Stock Market Game – They Key To Experiential Learning
During all my years as a personal finance teacher, I have found that using the textbook as my main teaching resource is not enough. In an increasingly competitive job market, employers are looking for students that are able to develop knowledge, skills, and values from direct experiences outside a traditional academic setting. This is what I like to call experiential learning. Experiential learning is what makes students workplace-ready. A few years go I started looking for tools that allowed me to teach my students something more than boring theory. I came across what has become my favorite virtual trading simulator, HowTheMarketWorks.com
When I started to connect theory with practical tools or to integrate the classroom and the real world, my students were not only more engaged, but their learning curve was definitely shortened. Usually, student’s attention tends to diminish after the first ten minutes of traditional lectures. By involving students more deeply in the learning process, they absorb lessons faster, retain more, and the class as a whole just gets more fun.
How Does Experiential Learning Benefit Students?
Bridges the Gap Between Theory and Practice
Increases Engagement Levels
Having an experiential focus helps teachers prepare students for life. Having a lecture about bonds, mutual funds and stocks is not the same as making students understand the market by investing and placing trades in their own virtual accounts. When students use HowtheMarketWorks, they are developing critical judgement and decisions skill in order to make the most profitable portfolio based on their goals. What I love about this site is that you can create a challenge for your class, completely free, that brings the unique excitement of live trading into your classroom.
I recommend to all my colleagues to use any Stock Market Game like the one offered on HTMW as a complementary teaching tool. You will have the opportunity to engage students in an experiential learning activity with real-life applications! Whether you teach math, social studies, finance or elementary education, HowTheMarketWorks.com will help you enhance your teaching methods.