The Register Citizen (Torrington, CT)
School teams compete in stock market game competition
BURLINGTON — Several teams of students from Lewis Mills HS competed in the Fall 2017 Connecticut Stock Market Game.
Winners of the competition will be honored for their achievement at the Hartford Courant, in Hartford on Wednesday, May 30.
The Stock Market Game™ curricula, lessons, and hands-on student activities combine content knowledge, critical thinking, research and analytical skills in a state-of-the-art, real-world, online simulation. It provides teachers with curriculum that reinforces Connecticut teaching standards, STEM requirements, and 21 Century Skills, while helping students learn the fundamentals of long-term savings and investing. Students enhance their knowledge in core curriculum subjects including math, language arts, and social studies, and they develop life skills such as financial preparedness, teamwork and business knowledge.
An independent study by Learning Point Associates found that students who participated in the SIFMA Foundation’s Stock Market Game scored significantly higher on mathematics and financial literacy tests than their peers who did not participate. They also found that teachers who taught The Stock Market Game reported that the program motivated them to better plan for their own financial futures. The Stock Market Game has been named the only program that successfully increased scores on the Jumpstart Coalition’s test of high school students’ financial literacy.
Awards will be presented to 4th-12th grade students whose investing strategies earned their hypothetical $100,000 portfolios the greatest returns.
“As we celebrate our 40th Anniversary, the Stock Market Game continues to make learning about the capital markets fun and engaging, drawing students in and enabling them to learn about otherwise complex but important economic concepts such as inflation, price indexes, cycles and trends. We are proud and thrilled for all of our student teams who reached the top spots in the Connecticut SMG competition,” said Melanie Mortimer, President of the SIFMA Foundation. Winners: Elementary: First Place: Norfeldt Elementary School, West Hartford; Second Place: Canton Intermediate School, Canton
Middle School: First Place: Fair Haven School, New Haven; Second Place: Fair Haven School, New Haven
High School: First Place: Lewis S. Mills High School, Burlington; Second Place: Granby Memorial High School, Granby
The SIFMA Foundation is dedicated to fostering knowledge and understanding of the financial markets for individuals of all backgrounds, with a focus on youth. Drawing on the support and expertise of the financial industry, the SIFMA Foundation provides financial education programs and tools that strengthen economic opportunities across communities and increase individuals’ access to the benefits of the global marketplace. Notable Foundation programs include the Stock Market Game, which has served nearly 16 million students since it began in 1977, the InvestWrite national essay competition, www.investwrite.org, the Capitol Hill Challenge, and Invest It Forward, https://investitforward.sifma.org. For more information on the work of the SIFMA Foundation, visit www.sifma.org/foundation.