The alliance will be centred on skill development, collaborative research, internships and practical projects bridging the gap between curriculum studies and industry requirements. CDSL Managing Director and CEO Nehal Vora emphasised that the alliance is a move towards building India's finance ecosystem stronger and gearing up the next generation of finance professionals.

By integrating CDSL's industry knowledge with the academic knowledge of IIM Mumbai both organisations seek to contribute towards India's economic growth. The collaborative efforts will comprise research articles, case studies, consulting assignments and expert sessions to enable students and professionals to acquire practical financial knowledge.

The MoU will expose students to real-world financial difficulties and contribute to the development of a professional personnel pool for India's expanding financial sector according to Professor Manoj K. Tiwari who is the director of IIM Mumbai. The partnership will also support research in risk management and strategic decision-making with CDSL executives actively engaging with IIM Mumbai’s academic community.

CDSL and IIM Mumbai will jointly publish whitepapers and research that offer actionable recommendations for the financial sector.