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The competencies for the approved course
in personal finance have been developed and are available. The State Board of Education approved an increase in the
minimum high school graduation standards that includes a required
half-unit course in personal finance. The State Board of Education
approved this policy on October 6, 2005.
The competencies were developed by an advisory committee of business
representatives; higher education officials; the Centers for
Economics Education; and teachers from the areas of family and
consumer sciences, business education, and social studies. Personnel from the Missouri Center for Career Education (MCCE- http://missouricareereducation.org/)
assisted the Department in developing the competencies.
As a starting point, teachers reviewed the personal finance
standards from the JumpStart Coalition for Personal Financial
Literacy. They also reviewed the recommended content standards and
benchmarks from the Missouri Council on Economic Education's Towards Economic and Financial Literacy: A Final Report.
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DESE Division of Career Education Program Memorandum (12/12/07) PM2007-03 – Update on Personal Finance as an Approved Career Education Course for Business and Family and Consumer Science Programs (PDF) |
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DESE Division of School Improvement Memorandum (12/12/07) Online Personal Finance Test (PDF) |
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Missouri Online Personal Finance Assessment |
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Missouri Personal Finance Curriculum Workshops (Nov. and Dec. 2006) |
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News release (10/18/2006): Schools Are Developing Required Classes in Personal Finance |
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Educational resource materials: National Endowment for Financial Education |
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Missouri Family Wage Calculator |
Division of Career Education
Phone: (573) 751-2660
Contact Division of Career Education