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The Stock Exchange of Thailand (SET), jointly with Thailand Futures Exchange pcl (TFEX), Muang Thai Life Assurance pcl, PTT pcl, Kasikornbank pcl, and other institutional alliances, holds "Young Financial Star Competition 2015" (YFS 2015) in search of new young financier champions from among 6,485 university students from 96 universities nationwide, an all-time high number of candidates competing for scholarships, inclusive of domestic and overseas training programs worth a total of THB 6 million (approx. USD 177,515).
SET President Kesara Manchusree said, “Throughout the last four decades, SET has continuously provided financial and investment knowledge to create wealth management behavior and investment culture that are contributable to the country’s prosperity and sustainability, while cultivating capital market’s professionals. The synergy of YFS, organized by SET and our partners for 13 consecutive years, has proven our commitment to groom quality investors and young up-and-coming professionals for the Thai capital market.”
“It is remarkable that out of the total of 57,906 candidates in 13 years, this year there are 6,485 candidates the highest number ever. This truly reflects the increasing trend of young people’s interest in investment. The result is also satisfying. As for the YFS 2014, a total of 210 students successfully passed the Securities Investment Consultant license representing 74 percent of the total candidates. Among these 166 persons or 59 percent earned derivatives licenses,” added Kesara.
After undergoing the first round of selection process this year, 329 students from 39 universities are qualified to attend training on the insights of financial, insurance, investment and social responsibility. Fifty students who pass the second round will take the Certified Investment and Securities Analyst program (CISA) and Certified Financial Planner program (CFP) examinations, a key passport to enter the capital market.
Other partners supporting the competition include Capital Market Development Fund Foundation, Thai Financial Planners Association and Association of Thai Securities Companies Training Institute.
In addition, SET has initiated mechanisms to craft professionals for the Thai capital market via a number of practical projects such as Young CFO-Corporate Financial Officer 2015 to prepare students for investor relations and financial analysts, New Breed @ U-Net 2015 to produce securities and derivatives investment consultant via university network nationwide. For more information, please visit www.set.or.th .
