JOLIET – After picking stocks that propelled them to the front of the class, students from Joliet Central High School took second place in the fall semester of The Stock Market Game program's online portfolio simulation.
The 12th grade winning student team competed in grades nine to12 level in their geographic region, beating out 604 other teams. Competition between student teams throughout Illinois drew to a close at the end of the fall session with the highest valued portfolios receiving awards.
The winning student team includes Tyrell Hundley, Ty'ree Johnson, Jeffrey Armstrong, and Terrence Tucker. Their teacher, Joshua Watson, and his winning team were recognized with medals and award certificates.
About The Stock Market Game(tm) (SMG) This program is used in thousands of classrooms nationwide to help teach core academic subjects while emphasizing the importance of long-term saving and investing.
Students work together in teams to conduct research, invest their hypothetical $100,000 cash account and manage their portfolio over time. Through their participation, student teams gain practical knowledge about the markets, learning such concepts as risk and diversification.
While the students think they're playing a game, their teachers know they're learning real-life economic and financial skills that will benefit them for years to come.
The SMG program, designed for grade four to 12 teachers and their students, is offered to Illinois teachers by Econ Illinois, a statewide organization associated with NIU and housed in the Division of Outreach, Engagement and Regional Development.
Since its inception in Illinois in 1988, the SMG program has enrolled more than 670,000 Illinois students. Participation is offered without financial cost through numerous sponsorships. Nationally, the SMG is provided by the Securities Industry and Financial Markets Association (SIFMA).