Financial Literacy

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The chief guest given various inputs by began with the quote – “An Investment in knowledge gives the best interest”. The lecture focused on the many crucial aspects of savings and making investments. He also stressed on effective management of finances by highlighted that finance is the key blood and backbone of every industrial/individual operations. He given tips on how to resist temptation and of buying commodities based on urgency and importance. He also spoke about ‘Smart Borrowing’ which comprises the awareness on charges, needs and credit history. He also gave an detail insights by comparing ‘Savings Vs Investment’ by citing various investment avenues. He quoted that – “making investment is a habit and not a skill”. The session ended with a video that helped the students gain a overview about the Mutual Funds. He spoken on the importance of being a prudent saver at a younger age. The chief guest explained with practical examples on how money multiplies and one can earn lucrative returns if investments are done at a young age. He made clear with the students to understand the basics to grow and to become an asset to their parents. He covered to the students that people use financial statements of companies to obtain valuable information for making important decisions relating to investment, finance, business dealings etc. He also suggested that more openings for students who specializes in the field of finance and to excel in their career. The session was eye opener for all the MBA students especially those who chosen finance specialization and overwhelming response by and large.