BPFI launches registration for Irish finals of Europe’s largest financial education competition involving 28 countries
Students across Ireland set to go head-to-head in the Irish live online finals on March 14th
06 February 2023 –Banking & Payments Federation Ireland (BPFI) with the support of the Business Studies Teacher’s Association of Ireland (BSTAI) have today launched registration for the Irish finals of the 2023 European Money Quiz, Europe’s largest financial education competition for 13 to 15-year-old students involving 28 countries.
Teachers across Ireland are now invited to register their students to take part in the Irish leg of the quiz which will see classrooms up and down the country go head-to-head in the live online final at 12 noon, Tuesday 14th March. Playing in teams of two, students will compete directly against each other in real time using the Kahoot! learning platform. Tested on a series of financial education related questions, the winning team will be flown to Brussels in May to take on students from over 25 other European countries for a chance to be crowned European Champions and share in a prize fund of €5000 for their school. The European finals event, which takes place over two days, will return for the first time in two years following a break due to Covid-19.
Since the inauguration of the quiz in 2018 Ireland has performed exceptionally securing a podium spot in the top three European teams on three occasions. In 2022 two students from Gaelcholáiste na Mara, Co Wicklow took third place in the European final beating teams from 28 other counties. In total last year’s quiz attracted more than 50,000 students across Europe
Brian Hayes Chief Executive of BPFI stated: “This is a really important event on our calendar every year that encourages young people to think about money and finance from both a personal and business perspective. The real-time competition brings a bit of fun and excitement to the classroom and every year we see over a thousand students sign up to compete.”
“We are delighted that this year we will be sponsoring the winners to go to Brussels to take part in the European finals in May. Brussels is at the heart of business and financial services in Europe and it is a great opportunity for students to experience the city, hear from some of Europe’s top financial experts and meet other students from across Europe.”
Margaret McDonnell, representative of BSTAI added: “The European Money Quiz has been a huge success in schools over the past few years. Understanding and learning about money and finance is really important for young people and I would strongly encourage teachers across Ireland to sign up and get their students participating. It is not only for students doing business studies – anyone between 13-15 years of age can take part.”
The European Money Quiz is part of European Money Week (EMW), a joint initiative between the European Banking Federation and 30 banking associations across Europe – including BPFI, which aims to boost financial literacy levels and raise awareness on the benefits of financial education.
Further details and registration are available on the BPFI website at bpfi.ie/European-money-quiz.
Note: Banking & Payments Federation Ireland (BPFI) represents the banking, payments and fintech sector in Ireland. Together with its affiliates, the Federation of International Banks in Ireland, and the Fintech & Payments Association of Ireland, BPFI has over 125 member institutions and associates, including licensed domestic and foreign banks and institutions operating in the financial marketplace here.
Photo: Evan McCabe, Mekides Church, Isabel Hoban and Daniel Corcoran, 3rd year students at St. Colmcille’s Community School, Knocklyon, Dublin who will be taking part in this year’s European Money Quiz.