Liverpool sixth formers will learn about bonds, derivatives and asset-backed securities as part of a new diploma being launched in Liverpool.
It will enable them to qualify for more than 20,000 financial services jobs which Michael Heseltine and Terry Leahy have said are on their way to the city.
Students will also find out about the importance of ethics and integrity and the causes of the global financial crisis and the problems in the Eurozone, Liverpool City Council has announced.
It will sign an agreement with the Chartered Institute of Securities and Investment this week to enable over 16s to study for a Diploma in Finance, Risk and Investment.
HezzaAn economic report on the Liverpool City Region by the former Minister for Merseyside and ex Tesco chief in 2011 estimated that an additional 22,000 jobs will be created in the professional services industry over the next decade.
The idea is that the industry and university recognised qualification will give young people a competitive advantage when looking for work in the financial services industry.
Councillor Jane Corbett, Cabinet Member for education and children’s services, said: “This is a really important new qualification which will be offered to our young people, giving them a chance to develop a real knowledge and understanding of the world of finance.
“This qualification will give our students a competitive advantage when they are looking for job and training opportunities in the wealth management and financial services sector.
“It is also really important that our young people understand the importance of responsible finance and how investment and wealth institutions impact on our everyday lives.”
TezzaArchbishop Beck Catholic College in Walton will be the ‘hub’ for the professional qualification on behalf of schools across the city from September 2013.
Work will also take place to promote a greater understanding of finance and money and the impact and role it has in society.
The scheme is a partnership between CISI, the city council, the Liverpool Learning Partnership and Archbishop Beck Catholic College, supported by Liverpool Vision.
