Wright State University's Center for Economic Education coordinates the simulation in
intermediate, middle, and high schools in a 15-county region.
Through the simulation, an atmosphere is created for young people to learn about the stock market. This is especially important in a country where the economy is controlled within the doors of the
New York Stock Exchange.
So many Americans go through life never learning the facts about the stock market. This educational tool
will, not only get students involved in the stock market,
but it will also teach them the basic
essentials for becoming better, more aware, citizens in the decade ahead.
Economic understanding is for everyone -- let's
pass it on. Play the Ohio Stock Market
Simulation!!
What Is It? The Ohio Stock Market Simulation is designed to involve
students in the world of finance and investing. It is also used to enforce
collaborative team and decision making skills, and to have fun!
Curriculum Integration. The OSMS can effectively be used in economics,
social studies, mathematics, business or gifted education. Each teacher
structures it to fit classroom needs. Students learn about the role of
today's market in our economy and are placed in decision making roles that
require research, judgment, analysis, mathematical ability and collaborative
work. All materials needed to play are available online or you can call D.R.
Fannin at the Center for Economic Education at 937-775-2324 for personal
instruction.
Playing the Simulation. Classes are divided into teams of 4-5 students.
Each team receives $100,000 in imaginary funds to “trade” common stocks on the
New York, American and Nasdaq exchanges. Each team is allowed a limited number
of transactions, over a 10-week period, and can choose to buy or sell shares
based on both quantitative and qualitative evaluations of companies and
corresponding stocks from a variety of sources. The OSMS is available in the
online version only. Stock trades made during market hours (9:30 am to 4:00 pm)
will receive 20-minute delayed prices. Trades made after the markets close will
receive the next business day’s opening price. Daily portfolio results are
available online. Rankings include all teams in the Dayton Region, separated by
divisions of high school and grades 4 to 8.
Rewards. The top three winning teams (those with the highest equity at
simulation end) of each division will be invited to a celebratory luncheon to be
held on the Wright State University campus within a few weeks of simulation
end. Each team and it’s members will be introduced, and the team captain should
be prepared to present a brief overview of their team’s winning strategy, at
which time each team member will receive an award certificate. In addition, the
top three winning teams in each division will receive a monetary award according
to their ranking, to be mailed to their school at a later date. First place
winners receive $100, with $75 for second place and $50 for the third place
winners.
Pricing and Registration. The cost to play is $18 per team of 4-5
students. Register online at http://www.ohiosms.com,
complete the form and click the “Submit Registration” button. Access information
will be emailed to you. You may also contact D.R. Fannin (dr.fannin@wright.edu) at the Center for
Economic Education, Wright State University at (937) 775-2324 for further
information.
