Transport Academy

Title
Practices in Promoting Entrepreneurship
Rationale and general information

The history of Transport Academy goes back to the fifties, when the Apprentice School (U.Š.) for the fields of engineering, construction, electrical engineering, trade and services was founded in Žilina. In 1960 the school was divided into two separate entities. In 2009, the school was given its current name – Transport Academy

The aim of the school is to develop natural gifts and strengths such as diligence, creativity and entrepreneurial skills as well as strategic partnership with future employers, non-profit sector, parents and industry partners to promote entrepreneurship and link theoretical education with vocational training so that our graduates are ready to enter the labour market and start their future career with any further difficulties.

The theoretical education and vocational training of future graduates is focused on the labor market requirements in the global world, while having in mind enhancement of competitiveness in the region and in the integrated Europe. The message is to provide young people in Slovakia with superior entrepreneurial, economic and financial education through practical programs that encourage entrepreneurial and economic thinking and offer preventive solutions for the employment of young people.

Timeframe
Starting Date: Wed, 13 Sep 2000
Budget and financing sources

As stated in the employment agreement

The School resources

Junior Achievement Slovakia and their

educational programs

Human resources

5 teachers of the school were specially trained for the actions, currently 2 of them are still active

The activities are supervised by a trained teacher

Activities

To achieve the goals of nurturing an entrepreneurial mind set in VET students and prepare them to the job market, the school implemented a Students Company, Young Leader programme, and Skills for the Future Project.

Students Company

At the beginning of each school years, we open 2 classes (2 fictitious entrepreneurial entities), which compete one against another. The business period starts with the delivery of charter, after the requirements needed for the establishment and running of applied economics students company were met. The established companies simulate the functioning of public limited company. The aim is to enable young people to understand the functioning of the company from its establishment to its liquidation. Students set up their own students company for the period of a school year under the guidance of a teacher and a consultant and run the company the same way as those active on the real market.

Market research production and sale accounting yearly financial report at income tax declaration towards the Commercial register and the tax office are simulated by Junior Achievement Slovakia

several activities undertaken by our students: Easter and Christmas markets, organization of sports tournaments, manufacturing of custom T-shirts on order, students cafeteria etc. 

Young Leader

Young Leader was one of the competitions within the scope of Applied Economics course. Students companies presented annual paper on the issue "What is my personal contribution to the effective management of students company". Successful young leader has to be broad-minded, balanced, creative, communicative, responsible, and able to work effectively with other people and lead a team.

Skills for the Future Project

A leading international automotive company implanted in the region and Junior Achievement - Young Enterprise Europe created a project to promote the education of young people in the fields of science, technology and engineering, particularly the acquisition of business skills for the future employment. The activities consist of participating in innovation and creativity camps, study visits to the manufacturer’s plant, competitions and trade fairs.

Objectives of the project:

  • knowledge of skills necessary for life and work in the automotive industry
  • opportunity to work with employees of Hyundai
  • personal development of students, development of soft skills
  • preparation for further study, the first job experience
  • understanding of the economic principles that affect decision-making in business
  • practical experience in the business

Find out more on the full case study

Partners
  • Slovak Chamber of Commerce and Industry
  • The State Vocational Education Institute
  • National Institute for Education
  • University of Žilina
  • Automotive industries
  • Transport Enterprise of the Town of Žilina (DPMŽ)
  • Junior Achievement Slovakia– Youth for the Future
Success factors
  • qualified teachers with positive attitude towards educational work support of the school management
  • cooperation with Junior Achievement and other entrepreneurial subjects
  • students - their enthusiasm and creativity
Achievements
  • students know how set up a real company, carry out marketing research, plan activities
  • students are responsible, can make decisions and manage a company
  • supervised by consultant and teacher acquires entrepreneurial skills
  • students develop communication skills, are able to validate acquired skills
  • increased self-confidence
  • development of philanthropy through charitable events and fundraising (UNICEF Smile as a Gift, Children of Slovakia Foundation)
Contact
Ivan Palúch, paluch@doaza.edu.sk