This intensive summer financial literacy camp provides a hands-on introduction to financial management and investment for high school students in Northern New Jersey.
The comprehensive Financial Literacy Camp provides a firsthand introduction to financial management and investment for high school students in Northern New Jersey.
This program, which was launched in 1998, includes lectures, class discussions, research, field trips, and team projects.
Specific topics that are addressed during the camp include:
An overview of financial services offered by banking and investment institutions;
The structure of the stock and bond markets;
Principles of diversification;
2 Field Trips
The concept of entrepreneurship;
The fundamentals of interest rates; and
The role of money and capital markets in supplying funds to business to fuel economic growth
An important component of the program is the team project in which groups of students are assigned to do an investment analysis of a specific Fortune 500 company. With computer access from our labs, students will learn how to research and analyze investment reports and financial statements. At the end of the program, students present their company as management consultants to NJIT faculty, staff, and corporate leaders.
Another central component of the program includes the two field trips. On the second day of the program, participants of the program will visit the Leir Retreat Center in Ridgefield, CT. During this visit, participants will have the opportunity to learn about the legacy of the Leir family and explore their beautiful estate. For the third week of the program, students will travel to Princeton Blairstown Center in Hardwick, NJ for the experiential learning portion of the program. Throughout the week students will focus on team building by participating in outdoor games, ropes courses, and the continuation of their group project.
Participants in this camp not only gain understanding of financial management, investment, and economics but develop academic skills, public speaking and presentation skills, learn teamwork from participation in group projects, and develop motivation for academic and professional success.
The camp employs state-of-the-art methodology for teaching financial literacy and provides an innovative model for how the resources of an outstanding university can be leveraged to motivate and empower high school students.