1. GOOD PRACTICE VIRTUAL COMPANY Project meeting Bucharest, 24-28.04.2013 High Vocational School of Transport - Razlog, Bulgaria

2. 1.Title & School Virtual company: EUROBANK (Simulation “Banks in Action”) High Vocational School of Transport - Razlog, Bulgaria

3. 2. Brief Summery – what students do Students registered a virtual company –a bank. They chose the name – EUROBANK. They operate the bank. They follow experts’ advice. They compete others on the market. High Vocational School of Transport - Razlog, Bulgaria

4. 3. Brief Summery – 8 sessions: 1.The building blocks of banking 2.The spread 3. Decide on short-term products 4. Long-term opportunity 5. Decide on long-term products 6. Spend money to make money 7. Behind the scenes 8. The competition- bank of choice High Vocational School of Transport - Razlog, Bulgaria

5. 4. Target Group Students from 11 th grade Specialty accountancy – “Operational accountant” Teachers who teach ‘economics’ High Vocational School of Transport - Razlog, Bulgaria

6. 5. Main aims and objectives Students - to take the responsibility of setting and running a business. Students and teachers- teamwork. The team to benefit from leading financial experts’ experience and advise. To raise entrepreneur spirit and competiveness with students. High Vocational School of Transport - Razlog, Bulgaria

7. 6. Implementation of good practice Students operate with money (virtual). They work as a team. They work with clients (virtual). They practice taking banking decisions. High Vocational School of Transport - Razlog, Bulgaria

8. 7. Results 7. Results Students learn the exciting world of money and finance. They learn to create a winning strategy to best serve their customers. They learn to increase profits by managing the bank assets and liabilities against others competing on the market. Students prepare for real life outside school. High Vocational School of Transport - Razlog, Bulgaria

9. 8. Competiveness A "Bank Performance Index" (BPI) measures success in the program's computer simulation, with each bank's performance based on the following factors: Net ProfitLoan Share Return on AssetsDeposit Share Return on EquityCapital Ration High Vocational School of Transport - Razlog, Bulgaria

10. 9. Competiveness The program Banks in Action is run by Junior Achievement Young Enterprise. Our EUROBANK team takes part in JA-YE Europe Banks in Action Challenge 2013 – a competition with 745 students in 265 teams from 9 countries. Bulgaria is the country with the most participants for 2013 – 153 students in 61 teams. High Vocational School of Transport - Razlog, Bulgaria

11. 10. The team High Vocational School of Transport - Razlog, Bulgaria EUROBANK management team being advised by financial experts. EUROBANK management team showing their current rating in Bulgaria.

12. Thank you for your attention! Emiliya Yordanova Head of school pg_po_tr@yahoo.com +359 747 80147 High Vocational School of Transport - Razlog, Bulgaria