Mumbai: Top bourse NSE will begin workshops on June 20 to train teachers across 15,000 schools with respect to Central Board of Secondary Education's (CBSE) financial education course for students.
The CBSE would introduce financial market management as a vocational course for class IX and X students from current academic session. The course is being offered in collaboration with the National Stock Exchange (NSE).
"India's leading stock exchange, National Stock Exchange of India (NSE) has joined hands with CBSE to give young students of class IX and X, their first formal lessons in the world of finance," the stock exchange said in a statement.
In this regard, the first batch of teachers would be trained on June 20, 2015. The course is expected to cover around 15,000 schools under CBSE and would begin from July, it added.
"The course will help spread financial literacy that will create stronger roots and will ultimately transform India as a strong economic super power", NSE managing director and CEO Chitra Ramkrishna said.
Financial market management would be introduced as a vocational course under the National Skills Qualification Framework (NSQF) at Level I and Level II.
The syllabus for the course includes a wide array of topics starting from evolution of money to budgeting. Once completed, NSE and CBSE would issue a joint certificate.
"Apart from class room lectures, students will get a feeling of web based modules as part of their practical sessions, spread over 60 hours," NSE said.
"The vocational course will also help students to vertically aim at higher level courses related to financial markets. The students would study two subjects in class IX and X for 200 periods each," the statement added.
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