Srinagar, June 12: Bringing laurels to Kashmir University,two students of KU have topped the Association of Mutual Fund Industry (AMFI) examination from Kashmir division.
In a statement here today the varsity said two students namely Umer Mushtaq Lone and Irshad Ahmad Malik from Department of Business and Financial Studies (DBFS) have secured first and second ranks respectively in the exam from Kashmir division.
The results of AMFI exam —conducted by Indian Institute of Capital Markets— were announced Friday.
The AMFI advisory module test was conducted in DBFS on May 29.
Head DBFS, Prof Nazir A Nazir said the department managed test center in the campus to facilitate examination for the students.
“The extra certification programme like AMFI increases employability skills of the students,” he added.
Of the 21 students of DBFS who had appeared in the exam, 19 secured certification.
“This certification would enable students of MFC of the varsity to work as Independent Financial Advisors (IFAs).”
“Large distributors of financial products — banks and advisors with all India reach — have high demand for AMFI certified professionals.”
“AMFI advisory module is more advanced course for Mutual Funds aimed at making the learner a professional in the Mutual Fund industry” said Dr. Khursheed A Butt, professor at DBFS.
“This is the mandatory course for entrepreneurs intending to take up distribution of Mutual Fund products as a business opportunity,” he added.
He appreciated the role of placement officer in managing AMFI center in the campus. 
To mention, AMFI is dedicated to developing Indian Mutual Fund Industry on professional, healthy and ethical lines. It is also aimed at enhancing and maintaining standards in all areas with a view to protecting and promoting interests of mutual funds and their unit holders.

Lastupdate on : Sat, 12 Jun 2010 21:30:00 Makkah time
Lastupdate on : Sat, 12 Jun 2010 18:30:00 GMT
Lastupdate on : Sun, 13 Jun 2010 00:00:00 IST