"providing resources to teach students financial literacy and economic understanding"
"providing resources to teach students financial literacy and economic understanding"
Students utilizing on-line economic resources |
Stock Market Simulation
2007-2008 Dates: Spring 2008 SMS: February 18th to April 25th
What is the Wisconsin Stock Market Simulation? Is there funding available? Click here to sign up for our mailing list. The Wisconsin Stock Market Simulation Students Learn:
How can the SMS help you? Business Education Teachers: Use the SMS to teach students about business organizations, capital formation, marketing, finance, budgeting, personal finance, consumerism, and about the securities industry. Elementary and Gifted and Talented Teachers: Use the SMS to reinforce math skills such as converting fractions to decimals and to introduce children to the value of investing and saving for the future. Students also develop group decision-making, conflict resolution, data collection and analysis, problem solving and critical thinking skills. Financial Education Teachers: Use the SMS to teach money management skills, to help students analyze and balance risk against benefits in financial planning, and to and develop goals and budgets.
The program is available to all public and private students throughout the state of Wisconsin. However, it is more easily used in grades four through 12. We also offer the Stock Market Simulation to adults, technical college students, and the Wisconsin Department of Corrections.
Trading FREE TEACHER TRAINING WORKSHOPS: Provide teachers with hands on experience with the SMS (Details below).
Free Training Workshops: Teachers Can Be Millionaires, Too! The Wisconsin Stock Market Simulation is available to all public, private, and home schools in Wisconsin. To be eligible to participate, teachers new to the program are required to attend a training workshop. Workshops are located throughout the state in September and January of each year. Workshops begin at 8:00 a.m. and conclude by 1:30 p.m. or earlier. Each workshop includes a complimentary breakfast, lunch, or dinner depending on location. Registration is required at least one week in advance. Online training is also available.
How you will benefit from this workshop: Teachers often regard themselves as unlikely candidates for financial success, chiefly because they earn low starting salaries. But people of modest means can build wealth over time if they adhere to certain simple strategies. Our goal here is to explain this point as it applies to teachers.
Stock Market Simulation Workshops
Register for the online teacher workshop E-mail your name, school name, address, phone and fax number, email address, and the subjects and grades that you teach.
Questions? Please email or call (414) 221-9785.
If you are unable to participate in person, an online workshop is available. Complete the various units of the online training and you will be eligible to participate in the SMS. The workshop is available year round and can be completed at your leisure. Register for the online teacher workshop
Intro. to Financial Markets - A Six Week Online Course Introduction to Financial Markets is offered by our UW Oshkosh Center for Economic Education. Enroll in and complete the online course to be eligible to participate in the Stock Market Simulation. The cost for this one credit course is $330.00. We offer tuition assistance to Wisconsin teachers. Upon successful completion of the course, EconomicsWisconsin will award Wisconsin teachers a $150 James Taylor Scholarship, named in honor of one of our founding members. Course description: Introduction to Financial Markets (1 credit) This class will prepare participants to introduce students to the world of investing, its benefits and risks, and the critical role it plays in fostering capital formation and job creation in our market economy. The class will use Learning, Earning and Investing as a source of lessons on the language of the financial markets and the role of financial institutions. There are active learning lessons on stocks, bonds, and mutual funds. This class will be particularly helpful for teachers participating in Economics Wisconsin's Stock Market Simulation. (Instructor: Jim Grunloh – UW Oshkosh)
There is a fee of $20 per team for our 10 week simulation. SMS teams are generally comprised of one to five students. While larger teams are allowed to participate, EconomicsWisconsin may be required to limit prizes and awards for larger teams due to budgetary constraints. The Million Dollar Challenge, our seven month simulation, costs $35 per team. Funding may be available to help schools in need. Contact EconomicsWisconsin to request funds. Please include your name, the name of your school and the number of teams that you would like to register.
10 WEEK SIMULATION AWARDS -
|
Place |
Junior |
Senior |
1 |
$225.00 |
$225.00 |
2 |
$200.00 |
$200.00 |
3 |
$175.00 |
$175.00 |
4 |
$150.00 |
$150.00 |
5 |
$125.00 |
$125.00 |
6 |
$95.00 |
$95.00 |
7 |
$90.00 |
$90.00 |
8 |
$85.00 |
$85.00 |
9 |
$80.00 |
$80.00 |
10 |
$75.00 |
$75.00 |
11 |
$70.00 |
$70.00 |
12 |
$65.00 |
$65.00 |
13 |
$60.00 |
$60.00 |
14 |
$55.00 |
$55.00 |
15 |
$50.00 |
$50.00 |
16 |
$45.00 |
$45.00 |
17 |
$40.00 |
$40.00 |
18 |
$35.00 |
$35.00 |
19 |
$30.00 |
$30.00 |
20 |
$25.00 |
$25.00 |
The SMS NYC Trip is sponsored by:
Midwest Airlines,
Robert W. Baird & Company, Inc.
Economics Wisconsin
• This trip to New York City will depart from Mitchell International Airport-Milwaukee for the actual members of the winning team (not to exceed 5) plus its advisor.
• This award is limited to official participants in the Wisconsin SMS.
• Economics Wisconsin reserves the right to review and approve the participation of the team's advisor or other chaperone.
• All participants are responsible for ground transportation to and from their homes to the airport and hotel costs if they choose to stay in Milwaukee prior to or after the trip.
• Scheduling of the specific dates for the trip is subject to seat availability on Midwest Airlines.
