'Entrepreneurship Day' Another Great Event

Grade 3 students test out their business skillsEntrepreneurship day at the Junior School was a great success. The event was held on Thursday, 28 January 2016.

COMMITMENT, ENTHUSIASM and CREATIVITY may seem like big words, but these were some of the traits that we saw in students as we prepared for the big day. The young entrepreneurs displayed their businesses that included selling popcorn, bookmarks, envelopes, lemonade, homemade chocolates, pens and stickers, a head and shoulder massage, chocolate dip (marshmallows and jujubes), pav bhaji and a photo booth. All the stalls were sold out and made a profit.

Through this unit, the students of grade 3 learned about the basics of different businesses. They discovered the importance of teamwork and planning. The event also ignited the entrepreneurial spirit in the students.

SURVEY: It all started with a survey that the grade 3 students conducted at the Junior School to determine the demand level of different products, including both goods and services. Once they collected the data, they represented the data using a bar graph. Interpretation of the data enabled the students to understand the demand levels of various products.

MONEY: In teams, students prepared business plans and polished their presentations in order to get a business loan from Ms. Latha (Banker).

PROCURING RAW MATERIALS: After procuring the loan and finalising the list of products the students wanted to sell, it was time for some shopping. A few students, along with some teachers, visited the wholesale market to buy the raw materials to start production. Quality check, packaging, advertising and promotion were a few of the business elements that the students were introduced to.

We are glad that the students enjoyed the entire learning process and are sure this will be one unit the grade 3 students will never forget.