Economists learn about share trading in Bank of New York game

Fundopoly morning with BNY Mellon

Economists and Business Studies pupils from the sixth form spent a morning buying, selling and trading shares with representatives from the Bank of New York Mellon in a game of Fundopoly last week.

Joined by members of our fourth year share and investment club, pupils were divided into teams and given a budget to buy and sell shares, commodities, currencies and bonds over a 5-day cycle, with their success – or failure – dependent on the day’s real-life trading news.

Young consumers of the year teamThe game really challenged our pupils’ economic knowledge, understanding of data and their decision-making skills, with the team of Chris Marshall, Chris Robinson, James Collins and Jaimin Lakhani being named as the winners at the end of what was an enjoyable and rewarding morning.

It had been a successful couple of days for Jaimin, who was also a member of the school’s young consumers of the year team who finished as runners-up in the previous day’s north-west final, held in front of an audience of family, friends and shoppers at the Trafford Centre.

The team, which comprised of Jaimin alongside fellow fourth year pupils Fergus Bell, James Longbottom and Ananda Thavala, were representing Stockport after scoring 86 out 100 in the competition’s previous round.

Despite being up against much older teams of sixth form pupils from across the region, the boys did brilliantly to finish second and just missed out on a place in the national final.

Earlier in the month, our pupils were also invited to attend a question and answer session with Old Stopfordian Matthew Greene, who now works at professional services firm PricewaterhouseCoopers.

Matthew advised pupils about graduate and school leaver opportunities at the global company and debunked some of the myths often associated with working as an accountant.

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