Assistant Professor, School of Management, IMS Ghaziabad (University Courses Campus)
Topic:
Financial Literacy
Schedule Timing: 2:30 PM onwards
Number of Participants:
21
Venue: Mini Auditorium
Summary of the Event:
IMS Ghaziabad (University Courses Campus ) Research cell Organized Staff Development Program on 28th January 2023 . The Resource Person for the Programme was CFA. Abhinav Kataria. The speaker for the event has introduced the idea and importance of Financial Literacy in the modern world. Further he discussed about saving that every earner should do saving and consistent to that saving and earner should invest saving in 2 ways:
Use in buying assets
Use in valuable investment\
The Speaker has introduced the Concept of Financial Planning tools.
In Addition to that various investment avenues were also discussed.
PPF
Mutual Funds
Insurance
Stock Markets
The Speaker has also demonstrated how to read financial statements with the help of various web portals. The session ended with Question and Answer. Overall it was great learning for all. Information was also provided about the following investment options.
Bond issue by RBI
Real estate
Gold – Sovereign Gold scheme
Kisan Vikas Patra
He also told us that never invest only in one place and earner should make the basket of Investment so that risk is distributed. The session was attended by people from various departments like accounts, library, admission, lab, administration and registrar office. With an aim to help the staff members know about the various financial products, more such staff development programmes would be held in the future also.