Stock Market Game Boosts Math Scores and Financial Literacy

The SIFMA Foundations's Stock Market Game™ (SMG) gives students the chance to invest a hypothetical $100,000 in an on-line portfolio. They think they're playing a game. You know they're learning economic and financial concepts they'll use for the rest of their lives.

View The SIFMA Press Release
http://www.sifma.org/news/news.aspx?id=12958

See The Detailed Study
See the latest study on the Stock Market Game's affect on Math Scores and Financial Literacy:
http://www.learningpt.org/smg/smg_summary.pdf

IMPROVEMENTS IN MATHEMATICS PERFORMANCE
Students took grade-level-appropriate mathematics tests composed of publicly available items from the National Assessment of Educational Progress (NAEP), known as “the Nation’s Report Card.” Students who played The Stock Market Game scored significantly higher on mathematics tests than their peers who did not play the game. Students in Grades 4–6 who played the game scored on average above the 55th percentile, whereas students who did not play the game scored on average above the 43rd percentile. Students in Grades 7–10 scored on average above the 54th percentile, while students who did not play the game scored on average above the 46th percentile.

IMPROVEMENTS IN FINANCIAL LITERACY
Students also took grade-level-appropriate tests to measure financial literacy. Students who played The Stock Market Game scored significantly higher on financial literacy tests than their peers who did not play. Elementary school students playing the game scored on average above the 68th percentile, while nonplaying students scored above the 42nd percentile. Students playing the game in both middle and high school scored on average above the 58th percentile, while their nonplaying peers scored above the 42nd and 40th percentiles respectively.

Texas Teachers Should Participate
The Fall 2009 Stock Market Game begins on September 28 and runs through December 4. Most Texas schools can participate in the Stock Market Game at no charge. In most regions of Texas, SMG fees are picked up by the Texas Council on Economic Education's generous sponsors: Merrill Lynch; Cabrera Capital Markets, LLC.; FirstLight Federal Credit Union; Harlingen Area Teachers' Credit Union; Fidelity Investments; Valley Federal Credit Union and Southwest Securities (Sponsor of InvestWrite).

Click Here for More information or contact Debbie Mackey, Texas Coordinator, at 888-764-8233 or mackeysmg@aol.com.