Bangkok--May 13--SET
The Stock Exchange of Thailand (SET) forges ahead to enlarge its investor base and educate the market. Most recently, it signed a memorandum of understanding (MOU) with Srinakarin Wirote University (SWU) as part of its work of establishing courses in personal finance in universities nationwide. The SET Corner will also be set up in SWU’s central libraries at its Bangkok and Ayudhya campuses.
After the MOU signing ceremony today (May 12, 2005), the President of the SET, Mr. Kittiratt Na-Ranong, said, “The SET has placed an emphasis on continuing its educational outreach through its university networking program in all regions, to reach all targeted audiences, including students, investors and capital market professionals.
“The SET and SWU will work closely to provide SWU’s students and faculty alike with fundamental information on finance and investment. The two organizations will also actively encourage the inclusion of the SET’s personal finance course in all faculties’ curriculums.
“Furthermore, we will jointly collaborate in developing a Bachelor degree curriculum to meet the market’s demand. Working together, we will seek joint accreditation for the new degree. We are striving to make it easier for students who wish to pursue their careers in the capital market after graduation,” the SET President said.
Under this collaboration, educational activities for SWU’s students, lecturers, and staff, as well as interested members of the public, will include several useful training courses, e.g., “Making Sense of Money”, “Investing in Stocks”, “Investing in Bonds”, or “Derivatives Fundamentals” plus the e-learning facilities on www.tsi-thailand.org.
As Mr. Kittiratt continued, “The SET will also set up a ‘SET Corner’ here at SWU to provide a collection of books, magazines, and finance & investment information services. This will include our SETSMART facilities and an online information service that will be able to be accessed in the central libraries of both SWU’s Bangkok and Ayudhya campuses.”
The President of Srinakarin Wirote University, Prof. Wiroon Tungcharoen, Ph.D., said that collaborating with the SET would expand learning opportunities and benefit Thailand’s economic development. SWU is a leading academic institution which has been dedicated for the past 56 years to producing and developing quality human resources for the country. Currently the institution has about 30,000 students and staff.
“It is challenging to be involved in educational activities that boost people’s understanding about investment matters. We believe that investing is an area everyone should have at least some understanding of to better enable them to adjust to inevitable changes. Investing is an important factor which will contribute to more economic gains for Thailand in the future,” said the SWU’s president.
SWU is the 8th institution the SET has signed an MOU with under its University Networking Project. The other 7 leading tertiary institutions with are (in chronological order) Chiang Mai, Khon Kaen, Chulalongkorn, Thammasat, and the Prince of Songkhla Universities; Chulachomklao Royal Military Academy, and Mahidol University.
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