CSE fosters financial literacy | Sunday Observer

CSE fosters financial literacy

20 February, 2022
M. Afhan M. Salman of Batch 2 receives the certificate from CSE Chairman  Dumith Fernando. Chief Regulatory Officer, CSE, Renuke Wijayawardhane  and Senior Vice President, Marketing,  Niroshan Wijesundere look on.
M. Afhan M. Salman of Batch 2 receives the certificate from CSE Chairman  Dumith Fernando. Chief Regulatory Officer, CSE, Renuke Wijayawardhane  and Senior Vice President, Marketing,  Niroshan Wijesundere look on.

The Colombo Stock Exchange (CSE) presented certificates to students who had successfully completed the Advanced Diploma in Financial Markets (ADFM) course at a ceremony at the Kingsbury Hotel recently.

The event marked a milestone in the CSE’s efforts to foster financial literacy and education in the capital market as it is the first educational qualification to be awarded by the Stock Exchange.

Chairman, CSE,  Dumith Fernando, was the chief guest. The keynote address was delivered by Co-founder and Chief Investment Officer of Lynear Wealth Management, Dr. Naveen Gunawardane. The CSE management, lecturers, students, and their guests also participated in the awards ceremony.

The ADFM was implemented in response to a growing demand for an entry-level academic qualification to be awarded by the CSE to enable greater knowledge of financial markets, particularly with a specific focus on capital market operations and investment.

The ADFM features 10 modules and was completed over nine months, covering areas such as capital market regulations, investment analysis, portfolio management, macroeconomics, and other related subject matters. Course content featured a combination of theory and practical aspects of financial markets and included the management of a model portfolio by the students, integrating real-world expertise with practical skills.

Chairman of the CSE, Dumith Fernando said, “We have put in significant efforts through the CSE and our partners to try and promote not just financial literacy but also access to financial markets. We understand the significance of financial literacy and capital markets to our economy. This is the reason why CSE has put together a structured and practical curriculum that I hope all the students will use in their personal future and in their career,” he added.

The ADFM is recognised by the Chartered Institute of Management Accountants (CIMA) and the Institute of Certified Management Accountants of Sri Lanka (CMA), which provide ADFM-completed students an accelerated route to obtain a qualification in management accounting.

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