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Banks in Action

Banks in Action is a simulation of the banking industry. Students learn about interest rates, money supply, asset and liability management, and the time value of money by making decisions in competition with other student "banks". Banks in Action lets students assume the role of bankers and make banking decisions.

Students-bankers must:

  • attract deposits and loan these out to borrowers,

  • set interest rates on these funds for short and long terms,

  • decide how much to spend on marketing to attract savers and borrowers to their particular bank,

  • decide how much to spend on Research and Development to lower the cost of operations.

Classroom Banks in Action is designed to be used on one computer and supports a class of up to ten student teams.

 

Localized Banks in Action is available under contract with Junior Achievement International. Countries with localized distribution receive Banks in Action masters in their local language which they can distribute in their geographical area. Junior Achievement in Argentina, Eastern Europe, and Russia are currently utilizing localized Banks in Action.

 

Coming Up

Regional or National Banks in Action Contests are being developed to be played on the World Wide Web.
International Banks in Action Challenge can be implemented when a worldwide sponsor has been recruited.
 

© JA Macedonia, 2005.