Motilal Oswal Foundation and IIT Bombay collaborated to create the Motilal Oswal Knowledge Center, which will be located on the school's campus. The Motilal Oswal Foundation has committed a considerable INR 130 crore to support the building of academic infrastructure and the development of a financial markets program at IIT Bombay as part of this collaboration.

The MoU states that a ~1 lakh–1.2 lakh sq. ft. Motilal Oswal Knowledge Centre will be established on the campus of IIT Bombay. This academic building will act as a center for cutting-edge research facilities, labs, and collaborative areas. The Motilal Oswal Centre for Capital Markets (MOCM) at IIT Bombay will leverage domain knowledge from disciplines including mathematics, computer science, artificial intelligence, finance, economics, management, and operations research.

“The Motilal Oswal Knowledge Centre will be a significant milestone in IIT Bombay's efforts to scale new heights of global excellence. This generous donation will help us modernize and advance our infrastructure, essential for fostering ground-breaking research. The establishment of the Motilal Oswal Centre for Capital Markets marks a pivotal moment for IIT Bombay. This initiative will not only elevate the institute’s stature in financial education but also solidify its position as a leading hub for nurturing the next generation of financial market leaders. It aligns perfectly with our broader vision of scaling new heights of global excellence and contributing to India’s leadership on the global stage. We are immensely grateful to Motilal Oswal Foundation for their visionary contribution,” said Prof Shireesh Kedare, Director of IIT Bombay.

MOCM intends to provide graduate, undergraduate, and postgraduate courses in financial markets. Additionally, the center hopes to provide flexible online postgraduate diplomas that are available to professionals all around the world. cited the news release.