The BEE (Business, Enterprise, Employability) Programme is a series of six 90-minute monthly workshops on money and enterprise, delivered by employee volunteers to primary school children in the classroom.
The first three sessions explore needs and wants, spending and saving, currency, jobs, taxes and banking. In the final three sessions, pupils form mini-companies to design and sell products, before calculating costs and donating their profits to a charity of their choice. In the final session, pupils practice presentation skills and showcase their enterprises through Dragon’s Den style presentations made to volunteer ‘dragons’.
The programme includes a trip to the partner company offices and a visit to the Bank of England Museum.
Session 1 – Making Money Choices
Session 2 – Introducing the World of Work: Jobs and Taxes
Session 3 – Visit to the Bank of England Museum
Session 4 – Retail and Marketing (enterprise task begins)
Session 5 – Managing Money and Selling
Session 6 – Dragon’s Den Presentations and Evaluation
Find a detailed outline of the sessions here.
How it works
Annual participation in the programme requires a nominal company contribution. This contribution will go towards:
- Curriculum-linked and financially up-to-date BEE session learning resources
- Printed materials for each session and on-site/teleconference briefings
- Face-to-face training for new starters on classroom management and age-appropriate delivery
- School recruitment, scheduling and liaison
- Evaluation data collection and reporting
- Materials for children’s enterprise task
- Financial Education Quality mark accreditation for the learning resources
- Assistance in recruiting volunteers
- Troubleshooting and administration
This programme is additionally available to companies and schools beyond the borough of Tower Hamlets.
What is the need?
The link between social mobility and financial capability and employability are well-documented: financial capability and employability skills are fundamental to improving life chances and achieving economic well-being in a young person’s future. The gap in financial capability (attitudes, skills and knowledge) is also well-documented.
Research shows that money habits are generally formed by age 7 yet only 4 in 10 children have learned about money management at school. The All-Party Parliamentary Group on Financial Education for Young People calls for teaching in real-life contexts and that ‘we also need to start younger and recognise the role that primary schools can, and should, play in familiarising children with money concepts in an age appropriate manner. Although financial literacy appears on the primary National Curriculum, it is currently non-statutory.
Teachers often believe in teaching life skills, but lack the confidence in bringing money to life for their pupils, thereby valuing and welcoming the help of BEE volunteers as outside experts.
How to volunteer
This programme requires a team of volunteers from companies. Volunteers are asked to make a minimum commitment to two workshops. The number of volunteers required depends on the size of the school and the availability of volunteers, varying between 10 – 40 volunteers. Unfortunately, we cannot accept individual volunteers.
Volunteers attend an hour-long training session and a briefing before each session, if required. Volunteers do not need to undergo a Disclosure & Barring Service clearance.
To find out more about this programme please contact Avantika Taneja, Project Manager - Financial Literacy on [email protected] or 020 7655 0304.