CMMU Thailand Reinforces World-class ‘Management’ Education Standards in ASEAN Introducing 7 Management Programs Suitable for New Generation Executives

BANGKOK, Dec. 30, 2021 /PRNewswire/ — The Faculty of Management Mahidol College (CMMU) reinforces earth-course management education specifications with the AACSB accreditation, being a single of the 5{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of educational establishments acknowledged all over the world. The CMMU focuses on cultivating possible and making ready ‘new technology executives’ to push leading companies and organisations in the ASEAN area, by Global Curricula in Management in seven spots: 1. Company Finance, 2. Entrepreneurship Administration, 3. Normal Management, 4. Health care and Wellness Administration, 5. Promoting and Management, 6. Running for Sustainability, and 7. Management Investigation.

The College of Management, Mahidol University (CMMU)

The School of Administration, Mahidol University (CMMU)

A current study showed that the craze for populations in the ASEAN region deciding on to research abroad is growing slowly, with courses that speed up competitiveness in the world-wide market becoming common selections. The 1st instance is information from UNESCO, stating that Indonesians mainly opt for business enterprise and management classes, though Vietnamese prioritise organization programs in its place of social science courses. On the other hand, input from the world’s greatest college catalog reveals the top rated five most well-liked Master’s Degree programs in Thailand are 1. Small business, 2. Education and learning, 3. Administration, 4. Management, and 5. Engineering. The strengths that manufactured the CMMU a administration college of alternative for new technology executives incorporate the pursuing: a ‘Variety of Programs’ – including prospects to research overseas, management technique insights from ‘Quality Profile Instructors’, new management capabilities from ‘Practical Learning’, ‘Good Value for Money’ such as double degrees. All those intrigued in finding out for a Master’s Degree in the Global Method at the University of Administration Mahidol College (CMMU), can utilize from nowadays – 24 January 2022 by using https://www.cm.mahidol.ac.th/net/

Assoc Prof Dr Astrid Kainzbauer, Director of the International Curriculum, School of Management Mahidol College (CMMU) reveals that the CMMU is amongst the 5{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of additional than 17,000 educational establishments all over the entire world that have received the AACSB accreditation from the world-wide accrediting establishment for small business administration training. The CMMU focuses on cultivating the probable of new era executives with expertise, skills and expertise to generate major businesses as nicely as national and worldwide organisations. The CMMU has ongoing to develop its curricula to continue to keep up with alterations in the business planet.

The CMMU Master of Management presently presents specializations in 7 spots:

  1. Company Finance (CF) – The modifying world-wide context of the 2020s is demanding increased degrees of profound skills for company money administrators in Thailand and the Asia-Pacific Area. Financing a company is the prerequisite of all its company things to do. Taking care of new approaches for rising the level of return of investments (belongings), and for getting informed of the cost of cash of all financing choices, is getting on big relevance. This applies similarly in Thailand, in which skills in financial administration in the company and community sectors wants to be strengthened. On top of that, modern financial applications this sort of as derivatives and cryptocurrency are progressively leading to decisions to be designed swiftly with out the luxury of mistakes.

  2. Entrepreneurship Management (EN) – Entrepreneurship know-how helps folks in starting up up their possess enterprise through several ideas, applications, and frameworks that will allow students to: utilize essential understanding for the foundation of productive get started-ups, establish and appraise new undertaking opportunities, produce and interpret customer needs and quantify the benefit proposition, build profitable small business options, navigate the undertaking money financial commitment course of action and establish more sources of funding a start off-up, understand geographical and cultural peculiarities in the procedure of starting off up new ventures, scale compact businesses and medium enterprises (SMEs) to be globally or regionally productive, transfer (study) expertise to the market leverage new science and systems from Mahidol College laboratories, and greatly enhance expertise as an entrepreneur and broaden important networks with entrepreneurial communities (profitable business owners, enterprise capitalists, funding businesses, major modest and medium-sized organization house owners).

  3. Normal Administration (GM) – The GM specialization prepares pupils to meet up with the issues of the intercontinental work arena and gives them a aggressive edge to boost their vocation. The curriculum is designed to give contributors a wide perspective in company with an intercontinental outlook. A variety of specialization programs provide elementary competencies in leadership, job administration, company negotiations, cross-cultural administration, enterprise creativeness and other subject areas, to assistance students triumph in the intercontinental company globe. This extensive ability-set handles a watch of how organizations work, from crafting a tactic to the administration of distinct enterprise functions, emphasising practical and new company concepts as a result of actual-globe scenario scientific studies, business assignments, visitor speakers and organization visits. The GM method also gives an possibility to research at Toulouse College of Administration, France for a double diploma in Worldwide Administration (at no more charge).

