Wcib Essay Competition

The Master awarded the overall winner’s prize to Lyna Nguyen at the Awards Ceremony held on December 6th 2016.  Lyna is in Year 12 at the Addey and Stanhope Secondary School in Deptford, SE London and is currently studying maths, economics and business for her A-levels and her ambition is to go to university to study business studies and accounting.  Lyna said that the Awards Ceremony had been a real ‘eye-opener’ for her as it was the first time she had been in such an impressive business environment although she has been on workshops organized by Brokerage Citylink at RBS and Allen and Overy.

There were 3 overall runners up: Daniel Woode (Bridge Academy), Bartlomiej Staniszewski (London Academy of Excellence), Zhuohua Tang (Woolwich Polytechnic school).

This year’s Competition required entrants to write 1500 words on “The only way the UK economy will keep growing in the future is by embracing immigration”. Sixteen schools participated with nearly 130 entries. Some students built their arguments around their own experience of being from immigrant families.  You can read Lyna's winning essay here: Addey and Stanhope winning essay.

Altogether 137 students from 16 state schools in London took part in the competition which is organized every year by Brokerage Citylink and funded by WCIB.  The winners, runners up and schools received between them nearly £5000 in prize money from the WCIB.

The Awards Ceremony was hosted by Liveryman Gerald Walker of ING in their new offices on Moorgate. Court Assistant Jean Stevenson, Chairman of the Charity and Education Committee, thanked Gerald and ING for their generosity in hosting the event. Gerald described ING’s business model and tradition of hard work and customer service, and his own career path. The Master thanked the Brokerage Citylink for its part in making this Competition so successful and described his own career path as an example before handing out certificates and prizes to all the winners and runners-up.

A Level Business student Andrew Lam attended an awards ceremony in the City after being named a winner in the 10th annual Worshipful Company of International Bankers Essay Competition.

Andrew, who is also studying A Level Economics and A Level Accounting, was presented with £100 at the ceremony held at the headquarters of ING Bank in Moorgate.

He had the chance to network with financiers, CEOs, bankers and entrepreneurs and left the evening presentation with an offer of work experience with accountants at a grant and funding charity based in London Bridge!

The competition asked students from 25 school sixth forms and colleges across London to write a 1,500-word magazine article discussing the topic: ‘Cashless payments are now commonplace. Is this, and other developments in FinTech, fundamentally changing the provision of traditional financial services?’

Andrew wrote about the progress of technology and online banking and considered whether notes and coins will eventually die out and become non-existent.

He said: “I entered the competition because I saw it as a way to develop my essay writing skills which will help me in my A Levels. I did a lot of research about online banking and the technology which is being developed, not just in the UK but internationally as well.

“The best part about winning was not actually the £100, but the chance to network with so many people in the banking industry at the ceremony. I found that really useful, talking to them and finding out about the opportunities available after college. I was even offered work experience there and then which will help me so much with my future plans.”

Two other Havering Sixth Form College students, Jimmy Kidjana and Caroline Enaw, received certificates from the WCIB for their essay entries and were given £25 Amazon vouchers by The CUBE – the College’s careers department.

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