Mayo students can battle for chance to represent Ireland at European Money Quiz
Banking & Payments Federation Ireland (BPFI), with the support of the Business Studies Teachers' Association of Ireland (BSTAI), have launched registration for the Irish finals of the 2023 European Money Quiz, Europe’s largest financial education competition for 13- to 15-year-old students involving 28 countries.
Teachers in Mayo and across Ireland are invited to register their students to take part in the Irish leg of the quiz, which will see classrooms up and down the country go head-to-head in the live online final at 12 noon on Tuesday, March 14.
Playing in teams of two, students will compete directly against each other in real time using the Kahoot! learning platform. Tested on a series of financial education-related questions, the winning team will be flown to Brussels in May to take on students from over 28 European countries for a chance to be crowned European champions and share in a prize fund of €5,000 for their school.
The European finals event, which takes place over two days, will return for the first time in two years following a break due to Covid-19.
Since the inauguration of the quiz in 2018, Ireland has performed exceptionally well, securing a podium spot in the top three European teams on three occasions. In 2022, two students from Gaelcholáiste na Mara, Co. Wicklow, took third place in the European final. In total, last year’s quiz attracted more than 50,000 students across Europe.
Brian Hayes, chief executive of BPFI, stated: “We have had great engagement from schools and students across the country in previous years and look forward to seeing more students get involved in 2023. The real-time competition brings a bit of fun and excitement to the classroom and every year we see well over a thousand students across Ireland compete.”
He continued: “We are delighted that this year we will be sponsoring the winners to go to Brussels to take part in the European finals in May. Brussels is at the heart of business and financial services in Europe, and it is a great opportunity for students to experience the city, hear from some of Europe’s top financial experts and meet other students from across Europe.”
Margaret McDonnell, representative of BSTAI, added: “The European Money Quiz has been a huge success in schools over the past few years. Understanding and learning about money and finance is really important for young people and I would strongly encourage teachers in Mayo to sign up and get their students participating. It is not only for students doing business studies - anyone between 13 and 15 years of age can take part.”
The European Money Quiz is part of European Money Week (EMW), a joint initiative between the European Banking Federation and 30 banking associations across Europe – including BPFI, which aims to boost financial literacy levels and raise awareness on the benefits of financial education.
Further details and registration are available on the BPFI website at bpfi.ie/European-money-quiz.