Creating Assignments On HowTheMarketWorks
Have you ever wanted to make sure your students are following the class, but don’t have the class time to walk them through every step? HowTheMarketWorks has your back! Our Assignments feature makes it easier than ever to keep your personal finance, investing, economics, or social studies class engaged, and keep track of your whole class all in one place!
- 1 What Is An Assignment?
- 2 What can I add to my class Assignments?
- 3 Great! How do I create an Assignment?
- 4 How Can My Students Follow Their Progress?
- 5 How can I track my students’ progress?
- 6 Great! But what if I want to have my students do different assignments throughout the semester?
- 7 Can I remove an Assignment?
What Is An Assignment?
An assignment is a list of tasks that you can add to your tournament. Some of the tasks are purely educational (like reading an article about what a Stock is), some are instructive to HowTheMarketWorks (like watching a video on how to trade mutual funds in their virtual portfolio), and some are purely experiential (place 10 stock trades, or use our Compound Interest Calculator to solve a quiz).
Regardless of the type of assignment, once you create it, all your student’s progress will appear on your Report Card for this assignment, and your students can see all their tasks (and their own progress) on their “My Portfolio” page. You can also have more than one assignment at a time, it is not limited to one assignment per class contest.
If you haven’t already, Click Here to create your own custom stock contest! You can add our recommended assignment right away, or create your own later.
What can I add to my class Assignments?
When you create your assignment, you can choose one of our recommended “Defaults” (Economics, Personal Finance, Business, Social Studies, or Math), or create your own from scratch. If you choose one of the defaults, you can still tweak it so it fits your class perfectly.
Here is the current list of Assignment tasks, but we are adding more over time based on teacher feedback.
There are 3 types of assignment items: Quizzes, Videos, and Trading. If you would like an answer key with all the questions, answers, and descriptions for the quizzes, please use the live chat on this page, use our Contact Us support form, or send us email (firstname.lastname@example.org) to request it from our support team. We need to verify you are actually a teacher to send you the answer key, but this takes just a few seconds.
Read Articles – Quizzes
- What is a Stock? (View Article)
- What is the New York Stock Exchange? (View Article)
- Why Is It Called “Wall Street”? (View Article)
- What Is The Dow-Jones Industrial Average? (View Article)
- Why Invest In The Stock Market? (View Article)
- What is a Ticker Symbol? (View Article)
- Getting And Understanding Stock Quotes (View Article)
- What is an Income Statement? (View Article)
- What is a Balance Sheet? (View Article)
- What is an ETF? (View Article)
- What is a Mutual Fund? (View Article)
- How To Choose Stocks To Buy? (View Article)
- Building A Diversified Portfolio (View Article)
- Fractions, Percentages, and Ratios in the Stock Market (View Article)
- Using Excel to Track Your Stock Portfolio (View Article)
- Major Economic Indicators (View Article)
- Supply And Demand Examples In The Stock Market (View Article)
- Comparative Economic Systems (View Article)
- Stock Market Crash of 1929 (View Article)
- What Is The Federal Reserve? (View Article)
- Credit – Using Borrowed Money (View Article)
- Credit Reports (View Article)
- Finding Stocks In Specific Sectors (View Article)
We also have over 600 articles and glossary terms in our Education Center that are designed specifically for students who are learning the basics of personal finance and investing, plus some resources for people trying to start investing on their own.
Learn About The Site – Videos
All of these items have students watch videos about using HowTheMarketWorks. These videos are great if you don’t have a lot of class time to walk your class through every part of the site; instead you can have them watch these videos as a homework assignment. The videos that are part of assignments include:
- Navigating The Site (this is the longest video, it covers all the different pages and some of the tools we have for students)
- Trading Stocks
- Trading Mutual Funds
- Managing Your Portfolio
- Investment Research
Building Your Portfolio – Trading
- Buy US Stocks
- Buy Mutual Funds
- Place a Market Order
- Place a Limit Sell Order
Personal FInance Calculators – Quizzes
There is a lot more to HowTheMarketWorks than just trading! We also have a collection of personal finance calculators, and you can make using these part of your class assignment. Each quiz has a short, 5 question quiz at the end that can be answered using the calculator, if your students get all 5 questions right they will receive credit for the quiz. The quizzes and calculators include:
- Compound Interest
- Investment Return
- Saving to be a Millionaire
- Home Budgeting
- Credit Card Payments
- Buy Vs Lease
- Car Loans
- Net Worth
If you think there are other calculators, or better questions that we should have, please Contact Us and we will make it happen!
Advanced Trading – Trading
Once your students have used the site for a short while, these are the last items they will look at finishing.
- Short a Stock
- Buy Canadian stocks
- Place a Good-Till-Cancel order
- Make X number of total trades
Great! How do I create an Assignment?
You can create your assignment on the My Contests page, just click “Manage Assignments” to get to the assignment administration for your contest:
On the Manage Assignments page, click “Create New Assignment”. Make sure you have the right class selected!
From here, you need to give your assignment a name, then choose which items to include and how many. You can also set the “Start” and “End” dates – your students will only be able to make progress on the assignment between these dates (but you can see their progress even after the end date).
We have recommended default values in place based on teacher suggestions, but feel free to tailor your assignment to your class’s needs!
How Can My Students Follow Their Progress?
Once you have created an assignment, your students will have a progress bar on their My Portfolio page
By clicking “Click Here To View Assignments” they will get a list of their assignments, along with details about what they need to do to finish that task:
How can I track my students’ progress?
Once your students have started completing items, its easy to follow who has done what! Back on your “Manage Assignments” page, just open up the “Report Card” to get an overview of the entire class. Be sure to select the right contest and right assignment:
You can see each student’s individual progress on each assignment item by clicking “Details”:
You can also export your entire class’s progress to Excel.
Great! But what if I want to have my students do different assignments throughout the semester?
You can create as many new assignments as you want in the same contest! Just create a new assignment and give it a new name, and it will start tracking a whole new set of tasks! This way you can have your students read some articles, watch some videos, and place a few trades one week, then read different articles, use some calculators, and place more trades the next week.
If you have more than one assignment active at a time, your students can switch between them at the progress bar on the right side of each page.
Note: If you have more than one contest active at a time, your students’ actions will only save to their active assignment (the one they have set on their Open Positions page). This means that no actions will count for 2 assignments at once.
Can I remove an Assignment?
Sure! If you want to remove an assignment because you made a mistake while creating it, or its “due date” has passed, simply go to your “Manage Assignments” page and select “View Assignment”, which is the middle tab:
Make sure that you have the correct assignment selected, then click “Remove Assignment” at the bottom of the page.
Once an assignment has been removed, it cannot be recovered. This means that the report card and all students’ progress will be lost, so make note of it before removing an assignment.
If you have questions about the upcoming assignments, use the chat menu at the bottom of the screen to ask our support staff!