The Banking and Finance Academy announces the second Republican Olympiad in financial literacy among the 9-11 grades students of secondary schools, as well students of academic lyceums, vocational schools and undergraduates of higher educational institutions, which will be held in March 2022
The event is co-organized by the National Bank for Foreign Economic Affairs of the Republic of Uzbekistan, the Central Bank of the Republic of Uzbekistan, the Ministry of Public Education of the Republic of Uzbekistan, the Ministry of Higher and Secondary Specialized Education of the Republic of Uzbekistan, the Agency for Youth Affairs and the Youth Union of Uzbekistan.
The Olympiad aims at the implementation of the following main tasks:
increasing financial literacy and popularization of knowledge in the field of finance among young people;
increasing knowledge and stimulating educational and cognitive activities in the banking and financial spheres;
increasing the level of theoretical knowledge and the formation of practical skills in the use of methods of planning budgets and savings, control of their income and expenses;
the formation of a financial culture and the development of skills to comply with financial discipline.
The Republican Olympiad is held in two stages.
The first stage is held in the form of a case-championship, in which teams formed by categories of educational institutions (up to 5 pupils or students in one team) will take part.
The second stage (final) will be attended by members of the teams of prize-winners who took 1-3 places according to the results of the first stage, who will pass individual test trials for the respective categories of participants.
Olympiad tasks will include case tasks (for stage 1) and tests (for stage 2) in the following thematic areas:
personal financial planning;
types of financial products;
simple and compound interest, annuity;
deposits and loans;
analysis and optimization of assets and liabilities;
blockchain, cryptocurrencies and others.
The teams (participants) of the Olympiad independently register on the website of the Banking and Finance Academy of the Republic of Uzbekistan.
Registration of Olympiad participants is will be open from November 11 on the website: https://olimpiada.bfa.uz/
The timing of the first and second stages of the Olympiad will be announced additionally.
All winners of the Olympiad will be awarded certificates and gifts.
In addition, the winners of the Olympiad from among the graduate students of secondary schools, academic lyceums and vocational schools will be eligible for admission to the Banking and Finance Academy on a preferential basis.
We sincerely wish all the teams and participants of the Olympiad perseverance in achieving personal goals and good luck in solving the competition tasks!