Financial knowledge, quick decision making and good teamwork are required in a competition challenging Scotland’s pupils to show their investment skills.
S5 and S6 pupils will be challenged to work in teams to grow a virtual investment fund, making decisions on what to buy and sell based on their own research from incoming news stories.
The Investment Challenge is sponsored by BNP Paribas Securities Services in partnership with Skills Development Scotland and Global Investor Simulations.
The virtual event gives pupils the chance to pit their investment wits against each other whilst also hearing more about careers in the financial services industry.
Hundreds of pupils are taking part in the competition using the online business simulation Finance Lab, with volunteers from BNP Paribas Securities Services visiting schools virtually to talk about opportunities in the sector and share their career journeys. The top six schools from the Glasgow and Dundee regional qualifying rounds will compete in the final event on 17 June.
Mark Daisley, Head of Client Delivery for UK, Middle East and Channel Islands, BNP Paribas Securities Services, said: “This has been a challenging time for everyone during the ongoing pandemic through 2020/21 and the schools should be congratulated in their agility to ensure we were able to continue to support this important initiative.
“The Investment Challenge helps us develop close links with local schools and offers real benefits to young people as they explore their career options. Our sponsorship of this initiative is part of our wider commitment to making a positive and long-term impact in the communities in which we operate and help promote quality education as part of the UN Sustainable Development Goals.”
The competition supports the Developing the Young Workforce strategy and forms part of the Skills Investment Plan for Scotland’s Financial Services sector.
Ian Hanson, Key Sector Manager for Financial and Business Services at Skills Development Scotland, said: “The competition provides school pupils an exciting insight into career opportunities in the sector, and promotes the development of key skills, such as communication and problem solving.
“With the immense disruption caused by the pandemic, it’s crucial that industry and schools continue to engage in these kinds of initiatives to support young people’s future career pathways.”