My Finance Class

Welcome to My Finance Class, the official website for Financial Services and BPA at Northwest High School.

BPA Competitions!

  

  

Your first step toward a successful future in business & finance starts right here ...

  

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TORCH AWARDS 

Business Professionals of America's Torch Awards Program frames and guides a BPA member's leadership and service to their chapter and community. Students complete activities in the seven Torch categories:

Leadership; Service; Cooperation; Knowledge; Friendship; Love, Hope, Faith; and Patriotism--then log their activities in an online Torch Resume.

Each activity is worth 5, 10, 15, or 20 points. When a student achieves a certain number of points for each category, his/her advisor or local reviewer can submit the resume online to be reviewed for recognition. All students completing a satisfactory resume will be awarded.

The link to the online resume system for the Torch Awards Program is:

www.registermychapter.com/bpamem

For more information on the Torch Awards Program, visit the following page on the BPA website:

 www.bpa.org/service/torch

The official Torch Awards Handbook is available for download here:

Torch Awards Handbook

 

Torch Awards

Executive Torch Award

Local Level
 

The Executive Torch Award requires 10 points in each Torch category. An Executive is defined as "a person having administrative or managerial authority in an organization."

 

Diplomat Torch Award

Regional Level
 

The Diplomat Torch Award requires 30 points in each Torch category. A Diplomat is defined as "one skilled with tact in dealing with people."

 

Statesman Torch Award

State Level
 

The Statesman Torch Award requires 50 points in each Torch category. A Statesman is defined as "one who is a leader in the promotion of the public good and in national affairs."

Ambassador Torch Award

National Level
 

The Ambassador Torch Award requires 70 points in each Torch Category. An Ambassador is defined as "a diplomatic official of the highest rank appointed and accredited as representative of the organization."

 

Competitions

All members are encouraged to participate in BPA competitive events. In fact, the WSAP Competitive Events program is the biggest cog of what makes BPA tick. Students prepare for and compete in contests in over 50 categories, under the six broad areas of Finance, Business Administration, Management Information Systems, Digital Communication & Design, Management, Marketing & Communication, and Health Administration. Students begin with a Regional competition. The top qualifiers compete at State conference, and finally, those deemed the best of the best compete at the National Leadership Conference in May of each year. Competitions range from individual to team, from objective tests to judged presentations. Each one helps students prepare to be part of an effective, skilled national workforce.


WSAP

IMPORTANT DOCUMENTS

FINANCE EVENTS

Fundamental Accounting [ 100]

TESTED INDIVIDUAL (Written Test)  ***ACCOUNTING KNOWLEDGE REQUIRED***
 

Assessment of entry-level basic accounting principles utilizing manual procedures. Students analyze, journalize, and post transactions and prepare financial reports/statements. You may not repeat this event. 

Advanced Accounting [ 110]

TESTED INDIVIDUAL (Written Test)  ***ACCOUNTING KNOWLEDGE REQUIRED***
 

Interpret and analyze sole proprietorships, partnerships, and corporate financial accounting data using manual methods. VERY CHALLENGING.

Payroll Accounting [ 125]

TESTED INDIVIDUAL (Written Test)  ***ACCOUNTING KNOWLEDGE REQUIRED***
 

Process payroll data using manual payroll procedures. Students calculate gross earnings, complete payroll register, post employee records, and prepare payroll income tax forms. 

Banking & Finance [ 145]

TESTED INDIVIDUAL (Written Test)
 

Demonstrate and apply fundamental knowledge of the banking industry. This entry-level event tests the student‘s knowledge of bank operations, bank services, loans, credit administration, and customer service.

Financial Analyst Team [ 150]

JUDGED TEAM (Report, Spreadsheet, Presentation)
 

Use analytical and problem solving skills to make decisions and recommendations using financial reports, both internal and external. The team analyzes and interprets reports from a business case study. At state and national level, teams will be presented with an additional element to the scenario that requires revision of their final presentation. 

