Boys are taking the world of student ‘business’ by storm

Whizz kid sixth formers at Lancaster Royal Grammar School have been showing off their business skills.

Two teams reached the national semi-finals of the IFS Student Investor Competition, in which they managed a virtual stock exchange investment of £100,000 and were up against teams from the UK’s top state and independent schools.

They are currently in the tough semi-final stage which takes the form of a four week online challenge, in which teams predict the value of certain stocks week by week.

Not to be outdone, another group is investing real money and was recently ranked top in theShares4Schools Competition with their investment of £1,500.

They are in the top-0 nationally and heading towards the competition final in May.

Lower sixth former Cameron Peters reached the national final of the TARGETCareers School Leavers Challenge, an online business competition which tests students’ work readiness, while a team of upper sixth economics students won the regional heat of the Target Two Point Zero Bank of England and The Times Interest Rate Challenge.

Another team reached the North West heat of the National Business and Accounting Competition run by the Institute of Chartered Accountants in England and Wales. Head of business and economics at LRGS, Russell Wareing said: “These activities give the boys many valuable opportunities: yes, they enjoy the competition and they’re a chance for them to test themselves on the national stage. But it goes much further than that – projects like these go way beyond the text book and really broaden the students’ 

“They learn valuable workplace skills.”