  4. Health care and Wellness Administration (HWM) – Programs are provided in collaboration with major practitioners from Siriraj and Ramathibodi hospitals to elevate managerial abilities at both sector and company stages. A mixture of management and conversation expertise, together with deep knowing of industry and purchaser insights remodel you into a qualified wellbeing & nicely-being leader in the healthcare & wellness industry. This in depth software presents unique simple knowledge, insights into trends and small business opportunities by studying from gurus and profitable leaders by means of practical finding out techniques. It also supplies strong networks in the health care market, and a range of enterprise visits.

  5. Advertising and marketing and Management (MM) – Promoting is a language, a way to find out about customer wishes and demands and give them solutions and providers that they drive. What really should we make? How must we manufacturer it? What should really we say when promotion. By researching promoting at CMMU, MM college students will faucet into point out-of-the-artwork awareness and theories from about the globe. While a lot of theories are from abroad, they are customised to in good shape programs inside Thai and Asian marketplaces.

  6. Managing for Sustainability (MFS) – Our planet is significantly struggling with critical complications, partly because of to populace progress, rising lifetime spans, pollution, overconsumption and squander, amongst other things. This class will give you the abilities and strategies to much better recognize organizations, federal government, and consumers and how to attempt in direction of sustainable generation and consumption for the profit of all.

  7. Management Analysis (MR) – Exploration is a beneficial, however usually underdeveloped and ignored ability in the business earth. From becoming ready to analyze data and uncover insights to staying ready to current the conclusions in means very easily comprehended by other individuals. This software will sharpen your competencies in analysing promoting info, consumer behaviour, and sector tendencies, which will lead to the effective arranging of imaginative advertising strategies that are tailor-made to focus on buyers in just nearby marketplaces.

The strengths that make the CMMU a administration university of preference for new era executives consist of:

  • Wide range of Programs’ supplying prospects to analyze overseas – CMMU delivers systems in partnership with foremost management establishments from all over the earth in a selection of fields in the kind of trade programs and double diploma packages. In addition to exchange applications with 40 husband or wife universities, CMMU gives double diploma courses which include Grasp of Business in Promoting from UTS, the ‘University of Technological innovation Sydney’ and also several diploma possibilities from Macquarie University, Australia.

  • Administration system insights from ‘Quality Profile Instructors’ – the CMMU has equally Thai and Worldwide instructors with understanding and abilities in administration. Most just lately, CMMU faculty customers were being ranked amount a person in Thailand and 78th in Asia from the “Advertisement Scientific Index 2021”, the Environment Scientist and Universities Rankings Agency 2021 in Strategic Management. The CMMU also gained gold, silver and copper medals, respectively, covering locations such as Accounting and Finance, Economics and Econometrics, Entrepreneurship and Enterprise and Management.

  • New management abilities from ‘Practical Learning’ – the CMMU emphasises simple discovering approaches, as nicely as in-course expertise exchange with the instructor as a mentor. The CMMU also invitations executives from leading organisations/businesses both equally domestically and internationally as guest speakers to share experiences and concerns encountered in organization or organisational management. These realistic circumstance scientific tests enable college students to use the awareness from the class to analyse and lay out methods for powerful management.

  • ‘Good Price for money’ like double diploma alternatives – studying at the CMMU presents accessibility to global double levels like Learn of International Administration at TSM Toulouse, a joint plan with ‘Toulouse College of Management’, a single of France’s top business enterprise schools. The CMMU Grasp of Management program fees 429,000 baht, though the second diploma (Toulouse) is totally free of cost. Also, an trade semester at one of CMMU’s 40 spouse universities all over the world is free of charge of cost.

Individuals intrigued in studying for a Master’s Degree, Intercontinental Curriculum at the Faculty of Management Mahidol College (CMMU), can apply from nowadays – 24 January 2022 by way of https://www.cm.mahidol.ac.th/website/. For additional information, please make contact with Tel. +662-206-2000 or by using Facebook Web site: https://www.facebook.com/CMMUMAHIDOL

Source The College of Management Mahidol University (CMMU)

Personal finance education belongs in PED standards

As the New Mexico Public Education Section (NMPED) revamps the state’s K-12 social scientific tests specifications, it is crucial we assure all college students are presented with the capabilities essential for navigating everyday living following they graduate. One particular crucial ingredient need to be personal finance education and learning.

We commend the PED for its operate to convey the state’s social scientific tests standards into the 21st century. However, we imagine the department’s proposal would be significantly strengthened by the inclusion of particular finance specifications.

