The School: Five Elms Primary

Five Elms Primary School in Barking and Dagenham are in their second year of working with Enabling Enterprise as a Partner School, striving to develop core enterprise skills in their pupils. They have been doing this not only through Lesson-Time Projects in school but have also taken the opportunity to stretch their students’ Problem Solving, Using Imagination and Working in a Team skills in April when the whole school participated in another double Challenge Day. Today was an opportunity for some Year 6 students to show professionals from EQ Investors what they had a learned over the last couple of years.

The Business: EQ Investors, London

EQ is an award-winning wealth manager with over 60 staff in London and 2,000 clients all around the UK. EQ stands for Emotional Quotient, a measure of our ability to recognise people’s emotions. It reflects EQ’s intention to treat all people: clients, staff and suppliers, as human beings and to value their feelings. Employees of EQ – Josh, Alex, Sophie & Bo kindly volunteered to support our Y6 teams on their first experience into the world of wealth management.

The Challenge: Trading Triumphs

The Five Elms students began by interviewing the EQ volunteers, quizzing them about their role and how they use the enterprise skills in their day-to-day job. The teams of 10 and 11 year olds then learnt about the Stock Exchange before taking on the role of Stock Market Traders. The trading teams, including Jelly Belly Money Makers and Totally Twisty Traders, were introduced to their client who asked them to wisely invest an initial £25,000 on her behalf. Each group used their Listening Carefully and Problem Solving skills and made notes on their client’s needs before conducting research on four companies they could potentially invest in.

The Results:

With support from the EQ volunteers and their expertise, the teams were able to complete three separate trades before calculating the return they had successfully made for their client. There were many occasions where Staying Positive was crucial to the work of each team and the students reflected on the importance of this skill in each of their groups. At the end of the day, each team impressed the panel of volunteer turned judges in a round of confident presentations with each team excelling in different ways including learning their speeches off by heart and adding drama with catchy theatrics but all used persuasive language to explain why they felt their company were the No. 1 wealth managers at Five Elms.

What they said:

  • “Throughout the day the children have been telling me how much they are looking forward to the world of work.” – Teacher, Five Elms Primary
  • “It was great to welcome such a positive group of young people and to see them step up to the challenge in a new and unfamiliar environment.” – Volunteer, EQ Investors
  • “The exercises were well thought out, allowing everyone to have their chance and contribute to their group.” – Volunteer, EQ Investors
  • “In the second round we messed up but stayed positive and remembered it was still possible to win if we worked hard.” – Student, Five Elms Primary

Thanks to EQ Investors for such a great trip day, and to Year 6 from Five Elms Primary for coming along.

Enabling Enterprise are working in partnership with schools and businesses to support students to build enterprise skills and aspirations. Find out more by contacting us or visiting enablingenterprise.org

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