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They are among the “school bankers”: Marten Paul (left) and David Grölz from grade 12. Photo: Grammar School Philippinum
WEILBURG – Grade 12 students at the Weilburg Philippinum grammar school have slipped into the role of bankers: They run a fictitious bank and try to assert themselves in the market. “Schulbanker” is a business game in which students and bank executives make important decisions in all business areas such as savings and loans, equity funds, branches and customer terminals as well as advertising, training and further education.
They also learn what effects their decisions have on market developments. It is also important to keep an eye on economic developments and the overall economic context.
The participating groups of the Philippinum grammar school compete with other teams from different schools in Germany, Austria, Switzerland and other EU countries, with the 20 best teams being invited to Berlin for the finals and the three overall winners receiving cash prizes.
The simulation game “School Bankers”, organized by the German Bankers Association, aims to interest young people in economic relationships.
Philippinum has been involved in the simulation game for years
For around 30 years, the subject of “school and economy” has been a focus of socio-political engagement.
The grammar school Philippinum takes part in the simulation game again. The students can also act as “bankers” outside of class. “The whole game is digitally designed so that it can be played well even in times of the Corona,” says Thorsten Rohde, who looks after the “bankers”.
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