Our neighboring states, amongst them Arizona, Colorado, Texas and Utah, have adopted standards to make sure their college students find out the monetary capabilities needed for own and expert achievement. In reality, New Mexico is at this time one particular of only 5 states that has not integrated own finance into our K-12 training expectations.

Private finance benchmarks will make positive New Mexico’s pupils understand how to make a price range, open an account at a lender or credit score union, conserve and devote for their futures, and avoid significant-value financial debt.

Through the most recent legislative session, Dixon co-sponsored and Figueroa strongly supported a legislative hard work led by Reps. Moe Maestas, D-Albuquerque, and Willie Madrid, D-Chaparral, to make particular finance a graduation prerequisite. The bill obtained potent bipartisan help, passing the Dwelling unanimously right before running out of time in the Senate.

That energy, and introducing particular finance to the training requirements, builds on Maestas’ effective 2007 reform that necessary fiscal literacy to be presented as an elective in New Mexico’s large faculties. Sad to say, only about 11{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of college students at present total that program.

Adopting robust individual finance benchmarks lays the basis for guaranteeing that all students of all backgrounds are receiving equitable instruction, and are offered the capabilities required for economic planning and conclusion-building when they enter the workforce or publish-secondary establishments.

In Oct 2018, scientists at the College of New Mexico introduced a report displaying that two of each individual a few non-public-sector employees in New Mexico have no money saved for retirement. Approximately 80{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} have a lot less than $10,000 saved. This continues to weigh greatly on the wallets of many New Mexicans. Need to there be yet another pandemic, or key recession, our state will be improved off if we have prioritized training our state’s learners about cost savings, investing, fees of borrowing and how credit score functions.

Addressing personal finance will make the college curriculum more suitable and assure that college students who do not understand how to regulate their own funds at property are not left driving. This content also will help us combat cycles of generational poverty, which has plagued our state for decades. The capabilities developed by college students will be shared with their family members users, who could also obtain from this info.

Personalized finance education and learning also supports the conclusions from the Martinez/Yazzie lawsuit by supplying learners – in particular reduced-profits, Indigenous American, English language learner, and those people with disabilities – the skills and understanding required to be college or university- and vocation-all set. The ruling discovered the state failed to satisfy this obligation and we will have to ensure we do our component in supplying learners a ample instruction.

We hope PED will undertake strong own finance criteria within the present revision to the social studies standards. We owe it to NM’s potential generations.

Hawaii DOE | HIDOE seeking feedback to develop financial literacy content standards


​Introduction

Financial literacy, or financial capability as it is currently defined at the federal level, is the capacity, based on knowledge, skills and access, to manage financial resources effectively. To develop this capacity, individuals must have appropriate access to and understanding of financial products, services, and concepts. Financial literacy empowers individuals to make informed choices, avoid pitfalls, know where to go for help, and take actions to improve their present and long-term financial well-being.

The Hawaii State Department of Education, Office of Curriculum and Instructional Design, is currently investigating ways to ensure
every student receives basic financial literacy before high school graduation. At this time, efforts are focused on financial literacy education at the high school level.

As part of this work, draft content standards have been curated for a one-semester introductory level high school course on financial literacy designed to help students develop the capacity to describe, analyze, and evaluate many financial topics that most students will directly experience in their personal and professional lives. While a one-semester course is not the only way in which financial literacy education can be provided to students, the standards are a vital step toward ensuring consistent financial literacy education across the state.




The content standards
are derived from the 2017 edition of the
National Standards in K-12 Personal Finance Education (pdf, pictured to the right) from the Jump$tart Coalition. These standards are consistent with both state- and nationally-recognized concepts that are important to healthy financial literacy.


The themes are aligned to the six major categories utilized in Jump$tartʻs National Standards: 1) Spending and Saving; 2) Credit and Debt; 3) Employment and Income; 4) Investing; 5) Risk Management and Insurance; and 6) Financial Decision Making.


The sample teacher guidance is a list of skills gleaned from Jump$tartʻs benchmarks which describes what teachers may ask students to demonstrate in order to meet each content standard. The guidance is not intended to serve as an all-inclusive list; rather, the guidance serves as a sample set of statements for teachers to consider how to best help their students meet the content standards.

Special thanks to Kelly Lee, founder of the Hawaii Coalition of Jump$tart, for lending her content area expertise to this effort.


​​THEME 1: Spending and Saving


Content Standard


The student shall:


​Sample Teacher Guidance


To help students meet the Content Standard, the teacher may ask students to:


​Content Standard MD.PFL.1.1

Develop a plan for spending and saving.

