Rod McKee, Head of Financial Capability at the ifs School of Finance, said: "We are very pleased that 39, 500 students are learning about investing in shares by participating in the 2008-9 ifs Student Investor. We were delighted to have narrowly breached the 30,000 mark last year and having almost 40,000 students this year has exceeded all expectations.
It's a particularly interesting time for students to be learning about investing in the stock market, given the Bernie Madoff revelations, tumbling interest rates, retail chaos and banking woes. These events have undoubtedly played a part in seeing unprecedented interest in learning about the stock market."
In addition to learning about investments, the ifs Student Investor develops team working, IT and research skills. Later stages of the challenge also help to develop general financial awareness and skills in presenting.