Connect with us


Scholar-Journalist of the Week: Master the art of investing

This week’s winner Rohan Mahajan of AIMETC emphasises, ‘Financial independence provides a sense of security and stability’



Rohan Mahajan, a 2nd-year MBA student with Apeejay Institute of Management & Engineering Technical (AIMETC), Jalandhar, is an ace writer with a strong knowledge in the field of finance. Passionate about the field of finance, Rohan also understands well the importance of saving and investing to build a secure financial future. Thus, he has diversified his financial portfolio into shares, mutual funds, cryptos and FD for getting stable returns. The Apeejay student has recently written an article themed: Master the art of investing. The article summarises why investing is an important step in building long-term financial security. Read his interview to know about his passion for this field. He also suggests tips for youngsters on how to create financial independence. 

What interests you about the field of finance?

Money and Wealth: Finance offers the opportunity to understand and manage money effectively, whether it’s personal finances or managing large sums of capital for businesses.

Investment and Markets: The field of finance involves studying and analyzing investments, understanding market trends, and making informed decisions about buying and selling financial assets.

Career Opportunities: Finance offers a wide range of career paths and opportunities, from investment banking and portfolio management to corporate finance and financial analysis. 

Since when are you learning the art of budgeting , saving and investing? How did you gain knowledge on the same?

When I got my first pay cheque, I started saving and investing into mutual funds. Moreover, during the Covid-era, I started investing in shares and crypto and it’s been more than 3 years since I started Investment. For knowledge gaining, I refer to various websites like The Economic Times, Morning Star, Value Research and Business Standard. It’s not a one-day task in the financial domain, you have to learn every day.

Read Here: Master the art of investing

Why do you think becoming financially independent is important in today’s age?

Financial independence provides a sense of security and stability. It means having enough savings and resources to handle unexpected expenses, emergencies, or economic downturns. It reduces dependence on external sources for financial support and provides a safety net in times of need. Financial independence allows individuals to work towards achieving long-term financial goals as per their needs and priorities. It provides the means to build wealth, grow investments, and secure a comfortable future.

What steps youngsters can take to create a financially secured future?

As I mentioned in my previous article, inculcating the habit of budgeting and money management will enable youngsters to effectively manage their income, expenses, and debt. It instilled discipline and responsibility in handling money thereby fostering financial stability. Financial literacy equips them with knowledge about budgeting, saving, investing, and debt management, enabling them to avoid common financial pitfalls and build a strong foundation for long-term financial well-being. Moreover, developing these habits early on not only equips students for the challenges they may face in their academic journey, but also sets them on a path toward long-term financial security and independence.

With banking processes leveraging the new tech, has it become easy to save and invest money?

Yes, the digital era has made savings and investments so easy that you just need an application that will help you track your budget, expenditure, investments and savings. This accessibility makes it easier to track savings, monitor investments, and stay on top of financial goals. And I would like to mention some of the applications that have made savings and investments way more easier than before. These include Zerodha Kite App, Groww App and Upstox App.

Harshita is Assistant Editor at Apeejay Newsroom. With experience in both the Media and Public Relations (PR) world, she has worked with Careers360, India Today and Value360 Communications. A learner by nature, she is a foodie, traveller and believes in having a healthy work-life balance.