The London Institute of Banking & Finance (LIBF)

Financial Ability Assessment and Challenge

Well-designed online courses to help improve financial thinking

Financial Ability Assessment provided to review and learn in online couses

Stock Simulation to develop ability in risk analysis

Compete in Preliminary Round to qualify for National Final

Up to 56 UCAS Tariff Points Accreditation plus Conditional Admission to Universities

10,000+
Participating students
1+
Participating schools
1 Hour
Online courses
1
UCAS tariff points

Introduction

The London Institute of Banking & Finance (LIBF)

The London Institute of Banking & Finance (LIBF) is to advance banking and finance by providing outstanding education and thinking, tailored to the needs of business, individuals, and society. LIBF provides a balance of experience, insight and thought leadership into today's financial world. And because LIBF has been at the heart of the sector since 1879, it creates connections and build partnerships between people and business that make banking and finance more accessible and understood, and enhance social inclusion through better financial capability.

FINANCIAL ABILITY

Assessment and Challenge

Financial Ability Assessment and Challenge is a combination of financial capability qualification and stock challenge. The qualification is accredited by Office of Qualifications and Examinations Regulation (Ofqual), to focus on lifelong learning; equipping individuals with the knowledge, skills and qualifications to achieve what they want throughout their career and life. In preliminary round, the challenge is separated into junior and senior division.Participants will also have the opportunity to simulate the trading in stock market and act as asset management companies to deal with millions of dollars. The participants compete in Preliminary Round to qualify for the National Round. The preliminary round are divided into 2 parts: Financial Ability Assessment and Stock Exchange Challenge. Those with excellent grades will receive an authoritative financial capability certificates and get access to the LIBF National Round.

Values

Financial Knowledge

Improve on investment and financial thinking

Stock Market Simulation
Develop ability in risk analysis
Finance Management
Beneficial for univerity application in finance-related major
Fund Security
High school version of "CFA Challenge", authoritative certificate

Financial Ability Assessment and Challenge

Development Path

Preliminary Round
Preliminary Round
  • Date:
    Spring Semester:8th April 2023
  • Division: Junior / Senior
  • Format: Individual
  • Consists：
    Financial Ability Assessment
    Stock Exchange Challenge
  • Exam Mode: Online / offline
  • Preparation：Online Courses
    • Learning Hours：48 Hours
    • Content：
        • Unit 1—Your Personal Finance：Money, Sources of money, Storing money safely, Spending and budgeting, Saving and selling, Borrowing, What is insurance, How do we keep our money safe?
        • Unit 2—Money management for your generation：Modern banking, Pay and pay calculations, Types of payment card, The cost of borrowing, Using money abroad, Financial difficulties and their consequences , Financial advice and protection
        • Unit 3—Your future, your career：The financial services industry, Routes into financial careers, Roles and career paths, Planning your career
      *Students will receive the academic material one week in advance
  • Refund Policy：The account for the online courses will be registered for the students after payment. No refund will be given after the course registration is made.

    Competition Content:

    Part 1: Financial Ability Assessment
    • Participants：Junior, senior
    • Language：English
    • Written Test：105 minutes
    • Content：
       Your personal finances: 30 stand-along multiple-choice questions
       Money management for your generation: 35 stand-along multiple-choice questions
       Your future, your career: 35 stand-along multiple-choice questions
    • Grading：One point for each question, no deductions will be made for any incorrect answer
    • Qualification Benchmark : A minimum score of 15 points in Unit 1; 10 points in Unit 2; 10 points in Unit 3
    • LiBF LiFE Certificate: Participants who achieve the qualification benchmarck (Certified by the British Council of qualifications and courses).
    Part 2: Stock Exchange Challenge (junior and senior)
    • Language：English system with stock exchange introduction in Chinese
    • Duation： 240 minutes
    • Content：
       Round 1：Allocation plan for the asset of 100,000 dollars
       Round 2 & 3：2 operation rounds
       Students will have to adjust their investment portfolio according to the simulation Round 4：Live personal behavior analysis report and feedbacks from instructors
    Agenda:
    Time Content
    10:00-11:45 Financail Ability Assessment
    11:45-14:00 Rest
    14:00-14:40 Training on investment
    14:40-15:00 Test round
    15:00-17:45 Four operation rounds
    17:45-18:00 Instructor's conclusion
    *Subject to Change.
    Awards:
    Financial Ability Assessment Stock Exchange Challenge
    High Distinction：Top 10% High Distinction：Top 10%
    Distinction：Top 20% Distinction：Top 20%
    Credit：Top 35% Credit：Top 35%
    Prize Award: Full scores
    LIBF LiFE Certificate:
    Qualifiers to National Round
    *Award winners and LiFE obtainers are qualified for National Round.
National Round
National Round
  • Date：
    July 28th to August 1st 2023
  • Location：Shanghai
  • Format：Individual competition and team competition
  • Participants：Students who have received award in the Preliminary Round. Students need to be in a team of 4 to participate, individual participants will be assigned to a group by the organizing committee.
  • Numbers per team：3-4 Students
  • Registration：Qualifiers will receive an invitation for National Round
  • Language：English

