interdisciplinary studies and business studies michael a. goldberg, #gd2b, february 15, 2013...

Financial Securities

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Interdisciplinary Studies and Business StudiesMichael A. Goldberg, #GD2B, February 15, 2013

Presented by Michael A. Goldberg, Martingrove CI

@MrMGoldbergFebruary 15, 2013 #GD2B

Interdisciplinary Studies and Business

Studies

(Image Source: Frazer, Daniel. http://www.hhmi.org/bulletin/dec2005/chronicle/crosstalk.html, February 13, 2013)



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Agenda

1. What is Interdisciplinary Studies?

2. Business Studies IDC Courses3. Brief Overview of the Structure

of the Business IDC Courses4. Starting-Up a Business Studies

IDC Course at Your School5. Resources & Questions


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• Definition:– “The term interdisciplinary is

used to describe an approach to learning and knowledge that integrates and benefits from the understanding and application of the approaches of different subjects and disciplines.”

– In other words, mixing two or more courses to make another.

1. What is Interdisciplinary Studies?

(Source: The Ontario Curriculum: Grades 11 and 12. Interdisciplinary Studies. MOE. Page 4.)


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• Three course codes approved by the MOE:– IDC3O– IDC4O– IDC4U (prerequisite: any 3U course)

• Course code rules– Trillium accepts only unique course

codes• Students can only take a maximum of three

IDC courses (that can be recognized as a part of their diploma)

Interdisciplinary Studies Rules


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• All three course codes (courses) have three strands:

1. Theory and Foundation2. Processes and Methods of Research3. Implementation, Evaluation, Impacts,

and Consequences

• The expectations from these strands are combined with the expectations from the contributing courses to form units of study

Interdisciplinary Studies Rules


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Why Offer an Interdisciplinary Studies Course?

• The courses (Business or otherwise) offered are much more attractive to students than traditional course offerings– Financial Securities– Sports and Entertainment Marketing– “real world” comment!

• Focus on research (ie. Thinking) sets students up for post-secondary study

• IDC courses (in Business) tend to ADD SECTIONS to Business Studies departments– Eg. Financial Securities was the most popular

grade 12 business course at MCI this year


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Why Offer an Interdisciplinary Studies Course?

• IDC courses (in Business) tend to ADD SECTIONS to Business Studies departments– Eg. Financial Securities was the most popular

grade 12 business course at MCI this year– At MCI when we first offered Financial

Securities we gained two sections!• IDC courses make your department (and

school) look more attractive– I’ve had students transfer from IB programmes

to take a wider variety of courses (like Financial Securities)

• ‘U’ Course (Financial Securities) in Business Studies!


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Interdisciplinary Studies Course - Challenges

• IDC courses often have no text book – teachers must be very resourceful

• It takes a while to develop a solid course• You need the right person teaching it• Teachers (and students) need to be

flexible– The course often runs in different ways than

a traditional course (may confuse students)– Lots of projects, less focus on tests!


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A. Financial Securities (IDC4U) derived mainly from:

• Financial Accounting (BAT4M)• Mathematics of Data Management (MDM4U)• Analysing Current Economic Issues (CIA4U)

B. Sports and Entertainment Marketing (IDC4O) derived mainly from:

• Marketing: Goods, Services, Events (BMI3C)• Entrepreneurship: The Venture (BDI3C) • Business Leadership: Becoming a Manager (BOG4E)• Business and Technological Communication

(EBT4O)• The Individual and the Economy (CIE3M)• Understanding Canadian Law (CLU3M)

2. Business Studies IDC Courses


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• Financial Securities (IDC4U)– Prerequisite: Any ‘U’ course (eg. ENG3U)– BAF3M recommended– There is a heavy emphasis on accounting– Non-accounting students can catch-up

• Sports and Entertainment Marketing (IDC4O)

– Prerequisite: none

Prerequisites


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3. Brief Overview of the Structure of the Business IDC

CoursesSports and Entertainment Marketing Units

1. Overview of Sports and Entertainment Marketing

2. The Marketing Mix – Product, Place, Price 3. The Marketing Mix – Promotion4. Sports, Recreation, Entertainment -

Consumer Behaviour5. Sports, Recreation, Entertainment –

Corporate North America6. Licensing and Sponsorship7. Event Planning8. Sports, Recreation, Entertainment – Career

