+ The Little Bankers Olympics is a financial literacy contest addressed to the elementary school pupils + More than 4,000 pupils from 62 towns from across the country competed in the third edition of the competition
MasterCard supported the third edition of the Little Bankers Olympics, which was attended by more than 4,000 pupils from all around the country. Furthermore, MasterCard awarded a special prize – The most innovative educational project, during the awards ceremony on Friday, May 6. The Little Bankers Olympics is a competition which aims to assess the pupils’ knowledge on financial literacy, an auxiliary class in primary schools. During the three years since this optional subject was introduced in schools, more than 112,000 elementary school pupils from nearly all the country’s counties benefited of financial literacy courses.
The third edition of the Little Bankers Olympics started at the beginning of March, when pupils from 26 counties and Bucharest took a written exam in order to verify their financial literacy knowledges. Following this first test, the top three highest scoring pupils from each of the 75 attending schools were admitted in the next stage of the competition, where they had to test their creativity by using layouts, photos, drawings, collages, etc. in order to develop their own financial literacy projects.
The most interesting 120 projects were selected to attend the final stage, organized on Friday, May 6, consisting in a written exam, required in order to select 15 winners who were awarded during the award ceremony, which took place at the National Bank of Romania.
“The financial literacy plays an essential role for MasterCard, and for this reason we have always been actively involved in related projects. It is the second consecutive year when we award the prize for innovation, a topic very closed to MasterCard’s values and strategy. We have eagerly waited to see what the children had prepared this time around, following the last year’s edition of the contest, and we are very proud to see that tomorrow’s adults have already secured the necessary knowledge, thus giving us hopes regarding the development of a conscious, educated and better informed attitude” stated Cosmin Vladimirescu, General Manager for Romania, MasterCard.