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Money Jul 5, 2013

Short courses: understanding money over the weekend

By Firstbiz Staff

"I learnt much more about acting from philosophy courses than I ever learnt in acting school," saidAmerica's actor Tim Robbins once.Courses, long or short term, usually come with promise to make you better, smarter and wiser.

Reuters

Reuters

In these challenging times in the financial space, where markets across asset classes are extremely volatile, many are finding out ways to learn a thing or two form short-term courses that promise to help them manage their money better, notes today's Economic Times.

These programmes promise to give a lay investor the basic understanding regarding money, right from money management strategies, to concepts of financial planning, importance of emergency funds, an overview of how stock markets work and the like. Some even promise to go a step further and claim to impart knowledge regarding analysing and choosing stocks to understanding technical analysis and not just fundamental analysis. Some even give the student an experience of virtual trading, so as to improve their trading skills.

The fees for such courses are in the range a little over Rs 1,000 to as much as Rs 10,000. The courses are being offered by some individual financial planners to firms such as ICICI Center for Financial Learning to stock exchanges such as the BSE and NSE. And most of these courses are for a period of two days and run through the weekend. The report says that short-term courses give you basic skills and clarify basic money-related concepts. They certainly cannot make you an expert.

Read the full story in today's Economic Times newspaper

by Firstbiz Staff

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