Pupils get their hands on the money in financial skills challenge
11 July 2016
Barton Court and Wilmington Academy, took top honours at this year’s Stock Market Challenge for schools and colleges held at Canterbury Christ Church University.
Over 150 pupils from schools from throughout Kent took part in the Stock Market Challenge, a joint initiative funded by HSBC and supported by the University in partnership with Global Investor Simulations.
Stock Market Challenge enables students to apply their knowledge of mathematics and business, and helps them to develop their communication, problem-solving, decision making, teambuilding and negotiation skills.
Stefan Colley with Canterbury Year 10 pupils
The initiative offers a unique engagement opportunity between schools and large businesses, such as HSBC. It aims to help students leave school or college prepared for the world of work with the capabilities and confidence to handle future higher education and career decisions. The initiative also supports the local financial services sector in its need to create a world-class competitive workforce.
Stefan Colley, Project Officer for the Outreach Team at Canterbury Christ Church University, said: “We think it is essential that we focus on developing the qualifications and skills of our young people, to ensure the appropriate skills base is in place to take advantage of the job opportunities now and in the future. Initiatives such as the Stock Market Challenge provide us with an opportunity to introduce the university to young people whilst also helping our next generation of business leaders to consider a high value qualification in finance, banking or accounting.”
Nicola Lewis, Canterbury Branch Manager at HSBC, said: “Stock Market Challenge is a fantastic way for young people from schools across the region to build their understanding of the business world whilst developing their skills and having fun. The initiative links well with our community goals and gives pupils the opportunity to apply their learning at school to a highly realistic financial setting, whilst bringing their own fresh perspective.”
Working in teams, their task was to manage a fund of shares and foreign currency by interpreting information and investing in the markets. The team with the highest total fund at the closing bell of each competition were the winners.
Martin Barnes, Director of Global Investment Simulations, said: “Stock Market Challenge is really about applied learning, one of the key aspects of this whole program is to allow students to take knowledge that the learnt in school, whether it be maths, economics, business, and apply it to an environment that’s fun, exciting and enjoyable like the Stock Market Challenge trading game.”
The events were supported by HSBC’s staff who participated as ‘traders’ to recreate a ‘real time’ trading floor. The company also provided the prizes and, with Christ Church University ambassadors and staff, were on hand to provide teachers and students with guidance and information about opportunities in the sector and relevant courses at the university.
Participating schools & colleges
Year 10 Schools
Northfleet Technology College, Maplesden Noakes School, Castle Community College, Herne Bay High, Sandwich Technology School, King Ethelbert School, Barton Court, Royal Harbour Academy, The Archbishops School, St Anselms School, Wilmington Academy and Strood Academy
Year 12 Schools
Northfleet Technology College, Herne Bay High, St Anselms, Wilmington Academy and Strood Academy.
Canterbury Christ Church University
Canterbury Christ Church University is a modern university with a particular strength in higher education for the public services.
With 17,000 students across Kent and Medway, its courses span a wide range of academic and professional subject areas.
- 95% of our UK undergraduates were in employment or further studies six months after completing their studies*.
- We are one of the South East’s largest providers of education, training and skills leading to public service careers.
*2013/14 Destination of Leavers from Higher Education survey