When: Tuesday, November 17, 2020
Where: Akerman LLP - OR - ONLINE
Time: 5:00 PM
Changes to the 2020 Program - "WE WILL ADAPT!"
We know the future is uncertain. Junior Achievement is prepared to offer this program in-person, virtually, or as a combination of both. We are closely monitoring the Miami-Dade County Public Schools re-opening plans and will be ready and able to adapt to the current climate, following all regulations and taking EVERY precaution to keep our students, teachers, volunteers, staff, and everyone involved, safe.
We encourage teachers to email Lauren and SIGN UP TODAY to reserve your spot for this ground-breaking program. No matter where the final competition takes place, this year's Stock Market Challenge will be exciting and engaging for all!
This is Junior Achievement’s fifth year executing this exciting program and fast-paced competition. The competition portion of the event will take place on Tuesday, November 17th with a student competition in the morning. Later that day, in the evening (provided we will be hosting an in-person event), an adult event and cocktail reception for the program sponsors takes place, featuring the same exciting stock trading competition, at the same venue.
We are grateful to Akerman LLP for once again donating their office space on the 11th floor of their headquarters at the Brickell City Centre. It is truly exciting to see Akerman’s conference rooms transform into a stock exchange trading floor, with five giant screens displaying team standings and stock price charts. During the event, the entire space is buzzing with energy!
How does it work?
Each team receives $1 million to invest in anywhere from 20 – 50 fictitious stocks (based on real-life companies). Each trading day brings news from the financial markets, challenging participants to analyze and decide what actions (if any) they should take.
The twist? Each trading day is between 60 – 90 seconds long! With two 15-minute breaks, we simulate two months in about 90 minutes. Adding to the excitement – players must use floor traders (JA volunteers) to process their transactions – and (by design) there are never enough traders to go around!
At the end of the competition, the closing bell rings, and student winners are recognized for 1st, 2nd, and 3rd Net Worth. Later that evening, the adult competition winners are recognized in two categories, 1st and 2nd Net Worth, and 1st and 2nd Highest Return on Investment.
In addition to being recognized by your corporate peers as being the most astute trader, prizes will be given to the top two teams with the highest net worth. The 1st Place Team will receive recognition on the JA electronic sign, a rotating trophy for the winning school, promotion via JA’s social media channels, and acknowledgement on the JA website.
The 5th Annual Junior Achievement Stock Market Challenge will be divided into two sessions:
Morning Session: 9am-12pm 250 High School students will participate
Evening Session: 5pm-7:30pm 250 Business professionals will participate