The Edufinet Project, promoted by Unicaja Banco and Fundación Unicaja, is one of the pioneering financial education programmes in Spain. It currently collaborates with over twenty universities, institutions and business organizations, and its goal is to improve the financial literacy of citizens.
The Edufinet Project, promoted by Unicaja Banco and Fundación Unicaja, and in collaboration with the University of Malaga (UMA), has delivered a workshop on stock markets, organized in two 3-hour sessions, with the goal of teaching students how the equities market works and how to trade stocks.
These workshops are addressed to undergraduate and postgraduate students of the Faculty of Economic and Business Science, and they have a clearly practical approach. The students have received information on topics related to the equities market, such as profitability, risk, valuation and how to trade stocks. Later, the participants have applied the concepts they have learnt through an interactive stock market game.
Among other topics, the students have learnt about the assets traded on the stock market, the different variables with an impact on the share price and yield, risks and costs of investing in stock markets and an overview of taxation.
The Edufinet Project is one of the pioneering financial education programmes in Spain. It currently collaborates with over twenty universities, institutions and business organizations, and its goal is to improve the financial literacy of citizens.
The Edufinet Project has been working for nearly 15 years to bring financial education closer to society. Unicaja is thus one of the first financial institutions in Spain to launch an initiative of this kind. For this purpose, the project currently collaborates with more than ten business organizations and institutions, as well as with 16 universities.
Edufinet was launched, through an Internet portal for the general public, at the end of 2007, although its development began in 2005, within Unicaja. Since it was launched, more than 152,000 people have participated directly in workshops or seminars, of which more than 108,000 were young people. The website www.edufinet.com has received 7.8 million visits, with access and consults from 180 countries.
This Internet portal on financial education includes systematic and practical information, in a question-answer format and where no previous knowledge is required. Later, two additional portals were created with specific contents: one for business owners and entrepreneurs (Edufiemp), and one for financial education for young people (Edufinext).
Edufinet organizes the Conferences on Financial Education for Young People and the Financial Olympics, as well as workshops and lectures at universities, summer courses or participation in international projects. It also fosters several publications, such as the ‘Financial Guide’ or the ‘Financial Guide for business owners and entrepreneurs’.