Boom, Bust & Crunch
Boom, Bust & Crunch helps 14-17 year-olds make sense of the 2008 financial crisis and its repercussions, by putting financial services professionals directly into the school classroom.
Many secondary school students have grown up in the aftermath of 'the financial crisis', and will have absorbed the reactions from their family and the media. Yet, this topic is rarely addressed in schools.
That's where we come in.
Boom, Bust & Crunch explores the causes and effects of the global financial crisis and its impact on society, individuals, businesses and government. It is a unique educational programme, created in collaboration with FTI Consulting.
'I most enjoyed seeing that people care about us growing up to work and live in the economy.' Student
By the end of the programme, students have the knowledge, confidence and skills to articulate economic concepts such as debt, credit, loans, unemployment and mortgages.
Students leave the programme feelling equipped to learn, for themselves, where responsibility lies for the financial crash.
We are piloting the programme in four schools, and feedback is excellent: 74 per cent of students say they now have a better understanding of the financial crisis; every single volunteer says they would like to do it again.
How does it work?
'I enjoyed the chance to spend time outside the office with an enthusiastic and intelligent group of young people.' Volunteer,
Skilled volunteers from FTI Consulting work in schools with groups of 4-6 students aged 14-17.
We provide three interactive sessions on the origins, causes and effects of these most recent economic trends, to give students a basic, solid understanding of key terms and concepts so they can make sense of it themselves.
Schools will often use Boom, Bust and Crunch to support citizenship, business or economics classes. But it suits any school situation in which an understanding of economics or of our political system is important, such as to support SMSC (spiritual, moral, social, cultural development).
The volunteers use specially-designed materials. Supported by the volunteers' expertise, these materials inspire lively discussion using headlines from the last 14 years, and follow a number of characters as they progress through the Boom (2000-2008), Bust (2008-2012) and Crunch (2012-present).
At the end of the programme, students demonstrate their depth of understanding by articulating it in the style of a news report.
If your school would like to take part in Boom, Bust & Crunch, or your company would like to volunteer for us through corporate social responsibility, simply email Therri Tait or ring her on 020 7566 5035.Download our leaflet [pdf]