top of page

Driving financial literacy among school children

  • Jul 29, 2019
  • 2 min read

Updated: Jan 31, 2023


AmMetLife Insurance Berhad (“AmMetLife”) employees will mentor school children in financial management, leadership and entrepreneurial skills through the JA Start-Up Programme. Implemented by Junior Achievement Malaysia (JA Malaysia) and funded by MetLife Foundation, this programme will provide students with the opportunity to experience and learn the complete life cycle of a company.   According to Ramzi Toubassy, Chief Executive Officer, AmMetLife, “We are pleased to support JA Malaysia in inculcating financial literacy and entrepreneurial skills among these students. We believe the JA Start-Up Programme provides these students with the ability to build a foundation of financial security and career accomplishment that will benefit them, their families and their communities.”  Commenting on MetLife Foundation’s role in driving financial health in Malaysia, Krishna Thacker, the Asia Regional Director of MetLife Foundation, said “At MetLife Foundation, we believe financial health belongs to everyone. Supporting young students as they learn and experience the process of entrepreneurship, including setting up a business and designing and selling their products, is an excellent way to ensure that we lay a solid foundation for financial health.”  Over a span of five months, the students will work in teams and learn how to register a company, appoint a managing director, establish the management team, and sell share certificates. Once the company is in place, they will then proceed to develop their own product line and eventually produce and market their products.  The Ministry of Education recognises and supports this programme, which is facilitated through workshops conducted monthly at identified schools in Perak. These workshops are led by JA Malaysia staff and facilitated by corporate volunteers from AmMetLife and MetLife offices in Kuala Lumpur. The volunteers will guide and provide practical advice to the students in areas of finance, operations, human resource planning, marketing and sales.  “Through this programme our employees are able to empower the students to make a connection between what they learn in school and how it can be applied in the real world – enhancing the relevance of their classroom learning and increasing their understanding of the value of staying in school. Skills-based volunteering has become a cornerstone of our philanthropic efforts to bring social good to the communities we serve,” Ramzi added.  The JA Start-Up Programme will peak with a Student Product Expo at a leading mall in Kuala Lumpur in September where students will be able to showcase and sell their products. A judging committee comprising of employees from AmMetLife and MetLife offices in Kuala Lumpur will assess each team. Winners will be identified for various categories, including Best Product, Best Annual Report and Best JA Start-Up Company.  Mr. Stuart Dean, Chairman of JA Malaysia, said, “We are glad to be partnering with global organisations such as MetLife to help young people, especially in smaller towns and rural areas, realise their potential beyond textbooks and to learn and experience hands on skills that are necessary for the workforce. Through this collaboration we are able to empower a generation that is capable of supporting themselves, their families and society.”

AmMetLife Insurance Berhad (“AmMetLife”) employees will mentor school children in financial management, leadership and entrepreneurial skills through the JA Start-Up Programme. Implemented by Junior Achievement Malaysia (JA Malaysia) and funded by MetLife Foundation, this programme will provide students with the opportunity to experience and learn the complete life cycle of a company. According to Ramzi Toubassy, Chief Executive Officer, AmMetLife, “We are pleased to support JA Malaysia in inculcating financial literacy and entrepreneurial skills among these students. We believe the JA Start-Up Programme provides these students with the ability to build a foundation of financial security and career accomplishment that will benefit them, their families and their communities.” Commenting on MetLife Foundation’s role in driving financial health in Malaysia, Krishna Thacker, the Asia Regional Director of MetLife Foundation, said “At MetLife Foundation, we believe financial health belongs to everyone. Supporting young students as they learn and experience the process of entrepreneurship, including setting up a business and designing and selling their products, is an excellent way to ensure that we lay a solid foundation for financial health.” Over a span of five months, the students will work in teams and learn how to register a company, appoint a managing director, establish the management team, and sell share certificates. Once the company is in place, they will then proceed to develop their own product line and eventually produce and market their products. The Ministry of Education recognises and supports this programme, which is facilitated through workshops conducted monthly at identified schools in Perak. These workshops are led by JA Malaysia staff and facilitated by corporate volunteers from AmMetLife and MetLife offices in Kuala Lumpur. The volunteers will guide and provide practical advice to the students in areas of finance, operations, human resource planning, marketing and sales. “Through this programme our employees are able to empower the students to make a connection between what they learn in school and how it can be applied in the real world – enhancing the relevance of their classroom learning and increasing their understanding of the value of staying in school. Skills-based volunteering has become a cornerstone of our philanthropic efforts to bring social good to the communities we serve,” Ramzi added. The JA Start-Up Programme will peak with a Student Product Expo at a leading mall in Kuala Lumpur in September where students will be able to showcase and sell their products. A judging committee comprising of employees from AmMetLife and MetLife offices in Kuala Lumpur will assess each team. Winners will be identified for various categories, including Best Product, Best Annual Report and Best JA Start-Up Company. Mr. Stuart Dean, Chairman of JA Malaysia, said, “We are glad to be partnering with global organisations such as MetLife to help young people, especially in smaller towns and rural areas, realise their potential beyond textbooks and to learn and experience hands on skills that are necessary for the workforce. Through this collaboration we are able to empower a generation that is capable of supporting themselves, their families and society.”


 
 
 

11 Comments


gwen mallard
gwen mallard
Mar 02

Working on construction projects often requires specialised tools to handle tough materials. The term concrete breaker hire refers to renting heavy-duty equipment designed to break concrete safely and efficiently. This option is cost-effective, especially for short-term or project-based work. The College of Contract Management explains proper equipment utilisation in its construction management courses.

Like

Jonathan. Hall.
Jonathan. Hall.
Feb 03

I read the post about driving financial literacy among school children, and it shows how a programme in Malaysia gets kids hands-on with business basics like registering a company, managing teams, and selling products to really learn how money works beyond textbooks. I remember being so swamped with deadlines that I used management assignment writing help once to keep my project on track and avoid panic. It made me think about how important practical lessons like financial skills are for young learners everywhere.

Like

alexis smith
alexis smith
Feb 02

Gaining understanding of the best cavity wall insulation allows learners to make smarter renovation decisions. The College of Contract Management teaches current practices used in the construction industry. The course covers cost analysis, material selection, and energy efficiency. Many have benefitted from the course and applied knowledge effectively.

Like

Hammad Raza
Hammad Raza
Jan 10

I found matlab assignment help useful while practicing MATLAB problems, especially for understanding logic errors and improving my coding approach.

Like

Mateo Ardanza
Mateo Ardanza
Jan 05

The types of cyber security jobs and salary include roles such as IT Support and Cyber Security Analyst and salary for an entry level ranging from £30.000--£50.000 annually. The figures potentially have the chance to increase by taking qualification in the cyber security area. The College of Contract Management provides programmes in cyber security to fulfil those needs. By completing the programme, candidates have the certification in cyber security and can use it to make a negotiation for salary increment.

Like
AMCHAM Logo for JA.jpg
ja-footer-min.png

Address 2-3, Jalan PJU 5/11

Dataran Sunway, Kota Damansara,

47810 Petaling Jaya, Selangor
 

Email: engage@jamalaysia.org

Connect with us

  • Icons_LinkedIn
  • Icons_Instagram
  • Icons_Email
  • Icons_Facebook
  • Icons_YouTube_edited
bottom of page