Click to play videoMumbai: If you are a B-school student, get ready for some stock trading practical lessons along with regular lectures as leading business schools are lining up stock trading as a part of their curriculum.
In an era of extremely volatile markets, B-schools are taking a leap to teach students the art of trading. Trading stocks, commodities, F&O and mutual funds at near live time prices through online simulators may soon be a part of the daily class.
IIM Ahmedabad has already started the practical training. Other B-schools like S P Jain, Welingkar, IIPM, and universities like Bombay and Delhi plan to follow suit soon.
“We'll get a feel of how the market works and how it’s moving. We’ll get an understanding of the market, and then actually investing in the markets and getting returns out of it,” IIPM student Sagar Goel says.
“Being an amateur investor involves a great amount of risk. Such simulators will help me move from being an amateur investor to being an expert investor,” another IIPM student Arnav Roy says.
Through these online simulators, students will trade on mock money. For every buy and sell order they place, a reason will be a mandatory function for the professors to analyse their decisions. Some B-schools are also tying up with such software providers, to judge students for their portfolio management capabilities.
“When students start investing, they may make wrong decisions because the decisions are not made on information, but may be based on tips." CEO tradecracker.com Vaibhav Morarka explains.
"Shouldn't there be an outlet they should be practicing on? A person must know his risk, benefits and features of the financial instrument they are investing in.”
Clearly, stock markets are increasingly catching the attention of today's youth. With stock market simulators, students can practice trading without any real money involved. And as students of today may be better investors of tomorrow, it may well be worth their while to master the markets without risking their money.
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