LAHORE: The Lahore Stock Exchange here Saturday held the first session of Campus Outreach Programme for students of MBA and M.Phil from Global Institute Lahore, where LSE's officials interacted with the students.
LSE Investor Relation Department's Ms. Hifsa Siddiqi explained to participants the broad features of Pakistan's economic and financial system, features and characteristics of different financial markets, regulatory framework, market indicators, investment products, financial services and opportunities available to investors in Pakistan and roles and responsibilities being performed by various financial institutions. They were also given an insight into various investment avenues available in the market and their role in the economic system of the country.
She also spoke on various operational matters of the exchange including listings, trading, corporate governance, sensitivity of stock market and investor protection. She briefed and explained the participants that the financial decision making starts from the teenage, therefore, the modification of spending habits of youngsters in order to promote the habits of savings and responsible financial behavior is the need of the hour. She also focused on the classification and functions of the stock market, market indices, historical background and stakeholders of the capital market.
Campus Outreach Programme (COP) under the broader Financial Literacy Initiative has been launched by the LSE in collaboration with South Asian Federation of Exchange (SAFE). The basic goal of the FLI-COP is to enhance youngsters' understanding of financial products and concepts, their ability and confidence to appreciate financial risks and opportunities to make informed choices, to know where to go for help, and to prepare today's youth for better understanding of the economic/financial affairs affecting them.
The LSE under this initiative will be conducting on- campus educational sessions, followed by practical exposure of students to the financial products/services through visits/interactions with financial institutions and encouraging participation in the financial system through games and internship programme.
The overall objective of the Financial Literacy Initiative (FLI) is to promote financial skills and knowledge of the common citizens and to support the agenda for the broader financial inclusion in societies.
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