  • ​Describe ways that people can decrease expenses to save more of their incomes.
  • Discuss the components of a personal spending plan, including income, planned saving and expenses.
  • Compare the advantages and disadvantages of saving for financial goals.
  • Investigate changes in personal spending behavior that contribute to wealth building.


​Content Standard MD.PFL.1.2

Describe how to use different payment methods.



  • Compare and contrast different types of local financial institutions and the services they provide.
  • Summarize the advantages and disadvantages of checks, stored value cards, debit cards, gift cards and online and mobile payment systems.
  • Compare the costs of cashing a check with various third parties, such as a bank or credit union, check-cashing services and retail outlets.
  • Demonstrate how to schedule and manage bill payments.


THEME 2: Credit and Debt

Content Standard


The student shall:


​Sample Teacher Guidance


To help students meet the Content Standard, the teacher may ask students to:


​Content Standard MD.PFL.2.1

Analyze the costs and benefits of various types of credit.



  • ​Explain how debit cards differ from credit cards.
  • Discuss potential consequences of using “easy access” credit.
  • Calculate the total cost of repaying a loan under various rates of interest and over different periods.
  • Compare the cost of borrowing $1,000 by means of different consumer credit options.

Content Standard MD.PFL.2.2

Summarize a borrower’s rights and responsibilities related to credit reports.

  • ​Weigh the potential payoffs of a positive borrowing reputation versus the potential consequences of a poor
    borrowing reputation.
  • Explain the value of credit reports to borrowers and to lenders.
  • Categorize the information in a credit report and how long it is retained.
  • Analyze how a credit score affects creditworthiness and the cost of credit.


THEME 3: Employment and Income

Content Standard


The student shall:


​Sample Teacher Guidance


To help students meet the Content Standard, the teacher may ask students to:


​ Content Standard MD.PFL.3.1

Explore job and career options.

  • ​Explain the difference between a career and a job.
  • Match personal skills and interests to various career options.
  • Compare the education and training requirements, income potential and primary duties of at least two jobs of interest.
  • Discuss how non-income factors such as child-care options, cost of living and work conditions can influence job choice.


​ Content Standard MD.PFL.3.2

Compare sources of personal income and compensation.

  • ​Explain the difference between a wage and a salary.
  • Calculate the future income needed to maintain a current standard of living.
  • Identify typical sources of income in retirement.

​THEME 4: Investing​

Content Standard


The student shall:


​Sample Teacher Guidance


To help students meet the Content Standard, the teacher may ask students to:


Content Standard MD.PFL.4.1

Explain how investing may build wealth and help meet financial goals.

● Describe reasons for investing.

● Devise an investment plan for accumulating money for a major expense such as a college education or the down payment on a car.

● Describe the importance of various sources of income in retirement, including Social Security, employer-sponsored retirement savings plans and personal investments.


Content Standard MD.PFL.4.2

Evaluate investment alternatives.

● Explain the difference between stocks and bonds.

● Give examples of investments for current income and investments for future growth.

● Compare the advantages of taxable, tax-deferred and tax-advantaged investments for new savers, including Roth IRAs and employer-sponsored retirement vehicles.


THEME 5: Risk Management and Insurance

Content Standard


The student shall:




​​Sample Teacher Guidance


To help students meet the Content Standard, the teacher may ask students to:


Content Standard MD.PFL.5.1

Identify common types of risks and basic risk management methods.



  • Predict the consequences of accepting risk with insufficient or no insurance.
  • Illustrate how to use insurance to share the risk of financial loss.
  • Discuss factors that affect insurancepremiums.

Content Standard MD.PFL.5.2

Justify reasons to use health, disability, long-term and life insurance.

  • ​Justify reasons to have health insurance.
  • Compare sources of health and disability insurance coverage, including employee benefit plans.
  • Explain the purpose of long-term care insurance.


THEME 6: Financial Decision Making

Content Standard


The student shall:


​Sample Teacher Guidance


To help students meet the Content Standard, the teacher may ask students to:

Content Standard MD.PFL.6.1

Recognize the responsibilities associated with personal financial decisions.



  • ​Analyze money-handling decisions that young adults commonly face.
  • Compare the benefits of financial responsibility with the consequences of financial irresponsibility.
  • Predict how influences such as current fashion trends, peer pressure and procrastination can affect financial decisions.
  • Compare how financial responsibility is different for individuals with and without dependents.

​Content Standard MD.PFL.6.2

Make criterion-based financial decisions by systematically considering alternatives and consequences.



  • ​Explain how limited personal financial resources affect the choices people make.
  • Determine the cost of achieving a financial goal.
  • Give examples of how decisions made today can affect future opportunities.