Launch of Financial Literacy and FinTech Programme

Gedu College of Business Studies (GCBS) as the only Business College under the Royal University of Bhutan (RUB) aspires to provide global business education to aspiring business graduates. Hence the College in collaboration with the Royal Monetary Authority (RMA) launched the Financial Literacy & FinTech Certificate Programme at the College on 24th March 2021 coinciding with the Global Money Week (GMW) which was from 22nd - 26th March 2021. The launch ceremony was graced by the Hon’ble Governor Dasho Penjore, Hon’ble Vice Chancellor Dasho Nidup Dorj, the President of the College, senior officials from RMA, faculty, staff, and students from the College.

The Dean of Research and Industrial Linkages (DRIL), Mr. Samten Jamtsho, briefly shared the overview of the programme. He stated that the certificate programme would help acquire the knowledge, skills and attitudes necessary to make sound financial decisions leading to financial well-being and financial resilience.

With an abundance of credit products available in the market like a credit card, overdraft facility on debit cards, and EMI, such financial literacy has become urgent and important. He further added that understanding debt and having basic financial knowledge would help individuals to use these products responsibly.

The College envisions molding its graduates into citizens, who have a deeper understanding of financial dynamism by continuing to impart financial literacy. The programme is offered to final-year students of BCom and BBA for a period of two months.  The programme contains three modules as Financial Literacy & Financial Inclusion, Money & Managing Personal Finance, and Financial Technology in a progressive mode. Upon successful completion of the programme, the students will be awarded a joint certificate (RMA-GCBS) on ‘Financial Literacy & FinTech’ 

The launch ceremony was graced by Hon’ble Vice Chancellor Dasho Nidup Dorj, Hon’ble Governor Dasho Penjore, The President of the College, Dr. Sonam Choiden, senior officials from RMA, faculty, staff, and students from the College.

Students of GCBS with the Governor displaying their artwork to commemorate the Global Money Week