BDO Foundation, the Bangko Sentral ng Pilipinas (BSP), and the Technical Education and Skills Development Authority (TESDA) recently launched free online financial education (fin ed) modules for the benefit of millions of technical-vocational learners nationwide.
Co-developed BDO Foundation and the BSP, these modules are now available to the public through the TESDA Online Program at e-tesda.gov.ph.
The first three out of nine modules are expected to help learners with the basics of personal finance – covering topics like financial planning, budgeting and saving, and debt management.
TESDA Director General Jose Francisco “Kiko” Benitez lauded the timely launch of the financial literacy modules in time with the celebration of the Financial Literacy Week and emphasized the importance of the continued collaboration between the BSP and BDO Foundation in developing a financially empowered Filipino workforce.
“I hope our collaboration will not end with the three fin-ed modules that have been developed so far. Nagsisimula pa lang tayo [at] marami pa tayong gagawing online courses,” said Benitez.
The next set of fin-ed modules, now being developed, cover the basics of investing, fraud and scam prevention, financial consumer protection, digital financial literacy, Personal Equity and Retirement Account (PERA), and relevant economic indicators.
“By fostering financial responsibility among Filipinos, we can take a step forward to our bigger goals as one nation. This program helps ensure that our future workforce is not only ready to take on their careers but also empowered to make responsible financial decisions that will help safeguard their future,” shared BSP Financial Inclusion and Consumer Empowerment Sub-sector managing director Atty. Charina De Vera-Yap.
The aforementioned nine modules were initially made available to their partner agencies and the public through the BSP E-Learning Academy (BELA), an online platform that contains courses on personal finance, economics, and central banking.
TESDA is the first government partner agency of BDO Foundation and the BSP to make the e-learning modules accessible through its own online platform.
BDO Foundation is the corporate social responsibility arm of BDO Unibank.
Founded in 2008, the foundation contributes to nation-building by addressing the needs of various sectors of society through programs in the areas of financial inclusion, disaster response, rehabilitation and rebuilding.
