More than 12,000 school teachers in Armenia to have course in financial literacy
03.04.2019,
16:21
More than 12,000 school teachers in Armenia will have a course in financial literacy, which is part of a broader program, designed for schools, Central Bank expert on financial education Artur Pokrikyan said on Wednesday.
YEREVAN, April 3. /ARKA/. More than 12,000 school teachers in Armenia will have a course in financial literacy, which is part of a broader program, designed for schools, Central Bank expert on financial education Artur Pokrikyan said on Wednesday.
He said a pilot program on financial education designed for schools started in September 2017 embracing 14 schools and 46 teachers, who had a special advanced training course to be able to teach students the basics of financial literacy.
The three-year project is supposed to train more than 10,000 teachers and introduce the financial literacy subject in all 1,438 schools across the country. Pokrikyan said the program includes also creation of an electronic financial education platform for teachers and students, reference and guidebooks on financial literacy for teachers.
He specified that the financial literacy course is part of Mathematics and Me and the World subjects for students of grades 2-4, Mathematics and Algebra subjects for students of grades 5-11 and Social Studies subject for students of grades 8-11.
The expert said it is it important that knowledge is not provided as a separate subject, but as an integral part of the educational process. Children learn the basics of financial literacy by integrating its elements into the overall program, which s getting more and more complicated from 2 to 11 grades.
Pokrikyan also noted that children receive basic knowledge in the field of financial literacy, and then share it with their family members, thus securing a broader effect.
Armenak Darbinyan, Central Bank Board member, said the overall goal is not only to improve financial literacy, but also offer institutional solutions, in particular, within the framework of the National Strategy on Financial Education, integration of elements of financial education into the educational program.
In 2014, the Government of Armenia, in cooperation with the Central Bank, developed and approved a joint National Strategy for the Development of Financial Education. One of the most important parts of this strategy concerns the introduction of financial education in schools to teach students the basics of financial literacy. -0-
He said a pilot program on financial education designed for schools started in September 2017 embracing 14 schools and 46 teachers, who had a special advanced training course to be able to teach students the basics of financial literacy.
The three-year project is supposed to train more than 10,000 teachers and introduce the financial literacy subject in all 1,438 schools across the country. Pokrikyan said the program includes also creation of an electronic financial education platform for teachers and students, reference and guidebooks on financial literacy for teachers.
He specified that the financial literacy course is part of Mathematics and Me and the World subjects for students of grades 2-4, Mathematics and Algebra subjects for students of grades 5-11 and Social Studies subject for students of grades 8-11.
The expert said it is it important that knowledge is not provided as a separate subject, but as an integral part of the educational process. Children learn the basics of financial literacy by integrating its elements into the overall program, which s getting more and more complicated from 2 to 11 grades.
Pokrikyan also noted that children receive basic knowledge in the field of financial literacy, and then share it with their family members, thus securing a broader effect.
Armenak Darbinyan, Central Bank Board member, said the overall goal is not only to improve financial literacy, but also offer institutional solutions, in particular, within the framework of the National Strategy on Financial Education, integration of elements of financial education into the educational program.
In 2014, the Government of Armenia, in cooperation with the Central Bank, developed and approved a joint National Strategy for the Development of Financial Education. One of the most important parts of this strategy concerns the introduction of financial education in schools to teach students the basics of financial literacy. -0-
