FSS Holds 'Youth Financial Special Lecture' for New Workforce Entrants

Applications Open from October 6 to 19
Education Includes Risks of Excessive Borrowing for Investment

The Financial Supervisory Service announced on the 6th that it will be conducting a "Youth Financial Lecture" aimed at job seekers who lack experience in financial transactions and social interactions. The program will focus on asset management and preventing financial fraud.

Eligibility to apply for opening the special lecture is limited to university faculty and staff. Applications can be submitted on the Financial Supervisory Service’s "e-Financial Education Center" website from the 6th to the 19th.

Those who wish to attend the lecture—including soon-to-be university graduates and job seekers—can apply for the Youth Financial Lecture at university job centers (University Job Plus Centers) nationwide where the special lecture is available.

The Financial Supervisory Service plans to strengthen education to prevent side effects from excessive leveraged investments (borrowing to invest) and the get-rich-quick mentality among university students.

In addition, the program will cover types and risks of fraud targeting young people, such as investment scams linked to virtual assets, which are on the rise, as well as high-yield overseas job scams.

Universities applying for the lecture can choose the format they prefer: special lecture, educational video, or textbook.

First, starting from November 2 to December 18, professors from the Financial Supervisory Service will deliver a two-hour in-person special lecture at each university, targeting job seekers and soon-to-be graduates.

There is also a program that provides board animation videos covering four topics: expenditure management, lump-sum money management, risk management, and fraud prevention.

Another program utilizes the textbook "Parut-Parut Asset Management," which covers various topics such as financial fraud prevention methods, saving and utilizing lump-sum money, purchasing insurance, and debt and credit management.

Tailored education is also offered for new members of society, focusing on essential knowledge such as how to save seed money, proper investment methods, credit management, and financial fraud prevention.

Through this program, guidance will also be provided on how to respond to illegal activities and scams targeting new entrants to society, such as virtual asset investment fraud and illegal proxy lending schemes related to employment.

An official from the Financial Supervisory Service said, "We expect this initiative will not only help new members of society build assets and prevent financial fraud damage, but also foster a sound financial mindset, including the principle of personal responsibility, which is necessary for a healthy financial life."

This content was produced with the assistance of AI translation services.