ILP Talk Enhances Students’ Understanding of Financial Planning and Decision-Making

Financial decision-making and long-term planning were the key focus of an online Industrial Learning Programme (ILP) session for students from the Faculty of Management (FOM), held recently. The session aimed to strengthen students’ understanding of financial goal setting in the context of a digital and rapidly evolving economy.

Coordinated by Dr. Goh Han Hwa and Dr. Jack Ng Kok Wah, the session served as a platform to complement classroom learning with real-world financial perspectives, helping students connect economic theories with practical financial behaviour. The session featured Koh Kian Guan, Head of the Agency Builder Department, LPA Team, who shared insights drawn from his personal experience in financial management and professional development. He highlighted that financial literacy goes beyond theory, emphasising it as a lifelong skill that influences daily decision-making. He also drew attention to the link between individual financial behaviour and broader macroeconomic stability.

Students were introduced to the importance of financial planning in achieving long-term goals such as further education, home ownership, and family planning. The discussion also highlighted the growing importance of financial awareness among young adults in an increasingly digital and interconnected economy. Overall, the session provided students with practical exposure to financial thinking and planning, reinforcing the importance of developing strong financial habits that contribute to both personal growth and a more stable economic environment.