Financial Literacy Programs
Since the fall semester of 2009, the State Farm Financial Literacy Lab has been working with high school students in the South Florida region in its own self-initiated financial markets training program. These free training courses are held at the Modesto Maidique FIU campus, in the State Farm Financial Literacy Lab - CBC 252. The course is given by lab interns who are finance majors (or graduate students) with experience in the field. It is aimed at giving students a crash course in the financial markets and investment world, specifically the debt and equity markets.
The typical meeting consists of a review of the last session, a power point presentation of new material, and a closing with open questions and discussion. The material ranges from market functions to company data and investing techniques. However the material is constantly being reviewed and acclimated to specific groups based on previous level of financial literacy.
We have had a great experience thus far with our first group, who comes from the investment club of Christopher Columbus High School. We are open to and have space for any more interested high school students and groups. We welcome any interested students or groups to sign up for the program.
List of Programs:
- Employee Financial Literacy Program
- Greater Miami Adventist Academy
- Miami Northwestern Senior High School
- St. Helen's Middle School
- Women of Tomorrow
- Private Education Literacy Program
For more information you can view our State Farm High School Financial Literacy Initiative Event and previous modules.
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Week 1
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Economics Macro & Micro Economics, Supply and Demand, GDP, Risk, and the different markets relative to these topics. |
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Week 2
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Financial Products Financial Markets - Different types: Direct Market, Brokered Market, Dealer Market, and Auction Market, and the different intermediaries involved in financial markets. |
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| Week 3
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Stocks Stocks - Process for a private company to become a publicly traded company. Common and preferred stocks, along with the risks, advantages, and disadvantages of both types of stocks. |
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| Week 4
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Valuations Management compensation, economic moats, and evaluation of the best companies with economic moats. SWOT analysis (Strengths, Weaknesses, Opportunities and Threats). |
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| Week 5
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Ratios and Metrics Draft Metrics used to evaluate a company's profitability, their effects, and applications. |
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| Week 6
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Credit General overview of the history of credit, what it is used for, why it is important, and how is it calculated. |
