MARYMOUNT College students proved their business knowledge and skills when they received first place in a state government business competition.
The Buy Smart competition is a Queensland Government initiative to increase students' knowledge and understanding of financial literacy and consumer issues.
Marymount College business studies teacher Deborah Caughley said five year nine students travelled to Brisbane as finalists in the State Government's Buy Smart competition on October 21.
Ms Caughley said year nine students Kate Coombes, Bridie O'Toole and Maddy Sholl were awarded first prize of $500 for their DVD entry on impulse buying and credit card fraud in the year eight to nine category of the competition and the school was awarded $1500 by Minister for Fair Trading Peter Lawlor.
Ms Caughley said year nine students Shye Noy and Clair Jackson recorded an original song on the theme of shopping wisely and were awarded a highly commended award in the same category.
“The 2009 theme of Financial Literacy married perfectly with their unit of work on consumerism and helped students learn about banking and saving, budgeting, credit and spending wisely,” Ms Caughley said.
“Students were required to research a financial literacy or consumer fair trading issue and develop a presentation to share their research with their peers.”
Ms Caughley said although business studies education struggled to find a valued place in most school's curriculum Marymount College had a very strong business department.
She said the Buy Smart Competition forms a part of the curriculum in term three.
“They have fabulous resources and an awesome website to get the kids motivated to get into the real issues.”
“We teach the essential learnings of these issues and then the students research further into one or two of their choice and present their findings in a creative way to their peers.
“It is this assessment that forms the entry into the Buy Smart Competition.”
Ms Caughley said parental support was vital with time and effort put into this extra assessment for their children.
“The students were very enthusiastic about the whole thing and I think it was because it was about issues that concerned them.”