Manipal institute setting up financial lab

By IANS   |   Thursday, 08 May, 2014
Bangalore, The T.A. Pai Management Institute is setting up a
financial laboratory at Manipal to provide its students online access to
financial information and stock market data from Indian bourses
beginning the ensuing academic year.

"The Rs.1-crore lab will
offer students pursuing post-graduate diploma in management in banking
and financial services hands on experience in investments and portfolio
management, forecasting, risk management and understanding of the global
financial management," institute director R.C. Natarajan said in a
statement Wednesday.

Manipal in coastal Karnataka is about 400km from Bangalore.

The
lab will have terminals of the global financial news agency Bloomberg
and data feed from Bombay Stock Exchange (BSE) and National Stock
Exchange (NSE) in Mumbai.

"The lab will also help students gain
knowledge by experimental learning process and bridge the gap between
theory and practice of finance. We want classroom lessons to be linked
to actual markets," Natarajan said.

In line with the practice of
Ivy business schools the world over having finance lab for their
management students, the Manipal institute lab is expected to improve
its industry interface with the financial sector.

"The lab will
make our students entrepreneurial and job-ready with better
understanding of the financial markets," Natarajan added.
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