Economics
The Department ran the CISI Fundamentals of Financial Services Qualification as an elective for Lower Sixth students. This elective gave them an opportunity to gain an entry level qualification into the world of financial services. The CISI – Chartered Institute of Securities & Investments – is a global professional body who provide training and qualifications for the financial services industry. The qualification is an important first step in developing the essential basic knowledge required for working in financial services.
They learned about commonly used financial products, such as shares, bonds, derivatives, and insurance whilst learning maths skills enabling them to compare the equivalent annual rate of interest with any quoted rate when borrowing money, the impact of leverage on equity owners, and the ability to calculate both bond and dividend yields. This qualification should enhance their UCAS personal statements and assist with work experience applications.
The student-led Cheltenham College Investment Society (CCIS) is now into its fourth year. Taking over the organisation of the society were Bhavya Jain and Arav Mediratta. The CCIS is open to pupils in all year groups with the aim of helping to educate and inform all interested pupils in the world of investments and finance, whilst also giving them fun learning experiences to put their skills and instincts to the test.
Miss Stephanie Burns