CBSE partners with NSE for it’s new Financial Marketing Management course for Class 9 and 10

The CBSE had announced the introduction of a vocational course for Financial Marketing Management for classes 9 and 10, starting with the 2015-16 session. CBSE is collaborating with National Stock Exchange (NSE) for this. NSE will be conducting workshops starting June 20 to train teachers across 15,000 CBSE affiliated schools.

Here are some important snippets from the statement issued by 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 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.

> “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.”

> “Apart from class room lectures, students will get a feeling of web based modules as part of their practical sessions, spread over 60 hours.”

> “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.
 

Past Article> CBSE Introduces Financial Market Management Course in Class 9 and 10
 

In 2007, a joint certificate course had been introduced at the senior secondary school level, which is for classes 9th to 12th, with collaboration between CBSE and NSE. A lot of colleges and universities have already been offering BBA and MBA in Finance Markets, something that gives students the convenience to pursue further studies in the course.

The students of FMM will study two subjects in class 9 and 10, with 200 periods each. The exam will be a total of 100 marks, 60 of which go to theory and 40 for practical. Students will practice on various modules of NSE Learn to Trade (NLT), which is a web-based market simulation software.

NSE will conduct an online examination for this exam. The course is significant owing to the acute shortage of trained professionals in Banking, Financial Services, and Insurance (BFSI) industry.

About CBSE Vocational Courses

Vocational Courses offer programmes where students can learn practical skills related to specific job profiles and employment sectors. These courses teach students about the technical aspects and know how of specific jobs, helping them develop acumen for carrying out jobs in various fields.

Vocational courses are not mandatory for either students or schools. Therefore not all schools offer the vocational courses. Schools that offer vocational courses, can either offer them as an optional subject or a compulsory sixth subject.

Past Article> CBSE Introduces Financial Market Management Course in Class 9 and 10