E-Cell, Department of IT, organized an online Financial Awareness and Consumer Training (FACT) programme for students of MCA, BCA and BBA on 20th October, 2020

Month Of Events: 
oct
Date Of Events: 
27
Year Of Events: 
2020
Full Date Of Event: 
Tuesday, October 20, 2020
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at 11:00 AM via Zoom platform. This program was the initiative of the National Centre for Financial Education (NCFE), a body promoted by RBI, SEBI, IRDAI and PFRDA with the objective to promote Financial Education across India for all sections of the population. Financial Awareness and Consumer Training (FACT) is a programme by NCFE to provide financial education to young graduates and post graduates, on topics relevant to them, which will positively impact their financial well-being. Dr. Arjun Kumar Solanki from NCFE was the resource person of the program.

Following topics were discussed during the session:

  1. Identity theft protection: What measures can be taken to safeguard your personal data in online transactions?
  2. Responsible use of credit card: How to avoid overusing credit card and get fraud purchase protection?
  3. Education loan borrowing principles : Relaxations and repayment strategies of education loan
  4. How to avoid impulse buying: How to make a proper budget before shopping?
  5. Let's go cashless:  Different modes of digital payments and Know-how of these modes
  6. Your first pay cheque: How to manage your income?
  7. How to set the Financial Goals?

The program was beneficial for the students as  soon as they graduate and join the workforce and take on more financial obligations for the first time, they will be aware of their rights and responsibilities as financial consumers. Total  108 participants attended the session and the session was very interactive. Students enjoyed the session.