University of Central Asia Organises Financial Literacy Training for Youth during Global Money Week

Date: 09 March 2015
From 9 to 17 March 2015, the University of Central Asia (UCA) joined Child and Youth Finance International in engaging youth in Global Money Week (GMW). GMW is an annual international money awareness celebration to engage children and youth worldwide in learning how money works, including saving, creating livelihoods, gaining employment and entrepreneurship. GMW is a growing international initiative; in 2014, three million children and youth in 118 countries participated in 2,000 activities organised by 490 organisations. 
 
 
Throughout the week, UCA’s School of Professional and Continuing Education (SPCE) coordinated a range of GMW activities across the region to increase financial literacy and awareness among youth. Maximising UCA’s regional facilities and partners, activities were held at SPCE learning facilities in Khorog, Tajikistan; Naryn, Kyrgyz Republic; and Tekeli, Kazakhstan; local schools in Khorog and Tekeli; and at Teacher Training Colleges in Shugnan, Ishkashim and Darwaz, and Badakhshan University in Faizabad, Afghanistan. 
 
“SPCE is committed to increasing skills in financial management and entrepreneurship in both young and adult learners,” said Gulnara Djunushalieva, Director of SPCE Director, “Today’s young learners are tomorrow’s entrepreneurs, so creating fiscal awareness and responsibility among our youngest citizens is an excellent investment.”
 
Under the theme “Save Today. Safe Tomorrow”, SPCE facilitated GMW activities that allowed youth to creatively engage with information and institutions addressing fiscal responsibility. Participatory training sessions on financial planning and management for youth, including Financial Planning and Savings in Your Life, Your Personal Budget, and How to Save and Use Money Wisely were held in all four countries. A drawing competition, with a focus on themes related to money, was organised in Tajikistan, the Kyrgyz Republic and Kazakhstan. Several mobile banking sessions and tours at the Naryn branch of UCA partner Kyrgyz Investment and Credit Bank were conducted. A Skype discussion and online information meeting took place in Naryn, which included winners of SPCE’s Change the World Around You! social entrepreneurship competition for youth.
 
This is not the first time that SPCE has engaged young learners in fiscal responsibility and entrepreneurship. Since 2012, SPCE has delivered its Social Entrepreneurship Training Programme to Change the World Around You! finalists in the Kyrgyz Republic and Kazakhstan. The training covers social entrepreneurship, social marketing, business planning, information technology, presentation and negotiation skills. UCA implements the programme with funding from the Coca-Cola Foundation and the Coca-Cola Company, and to date, 62 participants have received training and 15 winners received up to $3,000 to implement their projects.
 
SPCE is Central Asia’s first provider of post-secondary, short-cycle education, giving young people and adults professional and vocational qualifications in a flexible learning format that enhance employment and income generating opportunities. With learning facilities in Khorog and Dushanbe, Tajikistan; Naryn and Bishkek, Kyrgyz Republic; Tekeli, Kazakhstan; and in Shugnan, Ishkashim, Faizabad and Darwaz, Afghanistan, SPCE has reached over 74,000 learners since it was founded in 2006. In keeping with UCA’s mission to foster socio-economic development, SPCE has programmes in areas relevant to sustainable business development in the region, including Business Development, Small Business Management and Practical Business Management, and internationally benchmarked accounting courses.
 
University of Central Asia: Global Money Week 2015 Activities 
 

Date

Country

Activities

Partners

9 March

Shugnan, Afghanistan

Savings in Your Life training, including a  mini-lecture, case study and role play game.

Teacher Training College Shugnan

9 March

Shugnan, Afghanistan

Your Personal Budget practical training, including a mini-lecture, exercises and discussions.

Teacher Training College Shugnan

9-17 March

Naryn, Kyrgyz Republic

Creative Drawing Competition related to topics about money to promote creativity among children aged 7 to 15 years. All partners will support our activities.

