Skip to main content

Money Matters- An initiative to spread Financial Literacy




 

Source:http://educationtimes.com/educationTimes/CMSD/Newsroom/1/2012052220120522121753409733a2e50/Money-Matters.html

Money Matters

Posted On: Tuesday, May 22, 2012
Workshop on Financial Literacy organised by The Heritage Academy Kolkata for its faculty members was successful
Kolkata: The Heritage Academy, Kolkata organised a workshop for staff and faculty members on May 4, 2012. Rishi Khator, eminent chartered accountant; Prof Gour Banerjee, principal of Heritage Academy and Pradip Agarwal, CEO of Heritage Group of Institutions, provided insights to those who attended the workshop.

The workshop focused on the topic ‘Right now: Financial Literacy’ where Khator spoke about the ingredients of personal financial planning and financial decision making process which can make one’s life happy to overcome difficult situations. “Right attitude towards money making is the key to a happy life,” said Khator.

The focus was on the right attitude towards managing money for personal satisfaction. “People tend to make common financial mistakes which result in major losses and one should be very careful when it comes to dealing with personal finance,” said Khator. He cited some of the common financial mistakes like incurring too many loans, inadequate insurance policies for security, guessing the stock market based on tips which are abundant in the market, spending unnecessarily on luxury, impulsive financial investments and many more. The workshop also depicted the modern investment alternatives available for a person to invest, like mutual funds, exchange traded funds, innovative bonds, initial public offerings, real estates, commodities, gold and many more.

“When the mind is in harmony with the present moment then only happiness in life can be achieved,” said Khator reflecting on the requirement of right mindset for effective financial management. Khator had also published a book on this topic and presented the same in many other institutes. Such event reminds us of the contributions of Dr Prasanna Chandra, an eminent professor in the field of Investment and Financial Management for making the subject financial management lucid for non-finance executives.

The workshop was very simple. The faculty and staff members appreciated the motive behind organising the workshop in the campus. “Such workshops are very much necessary to know the current financial instruments that are available in the market for effective investment,” commented one of the participants.

Comments

Post a Comment

Popular posts from this blog

BHARAT RATNA DR. APJ ABDUL KALAM AT HERITAGE GROUP OF INSTITUTIONS KOLKATA ON 5th JULY 2011 ON THE OCASSION OF CELEBRATION OF 10 YEARS OF EXCELLENCE IN EDUCATION

Heritage Group of Institutions Kolkata celebrated its 10th Anniversary with former President of India, Bharat Ratna APJ Abdul Kalam on 5th July, 2011 in the Heritage campus. It had been a magnificent moment for the Heritage School and Heritage Institute of Technology where more than 300 students, faculty members and other dignitaries got the opportunity to listen to the speech of APJ Abdul Kalam which is a prized direction for the educational conglomerate after completing 10 years of excellence in education. The day started with a huge gathering in the football ground of the campus which was decorated with a huge pandal to welcome Chief Guest Bharat Ratna APJ Abdul Kalam. At 3:30 pm, Dr. Kalam reached the campus and was received by the Secretary of Kalyan Bharti Trust, Shri H.K.Chaudhary along with Executive Director of the Trust Shri Probir Roy and CEO, Shri Pradip Agarwal. After the formal reception, Dr. Kalam was escorted by the senior officials of Kalyan Bharti Trust...
Post a Comment
Read more

Film and photography festival

Source: http://timesofindia.indiatimes.com/home/education/news/Film-and-photography-festival/articleshow/12893103.cms   Apr 27, 2012, 11.59AM IST     KOLKATA: The students of Heritage Institute of Technology organised a film and photography festival from April 20 to 23, 2012. The occasion was graced by the presence of Madhu Sarkar, director of National Academy of Photography , Amaresh Chakraborty, active dean of Satyajit Ray Film and Television Institute (SRFTI) and the HOD of Direction and Shaymal Kumar Karmakar, professor of editing at SRFTI. Also present at the event were B B Poira, director of Heritage Institute of Technology, Dr Pranay Chaudhuri, principal of Heritage Institute of Technology and Seema Sapri, principal of The Heritage School . The student's council along with the Pravasana club members organised the film festival in collaboration with SRFTI. The motivation was the enthusiasm of the students towards photography and critically acc...
Post a Comment
Read more

EU’s Erasmus Mundus programmes introduced @ Heritage

 Source: http://www.em-a.eu/en/home/newsdetail-ema-members-report/introduction-of-eus-erasmus-mundus-programmes-on-december-19th-2011-at-heritage-institute-of-tech.html HIT was set up by a group of Kolkata based eminent industrialists, renowned public figures in the eastern fringes of Kolkata. HIT is founded on the Kalyan Bharti Trust. The mission of this trust is to promote education and nourish students with rich cultural heritage of India. Prithviraj Sarkar, an Erasmus Mundus Alumnus currently working in Denmark, gave a talk on opportunities within Erasmus Mundus programmes both for students and alumni at Heritage Institute, Kolkata on December 19th, 2011.  The participants were welcomed by the Director of the Institute, Prof. B. Paira.  The event was attended by a lot of the institutions's professors, master students who were looking for PhD scholarships and  engineering students from the bachelor programme. The presentation was about 15 minute...
Post a Comment
Read more