20 Feb 2019
Bishopbriggs Academy crowned winners thanks to investment know-how.
Financial knowledge, quick decision making, and good teamwork have helped an East Dunbartonshire school win a competition challenging pupils to show their investment skills.
Bishopbriggs Academy were the winners of the Investment Challenge in which S5 and S6 pupils work in teams to grow a virtual investment fund, making decisions on what to buy and sell based on their own research and incoming news stories.
The competition is sponsored by BNP Paribas Securities Services in partnership with Skills Development Scotland (SDS) and Global Investor Simulations.
Six schools beat 39 others to reach regional finals hosted by BNP Paribas at their offices in Glasgow and Dundee, giving them the chance to pit their investment wits against each other whilst also hearing more about careers in the financial services industry.
Bishopbriggs Academy were winners in the West region, beating Boclair Academy in Bearsden and Clydeview Academy in Gourock.
Samantha Robertson, Teacher of Mathematics at Bishopbriggs Academy, said: “The competition is an excellent demonstration of ‘real world’ maths and has given my students a realistic insight into the financial sector. It has also helped them improve their communication and analytical skills – both essential for their employability.”
More than 1,000 pupils took part in the competition using the online business simulation Finance Lab, with volunteers from BNP Paribas Securities Services visiting schools to meet teachers and students and talk about opportunities in the sector.
Montrose Academy triumphed in the North East region, beating Glenwood High from Glenrothes and Inverkeithing High.
Mark Daisley, Head of UK Operations, Investment and Fund Services, BNP Paribas Securities Services, said: “We’d like to congratulate Bishopbriggs Academy for such an impressive performance, and applaud all schools for the enthusiasm they’ve shown during the competition.
“BNP Paribas is focused on forging and maintaining strong links with local schools and communities. The Investment Challenge helps us develop those links and offers real benefits to young people as they explore their career options.”
The competition supports the Developing the Young Workforce strategy and forms part of SDS’s Skills Investment Plan for Scotland’s Financial Services sector, which features themes including attracting new talent.
Ian Hanson, Key Sector Manager for Financial and Business Services at Skills Development Scotland, said: “The commitment shown by schools across the country taking part in the Investment Challenge has been hugely impressive, and congratulations go to Bishopbriggs Academy in emerging victorious.
“The finalists will have learned a great deal from visiting the offices of BNP Paribas, and the involvement of employers in activities such as this is hugely important if young people are to gain a firm understanding of the careers available in the sector.”