2021 TOPIC: The Stock-Up Paper Co. was started as a small, private corporation in 2000 in the Scranton, Ohio area. Scott, the Founder and CEO, began by selling paper products to local businesses with just three employees. Over the past twenty years, the company was so successful at selling paper products that they began selling all office products; by 2020, the Stock-Up Paper Co. was a leading distributor of all office products in the Ohio region. The Stock-Up Paper Co.’s CEO, Scott, has hired your firm to further analyze the company’s business activities and make recommendations about how to reverse their recent profit slide. Your presentation should include, but is not limited to, Stock-Up’s current financial position and your specific recommendations to improve profitability. See contest details for more info, including financial data.

Economic Research Project Individual [155]
JUDGED INDIVIDUAL (Typed Research Paper; PowerPoint Presentation)
 

The student will conduct research on the topic below and present findings in a research paper, an oral presentation, and respond to questions from a panel of judges.

2021 TOPIC: Using traditional Keynesian economic models, research and analyze the effects of COVID-19 on unemployment in the US and the government’s response. See contest details for more info.

Economic Research Project Team [ 160]

JUDGED TEAM (Typed Research Paper; PowerPoint Presentation)
 

The team will conduct research on the topic below and present findings in a research paper, an oral presentation, and respond to questions from a panel of judges (2-4 students in a team).

2021 TOPIC: A balance of trade is the difference between the United States’ exports and imports in a given year. This balance of trade can be a surplus or a deficit depending on the time and market. Both a surplus and a deficit are favorable and unfavorable simultaneously depending on who you ask. Research the recent history of the United States’ balance of trade and discuss who the “winners” are and who the “losers” are. What, if anything, should be done to “correct” the balance of trade? See contest details for more info.

Personal Financial Management [ 165]

TESTED INDIVIDUAL (Written Test)
   

Contestants will answer objective questions dealing with concepts and perform calculations related to the financial topics of credit, saving, investing, personal income tax, risk management and insurance, and retirement planning. Contestants will analyze financial scenarios to predict outcomes, advise use of financial instruments and determine the proper financial planning.

     

BUSINESS ADMINISTRATION EVENTS

Fundamental Word Processing Skills [ 200]

TESTED INDIVIDUAL (Word)
 

Evaluate fundamental skills in word processing and document production. You may not repeat this event. Formerly called "Keyboarding".

Intermediate Word Processing Skills [ 205]

TESTED INDIVIDUAL (Word)
 

Evaluate intermediate skills in word processing and document production. You may not repeat this event. Formerly called "Fundamental Word Processing Skills".

Advanced Word Processing Skills [ 210]

TESTED INDIVIDUAL (Word)
 

Evaluate advanced level skills in word processing and document production.

Basic Office Systems & Procedures [ 220]

TESTED INDIVIDUAL (Word, Written Test)
 

Evaluate fundamental skills in office procedures, records and file management, and document production. You may not repeat this event.

Advanced Office Systems & Procedures [ 225]

TESTED INDIVIDUAL (Word, Written Test)
 

Evaluate advanced skills in office procedures, records and file management, and document production.

Fundamental Spreadsheet Applications [ 230]

TESTED INDIVIDUAL (Excel)
 

Create and design spreadsheet applications that include variables, reports, and formats. Students enter and format data, enter and copy formulas, and print full documents or cell contents. You may not repeat this event.

Advanced Spreadsheet Applications [ 235]

TESTED INDIVIDUAL (Excel)
 

Develop effective solutions to business problems using many of the advanced features within the Microsoft Excel skill standards for the MOS Spreadsheet Expert Exam.

Legal Office Procedures [ 245]

TESTED INDIVIDUAL (Word and Written Test)
 

Evaluate knowledge of legal terminology and skills needed to prepare legal documents and function effectively in a law office. To prepare for this competition, students will need to learn legal terminology independently.

Administrative Support Research Project [ 260]

JUDGED INDIVIDUAL (Typed Research Paper; PowerPoint Presentation)
 

The student will conduct research on the topic below and present findings in a research paper, an oral presentation, and respond to questions from a panel of judges.

2021 TOPIC: What are some specific issues or trends concerning the work-from-home environment? How does the remote workplace influence the role of the administrative professional? How can the administrative professional positively influence any of the change and/or transition required as they provide support for the remote workplace? See contest details for more info.

