“We should be taught about money! Teachers should invite a banker on career day to come and speak to us about budgeting and different financial situations” Jonas W., 8th Grader
Career Exploration Opportunities, or C.E.O., is a financial literacy, career development and entrepreneurialism program created to help students learn to be self-sufficient adults, prepare them for the 21st century economy, and inspire long-term career planning. Students are taught how to budget, save, and spend wisely, as well as what it means to have credit. Investment and economic concepts are explored using virtual stock portfolios and board games. CEO connects youth with community leaders and role models from government, business, and the nonprofit sectors to learn 21st century workplace skills. Students visit local businesses and interview professionals they meet. CEO uses business school case studies to explore how principles learned in the classroom can be applied to real world business problems.
CEO also incorporates an entrepreneurialism component where students learn how to launch a business from start to finish. They’re tasked with identifying a consumer need, conducting market research, identifying competition, developing a business plan, creating a tangible product, finding investors and marketing their idea. They are also introduced to social entrepreneurship by applying business and economic theories to solve social problems. This allows students to learn hands-on business planning while positively impacting social and economic issues in their community. If you want to learn more about the initiative please take a look at “How Out of School Time Programs Can Support the Nation’s Economic Recovery” by Aaron Dworkin