Ethica -The Ethical Finance Game is an educational board and role-play game.
It lets players assume the roles of bank customers, investment bankers or co-operative business entrepreneurs with money to save, invest and loan. It explores how well their ethical intentions stand up in the world of international finance.
Players visit different banks where they can choose a share investment, cooperative investment or a savings account. Each investment gives the player either a positive or negative financial (Profit), social (People) and environmental (Planet) score. This score is partly dependent on news of the business investments, global economic news and partly based on chance. Needless to say that the most ethical family investor and bank investor win.
The focus on ethical finance education is particularly timely due to the financial banking crisis of 2008, which is still so much in the news, the increasing difficulty that students have in managing their personal finances and debts, as well as the growing range of financial products and services on offer to young people.
Ethica is designed for between 6 and 27 15+ year old students in schools, colleges and universities as well as youth groups. It is particularly relevant to business, finance and economics students but also for the more informal curriculum as part of financial literacy programmes and personal and social education. Susted worked with five other european partners as part of the EU Leonardo project.