HEC, SECP join hands to pro­mote in­vestor ed­u­ca­tion among youth

Pakistan Observer - - TWIN CITIES - STAFF RE­PORTER

IS­LAM­ABAD—The Higher Ed­u­ca­tion Com­mis­sion (HEC) and Se­cu­ri­ties and Ex­change Com­mis­sion of Pakistan (SECP) Thurs­day signed a Mem­o­ran­dum of Un­der­stand­ing to foster part­ner­ship for in­creas­ing aware­ness about cap­i­tal in­vest­ment and en­cour­ag­ing youth to­wards en­trepreneur­ship through in­vestor ed­u­ca­tion.

Prof Dr Mukhtar Ahmed, Chair­man, HEC and Za­far Ul Haq Hi­jazi, Chair­man SECP signed the MoU at a cer­e­mony held here. Prof Dr Ar­shad Ali, Ex­ec­u­tive Direc­tor HEC and other mem­bers of se­nior man­age­ment from both sides were also present.

Speak­ing at the oc­ca­sion, Dr Mukhtar Ahmed said that ob­jec­tive of this MoU is to put joint ef­forts for rais­ing fi­nan­cial lit­er­acy and in­cul­cat­ing sav­ing and in­vest­ment cul­ture par­tic­u­larly among uni­ver­sity stu­dents while build­ing their fi­nan­cial ca­pa­bil­i­ties.

He said the two sides will help equip­ping stu­dents with skills and knowl­edge so as to make sa­ga­cious fi­nan­cial de­ci­sions and man­ag­ing risks.

Za­far Hi­jazi said though SECP has been spread­ing aware­ness re­gard­ing capi- tal in­vest­ment among youth but joint ef­forts with HEC will be more ef­fec­tive in at­tract­ing youth to­wards en­tre­pre­neur­ial ac­tiv­i­ties.

He also briefed the par­tic­i­pants about in­creased in­ter­est of in­vestors ow­ing to dif­fer­ent SECP ini­tia­tives.

It was agreed to en­hance out­reach of SECP’s Jama­punji project, an In­vestor Ed­u­ca­tion Pro­gramme for stu­dents. Both the in­sti­tu­tions will co­or­di­nate with each other to pre­pare cur­ric­ula for grad­u­ate and post­grad­u­ate stu­dents on Per­sonal Fi­nan­cial Plan­ning.

Fac­ulty De­vel­op­ment Pro­grammes will be or­ga­nized wherein SECP will pro­vide train­ing to uni­ver­sity fac­ulty on In­vestor Ed­u­ca­tion who will then cas­cade it among their col­leagues and stu­dents.

Aware­ness ac­tiv­i­ties will in­clude sem­i­nars, con­fer­ences, work­shops in uni­ver­si­ties across the coun­try in ad­di­tion to hold­ing es­say com­pe­ti­tions, poetry con­tests, de­bates, paint­ing and poster com­pe­ti­tions, IT and an­i­mated video de­vel­op­ment com­pe­ti­tions.

Un­der the MoU, SECP will uti­lize the HEC fa­cil­ity of on­line net­work through which sem­i­nars on “Jama­punji” could be si­mul­ta­ne­ously tele­cast to uni­ver­si­ties.

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