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Reflection Paper 04

The CBMA Entrepreneurship and Financial Literacy Seminar focused on empowering students through financial management and entrepreneurial skills, featuring speakers like Ms. Michelle Charlene Chua and Ms. Fatima Andrea Sanchez Cruz. Chua emphasized budgeting, saving, and investing for financial stability, while Cruz discussed the significance of Micro, Small, and Medium Enterprises in the Philippine economy and encouraged a growth mindset in entrepreneurship. The seminar aimed to inspire students to take control of their financial futures and explore entrepreneurial opportunities.

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0% found this document useful (0 votes)
9 views6 pages

Reflection Paper 04

The CBMA Entrepreneurship and Financial Literacy Seminar focused on empowering students through financial management and entrepreneurial skills, featuring speakers like Ms. Michelle Charlene Chua and Ms. Fatima Andrea Sanchez Cruz. Chua emphasized budgeting, saving, and investing for financial stability, while Cruz discussed the significance of Micro, Small, and Medium Enterprises in the Philippine economy and encouraged a growth mindset in entrepreneurship. The seminar aimed to inspire students to take control of their financial futures and explore entrepreneurial opportunities.

Uploaded by

ninoysoriano9
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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PIMENTEL, MARY GRACE C.

A146 BSA 3, BLOCK 3


2:30-4:00PM THF

REFLECTION PAPER
CBMA ENTREPRENEURSHIP AND FINANCIAL LITERACY SEMINAR
THEME: COMMUNITY DRIVEN LEARNING: FINANCIAL AND ENTREPRENEURIAL
EMPOWERMENT THROUGH SPIRIT OF VOLUNTEERISM

Part 1: About the Organizer and Speaker


The College of Business Management and Accountancy, also known as CBMA. CBMA
thrives at providing high-quality instruction, conducting relevant research, and participating in
important community engagement programs. The college remains committed to excellence in a
variety of business subjects, including finance, marketing, human resource management, office
administration, business law, and accounting, ensuring that its graduates meet and exceed
industry standards. With its emphasis on innovation, ethical responsibility, and community
development, CBMA continues to have a substantial impact on both the professional and academic
sectors.
The CBMA Entrepreneurship and Financial Literacy Seminar, titled "Community-Driven Learning:
Financial and Entrepreneurial Empowerment through the Spirit of Volunteerism," aimed to equip
students with financial management and entrepreneurial skills. The event, led by Sir Claiver
Soriano, featured prominent speakers discussing financial responsibility, corporate leadership, and
economic empowerment.

The opening remarks were addressed by Dr. Pelilia C. Veloso, CBMA Dean, Dr. Josephine
Lambinicho, Vice President for Academic Affairs, Atty. Michael Henry C. Sevilleja, Vice President
for Administration, and Dr. Jerry C. Dichoso, Director of the Center for Community Development
and Extension Services.

Ms. Michelle Sharlene G. Chua is a seasoned expert in Business Operations and


Financial Management, with a decade of experience at SM, she has developed a strong expertise
in mall operations and customer service, currently holding the position of Assistant Mall Manager at
SM City Rosales. Michelle's career also includes a role as a Financial Executive at AXA
Philippines, further expanding her professional range. She holds a BSPsych degree from Saint
Louis University,

Ms. Fatima Andrea Sanchez Cruz holds a Bachelor of Arts in Social Sciences degree
from the University of the Philippines, with a major in Economics and a minor in Psychology.
Fatima has
worked as a Front Desk Officer at BPI and a Business Counselor at the Department of Trade and
Industry (DTI). Her work at DTI, notably in areas such as Business Continuity Planning and Supply
Chain Management, has had a substantial impact on the growth and resilience of businesses
across several sectors. During the seminar, Fatima offered her deep understanding of supply chain
principles and business continuity, providing useful insights to the audience.

Part 2: Summary of the Seminar


Ms. Michelle Charlene Chua, an expert in business operations and financial management
and Assistant Mall Manager at SM City Rosales, was the first keynote speaker who captivated the
audience with her incisive speech. She gave practical advice on budgeting, spending wisely, and
developing a great credit history, all of which are necessary for financial stability and success.
Chua emphasized financial discipline and strategic planning, drawing on her experiences as a
working student, and introduced a five-step financial approach that included goal-setting, spending
tracking, saving, investing, and financial independence. She emphasized the need of excellent
spending habits, early investing, and capitalizing on financial opportunities to develop passive
income and long-term wealth. In conclusion, she left the audience with a profound message: "To
get rich, you have to be making money while sleeping." This statement emphasized the importance
of long-term revenue streams, wise investments, and an entrepreneurial spirit for financial success.

Ms. Fatima Andrea Sanchez Cruz, a Trade and Industry Specialist at the Department of
Trade and Industry (DTI), then discussed the Philippine entrepreneurial scene. She provided
persuasive facts on Micro, Small, and Medium Enterprises (MSMEs), emphasizing their importance
in the country's economy. She led students through an engaging and interactive seminar on how to
identify business possibilities, analyze market demands, and develop strategic business plans. She
also underlined the necessity of cultivating a growth mentality and encouraging students to accept
the obstacles of entrepreneurship as part of their path to success.

Seminar was ended emphasizing the importance of financial literacy and entrepreneurial
thinking in today's competitive business world. The event proved to be a useful experience,
providing students with practical financial knowledge and business methods, inspiring and
motivating them to take control of their financial future and pursue entrepreneurial chances.

Part 3: What I Have Learned from the Seminar


The CBMA Entrepreneurship and Financial Literacy Seminar was a transformative
experience that provided valuable knowledge on financial management and entrepreneurship. The
seminar led by expert speakers highlighted the importance of budgeting, saving, investing, and
making informed decisions for long-term financial security and independence. The seminar also
inspired a more proactive approach to managing finances and exploring entrepreneurial
opportunities.

The first speaker, Ms. Michelle Charlene Chua, emphasized the importance of setting financial
goals, differentiating between needs and wants, and investing early to build a strong financial
foundation. She illustrated her insights through real-life experiences and introduced a step-by-step
financial planning strategy. The second speaker, Ms. Fatima Andrea Sanchez Cruz, provided a
comprehensive discussion on entrepreneurship in the Philippine context, highlighting the
challenges entrepreneurs face, such as economic uncertainties, fierce competition, and complex
regulatory policies. She encouraged critical thinking about identifying business opportunities,
understanding consumer needs, and developing strategic business plans.

The seminar highlighted the importance of financial literacy and entrepreneurship in


creating opportunities, taking calculated risks, and making responsible decisions for a sustainable
future. It also highlighted the importance of innovation, problem-solving, and contributing to
economic growth. The seminar left the speaker empowered to take control of their financial well-
being, be more mindful of spending and saving habits, and actively seek out entrepreneurial
possibilities that align with their passions and interests.

Noted:

REMEDIOS A. PALAGANAS, CPA, MBA


Assistant Professor IV
Part 4: Documentation

Certificate
Registration for the Seminar

Awarding of Certificate to the Speaker


Awarding of Certificate to the Speaker

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