SUSTAINABLE FINANCIAL LITERACY Erasmus Project

Project Title

SUSTAINABLE FINANCIAL LITERACY

Project Key Action

This project related with these key action: Cooperation for innovation and the exchange of good practices

Project Action Type

This project related with this action type : Strategic Partnerships for school education

Project Call Year

This project’s Call Year is 2020

Project Topics

This project is related with these Project Topics: Labour market issues incl. career guidance / youth unemployment; ICT – new technologies – digital competences; Key Competences (incl. mathematics and literacy) – basic skills

Project Summary

Financial Sustainable Literacy (SFinLit), is a Innovation Project focused in the Innovative practices in digital era. Is very much centered in the reinforcement of Digital, Financial Literacy and Learn to learn Competences in School Education. Financial Literacy , is a core life skill for participating in modern society, and Coronavirus crisis, has put under the spotlight in a very dramatic way how important Digital Competences are. In this crisis context and in a very strong way too, the digital gap is showing to be a critical point, that has to be urgently addressed. UNED will share with the consortium his experience in Digital Education Technologies, Blended Learning and on-line most appropriated methodologies so the Project can provide to the target group (Young Students) with the knowledge and skills they needed to improve their Financial Literacy, Digital and Learn to Learn competences. A Consortia composed by 7 partners (apart from the UNED), from Tertiary Level (Laurea University of Applied Sciences) School Public Institutions (Agora Roermond School) Non Profit Associations in the field of Financial training for professionals and Young students(IEF), Administrative Education Institutions (Regional Directorate for Primary and Secondary School of Thessaly) Financial and Banking Institutions (EFFEBI and EBTN) and a Tertiary Level Institution very much focused on innovative and Technology Enhanced Learning (Cork Institute of Technology), that covers a wide range of perspectives, skills and knowledge, will address the objectives of understanding what Socially Responsible Finance is, show Socially Responsible Actions development and good practices, develop contents adapted to the needs of the target group (Young students), develop a training model addressing the main topic of Financial Literacy and develop training free on-line contents, to the target groups primarily by students but also for general users, industry, employees and stakeholders, to give effective answers to the emerging challenges.The Project objectives will be expressed in three IO’s, which will be carried out in a collaborative way, under a IO leader . Those are:
– IO1 Compendium of the Good Practices and existing material on sustainable financial literacy, which will be leader by Laurea.This IO1 integrates 3 Activities. A1; Overview and analysis of the already existing recent/updated material (OER) regarding the socially responsible finance, A2; Analysis, collection and curation of good practices and A3 Development of the Compendium in the field of sustainable financial literacy
– IO2 Training material, will be leader by IEF. It includes searching, collecting and selecting all the best contents from different sectors, finances, but also from the educational framework across all their levels, related to this subject. This course is especially useful for VET, because is VET were vulnerable groups arrive usually after they drop of regular education pathway, and can be developed also in continuous training, for this are transferable at every educational level. This IO2 Integrates three activities. A1; Defining LOs in line with the EU LLL instruments A2; Developing the training curriculum and A3; Develop the pedagogical contents of the training materials (Adapting existing OER and/or developing of new ones for the training).
– IO3 Tools and guidelines for training on Sustainable Financial Literacy for secondary school level programme. This IO will be leader by the Cork Institute of Technology.. A key innovation in this project will be an open and flexible learning environment with a course recommendation engine where learners choose the topics of interest and the learning platform presents relevant learning plans to them. This IO integrates three activities. A1; Create an open and flexible learning environment with a course recommendation engine where learners can follow custom learning paths based on their own learning needs, A2; Publish learning resources so that they can be used within and beyond traditional learning environments, both online and offline. A3; Design of onboarding for learners to include instruction and guidelines highlighting the duration, effort and activities involved in completing the programme and keeping track of learning.
The Evaluation methodology applied within the project will be based on the Deming wheel:
* Plan (each activity and project outputs is planned to be delivered within a certain deadline and according to specific performance indicators),
* Do (concrete implementation of tasks),
* Check (actions will be assessed against the previous planning) and
* Review (corrective measures will be implemented, if necessary).
Previous successful coordination of technical projects, as well as in tool development and dissemination ones, allow to expect a good exploitation of new projects and the use of the use of the developed methodologies and technologies.
The annexes include TimeTable and budget.

Project Website

http://www.ieectqai.uned.es/sfinlit-project/index.html?lng=en

EU Grant (Eur)

Funding of the project from EU: 233223 Eur

Project Coordinator

UNIVERSIDAD NACIONAL DE EDUCACION A DISTANCIA & Country: ES

Project Partners

• LAUREA-AMMATTIKORKEAKOULU OY
• CORK INSTITUTE OF TECHNOLOGY
• Finance & Banking, Associazione per lo Sviluppo Organizzativo e delle Risorse Umane
• Agora Roermond – Stichting Onderwijs Midden Limburg
• European Banking & Financial Services Training Association
• FUNDACIÓ PRIVADA INSTITUT D’ESTUDIS FINANCERS
• PERIFEREIAKI DIEFTHYNSI PROTOVATHMIAS & DEFTEROVATHMIAS EKPAIDEFSIS THESSALIAS