MUFG works for inspiring local youth with JA-YE Europe

MUFG has embarked on its first collaborative international CSR project, which saw employees from branches in Brussels and Amsterdam work with our EMEA charity partner, Junior Achievement Europe, to address the lack of financial skills amongst young people.

In Brussels, students were invited to present a business proposal, consequently working with the MUFG team to refine their pitch, addressing issues such as advertising, marketing and cost management.

Meanwhile, employees from MUFG in Amsterdam attended a local school and held a discussion on the differences between investors and creditors to a group of students looking to go into university. Role-playing exercises were included in the presentation to help students get a better understanding of the assignment. The session was well-received, with students acknowledging that learning about complex topics in a light and accessible way made the subject much more interesting and helpful.

This project forms part of MUFG's wider strategy to support financial education for young people in Europe. MUFG has recognised that young people are not being adequately equipped with financial skills, from simply managing their money to creating their own business. Managing Director Maarten Rosenberg emphasised this, saying: "It is very effective to learn from the practical situation in the business world. It is more exciting and different from learning from text and the knowledge is useful in a future career as an entrepreneur or an employee."