20.05.2015 Views

Economics for the classroom

Getting young people interested in economics and making the subject more accessible to them - that is the target the Association of German Banks has set itself.

Getting young people interested in economics and making the subject more accessible to them - that is the target the Association of German Banks has set itself.

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Student competitions<br />

Learning from practical experience<br />

SCHUL/BANKER is a complex business game<br />

in which <strong>the</strong> young players gain intensive,<br />

hands-on experience of <strong>the</strong> economy and<br />

labour market. They become managers<br />

of a virtual bank and make a number of<br />

business-policy decisions – just like in real<br />

life. The object of <strong>the</strong> game is <strong>for</strong> <strong>the</strong> players<br />

to manage “<strong>the</strong>ir” bank more successfully<br />

than those of <strong>the</strong>ir rivals. To do so, <strong>the</strong>y<br />

need to keep an eye on <strong>the</strong> economic<br />

situation, market developments and on<br />

what <strong>the</strong> competition is up to.<br />

Participants<br />

The competition is aimed at students in grades 10 to 13 (aged 16<br />

to 19 years) at non-vocational secondary schools. Teams of four to<br />

six players take over <strong>the</strong> management of an imaginary bank. Each<br />

team is supervised by a teacher, though one teacher can look after<br />

several teams.<br />

Around 50,000 students have played SCHUL/BANKER since <strong>the</strong><br />

competition began in 1998 – with much fun and success.<br />

Views on <strong>the</strong> game<br />

Decisions<br />

– Saving and investing<br />

Loans<br />

– Equity funds<br />

– Online banking<br />

– Building up a branch network<br />

– Staff training and development<br />

– Public relations and advertising<br />

– Market research and monitoring competitors<br />

“A super business game.<br />

We had a lot of fun and it<br />

made economics lessons<br />

more interesting. ”<br />

“SCHUL/BANKER is <strong>the</strong> most<br />

realistic and challenging<br />

business game we’ve ever played. ”<br />

“My students can’t wait <strong>for</strong> <strong>the</strong> results and are<br />

already looking <strong>for</strong>ward to <strong>the</strong><br />

next round of SCHUL/BANKER. ”<br />

“It was interesting to see how much work and responsibility<br />

are involved with running your own business. ”<br />

“Thanks to SCHUL/BANKER we’ve learned a lot<br />

about how banks work and this<br />

will help us later on in life. ”<br />

12<br />

13

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