In furtherance of its commitment to fostering financial literacy among the younger generation, FMDQ Group PLC recently hosted a learning and development initiative aimed at promoting financial market awareness and literacy among students across all levels (primary, secondary, and tertiary).
The initiative, which also had fresh graduates, was executed through its flagship corporate responsibility programme, FMDQ Next Generation Financial Markets Empowerment Programme, is the 3rd edition of its Summer Camp Programme, which was at its business complex, Exchange Place, in Lagos.
FMDQ, in a statement on Friday, said the free and highly coveted Summer Camp Programme, designed for Primary School (ages 8–10), and Secondary School (ages 11–16) students, was delivered in four streams from August 3 to 26.
“The Programme provided fun and exciting learning experiences, through interactive financial market exercises and activities, offering the young participants the opportunity to learn about the workings of financial markets, and the concept of savings and investment.”
Others are the various investment vehicles, and the roles of the different financial market participants, amongst other valuable learning.
Surpassing expectations, the Programme positively impacted 130 students, who were prestigiously catered for in FMDQ’s well-equipped business complex, with access to the FMDQ world-class Archives, the FMDQ Studio, and trading sessions through the FMDQ market systems.
The participants were also exposed to FMDQ’s workplace, with quality interactions with the Chief Executive Officer, Senior Executives and Staff of FMDQ.
The Programme provided fun and exciting learning experiences, through interactive financial market exercises and activities, offering the young participants the opportunity to learn about the workings of financial markets, and the concept of savings and investment.
Participants enjoyed a range of activities, including quizzes and competitions, trade by barter activities to introduce them to the concept of demand and supply, arts and crafts sessions to foster creativity, amongst others, earning them fantastic prizes.
The Secondary School participants were given the added opportunity to learn how to trade currencies, culminating in a Trading Challenge in a simulated environment in FMDQ Q-Hub (a state-of-the-art Trading Simulation Room), using the FMDQ-Next bespoke Trading System.
In addition to enjoying the practical trading experience, which saw the participants manage virtual portfolios with the goal of making profit and growing the portfolios, the top three finalists of both streams in the Trading Challenge were awarded exciting prizes such as laptops and tablets, as well as internship opportunities at FMDQ Group.
Beyond promoting financial markets education, the Programme also provided an avenue for participants to showcase their exceptional talents in music, drama, and arts, through Talent Shows, with attendant prizes for the performers.
