Third Convocation of NISM at IMC, Mumbai

National Institute of Securities Markets (NISM) held the 3rd convocation for its outgoing batch of School for Securities Education(SSE) on 30th September, 2013 to facilitate the successful students of the three programmes–Post Graduate Programme in Securities Markets (PGPSM), Certificate in Financial Engineering & Risk Management (CFERM) and the Certificate in Securities Laws (CSL). The event was held at Walchand Hirachand Hall, Indian Merchants’ Chamber, Opp. Churchgate Railway Station, Mumbai.

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From left: Dr. Sunder Ram Korivi, Dean – SSE, introducing the dignitaries at the Convocation. Shri.Sandip Ghose, Director – NISM, Dr. K. C. Chakrabarty, Deputy Governor – RBI, Shri. R. K. Agarwal, WTM- SEBI & member of Board of Governors – NISM and Shri. G. P. Garg, Registrar – NISM are seated on the dais

Dr. K. C. Chakrabarty, Deputy Governor, Reserve Bank of India was the Chief Guest for the occasion. Shri. Rajeev Kumar Agarwal, WTM, SEBI represented SEBI and was Presiding Officer at the ceremony. He is also a member of Board of Governors, NISM.They were accompanied by Shri. Sandip Ghose, Director, NISM and Shri. G. P.Garg, Registrar, NISM on the dais. Shri.Agarwal facilitated the Chief Guest, Dr. Chakrabarty by presenting him a bouquet of flowers while Shri. Sandip Ghose presented a bouquet to the presiding officer, Shri.Agarwal. The function commenced with the rendering of the Sarasvati Vandana.

Shri.Sandip Ghose delivered the welcome address and thumbed through the various developments at NISM over the past one year. He specifically outlined the structure of NISM into 6 schools and the activities of the 4 major programmes – PGPSM, PGCSM, CFERM& CSL.

Third Convocation

Shri. Sandip Ghose delivering the welcome address to various dignitaries, students and the patrons of NISM on the occasion

He expressed NISM`s intention to launch a certificate program for Independent Directors of Asset Management Companies under its School for Corporate Governance (SCG). He welcomed the dignitaries present on the occasion including Shri. R.K. Dubey, Chairman & Managing Director, Canara Bank, Shri. Mohan Subramaniam, Principal, SBI Staff College Hyderabad and others.

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PGPSM batch topper, Shri. Kaushal Patel receiving an Honorarium &cash award of Rs.1 lakh from Shri. Mohan Subramaniam, Principal – SBI Staff College Hyderabad

The welcome speech was followed by the distribution of certificates to the successful candidates of CFERM, PGPSM & CSL. Shri.Subrananiam awarded the best student in PGPSM award to the batch topper Shri. Kaushal Patel by presenting him with an Honorarium, Gold Medal and SBI sponsored cash award of Rs.1 Lakh.

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CFERM batch topper, Shri. Kaustubh Padwal receiving an honorarium, citation and cash award of Rs.50 Thousand from Shri. R.K. Dubey, Chairman & Managing Director, Canara Bank

Shri. Dubey awarded the best student in CFERM award to the batch topper Shri. Kaustubh Padwal by presenting him with an Honorarium, Gold Medal and Canara Bank sponsored cash award of Rs.50 Thousand.

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CSL topper Shri. Vikram Agarwal receiving the certificate of merit by Dr. K. C. Chakrabarty, Deputy Governor, RBI

Dr. Chakrabarty awarded the best student in CSL award to batch topper Shri. Vikram Agarwal and presented him with the certificate of merit.

Dr. Chakrabarty delivered the Convocation Address and congratulated the proud youngsters for commencing on another journey of life to face the brave world outside and expressed his belief that NISM has prepared them well for it.  He hailed SEBI for its guidancein ensuring that the country`s Stock Exchanges met global standards –both in technology as well as value for investors.

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Dr. Chakrabarty addressing the convocating students with his insights on Securities Markets & their significance as professionals in its development

He also expressed his unhappiness over Indian Investors` disinclination towards investment in Securities Markets as regards to traditional instruments like gold,silver, land etc. He further addressed the students and remarked that, the skills, knowledge and values amassed during their time at NISM should be utilized to educate the people and disseminate the right information in the Securities Markets.

Shri. Agarwal delivered the Presidential Address and congratulated the successful students of the outgoing batch of NISM. He expressed his foresight that India is on the threshold of becoming a developed nation and applauded the nation`s ambition to grow at a rate higher than 9% per annum. He also expressed his discontent over the prevalent difficulties in the mobilization of resources.

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Shri. Agarwal, in his presidential address, articulating the challenges facing the Securities Markets and country`s need of the hour for qualified & skilled manpower from institutes the likes of NISM

He opinionated that these difficulties hinder the country`s efforts to realize the desired productivity level required to achieve the high rate of growth. In this direction efforts are afoot to create the infrastructure and manpower required to drive the growth.It is thus NISM, which is offering its leadership to nurture and nourish the country`s manpower to world standards.

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Shri. G. P. Garg proposing the vote of thanks to the Chief Guest, Presiding Officer, Director, other dignitaries present on the occasion and various bodies for the support they have extended to NISM

Shri. G. P. Garg proposed the vote of thanks and began by expressing his gratitude to Dr. Chakrabarty for his truly inspirational speech. He appreciated Shri. Agarwal`s insights and perspectives on Capital Markets and thanked him for his guidance as the Governor of NISM. He lauded the various parties including Shri. R. K. Dubey & Shri. Mohan Subramaniam,SEBI & its staff, ICICI Bank, NSE, BSE, MCX, NSDL, CDSL among others for their gracious & continued support to NISM.

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A glimpse of the audience

The occasion saw enthusiastic participation from students’ parents, Securities Markets professionals and industry leaders. A sumptuous buffet was organized to bid farewell to the successful students of NISM which concluded the event.