New Delhi: IDFC FIRST Bank has unveiled IDFC FIRST Academy, a digital initiative aimed at empowering individuals with essential financial knowledge. Launched on the eve of the New Year, the Academy seeks to simplify complex financial concepts, helping participants make informed financial decisions and improve their overall financial well-being.
Accessible through IDFC FIRST Academy on desktops and mobile browsers, the courses are also integrated into the IDFC FIRST Bank mobile banking app for its customers.
The Academy features:
- Bite-sized modules designed for easy comprehension.
- Interactive content, including blogs, videos, and quizzes, catering to diverse learning preferences.
- Scenario-based activities for practical application.
- Certification programs to acknowledge progress and learning milestones.
The program is structured into three levels—Foundation, Intermediate, and Advanced—with 35 courses covering 255 topics, spanning 36 hours of learning content. Each module takes only 3-5 minutes to complete, making financial literacy accessible and manageable.
| Level | Courses | Duration (Hrs) | Topics | Videos | Blogs |
|---|---|---|---|---|---|
| Foundation | 11 | 6.5 | 38 | 16 | 22 |
| Intermediate | 12 | 11.5 | 78 | 24 | 54 |
| Advanced | 12 | 18.5 | 139 | 2 | 137 |
Each level offers increasing depth, with examples such as the Savings course, which spans topics like:
- Foundation: “What is a Savings Account?” and “What is Interest?”
- Intermediate: “The Power of Compounding” and “Types of Savings Accounts.”
- Advanced: “Goal-Based Savings,” “KYC,” and “How to Manage Emergency Funds.”
V. Vaidyanathan, MD & CEO of IDFC FIRST Bank, emphasized the importance of the initiative, stating:
“IDFC FIRST Academy is a key initiative from IDFC FIRST Bank. We notice in our day-to-day lives, whether savings or investments, most people don’t quite know where to begin. For example, they may have heard of Mutual Funds, but don’t know whether to invest in Debt, or Equity, or Hybrid, or Tax-saving Mutual Funds, what these terms mean, and how to begin. This program will make complex concepts easy to understand.”
To enhance engagement, users can participate in interactive quizzes at the end of each course, earning certificates upon successful completion.
Visit www.idfcfirstacademy.com or access it through the IDFC FIRST Bank mobile app.
