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Natixis Investment Managers partners with Invest in Girls as Innovation Sponsor to bring financial literacy workshops online during COVID-19

Invest in Girls, a program of the Council for Economic Education (CEE), is thrilled to announce that Natixis Investment Managers, a long-time partner, has increased their support through a new “Innovation Sponsorship” to bring IIG’s student financial workshops online. This sponsorship builds on CEE’s success in bringing the National Personal Finance and National Economics challenges online during this difficult time and ensures that high school students continue to be introduced to and learn about finance.

Invest in Girls provides financial literacy workshops to high school girls and introduces them to careers in finance through role models and specialized industry trips. Workshops are usually conducted in schools as in-school or after-school programs. When schools closed, IIG shifted their focus to provide uninterrupted workshops to students through online channels.

Natixis has partnered with the Invest in Girls program through hosting industry trips, hiring IIG Alumnae for internships, and event sponsorships. Together, we have been looking for ways to deepen our partnership, and the “Innovation Sponsorship” to bring IIG online was the perfect match.

“Natixis Investment Managers has proudly partnered with Invest in Girls for several years as part of our commitment to build a pipeline of diverse candidates within the finance industry,” said Tracey Flaherty, global head of diversity and inclusion. “We are excited to deepen that relationship, and we look forward to helping to educate the next generation of women about the various career opportunities available to them in the financial sector.”

Under normal circumstances, IIG cohorts are formed with girls from the same school, but moving online meant that girls from across the globe can now interact to learn about personal finance and careers in finance. Our first online cohort consists of students from France, Massachusetts, Connecticut, New York, Maryland, and Delaware.

The girls come together each week to learn a lesson from IIG’s module “Becoming the CFO of your Life” – learning about budgets and saving goals. Volunteers from Natixis have joined to help teach the curriculum and in a few weeks a mix of senior executives and associates will come together to host a Role Model Exchange Day to talk further about their career paths.

Lea, a student participating in the virtual experience, noted: “I’m very appreciative of this new virtual learning opportunity because it has taught me to feel more confident in my money management skills as well as learning to prepare for my future!”

The Invest in Girls program and Natixis Investment Managers look forward to growing this partnership to provide more girls with the tools and resources to lead successful financial lives.

POSTED: June 10, 2020 | BY: Alan

Economists on the Economy with Loretta Mester, Cleveland Federal Reserve – June 17 @ 4PM

Please join the Council for Economic Education for a special live stream event:

ECONOMISTS ON THE ECONOMY


FEATURING

LORETTA J. MESTER
President and CEO Federal Reserve Bank of Cleveland

President Mester will be presenting her economic outlook and the Federal Reserve’s response to the crisis.

The presentation will be followed by Q and A.

Wednesday, June 17, 2020

4:00 – 5:00 PM EDT



ABOUT THE COUNCIL FOR ECONOMIC EDUCATION

The Council for Economic Education’s (CEE’s) mission is to equip K-12 students with the tools and knowledge of personal finance and economics so that they can make better decisions for themselves, their families, and their communities.

To learn more about CEE, please visit www.councilforeconed.org.

POSTED: June 5, 2020 | BY: Alan

A message of solidarity from CEE

Our team at CEE joins you in grief and shock at the brutal homicide of George Floyd. Yet another black man felled. I feel the same hollowness in my soul as I did when I first walked into Dachau or when I visited the genocide museum in Rwanda. And, no, we cannot just stand silent.
The Black community has felt the pain of COVID 19 so acutely in loss of life and jobs. And, now, another blow: one that tells them that their suffering continues unabated, unseen and unheard. One that tells them mercy never comes.

Our educators are feeling the pain of not being there for their students to comfort and create a safe place for them, to guide them in building meaningful pathways to move ahead. Over the next few weeks we will help teachers address these challenges. While this may seem outside our core subjects of economics and personal finance, we always seek to address the broader issues of equity, prejudice and reform and have done so through lessons such as The Economics of Jim Crow andThe Economics of Racial Discrimination. We are educators first and must support our colleagues in the profession now, especially the many we work with from communities feeling even more vulnerable.

