Shillong: In a groundbreaking move poised to transform the economic landscape of Meghalaya, the Indian Institute of Management (IIM) Shillong has teamed up with the Association of Mutual Funds in India (AMFI) to launch a strategic partnership aimed at tackling financial literacy challenges across the state. This unique collaboration, formalised through a memorandum of understanding, will create a network of certified financial literacy trainers from among IIM Shillong students, who will spearhead a sustained campaign to empower citizens with essential financial knowledge.
The initiative is not a typical internship; it’s a long-term capacity-building exercise designed to create lasting change. Initially starting in Shillong, the programme will eventually be rolled out to all 12 districts of Meghalaya, ensuring a wide-reaching impact. Students from the prestigious B-school will undergo a rigorous two-tier certification process, beginning with the SEBI Investor Certification (Level I) and culminating in the NISM V-A Certification (Level II). This will equip them with the necessary credentials to become effective educators.
Prof Naliniprava Tripathy, Director (I/c) of IIM Shillong, highlighted the dual benefit of the partnership, stating that it will produce “certified ambassadors” who will drive lasting change while also enhancing the curriculum and practical learning for the students. The integration of AMFI certifications into the academic framework positions IIM Shillong as one of the first academic institutions in the country to formalise such an extensive collaboration with the apex mutual fund body.
This programme is a significant step towards the ‘Viksit Bharat’ vision, specifically targeting regions where financial inclusion has historically been a challenge. By providing practical, hands-on experience in financial education at no cost to the students, the initiative breaks down a major barrier to professional development. Ultimately, this collaboration will bridge the gap in financial services and investment knowledge, empowering the people of Meghalaya and contributing directly to the state’s economic development.
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