About Business Class
As you may have seen earlier, certain grades now have a new class included in their schedule called “Business”. Speciﬁcally, grade 6,7, and 8 will now have a simple introduction to business taught by Eugene Sergeyev (me). This course is not part of the curriculum therefore there will not be a ﬁnal examination at the end of this semester. On the other hand, there will be simple homework provided to the students once every week or two.
Every class has one hour of business per week, which is not a lot, therefore students who wish to participate and learn about the business world and about the way a company operates on an inner and exterior level are required to pay maximal attention. Every student must also bring their notebook to every class which was provided during the ﬁrst lesson. The notebook is required to take notes and write certain information that has to be retained by the students.
Students will learn about the basics of ﬁnance, marketing strategies, capital growth, types of businesses, stakeholders vs. shareholders, and goods vs. services. After all of this is covered, students should freely be able to hold a conversation and have basic understanding of a company and its operations.
Since there is no ﬁnal exam in this course, if there is sufﬁcient time at the end of the semester, I will provide students with the opportunity of starting their own public corporation in groups! This includes them thinking of a realistic product to sell (Whether it is a good or service), gaining capital through the sale of company shares, creating a marketing plan, projected sales, and ﬁnally selling the product over the course of three consecutive days. The end goal is to raise the share price to satisfy our shareholders.
This project will also be for students to learn a little bit about non-proﬁt organizations. This will happen during the ﬁnal project, as they will contribute 50% of their ﬁnal proﬁts to their preferred non-proﬁt organization!
Essentially, students will come out of this class with a little bit of hands-on experience in the entrepreneurship ﬁeld, and be a little more aware about the option of business as a career and the career of their parents.