• Once ticketed, flight itinerary cannot be changed and tickets cannot be redeemed for cash.
• Hotel, meals and ground transportation in New York City will be provided by Robert W. Baird & Company, Inc.
• Liability insurance for the team and their advisor must be provided by the team's school district as Robert W. Baird & Company, Inc., Midwest Airlines and Economics Wisconsin cannot provide such coverage and will accept no responsibility therefore.
Essay Contest
Students participating in the SMS are also eligible to enter the SMS Essay Contest. Awards are given to the top three entries in the junior division and the top three entries in the senior division. Download an entry form.
Junior and Senior Division:
First Place: $100
Second Place: $50
Third Place: $25
Million Dollar Challenge Awards
Teams compete in a statewide seven month simulation. First through Fifth place teams in the state will receive a cash award as outlined below, certificates for each student, advisor and school in addition to T-shirts and recognition at the regional awards banquet. First through Third place teams will receive a traveling trophy.
Prizes will also be awarded for the at the national level as outlined below.
Competition / Place |
1st |
2nd |
3rd |
4th |
5th |
Statewide Million Dollar Challenge |
$500 |
$400 |
$300 |
NA |
NA |
National Million Dollar Challenge - Awarded in Amazon Gift Certificates |
$1,000 |
$500 |
$300 |
$150 |
$50 |
Other Competitions:
Teachers, adults, and college and technical college students may compete in a separate 10 week simulation.
Teams from the Department of Corrections can compete in our DOC SMS competition.
Prizes are awarded as outlined below.
Other Competition |
1st Place |
2nd Place |
3rd Place |
Teacher/Adult/College/Tech. College |
$100 |
$50 |
$25 |
Department of Corrections |
Traveling |
Traveling |
Traveling |
Register for the Wisconsin SMS
You must first complete a workshop to be eligible to participate
Register online and receive your team numbers and passwords immediately. Accounts will not be active until the SMS begins. If registering after the simulation has begun, accounts may not be activated for up to 24 hours.
or
Download the registration form to register teams. Complete form and mail to EconomicsWisconsin. You will be sent your team numbers/passwords and all necessary materials to participate. Please include a check, purchase order number or copy of purchase order.
To learn more about the Wisconsin Stock Market Simulation:
WEB SITE: Visit the Wisconsin Stock Market Simulation web site.
RULES: If you would like to view a set of complete rules and list of awards and prizes, download the Teacher Kit . Rules are subject to change.
CONTACT: Email or call (414) 221- 9785.
DEMO ACCOUNT: We have set up a demo account for you to see how easy it is to navigate the web site, make trades, review class ranking, etc. To get started, visit www.WisconsinSMS.com. You may want to review the 'Classroom Tutorial' available on the Wisconsin SMS web site.
Please feel free to use the demo account to make as many trades as you like. This is a shared demo, so don't be surprised if you see trades on the account already. We periodically reset the account.
When you are ready to make trades, login using the following information:
| Account Number | WI000003 |
| Password | 1234 |
Department of Financial Institutions, State of Wisconsin
Robert W. Baird & Co
Midwest Airlines
Milwaukee Journal Sentinel
The Security Traders Association of Wisconsin
First Place Winning Wisconsin Schools 1989 to the Present:
Fall 2007 - Tullar Elem. School
Spring 2007 - Stratford High School
Fall 2006 - Menasha High School
Spring 2006 -Pioneer School, Platteville
Fall 2005 - Stoughton High School
Spring 2005 - West DePere Middle School
Fall 2004 - East Troy High School
Spring 2004 - Pioneer School, Platteville
Fall 2003 - DePere High School
Spring 2003 - Appleton North High School
Fall 2002 - Marinette High School
Spring 2002 - Verona High School
Fall 2001 - Marinette High School
Spring 2001 - Shullsburg JHS
Fall 2000 - DeForest High School
Spring 2000 - Reedsville High School
Fall 1999 - Marinette High School of the Arts
Spring 1999 - Milwaukee High School of the Arts
Fall 1998 - Milwaukee School of Entrepreneurship
Spring 1998 - Reedsville High School
Fall 1997 - Pilgrim Park Middle School, Elm Grove
Spring 1997 - South Shore Junior High School, Port Wing
Fall 1996 - Randolph High School
Spring 1996 - Pius XI High School, Milwaukee
Fall 1995 - Appleton North High School
Spring 1995 - Mukwonago High School
Fall 1994 - Marquette University High School, Milwaukee
Spring 1994 - Randolph High School
Fall 1993 - South Shore High School, Port Wing
Spring 1993 - Randolph High School
Fall 1992 - Marquette University High School
Spring 1992 - South Shore High School, Port Wing
Fall 1991 - Sheboygan North High School
Spring 1991 - South Shore High School, Port Wing
Fall 1990 - Marquette University High School
Spring 1990 - Arrowhead High School, Hartland
Fall 1989 - Marquette University High School, Milwaukee
The Wisconsin Commodities Market Simulation (CMS) is simply the most comprehensive online trading simulation available featuring commodities, options, and futures. Students trade commodities, options, and futures as they compete against students across the state. Experience the excitement of actually placing orders, valuating your portfolios and developing the skills you need to navigate through volatile markets.
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EconomicsWisconsin
Wisconsin Council on Economic Education
7635 W. Bluemound Road, Suite 106
Milwaukee, WI 53203
(414) 221-9400
Fax (414) 221-9790
EconEd@EconomicsWisconsin.org
