Children are in one way like animated sponges, eager to soak up information and experiences both in and out of class. The job of good educators is to harness that eagerness to learn in a range of academic and practical subjects and to help each child gain a broader understanding of and interest in many different areas of study.
Finance may not be an instant go-to subject for young students, but it’s essential for children to get to know and understand how the finance world works because it will affect many aspects of their later lives. So how best to engage their interest?
A generation where technology is not a mystery
Children today grow up with all sorts of technology at their fingertips. From smartphones, tablets, laptops and games consoles, tech surrounds them every day. And they know how to use it.
In a classroom setting, technology sets new standards for engaging enquiring minds. Not all technologies are necessarily appropriate, but exploring online resources to support teaching can have major benefits for fast learning and improved exam results. You can find packages that will introduce students to finance that might encourage them to consider a career in the financial sector.
Social media platforms, such as Twitter, Facebook and Tumblr can enable you to have dynamic communication with your students, and you could explore using mobile apps to help grade tier work and provide databases for lesson plans. As school funding continues to shrink, educators must work in smarter ways, saving time and money, and technology can make a real difference.
Online education portfolios can be used to evaluate your students, and they are likely to prefer this means to demonstrate their creativity and how their skills are developing. Financial ability is not just about being able to do maths but also understanding how the wider world of finance works, and portfolios can be a useful pointer as to how students are coping with the subject.
There is a wide range of careers in finance, some of which require higher-level training to get a foot on the ladder. Here are just a few opportunities your students could explore:
- Financial services: financial services take in a wide range of work, including asset management, broking and corporate capital services. Shard Capital is an example of a successful independent financial services company, based in London but with a global reach. Experienced finance professionals could find many similar options open to them as well.
- Accountancy: every business and public or charitable organisation needs accountants. Many companies will take on talented and aspiring students and help put them through the rigorous training and exams required to become a chartered accountant.
- Banking: both commercial and investment banking offer opportunities for many types of career, including counter clerks, loan officers and operations managers.
Finance is a global industry and students aiming high can learn, earn and, in many cases, travel the world when working in the financial industry.