[CircleUp] Independent Evaluators Say Playing The Stock Market GameT Boosts Achievement in Math and Financial Literacy
Info
info at ournativecircle.org
Thu Aug 27 18:27:53 EDT 2009
Jump$tart is pleased to forward the following announcement on behalf of its
partner, the FINRA Investor Education Foundation, which conducted an
evaluation of the educational effectiveness of the Stock Market Game,
operated by another Jump$tart partner, the SIFMA Foundation for Investor
Education. (Please direct any questions or comments to the FINRA
Foundation.)
Independent Evaluators Say Playing The Stock Market GameT Boosts
Achievement in Math and Financial Literacy
Eagerly awaited results from a rigorous evaluation study conducted by
Learning Point Associates with a grant from the FINRA Foundation show that
students who play The Stock Market Game outperform their peers in
mathematics and financial literacy. According to the independent evaluation
team, the gains are substantial at the elementary, middle, and high school
levels. In addition, teachers reported that the program influenced their own
financial practices.
The Stock Market Game is one of the most widely used financial literacy
programs in the country. Nearly 12 million students have participated in the
game since 1977.
The FINRA Foundation funded the Learning Point evaluation to provide
objective and reliable information to teachers, parents, and students on the
effectiveness of financial literacy programs. The evaluation of The Stock
Market Game is based on a randomized controlled trial, considered the "gold
standard" for evaluation research.
Read the press
<http://www.mmsend6.com/ls.cfm?r=17685394&sid=7276349&m=805368&u=finra&s=htt
p://www.finrafoundation.org/web/groups/foundation/@foundation/documents/foun
dation/p119853.pdf> release, summary
<http://www.mmsend6.com/ls.cfm?r=17685394&sid=7276350&m=805368&u=finra&s=htt
p://www.finrafoundation.org/web/groups/foundation/@foundation/documents/foun
dation/p119855.pdf> of findings, and the full
<http://www.mmsend6.com/ls.cfm?r=17685394&sid=7276351&m=805368&u=finra&s=htt
p://www.finrafoundation.org/web/groups/foundation/@foundation/documents/foun
dation/p119852.pdf> study.
Laura Levine
Executive Director
Jump$tart Coalition for Personal Financial Literacy
919 18th Street NW, Suite 300, Washington, DC 20006
(202) 466-8610, (202) 607-8873 cell, <mailto:llevine at jumpstart.org>
llevine at jumpstart.org
<http://www.jumpstart.org/> www.jumpstart.org
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