MCFS Personal Finance Crash Course

In the summer of 2024 MCFS hosted a 5-week personal finance crash course, enabling the youth to gain financial freedom in today's ever-changing economy. The MCFS team hosted a session every Saturday for five weeks, for just one hour each, where they imparted what they perceived to be the most essential knowledge in anyone's financial journey.

Introduction to the crash course

Rohan explains the importance of this course to high schoolers with a keen interest in finance, investing and economics. MCFS aims to offer a multifaceted approach to fundamental financial concepts, investment strategies, current affairs and budgeting.

The importance of savings

Mayank breaks down the importance of savings from the lens of long run and short run goals, emergency funds, and financial stability and freedom.

The range of investments

Vivaan introduces us to the big three of investing. He dives deep into the concepts of equities and bonds.

The controversial real estate

Vivaan provides us with a very fundamental understanding of real estate as an investment, and its role in portfolio diversification.

The beauty of compounding

Through a mathematical example, Rohan explains the power of compounding in multiplying one's wealth. Through the use of a very simple equation, he explains how compounding accelerates the growth of one's savings.

Earnings and EPS

EPS shows how much a company earns for each share, with a higher EPS indicating the stock has a higher value when compared to others in its industry. Akshaj delves into this concept with the help of an example.