June 4, 2021

Jordan-Small Middle School students excel in national investment program

Jordan-Small Middle School students in Raymond are learning first-hand about the value of long term investing thanks to the SIFMA Foundation’s Stock Market Game, an online academic and life-skills educational program used by hundreds of Maine teachers to boost students’ math, economics, and personal finance knowledge, while also improving their test scores and instilling essential skills for financially independent futures. 

For winning the Stock Market Game, Jordan-Small students will be recognized for their financial prowess and receive awards for their top performing portfolios.  Their teachers and schools will also receive recognition from the SIFMA Foundation.

As part of the game, teams of one to four students begin the simulation with an imaginary investment of $100,000 to trade stocks, bonds, mutual funds and exchange-traded funds on the NYSE and NASDAQ.  Students follow current events and global news impacting the financial markets and place trades in real time online via computer or the SMG smartphone app. 

Students have the ability to participate in socially responsible investing by selecting companies that have been determined to be in alignment with the United Nations' Sustainable Development Goals.  They also compete with peers in their classroom and with teams of other students in schools across the state to increase their portfolio value.

The Stock Market Game™ curricula, lessons, and hands-on student activities combine content knowledge, critical thinking, research and analytical skills in a state-of-the-art real-world simulation. The online Teacher Support Center offers teachers a rich resource of over 1,000 lesson plans that reinforce Maine teaching standards, STEM requirements, and 21 Century Skills.

Through use of the game, the lessons and professional development opportunities for teachers are designed to help students learn the fundamentals of long-term saving and investing. Students enhance their knowledge in core curriculum subjects including math, language arts, economics, and social studies. They also develop life skills such as financial preparedness, teamwork and business knowledge.

“During the 2020-21 school year, The Stock Market Game continues to make learning about the capital markets fun and engaging, drawing students in and enabling them to learn about otherwise complex but important economic concepts such as inflation, price indexes, cycles and trends.  We are proud and thrilled for all of our student teams who reached the top spots in the Maine SMG competition,” said Melanie Mortimer, President of the SIFMA Foundation.

The SIFMA Foundation is pleased to announce the student winners of the Fall, Spring, and Year-long 2020/21 Stock Market Game competitions in Maine. The two top teams with the highest portfolio value or greatest growth against the S&P 500 index receive awards in the elementary, middle and high school categories.

YEAR-LONG 2020/21

SMG SESSION (Sept. 8, 2020 to April 16, 2021)

Elementary       

First Place: Jordan-Small Middle School, Raymond; Jack Fitch, teacher

Second Place: Jordan-Small Middle School, Raymond; Jack Fitch, teacher

Middle School   

First Place: Jordan-Small Middle School, Raymond; Jack Fitch, teacher

SPRING 2021

SMG SESSION (Jan. 25, 2021 to April 16, 2021)

Elementary

First Place: Jordan-Small Middle School, Raymond; Jack Fitch, teacher

FALL 2020

SMG SESSION (Oct. 12, 2020 to Dec. 11, 2020)

Elementary

First Place: Jordan-Small Middle School, Raymond; Jack Fitch, teacher

Second Place: Jordan-Small Middle School, Raymond; Jack Fitch, teacher

Middle School

First Place: Jordan-Small Middle School, Raymond; Jack Fitch, teacher

About the SIFMA Foundation for Investor Education

The SIFMA Foundation is dedicated to fostering knowledge and understanding of the financial markets for individuals of all backgrounds, with a focus on youth. Drawing on the involvement and expertise of educators and the financial industry, the SIFMA Foundation provides financial education programs and tools that strengthen economic opportunities across communities and increase individuals’ access to the benefits of the global marketplace. Notable Foundation programs include The Stock Market Game, which has enabled more than 20 million students to become financially prepared for life, the InvestWrite® national essay competition, the Capitol Hill Challenge, and Invest It Forward®. For more information on the work of the SIFMA Foundation, visit www.sifma.org/foundation.

About SIFMA

SIFMA is the leading trade association for broker-dealers, investment banks and asset managers operating in the U.S. and global capital markets. On behalf of our industry’s nearly 1 million employees, we advocate on legislation, regulation and business policy, affecting retail and institutional investors, equity and fixed income markets and related products and services. We serve as an industry coordinating body to promote fair and orderly markets, informed regulatory compliance, and efficient market operations and resiliency. We also provide a forum for industry policy and professional development. SIFMA, with offices in New York and Washington, D.C., is the U.S. regional member of the Global Financial Markets Association (GFMA). For more information, visit www.sifma.org. <

No comments:

Post a Comment