MCEE to host Personal Finance Decathlon State Championship April 26
Little Falls High School on quest for third consecutive national title
Media Note: The Federal Reserve is a secure facility. To attend the event, please contact Jane Stockman at (952) 846-8146.
What: Personal Finance Decathlon State Championship
When: Thursday, April 26. Preliminary rounds from 10:30 a.m. to 1 p.m.; finals from 1:45 to 2:15 p.m.
Where: Federal Reserve Bank of Minneapolis, 90 Hennepin Ave.
Claudia Parliament, Minnesota Council on Economic Education, (612) 986-5678
Jane Stockman, Minnesota Council on Economic Education, (952) 846-8146
Six secondary schools from across greater Minnesota will compete at the Personal Finance Decathlon State Championship on Thursday, April 26, at the Federal Reserve Bank of Minneapolis, 90 Hennepin Ave. The competition begins with preliminary rounds from 10:30 a.m. to 1 p.m., followed by the finals from 1:45 to 2:15 p.m.
The competing schools are Cloquet Senior High School, Eden Prairie High School, Little Falls Community Secondary School, Mounds View High School, Robbinsdale Armstrong High School and Edina’s Valley View Middle School.
Little Falls Community High School has won consecutive national championships, capturing the title in both 2010 and 2011. Since the national competition began in 2010, Little Falls is the only high school to have held this honor. Tom Stockard is the coach for the Little Falls team.
The Personal Finance Decathlon is an opportunity for students to test their knowledge in ten areas of personal finance, including: thinking economically; earning income; paying taxes; budgeting; saving; financial planning; investing; borrowing; banking and financial institutions; and insuring.
The winning school from Thursday’s double elimination, quiz-bowl State Championship will travel to St. Louis, Mo. to compete in the national competition. Held May14, the national championship is sponsored by the Missouri Council on Economic Education with funding from Wells Fargo Advisors.
The Minnesota Personal Finance Decathlon is a program of the Minnesota Council on Economic Education and is sponsored by COUNTRY Financial, Sit Investment Associates, and the Federal Reserve Bank of Minneapolis. Its purpose is to provide a competitive environment for students to demonstrate their personal finance knowledge and to showcase outstanding high school personal finance courses and teachers.
About the Minnesota Council on Economic Education
The mission of the Minnesota Council on Economic Education (MCEE) is to provide Minnesotans with the economic and personal financial understanding they need to function effectively in a complex, global environment. MCEE is hosted by the department of Applied Economics within the College of Food, Agricultural and Natural Resource Sciences at the University of Minnesota. For more information, visit: www.mcee.umn.edu.