Lemont, Illinois—After picking stocks that propelled them to the front of the class, students from St. Alphonsus/St. Patrick School took 1st place in the fall semester of The Stock Market Game program’s online portfolio simulation. The 8th grade winning student team competed in the GRADES 4-8 level in their geographic region, beating out over 190 other teams. Competition between student teams throughout Illinois drew to a close at the end of the fall session with the highest valued portfolios receiving awards.
The winning student team includes Kalle L., Elena D., Sara M., and Grace L. Ms. Burke and her winning team were recognized with medals and award certificates. The Stock Market Game is played weekly by the 8th graders in the Computer Lab and is taught cooperatively by Ms. Burke and Mrs. Yakes. Several teams of students compete in the simulation. The winning student team increased their original $100,000 cash to a final portfolio equity of over $120,000. They outperformed the S & P 500 for the same period.
The Stock Market Game (SMG) program is used in thousands of classrooms nationwide to help teach core academic subjects while emphasizing the importance of long-term saving and investing. Students work together in teams to conduct research, invest their hypothetical $100,000 cash account and manage their portfolio over time. Through their participation, student teams gain practical knowledge about the markets, learning such concepts as risk and diversification. While the students think they’re playing a game, their teachers know they’re learning real-life economic and financial skills that will benefit them for years to come.
Teachers use the SMG program’s online educational resource library as a tool to enhance student engagement with math, language arts, social studies, business, and technology, while integrating investment concepts into their existing curriculum. The cross-curricular lessons and materials address both Illinois and national Common Core State Standards.
Press Release from Econ Illinois