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Business Times - 10 Apr 2012

Financial literacy course for young adults launched


By JOSHUA TAN

A FINANCIAL literacy programme for young adults was jointly launched by Citi Singapore and Singapore Management University (SMU) yesterday.

The event saw Michael Zink, head of Asean and Citi Country Officer Singapore, presenting Citi's pledge of $278,000 to SMU president Arnoud De Meyer in assistance of the planning and development of the programme in its first year.

The Citi-SMU programme, set to commence in 2013, aims to equip people between 17 and 30 with personal financial knowledge and skills appropriate to their life stage, forming a foundation for better money management.

Participants can look forward to lectures and workshops by Citi guest speakers, as well as training sessions by SMU faculty members and select SMU students.

Professor De Meyer said 'with the new financial literacy programme, our students can also use what they have learnt, to reach out to the young adult community in Singapore, with the focus of reaching those with lower income'.

This year, however, the priority will be to develop the programme as well as prepare the 'trainers'. At least 20 students are being taught by SMU faculty members to be trainers for the programme.

Concurrently, its curriculum is being developed by SMU in collaboration with the industry and Citi's experts to ensure a practical aspect as well.

Said Mr Zink: 'At Citi, we believe we have a responsibility towards helping people understand how to manage their financial resources. . . There is no better investment than investing into the young lives of the next generation by empowering them with financial skills and knowledge.'

'With strong foundations in managing their money, they can embark on their life journeys with greater confidence, opportunities and potential,' added Mr Zink.
from CITI bank??!! :O

WELL....