FINANCIAL MARKETS MANAGEMENT

Class IX / Subject Code - 405
Financial skills particularly in the 21st century are as important as computer skills. It empowers a person to take informed judgments and decisions regarding the use and management of money.

Course Objective

In this course, the students will be introduced to the fundamental concepts of Financial Markets Management (FMM) and the career opportunities available in this field. This course provides an insight to the students regarding various issues associated with business.

Course Features

Career opportunities – Students can acquire employable skills for life and virtually there is no retirement. They can be employed in Banks, Mutual Funds, Stock Market, Currency Market, Commodity Market, Teaching, KPOs, and BPOs etc. in BFSI (Banking Financial Services & Insurance) sector
Instructor
Financial skills improves the quality of life and standard of living by promoting budgeting, disciplined savings, intelligent use of credit for buying home, children’s education & marriage, retirement planning etc

Course Content

Evolution of money
History of money
Money as a medium of exchange
Bartering
Use of currencies as money
Functions of money,
Medium of Exchange,
Standard of Value or a Unit of Account
Store of Value
Setting Goals
Analyzing Information
Creating a Plan
Implementing the Plan
Monitoring & Modifying the Plan
Income / Incoming money
Taxes and other deductions
Fixed Expense
Variable Expenses
Building your own Budget
Pay yourself first (P.Y.F)
What is a Bank, What does it do?
How to open a Bank Account?
How to deposit and withdraw cash from a bank?
What are the bank account holder’s documents?
Types of bank accounts?
What is electronic banking

What is disposable Income and Saving?<br>
How to calculate simple interest and compound interest, “The Rule of 72”.<br>

Goal
How to set a goal.
SMART Goals
How to achieve Goals
What is savings
Investment and types of Investments
Time Value of Money
Systematic Investment plan
Net Asset Value
Budgeting
Household budgeting
How to adhere to your budget
Types of expenses