The biannual South Dakota Stock Market Game (SMG), a real-time online stock market simulation where teams of students research and purchase stock portfolios, is a perfect example of a program that mixes Common Core standards and STEM (Science, Technology, Engineering and Math) skills, according to Don Altmyer, Black Hills State University professor of business and SDSMG coordinator.
Teachers may now register for the fall 2014 session of the SDSMG game which begins Monday, Oct. 6 and ends its 10-week trading period on Friday, Dec. 12. The game includes middle school, high school and college divisions.
“The SMG program meets the state Common Core standards by using project-based learning that integrates contextual learning and problem solving in real-world saving and investing situations,” Altmyer said.
In math, students improve testing-taking skills by calculating ratios, performing operations with decimals and identifying proportional relationships. In English Language Arts, students interpret complex texts and data, engage in research and write explanatory texts and arguments, he said.
“The program also addresses STEM skills by organizing content into 12 core investment topics and applying a structured approach to problem solving including: defining a problem, generating ideas, exploring possibilities and evaluation of financial information,” Altmyer said noting students also develop a greater understanding of numeration, algebraic equations, and probability and estimation.
To register, go to www.stockmarketgame.org and click on Register Now and select USA and South Dakota and select the Oct. 6 – Dec. 12 trading session.
Free web-based teaching-training workshops will be held for teachers before the game starts.
There is a $10 registration fee per team that includes team-trading screens to research companies, a Teacher Support Center with online lesson plans by grade level and subject, and classroom activities to integrate the program into a variety of subjects.
The top teams receive cash prizes in each division. Students who participate receive free entry into InvestWrite, a national writing competition where students compile online essays on the benefits of long-term saving and investing. The top essays receive a free trip for the team and teacher to New York City and the New York Stock Exchange.
The SMG is presented by the BHSU Center for Economic Education, the South Dakota Council on Economic Education, and the Securities Industry Financial Markets Association. Last year, the SDSMG program had more than 1,000 students participate from 46 schools.
For more information on the program or webinars, contact Altmyer at 605-642-6266 or Don.Altmyer@BHSU.edu