Framlinghamian 2023-2024 Single page - web 144dpi - Flipbook - Page 55
SPINE OF SKILLS
young people on topics such as 昀椀nancial
who are eager to learn more about
management, Mr McLean said: “It’s
economics.
essential that all young people are given
a basic understanding of the principles
Framlingham College has also witnessed
of money management, personal 昀椀nance
such demand from pupils to enhance their
and investing as this can have a huge
昀椀nancial acumen, with 20% more Year 12
impact on their 昀椀nancial situation later on
pupils taking maths as an A-Level this term
in life.”
compared to last year.
This correlates with recent 昀椀ndings
“O昀昀ering pupils lectures like this can help
from London Institute of Banking and
open their eyes to the power of investing
Finance’s (LIBF) Young Person’s Money
over a long period of time and can spark
Index 2022/23 report which found that:
enough curiosity for them to go and start
looking into it more,” Mr McLean explains.
“Ideally it would be something that all
• 82% of 15 to 18 year olds want to learn
more about money and 昀椀nance in school
pupils were able to access, so I am looking
– an increase of 10% on last year (72%).
forward to opening 昀椀nancial education up
to a wider audience in the future.”
• 68% of 17 to 18 year olds say that most
of their 昀椀nancial understanding and
Such lectures and workshops are part
knowledge comes from their parents,
of wider College initiatives such as the
19% say they are self-taught and only
Academic Enrichment Programme and
8% cite school as their main source of
Sixth Form Extended Learning Programme
昀椀nancial education – a signi昀椀cant drop
(ELP), both set up to equip pupils with
from last year (15%).
essential life skills.
The development of a cross-curricular
• Mortgages, pension, loans/credit cards,
budgeting and taxes were the top 昀椀ve
approach across Key Stages 1-3 has been
topics that young people wanted to
an important initiative for the College over
know more about.
the last year. Prep School Teaching and
Learning Co-ordinator, Lucy Manning
Furthermore, last year economics was
has been instrumental, along with Section
ranked as one of the top 10 most popular
and Department Heads, in initiating this
A-level subjects in the UK with more
change.
than 39,000 entries for 2023 – an
increase of 7.3% compared to 2022,
Mrs Manning commented: “A cross-
according to a report by i newspaper.
curricular approach to education o昀昀ers
These statistics demonstrate not only
pupils a multifaceted and enriching
the lack of current knowledge held by
learning experience. By integrating
young adults when it comes to managing
di昀昀erent subject areas, pupils can connect
昀椀nances, but also the demand from pupils
knowledge and skills across disciplines,
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