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Year 8 students learn about world of banking

Year 8 students learn about world of banking

Published on 10 February 2018

Trading stocks and shares brings business to life

Our Yer 8 students enjoyed learning about teamwork and money skills in the world of banking when they took part in a fun interactive workshop.

The workshop was hosted by mentoring charity ReachOut UK and the Bank of New York (BNY) Mellon.

Students were split into three teams and given a challenge of trading stocks and shares from different companies to try to make the most money.

Rhys Spencer, Senior Derivative Client Service Associate, and Annie Mbako, Client Liaison Senior Analyst at BNY Mellon, led the session. They talked to the students about stock trading, how finance works and how maths can be applied to solve problems.

The students were then given information about different companies and had to choose which to invest in and which to sell.

Mr Spencer said they did very well and it was good to see them getting so competitive with each other.

Manchester Academy’s Pastoral Support Worker Mr Moncrieffe said the students really got a lot out of the morning’s workshop.

Student Mobasher Benotman said he thought it was 10 out of 10.

I really enjoyed it and I learnt a lot,” he said.

Ilyas Adan said he liked working as part of a team.

Mohammed Fazan said he enjoyed selling and seeing how his team’s investment increased.

The ReachOut programme aims to help raise students’ aspirations as well as developing teamwork skills.

Davy Cheema, ReachOut Volunteer and Workshop Officer, said: “It was fantastic to see all the boys getting stuck in and they seemed to gain a lot from their interactions and question time with the BNY Mellon staff. It was a fun way to give them a valuable insight into the world of stocks and finance”.


Categories: News, Business and Computing

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