Marketing teacher Deborah Drommerhausen’s marketing class is yet again playing the ‘Allianz Life BestPrep Stock Market Game,’ which students in a virtual stock market can invest with a starting budget of $100,000. This year, Drommerhausen’s students took all five top spots, winning the entire competition.
Drommerhausen’s class took the top five spots in this year’s ‘Allianz Life BestPrep Stock Market Game.’ Each student used different strategies to succeed, showing how well they understood the stock market and applied what they learned to win the competition.
Junior Tyler Curnow said he invested in a few stocks and for most of the class. He “didn’t touch it,” letting the stocks make all the money he needed for 3rd place.
The students are given $100,000 to buy or sell stocks in the virtual stock market. Over the 12 weeks, students compete with thousands of students across Minnesota to see who can make the most money.
“We usually place one or two teams in the top five, but to have all our teams do that well? No, it doesn’t happen that often,” Deborah Drommerhausen said.
This virtual stock market game gives students a great way to practice their investing skills. The virtual stock market mimics the real one, so by the time students are out in the real world, they will have the skills to make money from investing.
Sophomore Sophia Beek said she plans to use the knowledge she learned in the game to keep investing with real money.
This is Drommerhausen’s 20th year running the ‘Allianz Life BestPrep Stock Market Game’. The game began when she reached out to its founder, a close friend, and asked to get involved. Since then, it has become a key part of her class, teaching students about the stock market.
“Finance is a huge part of marketing, doing teachers having your company do well, so that you can maybe go on in the stock market and get money,” Drommerhausen said.
The marketing class is not the only one running a stock market simulator at the school. The personal finance class also participates, but with less time and a smaller budget. Both classes give students valuable experience in the world of investing.
“It definitely helped me understand the concepts better and gave me a solid base,” said Beek, who took Personal Finance last semester.
Drommerhausen plans to continue running the ‘Allianz Life BestPrep Stock Market Game’ for as long as she is teaching. The game offers a unique experience with the stock market but also gives students the practical skills needed for real-world investing. Simulating real market conditions helps them understand financial concepts and develop strategies for managing their own money. With its focus on both education and competition, the game serves as a great tool in preparing for future financial success.
