Lesson Plan Careers in Financial Management and Investment Planning Course Title: Money Matters Lesson Title: Careers in Financial Management and and Investment Planning Specific Objective: Research and identify the jobs that correspond with the field of financial and investment planning. Performance Objectives: The student will: Prepare a report (using MLA format) using research materials accessed from the Internet. Prepare and present a multimedia presentation. Time: Instruction time: Greater than 120 minutes Preparation TEKS: 130.162.(c)(1)(c) Occupational Correlation (O*Net http://www.onetonline.org/) 13-2052.0 - Personal Financial Advisors Similar titles: Financial Advisor, Portfolio Manager, Financial Planner, Account Executive, Registered Representative, Investment Advisor, Financial Consultant, Financial Counselor, Analyst, Certified Financial Planner (CFP) Tasks: Sell financial products such as stocks, bonds, mutual funds, and insurance if licensed to do so. Build and maintain client bases, keeping current client plans up-to-date and recruiting new clients on an ongoing basis. Analyze financial information obtained from clients to determine strategies for meeting clients' financial objectives. Answer clients' questions about the purposes and details of financial plans and strategies. Review clients' accounts and plans regularly to determine whether life changes, economic changes, or financial performance indicate a need for plan reassessment. Interview clients to determine their current income, expenses, insurance coverage, tax status, financial objectives, risk tolerance, or other information needed to develop a financial plan. Recommend strategies clients can use to achieve their financial goals and objectives, including specific recommendations in such areas as cash management, insurance coverage, and investment planning. Implement financial planning recommendations or refer clients to someone who can assist them with plan implementation. Research and investigate available investment opportunities to determine whether they fit into financial plans. Explain and document for clients the types of services that are to be provided, and the responsibilities to be taken by the personal financial advisor. 1
Materials Needed: One copy per student of: Careers in Financial Planning Careers in Financial Management & Investment Planning Project Rubric for Multimedia Project Financial Management Careers Informational Interview Questions Equipment Needed: Computer with internet access Presentation software Word processing software Interactive whiteboard, dry erase board, etc. Learner Preparation: Knowledge of MLA style reports (provide MLA handout to students). Knowledge of presentation and word processing software Students should be familiar with accessing the Internet Teacher should be familiar with jobs in the financial management and investment planning fields. Introduction: Start a discussion on the many careers available in the financial and investing field. Teaching Strategies: Put students into groups of two. Assign each group a career to research from the Related Jobs handout or of your choice. Make copies of handout Careers in Financial Management and handout MLA Format for students to use in preparing their reports and multimedia presentations. Have students use the Internet to research and gather information needed to complete career project. (Bureau of Labor Statistics). This site has a copy of the Occupational Outlook Handbook that can be used to research careers links specifically to Business and Financial Occupations. Assessment: Students will be graded on presentation and report based on rubrics provided. Resources: Textbook: Intro to Business 5th Edition Glencoe--Unit 7, Unit 9, Unit 10, Unit 11 Intro to Business 7th Edition Cengage--Unit 2, Unit 4 Managing Your Personal Finance 5th Edition Cengage--Unit 1, Unit 3, Unit 4, Unit 6www.dallasfed. Websites: "ALEX Lesson Plan: Exploring Financial Management Careers.." ALEX Alabama Learning Exchange. N.p., n.d. Web. 23 May 2012. <http://alex.state.al.us/lesson_view.php?id=24806>. Month. "Business and Financial Occupations : Occupational Outlook Handbook : U.S. Bureau of Labor Statistics." U.S. Bureau of Labor Statistics. N.p., n.d. Web. 23 May 2012. <http://www.bls.gov/ooh/business-and-financial/home.htm>. Outline 2
Outline (LSI Quadrant II): Instructors can use the multimedia presentation, slides, handouts, and presentation notes pages in conjunction with the following outline. MI Outline Notes to Instructor A. Introduction Start a discussion on the many careers available in the financial and investing field (see Related Jobs handout). B. MLA Format Distribute copies of MLA Format handout for students to use in preparing their reports and multimedia presentations. C. Related Jobs Assignments Put students in groups of two. Assign each group a career to research from the Related Jobs handout. D. Research Have students use the Internet to research and gather information needed to complete career project. 3
E. Career presentations Students deliver presentation on career choice using multimedia software and/or interactive whiteboard. F. Blog After presentation, have students blog about what job/career interests them and explain their plan for pursuing this career. (This website allows students to blog and share with others their thoughts about what they have learned in class. Students create an account for themselves. This site is free.) Verbal Linguistic Logical Mathematical Visual Spatial Musical Rhythmic Bodily Kinesthetic Intrapersonal Interpersonal Naturalist Existentialist 4
Application Guided Practice (LSI Quadrant III): Students will work in groups of two to research a financial management career. They will report their findings through the use of word processing software in MLA format and multimedia presentation software. Students will then deliver their presentation on the chosen career. Summary Review (LSI Quadrants I and IV): Following reports and presentations, students will blog about what job or career interests them and explain their plan for pursuing this career. Informal Assessment (LSI Quadrant III): Evaluation Circulate through classroom and observe groups as they work to monitor participation of all group members. This group project will allow students to work cooperatively with another student and share the knowledge learned in the group with others in the class. Formal Assessment (LSI Quadrant III, IV): Students will be graded on presentation and report based on rubrics provided. Extension Extension/Enrichment (LSI Quadrant IV): Have students talk to someone about their career. Instruct students to prepare three or four questions for this informational interview. (Provide handouts of Informational Interview Questions.) 5
