Marist High School seniors Dylan McMurray and Katie Nieciak recently finished in third place for the Chicago division of The Stock Market Game (SMG) spring 2018 session for grades nine through 12. Nearly 13,000 Illinois students in grades four through 12 participated in this educational program, and 93 student teams competed in the Chicago high school division. The pair was recognized at a reception at the Chicago Board Options Exchange on May 8 hosted by Econ Illinois
SMG is an online education program used in thousands of classrooms nationwide. Student teams manage and grow a simulated investment portfolio throughout the school year. They research and evaluate stocks, bonds, and mutual funds to make informed, economic decisions. These activities help students understand how the economy, the stock market and their portfolio function. Marist students enrolled in the school’s personal finance course took part in the competition.
McMurray and Nieciak tracked stock trends and world events that could have economic impact. Their main investments were in Amazon, Pandora, and Boston Beer Co., Inc. Each team started with $100,000 to invest, and they increased their portfolio by just over $8,000 during the 16-week long competition. McMurray said the program will help him with his future career, while Nieciak said it made her a better decision maker with a stronger understanding of the stock market.
Marist’s curriculum aims to give students real world learning experiences. In addition to the stock game, an active stock ticker is installed in the school’s cafeteria to encourage an interest in business, which is the top college major among recent Marist graduates.
Dylan McMurray (from left), Katie Nieciak, and personal finance teacher Jim Henneberry received certificates and medals at a reception on May 8.