Learning arm of ICICI Securities and IIM Kashipur have joined hands to provide management development programmes targeted at working professional desiring to enhance their financial skills.
In the partnership, ICICIdirect Centre for Financial Learning (ICFL) and IIM Kashipur, would provide short duration programmes of 2-3 days as well as executive education programmes of 1 year.
"The MoU intends to create a knowledge partnership between IIM-KP and ICFL. April onwards the programmes will be launched. Initially two programmes to be introduced, mostly for working professionals. People who are trying to cover skill gap are targetted," Vineet Arora, Head, Product & Distribution, ICICI Securities said here.
ICFL and IIM-KP have identified five programmes that will be introduced in Delhi, Mumbai, Bengaluru, Pune, Kolkata and Hyderabad.
"Certification for Financial Planning (CFP) and Chartered Wealth Management are the two programmes that will be launched initially. The programme fee would vary in the range of Rs 20,000-37,000," Neeraj Joshi, Head-ICFL told reporters.
Examination fee of Rs 8,000-15,000 will be charged separately by the certification body, he added.
He said the initiative is intended for long term executive programme and it will gradually move into other areas of learning as well.
It aims to capitalise individual resources. Leverage individual reach and market strength and academic excellence based on industry relevance are the motives of the programme, he added.
"We feel that this is a strategic and a long-term partnership. It aims to bridge the gap between education and industry.
"This association would help us reach out to learners across the country and also continuously upgrade content based on industry and market feedback," Mudit Kulshreshtra, Professor and Chairperson-Corporate Relations, IIM-KP said.
Arora said ICFL and IIM-KP have equal partnership in running these programmes that will be conducted both via classroom and e-learning method.
ICFL and IIM-KP would jointly identify the training and education needs of the target participants so as to devise market relevant programmes, Joshi said.
ICFL is present in the financial learning space for over three years now. It also runs StockMIND programme aimed at college students to help them sharpen investment skills.
