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SLP students attend financial literacy workshop
The Office of Student Affairs' Student Leadership Program, in collaboration with the Emirates Foundation for Youth Development, held a financial literacy workshop entitled Esref Sah on Sunday, March 2, 2014 at AUS.
Twelve students attended the workshop and learned about various topics related to financing, spending and saving. The Esref Sah workshop is intended to build a national program that addresses the challenges young people face in managing their personal finances. Research has shown that young people around the world and particularly in the UAE often struggle to manage the wide array of sources of debt and often do not have sufficient knowledge to manage their future asset base. The workshop highlighted the importance of entrepreneurship and set forth examples of Emirati nationals who are successful entrepreneurs.
"Although I'm majoring in finance, the workshop extraordinarily benefited me. I learned what type financial personality I was, and how to improve my own dealings with financial issues," said Khalid Al Naqbi, a junior majoring in finance.
"By attending the Esref Sah Workshop I've increased my knowledge and interest regarding personal finance, especially about the disadvantages of debts and the benefits of investing in stocks and bonds. This workshop definitely motivated me to learn more about the exchange market and be involved in financial trading," said Omar Ben Seddik, a finance freshman.
"The Financial Literacy Workshop was organized under SLP's Student Training and Workshop Series. It shed light on financial management, a skill that many of our youth lack these days. The workshop was an eye opener and students learned how to manage their current and future assets more wisely. We thank the Emirates Foundation for Youth Development and look forward to future cooperation for the betterment of our students and communities," said Dr. Moza Al Shehhi, Vice Chancellor for Student Affairs.