Careers in Financial Management & Investment Planning Project You will be paired with a partner to complete this project. You will pick a career from the field of Financial Management & Investment Planning and prepare a report and multimedia presentation to be presented to the class. Report: Use the MLA style report. Include the following information in your report. Make sure that you provide a hard copy of your internet references for the teacher. Job title Job description Education requirements Certification requirements Employment outlook Earnings include high, median, and low ranges Skills required Personality traits needed Responsibilities Related occupations Multimedia presentation: Your slides should include: Introduction including the career chosen, student s name, class and date A slide for each bullet under Reports Conclusion Both students are required to have a part in the presentation to the class. Practice your slide progressions and avoid unnecessary bells and whistles. You will be graded on format, grammar and content of your report. For your presentation you will be graded on content, delivery, slide progression, creativity and speech. (50pts each part, for a total of 100 pts) 6
Careers in Financial Planning 1. Financial planner 2. Financial manager 3. Financial analyst 4. Comptroller/controller 5. Risk manager 6. Cash manager 7. Treasurer 8. Chief Financial Officer 9. Certified Public Accountant 10. Certified Management Accountant 11. Brokerage clerks 12. Investment advisors 13. Tax preparer 14. Securities and Commission sales agent 15. Asset manager 7
MLA FORMAT General Guidelines Type your paper on a computer and print it out on standard, white 8.5 x 11-inch paper. Double-space the text of your paper, and use a legible font like Times New Roman or Courier. The font size should be 10-12 pt. Leave only one space after periods or other punctuation marks (unless otherwise instructed by your instructor). Set the margins of your document to 1 inch on all sides. Indent the first line of a paragraph one half-inch (five spaces or press tab once) from the left margin. Create a header that numbers all pages consecutively in the upper right-hand corner, one-half inch from the top and flush with the right margin. (Note: Your instructor may ask that you omit the number on your first page. Always follow your instructor's guidelines.) Use either italics or underlining throughout your essay for the titles of longer works and, only when absolutely necessary, providing emphasis. If you have any endnotes, include them on a separate page before your Works Cited page. Formatting the First Page of Your Paper Do not make a title page for your paper unless specifically requested. In the upper left-hand corner of the first page, list your name, your instructor's name, the course, and the date. Again, be sure to use double-spaced text. Double space again and center the title. Don't underline your title or put it in quotation marks; write the title in Title Case, not in all capital letters. Use quotation marks and underlining or italics when referring to other works in your title, just as you would in your text, e.g. o Fear and Loathing in Las Vegas as Morality Play o Human Weariness in "After Apple Picking" Double space between the title and the first line of the text. Create a header in the upper right-hand corner that includes your last name, followed by a space with a page number; number all pages consecutively with Arabic numerals (1, 2, 3, 4, etc.), one-half inch from the top and flush with the right margin. (Note: Your instructor or other readers may ask that you omit last name/page number header on your first page. Always follow their guidelines.) Following is a sample first page of an essay in MLA style: 8
Cite the Purdue OWL in MLA: Entire Website The Purdue OWL. 26 Aug. 2008. The Writing Lab and OWL at Purdue and Purdue University. 23 April 2008 <http://owl.english.purdue.edu>. Individual Resources Purdue OWL. "MLA Formatting and Style Guide." The Online Writing Lab at Purdue. 10 May 2008. Purdue University Writing Lab. 12 May 2008 <http://owl.english.purdue.edu/owl/resource/557/01/>. 9
Rubric for Multimedia Project : Financial Management Careers Name: Date: Period: CATEGORY 4 3 2 1 Presentation Well-rehearsed with smooth delivery that holds audience attention. Rehearsed with fairly smooth delivery that holds audience attention most of the time. Delivery not smooth, but able to maintain interest of the audience most of the time. Delivery not smooth and audience attention often lost. Requirements All requirements are met and exceeded. All requirements are met. One requirement was not completely met. More than one requirement was not completely met. Organization Content is well organized using headings or bulleted lists to group related material. Uses headings or bulleted lists to organize, but the overall organization of topics appears flawed. Content is logically organized for the most part. There was no clear or logical organizational structure, just lots of facts. Originality Product shows a large amount of original thought. Ideas are creative and inventive. Product shows some original thought. Work shows new ideas and insights. Uses other people's ideas (giving them credit), but there is little evidence of original thinking. Uses other people's ideas, but does not give them credit. Sources Source information collected for all graphics, facts and quotes. All documented in desired format. Source information collected for all graphics, facts and quotes. Most documented in desired format. Source information collected for graphics, facts and quotes, but not documented in desired format. Very little or no source information was collected. Mechanics No misspellings or grammatical errors. Three or fewer misspellings and/or mechanical errors. Four misspellings and/or grammatical errors. More than 4 errors in spelling or grammar. 10
INFORMATIONAL INTERVIEW QUESTIONS 1. How did you get your current job? 2. In what ways do you find your work most satisfying? 3. What are your main frustrations? 4. What tasks and activities are required in your work? 5. What are the most important qualifications for working in this field? 6. What advice would you give a young person who is thinking about this type of work? 11