Pupils show financial skills: Record in the business game Stock Exchange!

Pupils show financial skills: Record in the business game Stock Exchange!

The 42nd game round of the Sparkassen Banklays have recently set a new record, while the concept of financial education young adults continues to become more important. In this game round, which took place over a period of four months, 113,000 participants took part across Europe. The Sparkasse Olpe-Drolshagen-Wenden was represented with 36 teams, among which students from the Olpe district, the St. Franziskus School Olpe and the comprehensive school were mainly.

Each team received a virtual starting credit of 50,000 euros, which they should increase by investing. Most teams focused on large companies, in particular from the automotive industry and other globally operating groups. The team of ultra-hollow performers, which is located at the St. Franziskus School, achieved the best performance with a profit of 22.6 percent, which corresponds to an increase in value of 11,030.82 euros. In the regional ranking of Westphalia-Lippe, the team took 49th place.

The best teams at a glance

The award ceremony took place in the main office of Sparkasse Olpe, where Dieter Kohlmeier, the CEO of Sparkasse Olpe-Drolshagen-Wenden, rewarded the winning teams with "Olper Mark vouchers". The best teams in the overview:

The Börse business game was launched by Sparkassen in Germany 37 years ago and aims to promote economics with students and young adults. It not only offers an interesting platform to learn financial knowledge in a practical way, but also conveys a better understanding of how the stock exchange works. As part of the game, students can work strategically together in teams, although school support is not necessary. The next round of the game starts on October 1, which gives the participants the opportunity to join together and to further expand their knowledge.

The importance of financial education is underlined by international studies, such as the 2015 PISA study. This shows that European 15-year-olds perform poorly compared to the peers from Canada and China in economic knowledge. In view of this situation, the call for stronger integration of economic knowledge into class is getting louder. The Börse business game takes on an outstanding position in order to playfully convey the necessary tools for the responsible handling of investments.

The marketing employee Ina Ludwig and the official website of the Sparkasse Olpe-Drolshagen-Wenden are available for further information. The need for financial educational programs such as the Börse business game remains unbroken because more and more young people are to be introduced into our complex economic system.