Online education firm Coursera and the Indian School of Business (ISB), today announced the launch of a new series of four courses called Specialisation on ‘Financial Markets and Investment Strategy’.
This is the second programme being offered by ISB on Coursera’s MOOCs platform after the course on happiness in November 2014, a release said here.
The importance of sound financial planning and investment management in helping an individual to achieve financial goals can hardly be over emphasised.
And yet, studies have shown that individuals commit mistakes on choosing their personal investment portfolios.
In 2015, the S&P’s Ratings Services Global Financial Literacy Survey found that close to 76% of Indian adults do not adequately understand key financial concepts – lower than the worldwide average of financial literacy.
Rick Levin, CEO, Coursera, said, “ISB’s new specialisation will appeal to our 19 million plus learners around the world.”
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Vaidya Nathan, a faculty at ISB, said, “In India, direct equity investments account for only 2 per cent of household savings, which are dominated by other asset classes such as fixed deposits, gold and real estate. We developed this course with Coursera to address the lack of financial knowledge and educate the average person about financial markets and financial instruments.
The four course specialisation include — Introduction to Financial Markets, Portfolio and Risk Management, Behavioural Investing and Investment Strategy, Philosophy, Client Management and Current Trends, the release added.
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