The Pakistan Stock Exchange (PSX) Lahore Regional Office and Government College University Lahore signed a memorandum of understanding (MoU) for the cooperation in providing financial literacy and training to the university students about the functioning of capital markets and their role in economic development through hands-on experience.
GCU Vice Chancellor Professor Dr Asghar Zaidi and Pakistan Stock Exchange Limited Regional In-charge Sarmad Hussain signed the six-point accord at a graceful ceremony organized by the GCU Directorate of Academic Planning and External Links (AP&EL) at the University’s Syndicate Committee Room. GCU Registrar Dr Shaukat Ali, Treasurer Abid Shahzad, Deans Professor Dr Raiz Ahmad and Professor Dr Sultan Shah, and Department of Commerce & Finance Incharge Nosheen Rashool were also present.
According the 6-point accord, both the institutions have agreed to launch a joint seminars, training and conferences about the role of capital markets in world economy.
Speaking on the occasion, Sarmad Hussain laid stress on mass awareness campaigns among youth about capital markets, saying that less than one percent of Pakistan’s population had knowledge about functioning of Pakistan Stock Exchange. He said that PSX would organize minimum two special free-of-cost training sessions bi-annually for GCU students.
Vice Chancellor Professor Dr Asghar Zaidi said universities must capitalize opportunities to provide applied skills and technical knowledge to its students. He said that USA, Chinese and Korean universities occupy the top positions in ranking of world universities due to their strong linkages with high technology industries and leading organizations. He appreciated the GCU Department of Commerce & Finance for actively working with PSX for training of students and updating curriculum and pledged towards strengthening this department for the public policy research and teaching.