posted on September 07, 2012 09:31
Teachers may now register for the Fall 2012 session of the South Dakota Stock Market Game Program (SDSMG), sponsored in part by Black Hills State University. The program begins Monday, Oct. 1 and ends its 10-week trading period Friday, Dec. 7.
The SDSMG is a real-time online stock market simulation where teams of students research and purchase a portfolio of stocks and compete for prizes in the middle school, high school, and college divisions.
According to Don Altmyer, BHSU professor of accounting and SDSMG coordinator, students participating in the program learn more effectively as they see how their classroom lessons apply to the real world. Teachers have found the program boosts student motivation and attendance. The South Dakota Board of Education has mandated an economics or personal finance course as a state high school graduation requirement, and the SDSMG program provides teachers with lesson plans by subject and grade level that correlate to national content standards in economics and personal finance.
To register, go to www.stockmarketgame.org, click on Register Now, select USA and South Dakota, and select the Oct. 1 to Dec. 7 trading session. A series of free web-based teacher-training workshops will be conducted for registered teachers before the game starts. There is a $10 team registration fee for teams of 2-3 students. The registration fee includes access to online 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 on long-term saving and investing. The top essays receive a free trip to New York City and the New York Stock Exchange for the team and teacher.
The Black Hills State University Center for Economic Education (CEE) has an exclusive license to operate the program in South Dakota with the Securities Industry Financial Markets Association (SIFMA). This SMG program is consistently identified as the leader in youth financial education and the only program proven in rigorous, independent studies year-after-year to raise math test scores, economics test scores and personal finance test scores, and to change financial behavior for the better for students and teachers. Nationwide, over 600,000 students from all 50 states participate each year. Last year in South Dakota, over 1,000 students from 46 schools participated.
The South Dakota Stock Market Game is sponsored by the BHSU CEE, SIFMA, and the South Dakota Council on Economic Education.
For more information on the program or the webinars, contact Altmyer at Don.Altmyer@BHSU.edu or 605-642-6266.