SIFE | STUDENTS IN FREE ENTERPRISE

 

 
     STUDENTS IN FREE ENTERPRISE - CHANGING THE WORLD
A MEMBER OF RAFFLES EDUCATION GROUP
SIFE OC was officially formed on 16 March 2005. A one day event was organised by the newly formed team members to celebrate the day. Guests were Datin Norela Nurudin, the Country Coordinator and five interns from United States. It was a memorable day for the team because not only they
were getting a detailed information about SIFE, they created links with their counterparts from the U.S. An exchange of culture was a also taking place where the students gave 'Baju Kurung' and 'Kain Pelikat' to their new friends as souvenirs.

 
SIFE OC members originate from the South Australian Matriculation Program at Olympia College Kuala Lumpur. Originally there were 10 members plus 2 advisors for the team. SIFE OC then opens its door to students from other schools to join in. Now there are more than 25 registered members and 3 advisors in the team. More students were showing their interest in SIFE OC and the team has a list of plans to promote itself this year. Our target is to get all students from Olympia College K.L to join SIFE OC.
Understanding Entrepreneurship Through Success Stories
Entrepreneurship :- Opportunities in Malaysia
English Mentorship Programme
Create a business plan and strategy at Rumah Bakti
Lake Kenyir Eco-Tourism
Promote eco-tourism in Lake Kenyir
Ringgit Sense
Teach the value of money to pre-school children
   
   
   
   
   
   
   
   
   

Members selected for the Business Internship Partnership Programme to the U.S for 3 months
Team selected for the Financial Literacy Grant Award
Team will participate in the SIFE National Competition at KUiTTHO, Batu Pahat, Johor
Team to run own Office at Olympia College KL from July 2005
Team to run their own business to sell T-shirts, stationery and souvenirs from July 2005

 
ENTREPRENEURS OF TOMORROW: FINANCIAL LITERACY GRANT PROJECT
Our goal: To create understanding in entrepreneurship among the college students.

Part 1
Seminar 1: Understanding Entrepreneurship Through Success Stories
Speaker: Ms Lilian Tay from Veritas Architect
The seminar was conducted on 30th May 2005. About 25 college students and lecturers participated in the
seminar. The speaker inspired most of the female participants to venture into the world of entrepreneurship once completed their studies. We
measured their knowledge on entrepreneurship at the beginning of the seminar through questionnaires prepared by our SIFE team.

Seminar 2: Entrepreneurship :- Opportunities in Malaysia
Speaker: To be confirmed
The seminar will be conducted in July 2005.
Participants are required to complete questionnaires before and after the seminar. Our objective is to create awareness among the students on
opportunities available.

Part 2
Task 1: English Mentorship Programme
Venue: Rumah Bakti (Orphanage), Ulu Kelang, Selangor
We have created a 12 weeks mentorship programmes that include activities and games. Our theme is "ENGLISH IS FUN". The orphanage is occupied
by 97 children aged between 7-17 years old. The team has recognised the need to address the importance of the English language as a Global
Language, hence, came out with this mentorship programme to give the opportunity to these unfortunate children to improve their chances to be
successful in the future. The programme will be implemented in July 2005 until September 2005. We will conduct a pre and post assessment for
ech of the children participated.

Task 2: To create a business plan and strategy at Rumah Bakti
The team involved will be divided into 2. Each team is required to teach 20 secondary students from Rumah Bakti on the value of money through
an activity called "Ringgit Sense". The team will then be given RM100 each to create a business plan and strategy at Rumah Bakti. The team who
created the best plan and strategy and implemented their plan successfully will be selected as the winner. The winner will receive a cash prize
of RM200.

Criteria: 1,2,3,4
Lake Kenyir Eco-Tourism
Objectives:
To identify ways to promote eco-tourism in Lake Kenyir
To identify ways to improve certain facilities in Lake Kenyir
This project was conducted at Lake Kenyir, Kuala Terengganu, Malaysia. The trip was organised on the 1st June 2005 until 4th June 2005. The
team made a documentary of their experience at Lake Kenyir. A premier of the documentary will be shows to the college's staff and students. We
will measure the popularity of Lake Kenyir among the participants at the end of the premier. An article of the trip was also written and it is
to be published in the local newspapers soon.

Criteria : 2,3,4
Ringgit Sense
Objective: To teach the value of money to pre-school children
The team conducted the project at Step By Step Learning Centre at Bukit Antarabangsa, Selangor, Malaysia. Thirty-seven pre-school children
aged between 6 and 7 years old participated in the project. The children were briefed on the 4Ws:
  • What is money?
  • Where do you get money from?
  • What can you do with money?
  • What do I do with money?

Then, the children were given a fake RM100 each to spend in a mini town that was set by the students.

 
Formation of SIFE at OC, 16 March 2005
 
   
Lake Kenyir Project
 
   
Business Internship Closing Dinner
   
   
 
   
SIFE OC Members 2005
   
SIFE Ringgit Sense Project at Step by Step Learning Centre
 
 
Financial Literacy Grant Project: Seminar 1
 
 
 

SIFE CONFIDENCE A MEMBER OF RAFFLES EDUCATION GROUP
26 July 2005
SIFE WEBPAGE LAUNCHED!