The Paytm Wealth Academy is a first-of-its-kind initiative to allow users to learn trading and financial concepts at their own pace at their level of comfort. The platform offers a wide catalog of courses and webinars along with personalized recommendations for users, curated to complement their existing knowledge
Mumbai:
India’s leading digital ecosystem for consumers and merchants Paytm , owned by One97 Communications Limited promoted by Vijay Shankar Sharma, today announced the launch of Paytm Wealth Academy.
The launch of the wealth academy is initially on the Paytm Money app, the wealth management app owned by Paytm’s wholly-owned subsidiary Paytm Money.
The Paytm Wealth Academy is a first-of-its-kind initiative to allow users to learn trading and financial concepts at their own pace at their level of comfort. The platform offers a wide catalog of courses and webinars along with personalized recommendations for users, curated to complement their existing knowledge.
Courses in th platform are available across different verticals of Stock Investing, Futures & Options, and Technical Analysis. Within each vertical, the courses cover all concepts and topics right from the basics. For example, the Futures & Options vertical starts from beginner courses such as ‘Introduction to Derivatives’, moves to difficult concepts such as ‘Option Greeks’, and finally advanced and actionable courses such as ‘Directional Options Strategies’. At the end of each course, users will have to take a comprehensive assessment which will test all concepts within the course.
An exclusive certification will be offered to users who pass this test.
Taking the example of the highly practical course ‘DIY – Create your own portfolio’ – the course has 6 different modules. The first three modules explain various investing strategies and styles such as Value, Growth, Beta, Quality, and Income investing. The next set of modules focus on implementation of these strategies in the market, list out key trading rules, and also offer practical guides.
For a new trader it makes sense to start this course right from the beginning. However, a user familiar with the various investing styles would prefer to jump right to the implementation part. Such a user can access the ‘Checkpoint’ by taking a small assessment quiz.
If the user is able to pass the quiz, he or she can directly begin from module 4. The quiz also serves as a refresher for users already aware of the concepts.