Ukrainian Lycee Students Successfully Manage Virtual Banks

This time, about 400 European teams competed for several months in the management of virtual banks. As a result, the Kyiv lycОe students finished seventh.

The young bankers already study by themselves Samuelson's university textbook and know about theories of McConnel and Brew. But the young people are not at all academically-minded. One of the participants in the game's previous rounds believes that the main thing is "to test economic strategies in action. Only then you will see what are really worth. And it is such a treat to work out strategies and make decisions!"

Enthusiasm for the game could well grow into professionalism. But today the team is not very satisfied with itself: "if only we had made it into the top three, for the winners go on to advanced studies in German banks..."

The game's organizers make no secret of their main goal: the selection of talented students for careers in banks. Thus domestic financial employers will have to watch out, for the Germans quickly appreciate the significance of mental resources.