The final round of the first All-Ukrainian Financial Literacy Championship for 10th-grade students was held at the National Bank of Ukraine on 21 March.
The All-Ukrainian Financial Literacy Championship is a competition to determine the most resourceful, proactive, and financially literate 10th-grade students from general secondary education institutions. The championship was organized by the non-profit organization Junior Achievement Ukraine in cooperation with the NBU, with nearly 4,500 students from all over the country participating.
During the championship, students had to answer questions about cash hryvnia, budgeting, financial goals and savings, currencies, loans, deposits, insurance, investments, taxes, payment security, consumer protection in financial services, and financial institutions.
In addition to theory tests, students were given exercises close to real-life situations that required them to make informed financial decisions. The students’ abilities to find correlations and interpret financial documents was also put to test.
How the championship was held
The competition consisted of three stages: a school-level competition, a regional competition, and the national final.
- The school-level competition brought together:
- 273 educational institutions
- 331 teachers
- 4,456 students.
- The regional competition brought together 283 winners of the school competitions, each representing their school. The top three winners from each region qualified to compete in the national final.
- The national final brough together 65 finalists from all regions of Ukraine and was held as part of Global Money Week 2025.
Winners of the national final
- First place was taken by Yuliia Lutsiv from Kalush Lyceum No. 10 of the Kalush City Council, Ivano-Frankivsk oblast, under the guidance of teacher Oksana Korokhta.
- Second place was taken Mariana Diulai from Ternopil Classical Lyceum of Ternopil City Council, under the guidance of her teacher Olha Romanyshyn.
- Third place was won Anastasiia Havryliuk from Bohdan Lepky Secondary School No. 14 in Ternopil, under the guidance of teacher Nataliia Paseka.
NBU Governor Andriy Pyshnyy congratulated the participants and emphasized the importance of financial literacy for the future of the country.
“Financial literacy is not just knowledge – it’s a powerful instrument that enables every citizen to make informed financial decisions,” the NBU governor said. “It’s a basic skill that everyone needs in today’s world. Developing this skill from a young age is key to the financial resilience of families and the growth of a strong economy. This championship not only tests knowledge, but also provides a great opportunity for students to learn how to apply it in real-life situations. We’re proud of all the participants, and confident that this experience will serve as a solid foundation for their future financial success.”
Junior Achievement Ukraine and the NBU presented all of the finalists with valuable gifts.
“This first-ever championship is an important step towards building a financially literate nation,” said Yurii Tokarskyi, Head of Junior Achievement Ukraine. “Our goal is to provide young people not only with knowledge but also with practical skills that will help them make informed financial decisions. Participation in the championship is not just a competition, but also an opportunity to gain confidence in financial knowledge and abilities. We’re pleased to see so many Ukrainian students joining in this event.”
The organizers said they plan to hold the championship annually, and they encouraged students and teachers to prepare for future competitions by continuously improving their knowledge. After all, financial literacy is an important step toward a successful future for every young Ukrainian!
As previously reported, Global Money Week 2025, held from 17 to 30 March 2025, is a week-long international awareness campaign promoting financial literacy for children and young people.
As part of this initiative, numerous educational events are held, including three major educational initiatives: the national final of the European Money Quiz, the largest financial quiz in Europe for teenagers aged 13–15; the final of the All-Ukrainian Financial Literacy Championship for 10th-grade students of general secondary schools; and the FinLit Forum, Ukraine’s largest educational financial literacy conference, which is to be held on 27 March 2025.