Top 10 Reasons to Play The Stock Market Game™ Educating for Careers Conference March 2013

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Top 10 Reasons to Play The Stock Market Game™ Educating for Careers Conference March 2013 Maria Suggett, SIFMA Foundation for Investor Education

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Top 10 Reasons to Play The Stock Market Game™ Educating for Careers Conference March 2013 Maria Suggett, SIFMA Foundation for Investor Education. Over 35 Years of Service. 14+ million students since 1977 worldwide. 830,000+ students 2011-2012 (48% high school). - PowerPoint PPT Presentation

Transcript of Top 10 Reasons to Play The Stock Market Game™ Educating for Careers Conference March 2013

Page 1: Top 10 Reasons to Play The Stock Market Game™ Educating for Careers Conference March 2013

Top 10 Reasons to Play

The Stock Market Game™

Educating for Careers ConferenceMarch 2013

Maria Suggett, SIFMA Foundation for Investor Education

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14+ million students since 1977 worldwide.

830,000+ students 2011-2012 (48% high school).

189,305 student portfolios 2011-2012.

21,450 teachers.

A meaningful and integrated way to build valuable saving and investing knowledge and skills.

An opportunity to practice core academic skills through an interdisciplinary project.

Over 35 Years of Service

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Our Mission

The Stock Market Game is a comprehensive, engaging, real world

program that advances student academic achievement in the core

disciplines and enhances understanding of investment concepts

among learners of all ages.

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How Does It Work?Stock Market Game Basics

• Students teams invest a virtual $100,000 in stocks, bonds and mutual funds

• Trading windows are generally 10-15 weeks

• Stock prices are “real time” pricing• Portfolio cash accrues 5% interest• 1% commission on all transactions• Teams are ranked against the S&P500

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You need to know this stuff, too!

10.

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Did you know?

• Students entering college are offered an average of eight credit cards the first week of school

• University administrators state they lose more students to credit card debt than to academic failure

-JumpStart

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Did you know?• Approximately 40,000,000 Americans, “the unbanked”, are not using mainstream, insured financial institutions. JumpStart

• 48% of credit card owners only pay their minimum monthly payment each. JumpStart

• Roughly 38 percent of Americans live paycheck-to-paycheck, while just 30 percent are economically comfortable. (MoneyWatch July 2012)

• 66 percent don't expect to have enough money to retire at age 65, versus 50 percent in 1997. (MoneyWatch July 2012)

• 52 percent think investing is complicated. (MoneyWatch July 2012)

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9.It works.

And here’s how we know.

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Jump$tart 2008 ResultsFinancial Literacy Survey

48%51%

National HS Average with SMGNational HS

Average

62%66%

National College Average

National College Average with SMG

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National Assessment of Educational Progress

• Established by Congress in 1969

• Defined economic literacy

• Studied content delivery

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Comparison by Ethnicity

120

125

130

135

140

145

150

155

160

165

170

White SMG white Black SMG black Hispanic SMghispanic

NAEP Data by Ethnicity

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Title I Test Results

126

128

130

132

134

136

138

140

142

Scale Score Scale Score With SMG

NAEP Economic Test Results for Title I Student Population

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Results by Full Year Courses

120

130

140

150

160

170

180

SMG AP Business Consumereco

General Eco Gov't /Eco Honors IB Other

NAEP Results, Full Year Courses

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Bottom Line

Students who played a stock market game outperformed the national average overall and in

every category measured, except a full year of IB economics.

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8.It’s relevant.

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Res

ourc

es fo

r Y

ou a

nd

You

r S

tude

nts

Stock Market Game Resources• CORE Lessons• Other Publications (curriculum) • Miscellaneous Teacher Resource Center materials

Current Events• Local Newspapers• Online news sources • Television news sources

Online News and Research Sites• Hoovers.com• Yahoo! Finance (finance.yahoo.com)• CBS Marketwatch (cbsmarketwatch.com)• Business Week (www.businessweek.com/investor)

Stock Exchange Websites• nasdaq.com• nyse.com• amex.com

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Why Does SMG Work?

It is 21st Century Learning at its best:• Project-based• Collaborative, 24/7, learning elsewhere• Technology helps students push out boundaries• Kids solving problems, working together• Classroom walls span the globe• Shift of control from teacher at center to a network of children

helping one another learn• Students learning to learn• Each learner contributes by doing their share, that contributes to

confidence

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7.We have curriculum.

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Teacher Support Center

Organized in three parts to provide:• Online teacher training and technical

assistance

• Lesson plans and teaching resources

• Team management tools

• Up-to-date SMG program news

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6.There’s help if you

need it.

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Understanding SMG

Weekly Webinars with Basic Information about:

• Getting started

• Grouping students in teams

• Setting up folders

• Rules of the game

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Manage Student Portfolios

• View rankings and portfolios

• Change passwords

• Troubleshooting

• Help Desk

• Participation Certificates

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5.The Stock Market

Game program supports your

curriculum.

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Lesson Design

• Teacher Background• Vocabulary• Performance Objectives• Materials• Springboard • Leveled activities• Assessment• Application • Enrichment

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4.You can finally get the Math teacher to

join your team.

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The SMG Teacher Team

• Subject specific teaching

• Parallel teaching: dividing up the project

• Team teaching: working across the curriculum

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Working with the Math Teacher“Math Behind the Market”

• A McGraw-Hill sponsored publication designed to practice mathematics concepts and skills.

• Activities organized in strands, linked to core lessons.

• Four mathematical strands:– Thinking Algebraically– Interpreting Statistics– Communicating Quantities Information– Tackling Complex Problems

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SMG’s “Math Behind the Market” Strands

Thinking Algebraically

Interpreting Statistics

Communicating Quantitatively

Solving Complex Problems

“Math Behind the Market” provides activities for each strand above

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8 Mathematical Standards of Practice (Common Core)

• Make sense of problems and persevere in solving them• Reason abstractly and quantitatively• Construct viable arguments and critique the reasoning of

others• Model with Math• Use appropriate tools strategically• Attend to precision• Look for and make use of structure• Look for and express regularity in repeated

reasoning

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Questioning and Tasks in Mathematics (Common Core)

• Helping students work together to make sense of mathematics

• Helping students to rely more on themselves to determine whether something is mathematically correct

• Helping students learn to reason mathematically• Helping students learn to conjecture, invent, and solve

problems• Helping students connect mathematics, its ideas, and

its applications to the real world

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Connecting SMG Lessons 1-3 to the Common Core Content

StandardsSome Key Categories in High School:

•Number and Quantity-Reason quantitatively and use units to solve problems

•Algebra-Seeing and interpreting structure in expressionsCreating, solving and reasoning with equations and inequalities

•Functions-Construct, compare and interpret expressions for functions in terms of the situation they model

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Connecting SMG Lessons 1-3 to the Common Core Content

StandardsSome Key Categories in High School:

•Statistics and Probability-Interpreting categorical and quantitative data

Making inferences and justifying conclusions

Conditional probability and the rules of probability

Using probability to make decisions

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3.Students are eligible

for great prizes (teachers, too!).

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2.

Because there’s one game left this year.

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Ultimate Game

March 18 – May 24

Register Now!!

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1.

You will be

superheroes.

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Academy Team

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New After School Version! March 18 – May 24

http://afterschool.smgww.org

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Questions & Answers

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Register at www.stockmarketgame.org

Maria [email protected]