NEW FINANCIAL EDUCATION COURSE FOR CHILEAN ENTREPRENEURS ANNOUNCED
FEN dean and former Chilean minister of the economy José De Gregorio highlighted the importance of financial education: “Our lives are full of financial decisions and that is why we entrepreneurs and young people; they are the future and we want them to be prepared with proper training, so they can understand how financial decisions are made.” He added that, since its creation in 2021, Manos a la Obra and other associated courses within the Mi Barrio Financiero (My Financial District) programme, “have allowed us to must focus on certain segments. “This programme focuses on extend the borders of the faculty and its connection with the environment. We have already trained more than 18,000 entrepreneurs with the Never Too Late course. “It is our objective to continue the collaboration agreement we have with ABIF and to extend its coverage by incorporating new partners in order to continue promoting financial education among the population,” De Gregorio concluded. CD “The free online financial course features a contest that will award the best 10 entrepreneurs one million pesos to boost their business”
body INACAP (the National Institute for Professional Training) features a contest that will award the 10 best entrepreneurs one million pesos (c $1,080) to boost their business ideas. Those who successfully complete the modules will receive a diploma from FEN certifying what they have learned. According to figures from the Central Securities Depository, some 42 per cent of Chileans have a low level of financial knowledge. In addition, according to the latest International Survey of Financial Literacy in Adults by the OECD, (Organisation for Economic Co‑operation and Development) compared to 19 other member countries included in the report, Chile has the worst rating in terms of financial literacy.
SCHOOL Faculty of Economics and Business, University of Chile COUNTRY Chile
T he Faculty of Economics and Business (FEN) at the University of Chile has launched a programme called Manos a la Obra , (or ‘Let’s get to work’) together with banking association ABIF, that is designed to assist entrepreneurs from across the country. The free online financial education course, supported by non-profit
10 Business Impact • ISSUE 3 • 2024
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