicon Group of Institutes integrates financial literacy into its school curriculum through interactive banking activities and celebrating Banking Day in schools. This ensures that students, from a very young age, develop saving habits and gain awareness of the financial world.

This collaboration marks a significant step towards providing valuable insights and practical knowledge, furthering The Lexicon Group of Institutes’ commitment to academic excellence and industry relevance.