BRIDGEWATER, NJ – Eisenhower Intermediate School'ss Stock Market Club has reason to celebrate, as three students earned second place in the New York/New Jersey competition.
Each semester, Eisenhower teachers Michele Hecht and Karen Popadiuk offer students the opportunity to participate in the Stock Market Game. The game is a program from the SIFMA foundation, dedicated to teaching students about financial literacy.
The game is an online simulation of the global capital markets that engages students in grades four through 12 in the world of economics, investing and personal finance. It has prepared 17 million students for financially independent futures.
After being trained in New York City, at the SIFMA foundation headquarters, Hecht and Popadiuk brought the game to the students of Eisenhower.
After students register, they meet weekly to learn about the stock market and how to invest. The students participate by forming teams of two to three students, and then they research companies and follow trends.
When the team feels prepared, they use the simulation game provided by SIFMA, partnered with the New York Stock Exchange, to invest in companies. They then track and follow their investments, buying and selling when appropriate.
The goal of the game is to earn more money than their competitors (other students in the New York/New Jersey area).
Eisenhower has competed in the competition for three semesters, however they had a team that reached much success this past fall.
A group of three students, Hriday Narang, Fisayo Ogunsulire and Ananth Raman teamed up in the fall competition. They came in second place, earning more money than the hundreds of teams in grades four through 12 in the New York/New Jersey region.
The boys, their families and their advisors were to be recognized at the New Jersey North Stock Market Game Awards Ceremony, which was to be held May 20, in New York City. Due to the Covid-19 restrictions, the ceremony was canceled.
“These boys worked so hard, by researching and discussing investments," Popadiuk "They participated all three times the competition was offered, learning more as they went along. Their hard work and dedication paid off."