Now, a taste of stock trading in the classroom

Students looking forward to a career in financial trading will now get a taste of life on the stock market floor even while they are in school.

The new Financial Markets Management stream being introduced by CBSE for Classes XI and XII in the coming academic session will have a 40 per cent practical component that will include simulated stock trading.

The course is job skills-oriented and provides training on softwares used in the stock exchange. The National Stock Exchange and CBSE will award a joint certificate at the end of the course.

"The students will use a mock trading software which simulates live trading. There will also be visits to broking firms and stock exchanges," G.C. Sharma, director of BLB Institute of Financial Markets (BIFM), said in New delhi recently.

Fiftyeight schools across India have got the Board's approval to introduce the course that will comprise three subjects -- Introduction to Financial Markets, Accounting for Business and Computer Applications.

Thirty schools have been shortlisted by the CBSE for the first phase of the week-long teacher training programmes beginning in April to be conducted by the board's official training partner, BIFM.

The books for Introduction to Financial Markets and Accounting for Business have been authored by BIFM and the first chapter of the Financial Markets book is already available on the CBSE's website.

The books, which have already gone for printing, include short, medium and long answer exam questions at the end of each chapter for practice. — PTI