WHY STUDYING BBA FINANCE IN NOIDA IS EQUALLY IMPORTANT FOR WOMEN

When it comes to financial scenarios, handling the money in the house or even having substantial knowledge about insurance, investments, etc., the women in India seem to shy away. This could be because of the deep-rooted patriarchy that exists in our society. Both men and women have accepted that financial transactions are to be handled by men, a belief system that needs to be broken and changed. 

In today’s time, when women are leading from the front in every aspect - be it taking up leadership roles or earning the bread and butter for the family, it should not depend on the men to pass on their financial knowledge. The onus of educating themselves and learning how to manage their wealth lies on women. According to a survey by Glassdoor, around 61.5% of students who study Finance are men. This is where the problem lies. 

Right from a young age, women need to be encouraged to understand money, to manage their investments, insurances, savings, etc. One of the first steps in this direction can be to take up a BBA Finance course which encompasses subjects such as basic accounting, basic business communication, basic business statistics, financial management, micro and macroeconomics, etc. These subjects form a base that removes the fear of money management. They empower you with the knowledge that lasts a lifetime. 

Vanessa Martinez, Managing Director and Partner at The Lerner Group, guides families through the process of wealth management. In her countless experiences over the years, she has shared that most grieving widows are completely unaware of the family finances and at sea about how to pay any bills once the husband is no more. 

She believes both men and women are to be blamed for this situation. It would be a whole lot better if both the spouses were equally involved in stewarding the family’s wealth. With the availability of the internet at the click of a button, it is much easier to learn and gather information about wealth management. From online degrees to online classes, there is a world of possibilities out there. Considering statistics as well, the mortality rate of men is higher than women which means it’s more critical for women to be aware. 

While the subject is intimidating and can be a challenge to understand at first, it is not impossible. There are many different ways for women to start their finance journey, a few of them listed below. 

  • Online Classes and/or short online courses
  • Symbiosis BBA Admission with a specialisation in Finance
  • If it is difficult to trust the internet, reach out to a financial advisor who can educate and guide you
  • Join organisations / communities online or offline that focus on building financial literacy

Taking up a course is generally a great idea because it ensures commitment and outcome. If you are someone or know someone who is scared of financial transactions, it’s time to take a step in the right direction.


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