In a significant push towards enhancing financial literacy among the youth, Patna University's Magadh Mahila College (MMC) successfully conducted a day-long national workshop this Wednesday. The event, centered on the theme of "financial empowerment through investment," attracted an enthusiastic gathering of more than 400 students and faculty members, all eager to decode the world of informed financial planning.
Expert Insights on Building a Secure Financial Future
The workshop served as a crucial platform for disseminating practical knowledge on wealth creation. Delivering the keynote address, Suryakant Sharma, a senior consultant with the Association of Mutual Funds in India (AMFI), underscored the critical role of investments in ensuring future monetary safety. He navigated the classic risk-return paradigm, advising the young audience that while higher risk can lead to higher returns, the key lies in diversification. Sharma cautioned against putting all eggs in one basket and discouraged over-dependence on traditional avenues like insurance or fixed deposits, which may not always beat inflation.
He offered actionable advice, urging participants to read investment documents meticulously, commit to long-term horizons, and make choices aligned with their individual financial capacity.
Practical Guidance from Market Regulator SEBI
Adding a regulatory perspective to the discourse, Ravi Jaiswal from the Securities and Exchange Board of India (SEBI) elucidated various investment opportunities available for maximizing gains. His session moved beyond theory, providing concrete, practical guidance on the 'where' and 'how' of investing. This structured approach equipped attendees with a clearer roadmap for systematic wealth creation, demystifying the processes of the financial markets.
College Leadership Highlights Program's Importance
The event commenced with MMC Principal N P Verma extending a warm welcome to the participants and distinguished guests, outlining the workshop's vital importance in today's economic landscape. Organising secretary C C Chunna further elaborated on the core objectives behind the program, highlighting how informed investment decisions are foundational to achieving long-term financial security and independence.
The workshop concluded on a high note, with convener Surendra Kumar Prasad proposing a formal vote of thanks. The overwhelming participation and engagement marked this initiative as a substantial stride in promoting financial empowerment and literacy among the student community in Patna, potentially shaping a more financially savvy generation.
