As per the latest reports, the Mumbai University’s School of Economics and Public Policy (MSEPP) will soon be having a separate centre for research and training in finance, with the help of the donation of Rs.5 crore. The MSEPP is an autonomous entity of the University of Mumbai (MU) which was formerly known as the Department of Economics. In 2017, along the lines of the Delhi School of Economics, the autonomous economics department was relaunched as MSEPP to facilitate research and policy interventions. The school has also collaborated with many state government programs to introduce and assess the efficacy of government schemes.
AS Dave, who is an alumnus of the department and former chairman of the Unit Trust of India, has donated Rs. 5 crores to build and grow a centre for financial research and training. The director and professor of Mumbai University’s School of Economics, Mala Lalwani, said that the centre will be set up at the Kalina campus of the University at the earliest. He has updated that the cheque has been deposited already and that they have got the Corpus. Now all that is left is to figure out the university’s formalities to get the centre underway.
According to Mala Lalwani, this donation and support of Rs. 5 crores would help the research and training centre in merging with industry and conducting financial sector analysis. In addition to this, various certificates and diploma courses in emerging areas of data analysis, quantitative finance and market analytics will also be offered by the centre.
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Mala Lalwani’s donation of Rs 5 crores in order to provide financial aid to build a financial research and training centre in Mumbai University’s School of Economics, is a contribution for the society. Such contributions and donations are necessary during these trying times.
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