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In an effort to bring real-world investing experience into elementary and secondary classrooms, educators in Ontario today have been searching out activities that both engage and immerse students in financial realities. Many teachers are using stock market challenges to assist their students in understanding the principles of investment. A stock market challenge offers a unique technological interface that mimics the Toronto Stock Exchange and allows students to participate in the buying and selling of a variety of investment products.
Classes and schools compete against each other over a period of time stock trading simulator canada both cash and university scholarships are awarded to the individual or group with the highest profitability. Theorists and teachers concur that activities with real-world applications are most effective in helping students to learn and problem solve.
In data gathered by a Washington D. Trotter also agrees that 'edutainment" can drench students and teachers in the 'play' that is a critical element in transformational learning. If you are a teacher in business, guidance, cooperative stock trading simulator canada, family studies or math, think of this activity as an exciting way for both you and your students to become investment savvy.
To introduce the concepts of investing and to outline the process of the stock market game, you will need approximately stock trading simulator canada or 4 class periods. If you are unfamiliar with the market yourself, teacher resources are provided and step-by-step guidance is available.
Once the challenge begins, students will need stock trading simulator canada 20 minutes a week to research their companies and make investment decisions. After stock trading simulator canada key concepts have been taught, the game will run by itself and all of the trades and choices students make for their investment portfolio will be managed within the online program.
This is a tremendous learning experience in the area of personal finance and investment. Along with the many opportunities provided to learn about the market, students will also gain insight and exposure into a variety of associated career opportunities in this industry.
After you have selected a stock market challenge stock trading simulator canada the chart below, the company will send your students a fictional bank account with a fixed amount of money. You will also receive a time line that delineates when the competition begins and when it ends. In most cases, students are given the option to either work alone or in a small group. Accompanying lessons and newspaper programs help to augment learning and many stock market challenge programs offer teacher resource packages.
Some educators who have used these programs in the past believe it is appropriate to tie the results of the competition to a final mark while others use the simulation simply to support their teaching and infuse some healthy competition into the classroom environment.
Examine the following chart and select a stock market challenge that suits the needs stock trading simulator canada you and your students. Nipissing University Investment Challenge.
Junior Achievement Investment Challenge. Free of charge Free lunch Groups of four. Feb This is a full-day simulation at the Toronto Stock Exchange.
The Hamilton Stock trading simulator canada Challenge. Resource activity packages are included. A free newspaper program is also part of the offer. Teacher resources are provided Free copies of the National Post with program. Carlton University Sprott School of Business This competition allows high school students to run their own virtual business while making a variety of senior management decisions for a fictional firm in a fictional industry.
Students work in teams of four stock trading simulator canada compete with classmates at other schools. The object of the game is to make the most money. Business and Life Simulations Computer Based. Go Venture This company offers several business and life simulations on CD. They material enhance training in marketing, entrepreneurship, business, finance, economics, career, family and consumer sciences, and math. When you visit the website, you will find a variety stock trading simulator canada classroom-based competitions for secondary school students.
Competitions run annually in the following areas. Junior Achievement This youth program has many different programs and events for students in both elementary and secondary schools.
In partnership with business and educators, Junior Achievement brings the real world to students, opening their minds to their potential.