“We had been in search of methods to raised have interaction with highschool college students and this appeared like a good way to do exactly that,” mentioned Andrew Head in regards to the Excessive College Private Finance Planning Camp that occurred at WKU June 27-30. Head, an Affiliate Professor within the Division of Finance and Director of the WKU Middle for Monetary Success (CFS), labored for 2 years with the CFS Program Supervisor Zach Jones, together with division college, employees, and Middle for Monetary Success scholar coaches to implement this residential summer season camp.
Head mentioned, “Kentuckians, sadly, have a tendency to not rank very excessive in numerous monetary literacy/functionality research. In the meantime, the WKU Division of Finance and the Middle for Monetary Success have a wealth of data and sources to share on this matter.”
The camp gave college students the chance to community with native monetary advisors (together with a go to to native companies), acquire management and team-building expertise, and extra. The camp additionally included a team-based monetary planning case examine competitors the place a monetary plan will likely be developed for prizes.
“Every day we deal with totally different matters, together with SMART targets, spending plans, checking account choice and administration, training financing, debt and credit score, investing and retirement plans, taxes, worker advantages choice and extra,” Head defined.
The inaugural group consisted of 14 college students from totally different components of Kentucky.
The mission of the WKU Middle for Monetary Success is to be the first and coordinating useful resource in aiding the college and regional group in turning into financially knowledgeable and impartial by using a mixture of college experience, peer-to-peer teaching and utilized monetary planning training.
Head expressed, “Our program has grown tremendously since its founding in 2013. We proceed to set new data for teaching conferences with college students every semester, conducting greater than 300 of those within the 2020/21 AY alone.”
To be taught extra in regards to the Division of Finance, go to https://www.wku.edu/finance/.