Institute of Financial Studies: 500 high school teachers will benefit from free financial education courses
Bucharest, April 5, 2021 - The Institute of Financial Studies Foundation obtained the accreditation of a continuous professional training program addressed to pre-university teachers, called "Training of teachers in pre-university education in non-banking finance (FinTTT)", based on Ministerial Order no. 3559 / 29.03.2021. Within this program, 500 gymnasium teachers from all over the country will benefit, between May and September 2021, from free financial education courses.
FinTTT is part of the category of continuing vocational training programs provided by the Institute of Financial Studies Foundation for all segments engaged in the non-banking financial market, in the format of a course targeting middle school teachers who teach Social Education. As a provider of ANC accredited training programs, certified by A.S.F. and approved by the NBR, the Institute of Financial Studies Foundation in partnership with the Financial Supervision Authority has developed a 60-hour training program, in compliance with the principles and quality standards related to the educational process. By completing this accredited program for a period of 4 years, graduates will receive 15 continuing education credits.
In this sense, the FinTTT program has as general goal the improvement of the level of financial education among teachers - influential people among students - through a coordinated effort at national level, which will ensure the achievement of the main strategic objectives of improving the financial well-being of the population. .
The program is addressed to teachers who will teach in class the discipline stipulated for the eighth grade in Annex no. 2 by order of the Minister of National Education no. 3393 / 28.02.2017, respectively the part that addresses the non-banking financial market, following to briefly include the following topic:
- Needs and desires
- Preparing a personal budget
Saving up
investment
Protection against risks
- Insurance market
Institutions and products
Specific mechanisms
Consumer relationship with non-banking institutions
- Private pension market
Institutions and products
Specific mechanisms
Consumer relationship with non-banking institutions
- Capital market
Institutions and tools
Specific mechanisms
Consumer relationship
The program will provide participants with access to classroom and online training sessions, access to study materials (textbooks, online collections of tests, videos, assessment tools, applications and other teaching tools), as well as assessment methods, with compliance with the standard principles of the evaluation process.
The FinTTT program is a development of the Start2Teach financial education project, started in 2017 by the Financial Supervision Authority in partnership with ISF for pre-university teachers, in collaboration with the territorial school inspectorates. At the end of the first quarter of 2021, 726 participants were registered. https://www.isf.ro/ro/educatie_financiara/reluare_cursuri
About the Institute of Financial Studies
The Institute of Financial Studies, founded by the Financial Supervision Authority, is a center of excellence in the field of market research and financial education programs to ensure the skills, abilities and knowledge of financial institutions and ASF staff and to increase the level of financial education of consumers of non-banking financial services and products. In the long term, ISF aims to align its activity with European requirements, move from knowledge accumulation to skills accumulation and assessment, provide training programs for the non-banking financial field adapted to new organizational processes, determined by legislative requirements, market dynamics and of the European framework, contributing to the maturation of the non-banking financial market in Romania, to the creation of its capacity to face the competition induced by globalization or the effects of the economic crises.