Aspiring female investors from an Ayr school have made it to the last stage in the 16 to 18 year age group of a contest to crown the country’s most promising new business brains.
Schoolgirls from Wellington School are one of eight teams from across Scotland competing for the top spots in junior and senior contests of the Growing Future Assets Investment Competition, which nurtures the next generation of female investment experts.
During the competition youngsters must prove their ability to spot the next big investment opportunity by researching, analyzing and pitching a company they think will be a great long-term prospect.
Pupils from Wellington have selected Tesla as their chosen company to deliver an extended pitch to judges at the beginning of March, with the winners announced on March 2.
Pupils have been mentored by investment management professionals offering advice, inspiration and career insights, and supported by teachers who have gone above and beyond in providing extra-curricular activities.
Linda Munn, head of business studies at Wellington School, said the challenge has been an enjoyable experience for all and the group are delighted to take part in the final.
She said: “It has given the pupils and me a real insight into their chosen company, Tesla, and pushed us outside our comfort zones to gain an understanding of the key financial data which investors would be scrutinizing.
“The guidance and support that the Future Asset team offered via information and downloadable video talks was excellent, guiding us along the way step-by-step.
“Our mentor, Ellie Clarkson, was fantastic as she helped us navigate Tesla’s very complicated financial data and gave us lots of support – we could not have done it without her.”
Mentor Ellie Clarkson, assistant investment manager for Rathbones Investment Management, added: “I am delighted that the girls at Wellington School have made it through to the end of the Growing Future Assets Investment Competition pitching Tesla.
“It was a pleasure to work with the girls in the first round of the competition. They had some great ideas and created a very impressive and well-thought-out presentation and pitch for the judges.
“I have loved being involved in the competition and believe it is a great way to introduce investing at a young age and hopefully inspiring the next generation of female investment talent!”
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If crowned senior champions, the girls will receive £1000 for the team and £200-worth of vouchers of the students’ choice for each team member.
Senior runners-up receive £500 and £100 of vouchers.
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George Holan is chief editor at Plainsmen Post and has articles published in many notable publications in the last decade.