University of Chitral Hosts Seminar on Financial Literacy for Students

Chitral: The Department of Management Sciences at the University of Chitral, in collaboration with the Financial Inclusion Department of the State Bank of Pakistan, organized a seminar aimed at enhancing financial literacy among students. The seminar, titled "Financial Literacy for Students of the University of Chitral," sought to equip students with essential skills for making informed financial decisions in both personal and professional contexts.

According to University of Chitral, the seminar featured Mr. Sheryar Khan, Assistant Director at the State Bank of Pakistan, Peshawar, as the primary speaker. Dr. Rizwan Ullah, the Head of the Department of Management Sciences, welcomed Mr. Khan and asserted the importance of learning beyond conventional classroom settings for students' professional growth. During the session, Mr. Khan delivered a presentation on the significance of financial literacy, discussing key financial management practices including spending, saving, and borrowing. He underscored the role of budgeting and demonstrated how Artificial Intelligence tools can aid in personal budget management.

The seminar also highlighted the importance of cultivating a regular saving habit, setting financial goals, and distinguishing between saving and investment. Mr. Khan addressed the necessity of understanding investment risks and advocated for the introduction of financial education at an early age to foster responsible financial habits. An interactive question-and-answer segment concluded the seminar, with students engaging actively and receiving practical advice from Mr. Khan. The event concluded with Mr. Zia Ur Rahman, Lecturer at the Department of Management Sciences, extending gratitude to Mr. Khan and the State Bank of Pakistan for their efforts in promoting financial awareness among the students.

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