Jefferson Bank and the University of the Incarnate Word present The Investor Challenge

GOAL

The goal of the investor challenge program is to introduce high school students that have completed their junior year to financial literacy, planning, and the stock market. A secondary goal is to have the students attend classes on a college campus to visualize themselves going to college. 

CURRICULUM

The Investor Challenge course will meet four hours a day for one week during the summer resulting in 20 hours of instruction. Eight hours of the challenge is devoted to financial literacy and planning, eight hours to understanding the stock market and how to participate in the Investor’s Challenge, and two hours related to financial aid for college, one hour tour of the campus, and an hour to discuss other financial questions and collect student feedback.

To increase financial literacy, students will be taught how to use basic budgeting and cash flow management software such as Mint.com. Students will be shown how even small changes in lifestyle can result in huge amounts of wealth through the power of compound interest. We will also stress the importance of using the mainstream financial system to save money and have greater access to credit. Students will determine their unique money personality and how to leverage it for increased saving and investment while avoiding the pitfalls of their personality. Most importantly, students will learn that the more you understand about personal finance, the more successful you can be with reaching your goals whatever they may be.

Students are taught the basics about stock symbols, the various exchanges, risk, and diversification. After a brief training period, they are each given a simulated portfolio that mirrors the U.S. stock market. They will then research companies and buy and sell stocks in a competition to see who can increase the starting portfolio the most. The challenge will last for approximately 20 weeks so the students can experience some of the natural ups and downs associated with the stock market. The winner of the challenge will receive $500 and a plaque with their name engraved that will be prominently displayed in UIW’s Financial Resource Center. 

SCHEDULE

TBA - Spring 2018

COST

Students must submit an application (found below) to be considered for admittance into the program. Upon review, students will be notified if they have been accepted to the Investor Challenge. The cost of the program is $200. Through the generosity of Jefferson Bank, admitted students will receive a $150 scholarship. The cost to students will be only $50.  

PAYMENT

Admitted students will receive an email notification that verifies their acceptance and includes a link to the Financial Planning payment portal.

Payment can ONLY be made with a debit or credit card; no checks or cash will be accepted. Students should NOT share the link to the payment portal with other students.

If the student shares the link, the student automatically forfeits their placement in the program.

Students that do not make the payment within one week of their acceptance date will forfeit their seat in the program and be returned to the applicant waiting list. 

HOW DO I APPLY?

Applications can be found HERE