What are the deadlines for the competition?

The timeline* for the 2016-17 competition is as follows:

  • Round 1 - online quiz: 5 October to 18 November 2016
  • Round 2 - assignment: 28 November 2016 to 9 February 2017
  • Online presentation by finalist teams: March 2017
  • European award event at the ECB: 5 April 2017 

*The timeline is subject to change.

How do I register for the competition?

Fill in this form.

What happens if I want to participate but my teacher does not?

Unfortunately you will be unable to enter, as the participation of a teacher is a prerequisite for the competition.

Where can we find more information on how to approach the tasks?

This website should provide most of the information you need, but you may also find useful information on the ECB's website.

How can we reach the assignment round?

Out of all the teams which complete the quiz, at least 20 will go through to the next round (the assignment round) based on the highest scores and the fastest completion times. The teams invited to the next round will include at least one team per country participating in the Generation €uro Students’ Award. They will be contacted by e-mail and invited to register for the next round.

How can we prepare for the quiz?

It is recommended to practice using the trial quiz various times prior to registering for the competition and taking the real quiz. The trial quiz can be found on this website: 1) by clicking on "Quiz" or "Try the quiz" if the competition is running; or 2) by clicking on “Take the Trial version of the quiz” if the competition is over. The trial quiz can be always taken regardless of whether round 1 and/or the competition is still ongoing.

How will I know if I have passed the quiz and will go through to the next round?

An e-mail will be sent to the team after the quiz round inviting it to participate in the assignment round.

Can you please explain the students’ task in round 2 (assignment round)?

Students will have to prepare presentations (in a format of their choosing, e.g. attractive PowerPoint slide decks with compelling narratives and visuals) on monetary policy decisions by the ECB’s Governing Council.

Originality will be rewarded and copying and pasting should be avoided. Assignments must not comprise more than 30 slides.

A briefing note will be published on this website prior to the start of the assignment round.

An ECB jury will choose the five best assignments. The five finalist teams will be invited to present their proposals via a digital interface in front of a jury of ECB experts.

Can we ask other classmates to help us with the assignment?

This is up to the teacher(s) in charge. Of course, a lively discussion with other classmates about setting interest rates and the reasons for the decision will always be interesting.

What is the required format for the online presentation?

Presentations by the finalists, which will take place via a digital interface, should be submitted in a format that is communication friendly. They must not exceed 20 minutes in length and all team members (except the teacher) should be equally involved.

What is the purpose of the question and answer session following the online presentation?

The question and answer part of the presentation is as important as the actual presentation itself. The jury will test teams’ understanding and knowledge of monetary policy. Teams may also be asked about current events that may be having an effect on the economy.

Who will assess the assignment and online presentations?

The assignments and online presentations will be assessed by a jury mainly composed of staff from the ECB.

Will the jury know the name of our school when judging the assignment?

No. The jury will only assess the assignment on the basis of the evaluation criteria here below.

Will the jury know the name of our school when judging the online presentation?

Yes, the jury members will know your names and the name of your school when your team gives its presentation. However, the jury will base its judgement solely on the evaluation criteria here below.

What are the criteria for assessing the assignment?

The evaluation criteria are:

  • familiarity with, and accurate use of, expressions and terms related to monetary policy and non-standard monetary policy measures
  • the students' creativity and own research.

The assignment may be marked down if it exceeds 30 slides.

What are the criteria for selecting the winner of the online presentation round?

The evaluation criteria are:

  • familiarity with, and accurate use of, expressions and terms related to monetary policy and non-standard monetary policy measures
  • the structure of the presentation
  • oral presentation skills
  • the level of participation among team members
  • the method used to give the presentation.

When and where will the online presentations take place?

The online presentations will take place in March 2017 (exact date to be confirmed). It will take place via a digital interface. The venue can be chosen by the teams.

Further information on technical requirements will be provided closer to the start of the online presentation round.

What is the European award event?

All winning teams (both the teams that participated in the competitions organised by the national central banks and the winning team that participated in the ECB’s competition) will be invited to the ECB in Frankfurt am Main, Germany, for an award event which will include an award ceremony with President Draghi and the national central bank governors, as well as panel debates on topical matters and a sightseeing programme.

What happens to my personal information?

Personal data such as your name, the name of your school and your e-mail address are used only for the purpose of organising the competition. During the assignment round, the data will not be revealed to the jury. Competitors’ personal information will be handled in accordance with the privacy statement.

If, for some reason, our team has to withdraw from the competition, what do we do?

During the quiz and assignment round you can withdraw at any time without needing to take any action. However, once your team has been selected as a finalist and invited to the online presentation round and you have accepted this invitation, your team leader should inform the contact person at the ECB as soon as possible. The ECB may then decide to invite another team to take part in the final round.

I have a question that is not answered here. Where can I find help?

Please get in touch with your contact person at the ECB

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