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Workshop on Financial Literacy

A financial literacy workshop was conducted at Army Public School, NOIDA, on 27 September 2024, for students in Classes IX and XI-XII, aimed at enhancing their financial awareness. The resource person for the workshop was Dr. Swati Sharma, an accomplished Assistant Professor at IMS Ghaziabad, who holds a Ph.D. in Finance and possesses over a decade of teaching experience. Dr. Sharma is recognized for her ability to simplify complex financial concepts, making her an ideal speaker for the session.

The primary objective of the event was to educate students about the importance of responsible financial management. Dr. Sharma emphasized that financial literacy involves making informed decisions regarding budgeting, saving, and investing, which are essential for achieving financial independence and security. She highlighted the significance of establishing emergency funds, differentiating between needs and wants, and effectively managing debt.

An interactive game was conducted to demonstrate the concept of risk-taking in finance, in which students participated enthusiastically by making decisions based on hypothetical scenarios. Those demonstrating strong decision-making skills were rewarded with gifts, illustrating that calculated risks can lead to positive outcomes. All participants received a certificate of participation from IMS Ghaziabad.

The workshop concluded with a lively Q&A session, during which students posed insightful questions regarding financial planning and investment opportunities. Overall, the workshop provided students with a solid foundation in financial literacy and motivated them to make informed financial decisions.