NBSE to impart financial literacy to secondary level students

Dimapur, March 13 (EMN): NSE Academy, a wholly owned subsidiary of India’s leading stock exchange National Stock Exchange of India Limited (NSE) and the Nagaland Board of School Education (NBSE) have joined hands to impart financial literacy to secondary level students throughout Nagaland. A press release from the broad on March 12 infromed.
From the 2017 session, it was informed that NBSE has made NSE Academy’s financial literacy course compulsory for the students of class IX, for all higher secondary schools under the board. The course is further extended to class X in 2018 session.
The financial literacy course called ‘Concepts of Financial Literacy’ has been designed by NSE Academy and will help in familiarizing students about the basics of finance and financial planning.
As part of the initiative, NSE Academy conducted a training of the teachers, who then teach the course to the students of classes 9 and 10 in NBSE registered schools.
For the 2018 academic session, one-day training was conducted in two batches for class 10 teachers and one batch for class 9 teachers, from March 7-9.
A total of 204 teachers from different schools registered with the NBSE have been trained at the board’s office in Kohima by NSE Academy faculty, Malhaar Majumdar.
Resource person dwelled on financial planning, investments, modern day banking, borrowing, financial markets, mutual funds, etc. The basics of economics were also taken up during the training. It is expected that more than 30,000 students will enroll for this course in 2018.
Chairman NBSE Asano Sekhose said that today’s children need to know more about finance if they are to plan for their future financial goals. They must imbibe the value of practical saving aspects and also enhance their investment capabilities if they are to be successful, she added. She believed this could be taken care of through such a course like financial literacy where their financial skills can be sharpened. She also encouraged the teachers to take this task of making children financially literate.