BRIDGETOWN, Barbados – Barbados has launched a new initiative aimed at equipping students with essential life skills, such as saving, budgeting, and investing. It is designed to immerse students in the dynamics of the financial world, through a simulated stock market.
The Ministry of Education, Technological and Vocational Training (METVT) said the WizdomCRM Sustainable Stock Market Game Platform, has been rolled out during the first term of this academic year.
It described the initiative as a cutting-edge platform that leverages Artificial Intelligence (AI) and gamification to equip students with essential life skills, such as saving, budgeting, and investing. It is designed to immerse students in the dynamics of the financial world, through a simulated stock market environment powered by AI.
Using a virtual portfolio of US$25,000, each student involved in this programme will learn how to invest in both regional and international stock exchanges, while gaining hands-on experience in financial literacy, guided by an animated AI tutor, “Mr. Rabbit”.
The ministry said that this financial literacy initiative is jointly sponsored by WizdomCRM and the ANSA McAL Group of Companies, and aims to positively impact the lives of 1,000 secondary school students over the next four months.
Simultaneously, students in Guyana and Trinidad and Tobago will participate. It will also feature a competitive element with regional winners.
