South Dakota Stock Market Game announces top teams for the fall trading season

Author: BHSU Communications/Thursday, December 18, 2014/Categories: 2014

The winner of the College division was Black Hills State University student Brenda Moore, business administration and human resources management major from Rapid City, with a final portfolio of $130,825. Moore participated in the program as part of her Advanced Accounting course requirement. Moore's return on investment of 30.8 percent was impressive considering that the blue chip Standard & Poor's 500 stock market index was up only 1.6 percent during this same period of time.

The fall session of the South Dakota Stock Market Game (SDSMG) concluded its 10-week trading session on Dec. 12.  More than 400 students from 19 South Dakota schools and one school in Wyoming formed 192 teams of stock market investors and received a hypothetical $100,000 to perform online investing in real-time stocks, bonds and mutual funds.  

The program's carefully integrated curriculum lets students experience the financial markets in the classroom as they learn about business, math, economics, personal finance and the importance of saving and investing for the long term.  Student teams compete for prizes in the High School, Middle School and College divisions.

The winner of the High School Division was Upton High School in Wyoming with a final portfolio value of $118,031.  Teacher Karla Ludemann used the program in her accounting class. The largest division was the High School division with 136 teams.

The winner of the Middle School division was Northwestern Middle School in Mellette with a final portfolio of $107,623.  Teacher Shelley Fischbach used the program in her seventh grade math class.

The Spring 2015 SDSMG session starts on Monday, Feb. 9.  Registration begins on Jan. 2.  To register, go to http://www.stockmarketgame.org.

The BHSU Center for Economic Education has an exclusive license to operate the program in South Dakota with the Securities Industry Financial Markets Association (SIFMA).  The SMG program is widely identified as the leader in youth financial education and the only program proven in rigorous, independent studies year-after-year to raise math and financial literacy test scores and to change financial behavior for the better for students and teachers.  Over 600,000 students from all 50 states participate each year.  The SMG program includes InvestWrite, a national essay competition that is the culminating SMG activity. Students are challenged to think critically about real-world financial issues by preparing essays about long-term saving and investing. Winners receive a paid trip to New York City and a visit to the New York Stock Exchange.  

The SDSMG is sponsored by the BHSU Center for Economic Education, the Securities Industry Financial Markets Association (SIFMA) and the South Dakota Council on Economic Education. The BHSU Center for Economic Education is affiliated with the National Council on Economic Education and provides economic and personal finance programs for South Dakota middle school, high school and college students.  The South Dakota Council on Economic Education oversees two Centers for Economic Education in the state: BHSU in Spearfish and the University of South Dakota in Vermillion.

For more information, contact Professor Don Altmyer, BHSU Center for Economic Education Director and SDSMG Coordinator at donaltmyer@BHSU.edu
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