A Team of FMIPA UI Students Designs Infographics to Increase Younger Generation's Interest in Investing

Dua mahasiswa Fakultas Matematika dan Ilmu Pengetahuan Alam Universitas Indonesia (FMIPA UI) dari Program Studi Ilmu Aktuaria yakni Irene Devina Putri dan Margareth Ravse Betari Atmojo Prabowo meraih Juara 2 pada Kompetisi Infografis ASiQ (Actuarial Science Quest) yang diselenggarakan oleh Himpunan Mahasiswa Ilmu Aktuaria (HIMARIA) Universitas Gadjah Mada.

This was announced live online via Zoom Meeting at the event awarding day on February 19, 2022. The competition, which was attended by more than 100 participants, carried the theme of the importance of investing and managing money well, namely, "Time Value of Money”.

Irene and Margareth expressed concern about the large number of millennials who lack awareness of the importance of saving and investing to manage their financial resources, and their lack of literacy regarding the concepts of saving and investing correctly.

According to them, young age is the ideal age to start investing, especially with the current abundance of financial instruments offering investment opportunities.

This was the background to the idea of ​​educating through visual communication.

In addition to a lack of awareness and literacy, environmental factors, which are external factors, also influence a person's investment awareness.

From this idea, Irene and Margareth began collecting and processing valid and relevant data to then visualize it into an attractive infographic according to the theme, so that it is easy for the public to understand.

In the infographic poster titled "The Value of Money Can Be Eaten Up by Time?" they emphasize key points about the importance of saving and investing for Gen Z. Starting from the Time Value of Money, why Time Value of Money can occur, the difference between saving and investing, to the Importance of Investing from now.

"Our idea originated from the phrase 'Saving is the Root of Wealth,' but that advice is actually irrelevant if applied consistently over the long term. Over time, the value of money decreases due to inflation. If we simply keep our money in savings, it could be lost over time. Investing, on the other hand, increases the value of our money and provides... return "We want to educate people about the importance of managing money wisely through investing from an early age," Margareth explained the background to her idea.

"In terms of uniqueness, the content we create is also... based on data "We've answered the theme and objectives of this competition. We've also packaged the information with unique infographics and designs," added Irene.

The team acknowledged that completing the competition wasn't too difficult, even without a coach or mentor. They worked collaboratively on the assignments, from selecting a topic to collecting data to writing the report.design infografisnya.

Speaking about her motivation, Irene explained that her desire to participate in this competition was to make the most of her semester break. She was also motivated by the failure of a similar competition she had previously participated in.

"As Actuarial Science students, we are motivated to gain experience in actuarial science, especially the value of money and investment. We also feel challenged to hone our design skills," Irene said.

At the end of the interview with the FMIPA UI Public Relations Team, Irene also shared the benefits she gained from the competition.

"By participating in this competition, we learned many things. First, we learned more about the content of our infographics, specifically the concepts of the value of money and investment. Second, we learned to better compose and design infographics, having learned from our previous competition experiences. Third, we learned how to manage our time and maintain our enthusiasm during the holidays to complete this infographic and give our best in this competition. Finally, we learned how to work collaboratively with our teammates to help each other, provide criticism, advice, and encouragement," Irene explained.

For your information, the Actuarial Science Quest (ASiQ) 2021 was held as part of the Open House event of the Actuarial Science Study Program at Gadjah Mada University by the Actuarial Science Student Association (HIMARIA) of Gadjah Mada University. The goal of this competition is to raise awareness about the importance of investing and managing money wisely among the general public, especially the younger generation.

News source : https://sci.ui.ac.id/