For more information, contact
Sue Owens, Economics Arkansas Executive Director
For Release to Statewide Media
For Immediate Release—May 22, 2013
NORTH LITTLE ROCK HIGH SCHOOL TEACHER AND STUDENTS PLACE 5TH IN NATIONAL STOCK MARKET GAME PROGRAM
Team paired with Senator John Boozman in “Capitol Hill Challenge”
15,000+ students from 669 schools participated in the SIFMA Foundation Competition designed to teach financial literacy and introduce students to fiscal policymaking
Washington—The Securities Industry and Financial Markets Association (SIFMA) and the SIFMA Foundation today congratulated a team of students from North Little Rock High School, North Little Rock School District in Pulaski County, on placing fifth in the national 10th annual SIFMA Foundation Stock Market Game™ – “Capitol Hill Challenge” (CHC). The team, as part of the Top 10 ranking teams, will be recognized at an awards reception in Washington, D.C., on June 19.
The students from North Little Rock High School-West Campus produced a portfolio value of $173,247.85 and a return of over 64 percent. Participating team members include Christian Bryant, Darrion Rash’ad and Alishe’ah Sockwell under the leadership of their teacher, Michael Huels. The student team was paired with Senator John Boozman (R) and staff during this year’s Challenge.
This 14-week competition among teams of high school students organized by Congressional district and state is a special version of the Stock Market Game™ in which the student teams invest a hypothetical $100,000 in listed stocks, bonds, and mutual funds while simultaneously learning the value of saving and investing as they work together to maximize the return of their portfolio. Huels and his student teams have participated in the program for several years, frequently placing among the top three high school teams of the state. Economics Arkansas has held the franchise license to operate the Stock Market Game program in Arkansas since 1999.
“SIFMA congratulates North Little Rock High School-West Campus for placing fifth in the SIFMA Foundation’s 2013 Stock Market Game™ – ‘Capitol Hill Challenge,’” said SIFMA President Kenneth E. Bentsen, Jr. “The Challenge is designed to enhance student’s financial literacy while simultaneously promoting a better understanding of our government, and Christian, Darrion and Alishe’ah have truly excelled in all aspects of the program. Congratulations again on a job well done.”
Since the Capitol Hill Challenge began in 2004, nearly 1,700 Representatives and Senators have engaged with more than 45,000 students from schools across the country. High school students from all 50 states are participating in this year’s competition.
To view the final rankings from this year’s participating schools, visit the SIFMA Foundation’s website: http://www.sifma.org/chc.
The Capitol Hill Challenge is a special version of the Stock Market Game, a curriculum-based investment simulation program owned by the SIFMA Foundation. It is designed to help students develop a better understanding of the global economy, strengthen their personal financial skills and improve their knowledge of math, economics and business. Student teams in grades 4-12 learn about the global marketplace and long-term saving and investing fundamentals by using a hypothetical brokerage account. The program serves 25,000 teachers and 600,000 students annually. Teachers receive grade-level specific curriculum guides, lesson plans and newsletters to incorporate the program into their core mathematics, social studies, business, economics and language arts programs. In Arkansas, between 9,000 and 10,000 students participate in the program each year.
About the SIFMA Foundation for Investor Education
The SIFMA Foundation is dedicated to fostering knowledge and understanding of the financial markets for individuals of all backgrounds. 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 more than 14 million students since it began in 1977, the InvestWrite national essay competition, and the Capitol Hill Challenge. For more information on the work of the SIFMA Foundation, visit http://www.sifma.org/foundation.
The Securities Industry and Financial Markets Association (SIFMA) brings together the shared interests of hundreds of securities firms, banks and asset managers. SIFMA's mission is to support a strong financial industry, investor opportunity, capital formation, job creation and economic growth, while building trust and confidence in the financial markets. SIFMA, with offices in New York and Washington, D.C., is the U.S. regional member of the Global Financial Markets Association (GFMA). For more information, visit http://www.sifma.org.
Winner of the 2013 Arkansas Non-profit of the Year Award, Economics Arkansas (through the Arkansas Council on Economic Education) is a private, non-profit, non-partisan, educational organization founded in 1962 by Dr. Bessie B. Moore to promote economic literacy in Arkansas. Its mission is to promote economic literacy and the economic-way of thinking to PreK-12 students in Arkansas by empowering educators to teach the fourth “r,” real life economics.
Real life economics teaches students:
• to invest in their human capital so they may pursue opportunities representative of the American Dream,
• to develop decision-making skills and an understanding of costs associated with each decision,
• to acquire financial skills to better manage their resources now and in the future, and
• to study their future roles as producers and consumers in a global economy.