Tamil Nadu - Coimbatore   

Be open to change, students told

Staff Reporter

IT FOR COMMERCE: Vice-Chancellor of Bharathiar University G. Thiruvasagam handing over a souvenir to Sunitha Anand, Manager of National Stock Exchange of India Limited, Chennai, in the city on Tuesday. - Photo: M. Periasamy

COIMBATORE: Sunitha Anand, Manager of the National Stock Exchange (NSE) of India Limited, Chennai, has asked students to be open to change and well equipped to make them marketable in the competitive world.

"The Stock Exchange has seen tremendous success thanks to Information Technology (IT). The screen-based system has made the whole process into a single order book seen by people at large as a transparent system. This has led to an exercise in confidence-building and at the same time enables people to make money at the end of the day," she said inaugurating a two-day conference on "Recent Trends in Financial Sector Reforms and Information Technology" organised by the Department of Commerce of the Bharathiar University here on Tuesday.

She asked students and faculty of the department to register and take up modules offered by the National Stock Exchange's Certification of Financial Markets, to know the do's and don'ts and the risks involved in trading on the NSE. This would not only make the students well equipped for a job, but also would make them well-informed investors, she noted.

Vice-Chancellor G. Thiruvasagam said: "The commerce stream requires a total change in outlook. It lacks in application orientation. Though the commerce students learn the aspects of manufacturing, marketing and distribution in the subject, they are not taught skill development. They are unable to become good entrepreneurs or compete on a par with students from other streams in campus interviews."

Underlining the importance of IT, he told them that without adequate exposure to IT, commerce graduates could not excel in their area of work. He lamented that 82 per cent of those who got jobs in banks were from non-commerce background.

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