The TIRUCHI Center for Financial Markets, Department of Business and Financial Studies, Bharathidasan University, exposed students to the potential of a successful career in financial engineering, by organizing Financial Literary Week celebrations, last week .
By teaming up with NSE Academy Limited, Chennai, the department has enabled an interface between students and experts on emerging topics of interest.
The very reason for launching Financial Literacy Week by the Reserve Bank of India was to promote financial literacy, with a focus on raising awareness of the convenience of digital transactions; security of digital transactions; and client protection, said Mr. Selvam, coordinator of the Financial Markets Center, professor and head of department.
Presiding, Mr. Selvam, Vice Chancellor of Bharathidasan University, advised the students to develop the quantitative aspect of learning to achieve the goal of financial literacy.
S. Ranganathan, Chief Director, NSE Academy Limited, in his keynote address said that financial education initiatives have been taken by the Academy in the areas of financial education for a wide range of students and professionals from schools and colleges through various programs.
Senthil Murugan, Senior Director, National Stock Exchange of India Limited (NSE), Chennai, in his talk on ‘Demystifying Investments’, explained the different asset classes ranging from term deposits to equities. He advocated investment decisions after analyzing company fundamentals and believed that the systematic mutual fund investment plan was the best way to start investing.
Vinodh James, Director of NSE Academy Limited, in his lecture on “Go Digital Go Secure”, said that the payment system enabled by Aadhar was a measure to bring banking services to the doorsteps of illiterate people. He pointed out that digitalization is the main driver of financial inclusion.
S. Iyyampillai, Senior Professor (Retired), Department of Economics, Bharathidasan University, discussed “Analytical Approach to Understanding Union Budget – 2022”. Understanding the budget was necessary for all citizens as it impacted them through taxes, development and inflation.