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:
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attract deposits and loan these out to borrowers,
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set interest rates on these funds for short and long
terms,
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decide how much to spend on marketing to attract savers
and borrowers to their particular bank,
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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.
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