BSE International Financial Olympiad

Updated on: Monday, December 10, 2012

For the little bankers, future stock market gurus and young minds with financial aspirations, here is an opportunity to hone your skills and test your grit. BSE Institute, in an effort to promote financial literacy within schools, recently launched the BSE International Financial Olympiad, a national level financial quiz competition . The initiative hopes to reach out to approximately 15,000 schools across India and aims to facilitate an interest in financial learning amongst children.

Elaborating on the concept, Ambarish Datta, MD and CEO, BSE Institute, says, "The importance of financial education has increased in recent years. Our goal is to promote the advancement, discovery, learning and application of sound personal financial and money management practices among the youth."

Organised in association with Eduheal Foundation, the Olympiad is open to students from class IX to XII, with a keen interest in economics, commerce, accounts and business studies. "The event is designed to encourage students to explore, discover, and learn about the financial world and develop essential analytical and problem-solving skills," adds Datta.

The competition is spread over city/state, national level . Students shortlisted in the first round will appear for an all-India online exam based on the syllabus of various state boards and the national curriculum framework. Of these, top 48 merit students will have the opportunity to compete in the quiz finals in Mumbai in February 2013. Datta explains, "There will be prizes for top three winners, each, from class IX, X, XI and XII. Apart from that, prizes will be awarded to principals and teachers for their support."

The event follows BSE's ongoing campaign in financial literacy that includes initiatives such as faculty development programmes, awareness seminars and training programmes for international universities, online stock market games and a simulation programme to help school children learn about money management, among others. "As children grow and insist on managing their lives, parents worry about their basic financial planning among other things. We feel that good money management practices, if inculcated at the school level, can help children emerge as financially responsible adults," concludes Datta.
 

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