The spring semester 2010 competition of the Montana High School Business Challenge and Stock Market Game simulations are scheduled to begin February 17th and February 16th, 2010, respectively, according to Tim Alzheimer, Simulations Coordinator for the Montana Council on Economic Education.
The High School Business Challenge, sponsored by the Montana Chamber Foundation, is an eight-week simulation, in which the students are managing a compact disc video player manufacturing company. Decisions are made once a week, with each decision representing one quarter in the lifecycle of the business. Students are required to make decisions in the areas of price, plant size, amount of production, advertising, human resources, etc. The team that has the highest overall stock price determines the ‘winner’. The first input is February 17th, 2010.
The Business Challenge now has its own website! Go to www.mthsbc.com and check it out! PLEASE NOTE: We are using a new student manual this spring. Nothing has changed, except the product being manufactured is now a Blu-ray player, rather than a DVD player. Everything else stays the same. To get a copy of the new manual, access the Challenge website, www.mthsbc.com, and click on the Instructors Resource Guides link.
The Stock Market Game is a ten-week simulation, in which students are given a hypothetical $100,000 dollars to invest in the stock market. Students must have at least five separate stocks and/or mutual funds at the end of the simulation, so research and diversification are crucial for success. Trading begins on February 16th, 2010.
To register for the Business Challenge, please contact Tim Alzheimer via e-mail, timalz@montana.edu, or by telephone, 994-2263 for further information. Registration deadline is Wednesday, February 10th. To register for the Stock Market Game, go to the SMG webpage, www.stockmarketgame.org, and click on the link in the upper right hand corner of the page labeled ‘How to Register.’ Follow the instructions to complete your registration. Registration deadline is Friday, February 12th. PLEASE NOTE: In order to participate in the High School Business Challenge, teachers must attend a training session. If you want to participate and need to be trained, or would like further information, please contact Tim Alzheimer at timalz@montana.edu or telephone at 994-2263. Business Challenge and Stock Market Game Simulations - see Programs |