Financial Market Management (FMM), which was introduced as the sixth vocational subject last year, will be offered by 75 more schools from this academic year.
FMM course for students of Classes IX and X was launched jointly by the Central Board of Secondary Education (CBSE) and the National Stock Exchange of India (NSE). It was aimed at promoting financial market-related education among the children.
Some schools across the country already adopted the course for high school-level (Classes IX-X) classes last year.
According to the NSE, the 75 new schools to adopt the subject are from Delhi, NCR, Uttar Pradesh, Madhya Pradesh, Uttarakhand, Rajasthan, Punjab, Maharashtra, Kolkata, Odisha, Kerala, and the Andaman & Nicobar Islands. Among these schools are also ones that come under Kendriya Vidyalaya Sangathan (KVS) network. KVS is starting the course with 25 schools in Delhi, Agra, Jaipur and Dehra Dun.
“This will enable the students to take smart investment decisions when they grow up and understand the value of money,” said CEO (education & group head – equity and equity derivatives), NSE, Ravi Varanassi.
For the initial round, 150 teachers will get trained for FMM, which covers 200 hours of teaching, including theory and practical classes.
