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The Manipal-based TA Pai Management Institute (TAPMI) will set up a finance lab at an estimated cost of ₹1 crore at its campus in Manipal.
Quoting RC Natarajan, Director of the institute, a press statement said here that the lab will provide hands-on experience in investments and portfolio management, forecasting, and risk management to the students of PGDM (post-graduate diploma in management) in banking and financial services. The lab will be operational during the academic year 2014-15, it said.
The lab will be useful to help the students gain relevant knowledge by experiential learning process. “The objective is to bridge the gap between theory and practice of finance. We want classroom lessons to be linked to actual markets,” he said.
With this lab, TAPMI expects to improve its industry interface with the finance sector. The lab will be equipped with Bloomberg terminals and supported by data feed from the BSE and NSE, the statement said.
Natarajan said that the students going through this process will be entrepreneurial, job-ready and have deeper understanding of the realities of financial markets and institutions.
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