NATIONAL INSURANCE ACADEMY
P364 - FINANCIAL AWARENESS
literacy - a combination of awareness, knowledge, skill, attitude and behavior -
necessary to make sound financial
decisions and ultimately achieve individual ‘financial well-being' is
increasingly being recognized as an essential life skill.
globalization and digital technologies make financial products easily
accessible, financial literacy has become one of the major challenges for
countries around the world. Globally, the youth are becoming financial consumers
early in their lives than ever before and making financial decisions (credit
cards, education loans) that can have lasting consequences if not well managed.
To connect with the millennials and other group of customers it has become
mandatory for executives of financial institutions to have a clear understanding
and knowledge of the financial world and its various dimensions.
have a complete overview of the Indian Financial Markets
understand the concepts, terms and distinguishing features of various financial
understand various financial statements, ratios and their relevance.
have a clear understanding of the financial products
learn the framework of personal financial planning.
in the listed environment, embedded value and opportunities in the financial
Economic environment for the Marketing Pitch
statement analysis/Critical Ratios for Marketing Decisions
arithmetic for Product Analysis
financial markets institutions, intermediaries, products
investments & Returns from Marketing Perspective
and NAV calculations/Mutual Funds
Products Analysis (Insurance & Other Sectors)
& Investment regulations, Sandbox Regulations
Officials in the cadre of Administrative Officers and Assistant Divisional
Managers working in Branch Offices and Divisional Offices to be nominated by HRD
Department of respective Zonal Offices.