Seminar with Heads of Institution for FMM Course held


Dimapur, June 5: A one day seminar with the Heads of Institutions for Financial Market Management Course cum Certificate distribution for Financial Market Management Course was held on June 3 at Capital Convention Centre, Kohima with Menukhol John, Principal Secretary to the Government of Nagaland, School Education & SCERT as Special Guest. He said that Naga Society lack in Financial Literacy and yet to realize the importance of Financial Market Management (FMM). He urged the students to take up Financial Literacy at young age to be successful in life.
The programme was organized by National Stock Exchange (NSE) Academy Limited and Nagaland Board of School Education (NBSE). He lauded the NSE Academy Limited and the NBSE for organizing the seminar. He also congratulated the schools and teachers for introducing FMM as part of syllabus. He also reminded the gathering that acquisition of financial skills should start from whatever one is doing. With this skill and by using creativity, one is sure to succeed in whatever one does.
Abhilash Misra, Chief Executive Officer, NSE Academy Limited in his address as Guest Speaker said that everyone should know the basic skill of Financial Literacy as it has become essential for foundation skill. He called upon the students to acquire financial skill even though they may not be from commerce background. He also challenged the students to be future ready if they want the future to belong to them.
Misra also encouraged the students to be skillful beyond the textbook and also stressed on the need to possess the knowledge of earning, saving, securing future life after retirement and others. He also opined that there appears to be a gap between academics and skills. Financial Literacy skills to a great extent can bridge this gap.
Avik Gupta, Senior manager, NSE Academy Limited spoke on Financial Market employment potential, scope of Financial Market skills, career opportunities of FMM, role of NSE Academy Limited in promoting financial education and salient features of FMM for the students.
Asano Sekhose, Chairman, NBSE in her keynote address said that Financial Literacy and Foundation in Financial Management is an essential life skill which should be acquired by everyone irrespective of jobs, profession, rich and poor. She said without the knowledge of economy or finance, one would be handicapped.
Understanding the need to inculcate and promote the knowledge of finance amongst the students, the Board in collaboration with NSE introduced the course for Class IX from the academic session 2016 on a pilot basis in some selected schools in Kohima, Mokokchung and Dimapur districts.
Acknowledging the importance of the course, the subject of Financial Literacy has been made compulsory for all Class IX students from the academic session 2017. The course was further extended to Class X from the academic session 2018.
Till date, 31142 students have received the Class IX Pass Certificate and 9562 students have received the Class X Pass Certificate. The enrolment for the academic session 2019 is 13157 in Class IX and 10248 in Class X.
Financial Market Management (FMM) course was introduced in 2014 as elective subjects in Commerce stream and from 2018 it was extended to Arts stream also.
Till date, 79 students were given NCFM Certificates jointly issued by National Stock Exchange Academy Limited and Nagaland Board of School Education.
Earlier, the programme began with an invocation by Fr. George Antony, Principal, St. Xavier Hr. Sec. School, Jalukie and words of experience were shared by Manoj Bhattacharjee, Principal, Pranab Vidyapith Hr. Sec. School, Dimapur and Benjongnengsang Longkumer, Teacher, Model Hr. Sec. School, Kohima.
Aseü Rüpreo from Model Hr. Sec. School, Kohima presented a song enthralling the audience one and all.
The programme was attended by Mission Director, Samagra Shiksha, Director, SCERT, Director, School Education and the Heads of institutions from 120 schools.
90 students of Class XI from Model Hr. Sec. School, Kohima and Fernwood School, Kohima opting for FMM Course this academic year also attended the seminar. (Page News Service)