NEWARK, N.J., Jan. 14, 2014 (GLOBE NEWSWIRE) -- New Jersey SEEDS (SEEDS), a privately funded, statewide, nonprofit organization, announced today that The NASDAQ OMX Group Educational Foundation has provided a multi-year grant to develop an intensive curriculum in business and finance for high-achieving, low-income students preparing to enter selective high schools nationwide. The curriculum will be implemented during the Capstone Experience, a three-week summer residential program for eighth graders enrolled in SEEDS' Scholars Program.
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The NASDAQ OMX Business & Finance curriculum will allow students to explore the creative and intellectual aspects of the industry. Students will learn the basics of personal finance: savings, debt, credit and credit scores, compound interest, investments and risk. Students will examine the challenges of entrepreneurship, the art and science of marketing, and the law of supply and demand. Scholars will debate the pros and cons of government regulation and explore the role of public goods (like education, transportation, parks and public safety) in modern economies. In addition, SEEDS students will each follow a NASDAQ OMX stock and have the opportunity to develop their own business plans.
"We are extremely grateful to The NASDAQ OMX Educational Foundation for enabling us to bring sophisticated concepts in business and finance to young people growing up in an increasingly competitive world," said Ronni Denes, President of SEEDS. "The opportunity for our students to learn about their own financial potential while gaining broad career awareness is a tremendous advantage."
Students will complete an in-depth study in mathematics – their key subject area – while also taking coursework in English, history and science. In addition, Scholars will participate in seminars and presentations by industry leaders and key executives.
"As a global provider of capital markets services, it is our social responsibility to help organizations like New Jersey SEEDS to provide financial education to scholars who will become tomorrow's leaders," said Lee Shavel, Chief Financial Officer and Executive Vice President of NASDAQ OMX and SEEDS Trustee. "We are proud that the NASDAQ OMX Business & Finance curriculum will be a strategic part of the SEEDS journey, preparing innovative thinkers for the future."
New Jersey SEEDS is scheduled to ring the opening bell on Tuesday, March 25, 2014 at the NASDAQ MarketSite in Times Square, NY.
For more information New Jersey SEEDS, please visit www.njseeds.org.
About New Jersey SEEDS
Since its inception more than 20 years ago, New Jersey SEEDS has provided educational access for highly motivated, low-income students and created a viable path for them to achieve their full potential. SEEDS strives for a world in which young people's initiative, creativity and intellect can flourish without regard to socioeconomic status. To date, nearly 2,000 scholars have benefited from its programs. For more information, visit www.njseeds.org.
About The NASDAQ OMX Educational Foundation:
The mission of The NASDAQ OMX Educational Foundation is to promote learning about capital formation, financial markets and entrepreneurship through innovative educational programs. It was established in New York City in 1994 and is supported entirely by contributions from The NASDAQ OMX Group, Inc.
About NASDAQ OMX Group
NASDAQ OMX (Nasdaq:NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, NASDAQ OMX enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 80 marketplaces in 50 countries, and approximately 1 in 10 of the world's securities transactions. NASDAQ OMX is home to more than 3,300 listed companies with a market value of over $7 trillion and more than 10,000 corporate clients. NASDAQ OMX Nordic is not a legal entity but describes the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm and Iceland. To learn more, visit www.nasdaqomx.com.
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about FinQloud and NASDAQ OMX's other products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX's control. These factors include, but are not limited to factors detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.
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Source: New Jersey SEEDS