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Corporate Social Responsibility May 24, 2019

BDO Foundation, DepEd and BSP launch new financial education videos

Photo caption: As many as 800,000 teachers and non-teaching personnel, and 24 million students in more than 47,000 public schools nationwide are projected to benefit from the financial education program for public schools, a partnership project of BSP, DepEd and BDO Foundation.

BDO Foundation, the Department of Education (DepEd) and Bangko Sentral ng Pilipinas (BSP)–the partners behind the financial education program for public schools–are adding more content to the program with the launch of a new batch of five financial literacy videos.

The videos were unveiled in an event led by DepEd secretary Leonor Magtolis Briones, BSP Center for Learning and Inclusion Advocacy managing director Pia Roman Tayag and BDO Foundation president Mario Deriquito. The launch was witnessed by DepEd undersecretary Annalyn Sevilla, DepEd undersecretary Tonisito Umali, DepEd assistant secretary Alma Ruby Torio and other officials of BSP, DepEd and BDO Foundation.

The financial education program now has a total of 10 videos, which cover such topics as savings, budgeting and financial planning, investments, managing debt, the responsible use of credit, entrepreneurship and avoiding scams, among others. These videos are accompanied by lesson plans and discussion guides developed by DepEd specialists and master teachers with support from the foundation and BSP.

Developed by BDO Foundation in collaboration with DepEd and BSP, the educational videos as well as the corresponding lesson plans and discussion guides are used in classroom discussions for students and DepEd’s regular training sessions for teachers and non-teaching personnel. The videos help make discussions on financial responsibility more engaging and compelling for the target audience. To make the materials more accessible to the teachers and trainers, DepEd has uploaded them into the DepEd Learning Portal, where teachers usually get their teaching materials.

With more content in the program’s library of educational materials, BDO Foundation, DepEd and BSP continued to launch the initiative all over the country. The financial education program for public schools has been launched at separate events in Regions II, III, IV-A, V, VI, VII, X, XI and XIII. At the events, the foundation donated LED television sets and USB memory drives containing the financial literacy videos to DepEd regional directors and schools division superintendents.

The financial education program for public schools is the flagship corporate citizenship initiative of BDO Foundation, the corporate social responsibility arm of BDO, under its financial inclusion advocacy. It supports the efforts of DepEd to strengthen financial literacy in the K-12 curriculum and provide financial education for its teaching and non-teaching personnel. The tripartite initiative was forged under the BSP’s National Strategy for Financial Inclusion, particularly the pillar on Financial Education and Consumer Protection.