NIT is hosting a program to educate students about finance and money management.

Rourkela: On September 21st, the School of Management at NIT Rourkela, in partnership with the Grapevine Business Club, a students' club under the Student Activity Centre, successfully hosted the 'FINFLUENCE Fest' at the BB Auditorium of the NIT. The main goal of this event was to promote financial literacy among young learners, and it was attended by over 500 students from the NIT and other colleges in the steel city. We were honored to have Neha Nagar, a renowned digital financial influencer, as our keynote speaker.

In his welcoming speech, SAC President Rajeev Kumar Panda expressed his enthusiasm for the FINFLUENCE Fest, stating that it offers interactive and educational sessions that empower students to achieve financial success in today's ever-changing economic climate. He emphasized the importance of this event in providing students with early insights into financial management and discipline, allowing them to plan their future more effectively. Niranjan Panda, the Dean of Student Affairs, also stressed the significance of making wise investments and utilizing profits for consistent growth.

Rohan Dhiman, a student at NIT Rourkela, highlighted the crucial role of financial literacy in achieving long-term stability and success in today's rapidly evolving economy. The Director of NIT Rourkela, K Umamaheshwar Rao, also emphasized the importance of understanding financial risks and the potential lost opportunities that may arise from keeping money idle or making unwise investments. He aptly stated that while 2 plus 2 may equal 4 in science, the same cannot be said for investments, where it could either be zero or 22.

Neha Nagar advised the students to prioritize gaining knowledge and upgrading their skills to create multiple earning opportunities. She also encouraged them to take advantage of scholarships, internships, and government schemes to build financial reserves. Moreover, she reminded students that investing does not always have to involve the stock market and that there are less risky options available as well. Understanding financial calculations can also go a long way in managing money wisely, and Nagar shared actionable strategies for managing personal and professional finances.

The event was sponsored by Krishna Financial Services (KFS), and its Director, Vaishnavi Jhunjhunwala, participated in the inaugural ceremony. She emphasized the importance of financial independence and how it can be achieved through smart investments and financial planning. The event also featured speakers from Bajaj Broking, Anand Shendge, and Harsh Paresh, who shared valuable insights into financial management during the concluding session. Overall, the FINFLUENCE Fest was a resounding success, and we are grateful to everyone who made it possible.

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