ENHANCING FINANCIAL LITERACY IN EDUCATIONAL INSTITUTIONS

The webinar, hosted by CISCE in collaboration with the National Centre for Financial Literacy, held on 8thAugust, 2023, proved to be incredibly insightful and valuable. Expert presenters highlighted the pressing need for financial education among school children, emphasizing its importance in shaping responsible and informed future citizens.

During the session, experts underscored the necessity of introducing financial literacy into the curriculum, seamlessly integrating it within existing subjects like Commerce and Accounts. This approach aims to empower students with practical knowledge that will prove essential in their personal and professional lives.

The webinar delved into the world of financial investments, shedding light on the associated risks and potential gains across various financial instruments, including banks, the stock market, gold, and mutual funds. This comprehensive understanding equips students to make informed decisions when managing their finances.

One notable recommendation from the experts was the inclusion of the "A Handbook of Financial Literacy," a publication by CISCE, in every library. This resource is poised to serve as a valuable guide for students, aiding them in further enhancing their financial knowledge and decision-making skills.

In response to inquiries, the presenters suggested that similar seminars could be conducted within schools, catering to students, teachers, and parents. These sessions can be flexibly organized either online or offline, aligning with the preferences of the participants.

The webinar left a lasting impression on the attendees, which included the Principal Mr. Francis Castelino and Vice PrincipalMr. S Bharti. Overall, the event proved to be an informative and practical platform, equipping educational institutions with the tools to impart essential financial knowledge to their students effectively.

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