$$$$ SmartCents $$$$
$$$$ SmartCents $$$$
$$$$ SmartCents $$$$
MONSIGNOR FRASER COLLEGE

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.

    ..........................................

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.

Read more Post-Gazette


 MEASURABLE
  • 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.
    .............................................
 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:

  • The City
    This financial life skills resource has received the 'Seal of Quality' from Curriculum Services Canada.

  • Taking Stock
    This resource has also been approved by Curriculum Services Canada.

  • These comprehensive resources contain interactive lessons, overheads, quizzes, video clips.

    ..........................................

THE CITY

 TIMELINE

    How? When?


 

To Date:

  • department members have brainstormed for effective strategies, and
  • researched relevant resources

    Next Steps:
  • implementation will begin in the third quad and continue through final quad.
  • Teachers will discuss progress at departmental meetings.


 

 

PL

© Smartcents.ca--updated February 16, 2010 3:51 PM