Singapore Exchange (SGX) and the National Institute of Education (NIE), Singapore today launched an initiative to increase financial literacy and investment knowledge among teachers.

Driven by the Citi-NIE Financial Literacy Hub for Teachers and the SGX Academy, this programme will tap on NIE's strength in curriculum design and pedagogy and SGX Academy's expertise in finance and investments to deliver a structured financial education roadmap for teachers. The programme includes:

  • a comprehensive six-module investment education programme for teachers;
  • equipping teachers with knowledge in using online investment resources, such as SGX StockFacts and MyGateway; and
  • giving teachers free access to SGX Academy's various investor education seminars and activities

The partnership is expected to progressively benefit more than 30,000 teachers and trainee teachers, providing them with personal and professional development by broadening their skill sets into the area of financial management and investments.  Teachers who complete the full curriculum under the financial education roadmap will be awarded with a certificate from NIE. The estimated value of the SGX-NIE programme is around S$1.5 million.

Lynn Gaspar, Senior Vice President and Head of Retail Investors at SGX, said, "At SGX, we believe that knowing how to manage personal finances and investments is an important life skill to achieve financial independence. This is why we have partnered with NIE in this important initiative to empower teachers with financial skills, and through them, to educate and mould future generations into confident and effective investors."  

"As NIE moves towards becoming an institution of leading education programmes for teachers, we are heartened that our continual mission is supported by strong industry leaders in the global market. The programmes shared between Singapore Exchange and NIE will allow us to harness diverse real-time experiences to forge intuitive financial literacy skills for the teaching fraternity. These professional development inroads will pave the way for greater awareness in our schools," said Prof Tan Oon Seng, Director, NIE.



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