Financial Planning & Geopreneurship Workshop
This program is designed to help employees develop the skills needed to manage the funds they receive upon entering retirement, ensuring that these funds are sufficient to meet their living needs. This capability will greatly assist employees in managing their finances effectively and allocating their retirement funds wisely. In addition, case studies on business development in the geoscience sector (particularly oil and gas) are provided to help participants explore their potential, expand their professional networks, and build the mindset required to start a business in the geoscience field.
Our instructors are seasoned professionals with extensive experience and a proven track record in their respective fields. The first instructor is a Certified Financial Planner with over 20 years of experience in the financial industry, supported by a multidisciplinary academic background spanning economics, engineering, and postgraduate studies in investment management both domestically and internationally. After gaining experience in the national banking sector, she has been practicing as a financial planner since 2007 and currently leads a financial consulting firm specializing in strategic financial planning and fund management.
The second instructor brings more than 20 years of experience in Data Management and over a decade of entrepreneurial expertise. With an academic background in geological engineering, he built his career in the oil and gas industry with multinational companies before establishing and leading consulting and training firms in the geoscience sector, while also expanding business ventures in the tourism industry. The combination of their financial, technical, and entrepreneurial expertise provides participants with a comprehensive, practical, and results-oriented learning perspective.
DAY 1
Financial Checkup
- Client Profile: Age, lifestyle, monthly financial management pattern, installment obligations, and family dependents (detailed discussion during the One-on-One Consultation on Day 3)
- Risk Profile Analysis
- Personal and Family Cash Flow Analysis
- Asset and Liability Recording
Family Financial Goals
- Education fund, retirement fund, and pilgrimage travel fund
- Other investment objectives (entrepreneurship, property, food and beverage business, etc.)
Financial Planning and Investment Calculation Application (Excel)
- The concept of Time Value of Money (TVM) and its application in household financial management
- Family Financial Records: net worth (balance sheet), cash records (cash flow statement), financial ratios, and emergency fund assessment
- Evaluation of savings rate, asset level, debt level, emergency fund adequacy, and retirement readiness
Retirement Fund Planning
- Calculating retirement needs (replacement ratio method and expense method) using the Time Value of Money concept
- Planning retirement income sources (retirement asset allocation strategy)
- Funding potential shortfalls, pension program schemes in Indonesia, and annuity products
- Common mistakes in retirement planning (impact of inflation, etc.)
DAY 2
Insurance Planning and Personal Risk Management
- Fundamental principles and insurance contract provisions that consumers need to understand
- Types of insurance: Health Insurance, Life Insurance, Long-Term Insurance, and Unit-Linked Products
- Life Insurance: Term life policy, limited-payment whole life policy, whole life insurance compared to term policies and investment products
- Term Insurance: Level benefit, decreasing benefit, increasing benefit, family income benefit, and their respective purposes
- Endowment Insurance
- Riders, General Insurance, and other supplementary coverage
- PAYDI: Investment-linked insurance products (unit-linked policies)
- Other essential insurance products that should be introduced and explained
Investment and Financial Products
- Fundamental Principles of Investment
- Banking Products
- Capital Market Products:
1. Stocks (Stock Analysis & Valuation for Long-Term Investment Purposes)
2. Mutual Funds (How to Calculate Returns, Select Instruments, and Understand Tax Considerations)
3. Fixed-Income Investment Products (Money Market Instruments, Long-Term Instruments, and Derivatives Accessible to Retail Investors such as Government Bonds, AAA-Rated Corporate Bonds; Bond Pricing, Yield, and Coupon Analysis)
4. Futures Exchange Products
DAY 3
Developing a Financial Plan – One-on-One Session
- Financial planning aligned with individual risk profiles, current financial conditions, and short-, medium-, and long-term financial goals.
- Comprehensive financial assessment, including financial goal setting, asset-liability balance sheet, and household cash flow analysis.
- Calculation of financial needs based on the family’s financial goals.
1. Monthly Financial Needs After Layoff (Short-Term)
a. Calculation of asset sources that can generate returns to cover monthly expenses
b. Selection of suitable financial and investment products2. Education Fund (Long-Term)
a. Calculation of the education funding plan
b. Selection of appropriate financial and investment products3. Retirement Needs (Long-Term)
a. Calculation of the retirement funding plan
b. Selection of financial and investment products4. Other Investment Goals (Entrepreneurship, etc.)
- Conducting an insurance needs analysis based on a financial checkup and personal goals.
- Developing step-by-step financial planning strategies, particularly after experiencing a layoff (termination of employment).
Wirausaha Bidang Geosains (Geopreneurship)
- Recognizing entrepreneurial potential within oneself
- Techniques for identifying business opportunities in the industrial sector (especially geosciences)
- Business start-up strategies
- Capital and financing
- Marketing strategies (Sales and Marketing)
- Leveraging geoscience expertise for oil & gas business (Seismic Interpretation, Log Analysis, Seismic Reprocessing, Geochemistry Specialist) and non-oil & gas sectors (Hydrogeology, Geotourism, Environmental Geology, Mining Geology)
For more details, please contact our administrator