Financial Literacy

Offered by School of Business & Accountancy

Short Course / 1 day / TGS-2021006691

Note: Please note that all applications for short courses from Sep 2023 will be done via STEP. Use your Singpass to activate your STEP account. Click on the apply button to proceed to STEP. To receive an alert about the future runs for this course, please click on the INDICATE INTEREST button. Thank you.
Course Information
Learning Outcomes
Course Schedule
Trainer Profile
Entry Requirements
Course Fees

Course Information

This course provides the foundation and understanding of savings, budgeting, credit, investment, insurance, retirement in one’s financial journey. This is suitable especially for those working in the gig economy.

Learning Outcomes

To equip participants with basic financial literacy knowledge and skills in cash, debt management, personal insurance, investment and retirement planning.


    • Importance of financial goal-setting and setting financial goals
    •  Understanding key financial ratios (Net Worth, Emergency funds, Savings, Debt and Investment) to assess one’s financial health
    • Taking remedial actions to restore financial health


    • Tracking expenses and income using mobile cash budgeting apps
    • Determining needs and wants
    • Setting savings target
    • Voluntary versus mandatory CPF contributions


    • Evaluating one’s circumstances when considering taking on a debt, capacity, amount of loan
    • Understanding the dangers of borrowing
    • Seeking help to manage debt
    • Rental of vehicle versus Buying a vehicle (Case study)


    • Understanding types of insurable personal risks
    • Calculating one’s insurance coverage
    • Understanding the different types of insurance policies suitable for gig economy


    • Assessing personal risk tolerance
    • Understanding common investment products and their risk classification- low, average and high risk
    • Using dollar cost average to accumulate wealth over time
    • Utilising online calculation tools for investment


    • Never too early to plan for retirement Importance of long-term planning and compounding CPF tools available


Course Date: 15 Feb 2024
Application Period: 17 Dec 2023 – 25 Jan 2024
Duration: 8 hours
Time: 9am to 6pm
Delivery Mode: Classroom
Venue: Ngee Ann Poly

Ngee Ann Polytechnic reserves the right to reschedule/cancel any programme, modify the fees and amend information without prior notice.

Trainer's Profile

Chong Kek Weng

Kek Weng has been involved in academia for the past three decades in polytechnic education having assumed Course Chair in the Diploma in Banking & Financial Services, Ngee Ann Polytechnic. He is knowledgeable and experience in curricula development, pedagogy and delivery having assumed many teaching appointments as Module Leader, tutor in a myriad of modules including “Investments”, “Financial Markets & Services,” and “Credit Management“, “Treasury,” “Risk Management” “ Financial Management”, “Macroeconomics”, “Accounting & Finance”, “Business Statistics”.  He is currently a Special Associate and Module leader helming the module in “Wealth Management”.

He completed and passed all the academic requirements leading to the CFPTM certification in Financial Planning. Besides teaching, he has conducted training courses for MOE to Commerce stream secondary school teachers, Civil Service College and undertaken curriculum development for Finance modules in Diploma Programmes for the Singapore Institute of Management.  He has also conducted FinLit courses to secondary schools where it was very well received. He was also contributed to the preliminary concepts and discussions for the roll-out of a mandatory Financial Literacy programme for students in the Institute of Technical Education (ITE) and the polytechnics. He continues to pursue his interest and passion is in Financial Literacy where he currently volunteers in church both as a as a part-time counsellor as well as involved in the area of financial counselling.

Prior to joining Ngee Ann Polytechnic, he worked for 6 years in a Japanese merchant bank. During his stint in the merchant bank, he was responsible for the Corporate Banking Department and took charge of the funding, credit administration of the bank’s loan portfolio. He was subsequently seconded to the UK office for 2 years as a Bank Dealer and assumed responsibility for treasury operations in money market trading for the bank. 


Participants who have attained 75% attendance and passed all assessments will be awarded certificate of participation.


Entry Requirements

Basic Proficiency in English


Course Fees

Funding period for this course is from 15 Jul 2021 to 30 Sep 2024.

SkillsFuture Credit
All Singaporeans aged 25 and above can use their $500 SkillsFuture Credit from the government to pay for a wide range of approved skills-related courses. Visit the SkillsFuture Credit website to choose from the courses available on the Training Exchange course directory.

Enhanced training support for SMEs
For enhanced training support for SMEs, enter SME in the promo code during course application.

Absentee Payroll
This course is eligible for Absentee Payroll.

GST Increment in 2024
Please note that the GST rate will be revised to 9% with effect from 1 Jan 2024. As such any payable course fees will be subjected to the new GST rate adjustments in 2024. Please refer to our STEP portal for the updated fees. (Click on STEP)


  • The fees below are determined based on prevailing funding policies and subject to review and revision.
  • Please refer to our FAQs for more information.

Ngee Ann Polytechnic reserves the right to reschedule/cancel any programme, modify the fees and amend information without prior notice.


Applicants / Eligibility Fees
Full Course Fee$316.10
Enhanced Training Support for SMEs for Singapore Citizen$36.83
Enhanced Training Support for SMEs - SPR & LTVP+$36.83
SkillsFuture Mid-Career Enhanced Subsidy for Singapore Citizen aged 40 and above$36.83
SkillsFuture Baseline Funding for Singapore Citizen Aged Below 40$94.83
SkillsFuture Baseline Funding for SPR/LTVP+$94.83