Cambodia will spearhead a pilot program for developing countries in Southeast Asia to incorporate financial literacy into school curricula, Phnom Penh Post Mention the country’s Ministry of Education, Youth and Sports.
The project will start by offering corresponding courses in selected schools in Kampong Cham, Kampot and Siem Reap provinces. They will be added to grades 1 to 12 with the aim of improving students’ understanding of how to manage money from an early age, said Mosalom, deputy director of the General Directorate of Education at the Ministry of Education.
“We are combining financial literacy, information technology and foreign languages to deal with the context of Industry 4.0,” he said, referring to the so-called fourth industrial revolution.
develop financial literacy
Sarom added that the trial to integrate financial literacy into the school curriculum will involve four subjects: maths, ethics and civics education, basic life skills and housework.
He said the Ministry of Education has written textbooks in this area and trained leading teachers from the three provinces to teach courses and pass on their knowledge to their colleagues.
According to the corresponding training manual, the goal of the additional courses is to develop the students’ financial understanding and intelligence, especially with regard to loans, credit and their general attitude towards money management.
“Valuable life skills”
Siem Reap Provincial Education Minister Ly Bunna applauded the move, saying it will provide students with “invaluable life skills”.
However, he added that its integration with the four subjects has not been fully smooth as the scheme is still in the developmental stage.
“We found some small difficulties during the pilot phase; we are looking at improving the integration process before it becomes part of the national school curriculum,” he said.
not everyone agrees completely
Ouk Chayavy, president of the Independent Teachers Association of Cambodia, supports the inclusion of the subject in school curricula, but suggests it should start in secondary or seventh grade, when students are more mature.
“I think it’s too early to understand financial issues in first grade. I think it’s better to spend time on Khmer language skills. Some students even reach seventh grade and can’t read the Khmer script fluently,” she noted.
The Phnom Penh Post mentioned the country’s Ministry of Education, Youth and Sports that Cambodia will be the first to launch a pilot program for developing countries in Southeast Asia to incorporate financial literacy into school curricula. The project will start by offering corresponding courses in selected schools in Kampong Cham, Kampot and Siem Reap provinces. They will be added to grades 1 to 12 with the aim of improving students’ understanding of how to manage money from an early age, said Mosalom, deputy director of the General Directorate of Education at the Ministry of Education. “We are integrating financial literacy, information technology and foreign languages to…
Cambodia will spearhead a pilot program for developing countries in Southeast Asia to incorporate financial literacy into school curricula, Phnom Penh Post Mention the country’s Ministry of Education, Youth and Sports.
The project will start by offering corresponding courses in selected schools in Kampong Cham, Kampot and Siem Reap provinces. They will be added to grades 1 to 12 with the aim of improving students’ understanding of how to manage money from an early age, said Mosalom, deputy director of the General Directorate of Education at the Ministry of Education.
“We are combining financial literacy, information technology and foreign languages to deal with the context of Industry 4.0,” he said, referring to the so-called fourth industrial revolution.
develop financial literacy
Sarom added that the trial to integrate financial literacy into the school curriculum will involve four subjects: maths, ethics and civics education, basic life skills and housework.
He said the Ministry of Education has produced textbooks in this area and trained leading teachers from the three provinces to teach courses and pass on their knowledge to their colleagues.
According to the corresponding training manual, the goal of the additional courses is to develop the students’ financial understanding and intelligence, especially with regard to loans, credit and their general attitude towards money management.
“Valuable life skills”
Siem Reap Provincial Education Minister Ly Bunna applauded the move, saying it will provide students with “invaluable life skills”.
However, he added that its integration with the four subjects has not been fully smooth as the scheme is still in the developmental stage.
“We found some small difficulties during the pilot phase; we are looking at improving the integration process before it becomes part of the national school curriculum,” he said.
not everyone agrees completely
Ouk Chayavy, president of the Independent Teachers Association of Cambodia, supports the inclusion of the subject in school curricula, but suggests it should start in secondary or seventh grade, when students are more mature.
“I think it’s too early to understand financial issues in first grade. I think it’s better to spend time on Khmer language skills. Some students even reach seventh grade and can’t read the Khmer script fluently,” she noted.
