Campbell University

05/07/2024 | Press release | Distributed by Public on 05/07/2024 18:18

School of Business hosts Economic & Personal Finance Institute

School of Business hosts Economic & Personal Finance Institute

July 5, 2024

Campbell University's Lundy-Fetterman School of Business, in partnership with the North Carolina Council on Economic Education (NCCEE), hosted the annual Economic & Personal Finance (EPF) Institute from June 24-28 in Raleigh. This intensive week-long program brought together twelve high school teachers and three master teachers from across North Carolina, representing 10 counties and various school districts.

The EPF Institute responds to recent state mandates requiring high school students to pass a course in economics and personal finance for graduation, beginning with the Class of 2024. As of 2024, 35 states have implemented similar requirements, a significant increase from just twelve states in 2022.

"We are proud to host such a crucial program that benefits North Carolina teachers and their students," said Campbell Business Dean Kevin O'Mara. "Financial literacy is vital for everyone, and we commend these teachers for dedicating their summer to enhancing their skills."

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Led by master teachers, the workshop was highly interactive and case oriented. It covered all EPF Standards and utilized diverse online resources including ECON Ed Link, Ted Talks, NPR for Economics, and the Stock Market Game. Virtual guest speakers and a panel from the financial services industry complemented the lectures, providing practical insights and enhancing professional development.

Upon completion, participants earn a professional development certificate and gain access to comprehensive lesson plans and digital resources for use in their classrooms.

Since June 2020, NCCEE has invested $743,850 in North Carolina teachers, along with $45,353 for substitute teacher reimbursements. These funds supported the training of 1,805 educators through the 40-hour EPF Institute (95% of the attendees passed the test of Economic Literacy and 90% obtained the W!se Financial Literacy Certification), benefiting approximately 309,810 students annually, especially those in schools with low to moderate income populations.

"I am proud of Campbell University's pivotal role in helping with certifying teachers statewide in partnership with NCCEE," said Dr. Shahriar Mostashari, Director of the Center for Financial Literacy & Economic Education (CFLEE) at Campbell Business. "Our campuses in Buies Creek and Raleigh have been exceptional hosts, underscoring our commitment to advancing economic education and financial literacy."

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About the Center for Financial Literacy & Economic Education (CFLEE)

Located within Campbell Business, the CFLEE is part of a national network affiliated with the Council for Economic Education. Its mission is to promote financial literacy and economic education in greater Harnett County and surrounding regions. The center collaborates with Campbell's School of Education & Human Sciences and the College of Arts & Sciences to provide K-12 educators with programs and outreach initiatives. Serving as an information hub, CFLEE offers free educational resources to Campbell stakeholders, empowering informed decision-making for economic well-being.

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