Exploration


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3. Brief Overview of the Structure of the Business IDC

Courses• Financial Securities

– The course is made up of 8 units– Some teachers combine/switch

around units• There are many local variations

– Following are the units I use and some major projects


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1. Research

• Library visit• 10 Stock Research Project


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2. Macroeconomics

• Overview of Macroeconomic theories

• Study of financial disasters and what has been learned from each

• Economist/Financial Guru Profile and Presentation

Milton Friedman

Source: (http://search.nobelprize.org/search/nobel/?q=milton+friedman&i=en&x=0&y=0, December 3, 2008)


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3. Taxation

• Prepare a tax return• Use the CRA

resource Teaching Taxes

– Updated every year– Order from the CRA


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4. Financial Analysis

• Financial Statement introduction• Key Ratios (build a model)• Ratio Analysis Poster

– compare 10+ ratios of 4 companies within an industry and throw it all in a poster!


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5. Fixed Income & Equity-Based Securities (2 units combined)

• Stock market simulation-based presentation• Eg. MarketWatch Stock Market Simulation


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6. The Financial Plan (Summative Evaluation)

• Create a financial plan for a real person• Create a profile (including risk tolerance

level asset allocation mix)• Pick 4 investments• Spend 4-6 weeks tracking performance• Company report• Reflection • IEF Competition!


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7. Ethics and Investing

• Case Studies• eg. Fair Play• Guest Speakers

Source: (http://investored.ca/en/TeachersResources/fairplay/Pages/fair_play_resource_guide.aspx, December 3, 2008)


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5. Resources

• Bank of Canada http://www.bankofcanada.ca/

• Inflation Calculator http://www.bankofcanada.ca/rates/related/inflation-calculator/


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Web-based Resources

Google Finance http://www.finance.google.ca/finance


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Web-based Resources

Investor Education Fund (Chris Allum)http://www.getsmarteraboutmoney.ca/


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Web-based Resources

Learn360.com (ID & Password 048+Employee #)


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Web-based Resources

MoneySense magazine http://www.moneysense.ca/


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Web-based Resources

• SEDAR http://www.sedar.com/homepage_en.htm

• EDGAR http://www.sec.gov/edgar.shtml


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Web-based Resources

Business News Network http://bnn.ca


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TDSB Resources

– Ruth Hall, Program Coordinator Library and Learning Resources and Interdisciplinary Studies• Email Ruth: [email protected]

– Interdisciplinary Studies page on TDSBWeb• From the drop-down menu (once “Teacher” tab

selected)…– Teaching & Learning – Library & Interdisciplinary Studies– Interdisciplinary Studies

– Feedback – Ruth’s doing a survey of current IDC teachers. Find it here:• http://www.surveymonkey.com/s/B7SNHLX


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Questions?

• Thanks for your time!


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Unusual Sports Links!• Gloucestershire Cheese Rolling 2008

http://www.youtube.com/watch?v=OpzEF0D2xfE• Chess Boxing World Championship http://www.youtube.com/watch?

v=WkdOv9DCuUA• Red Bull Crashed Ice 2009 http://www.youtube.com/watch?

v=ppgw9DHYnbs• world champion rock paper scissors http://www.youtube.com/watch?

v=O2JUUFFdWpk• Unicycle hockey http://www.youtube.com/watch?

v=dEDhp_-UOYk• Foosball (Table Soccer) World Championships

http://www.youtube.com/watch?v=BSCKOMfmZsg&feature=endscreen&NR=1

• World Shin Kicking Championship 2011http://www.youtube.com/watch?v=eGXDwbzlJKw&feature=related

• Shopping Cart Racing World Championshipshttp://www.youtube.com/watch?v=c0OHmiwGI98&feature=related

• The Wife Carrying Championships – Finlandhttp://www.youtube.com/watch?v=PIB9UcA5iQU

• Aussie Rules Football! http://www.youtube.com/watch?v=0MY0vCUBg-0

interdisciplinary studies and business studies michael a. goldberg, #gd2b, february 15, 2013...

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