BYMAEDUCA Report in 2023

Interest in financial education has increased and people plan to continue training

Personal finance is a leading topic in the daily life of Argentines, along with some associated questions: how to organize the day-to-day economy and savings; how savings can generate a return; and what are the alternatives so that money does not lose value; among others.

And in this sense, in 2023, the Capital Market acquired greater visibility among the options that people may consider when it comes to boosting their economy. Therefore, the theme that stood out was "how to start investing". This is shown by the data surveyed by BYMAEDUCA, the financial education program of Bolsas y Mercados Argentinos (BYMA), among the people who took BYMAEDUCA trainings during 2023.

What about financial education in Argentina?

Increased interest of Argentines in training on Capital Market investment topics. The number of participants grew exponentially. After some initial experiences with free training in 2022, in which just over 1,100 people participated, in 2023 a total of 30,760 participants (+2,629%) were registered over 14 courses.

They addressed a wide range of topics on Capital Markets: from introductory to advanced, short and more extensive.

‍Participation of women and men. Of the total number of course participants, 27% are women while 73% are men. These figures show a similar situation to that registered in 2022: 25% women and 75% men.

‍The introductory trainings registered +30,000 participations. The courses focused on providing knowledge and tools to start investing or learning how to obtain financing, which were given by specialists and which awarded attendance certificates, are the ones that generated the most attraction among participants.

The topics focused on key concepts about Capital Markets. Among them, introduction to the market; how do I build my investment portfolio; trading and negotiation; investment alternatives: negotiable bonds, options and futures, bonds, CEDEARs, stocks; investments and taxes; financial calculation; bond calculator.

Asynchronous consumption is a crucial tool. Videos of BYMAEDUCA course lectures are available on BYMA's YouTube Channel for participants to watch at their leisure. There is a growing trend of asynchronous consumption of these trainings. Reproductions of introductory course class recordings (180,500) multiplied by 6 times the total live participations (30,281).

‍Before taking the course, 73% of introductory course participants had only some knowledge of finance and investments. On the other hand, 9% confirmed knowing nothing previously about the market. In terms of educational level, 27% completed high school and 59% have a degree or tertiary degree. While only 1% have a postgraduate level.

100% of the participants confirmed that they want to continue training in the subject **.

BYMAEDUCA's objective is to bring the Capital Markets closer to the whole society, with special focus on the new generations. In this sense, 43% of the total people who were trained in the basic courses

Know the Market (Part I, II and III) are up to 40 years old. This age group is considering the Capital Markets as an investment or financing alternative.

Company interest in financial education

As part of BYMAEDUCA's 2023 curriculum, the course How to finance my company in the Capital Markets was held, with 3.The course was attended by 3,000 participants and yielded the following data:

‍41% of the participants seek training on the Capital Market to access financing. Prior to training, only 29% had sought financing in this area, while 71% want to venture into it for the first time.

In terms of training, 45% of the participants had a basic to medium level on the market.

SMEs continue to turn to the Capital Markets. 55.2% of participants confirmed working in a small and medium enterprise. A highlight is the 4% of participants from civil associations looking to learn how to finance themselves in the market.

In addition, 81% cited that they work in companies located in the interior of the country. While the remaining 18% are participants from Buenos Aires. A fact that demonstrates the growing federalization of the financial education promoted by BYMAEDUCA.

‍New tool for learning about finance

Recently BYMA presented BYMALAB so that people can put BYMAEDUCA's knowledge into practice. It is the new investment simulator in the Capital Market that allows learning about investments in a practical, didactic and entertaining way.

A free and online proposal designed for all people who want to take their first steps in the market, without the need for prior knowledge. Ideal for primary, secondary, university and college students and teachers, and for those who want to gain experience in the practice of investing in the Capital Markets.

‍It can be accessed here

The BYMAEDUCA commitment

For BYMA, education is a priority. Through the BYMAEDUCA program, financial education is promoted throughout the country. Its objective is to disseminate the dynamics of the Capital Market as the environment to channel savings towards productive investment, work and development. The 2023 program comprised a wide variety of free and fee-based online training proposals, from introductory and intermediate to advanced levels, on different topics related to the Capital Market.

In addition to the introductory courses, more specific topics such as Capital Market Operator, Market Expert, Suitability Exam Support, ESG Specialization, Investor Relations, Simulations, Excel for Investing, Learning to Invest, among others, were addressed.

From BYMA we understand that education is the basis for the evolution of society. The various actions have a special focus on the new generations; young people of secondary level from all over Argentina, as well as on the people who work on the financial sector and on the whole society in general.

Look for more information at here.

The future of financial education

BYMA will soon present the 2024 training schedule to continue bringing the Capital Markets closer to the whole Argentine society with one purpose: to transform investment into work and development for the country. 

*Participation data: refers to the total number of participants associated to a class. A person can make several participations in the same course, because he/she is connected to several classes of the same course. It differs from the course enrollment data, in which a person is counted only once
**100% of the 650 people who responded to the survey expressed this intention

.