FINANCIAL EXPLORACE 2009 for TUTONG & KB GOVERNMENT SCHOOLS

FINANCIAL EXPLORACE 2009

TAP, through the Corporate Communication Department, together with the Curriculum Department of the Ministry of Education will be organizing Financial ExploRace 2009. The event is part of TAP and MOE projects to introduce the concept of financial planning to students.

1. PURPOSE :

a) To create awareness among students on the importance of financial planning through fun games

b) To introduce the participants to the concept of Earning, Sharing, Saving and Prudent Spending

c) To give opportunities for teachers to exchange ideas and find new creative ways to incorporate financial education in the classroom

d) To promote financial independence among youths

2. STORYLINE :

The game revolves around the life of a university student who needs to find extra cash to buy necessities. His current savings and allowances are not enough to buy the items needed and he cannot depend on his family to provide him with the funds. Thus, he is required to earn the money himself by working.

Throughout the game, the students will face challenges and opportunities. The students need to avoid the threats and take advantage of all the opportunities in order to achieve their goal.


3. FORMAT OF THE GAME :

a) At the beginning of the game, each group will be given a list of items. From that list, the participants would need to select five items according to their priority

b) To enter the Job market, each group needs to pass a simple test which is solving basic accounting equations.

c) Once inside the job market, the group can earn money from four game stations. However, to proceed in each game station, they need to complete an assigned task before they can enter the game station and earn “money”.

d) Inside the game station, participants will be given a set of questions and they are required to correctly answer the questions in order to earn their “money”. For every correct answer they will be awarded 10 points, which is equivalent to $10.00. In addition, every game station will have a specific theme and the questions will be related to the theme itself.

e) A team can earn up to 100 points or $100 at each station. They will also have the opportunity to earn bonus points throughout the game. Points or cash earned from each game station can only be collected from the bank.



f) Once the groups have already started to earn points, they can either buy items on the list or put their earnings in the bank and earn dividend.

g) The items can be bought anytime during the duration of the game. The items can be bought from any of the three stores

h) The game must be completed within two hours.


4. PRIZE :

1st prize
Savings Account worth $150 for each student
Medal
Consolation prize
Certificate of participation for each student

2nd prize
Savings Account worth $100 for each student
Medal
Consolation prize
Certificate of participation for each student

3rd prize
Savings Account worth $50 for each student
Medal
Consolation prize
Certificate of participation for each student

5. TERMS AND CONDITIONS

a) To participate, the schools are required to fill in the form provided. Completed form is to be submitted not later than 17th March 2009 to :

The Secretariat
Financial ExploRace 2009
Unit Keusahawanan & Perdagangan
Jabatan Perkembangan Kurikulum
Kementerian Pendidikan,
Lapangan Terbang Lama, Berakas BE 3510
Attention to: Cikgu Halimahtun PD Hj Sulaiman
Tel : 238 4333
Fax : 238 2146
Email : halimahtun.sulaiman@moe.edu.bn

b) Each school can only send one team.

c) Each team consists of 3 students (from year 7 to form 5)

d) The team is required to register one time only. The team who fails to register on the day of the event will be disqualified.

e) Participants are required to bring their own stationery such as pen and calculator.

f) Each school is allowed to wear its own T-shirt team

g) The organiser’s decision in all matters is final and no further correspondence will be entertained..


6. THE PROGRAMME :

DATE : 26th March 2009
VENUE : Sekolah Menengah Sayyidina Othman, Tutong

8.15 am : Registration

8.30 am : Briefing to participants by the organizer

8.50 am : Welcoming remarks

9.00 am : Launching and the game commences

11.00 am : End of the game

11.30 am : Announcement on the winners and
prize presentation

11.45 am : Refreshment