Developing skills with the Fiver Challenge

The Fiver Challenges helps young people to build and develop eight key skills:

1. Communication
The ability to listen, write and speak effectively to present and exchange information and ideas in a clear and concise manner.

2. Confidence
The self-motivation and ability to generate and retain strong self-belief in personal skills, capabilities and likelihood of success.

3. Financial capability
The ability to analyse financial information, manage money well, and make informed decisions to plan for successful financial futures.

4. Initiative
The ability to take decisions, evaluate and calculate risks, and do more than is required in the pursuit of successful outcomes.

5. Organisation
The ability to effectively manage tasks, plan and prioritise actions within a time schedule, and set smart goals.

6. Problem solving
The ability to collect and examine information, think creatively, and analyse situations to generate solutions to problems.

7. Resilience
The ability to persist when facing setbacks whilst adjusting to pressure and adapting to changes in varying circumstances.

8. Teamwork
The ability to build team engagement, collaborate, share knowledge and explain ideas to others whilst managing personal feelings.

In addition to skill development, Fiver provides an opportunity for students to gain real world experience.

In 2021:

  • 88% of educators said the Fiver Challenge contributed to their career and enterprise programme for the coming academic year.  
  • 100% of educators said the Fiver Challenge was an engaging and enjoyable experience  

“Seeing the children take ownership of their business and actively make decisions, solve problems and just enjoy the experience. It's lovely to see them handling money and develop critical thinking in such a relevant context. It has added to our curriculum and we can't wait to take part next year.”  

“The best part was when we raised more than we thought we would. It gave a sense that by working together we could accomplish so much more and not to limit ourselves.” Young person 

  • 94% of educators said that the Fiver Challenge supported young people’s learning for a range of academic subjects.
  • 100% of educators said their confidence in delivering enterprise education to young people increased.
  • 88% of educators said their confidence in delivering financial education to young people increased.
  • 93% of educators would absolutely recommend the Fiver Challenge to others working with young people.

“The absolute enthusiasm and commitment of the children involved, and witnessing their interest in Business evolve as the programme progressed. 

“The opportunity for children to be involved in REAL learning and the application of Cross-curricular skills” 

“The children having ownership of their learning as they were completely engaged in the topic throughout.”