INTEGRATION
OF FINANCIAL LITERACY INTO THE BUSINESS CURRICULUM AND AFTER-SCHOOL
PROGRAM
--This is a work in progress--
Financial Literacy
Essential to Student Success, Stronger Economy
Ministry of
Education
To improve
financial literacy skills of selected groups of Fraser students
by the end of the 2009/2010 academic year.
SPECIFIC
Data? Areas of concern? Rationale?
Rationale:
Most students graduate from high school without
any financial education. Then they go off to college or life on their
own without much
knowledge about about paying rent and bills, managing their first
credit card, or repaying student loans.
A recent
study of Ontario high school students revealed that a significant
number of students aged 14 — 18 don’t have the financial
skills to make informed choices
Informal survey of students
at MFC (through Go Fish, etc.) indicated
that they were interested in improving their financial literacy
skills.
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Setting Goals
" When a man does not
know what harbor he is making for, no wind is the right wind.”
Seneca
Data:
The Research
has already shown that a signifcant number of Ontario High School
students have poor financial literacy skills. As part of our data
we will be examining:
The pre-assessment scores
and interest inventory of business students in selected business
classes which will indicate where these students are in terms of
financial literacy.
the number of students who
indicate an interest in participating in an after-school program
to improve their financial literacy skills.
Data data everywhere
So much it's hard to think.
Data data everywhere
If only it would link.
Students will complete a pre-assessment
before starting modules. In the pre-assessment students will have
the opportunity to indicate the particular financial skills topics
that interest them.
Students will complete a post-assessment
after completing modules. They will be able to compare their pre and
post-assessment scores to identify their progress.
ATTAINABLE
Strategies/actions?
Strategies:
Financial Literacy will be integrated
into selected business courses where outcomes can be correlated to
existing expectations, viz. BTT2O,
BDI3C.
All teachers in the business
department teach at least one of these courses in either the third
or fourth Quad.
The modules can be completed online or as
handouts. Teachers are encouraged to have students do the modules
online. This saves paper and also enhances the students' technological
skills.
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RESULTS-ORIENTED
Resources identified to achieve
desired results?
Resources:
There is an abundance of resources available
to support an effective financial literacy program. Two primary resources
recommended are: