gmw2019 visitschools

Visits to Schools & Universities

Not only should students visit different organisations and institutions, but bank, businesses and parliament employees can visit schools and universities as well. It would be great idea to hold workshops and sessions for youth!

 

EXAMPLE
Microsoft Cyprus Team Visited the MIC European University in Nicosia during GMW2015

On 16 March, Microsoft Cyprus hosted the first Global Money Week initiative in Cyprus. Held at the MIC European University in Nicosia, 40 students from the American International School Cyprus (AISC) and 40 students from the Grammar School were invited to attend a presentation organised by Microsoft Cyprus on how to become responsible and skilled economic citizens.

Following a welcome by the General Manager of Microsoft Cyprus, speakers from various departments gave inspiring talks introducing their jobs, describing their chosen career paths and giving tips on the importance of financial knowledge. Also, Microsoft’s Interns from Marketing and Communications and Sales, Marketing and Services Group Departments, gave presentations about their experiences focusing on the Day in the Lives of Interns at Microsoft. The sessions were rounded up by questions from students.

In addition, each student was given special gifts courtesy of Microsoft which included power banks, notebooks, pens and GMW T-shirts. The two schools also received smart phones to give away to their top students.

Other ideas that schools can plan:

EXAMPLE
Local organisation uses debates to spread its financial knowledge to schools and universities across the Democratic Republic of Congo during GMW2018

The Congolese organisation ELIECOM organised an event for this year’s GMW called “La Foire de L’argent” (“Money Fair.”) Debates were held in selected schools and universities on themes related to Global Money Week. The panelists were professionals from the financial and banking sector. Participants participated in quizzes and attended workshops on different themes. Later on, this information was used in a unique event called “Shopping Test.” During this event, children were put in real-life situations, allowing them to make the proper choices on being responsible and independent concerning money matters.

 

EXAMPLE
How Denmark involved schools during GMW2017

GMW2017 was an opportunity for the Danish Ministry of Finance and the Danish Association for Mathematics Teachers to increase children and young people’s financial literacy and spread awareness about good financial habits.

During the Week, sessions on financial literacy, how to budget and save up and generally take care of personal finances were offered across schools in Denmark. The Danish Association for Mathematics Teachers developed new materials for the Week, which were delivered to schools across the country. This ensured that Danish teachers had knowledge of financial literacy and are well-equipped to teach children and young people about finances.

Furthermore, the educational sessions were supplemented with seminars delivered by guest lecturers from local Danish banks. The guest lecturers started comprehensive dialogues with pupils to inform them about effective ways to manage their personal finances, how to avoid debt and how to develop good habits when it comes to handling money.


EXAMPLE
Throughout GMW2017, the Financial Education Foundation, along with partners, reached 700 children and youth through visits to 10 schools in Italy.

Financial literacy awareness sessions were offered for children and youth (aged 12-18), which included sessions on financial markets and saving management, entrepreneurship, planning and budgeting as well as electronic payment tools.


EXAMPLE
Germany raised awareness about financial literacy in GMW2017

Throughout the week different types of sessions were offered to children to raise awareness on the topic of financial literacy and the importance of learning about money management at a young age. The topics discussed with the students varied from spending wisely, planning with money to being able to save. In addition, high-level teacher trainings took place where teachers discussed finance, behavioural finance and how important it is to be financially savvy.

 

EXAMPLE
Her Majesty the Queen of Belgium plays money management game with school children during GMW2016

More than 1,500 classes of years four, five and six throughout the country played the budget game “budg€tPRET/Gère tes pépètes”, an educational and fun game about budgeting. During the Week, Her Majesty the Queen visited two primary schools in Belgium, accompanied by the Ministers of Education. Her Majesty played ‘budg€tPRET/Gère tes pépètes’ in the class together with the children, which taught the pupils how to handle money, manage a budget, discuss in groups and make choices together. With this game, Wiki n.be supported teachers in bringing financial education to the classroom.

 

EXAMPLE
The Reserve Bank of Fiji distributed financial planning diaries to students for GMW2014

The Reserve Bank of Fiji and Vuli the Vonu celebrated Global Money Week by organising an informative event called “Students Encouraged to Be Money Wise.” During GMW, the Reserve Bank distributed over 3600 student diaries through the Ministry of Education to more than 30 schools in Fiji.

The Reserve Bank Governor said that improving financial literacy and competencies of all Fijians indirectly contributes to consumer empowerment and promotes a more robust and efficient financial system, which can add to national savings and supports economic growth. Studies have shown that good personal money management skills can make a positive impact on achieving one’s personal and financial goals.

It is with this theme in mind that the Reserve Bank of Fiji designed the 4th edition of the Student Diary that is targeted at high school students. The colourful handy size Student Diary was designed for students from levels 4 to 7. The theme, “be money wise”, focuses on ‘money smart’ principles of saving and investing. The Diary included other useful financial information such as the budget planners to help students keep track of their income and expenses, while also allowing them to plan their daily activities and studies.

 

EXAMPLE
Swedbank representative explained money matters to young Estonian students in GMW2014

In Retla School, a Swedbank representative explained to the students about finance, banking and which bank accounts they can open. In a finance class students discussed what they learnt about banking during Global Money Week and discussed ‘pocket money’ and why it is important to save it and not waste it. The students also learnt about budgeting, for families as well as individuals. Teachers also explained how looking after money and spending it wisely allows governments and individuals to fund many non-finance related areas such as media, theatre, film production, etc.

 

EXAMPLE
Chilean Minister plays board games with students to teach them about money matters during GMW2013

Global Money Week in Chile was marked by the launch of the financial educational game called “You Decide.” The Social Development Minister Joaquín Lavín visited 7- and 8-grade students from the outskirts of San ago to introduce to them the board game that aims at teaching young Chileans how to manage real-world financial situations. The game was developed by the government’s social investment bureau FOSIS and was used by 50,000 students in 200 schools across the country. It was given to schools, allowing both children and their guardians to understand the key concepts for properly managing budgets, saving and responsible indebtedness. In addition, this game is part of Financial Education in schools and the Social Risk Programme.