An extension programme was conducted by the Finance Club of PIM for the benefit of Kuruba Community children on January 5th, 2016. Nineteen students of Finance club selected creation of awareness about the importance of savings and investments as the theme of this extension activity. Children were taught about creation of savings account, writing cheques, creating a personal budget etc. Creation of piggy banks and the advantages of savings and investments were highlighted to the beneficiaries. 60 students from grade 8th to grade 10th studying at Volakadu school, belonging to the Kuruba community were the beneficiaries of this programme. Studetns of PIM divided themselves into 5 groups and designed the content for imparting the importance of savings and investments to children. Vinod shet , Shivashakthi and sooraj the students of second year took lead in organising the programme along with the first year MBA students.
A brief description is made about one of the games organised by the finance forum of PIM. âMarble Gameâ was designed with the main theme being âInvestors Expectationâ. This activity was conducted as a part of creating financial awareness among the students.
Teams were made, and students were asked to guess how many marbles his team members had grasped. Stationary materials were given as prizes to the winners by the co-ordinators. Itâs well said that âhigher the risk, Higher the returnâ. with this concept the students of Finance Forum took an initiative to create the financial awareness among the high school students. The co-coordinators highlighted the concept of taking risk, both in investments at the same time in personal/professional life. To make this concept clearer a âRisk Taking Gameâ was conducted for the students. students had to decide what amount of risk are they able to bare. This further helped them to test how optimistic or pessimistic they are.