LIBF Financial Ability Assessment and Challenge National Finals will be held as the Special Committee under WYEF, the conference will also have additional sessions such as VIP Business Keynote Speaker, Economic Lecture and special social event, more details please refer to offical website：2023 WYEF

  • Award percentage：50%
  • Content：
Agenda
Morning Afternoon Evening
D1 Registration, Opening Ceremony  Ice Breaking, Rules introduction Preparation Night
D2 Debut of the Gods:
Financial Quiz Bowl		 Myths of Creation:
Financial Case Analysis		 Prophet's advice:
Talent Show
D3 Pandora's Box:
Stock Exchange Challenge I		 The Trojan Horse:
Stock Exchange Challenge II		 Social Night
D4 The New Golden Age:
Financial Ability Assessment		 Battle of Olympus:
Financial Challenge		 Closing Ceremony
*The agenda might be adjusted according to the actual circumstance.
London Championship
London Championship
  • Date：May 2020
  • Location：London
  • Eligibility：Only for high school students. Gold winner is qualified to participate in the London Championship.
  • Language：English
  • Format：Stock market simulation and financial case analysis.
  • Sponsorship：ASDAN China will paid for the qualifiers' conference fees during London Championship (Flight tickets and Visa fees are not included).
Preliminary Round
Preliminary Round
  • Time：10:00 am, 26th April 2020
  • Mode：Online
  • Format：English, Individual
  • Participants：Junior：Age 11-15 Senior：Age 16-18
  • Online Courses：
    · Unit 1 – Your personal finances: 30 mins, 30 stand-along multiple-choice questions
    · Unit 2 – Money management for your generation: 45 mins, 44 stand-along multiple-choice questions
    · Unit 3 – Your future, your career: 30 mins, 26 stand-along multiple-choice questions.
  • Written Test Duration：105 mins
  • Grading：One point for each question, no deductions will be made for any incorrect answer.
  • Qualification Benchmark for National Final：A minimum score of 15 points in Unit 1; 15 points in Unit 2; 10 points in Unit 3.
Awards
  • Prize Award：Full scores
  • High Distinction：Top 10% of students (national grades)
  • Distinction: Top 20% of students (national grades)
  • Credit: Top 35% of students (national grades)
  • LIBF LiFE Qualification (accredited by Ofqual)：Qualifiers for National Final
* Note: Only those who have received the LiFE Certification will be eligible for awards.

Online Learning Platform

Objectives

Financial Knowledge
Finance Management
Fund Security

Key Skills

Budgeting Skill
Communication Skill
Preliminary Budgeting
Comprehension Ability
Data Processing Skill
Information Analysis

MyLIBF Online Courses

  • Learning hours：48 h
  • Content：
  1. Unit 1 - Your personal finance：Money, Sources of money, Storing money safely, Spending and budgeting, Saving and selling, Borrowing, What is insurance, How do we keep our money safe?
  2. Unit 2 - Money management for your generation：Modern banking, Pay and pay calculations, Types of payment card, The cost of borrowing, Using money abroad, Financial difficulties and their consequences , Financial advice and protection.
  3. Unit 3 - Your future, your career：The financial services industry, Routes into financial careers, Roles and career paths, Planning your career.

* You have the chance to watch the learning material repeatedly.

Online Learning Platform

Objectives

Financial Knowledge
Finance Management
Fund Security

Key Skills

Budgeting Skill
Communication Skill
Preliminary Budgeting
Comprehension Ability
Data Processing Skill
Information Analysis

MyLIBF Online Courses

  • Learning hours：48 h
  • Content：
  1. Unit 1 - Your personal finance：Money, Sources of money, Storing money safely, Spending and budgeting, Saving and selling, Borrowing, What is insurance, How do we keep our money safe?
  2. Unit 2 - Money management for your generation：Modern banking, Pay and pay calculations, Types of payment card, The cost of borrowing, Using money abroad, Financial difficulties and their consequences , Financial advice and protection.
  3. Unit 3 - Your future, your career：The financial services industry, Routes into financial careers, Roles and career paths, Planning your career.

* You have the chance to watch the learning material repeatedly.

考点学校

全球金融挑战中国区初赛

华北地区

石家庄外国语学校国际课程中心

青岛盟诺学校

青岛博格思学校

北京市朝阳凯文学校

青岛为明学校国际部

大庆一中剑桥国际中心

华东地区

宁波华茂国际学校

北京外国语大学附属
杭州橄榄树学校

中西地区

重庆外国语学校

武汉英中高级中学

Academic Support

Amplify Trading ( A.T. ) , born in London, UK, provides academic support for the investment sector. A. T. has provided recruitment, staff training for the world's top investment banks, including Morgan Stanley, Standard Chartered Bank, also offers financial teaching and practical experience for top universities in the world.

Xiaoyu Zhang

Amplify Trading China Director
China director of Amplify Trading, with 7 years of experience in international financial market trading and training, has worked as a stock / index derivatives trader in Morgan Stanley's London headquarters.

Exam Centers