The ifs has launched its student investor challenge, which gives students the chance to invest a fantasy £100,000 in the stock market over a three-month period.
The challenge, sponsored by Deutsche Bank and Foreign & Colonial Investment Trust, aims to help students to manage their own finances by giving them an insight into stock markets, savings and investments.
It is open to teams of four students aged between 14 and 19 and the prize is a trip to New York and £2,000 for the students’ school.
It is free to enter and typically attracts about 30,000 participants each year.
The regional finals, involving a business quiz, will be followed by a national final in which the top eight teams will compete.
ifs School of Finance head of financial capability Rod McKee says: “The educational benefits speak for themselves. The challenge develops a wide range of useful life skills in a practical, challenging and enjoyable setting.
“The feedback received from both students and teachers alike is consistently positive as you would expect from a challenge that continues to attract tens of thousands of entries each year.
“We look forward to receiving registrations from thousands of teenagers from across the UK again this year.”