NSE, CBSE: Financial Education For Students

The National Stock Exchange (NSE), in association with the Central Board of Secondary Education (CBSE) will soon start a course in financial education for students from Classes IX and X.

The financial market management course will be introduced as a vocational course from the current academic session.

Before the course begins, the financial body has invited teachers from across 15,000 schools in India, including Delhi, for training in financial education. Training for teachers will start from June 20, 2015 and 200 school principals have already agreed to participate in the workshop.

According to the NSE, the course is aimed at empowering a person to make informed judgments and decisions regarding the use and management of money.

From The Hindu

“The course will help spread financial literacy, which will create stronger roots and ultimately transform India as strong economic super power,” the NSE said in a statement.

The first batch of teachers will undergo training at the NSE head quarter in Mumbai. Financial market management will be introduced as vocational course under the National Skills Qualification Framework (NSQF) at levels I and II. The syllabus for the course includes evolution of money, budgeting, etc. Once completed, the NSE & CBSE will issue a joint certificate.

“Apart from classroom lectures, the students will get a feeling of web-based modules since a part of their practical sessions will be spread over 60 hours. The vocational course will also help students to vertically aim at higher-level courses related to financial markets,” the statement added.

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