14-MAR-2018: AMU Murshidabad Centre Organises ?FINLIT 1.0?
Aligarh, March 14: Department of Business Administration, Aligarh Muslim University (AMU), Murshidabad Centre organized a one-day Workshop ?FINLIT 1.0? on Financial Literacy and Investment Awareness in collaboration with ICICI Prudential bank recently.
Mr. Kaushik Basu, Branch Manager, Life Insurance and Mr. Sarathi Chandra, Relationship Manager, Asset Managementfrom ICICI Prudential were the resource persons at the workshop. Around 80 students of MBA, BALLB and B. Ed. participated in the workshop.
Dr. Talib Siddiqui, Acting Director In-charge and Course Coordinator ? BALLB while addressing the participants said that prudent investment decisions are very crucial for the financial well-being of any individual. Dr. Amir Jafar, Course Coordinator ? MBA, opined that participation in such workshops opens new horizons for students.
Mr. Basu explained the concept of life insurance, elaborating different types of life insurance schemes such as Term Plans, Endowment Plans, Annuity Plans, and ULIPS. He said that insurance is one of the most important financial products that ensure the protection of one?s economic value.
Mr.Sarathi Chandra narrated the concepts of mutual funds and investments in equity markets. He discussed the implications of the application of Long Term Capital Gain Tax (LTCG) and also urged the students to start investing early even if it requires a little squeeze on their personal expenditures.
Rajat Agarwal (MBA Final Year student) welcomed the guests whereas Dr. Syed Atif (Assistant Professor) paid vote of thanks
The program was conducted by Umra Rashid (MBA final year student)
Public Relations Office
Aligarh Muslim University