BSE International Finance Olympiad
How BIFO will help Students:
According to Warren Buffet, "It's important that children become knowledgeable about finances and understand the value of basic business skills."
Financial education is nothing but knowledge about finance. The importance of financial education has improved in recent years due to the developments in financial markets as well as demographic, economic and policy changes.
The Olympiad is designed to encourage you to explore, discover, and learn more about financial world and to develop analytical and problem solving skills that will be essential to your career. BSE Institute Limited (BIL) and Eduheal Foundation (EHF) have mutually agreed to work together to create awareness; provide education and skills to you and other learners in India and abroad by organizing educational events and prepare you with knowledge and know-how for successful careers in financial markets. We aim to assess your knowledge of basic concepts that lay at the basis of saving and portfolio-choice decisions, such as interest compounding, inflation, and risk diversification.
The motivation behind the Olympiad is:
- • to impress on the fact that it is always better to start young
- • to ensure the achievement the ultimate intention which is to empower you with proper understanding and appreciation of the opportunities in the financial markets and risk and rewards associated with financial investments by the time you reach your employable age
- • to make you aware that studies have shown that employees who are not worried about their finances are much more productive on the job, which can be applicable to you too if you plan ahead
- • to teach you to prioritize your personal financial goals
In order to build up on the set aspirations on assessing your financial knowledge; 50% questions will be from financial literacy and general economics and aptitude and the remaining 50% will be from other subjects you are studying.