Results were recently released for the spring 2008 South Dakota Stock Market Game (SDSMG), which is sponsored in part by Black Hills State University.
Over 700 students from 40 South Dakota schools formed more than 300 teams of stock market investors during the 10-week trading period of the spring 2008 SDSMG session. Students working in groups researched various companies and industries and purchased shares online beginning with $100,000 in cyber funds.
BHSU swept the top four places for winning portfolios in the college division. Winners were: first place, Don Altmyer, associate business professor at BHSU, $135,330; second place, April Bachman, junior professional accountancy major from Eagle Butte, $115,877; third place, Terrance Wojtanowicz, senior management information systems major from Rapid City, $114,318; and fourth place, Kayla Finn, sophomore business administration major from Rapid City, $111,528.
First place in the high school division was awarded to Clark High School, advised by Jerome Nesheim, with $142,248. Second place went to Harrisburg High School, advised by Matthew Genrich, with an ending portfolio of $135,338; and third place was awarded to Avon High School, advised by Darlene Hauck, with $132,925. Other winners were; fourth place, Britton-Hecla High School, advised by Jeanette Remily, $127,494; fifth place, Upton High School, advised by Karla Ludemann, $125,401; sixth place, Great Plains Lutheran High School in Watertown, advised by Bert Falak, $124,604; seventh place, Custer High School, advised by Nancy Gausman, $123,153; and eighth place, Sully Buttes High School, advised by Claire Martin, $122,935.
In the middle school division, St. Mary’s Middle School in Dell Rapids, advised by Amanda Geraets took first and second places, with portfolios worth $116,753 and $116,207 respectively.
According to Altmyer, the SDSMG is an innovative education tool that motivates students and supports teachers in building lifelong learning skills. Teachers have successfully used the program to enliven core academic subjects including math, social studies and language arts. Research has shown the SDSMG to be an effective way to teach the importance of savings and investing.
The fall 2008 SDSMG session starts October 1. The BHSU Center for Economic Education will conduct free teacher training workshops prior to the start of the fall session. For more information, contact Altmyer at 642-6266 or DonaldAltmyer@BHSU.edu.