Youngsters tackle world of business

STUDENTS got to grips with the stock market, banks and the world of business as they battled to generate the top profit from a new car.

STUDENTS got to grips with the stock market, banks and the world of business as they battled to generate the top profit from a new car.

It was the eighth year running Farlingaye High School in Woodbridge had staged its Enterprise Day, run jointly by the school and BT.

More than 300 year nine students, aged 13 and 14, took part in teams, working hard to try to make their brand for the car manufacturing industry a world leader.

For the winners there was the prospect of a £200 prize given by sponsors and £300 - £1 from each student taking part - to donate to a charity of their choice.

Groups of 12 to 15 students formed companies, taking on the roles of different key staff, including managing director and finance manager and marketing executive.

In the lead up to the day, marketing had been going on throughout the school, ready for trading to begin on the day itself.

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Kevin Pierce and 11 staff from BT helped coordinate events on the day, including a live stock market, commodity exchange, banks and various markets.

Organising teacher Nigel Edge, head of business and economics at Farlingaye, said: “I really enjoy Enterprise Day.

“It's great to see how much the students get involved and it's a really good opportunity for them to experience the highs and lows of the business world.

“BT always put on a tremendous show and it's thanks to them that the event is such a success.”

Is your school having a special event? Let us know - contact the Newsdesk on 01473 324788.