The Spanish Chamber of Commerce and Fundación MAPFRE, in collaboration with the Chamber of Cartagena and co-financed by the European Union, have launched the ‘Finexit’ route, an innovative itinerant financial ‘escape room’ that will visit Vocational Training centers in over 100 cities in the coming months to promote financial education. It is expected that more than 5,000 young people will participate.
Through this gamified activity, students learn to interpret a company’s balance sheet or contracts and insurance policies; to exchange currencies and internalize concepts such as the IBAN code or Return on Investment (ROI).
Additionally, they work on other concepts not strictly financial, such as conducting a SWOT analysis or creating a company organizational chart. The route will stop on April 29th at the CIFP Politécnico de Cartagena for the entire day. An event will be held on the mobile unit with the presence of Álvaro Valdés, councilor for Employment, Training, and Hiring of Cartagena; as well as Vicente Fuster, Responsible for the Entrepreneur Program at the Chamber of Cartagena; and Jose Antonio Samper, representative of Fundación MAPFRE in Cartagena.
The initiative, which was launched a year ago to provide students with the necessary tools and knowledge in financial education, will visit 15 autonomous communities. Before visiting Cartagena, it has already traveled to other locations in the Region of Murcia, and on April 30th, it will continue to Mazarrón. In May, it will visit Lorca (on the 5th) and Águilas (on the 6th).
### THE PLOT OF FINEXIT
The escape room immerses students in a ‘spaceship’, where they become specialists in different fields with the mission to rescue Erica Midas from Mars, a character created for the activity who represents a visionary businesswoman and pioneer in various technological fields but has been isolated on the Red Planet for a year.
Students must unravel if the spaceship’s artificial intelligence has taken control. With time and oxygen running out, students must access the spaceship, discover the objective of their mission, and try to achieve it through different tests that focus on teamwork while handling financial concepts.
### BELOW THE EUROPEAN AVERAGE
According to data from the latest PISA report, Spanish 15-year-old students are 12 points below the OECD average in financial literacy and show a deterioration compared to four years ago.
In fact, four out of ten students admit to not having the skills to interpret a bill and a payslip, and only half are familiar with the concept of a pension plan or the role of the Central Bank. Hence the importance of this campaign among Vocational Training students.
FUENTE
