In second place were four 2nd year Baccalaureate students from the IES Príncipe de Asturias, in Lorca, Murcia; and the third place has been for three young people from 1st year of Baccalaureate of the IES Río Cabe, in Monforte de Lemos, Lugo. For its part, another team of four students from the 2nd Baccalaureate of the IES Príncipe de Asturias, in Lorca, Murcia, has classified in fourth place; and the fifth place has corresponded to four young people from 2nd year of Baccalaureate of the Alminar School, in Dos Hermanas, Seville.
Throughout the day, the participants had to demonstrate their business talent and management skills by having to run their own virtual company using an advanced business management simulator. The winners have won the title by having managed to position their food company with the maximum benefits compared to the rest of the participants and more than 11,000 euros in prizes have been distributed among students and teachers, as well as accrediting diplomas that will serve them for their curriculum and academic future.
The XII national final of Young Business Talents has brought together a total of 346 young people from 79 educational centers throughout Spain -students in the 4th year of ESO, Baccalaureate or intermediate or higher grade training cycles-, who have become authentic managers and have had to analyze and make decisions in real time, on different situations related to the business environment. To do this, they have had to define their business strategy taking the competition into account, demonstrate leadership skills, teamwork, good communication between them and great organizational skills.
“During the final we were able to meet the future businessmen who will lead the companies in our country. The participants have had the opportunity to experience first-hand how day-to-day life is lived within a company and have shown great vision and business skills by carrying out brilliant business strategies with very good results, which could be an example for many real companies in our country. With this educational program, we ensure that young people benefit from new learning tools that allow them to put into practice the theory learned in class in a playful way, while helping them to orient themselves for their academic and professional future”, explains Mario Martínez, director of the Young Business Talents educational program.
This national final puts the finishing touch to a complete educational program that began last November and has had the participation of a total of 10,634 students from 389 educational centers throughout Spain. All the young people have competed virtually from the classroom and with the help of their teachers, overcoming different phases online to get a place in the final.
So that they could participate, a sophisticated business simulator, developed by Praxis MMT, with a value of more than 3,000 euros each, has been provided free of charge to the schools. With this business simulation training program, the opportunity is given to enrich the didactic activity in the classroom through practice and for young people to gain experience in a playful and motivating way.
For more information: www.youngbusinesstalents.com
About ABANCA ( www.abanca.com)
ABANCA is the leading financial entity in the northwest of Spain. It has 677 offices in 11 countries in Europe and America, 6,156 employees and a turnover of more than 106,000 million euros. Its differential proposal combines personal attention with the operation through digital and remote channels. ABANCA bases its activity on knowledge of customer needs and on a catalog of simple, innovative and transparent products and services. Specialization, internationalization and sustainability are other hallmarks of a financial institution that is among the most solvent in the sector in Spain. Since 2015, it has been carrying out an extensive financial education program that includes activities aimed at improving people's financial knowledge, regardless of their age or the stage of life they are in. These initiatives reached more than 130,000 people last year and their collaboration with the Young Business Talents project falls within this framework.
About ESIC (www.esic.edu)
ESIC is a Higher Education institution founded in 1965 that specializes in training in Marketing, Management and Technology, fostering the capacity for innovation and entrepreneurship. Through its areas of activity -Undergraduate, Postgraduate, Corporate Education, Online Training, ESIC Vocational Training Center, Publishing and Languages-, it contributes to the training of people in knowledge, training them with skills and making them aware of values to respond to the current challenges of the business world at all levels. Its centers are located in Madrid, Barcelona, Valencia, Seville, Zaragoza, Malaga, Pamplona, Bilbao, Granada. In addition, it has strategic alliances on all continents.
About Herbalife (www.herbalife.es)
Herbalife is a global company dedicated to changing people's lives with quality nutritional products and a business opportunity for its independent distributors since 1980. The company offers high-quality, science-backed products that are sold in over from 90 countries by independent distributors, who provide personalized training to inspire their customers to adopt a healthier and more active lifestyle. Through its global campaign to end hunger, Herbalife is also committed to bringing nutrition and education to communities around the world.
About Praxis MMT (www.praxismmt.com)
Praxis MMT is one of the world's leading companies in the development of simulators and advanced training methodologies. Praxis MMT develops third generation simulators that accurately emulate markets.
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