How does playing the Student Investor Challenge help improve financial education? Vice Principal Alison Pask takes a look about how participating in the competition can increase financial capability.
In the third video from the 2015/16 Student Investor Challenge champions’ trip to New York, Vice Principal Alison Pask explains why the competition is so important.
Speaking from the floor of the New York Stock Exchange, Alison was interviewed by Student Investor partners Asset TV, where she discussed the everyday decisions that those taking part have to make, be it buying, selling or holding on to shares they have researched.
“The challenge gives [students] a much broader experience [by taking part]; many students actually change their plans and see themselves coming into the banking and finance industries," Alison said.
"It really piques their interest. It improves key skills such as resilience, risk-taking and confidence. The competition really improves base skills that all employers are looking for.”
The Student Investor Challenge is the UK's premier free share dealing competition available to all schools and colleges, with more than 300,000 students registering to play in the past 10 years. Teams, consisting of four students aged between 14 and 19, will take control of two investment portfolios with £100,000 of virtual money for each one to invest in the stock market.
Find out more information about the 2016/17 Student Investor Challenge.