South Korea's FSS opens applications for youth financial lectures for job seekers
In short
South Korea's Financial Supervisory Service (FSS) said on Oct 6 that it will run a “Youth Financial Special Lecture” programme for university graduates-to-be and job seekers. Universities can apply to host the programme from Oct 6 to 19, choosing a lecture, educational video or textbook format, with in-person lectures scheduled from Nov 2 to Dec 18. The FSS said the content covers asset management basics and prevention of crypto-linked investment fraud and high-paying overseas job scams.
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South Korea's Financial Supervisory Service said on Oct 6 that it will run a “Youth Financial Special Lecture” programme for people with limited financial-transaction and social experience, mainly job seekers and university students due to graduate. Universities wishing to host the programme can apply from Oct 6 to 19 through the FSS e-Financial Education Center website, while students sign up for courses opened at university job plus centres (대학일자리플러스센터) nationwide. [ 1 , 3 ]
The curriculum covers asset-management basics for people starting out, including spending control, managing a lump sum, credit and debt management, insurance and fraud prevention. The FSS said it will strengthen education aimed at preventing the side effects of excessive borrowing to invest (빚투) and get-rich-quick thinking, and will explain the types and risks of crypto-linked investment fraud and high-paying overseas employment scams, which it said are producing a growing number of victims among young people. It also covers illegal practices such as 대리입금, or proxy deposits, and how to respond. [ 1 , 3 ]
Host universities may choose among three formats: a special lecture, an educational video or printed teaching materials. From Nov 2 to Dec 18, FSS financial education professors will give two-hour in-person lectures to job seekers at each university, according to Asia Economy. A board-animation video set covers four themes — spending, lump-sum management, risk management and fraud prevention — and a textbook titled “파릇파릇 자산관리” covers fraud prevention, saving and using a lump sum, buying insurance, and debt and credit management. [ 1 ]
An FSS official said the programme is expected to help young adults build assets, prevent financial-fraud damage and form what the service described as a sound financial mindset, including the principle of self-responsibility. [ 1 ]
The documents do not state how many universities or students will take part, or whether the programme is free of charge. [ 1 , 2 , 3 ]
Why it matters
The programme is a regulator-run education push aimed at young adults entering financial life, and it signals that the FSS sees crypto-linked investment fraud and overseas employment scams as growing risks for that group. Because it is delivered through universities and their job centres, its reach depends on how many institutions apply. The documents give no data on participation targets or outcomes.
Key facts
- The Financial Supervisory Service said on Oct 6 it will offer a “Youth Financial Special Lecture” for job seekers and graduates-to-be. [ 1 , 3 ]
- Universities can apply to host the programme from Oct 6 to 19 through the FSS e-Financial Education Center website. [ 1 ]
- Students and job seekers sign up for courses opened at university job plus centres nationwide (대학일자리플러스센터). [ 1 , 3 ]
- Host universities may choose a special lecture, an educational video or a textbook-based programme. [ 1 , 3 ]
- In-person lectures of two hours are to be given by FSS financial education professors from Nov 2 to Dec 18. [ 1 ]
- The curriculum covers spending, lump-sum management, risk management and fraud prevention, including crypto-linked investment fraud and high-paying overseas job scams. [ 1 , 3 ]
- The FSS said it will strengthen education aimed at preventing side effects of excessive borrowing to invest (빚투) and get-rich-quick thinking. [ 1 ]
Confirmed by several sources
- The FSS is accepting applications to host the youth financial lecture programme from Oct 6 to 19. [ 1 , 3 ]
- Job seekers and soon-to-be graduates can attend, applying through university job plus centres. [ 1 , 3 ]
- Host universities may choose between a special lecture, an educational video or teaching materials. [ 1 , 3 ]
- Topics include crypto-linked investment fraud and high-paying overseas employment scams. [ 1 , 3 ]
Still unclear
- No figure is given for the number of universities, lectures or students the programme will cover. The documents describe the programme's structure but give no participation targets or scale.
- The documents do not say whether attending the lectures costs students anything. Fees are not mentioned in any document.
- The Newsis item carries a headline about the FSS youth financial lecture, but its article text discusses a National Assembly audit of the Supreme Court instead. The body text does not match the headline, so only the headline was used for this outlet.