Financial Education in Kent

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Presentation transcript:

Financial Education in Kent A decade of positive outcomes Alison Pask Managing Director Financial Capability & Community Outreach apask@libf.ac.uk

Introducing The London Institute of Banking & Finance The London Institute of Banking and Finance (“LIBF”) was founded in 1879 as the Institute of Bankers, to serve the City of London Banking Community It gained Royal Charter in 1987 LIBF has a heritage of more than 135 years of delivering world-class, professional education to students in the City of London and throughout the world LIBF is a not-for-profit educational body with charitable status, incorporated by Royal Charter LIBF received taught degree-awarding powers (“TDAP”), the first and still the only ‘professional body’ in the UK to achieve this distinction LIBF has been educating children and young people for over a decade

How do we contribute to student and school progress? Lessons in Financial Education - LiFE – fully interactive independent study programme – from Foundation to Level 2 GCSE – Award and Certificate in Financial Education A Level – Certificate and Diploma in Financial Studies Included in performance tables Progress 8 Include A* and carry maximum UCAS points All fully funded Endorsed as excellent use of Pupil Premium funding Ofsted “LIBF fin cap exams bring coherence and progression” Full support and CPD for teachers

The impact of our work in Kent Almost 10,000 students in Kent have studied one or more of our qualifications since the academic year 2005/6 Last year 35,000 from 600 schools studied with us, 400,000 since 2005/6 10% of our full time undergraduates are from Kent, 27% of those who have graduated received a First Class Honours Degree Many progressed from summer internships to full time positions with employers including Barclays, Bank of Cyprus, Handelsbanken, St James’s Place, HSBC and Blackrock Many won Academic Achievement prizes each year of their studies A large number joined school leaver programmes with organisations including The Bank of England and Barclays

A Financial Services Guild in Kent – working together as a community Our objectives: Connect employers, young people, schools, teachers and parents A programme to develop Understanding of Financial Services employers and roles in Kent Routes in – Apprenticeship v’s University Work experience Soft skills – the things employers say are missing! Mentors A collaborative approach to reducing unemployment and upskilling young people in Kent. Please contact apask@libf.ac.uk to register your interest