MUMBAI: The University of Wollongong (UOW) in Australia, in collaboration with the NSE Academy, has launched a new book titled “Introduction to Corporate Finance (sixth edition)” at the National Stock Exchange (NSE) in Mumbai. The book, authored by first-year lecturers at UOW campuses in Hong Kong and Dubai, is poised to become a seminal work in understanding the complexities and nuances of the corporate finance landscape.
The book launch took place on the heels of UOW unveiling its India identity at GIFT City, Gujarat, on September 18 (Monday). The University is on track to being one of the first foreign universities to have a teaching base in India and to hand out Australian degrees to Indian students.
The event at NSE featured a discussion by MD & CEO, of NSE Ashishkumar Chauhan, UOW’s Vice-Chancellor and President Professor Patricia M. Davidson, Senior Deputy Vice-Chancellor Alex Frino, and Global Brand Ambassador Adam Gilchrist. The book includes a chapter that details how shares are traded on the National Stock Exchange.
On the occasion of the book launch, UOW Global Brand Ambassador and cricketing legend Adam Gilchrist interacted with the delegation from NSE and key Australian government officials and rang the ceremonial bell, signifying stronger Australia-India relations in trade, research, and education partnerships.
The University, which has a strong global presence, has been successfully operating campuses in Australia, Dubai, Malaysia, and Hong Kong. It will commence its India operations in 2024 with a Graduate Certificate in Computing and a Masters in Computing (Data Analytics), followed by other undergraduate programs. UOW already has close ties with over 30 Indian universities for research and educational collaborations in the areas of software development, advanced medicine solutions, molecular and life sciences, advanced manufacturing, cybersecurity, and mining technologies.
“India has made significant strides in maintaining a regulatory environment that is investor-friendly, a key factor in attracting more foreign investment into our vibrant markets. The ongoing reforms and initiatives, including the establishment of the GIFT City as a financial hub and IFSCA (GIFT City regulator), exemplify our commitment to nurturing global partnerships and welcoming foreign institutions, such as the University of Wollongong, to have a physical presence in India. It is an exciting time for India, and we are dedicated to embracing innovation, facilitating market integration with the global arena, and ensuring a prosperous future for both our domestic and international stakeholders,” said Ashishkumar Chauhan, MD & CEO, NSE.
“India’s remarkable rise in fintech and technological advancements in recent years, coupled with the surge in digital consumption, presents an ideal environment for international businesses to thrive. UOW’s physical presence in India signifies more than just a strategic move; it represents our commitment to fostering deeper research engagements with our Indian partners, resulting in impactful global outcomes. Our presence in India allows us to provide world-class education, nurturing India’s young population and contributing to their holistic development. It also aligns with our vision to expand our international footprint, strengthening our global network and creating a bridge for knowledge exchange,” added Professor Frino from UOW.
NSE Academy Limited is a wholly-owned subsidiary of the National Stock Exchange of India Limited (NSE). NSE Academy Limited enables the next generation of BFSI and FinTech professionals with industry-aligned skills – through capacity-building programs and certification courses, powered by an online examination and certification system. The courses are well-researched and carefully crafted with inputs from industry professionals. NSE Academy Limited works closely with reputed universities and institutions across India to build a competent workforce for the future of BFSI and FinTech. NSE Academy Limited also promotes financial literacy as an essential life skill among youngsters – a contribution towards financial inclusion and wellbeing.
Overall, the launch of the book and UOW’s expansion into India signify a strong commitment to fostering global partnerships and contributing to the development of the next generation of professionals in the BFSI and FinTech industries. With India’s dynamic equities market landscape and UOW’s expertise in corporate finance, this collaboration is poised to make a significant impact on the industry.