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Students Receive Awards for Investment Know-How

Students Receive Awards for Investment Know-How

Students Receive Awards for Investment Know-How

For more information, contact
Sue Owens, Executive Director
501-682-4349
Sue@economicsarkansas.org

January 20, 2014

For Release to Statewide Media
For Immediate Release

STUDENTS RECEIVE AWARDS FOR INVESTMENT KNOW-HOW
Economics Arkansas hosts awards luncheon for student winners of Stock Market Game

LITTLE ROCK—A $100,000 return on a $15 investment is either a hoax—or the premise of an investment program for students in grades 4-12. As thousands of Arkansas students know, a team registration fee of $15 provides access to build a virtual stock portfolio of $100,000—and the chance to invest it for yet higher returns. About 100 of the state’s savviest junior investors were honored during an awards luncheon at Verizon Arena on Jan. 14. They received cash awards and trophies for winning 1st and 2nd place in their respective regions of the state after participating in a 10-week session of the Stock Market Game ProgramTM, a project-based investment and saving simulation.

The event was hosted by Economics Arkansas, a nonprofit educational organization that trains educators how to integrate economics and personal finance concepts into the K-12 classroom curriculum.

The impact of the Stock Market Game Program goes far beyond investing and saving know-how. Rick Kron, whose 5th-grade student team from Warren Dupree Elementary School in Jacksonville won 1st place in the elementary division/region 5, described how his students became interested in global events and business matters and their effect on stock prices. “At the beginning of the school year, when we studied the newspaper, the kids turned to comics and sports,” he said. “but as we got into this [Stock Market] game, they went right to business and farm.” He noted that his winning team was so enthusiastic about playing, it was already preparing for the Spring 2015 session.

Over 4,000 Arkansas students participated in the Fall 2014 session of the Stock Market Game. The winning teams and their advisors, which included seven first-time champions, are:

Elementary School Award
Region 1
First Place, Thurman G. Smith Elementary School, LuAnn Little, advisor, Springdale School District
Second Place, Russellville Upper Elementary School, Candace Smith, advisor, Russellville School District

Region 2
First Place, Mansfield Middle School, Alisha Burton, advisor, Mansfield School District
Second Place, S.C. Tucker Elementary School, Rebecca Shewmake, advisor, Danville School District

Region 3
First Place, College Hill Middle School, Shedrich Franklin, advisor, Texarkana School District
Second Place, South Arkansas Christian School, Bobby Beaird, advisor

Region 4
First Place, Walnut Ridge Elementary School, Tonda Brand, advisor, Walnut Ridge School District
Second Place, Beebe Middle School, Lydia Brumfield, advisor, Beebe School District

Region 5
First Place, Warren Dupree Elementary School, Rick Kron, advisor, PCSSD
Second Place, Lonoke Elementary School, Pamela Chandler, advisor, Lonoke School District

Region 6
First Place, Hardin Elementary School, Marybeth Passmore, advisor, White Hall School District
Second Place, Hardin Elementary School, Marybeth Passmore, advisor, White Hall School District

Junior High Award
Region 1
First Place, Ozark Junior High School, Jessica Culver, advisor, Ozark School District
Second Place, Lingle Middle School, Cindy Dunn, advisor, Rogers School District

Region 2
First Place, Hot Springs High School, Tim Guest, advisor, Hot Springs School District
Second Place, Hot Springs High School, Tim Guest, advisor, Hot Springs School District

Region 3
First Place, Genoa Central High School, Jerry Brown, advisor, Genoa Central School District
Second Place, Genoa Central High School, Jerry Brown, advisor, Genoa Central School District

Region 4
First Place, Osceola STEM Academy, Teresa Day-Smith, advisor, Osceola School District
Second Place, Osceola STEM Academy, Teresa Day-Smith, advisor, Osceola School District

Region 5
First Place, Pulaski Academy, Sarah Gorman, advisor, Little Rock
Second Place, Vilonia Junior High School, Michael Slicer, advisor, Vilonia School District

Region 6
First Place, none awarded
Second Place, none awarded

High School Award
Region 1
First Place, Rogers Heritage High School, Heather Grosze, advisor, Rogers School District
Second Place, Har-ber High School, Jess Ross, advisor, Springdale School District

Region 2
First Place, Hot Springs High School, Tim Guest, advisor, Hot Springs School District
Second Place, Hot Springs High School, Suzanne Skrivanos, advisor, Hot Springs School District

Region 3
First Place, Genoa Central High School, Jerry Brown, advisor, Genoa Central School District
Second Place, Genoa Central High School, Jerry Brown, advisor, Genoa Central School District

Region 4
First Place, Pocahontas High School, Allyson Goodin, advisor, Pocahontas School District
Second Place, Pangburn High School, Janet Reaper, advisor, Pangburn

Region 5
First Place, Little Rock Christian Academy, Susie Thompson, advisor, Little Rock
Second Place, Little Rock Christian Academy, Susie Thompson, advisor, Little Rock

Region 6
First Place, White Hall High School, Tiffany Evans, advisor, White Hall School District
Second Place, White Hall High School, Tiffany Evans, advisor, White Hall School District

Also recognized were Susie Thompson, Little Rock Christian Academy, in the category of Overall Advisor; Jason Anzaldua, Hardin Elementary School, White Hall, in the category of Teacher Division, and Shedrich Franklin, College Middle School, Texarkana School District, in the category of Portfolio Advisor.

The Stock Market Game is owned by the Securities Industry Financial Markets Association (SIFMA), and has been franchised to Economics Arkansas since 1999. In this investment simulation and competition, students trade “live” in the stock market. Teams of 1-5 students seek to grow a virtual $100,000 stock portfolio over the course of 10 weeks in the fall and in the spring. They compete in either the elementary (grades 4-6), junior high (grades 7-9) or senior high division (10-12) in one of the state’s six regions connected to a university economics center area. Teachers act as advisors who assist each team by inviting investment professionals to speak in the classroom, teaching their students to learn “how” to research and to become aware of current events that affect the market. The teams with the highest total equity at the end of each 10-week session in each division and region are recognized at the awards luncheon. The winners receive cash, medals and commemorative tee-shirts. Annual participation averages more than 9,000 students.

The Awards Luncheon was sponsored by the Arkansas Securities Department; Bank of America Merrill Lynch; Lou Graham, Morgan Stanley; Harvest Investment Strategies; D&R Hobbs LLC; Riceland; State Farm Insurance; Harriet and Warren Stephens, Stephens Inc., and 3M.

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, opening opportunities to the American Dream.
• Decision-making skills and the costs associated with each decision.
• Financial skills to better manage their resources in the future.
• About the global market and their future roles as producers and consumers.

Note to media: Photos and names of members of most student teams are available upon request.

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