NSE partners with Goa to introduce financial literacy courses in schools

The National Stock Exchange (NSE) on Friday said it has signed an agreement with the Goa Board of Secondary & Higher Secondary Education under which the bourse will introduce financial literacy courses in the state's high schools starting from class 9.

For the current academic year, students of class 11 will start learning, while the students of class 9 will commence from the academic year 2016-17. To facilitate a smooth roll out, the stocks and derivatives marketplace has started two-day-long teachers training programmes in Goa.

Close to 2,000 class 11 are expected to benefit from this tie-up in the current year. From the next academic year, around 40,000 students are expected to participate.

On completion of the course, NSE will conduct an online computer-based or offline paper-based objective-type examination. A certificate will be issued by the state board of school education and NSE to students who pass the test.

"We believe that creation of financial awareness is the key towards wealth creation. The current initiative will help to create basic awareness among school children about importance of managing financial aspects in life," Ravi Varanasi, chief business development officer at NSE said in a statement.

Earlier, the stock exchange has signed similar agreements with Tamil Nadu, Gujarat, Himachal Pradesh and others.