In collaboration with the National Stock Exchange, Central Board of Secondary Education (CBSE) has decided to introduce Financial Marketing Management (FMM) vocational course for the students of class IX and X from the 2015-16 academic session. Under the National Skills Qualification Framework (NSQF), Financial Market Management would be introduced as vocational course which would have Level I and Level II.
The CBSE Director of Vocational courses, M V V Prasad Rao said that a joint certificate course was initiated on FMM at Senior Secondary level (class XI-XII). It was in collaboration with the NSE as well, in which CBSE took the responsibility to teach students the vocational subject. IT was initiated in the academic session of 2007.
For this year’s FMM course the students of Class IX and X have to undergo two subjects, which would consist of 200 periods each. The subjects would hold 60 marks for theory and 40 marks would be up for practical papers. The students in class IX would study the basics of Money management under the course and those of class X would undergo an Introduction to Financial markets.
