Competitors from Khabarovsk region and EIA tested their financial acumen in VTB's marathon event
Fresh Take:
VTB Bank's financial literacy mission for middle professional education students is gaining traction across Russia. A whopping 1,700 students from 32 educational institutions in the Khabarovsk Krai recently participated in the bank's educational marathon on financial literacy, as reported by the Khabarovsk Krai Today news agency.
During these marathons, VTB experts help students navigate the complex world of finance by teaching them about financial safety, savings, and investment opportunities. The marathon format allows students to learn by doing, making the knowledge more accessible and memorable.
The theme of the latest marathon, which took place recently, was "The Path to Financial Freedom." Students gained a deeper understanding of crucial personal finance management topics such as financial balance, debt management, and financial self-assessment tools. The marathon culminated in practical case studies that provided students with real-world applications to develop their financial problem-solving skills.
The winning student was Victoria Romanchuk, a student at the College of the Far Eastern Institute of Management - a branch of RANEPA. Darayana Polianskaya and Diana Semenova, both students at the Amur Polytechnic Technical College, came in second and third, respectively.
"VTB's financial literacy initiative for our children is invaluable," said Alexei Blynzunov. "The practical marathon format enhances learning and allows students to apply necessary skills in a real-life setting. We support the bank's continued efforts in fostering financial culture by 2030."
The next VTB financial literacy marathon in the Khabarovsk Krai will take place this fall, with over 135 marathons planned across Russia by 2025.
VTB's financial literacy education expands nationally as part of its "Creating Financial Opportunities" initiative. By working with government bodies, educational organizations, and non-profits, they develop practice-oriented formats to build financial competencies. Their objectives are in line with the government-approved strategy to improve financial literacy and promote financial culture by 2030. These objectives encompass combating over-indebtedness, encouraging a savings culture, reducing financial fraud risks, and popularizing responsible investment practices.
In summary, VTB aims to expand its financial literacy outreach across the country by 2025, reaching diverse demographics in urban and rural areas through partnerships, events, and digital tools. VTB's program objectives align with national priorities for an informed financial citizenry, digital inclusion, and social responsibility. Offering a practical-focused educational experience, VTB empowers students with the knowledge and skills needed to make informed financial decisions in an ever-changing world.
- Businesses and educational institutions collaborate, as demonstrated by VTB Bank's partnership with the College of the Far Eastern Institute of Management, to provide education-and-self-development opportunities in the realm of finance for students.
- As part of its nationwide mission, VTB Bank's financial literacy initiative not only addresses subjects like savings, investments, and debt management (finance) but also aims at fostering a responsible investment culture by 2030 (business).
