CBS-SEBI Training on Advanced Financial Literacy

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  CBS LINE

CBS-SEBI Training on Advanced Financial Literacy Yields Statistically Significant Gains in Participant Knowledge

In an era of increasing financial complexity, financial literacy has emerged as an indispensable life skill. The ability to navigate personal finances, whether through budgeting, saving, or investing, plays a critical role in shaping the economic well-being of individuals. A financially literate person can be better positioned to make informed decisions, steer clear of debt and fraudulent schemes, and build a stable and secure future. Recognising this imperative, the Centre for Budget Studies (CBS), CUSAT, organised an online training programme on Advanced Financial Literacy on 20 May 2026.

Female 71%
Male 29%

Figure 1

The session was conducted by Ms Himani Lath, SEBI Smart Trainer, in association with the Securities and Exchange Board of India (SEBI). The training brought together a diverse group of participants, of whom 71% were female and 29% were male (Figure-1), with the majority falling within the age group of 20–25 years (Table-1).

Table 1

Age group No. of respondents Percentage of respondents
<20 16 31%
20-25 33 65%
25-30
30-35
>35 2 4%

As part of this initiative, an experiment was designed to measure the extent to which the session influenced the financial perspectives of its participants. A structured questionnaire was administered to all participants both before and after the training. The pre-test and post-test scores were subsequently tabulated, and a paired-sample t-test was conducted to determine whether any statistically significant improvement had occurred.

The analysis confirmed a statistically significant improvement in participant scores following the session (t = −2.381 with p < 0.05). The negative t-value reflects the direction of subtraction adopted in the analysis (Pre-test − Post-test). Since the post-test mean (M = 8.78) is higher than the pre-test mean (M = 8.00), the negative sign is indicative of a genuine upward shift in knowledge, rather than a decline.

The results affirm that the training session was effective in enhancing the financial awareness of its participants. Notably, even those who had a moderate level of prior knowledge demonstrated measurable gains, suggesting that the session succeeded in both reinforcing existing understanding and bridging knowledge gaps. These findings highlight the value of structured financial literacy interventions and make a compelling case for organising similar programmes on a continued basis, fostering a more informed and financially empowered public.


Sajeeb Das, Anagha C, Anjali Haridas, Annie Joseph, Jisha Judson, Rahul N R, and Sreejith T R
Research Scholars,
Centre for Budget Studies, CUSAT

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