Financial Literacy 14 | Learning from failures by Mr. Vallabh Bhanshali

A highly interactive session on learning from failures began with an interaction where students answered three questions: 1) What failure you learnt the most from and how it changed your life? 2) What failure has been the hardest to accept and learn from? and 3) Any success that prompted you to learn? The speaker discussed how to learn from failures, what is at the heart of failure, how does one keep learning, the difference between ambition and fantasy and how to benefit from stupidity in the world. He also dwelled upon the fact that each of us has common desires to acquire status, assets and become rich, but the problem arises since resources are limited. He suggested ways on how to deal with these desires such that we don't commit fatal mistakes. The Financial Literacy course will provide a comprehensive view of personal finance and financial investments to the FLAME University Undergraduate students. It will also familiarise the learner with various topics such as capital markets, personal savings, role of borrowing, the accounting language, asset classes – equity, fixed income, real estate, commodities etc., asset diversification, investment options, wealth creation, etc. Speaker: Mr. Vallabh Bhanshali Mr. Vallabh Bhanshali, a thought leader, a reputed businessman and investment banker is the founding Governing Body member of FLAME University. He is the Chairman and Co-Founder of the ENAM group. He served the economy and capital markets of India for over three décades with great distinction and then moved over to the social and spiritual fields. A man with multiple accolades to his name, Vallabh Bhanshali has a degree in law and is also a Chartered Accountant. A visionary, thinker, promoter of spiritual and cultural tradition of India and an expert on modern fields such as development economics, behavioral science and communication, he has anchored a popular TV show focused on reviving volunteerism and patriotism in the country called ‘Kaun Hai Bharat Bhagya Vidhata’. As a sequel, he founded Desh Apnayen Sahayog Foundation focused on instilling a sense of active citizenship amongst school and college students. Desh Apnayen's vision is to make each one of you an Actizen, meaning an alert, informed and active citizen to usher in Democracy 2.0 which alone can give the citizens their due. He is an ardent Vipassana meditator and was the former chairman of the Global Vipassana Foundation. He has also co-founded Satya Vigyan Foundation to promote truth and 'seeing reality as it is' as the foundational practice for success in both spiritual and day to day worlds. The foundation's show, "Truth Talks" has and is spreading the power of truth through interviews with various luminaries. He is also the co- sponsor and co-founder of Indian School of Public Policy, Delhi. He co- created the impact making and much admired documentary -History of Yoga, tracing its continuous practice over 6000 years in India. He is currently serving on some of the policy making & advisory committees of the Govt. of India. He is a Trustee of the Bhartiya Jain Sangathan, one of the most successful NGOs of the country. He is a Trustee of the Bombay Stock Exchange and served on various Committees of the Stock Exchange, SEBI and other bodies. He serves on the Board of Directors of many reputed companies. #FinancialLiteracy #Learingfrommistakes #VallabhBhanshali

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