Notes to support teachers using Risks & Rewards

Some points for teacher guidance.

There are a number of sites that have been developed to support teachers working in this area. Some provide excellent resources; others are less accurate in their content. They have been designed for a range of different audiences.

This site has been designed specifically to provide background information, lesson ideas and tools for teachers, but also to give pupils an opportunity to experience the world of investment banking through a game-based approach. All of the resources and information is copyright cleared to allow them to be downloaded, edited and used for teaching purposes.

E2BN's "Risks and Rewards" site can be used to assist teachers in delivering a number of aspects of the curriculum including PSHE, Business Studies and Economics, History and Mathematics.

  1. Economic well-being and financial capability is one of the two non-statutory programmes of study for PSHE. Economic well-being is also an intended outcome of the Every Child Matters agenda. This site aims to offer resources for the teaching of economic well-being by addressing it through aspects of financial capability and entrepreneurship as well as touching on some aspects of career development. It also addresses some of the issues raised in the 2008 Ofsted report Developing financially capable young people.
  2. Business studies and Economics lend themselves particularly well to meeting this strand of the PSHE curriculum. Research has produced much evidence that understanding EWB supports students' learning in other areas. Increasingly the skills of business studies teachers in particular are being sought to give support in this area of the curriculum.
  3. For the teaching of History, the Baring Archive represents a very rich vein of primary source material and allows pupils to access some very valuable material in its original form. The archive includes correspondence between the House of Baring and proposers of some of the greatest industrial projects of the nineteenth and twentieth centuries. These include the building of the Manchester Ship Canal, the Canadian Grand Trunk Railway, the flotation of the Guinness company and the largest land sale in history, the Louisiana Purchase. Pupils can also browse investment proposals for these projects, plus a range of other documents relating to them. Apart from these original sources, studying the history of the Barings family and their bank will offer students a unique insight into British social and economic history during this period.
  4. For teachers of Mathematics, the site offers excellent opportunities for exposing learners to a range of real-life historic financial transactions. Teachers may wish to use the 'Would You Invest?' activity to encourage students to explore mathematical calculations and to work on percentages, interest rates, compound interest and how different types of investment packages are constructed. The 'Finance' pages, and in particular the 'Discover The City' section, will allow users to explore a range of financial transactions including shares and loans, venture capital and futures. Some the exercises in the Try Your Hand sections under the cartoons are relevant to Maths.

If you have and queries regarding Risks and Rewards, please contact us via telelphone or email:  01462 834588