Economics & Business
T he Lower 6th Economics students all took part in an essay writing competition run by the John Locke Institute. The choice of topics included whether the UK should get rid of the minimum wage, how the University of Oxford could change its admissions process to help identify the best students and the impact of the government leaving the provision of education entirely to the free market. A number of Year 12 pupils also entered an essay competition run by the New College of the Humanities, addressing the question of the contribution economics can make during a pandemic. Pratigya Peshen, James Lund and Ollie Danes were shortlisted from over 6,000 entries, with Ollie Danes going on to be declared a finalist, narrowly missing out on one of the first three places. A number of students attended an online banking and finance event held in February. This event showcased a variety of possible careers in the sector and, following a talk about risk management, a panel discussion was held including graduates in roles such as investment risk analyst at Santander, a relationship manager at Barclays and a business associate at Wellington Management. All Year 12 and 13 Economics students attended an online economics conference in March. There were talks on the topics of public spending, taxation, QE, the productivity puzzle, football economics and
an interesting presentation about careers. In fact, it was St Lawrence College whom requested that the topic of the productivity puzzle be placed on the agenda. The economist, Julian Jessop, delivered this particular talk. Julian has over thirty years of experience gained in the public sector, the City and consultancy, including stints at HM Treasury, HSBC, Standard Chartered Bank and Capital Economics. Most recently he was Chief Economist at the Institute of Economic Affairs, the educational charity and free-market think tank. He was previously a Director, Chief Global Economist and Head of Commodities Research at the leading independent consultancy, Capital Economics, where he worked from 2004 to 2017. The students found the conference very interesting and beneficial and it was nice to receive very positive feedback from the organisers regarding the contributions our students made through the breakout sessions. In May, Young Professionals hosted an event with HSBC about UK-wide summer work experience and apprenticeship opportunities. This event was attended by a number of pupils interested in exploring a career in banking and finance. Pupils interested in a career in business, accounting & finance were also invited to attend a webinar held during the Summer Term. Some of the world’s biggest brands joined forces to talk about what it’s like
to work in business and accounting. The event showcased career opportunities for students leaving school as well as summer work experience opportunities with CIMA. During the Summer Term, Lukas Kralj, a Year 13 Economics student, visited the Year 12 Economics class to talk about his experience of the A Level course and how he approached setting about achieving high levels of performance. This was a very interesting talk in which he covered areas such as revision techniques, making good use of feedback, developing evaluative skills, taking effective notes, making good use of digital resources and the importance of practice. Emilie Ducarme said “It was really interesting being able to hear about the experience of a student one year ahead of where we are and to be able to learn from their own journey.” Some pupils signed up to a virtual business event early into the summer holiday. The virtual Business Spotlight Day, run by the University of Law Business School was held on Wednesday 7 July. Its aim is to provide students with a taster of what studying a Business degree might be like, as well as an insight into the professional world of business. This year’s session involved exploring the product lifecycle of everyday products, examining marketing, finance and business management.
Mr C Brown, Head of Economics and Business
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