New Delhi: Reliance Capital Asset Management (RCAM) on Sunday launched an investor awareness programme (IAP) for students across the country with an aim to educate youth to effectively manage their money and start investing early.
The programme is exclusively designed for students in colleges and educational institutes across the country.
RCAM plans to reach out to over 25,000 students in the first phase through these IAPs. The programme would be conducted across 200 colleges and educational institutes across metros, tier-I and tier-II cities in 10 states within the next one year.
"Our education system primarily focuses on developing students for getting employment, working with good companies and earning," RCAM CEO Sundeep Sikka said in a statement.
"We believe there is a big gap that does not educate students about various investment avenues and promote financial advisory as a career option. Our IAP initiative is aimed at bridging this gap," he added.
The company will help qualifying students to appear and get the National Institute of Securities Markets certificate. The programme will also provide deserving students an opportunity to undergo a one-month internship with RCAM.
As a part of this programme, RCAM will provide three-day training to aspiring students choosing to become financial advisors.
RCAM has conducted more than 10,000 IAPs since 2010, educating nearly 2 lakh individuals, till date, the company said.