Finance Career Cluster
Below are the competitive events that come under this cluster on the National DECA level. Always check to see if these are also offered at the Louisiana State CDC as an event.
Accounting Applications Series
Business Finance Series
Finance Operations Research
Financial Literacy Promotion Project
Financial Services Team Decision Making
Personal Financial Literacy (earn the W!SE IBC Credential)
Principles of Finance
Stock Market Game (online only)
Virtual Business Challenge Personal Finance (online only)
The Stock Market Game (for all DECA members in competition)
Participants in the Stock Market Game develop and manage an investment portfolio. Each participating team manages all aspects of the portfolio including stock selection, buying and selling. The goal of the competition is to increase the value of the beginning portfolio.
Virtual Business Challenge Personal Finance
In the VBC Personal Finance track, participants will manage bank accounts, credit and debit cards, bills, credit scores, taxes, insurance and investing. Participants will interpret actions, charts and graphs to make strategic financial decisions and optimize net worth.
NGPF has designed 12 Units on Personal Finance that feature 65 lessons, 200 activities, over 400 curated videos, and much more! Everything from Assessments and Data Crunches to Projects and Case Studies can be found organized into Units at the NGPF site.
Click the art work above to test your Financial Literacy.
Click the Federal Reserve logo to access classroom materials.
STOCK MARKET GAME
Need Help Getting Started?
"A Teacher's Tour of the Teacher Support Center" is now available on the SMG Curriculum Director's channel along with several other recordings that may interest you. To access the SMG Curriculum Director's Channel visit https://vimeo.com/channels/vincentsmg
"A Teacher's Tour of the Teacher Support Center" may also be accessed directly via https://vimeo.com/153580889.
Additional recordings of interest in the SMG Curriculum Director's Channel are:
Sam Stovall's "Investment Outlook 2016: Rates, Recessions, & Elections": https://vimeo.com/146371359
Marsha Master's "The Stock Market Game and the Danielson Framework": https://vimeo.com/112372277
Please contact Elizabeth Reidel, National SMG Director, at 860.308.2494 or firstname.lastname@example.org.
Back to Basics-A History of Wall Street (video)
from MoneyTrack Episode 201 (2007)
A lively overview of the history of Wall Street, the function of the New York Stock and NASDAQ exchanges, the Dow Jones and the cycles of the U.S. economy.
Banzai lets you teach real-world financial literacy, for free. Lesson prep and grading are a cinch because Banzai does the work for you.
Links from the Federal Reserve
As a coalition of many organizations that conduct and support financial education and create, distribute or promote financial education materials and tools, Jump$tart avoids competing with its own partners to deliver educational products and programs. Jump$tart’s strategic role is, instead, to provide resources that complement and enhance the individual and collective work of its partners and to take on activities that advance the financial literacy effort on behalf of all of its partners.
Jump$tart’s online Clearinghouse is the nation’s most comprehensive collection of financial education resources suitable for students in pre-kindergarten through college. All of the resources listing in the Clearinghouse have been reviewed for appropriateness, based on the National Standards in K-12 Personal Finance Education.
The third edition of the National Standards in K-12 Personal Finance Education was developed by the Jump$tart Coalition with a team of academic experts and 50 content reviewers. These voluntary standards can be downloaded from the Jump$tart website.
Between 1997 and 2008, Jump$tart’s Biennial Survey of Financial Literacy Among High School Students was arguably the most notable and most often quoted research on the level of financial knowledge among American youth. The research documented consistently low levels of financial literacy. In 2008, Jump$tart added a survey of college students and in 2010 launched a comprehensive effort to retool the research efforts and update the survey instrument.
Jump$tart developed its “Best Practices” for teachers, authors, publishers, educational consultants, and other to use when developing and/or selecting personal finance educational materials. The second edition, created in 2008, is available online and Jump$tart grants permission to use them freely.
When it comes to understanding what it’s really going to take to live independently as an adult consumer, most young people need a “reality check.” Jump$tart developed this online resource as a quick and easy tool to use alone or to complement a wide variety of existing personal finance curricula.
An important role for Jump$tart, as a coalition, is to connect its partners, state coalitions, and anyone else interested in advancing financial literacy, with relevant reports and information that might aid them in their efforts.
Jump$tart Coalition Resources
Click graphic for links.
My Classroom Economy (MCE) is an established classroom management tool that promotes the understanding of financial literacy concepts through experiential learning. Students “rent” their desks, strive to earn bonuses and avoid fines, participate in auctions, and, in upper grades, make simulated investments in stocks and bonds. The program emphasizes learning to budget and save and demonstrates the value of delayed gratification. Learn more here.
Begin by creating a promotional / marketing plan to encourage teachers to adopt this program within their own classrooms! Be creative and utilize the resources already established on the MCE website.