In Finland, exciting programmes offer students hands-on financial lessons.
As part of Finland’s goal to improve financial literacy by 2030, sixth form pupils participate in Yrityskylä, a national network of simulated business villages, where they role-play jobs and learn to manage finances. This focus on practical learning in a supportive environment helps to prepare young people for real-life economic decisions.
At Salo secondary school, students simulate running a hotel, adjusting room rates, staffing and marketing in response to scenarios, such as a epidemic. This hands-on activity helps them develop business and financial skills as they gain insight into economic decision-making. The school also noticed improved student engagement when offering a substantial breakfast to kick off the day, aid in concentration and fuel learning.
“It helps us to learn about the environment we are living in. It prepares us for life as an adult,”
– Fiinu Sarlund, student speaking to the Financial Times