Financial students' summer camp teaches about life, not just money

business May 11, 2014 00:00

By The Nation

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TISCO Young Financial Planner (TISCO YFP), a 5-day learning camp, was not just another ordinary camp during this summer break. It was a life-beyond-classroom programme where 80 undergraduate university students from across Thailand gathered to explore the

Oranuch Apisaksirikul, TISCO Group Chief Executive said during the initiation of the programme: “TISCO wishes to use its financial expertise to reduce the problem of personal finance and financial illiteracy in Thai society. So, the group took its first step by designing a financial course especially for Thai youths to give them a better understanding in personal finance and financial management. 
“We hope these children would gain a wider awareness of the importance of financial knowledge in their daily life. And in the long run, we hope they would spread this knowledge to their families and their communities.”
TISCO YFP is an activity-based learning camp that allows students a full range of financial exploration through edutainment activities. Participants explore the world of financial management from money-saving techniques, responsible investment, to an exclusive talk with TISCO’s top management. 
All courses are taught and guided by a TISCO voluntary team with strong financial backgrounds. Field trips were organised for participants to experience the history and development of money at the Royal Thai Mint, as well as learn about sharing with others at the Foundation for Slum Child Care in Klong Toey where handmade piggy banks crafted by participants during the camp were passed on to slum children, showing how saving could make their lives better.
Chantanit Limapichart, a sophomore from the Faculty of Economics, Thammasat University, said after joining the camp: “After I graduate, I would like to work in a financial field so this camp gives me a clearer view about my future career. Moreover, I also get an opportunity to talk with financial experts and top management, which is a really once-in-a-lifetime experience.” 
A third year student from Faculty of Economics, Chulalongkorn University, Preeyakorn Sudtasiri said “I got (knowledge) more than I expected. I made a lot of friends and I am really impressed with the TISCO team who took great care of us.”
Musliha Hayeetayet from Yala Rajabhat University, Yala Province, said after the camp that “I would like to spread the personal finance knowledge, especially about money-saving tips, to others children in my hometown, the 3 southern border provinces. This idea is not widely publicised in that area.”
A TISCO officer who volunteered as a staff member in the programme, Ittikorn Termsarasab, said: “Learning about finance might sound boring. This is why we design a financial course that is entertaining yet rich with useful financial knowledge. They would also make new friends from all over Thailand. This is the great ‘opportunity’ that we, TISCO, would like to give them.”
After the camp, the participants must further their financial literacy by applying the knowledge from the camp to create new ideas to promote the personal finance background to others such as their families, friends and communities, and submit projects for the contest. The winners will receive scholarships and trophies worth Bt200,000.