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Read moreIn a world marked by financial instability, climate urgency, geopolitical turbulence, and growing socioeconomic inequality, the importance of financial literacy is more critical than ever. Global trends—ranging from digital currencies to ESG investing, inflation shocks, and mounting public debt—require citizens, especially the younger generations, to possess strong economic understanding and decision-making skills.
According to the OECD’s 2023 Global Financial Literacy Report, less than 30% of students in developed countries demonstrate a solid understanding of basic financial concepts such as interest, inflation, and budgeting. This data highlights a systemic gap in education, which risks amplifying inequalities and preventing young people from becoming active, empowered economic actors.
Financial education is not just about managing money—it’s about equipping individuals with tools to interpret the world, make responsible choices, and understand the consequences of economic actions on both personal and planetary scales.
Financial education begins with a few fundamental concepts that must be taught early and progressively deepened over time:
Studying economics offers more than career opportunities. It offers a lens through which we can interpret:
One of the most profound shifts in international finance is the rise of sustainable finance and ESG (Environmental, Social, Governance) criteria. From regulatory mandates to investor preferences, finance is evolving:
This shift makes financial education not only a necessity for personal wellbeing, but also a tool for planetary resilience. Students must learn to critically assess claims of sustainability,, interpret ESG scores, and understand how capital flows influence climate and equity outcomes.
Financial literacy is not a luxury, it is a human right in the 21st century.
In an era defined by disruption, inflation, climate crisis, and digital transformation, knowing how money works is as essential as reading or writing.
Educating the next generation about finance means preparing them to take control of their lives, navigate uncertainty, and become architects of a more equitable and sustainable future.
As economists often say: “Every choice has a cost.” The cost of not investing in financial education today is too high for individuals, families, and societies alike.
In line with the pressing need to rethink the role of education in a rapidly transforming financial landscape, the European School of Economics (ESE) has positioned itself at the forefront of cultivating financial consciousness, entrepreneurial mindset, and ethical responsibility among students. Through its unique model that blends academic rigor with practical exposure, ESE embeds financial education within a broader vision of personal and societal transformation.
ESE’s programs, from undergraduate to executive level, emphasize financial literacy as a core life skill, not merely a technical competence. The curriculum is designed to bridge the gap between theory and real-world financial dynamics, with a strong focus on sustainable finance, impact investing, and ethical decision-making. Case studies, simulations, and business games are integrated into courses to foster experiential learning and strategic thinking.
Moreover, ESE promotes cross-generational and cross-sector dialogue through dedicated initiatives—such as the Department of Innovation & Sustainability, and the One Health ESG Management Academy—which equip young individuals and professionals with the tools to navigate finance in the age of climate change, digital disruption, and social inequality.
By organizing impact-driven events, partnerships with sustainable companies, and mentoring programs with financial leaders, ESE acts as a platform for systemic change. It fosters a new generation of leaders who understand that value creation must include not only economic growth, but also environmental integrity and social justice.
In doing so, the European School of Economics is not simply teaching finance—it is reshaping the cultural narrative of finance, turning it into a tool for empowerment, innovation, and planetary responsibility.
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