FINANCIAL ANALYST: IT’S ALL ABOUT THE MONEY
LESSON PLAN OVERVIEW
Career: A Financial Analyst can help individuals and companies in many aspects of money, including investing money to make more money and evaluating trends. Financial analysts are also responsible for tracking a company's financial situation.
Lesson: This lesson will introduce students to the career of a Financial Analyst by learning the basics of money. Students will learn to recognize and identify the value of different denominations. Students will also learn the link between money and the ability to make purchases. Students will learn to recognize and identify coins and bills and how to add and subtract using money
Grade Level: Elementary Grades
Learning Objectives:
〉 Students will explore the role of a Financial Analyst through the recognition and value of money.
〉 Students will identify different denominations of money and add and subtract money.
〉 Students will learn the connection between money and buying goods and services through role playing.
〉 Students will gain an insight into the Financial Analyst career, including common job tasks, salary, career pathway, and credentials required to perform the job.
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and Subtracting
〉 Sample currency: pennies, nickels, dimes, quarters, one-dollar bill, etc.
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TEACHER GUIDE
Lesson Instructions: This lesson plan will help you demonstrate to students common skills and procedures used in the financial services profession. Begin the lesson by reading the Class Message below to your students, then have them watch the recommended Video Introduction. Afterwards, facilitate discussion with the Class Questions listed.
After the discussion, students will work on the included activities. Each activity has a printable worksheet with student instructions and areas to record their work. Have students read their worksheets before beginning each activity.
You should also familiarize yourself with the student worksheets to help demonstrate any procedures and help facilitate the ending activity discussion .
Class Message: Today we are going to explore the career of a Financial Analyst. We will discuss some common tasks, like recognizing and understanding the value of money and why we need money to buy things.
Let’s watch this brief video to better understand the role of a Financial Analyst and how they affect our everyday lives
Class Discussion Questions:
〉 Today, we are going to learn about money, do any of you know what money is?
〉 Have some of you received money as a gift for your birthday or a holiday?
〉 If so, did you spend the money to buy something or did you save the money?
〉 What are some things you can buy using money?
Activities Overview: This lesson plan includes two student activities. Activity #1 demonstrates students’ recognition and understanding of the value of money. Activity #2 challenges students to demonstrate their understanding of money by role playing using money to make purchases
Activity #1: Identifying, Adding, and Subtracting Money
This activity will demonstrate students’ recognition and value of money.
Activity Instructions:
〉 Hand out the student worksheet
〉 Review the worksheet and read the activity Introduction and Description to the students.
〉 Show students real money and tell them the value (penny, nickel, dime, quarter, one-dollar bill) Say, “5 pennies equal one nickel, 2 nickels equal one dime, etc.) and pass the money around so they can recognize each coin and bill.
〉 Walk students through the instructions for the Activity.
〉 Have students complete the activity individually.
〉 After completion, facilitate discussion questions for this activity.
Activity #2: Let’s Go Shopping!
Activity Instructions:
This activity enables students to see the link between the need for money to purchase goods and services
〉 Hand out the student worksheet.
〉 Setup an area in the classroom as the Store with items for sell with price tags (use everyday items in the classroom (pencils, crayons, etc. for activity only – not to keep) or purchase inexpensive toys or candy that students can keep.
〉 Students will role play selecting items and using their play money to pay - if they exceed the dollar amount, they have to adjust their purchase.
〉 Facilitate introduction of activity.
〉 Walk students through the instructions for the Activity.
〉 After completion, facilitate discussion questions for this activity.
CAREER INSIGHT
Career Highlight: This lesson plan highlights some of the skills a Financial Analyst uses on a daily basis to assist customers with saving or spending money. See Employers in My Area section to contact businesses and organizations in your area about classroom demonstrations, on-site visits, or other additional career exposure opportunities
Featured Career: Financial Analyst
Career Descriptions: A Financial Analyst advises individuals and companies on investing their money to earn more money
Other Names for this Career: Planning Analyst, Portfolio Manager, Real Estate Analyst, Analyst, Securities Analyst, Financial Analyst, Credit Products Officer, Trust Officer, Investment Analyst, Equity Research Analyst
STANDARDS ALIGNMENT
Mathematics Standards
〉 Identify the penny, nickel, dime, and quarter and recognize the value of each.
〉 Count to 100 by ones, fives, and tens. Count backward from 10.
〉 Count forward beginning from a given number within the known sequence (instead of having to begin at 1).
〉 Count the value of a set of like coins less than one dollar using the ¢ symbol only.
〉 Solve contextual problems involving dollar bills, quarters, dimes, nickels, and pennies using ¢ and $ symbols appropriately.
〉 Count to 120, starting at any number. Read and write numerals to 120 and represent a number of objects with a written numeral. Count backward from 20.
EDUCATOR RUBRIC
ITEM Does Not Meet Expectations Meets Expectations Exceeds Expectations
Following Instructions
Identifying Coins
Student could not or would not follow along with the instructions, thereby impacting the class.
Student could not properly identify all coins at the end of the activity.
Student followed instructions and completed the activity in the stated timeline.
Student could identify all coins at the end of activity
Student followed instructions, completed the activity in the stated timeline and exhibited leadership.
Student easily identifies coins.
Using Money
Student struggled to add money to correct amounts.
Student was able to add coins and dollar bills to make correct amounts.
Student was easily able to add coins and dollar bills to make correct amounts.
Team Work Did not work well with teammate Worked well with teammate Worked well with teammate and exhibited leadership.
ACTIVITY #1: IDENTIFYING, ADDING & SUBTRACTING MONEY
Introduction: Recognizing different amounts of money and their value is very important in order to purchase items and services that are needed in your everyday life. You need money to purchase candy or a toy in a store. You need money to go to the movies or out to eat at a restaurant. Today, everywhere you go, you need to understand and know the value of money
Activity Description: Today, we are going to identify the different types of coins and bills and learn the value of money by adding and subtracting
Activity Procedure: Complete the worksheet by identifying the value of each coin and bill and adding and subtracting money amounts.
o
o
o a penny
o a nickel
o a dime
o
o a twenty-dollar bill
o a ten-dollar bill
o a five-dollar bill
o a one-dollar bill
How many pennies is this?
Write the amount in cents:
How many nickels is this?
Write the amount in cents:
How many dimes is this?
Write the amount in cents:
How many quarters is this?
Write the amount in cents:
How many one-dollar bills is this? ________
Write the amount in dollars: ________
You have which item can you buy?
You have which item can you buy?
Activity Discussion:
〉 Go through the Worksheet item by item and say, “What coin is this? What was the answer to this problem? Which item did you purchase? Continue until all items are covered.
〉 What are some places you go that require money? Do you know how much it cost to go to the movies? Go out to eat?
〉 Do any of you earn money at home? If so, do you have to do chores around the house – like pick up your toys, clean your room, pick up dirty clothes?
ACTIVITY #2: LET’S GO SHOPPING!
Introduction: Now that you can identify money and know the value of money, we are going to pretend shop in our imaginary Classroom Store!
Activity Description: Students will cut out the play money to use for purchasing items in the pretend Classroom Store
Activity Procedure:
〉 Cut out the play money.
〉 Take turns buying items in the Classroom Store
Activity Discussion:
〉 What did you enjoy most about this activity? Which items did you buy and why?
〉 Did you spend all of your money? If you saved some of your money, why?
〉 If you enjoyed these activities and working with money and math, a career as a Financial Analyst may be of interest to you in the future?
