Thursday, 8 October 2020

World Investor Week Campaign on Investor Education and Protection

The PG department of Commerce and management of PCM SD College for Women, Jalandhar celebrated the Investor Awareness week in collaboration with IOSCO( International Organisation for Securities Commission) on 8th October 2020 on investor education and protection. IOSCO is the international body that brings together the world securities regulators and is recognised as the Global standard setter for securities sector. It develops, implements and promotes adherence to internationally recognised standards for security regulations.

 The resource person for the session was Mr Kamaljeet Singh founder and CEO at Proftrain Mentors, Mohali (Punjab). Mr Singh is an expert in the fields of wealth management, financial advisory, financial planning and retirement planning. He has vast experience in Academics as well as practical field. During the session Mr Singh explained various aspects related to the Financial Markets and their working. He emphasized on financial discipline in life where he elaborated that Income- Expenditure is not Savings rather  Income- Saving = Expenditure. He further emphasized  that youth must start their investments by taking a term insurance, medical insurance and a SIP Scheme (systematic investment plan) continously for 10 years. He very lucidly described the financial market instruments including shares, debentures, commodities ,derivatives and mutual funds. The procedure to buy the securities was also elaborated and an in-depth insight was also provided on how one should make financial decisions considering risk and return on different instruments and make investment in a diversified portfolio. He also explained the grievance redressal mechanism for investors. The session was concluded with the question answer round by the audience followed by a note of thanks by Mr Singh for principal madam Dr Kiran Arora and Mrs Alka Sharma Head Department of Commerce for giving an opportunity to organise the seminar.

 The seminar that was conducted on an online platform go to meeting was attended by all the faculty members and around 140 students of PG Department of Commerce and Management .Overall the session was a learning experience for the students with the practical insight. Principal Dr. Mrs Kiran Arora appreciated the efforts of the department for organising such sessions.