Student Pocket Invaluable Investment Knowledge at Inaugural My Money @ Campus Seminar

Date: October 20, 2015

2       The Seminar featured a special address by Guest-of-Honour, Mr Piyush Gupta, Chief Executive Officer of DBS, who shared his thoughts on the fundamentals of investment. Participants also had a chance to hold a dialogue with Mr Gupta on his personal experience in financial management in a 45-minute Q&A segment. The seminar also featured talks by speakers from SIAS, ABS and SMU on the theme of モBuilding an Affordable Investment Portfolioヤ. Participants were able to pick up advice on ways to hone their financial knowledge and investment skills from various guest speakers.

3       Mr Lee Boon Ngiap, Chairman of the Financial Education Steering Committee1 for MoneySENSE and Assistant Managing Director (Capital Markets), MAS, said: モTertiary students are at an important juncture of their lives as they will soon join the workforce. Through My Money @ Campus, we hope to give students a headstart in learning how to manage future income, plan, save and invest for their financial wellbeing. We would like to thank our partners ABS and SIAS for collaborating with us to extend our financial education outreach to the local universities and polytechnics.ヤ

4       Mrs Ong-Ang Ai Boon, Director of ABS, said: モABS is pleased to continue the collaboration with MoneySENSE and SIAS in bringing the モMy Moneyヤ seminars to the campus. It is imperative for young people to learn about investing and the various asset classes. As these are young investors, they can take advantage of the benefits from compounding and also a longer time horizon. ABS, together with other stakeholders, will continue to spearhead and support financial education among the youngヤ.

5       Mr David Gerald, Founder, President & CEO, SIAS, added: モInvesting has always been full of challenges but we can overcome them by being prudent investors. It is crucial that we reach out to young people to show them how. We need to prepare them early for their financial future. SIAS will continue to work with MoneySENSE, ABS and our other partners in equipping young investors with the know-how and skills to succeed in their investing journey.ヤ

1 The Financial Education Steering Committee (FESC) comprises representatives from the Ministry of Community Development, Youth and Sports, Ministry of Education, Ministry of Manpower, Central Provident Fund Board, Monetary Authority of Singapore, National Library Board, and People’s Association. The FESC provides strategic direction and oversees financial education programmes in Singapore