Arkansas Personal Finance Challenge
UPDATE, April 1, 2020:
This challenge has been cancelled due to the Coronavirus pandemic.
Economics Arkansas will host the 2020 Arkansas Personal Finance Challenge, an opportunity for high school students to demonstrate their knowledge of personal finance by competing against other students in a one-day challenge.
When: Wednesday, April 8, 2020, 9.30 am to approximately 1.30 pm
Where: Federal Reserve Bank of St. Louis, Little Rock Branch, 111 Center St # 1000, Little Rock, AR 72201
No advance qualifications or tests are required. On the day of the competition, student teams of three or four will be given 90 minutes to prepare a financial plan based on a a detailed fictitious family scenario. Each team will present their six-minute PowerPoint presentation in three rounds to a panel of judges who will score knowledge, team work and presentation skills.
Lunch will be provided at no cost to participants. Each teacher may register up to 2 teams.
First place team members will each receive $100 cash. Second place team members will each receive $75 cash, and third place team members will each receive $50 cash. The top team will also receive an all expense paid trip to compete in the 2020 National Personal Finance Challenge on May 4 at the University of Nebraska--Lincoln College of Business in Lincoln, NE. Each of the top 5 teams at the national level will win trophies, banners and cash prizes ranging from $125 to $2,500.
View complete rules and a sample case study here.
To register, click here.
The 2020 Arkansas Personal Finance Challenge is generously sponsored by title sponsor First Security Bank. Thank you.
Additional sponsorship opportunities are available.
For details, click here.