ifs Young Business Writer of the Year Essay Competition
Winson Tsang from last year’s Year 13 wins a prize in the Royal Economic Society’s essay competition.
At the ceremony
The Royal Economic Society lecture given by Sir Nick Stern was the occasion for the presentation of prizes to the winners of the inaugural RES Young Economist of the Year competition for 2007. Organised by Tutor2u on behalf of the RES, the three winners were introduced by Stephanie Flanders, Economics correspondent of BBC2's Newsnight and their trophies and cheques were presented by Sir Nick Stern ahead of his lecture.
The winning essay was from Zoe Hart, formerly of the Royal Grammar School, Colchester. The two runners up were Winson Tsang from the Royal Grammar School, High Wycombe. And Alec Scragg also from the RGS Colchester. Zoë beat strong competition to win the £1,000 prize with a sharp analysis of the economics of teenage pregnancy in the context of the labour market and benefit system. A team of ten experienced economics teachers met during the summer to read and judge every entry, identifying the shortlisted entries. The final judging process was performed by Stephanie Flanders (Economics Editor, BBC Newsnight) and Charles Bean (Chief Economist, Bank of England) with John Vickers (RES President).
Ifs Young Business Writer of the Year Essay Competition
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- ifs Young Business Writer of the Year is a chance for individual students to prove their journalistic prowess. It is open to any UK student aged between 14 and 19.
- To enter, you'll need to write an article of no more than 1,000 words in the style of a business magazine. Marks will be awarded for good report writing style, and for demonstrating your research, evaluation, analysis, and written argument skills. The winner of the challenge will receive a cheque for £500, 2nd place will receive £150 while 3rd place will receive £75
- The title for this year's article is:
- “Saving for the future – one size fits all?”
- Over 7 million working people are not saving any money for their retirement and a further 5 million are not saving enough to provide themselves with a reasonable retirement income.
- Budding young business writers should think about the various savings options available to the British public. Possible questions to consider when thinking about this issue include: Are the options available sufficient? Are some savings mechanisms better than others? Are some methods of saving more suited to particular types of employee? What should the role of the state be in providing for people's retirement?
- Entries must be received by 29 February 2008. Judging will take place throughout March and the winner will be announced at the beginning of April 2008.
- Make sure that you include your name, the full name and address of your school, your age and the name of a teacher who is supporting your entry.
- Entries should be sent electronically whenever possible.
- Electronic entries must be in either Microsoft Word document format (.doc) or Rich Text Format (.rtf).
- Where possible, please use one of these templates for your entry. Make sure you fill in your details on the first page! TIP: To save a copy of the template on your computer, right-click on the template and choose "Save Target As...".
- Download entry template in Microsoft Word format (.doc)
- Download entry template in Rich Text Format (.rtf)
- Send your entry by email to: ybwy@ifslearning.com
- For those unable to e-mail their entries, type-written hard copies are acceptable. Please download the appropriate template (above), print it off to use as a cover sheet and send your completed entry to:
Tamsin Cheyne
Young Business Writer of the Year Challenge ifs
School of Finance
4-9 Burgate Lane
Canterbury Kent
CT1 2XJ
Best of luck with the Challenge!
