NBSE informs on foundation course in financial management

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Dimapur, June 26: The Nagaland Board of School Education (NBSE) in collaboration with the National Stock Exchange of India Limited (NSE) is imparting financial management course to higher secondary level students in commerce stream from the academic session 2014. One paper i.e. Financial Markets in Class XI and Capital Markets in Class XII, as an elective subject is being introduced from the academic session 2018 for both Commerce and Arts streams.
The course of Foundation in Financial Management (FFM) has been designed by NSE Academy to familiarize students about the basics of financial markets, financial statements, working of mutual funds and capital markets.
The higher secondary schools who have opted this course in Class XI from academic session 2018 are Fernwood School, Kohima; Model Hr. Sec. School, Kohima; Northfield, Khikha; Straightway Hr. Sec. School, Mokokchung; Pranab Vidyapith Hr. Sec. School, Dimapur; Govt. Hr. Sec. School, Tizit and Woodland Hr. Sec. School, Zunheboto.
NSE Academy conducts training of the teachers, who then teach the course to the students of Class XI and XII. For the 2018 academic session, a two days training is underway for Class XI teachers from the above schools on June 25&26 at the Board’s office with Arindam Bhakshi from NSE as the resource person.
During the twos day training, the teachers will be briefed on how to transact the FFM curricula in the right perspective. The training will also focus on markets and financial instruments, types of financial markets, financial statements, mutual funds, exchange traded funds (ETFs) etc. The teachers will also be enlightened on the working of the Stock Exchange through a mock trading.
Till date 237 students from 5 schools have enrolled for this course in 2018 academic session. Asano Sekhose, chairman, NBSE said that the Board has taken this initiative so that our students learn about finance and practical aspects of savings and investments at an early age. She hoped that more schools and students will come forward in this initiative of empowering the students with responsible financial behavior.
(Page News Service)