Financial Literacy Video-Essay Competition
As part of its mandate to promote increased financial literacy and awareness, the Central Bank of The Bahamas, in connection with Get Money Smart Bahamas, is launching an annual video essay competition for Bahamian primary and secondary school students. This competition is integrated with the Bank’s efforts to cultivate healthy, lifelong decision making in personal financial matters. The Bank believes that engendering these traits in the youth will stand them in good stead as they transition to adulthood. Repeated global studies have shown that the earlier positive financial management skills are taught, the more effective and long-standing would be their usage on an ongoing basis.
The video essay competition is to encourage independent research on selected financial topics. Students will be challenged to relate the themes to real life context, drawing on personal or national experiences. Their ability to condense and organize larger volumes of information into coherent, persuasive presentations will also be on display.
Topics for 2020 relate to savings and debt. Students are invited to submit a 3 to 5 minutes video essay on the following theme:
“The ways in which we save are less important than how much we save.”
Submissions should explain whether they agree or disagree with the statement. They should feel free to draw upon practical examples from their own experience or the experience of others to support their views.
Video essays must be produced individually.
The deadline for submission of videos is December 4, 2020, and should conform to the submission guidelines below. Prizes will be awarded in three age categories for students in primary, junior high and senior high school. Winning entries will be featured on the Central Bank’s website, its social media sites and used as educational tools on-going financial literacy campaigns.
Contest Eligibility and Guidelines:
Eligible
Local student(s) currently enrolled in primary, junior or senior high-school.
Submission Guidelines:
Prize:
Primary |
Secondary Grades 7-9 |
Senior high Grades 10-12 |
|
First Prize (1) |
$2,500 |
$3,500 |
$4,000 |
Semi-finalists (5) |
$350 |
$400 |
$500 |
Honorable mentions (up to 6) |
$200 |
$250 |
$300 |
Judging criteria
Videos will be judged mainly on the following criteria:
Contest Deadline: Friday December 4th, 2020, 11:59pm.
Completed Submissions should be uploaded to the file share site, which the Bank will announce. More information may be obtained by writing as follows:
Governor’s Office: