Welcome to the Business & Enterprise Department
Team from Wightwick Hall School beats 9,215 in stock market challenge to be in running for trip to New York
A team of Sixth Form students – from Wightwick Hall School have battled their way into the Student Investor Challenge semi-finals, beating over 9000 teams from schools around the UK and abroad.
The Student Investor Challenge, run by The London Institute of Banking & Finance, challenges teams of school children to invest virtual money on the London Stock Exchange and trade stocks and shares to make a profit.
Tinacre Team consisting of students; Keith Davis, Jack Parkes, Sky Lewis and Jo Osborne successfully invested virtual money and came in 293rd position after the first round of trading. Only the top 500 teams progress to the semi-finals. They’ll now go on to battle the remaining 499 teams to try and reach the final in London. Wightwick Hall was one of thirteen special schools to have teams in the first round and Tinacre are the only special school team to be in the second round.
Wightwick Hall School caters for students with severe, moderate learning difficulties (MLD) and Autistic Spectrum Disorders (ASD). In addition, a small but significant number of Behavioural, Emotional and Social Disorders (BESD) and Social, Emotional and Mental Health (SEMH) pupils are catered for at the school (age range 11-19). The school is situated in a former manor house on the border of South Staffordshire and the West Midlands. Our student body is made up of students from Staffordshire, Wolverhampton, Salop Walsall and Shropshire and across the West Midlands.
Catherine Winter, Managing Director of Financial Capability at The London Institute of Banking & Finance, says: “This competition is a powerful way of engaging young people with how the finance sector works and relating it to everyday life. “The movement of stocks and shares, currency fluctuations and central bank activities can feel quite remote and difficult to get to grips with. By bringing it to life through a trading game, young people have proved they can grasp how economies work and the basics of investment. So, congratulations to the semi-finalists for making the top 500, it’s a great achievement!”
Enterprise Education consists of enterprise capability supported by better financial capability and economic and business understanding. Enterprise capability is the ability to be innovative, to be creative, to take risks and to manage them, to have a can-do attitude and the drive to make ideas happen. Enterprise capability is supported by financial capability which is the ability to manage one’s own finances and to become questioning and informed consumers of financial services and business and economic understanding is the ability to understand the business context and make informed choices between alternative uses of scarce resources.
|The content of Key Stage 3 centres on an appreciation of the tenets of being an entrepreneur and the key enterprise skills. Through a number of projects and activities the learners are engaged in the production, marketing and selling of a particular product. In addition to this they access the onsite Low Ropes course for team building and further skill development. Here students are given their first lessons in the continuous improvement cycle of planning, execution and reviewing. The team building activities brings out individual strengths and the groups realise that Together Everyone Achieves More Success!|
|Lessons in Financial Education (LiFE) Foundation
Year 10 & 12/13 & 14
Edexcel GCSE (9–1) Business
Theme 1 concentrates on the key business concepts, issues and skills involved in starting and running a small business. It provides a framework for students to explore core concepts through the lens of an entrepreneur setting up a business.
Theme 2 examines how a business develops beyond the start-up phase. It focuses on the key business concepts, issues and decisions used to grow a business, with an emphasis on aspects of marketing, operations, finance and human resources. It also considers the impact of the wider world on the decisions a business makes as it grows.
Assessment overview, Two externally set Examination Papers.
These papers will consist of calculations,
Questions in Sections B and C will be based on business contexts given in the paper.
Calculators may be used in the examination.