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TDCC launches course program for underprivileged students

Financial Supervisory Commission Chairman Tseng Ming-chung oversaw the launch Thursday of a new course program by the Taiwan Depository and Clearing C...

Financial Supervisory Commission Chairman Tseng Ming-chung oversaw the launch Thursday of a new course program by the Taiwan Depository and Clearing C...

TAIPEI (Taiwan News) – Financial Supervisory Commission Chairman Tseng Ming-chung oversaw the launch Thursday of a new course program by the Taiwan Depository and Clearing Corporation designed to help facilitate employment opportunities for underprivileged students.
Since many youths from less well-off families see the need to work hard to fund their studies, pay back student loans or chose a job which emphasizes financial support for their families, the TDCC decided to set up a course program to help them realize their dreams for work in the financial sector. The program came in direct response to a call from the FSC on the sector to get more involved in social action.
The TDCC emphasized its initiative had brought together the financial, stock market and futures sectors as well as related business associations to back the course and make sure that once the studying was over, there would be employment opportunities available for the graduates.
The Securities and Futures Institute was responsible for the design and implementation of the courses, with ten groups of students from the nation’s 147 universities and colleges who fulfilled the official status of coming from mid- and low-income families.
The program designed not only to give the students fish but to teach them how to catch fish was sponsored by the Taiwan Stock Exchange, the Taiwan Futures Exchange, the Joint Credit Information Center, Financial Information Service Co., Ltd., the Taipei Exchange, TWCA Inc. and Taiwan Ratings.
Tseng said that one of the key aims of the FSC this year was to persuade enterprises to take up their social responsibilities. The movement started with the FSC and its affiliated organs, and would expand to include the whole financial sector, with a third phase which would see participation by all listed companies.
Last year, due to liberalization policies by the government, the overall financial sector for the first time set down a combined profit for the year of more than NT$500 billion, according to Tseng. While the result showed the hard work of the sector on behalf of investors and society, it also underlined the need to give more back to society, the government official said.
The setting up of the courses for underprivileged students formed a key milestone in that trend, Tseng said.
TDCC Chairman Ding Kung-Wha said that his company had quickly set up the course package at Tseng’s initiative and with the assistance of the financial, stock market and futures sectors in order to improve the financial knowledge of students from underprivileged families. The content of the courses would also help the students to take part in examinations for financial certificates and positions and strengthen their competitiveness in the job market, Ding said. He named the end result as the help the students could bring in pulling themselves and their families out of poverty and out of trouble.
The courses are scheduled to start in September at ten core schools in Taipei, Taichung, Tainan, Kaohsiung and Hualien, with applicants from other study directions than finance also accepted, reports said.
Classes will be taught on weekends until April 2016 for a total of 216 hours. Extra elements provided to the students include lunches, books and study materials, and subsidies for certificate exam registration fees. More details are available at www.fly.org.tw.


Updated : 2021-09-17 14:06 GMT+08:00