AMFI, IIM(V) join hands to spread financial literacy

Visakhapatnam:The Association of Mutual Funds in India (AMFI), in collaboration with the Indian Institute of Management Visakhapatnam (IIMV), haa launched the first Immersive training session for college lecturers from across Andhra Pradesh under the State Adoption Program for Andhra Pradesh.
This initiative marks a significant step forward in expanding structured, academically grounded financial literacy across the state.
Dr. Narayana Bharath Gupta, Director of Collegiate Education, Government of Andhra Pradesh, was the special guest.

This first-of-its-kind training program follows An MoU was signed between AMFI and IIM Visakhapatnam on the institute's foundation day, establishing a long-term partnership aimed at creating a high-impact, academically anchored model for imparting financial literacy and skilling.
The trained lecturers will subsequently guide students in their respective districts, enabling responsible and informed financial decision-making among youth across Andhra Pradesh.
Venkat Chalasani, Chief Executive, AMFI,said, 'Financial empowerment begins with education, and educators play a pivotal role in shaping the financial mindset of future generations. Our collaboration with IIM Visakhapatnam is a powerful step towards ensuring that financial literacy is delivered with academic rigour, reach, and long-term impact. By equipping lecturers from across Andhra Pradesh, we are creating a robust network of informed mentors who will guide thousands of students toward making responsible financial choices. This initiative fully aligns with SEBI's vision of deeper financial inclusion, and AMFI is committed to taking this mission to every district in the state.'
Prof. M. Chandrasekhar, Director, IIM Visakhapatnam, said, 'We are delighted to partner with AMFI in launching this unique initiative. At IIMV, we believe that meaningful financial literacy must combine academic depth with real-world relevance. By training government college lecturers from across Andhra Pradesh, we are building a sustainable model that strengthens financial awareness at the grassroots level. This initiative exemplifies the transformative role that institutions can play in enhancing financial capability and supporting inclusive growth.'
Narayana Bharath Gupta, Director of Collegiate Education, Government of Andhra Pradesh, said, 'Financial literacy is a critical life skill, and empowering our college lecturers ensures that this knowledge reaches students across every district of Andhra Pradesh. This collaboration between AMFI, IIM Visakhapatnam and Government of Andhra Pradesh sets a strong benchmark for integrating financial awareness into higher education. We welcome this initiative and are committed to supporting efforts that build financially informed, confident, and empowered youth across the state.'
The initiative has been conceptualised in alignment with SEBI's core objectives of strengthening investor education, fostering financial inclusion, and ensuring that financial awareness reaches every corner of the country. Backed by IIMV's academic leadership, AMFI's deep industry understanding, and the active involvement of the Collegiate Education Department, Government of Andhra Pradesh, the program is designed to reach all districts through a 'train-the-trainer' approach.
Venkat Chalasani, Chief Executive, AMFI;; Vijaya Marisetty, Dr. Ambedkar Chair Professor & Dean (Academics), IIM Visakhapatnam and Amit Shankar, Dean (Research), IIM Visakhapatnam were present for the inaugural ceremony, along with senior academicians and participating lecturers.