A Study on Financial Literacy Skill Development Courses among Senior Secondary Students: Exploring the Implications and Benefits

By : Deeksha Chaurasia , R. Ravichandran

Page No: 43-53

Abstract
This paper explores the importance of the Financial Literacy Skill Development Course for school students in India. With the evergrowing complexity of financial systems, it has become crucial for individuals to possess financial knowledge and skills to make informed financial decisions. However, the lack of financial education in schools often leads to poor financial management and decision-making, resulting in financial insecurity and debt. This paper investigates the Financial Literacy Skill Development Courses among senior secondary students, exploring its implications and discussing the benefits and challenges of implementing such programs. It also analyses the current state of the Financial Literacy Skill Development Courses among school students in India and proposes recommendations for improving financial education. The paper concludes that providing financial education to school students is essential for equipping them with the necessary knowledge and skills to make informed financial decisions, ensuring their financial well-being and contributing to the growth of the Indian economy.

Authors
Deeksha Chaurasia, Assistant Professor, Department of Business and Commerce, Pandit Sunderlal Sharma Central Institute of Vocational Education, Bhopal, Madhya Pradesh, India.
R. Ravichandran, Associate Professor, Department of Humanities, Science, Education and Research, Pandit Sunderlal Sharma Central Institute of Vocational Education, Bhopal, Madhya Pradesh, India.
 

DOI: https://doi.org/10.32381/PROD.2025.66.01.6