Bangkok--3 Jun--SET
The Stock Exchange of Thailand (SET), jointly with Thailand Futures Exchange pcl (TFEX), Muang Thai Life Assurance pcl, PTT pcl, Kasikornbank pcl, and other institutional alliances, hold "Young Financial Star Competition 2016" (YFS 2016), in search of new generation of financier champions from university students nationwide, competing for scholarships with domestic and overseas training programs worth a total of THB 6 million (approx. USD 170,000).
SET President Kesara Manchusree said, "On the road towards sustainability, SET has cultivated financial and investment planning skills to craft young professionals for the Thai capital market. YFS, organized by SET and partners for 14 consecutive years, has proven our commitment to groom quality investors and young up-and-coming professionals for the Thai capital market."
"Over the period of 14 years, the contest had been participated by more than 64,000 candidates. This year there are 5,640 candidates from 88 universities nationwide, of which 65 percent come from various provinces. To serve the growing demand, SET has added more testing centers in those areas. This truly reflects that young people nationwide has been more interest in investment. The result is also satisfying. As for the YFS 2015, a total of 185 students have successfully passed the single license exam, while 153 students have earned derivatives licenses," added Kesara.
After undergoing the first round of selection process this year, 333 students from 39 universities are qualified to attend intensive training on finance, investment, insurance and social responsibility. The updated contents include latest investment trends such as FinTech, etc., on top of the digital learning tools ranging from application to SET e-book, e-tutor, e-training and digital testing on www.set.or.th/yfs
This year, the students who have passed the first round selection process will take the single license and derivatives licenses exams as part of selection process for the next round. In the final round: 25 students selected to SET Investment Star team will earn the Certified Investment and Securities Analyst program (CISA) training and exam scholarships, while 25 students from of K-Expert Star team will be granted the Certified Financial Planner program (CFP) training and exam scholarships. These exams are key passports to enter the capital market career.
The competition has taken place since January this year and the final round will be in August. In addition, SET has initiated mechanisms to craft professionals for the Thai capital market via a number of practical projects such as Young CFO-Corporate Financial Officer 2016 to prepare students for investor relations and financial analysts; New Breed @ U-Net 2016 to produce securities and derivatives investment consultants via university network nationwide; the recently launched enterprise learning project with the first curriculum "STARTUP Fundamental Course". For more information, please visit www.set.or.th .
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