Importance of Financial Planning & Investment
NISM workshop in association with Kotak Securities
On February 16–17, 2024, Jagan Institute of Management Studies hosted a two-day NISM workshop on the "Importance of Financial Planning & Investment" for PGDM Finance Specialisation students. The programme was conducted by NISM in association with Kotak Securities and had as its main focus on awareness on financial planning and investment. The speakers of the workshop was Mr. Mukul Jain who is an empaneled Faculty/Resource Person--NISM, SEBI, CDSL and a corporate trainer.
The session aimed to equip students with the necessary knowledge and skills to navigate the complexities of investment in capital markets and lay a strong foundation for their future financial well-being. The importance of financial planning was underscored as a proactive approach towards achieving financial goals and securing financial freedom. Emphasis was also placed on capital markets instruments such as IPO, stocks, mutual funds, ETFs, REITS etc. highlighting the significance of awareness on market fundamentals, risk tolerance, and emphasized diversification to spread risk across different assets and sectors. They learned about various investment vehicles, such as stocks, bonds, mutual funds, and the power of compounding returns in building long-term wealth. The workshop also focused on the importance of market awareness and well-informed decision-making, giving students the skills they need to analyse investment opportunities, gauge risk, and make well-informed decisions based on their understanding of markets, financial goals, and risk tolerance, as well as fundamental stock analysis. As the session drew to a close, participants engaged in a dynamic Q&A session, seeking personalized answers to their financial inquiries and gaining valuable insights tailored to their investment interests. Overall, the session served as a catalyst for empowering students to take charge of their financial futures, instilling a sense of financial responsibility and providing them with the knowledge and tools necessary to achieve financial success in their academic and professional endeavors.