Citi-NIE Financial Literacy Education Conference 2009

Citi-NIE Financial Literacy Education Conference 2009

Friday, 15 January 2010


The Citi-NIE Financial Literacy Hub for Teachers (FL Hub) will be organising the Citi-NIE Financial Education 2009 Conference on 16 November 2009. The FL Hub was first launched in October 2007.introducing first-of-its-kind education programme to equip teachers with skills to teach financial literacy to students. In 2007, Citi Foundation pledged a commitment of S$795,000 to support research and training for teachers over two years.

Since the launch, more than a thousand teachers from more than one hundred secondary schools in Singapore have been trained in financial literacy. Partner schools of the FL Hub implemented financial literacy in various ways: some infusing FL concepts in the core curriculum, some taught them as part of values education, and some organised enrichment activities and courses as post-examination activities. Cluster school events and community events were also organised to heighten awareness and motivate students to want to learn more about financial literacy.

Research was conducted as an integral part of continuously improving the financial literacy programmes implemented over the last two years. Highlights of the conference include presentation of these research findings and showcase of exhibits by teachers and students of the FL Hub’s partner schools. The research findings are enclosed at Annexe A and details of the conference programme are at Annexe B.

During the conference, Citi Foundation will be presenting an amount of S$328,000 to the Citi-NIE Financial Literacy Hub for Teachers to support further research and training for teachers.


On 31 October 2007, the Citi-NIE FL Hub for Teachers was launched. The Citi-NIE Financial Literacy Hub for Teachers serves to:

  • provide financial literacy courses to empower teachers to teach financial education to students;
  • carry out research to evaluate the success of financial literacy programs; and
  • set up a networked learning community where a digital repository of resources, is made accessible to teachers.

The Citi-NIE Financial Literacy Hub for Teachers provides training courses for teachers in personal and professional development, thus equipping them to promote financial education in schools. These courses aim at empowering participants with ideas and pedagogical skills to infuse financial literacy in the curriculum as well as providing participants with a conceptual understanding of the different models of motivating students in acquiring financial literacy skills and knowledge. Follow-up support like sharing of best practices and organising events will further hone their skills and pool resources for the implementation of financial education in their schools.

Since our launch in October 2007, 1400 teachers from more than 100 schools have attended our programmes on managing personal finance and pedagogy for teaching and learning of financial literacy to students. We have also assisted schools in conducting 20 financial literacy cluster carnivals and events for their respective clusters. Each cluster event had approximately 200 student participants. Other events that were organized to create awareness amongst the public about the importance of being financially literate included weekend events like a FUN trail around our business district area, a Financial Literacy and Enterprise Bazaar at a local shopping centre and the Dollars & Sense community outreach event which attracted between 200 to 2000 participants at each of these events.



It is one thing to recognize the value of innovation but quite another to make it happen. Realising that follow-up support like sharing of best practices will further hone skills and pool resources for the implementation of financial education in schools, the Citi-NIE Financial Literacy Conference is organised to serve as a platform for the sharing of knowledge and best practices among educators in Singapore. Among the objectives of the conference are to:

  1. Provide an opportunity for teachers, school leaders, researchers and practitioners to showcase and share best practices,
  2. Serve as a platform for academics and practitioners to interact and network, and make linkages between theory and practice, and
  3. Promote and facilitate collaborative research and exchange of resources for the teaching and learning of financial literacy.

Highlights of the conference include paper presentations and showcase exhibits of teachers and students from our partner schools in Singapore. These have been the pioneers in championing the cause to pilot financial literacy through the infusion of financial literacy messages into the day-to-day core curricular lessons or as co-curricular and enrichment programmes. This conference will provide a platform for the sharing of best practices by these educators who have succeeded in turning innovative ideas into reality with their students.

View 2009 conference here :
View 2008 conference here: