Welcome to JA BizTown

Teacher Training

JA Capstone Programs

JA BizTown – Elementary gradesJA Finance Park – Middle and High School

Capstone is the culmination of classroom study. It provides on-site experiential activities that

allow students to apply knowledge they learned in classrooms to real-world situations.

Training Objectives

By the end of training, you will understand:• The purpose of JA BizTown.• How to effectively use the curriculum.• Teacher responsibilities for a successful

student visit.• Basic operation of the on-site

simulation.

Benefits to Educators1. Lessons are easy to use.2. Minimal preparation time is

needed.3. Content is aligned with CCSS.4. Curriculum is fun, interactive, and

engaging.5. Application and extension

activities are in each lesson.

Student Goals

1. Demonstrate a basic understand of the free enterprise system.

2. Build money management skills.3. Develop an understanding of basic business practices

and responsibilities.4. Describe the role of citizenship, worker, producer,

consumer, and philanthropy in the economy.5. Display the soft skills necessary for successful

participation in the world of work.

• Teacher training• Classroom instruction• Volunteer training• Student on-site visit• Post-visit activities

Program Components

7

JA BizTown Video

JA BizTown Curriculum Basics• Financial Literacy

4 class periods• Community and Economy

3 class periods• Work Readiness

2 class periods• Business Management

3 class periods• Simulation and Debrief

JA BizTown Curriculum Materials

• Teacher Guide• Classroom Kit• Citizen Guide (workbook)• Online Resources

JA BizTown Classroom Kit

Curriculum Guide Tabs• Overview/Getting Started• Financial Literacy• Community and Economy• Work Readiness• JA BizTown Jobs• Business Management• BizPrep• Visit and Debriefing• Visit Information• Volunteer Information

Overview/Getting StartedOverview (Pages 3-6)Program Goals, Experiential Learning, Economics

Getting StartedMaterials (Pages 7-9)Lesson Format (Pages 10-16)Simulation Prep (Pages 17-20)Timeline and Checklist (Pages 20-23)Master List of Materials (Page 24)

Timeline – Implementation Option 1

Timeline – Implementation Option 2

Lesson Format – Unit Overview

Lesson Features

Lesson Features

Lesson Features

Lesson Features

Lesson Features

Lesson Features

Application/Extension Activities

Financial Literacy• Four core lessons

5 lessons in the past• Order flexibility

Before or after Community and Economy lessons

• Checks and electronic payment methods

Lesson One: Financial Institutions• Topic/Activities

Services offered by financial institutions Connecting money and accounts

• Scavenger hunt Financial services ads Banks in an Economy Poster

• Bank account application

Bank accounts

Lesson One

• Application Activities Banking Bingo – bank services (game in kit) Vocabulary Review – (in Citizen Guide)

• Extension Activities Choosing a Financial Institution - financial

institution differences (in Citizen Guide) Bank Teller Computations – money skills

(practice)

Lesson Two: Checking Accounts• Topic/Activities

Endorse a check Complete a deposit ticket Record transactions in a check register Insufficient account balance consequences

Two paychecks

Lesson Two

• Application Activities Transaction Actions – deposit tickets/checkbook

registers (in Citizen Guide) Paycheck Practice – endorsement/deposits (in

Citizen Guide)• Extension Activities

Direct Deposit – (local JA Area option) Gordon’s Bounced Check – (in Citizen Guide)

Lesson Three: Savings Accounts

• Topic/Activities Check writing Benefits of saving Earning interest on savings

$1.50 saving required

Lesson Three

• Application Activities $1 Million or Double the Pennies? (option for

Getting Started) John’s Shopping Day – check writing/register (in

Citizen Guide) Savings Plan – Inquiry based (Internet required)

• Extension Activities Rule of 72 Compound Interest

Lesson Four: Debit Cards• Topic/Activities

Debit card transactions Recording debit purchases in a check register Comparing various payment types Skill and vocabulary review

Debit cards

Lesson Four

• Application Activities Venn Diagram (compare/contrast) Let’s Go to the Bank

• Extension Activities The Debit Card Transaction (in Citizen Guide) Interest in Your Favor (Internet option) (in Citizen

Guide)

Unit Summary• Check It Out!

Continuous scenarios• Family Newsletter

Citizen Guide page• Assessment

Optional Not included in Citizen Guide

• CCSS References• Vocabulary

Community and Economy

• Three core lessons• Order flexibility Before or after Financial

Literacy lessons• Circular flow Organizing construct

Lesson One: Circular Flow of an Economy

• Topic/Activities Vocabulary Citizenship Circular flow of economy• Citizen Pledge• Lemonade Stand activity Resources Circular flow demonstrated

JA BizTown citizens

Lesson One

• Application Activities Circular Flow Game (game cards in kit) My Business (in Citizen Guide)

• Extension Activities Discovering Character Traits Code of Ethics

Lesson Two: Free Enterprise

• Topic/Activities Businesses produce goods and

services Scarcity Basic economic questions• Prototype production

Production

Lesson Two

• Application Activities What is Free Enterprise? (in Citizen Guide)

(homework option) Jim’s Popcorn Daydream (in Citizen Guide)

• Extension Activities Economic Freedoms Poster Family Resources (money cards in kit)

Lesson Three: Public Goods and Services

• Topic/Activities Gross pay vs. net pay Taxes Public vs. private goods Philanthropy

Taxes

Lesson Three

• Application Activities Word Search Public and Private Goods and

Services (in Citizen Guide)• Extension Activities

Philanthropy

Unit Summary

• Family Newsletter Citizen Guide page

• Assessment Optional Not included in Citizen Guide

• CCSS References• Vocabulary

Work Readiness

• Two core lessons• Career exploration Interests/skills• JA BizTown Jobs Tab Local jobs Elections (Application Activity) Job interviews (Application Activity)

Lesson One: Interests and Skills

• Topic/Activities Recognition of skills and interests Career types STEM careers Workplace behavior

Lesson One

• Application Activities Career Types Education Pays Off (in Citizen

Guide)• Extension Activities

Soft Skills – Teamwork Soft Skills – Problem Solving

Lesson Two: Applying for a Job

• Topic/Activities Job application Speed interviews Job interview evaluation

Lesson Two

• Application Activities Job Interviews Elections

• Extension Activities Writing a Resume Career Exploration

JA BizTown Jobs Tab

• Staffing Model• Job Descriptions• Employment Letter• Job Assignments• Classified Ads

JA BizTown Staffing Model

JA BizTown Jobs – By Business

JA BizTown Jobs – Assignments

• Fill positions based on group size

• JA staff will specify priority for “between” group sizes

• One student per line

JA BizTown Jobs – Employment

Business Management

• Three core lessons Business expenses Price setting Visit preparation

• BizPrep Tab Shop envelopes Budget Ads

Lesson One: Business Costs

• Topic/Activities Customer service Budget – operating costs Payroll

• Business Costs Sheet Business group CEO in charge

Lesson One

• Application Activities Customer Service (in Citizen Guide) Ranking Criteria (in Citizen Guide)

• Extension Activities Quality Task Committee (in Citizen Guide) BizBriefs (in Citizen Guide - businesses in

simulation)

Lesson Two: Setting Prices

• Topic/Activities Selling price Revenue Inventory Profit

Divide products into equal groups – all students have same opportunity

Lesson Two

• Application Activities Wants and Needs Business Costs and Profit (in Citizen Guide)

• Extension Activities History Connection – Inquiry-Based Lesson

(Internet required) Identity Theft

Lesson Three: Visit Preparation

• Topic/Activities Advertisements Philanthropy Pledge Checkbook Prep Friendly Letters (Extension Activity) Letter to the Editor (Extension Activity)

Lesson Three

• Application Activities Slogans and Logos Jingles

• Extension Activities Friendly Letters Letters to the Editor

Student Checkbooks• Classroom preparation

Name written on book and on checks and deposit tickets throughout

Account number on checks and deposit tickets

Student Checkbooks• Ready for first visit to the bank

First deposit ticket ready o Payroll taxes have been deductedo Cash back maximum of $2.00o Net deposito Gross pay amounts: $9.00, $8.50, and $8.00o Net pay amounts: $8.82, $8.33, and $7.84

Student Checkbooks• Deposit Ticket

Caleb Lents

April 1 15

Caleb Lents

8 82

8 82

2 00

6 82

127

Student Checkbooks

• First check and register transactions First check for savings

o $1.50 – required for each studento Pay to the order of “Bank”o Memo: savings account

Check Registero Beginning balance is $0o Two entries – net deposit and savingso Show math

Student Checkbooks• Check Register

0.00

4/1 Deposit 1 8 82 + 8 82

8 82

4/1 Bank 1 50 - 1 50

7 32

Business Startup• CFO begins working

BizPrep

Simulation Visit• 4½- to 5-hour day• Volunteers

1 – 2 per business 1 hour before

student arrival• Student Welcome

Business Startup• Students read and begin jobs

Business Startup• Pricing activity

Nothing under $1.00 Price popular items highest – record on inventory

supply sheet Consider bank loan

• Speech preparation CEOs may have opening speech template

• Printing payroll (CFO) CEO signs/checks are filed Do NOT distribute yet!

Opening Town Meeting

• Students gather in town center

• Mayor’s welcome speech

• CEO’s opening speeches

Staff Meeting #1• All students and volunteers in business

No one should be out in town!• CFO hands out first payroll check

Endorse – remove stub Tear out deposit ticket and savings check

• Remind students of break order• Remind students they must visit the

bank before shopping or eating

Work/Break Rotations #1• Three break sessions, 20 minutes each

Red – Yellow – Green• Students on break go to bank first

Teachers: help at banks• Students not on break continue to work

– follow the job simulations• As income begins to come in, CFO to

make deposits

Staff Meeting #2• CFOs pass out second payroll check• Prepare students for next bank deposit

Deposit ticket (no cash back) Enter net deposit in checkbook register

• Discuss how things are going• Remind students that on their next

break they will eat lunch and go shopping

• Remind students to record purchases in their checkbook register

Work/Break Rotations #2• Three break sessions, 30 minutes each

Red – Yellow – Green• Students on break go to bank first• Students not on break continue to work

– follow the job simulations• As income begins to come in, remind

CFO to make deposits• Assist with Closing Town Meeting speech

prep, if applicable

Business Cleanup• Final business deposits made to the

bank• Business cleanup

See list posted in business Students return uniforms, JA BizTown cash, break

buttons, etc.• Unused materials and supplies remain• CFO prints accounting report• All paperwork goes in BizPrep envelope

Including checkbooks – return to school

Closing Town Meeting• JA staff calls everyone to

town center Students bring all personal

belongings with them• Mayor leads meeting

A few, specific CFOs/others give reports/speeches

Students return uniforms, JA BizTown cash, break buttons, etc.

Reminders• Everyone brings a sack lunch

No time to “go out” for lunch Teachers cover for volunteers during breaks

• Teachers responsible for medications• Schedule transportation ASAP

Debriefing

• One core lesson Team meeting Quality business Review

Debriefing

• Application Activities Rank Your Business BizQuiz (game cards in classroom kit) Fact Tag

• Extension Activities Business Letter (in Citizen Guide)

Teacher Resources

www.juniorachievement.org/web/programs

• Video – Introduce program• Pre/Post-Test• Posters• Illustrations

Questions?

Thank You!

We’ll see you on simulation day –

Be prepared for a day of fun!