Central Philippine University

By Karren Jay G. Asgar


CPU delegation poses for a picture at the ‘Economic Insights and Financial Empowerment: Strengthening the Workforce for Success’ event, held at the Courtyard by Marriott on September 18-19, 2024.

A delegation from the CPU-College of Business and Accountancy (CPU-CBA) recently participated in the Economic and Financial Learning Program (EFLP), themed “Economic Insights and Financial Empowerment: Strengthening the Workforce for Success.” The event was held at the Courtyard by Marriott in Iloilo Business Park, Mandurriao, Iloilo City on September 18-19, 2024.

Hosted by the Bangko Sentral ng Pilipinas (BSP), the program brought together academic institutions, government agencies, and industry experts with the goal of providing participants with the knowledge and tools to make informed about financial decisions.

The first day featured discussions on the core functions of the Bangko Sentral ng Pilipinas (BSP) and how its policies impact individuals and businesses. Additionally, sessions covered how key economic indicators measure the country’s performance and their relevance to personal and business financial planning, as well as the fundamentals of personal financial management.

The second day focused on practical tips for investing in government securities, unit investment trust funds (UITFs), and mutual funds. It also included a discussion on the rights and responsibilities of financial consumers under the Financial Products and Services Consumer Protection Act (FCPA).

The CPU delegation, led by Dr. Lorna T. Grande, Dean of the CPU-CBA, and comprising 30 faculty members including Dr. Carmen Hernandez, Head of the Business Administration Department, and Dr. Christine Golilao, Head of the Accountancy Department, actively engaged in the seminars and workshops, gaining valuable insights into financial literacy and economic trends.

CPU’s participation in the EFLP underscores its commitment to equipping the Centralian community with the skills and knowledge necessary to navigate today’s economic landscape. Faculty members plan to integrate these insights into the curriculum to enrich classroom discussions and better prepare students for future financial challenges.