IIFL Foundation, the CSR arm of IIFL Group has announced its collaboration with FinX (ID Finxperts Skilling Foundation) to skill and train women graduates and make them ready to take up jobs in the banking, financial services and insurance (BFSI) sector. The objective is to increase the number of women professionals in the BFSI space.
Recently, its first batch of 200 women graduates were presented with the Chartered Financial Certificate after they completed the 250-hour long course. The topics covered included the practical aspects of banking, broking, investments, insurance and behavioural skills.
These women were also given training on NISM Regulatory Certifications which are mandatory for various roles across banking, broking, mutual funds and financial distribution companies.
About 15 leading colleges under Mumbai University and 45 leading BFSI companies have tied up to skill these students and get them placed in the BFSI sector.
Madhu Jain, director, IIFL Foundation sees this programme as a “meaningful contribution towards training first-generation girl students to be financially independent, through an industry-recognised certification (chartered financial expert) offered by FinX”.
Nisha Shah, director, FinX reveals that about “48 per cent of Indian women compromise on their careers to manage household responsibilities. This platform will give an opportunity to women who can start their own business of financial distribution and become financially independent and maintain a work-life balance.”
IIFL Foundation was established to facilitate and channelise all the CSR initiatives and interventions of the IIFL Group, including literacy programmes for rural girls and financial literacy and inclusion for the poor and vulnerable communities.
FinX works to create job-ready professionals and financial entrepreneurs for the BFSI Sector.