Financial Management and Improvement

of the Students of the School of

Business and Economics at the
University of San Carlos
JINGLE
 BRAINSTORMING
Fishbone: Expenses
- Unexpected Expenses
- Common Expenses

PROBLEMS:NO INCOME
- Savings are not enough to cover the expenses
- Financial problems can affect their personal life
- Not very wise on what should they spend

Focus on the financial improvement of the students such as additional source

of income rather than saving their allowances
 BRAINSTORMING
Financial Management: Students need to have well financial behavior since it
will have an important impact on their future life and personal well-being. In
order to do so, students should empower their financial planning. They need
to plan and budget their money on specific things with priority by
differentiating their needs and wants.

Habits of the student such as being impulsive buyer and being materialistic
can also hinder the financial management and improvement of the students
 80% line

Problem
Trivial Many

Vital Few

Prioritization
Problem Statement
What: Financial Management and Improvement

Where: School of Business and Economics

When: A. Y 2023-2024

Extent: Students of the School of Business and

Economics of the University of San Carlos

Financial Management is a pr
Objective Statement
Specific: Improve students' financial management skills by providing
them with additional sources of income and educating them on
financial literacy.

Measurable: By increasing the students' financial literacy and

improve financial management by 30%

Attainable: Providing financial literacy education and resources for

students within USC

Relevant: Ensuring School of Business and Economics students

manage their finances effectively and efficiently

Timebound: For A.Y 2023 - 2024

Objective: To improve USC SBE students’ financial management

skills and literacy by 30% for A.Y 2023 - 2024.
Problem
Analysis
Solution
Formulation
 Action plan
Action Steps Responsibilities Timeline Resources Potential barriers Communication Plan

Step 1:
Meeting and
Presentation of 3rd Week of August Human Survey
Researchers Department presentation via
problem to the (Welcome Week) results
online or face to face
department

Researchers
Step 2:
Department Conflict of ideas
Revisions on the 1st week of Intellectual Meeting via online
Head New ideas to
plan to solve the September Property and/ orface to face
School-based be included
problem
organization

Step 3:
Presentation of
Researchers The final
final solutions for Meeting and
Department opinion of the
approval 3rd Week of Intellectual presentation via
Head School - department and
September Property online and/or face to
based school-based
Finding potential face
organization organization
job offers and
speakers
 Action plan
Action Steps Responsibilities Timeline Resources Potential barriers Communication Plan

Researchers
Step 4:
Implementati Venue for the job and Students (Participants) Public Announcement
School-based
on of the USC days (Last entrep FairSpeakers for
organization
seminars and week of October) the seminarsStalls for job Uncontrollable events such Seminar via online or face
job and and entrep fairBrochures rising COVID-19 cases to face
Students (Small
entrep fair
business owner)

Survey (Gform)
Step 5: After the seminar,
Students TechnologyPublic relations Students
Evaluation job and entrep fair.
Interview
Recommendation
A job and running a small business is the
perfect solution for college students’
financial stability. The combination of both
provides steady income for students while
allowing them to gain business skills and
maintain a good balance between work
and academics. Furthermore, college
students are very adaptable and this
proactive approach to managing their
finances can create an avenue to be more
financially literate, independent, and
perhaps free.