Financial Supervisory Service Launches 'Practical Finance Course' to Strengthen Financial Competency of Young Adults

Online Course Launched on K-MOOC Platform
Practical Finance Education Program Now Open for Enrollment

The Financial Supervisory Service announced on May 15 that it will launch a practical online finance course for adults, including young people, to strengthen their financial competency.

The course will be offered on K-MOOC (Korea Massive Open Online Course), an open online course platform operated by the National Institute for Lifelong Education. Currently, 175 universities and 23 institutions are offering courses on this platform.

The Financial Supervisory Service plans to accept applications for the course twice a year through the K-MOOC website and operate it as a 15-week program. Participants who meet certain requirements will receive a certificate of completion to verify their achievement.

This year, the first session of the course will run for 15 weeks from May 26 to September 7. The second session will be held from November this year to February next year.

The course content is designed to enhance understanding of all aspects of financial life, including financial products such as savings, investment, insurance, pensions, and loans, as well as financial planning and financial consumer protection.

A representative from the Financial Supervisory Service emphasized, "Anyone, including university students, young adults starting their careers, and the general public, will be able to learn essential and up-to-date financial knowledge without any time or location constraints." The representative also highlighted that "the course will help young people protect themselves from the negative consequences of financial misuse, such as Bittu (investing with borrowed money) and Yeongkkeul (maxing out loans by mobilizing every possible resource)."

This content was produced with the assistance of AI translation services.