The Faculty of Business (FOB) reaffirmed its commitment to community engagement through its Knowledge Transfer Programme (KTP), Smart Money Skills for Future-Ready Youth. Held in July 2026, the programme was conducted for Middle 2 students of Pay Fong Middle School, Melaka, under the guidance of Ms. Tay Lee Ying and Mr. Tan Gek Siang.
Designed to bridge academic expertise with community needs, the programme introduced practical financial literacy concepts to secondary school students, equipping them with essential knowledge and skills to make informed financial decisions as they prepare for higher education and greater financial independence.
The programme featured three interactive learning activities. The Financial Decision Walk engaged students in a Yes/No game that encouraged them to reflect on their financial habits while sparking discussions on responsible financial behaviour. The Risk and Reward Challenge demonstrated the relationship between risk, planning, and decision-making by allowing students to choose different levels of risk in exchange for varying rewards. Meanwhile, the Budget Allocation Challenge required participants to distribute a limited budget using beans before responding to unexpected life-event scenarios that tested their ability to adjust spending priorities. The session concluded with group discussions, key takeaways, and individual reflections, culminating in the development of personal financial action plans.
Post-programme assessments indicated encouraging outcomes, with participants expressing greater confidence in preparing simple budgets, a better understanding of the relationship between risk and reward in financial decision-making, and increased awareness of the 50-30-20 budgeting rule as a practical approach to managing personal finances.
In conjunction with the Education Fair 2026 at Pay Fong Middle School, FOB also collaborated with the Student Representative Office (SRO) to showcase MMU’s academic programmes and raise students’ awareness of the educational opportunities available at the University. Beyond strengthening financial literacy, the initiative provided valuable exposure to future study pathways, supporting students in making informed academic and career decisions.
Through initiatives such as KTP, FOB continues to promote financial literacy among young learners while extending the University’s expertise to the wider community, contributing to the development of informed, financially responsible, and future-ready youth.
