Finance and Career Guidance
Partnership with Junior Achievement
Through this partnership, volunteer activities by MUFG employees around the world reached 5,000 hours, and MUFG Union Bank received a bronze President of the United States Volunteer Service Award for the third consecutive year from Junior Achievement USA.
Job Shadowing Work Experience Program
In cooperation with the public-interest incorporated association Junior Achievement Japan and the Tokyo Metropolitan Government Board of Education, MUFG has been conducting the Job Shadowing Work Experience Program every July since 2007. The program pairs high school students with MUFG employees, with students shadowing an employee through the course of an ordinary workday. This gives the student first-hand experience of the realities of work and the sense of responsibility that comes with having a job. The experience also helps students consider their future options and career choices.
Every year, approximately 100 high school students participate in the program, experiencing what it would be like to work at the Head Offices of MUFG, MUFG Bank, Mitsubishi UFJ Trust and Banking, Mitsubishi UFJ Morgan Stanley Securities, Mitsubishi UFJ NICOS, and Mitsubishi UFJ Lease & Finance.
The program was held for the 13th time in fiscal 2019. After shadowing an employee during the A.M, the students attended a lecture about MUFG's initiatives toward FinTech and also participated in a group discussion with our employees. In the group discussion, students talked about the impressions they had in participating in the Job Shadow work experience program and asked our employees a variety of questions, including "what do you wish you would have done during high school?" and "what makes you feel that your job is worth doing?"
MUFG will continue to support the futures of high school students through the Job Shadowing Work Experience Program.
Activities in the Americas
Teaching Young Children about Money, Community, and Service
The employees spent the morning teaching children through role playing in a business setting. By engaging in volunteer-led activities, young students learn about individual choices, money, the importance of saving and giving, and the value of work.
At Wilson Elementary School, 720 students - more than 99% of the student population - identify themselves as Hispanic. More than 95% of the students come from families that are considered socio-economically disadvantaged.
Activities in Europe
MUFG continued its commitment to support the next generation of young people in the communities where the business operates by forming a new partnership with JAYE in Prague. During the branches' 10th anniversary celebration, the new partnership was launched by Masahiro Kuwahara, CEO for EMEA, and Josef Muller, CEO of JAYE, Czech Republic. Josef commented: "I am deeply honoured by MUFG's new extended partnership with Junior Achievement. With this support we will now be able to reach more young people in more schools in more locations. It's about helping them make better choices, be more financially resilient and build sustainable livelihoods."
"Open Company" program, Poland
Economic and Financial Educational Activities at Group Companies
Economic and Financial Education Provided by MUFG Bank
Annually, the Bank implements 400 activities with approximately 4,000 students attending hands-on classes and employee-conducted classes at schools.
MUFG Bank, Retail Banking Video Counter Center
Visiting Lectures by MUFG Bank
Internship Program (Dynamics of the Stock Market)
This initiative has received high praise as it leverages the Securities Business's Head Office and is promoted on a companywide basis. At the FY 2018 9th Career Education Awards held by the Ministry of Economy, Trade and Industry, this initiative won the Encouragement Award in the major corporation section.
ACOM's Support for Financial Education
ACOM has been conducting such financial enlightenment activities roughly 10 times annually. ACOM hopes that these students learn to appreciate the value of money and manage their personal finances responsibly later in life.
Krungsri Financial Literacy Project
This project is now on its 4th year of success, thanks to the collaborative efforts of all employees and executives from all functional groups under Krungsri. Currently, in addition to those in Thailand, youths in Lao PDR are also beneficiaries of this program. To date, Krungsri has provided financial literacy training to more than fifteen thousand students across Thailand and Lao PDR.