We cannot stand by silently. We must and do stand in solidarity with the Black community. We do what we can and what we must. If just one teacher finds a way to comfort and inspire even one of her students as a result of something we do, then we have done our job as CEE. And we will continue to speak out for justice, fairness and equality for all of our citizens – that is our job as human beings.

Stay safe and strong,

Nan J Morrison
President and CEO
the Council for Economic Education (CEE)

“It is not your job to complete the task,
but neither can you desist from working at it.” (Ethics of the Fathers 2:16)

POSTED: June 5, 2020 | BY: Alan

RECAP: 2020 National Economics Challenge Finals

More than 6,600 students from 35 states across the country competed in local competitions that led into the 20th anniversary of the National Economics Challenge (NEC). Finals weekend (May 17-May 18) saw the top teams compete online for the chance to become national champions.

For the Critical Thinking Round, finalist teams had an hour each to prepare a presentation addressed the economic issues surround free college. Based on their performance in that round, the top two teams in each division battled for the championship in the Quiz Bowl Finals. This year’s emcee was Karen Finerman, Chief Executive Officer of Metropolitan Capital Advisors and panelist on CNBC’s Fast Money. The finals results:

DAVID RICARDO DIVISION:
Third place: Hunter College High School (NY)
Second place: Maggie L. Walker Governor’s School for Government and International Studies (VA)
First place/ National Champions: Mount Hebron High School (MD)

ADAM SMITH DIVISION
Third place: Pioneer High School (MI)
Second place: Conestoga High School (PA)
First place/ National Champions: Mount Hebron High School (MD)

Photos from the event:

Special thanks to our generous NEC supporters: 

SPECIAL THANKS TO OUR 2020 JUDGES 

  • Steve Buckles, Principal Senior Lecturer in Economics, Vanderbilt University 
  • William C. Dudley, Senior Research Scholar, Princeton University 
  • Benjamin Friedman, William Joseph Maier Professor of Political Economy, Harvard University 
  • Julie Heath, Executive Director, Alpaugh Professor of Economics, University of Cincinnati 
  • Tonia Kaminsky, Partner and Senior Managing Director at Shufro, Rose & Co., LLC 
  • Loretta Mester, President and Chief Executive Officer, Federal Reserve Bank of Cleveland 
  • Jane S. Lopus, PhD, DirectorCenter for Economic Education, California State University 
  • Rebecca Patterson, Co-Head of Investment Research, Bridgewater Associates 
  • Colonel Dick Rankin, Former High School Economics Teacher, NEC Coach, and President, Wounded Warrior Ohana 

POSTED: May 21, 2020 | BY: Alan

RECAP: 2020 National Personal Finance Challenge Finals

The 2020 National Personal Finance Challenge, the first online installment of the competition, began on May 1. Winning student teams from state-level competitions participated in an online multiple-choice round to determine which would advance to the case study rounds and vie for the championship. The twelve qualifying teams were:

Adrian Wilcox High School, California
Brockton High School, Massachusetts
Mount St. Joseph High School, Maryland
East Greenwich High School, Rhode Island
Hamilton Southeastern High School, Indiana
Hunter College High School, New York
Methacton High School, Pennsylvania
Palm Harbor University High School, Florida
Provine High School, Mississippi
Saint Thomas Academy, Minnesota
Texas Academy of Math & Science, Texas
Walter Payton College Preparatory High School, Illinois

On May 4, CEE held the case study rounds ocompetition. Student teams had two hours to put together a financial plan for a fictional family portfolio. Each of the twelve participating teams gave amazing presentations, and judges determined three winners:

First place/National Champions: Adrian C. Wilcox High School, Clifornia
Second place: Hamilton Southeastern High School, Indiana
Third place: Saint Thomas Academy, Minnesota

Thanks to everyone who participated – students, coaches, judges, volunteers, and especially to our signature sponsor Voya and event partner Nebraska Council on Economic Education!

POSTED: May 5, 2020 | BY: Alan