UCA SPCE Naryn 

9-13 March

Tekeli, Kazakhstan

Creative Drawing Competition related to topics about money to promote creativity among children aged 7 to 15 years. All partners will support our activities.

UCA SPCE Tekeli 

9-17 March

Khorog, Tajikistan

Creative Drawing Competition related to topics about money to promote creativity among children aged 7 to 15 year. All partners will support our activities.

UCA SPCE Khorog 

10 March

Tekeli, Kazakhstan

Financial Planning and Savings in Your Life interactive training, including a mini-lecture, case study and role play game.

Secondary schools # 1 and 3

10 March

Naryn, Kyrgyz Republic

Kyrgyz Investment Credit Bank (KICB) Tour: KICB branch will host a mobile banking session and tour.

KICB Naryn

10 March

Khorog, Tajikistan

How to Save and Use Money Wisely: Financial Planning for School Students training, including a mini lecture and interactive exercises and games.

Presidential Lyceum

11 March

Darvaz, Afghanistan

Savings in Your Life interactive training, including a mini-lecture, case study and role play game.

Teacher Training College Darvaz

11 March

Darvaz, Afghanistan

Your Personal Budget training, including a mini-lecture, exercises and discussions.

Teacher Training College Darvaz

11 March

Faizabad, Afghanistan

Savings in Your Life interactive training, including a mini-lecture, case study and role play game.

Badakhshan University

11 March

Faizabad, Afghanistan

Your Personal Budget training, including a mini-lecture, exercises and discussions.

Badakhshan University

11 March

Tekeli, Kazakhstan

Financial Planning and Savings in Your Life interactive training, including a mini-lecture, case study and role play game.

Secondary school # 6

11 March

Naryn,  Kyrgyz Republic

Kyrgyz Investment Credit Bank (KICB) Tour: KICB branch will host a mobile banking session and tour.

KICB

11 March

 Khorog, Tajikistan

How to Save and Use Money Wisely: Financial Planning for School Students training, including a mini lecture and interactive exercises and games.

Aga Khan Lyceum

11 March

Khorog, Tajikistan

How to Save and Use Money Wisely: Financial Planning for School Students training, including a mini lecture and interactive exercises and games.

School # 2

12 March

Naryn, Kyrgyz Republic

Kyrgyz Investment Credit Bank (KICB) Tour: KICB branch will host a mobile banking session and tour.

KICB

12 March

Tekeli, Kazakhstan

Financial Planning and Savings in Your Life interactive training, including a mini-lecture, case study and role play game

Secondary school # 8

12 March

Khorog, Tajikistan

How to Save and Use Money Wisely: Financial Planning for School Students training, including a mini lecture and interactive exercises and games.

Aga Khan Lyceum

12 March

Khorog, Tajikistan

How to Save and Use Money Wisely: Financial Planning for School Students training, including a mini lecture and interactive exercises and games.

Presidential Lyceum

12 March

Khorog, Tajikistan

How to Save and Use Money Wisely: Financial Planning for School Students training, including a mini lecture and interactive exercises and games.

School # 2

13 March

Ishakashim, Afghanistan

Savings in Your Life interactive training, including a mini-lecture, case study and role play game.

Teacher Training College Ishkashim

13 March

Ishakashim, Afghanistan

Your Personal Budget training, including a mini-lecture, exercises and discussions.

Teacher Training College Ishkashim

13 March  

Naryn, Kyrgyz Republic

Kyrgyz Investment Credit Bank (KICB) Tour: KICB branch will host a mobile banking session and tour.

KICB

14 March

Khorog, Tajikistan

How to Save and Use Money Wisely: Financial Planning for School Students training, including a mini lecture and interactive exercises and games.

UCA SPCE Khorog 

15. March

Naryn, Kyrgyz Republic

Skype discussion and online information kick-off meeting. Winners of SPCE’s Change the World Around You! Social Entrepreneurship competition will participate.

UCA SPCE Naryn