Business Law & Ethics [265

TESTED INDIVIDUAL (Written Test)
 

This contest will test the student’s knowledge and skills in the areas of ethics, law, business law, and personal law.

 

DIGITAL COMMUNICATION & DESIGN EVENTS

Fundamental Desktop Publishing [ 400]

TESTED INDIVIDUAL (Publisher, Word)
 

Evaluate knowledge and skills in using desktop publishing software to create a variety of business documents.

Graphic Design Promotion [ 410]

JUDGED INDIVIDUAL (Logo, Flyer designed in Publisher)
 

Develop a theme, illustrate the theme in a logo design, then utilize the logo in a promotional flyer.

2021 TOPIC: Develop a logo, tagline, flyer and pin promoting the Business Professionals of America National Leadership Conference in Dallas, TX – May 4-8, 2022.

 

MANAGEMENT, MARKETING & COMMUNICATION EVENTS

Global Marketing Team [ 500]

JUDGED TEAM (Typed Marketing Plan; PowerPoint Presentation)
 

Develop a plan that details pricing strategies and promotional plans for a business (2-4 students in a team).

2021 TOPIC: During the spring of 2020, Google searches for “smart garden” reached an all-time high. Not since the second World War have consumers faced empty supermarket shelves and fresh-food shortages common during the COVID-19 pandemic. Social distancing, sheltering in place, limiting grocery store visits, and being self-sufficient with fresh healthy greens that naturally strengthen immune systems resulted in an outpouring of new “green-thumb” enthusiasts in record numbers. To meet the growing needs of sustainable home-based gardens, Home Greens, a local company specializing in indoor hydroponic smart garden kits that fit comfortably inside small residential spaces, has hired your marketing firm to explore the feasibility of domestic expansion within one to three years and a vision for global expansion in five to seven years. Be prepared to defend your recommendations from a marketing standpoint. See contest details for more info.

Entrepreneurship [ 505]

JUDGED INDIVIDUAL (Typed Business Plan; PowerPoint Presentation)
 

Develop an operating plan and organizational structure to initiate a small business. Competitors are to assume they are presenting/pitching their business plan to potential investors with the objective of securing financing for their business venture. See contest details for more info.

Small Business Management Team [ 510]

JUDGED TEAM (PowerPoint Presentation)
 

The team will use strategic planning and problem-solving skills to provide solutions to the business case study provided (2-4 students in a team).

2021 TOPIC: A local business owner, Katie Jones, is looking for ways to improve her photography business. She has been taking professional photos for several years and has built clientele from the local area and surrounding cities. She takes photos for weddings, birthdays, family pictures, and other significant life events. The business keeps her extremely busy and takes away a significant amount of time from her family and other personal pursuits. She would like to spend less time working in order to spend more time with her family and pursue other types of photography but has to continue making the revenue she has been making in order to make her business worth her time and pay for equipment upgrades. She has hired your team to help her devise some business strategies that will help her continue her business and achieve her personal goals. Prepare a presentation for Katie with your suggestions for her company. See contest details for more info.

Interview Skills [ 515]

JUDGED INDIVIDUAL (Resume, Cover Letter; Interview)
 

Assess proficiency in job search and interview situations. You may not repeat this event.

Advanced Interview Skills [ 520]

JUDGED INDIVIDUAL (Resume, Cover Letter, Portfolio; Interview)
 

Assess advanced proficiency in job search, interview situations, and portfolio development.

Extemporaneous Speech [ 525]

JUDGED INDIVIDUAL (Blank Notecard)
 

Demonstrate communication skills in arranging, organizing, and effectively presenting information orally without prior knowledge of the topic.

TOPIC: The contestant will draw two different business topics and will select either one. The topics may deal with Business Professionals of America, office situations, the business world, etc. The contestant will be provided ten minutes to develop the topic. Notes will be made on the 3 note cards provided by the event proctor. No materials or previously prepared notes will be allowed into the preparation or presentation room with the contestant. The length of the speech will be no less than 2 minutes and no more than 4 minutes.

Human Resource Management [ 535]

JUDGED INDIVIDUAL (Human Resource Manual and Blank Notecard)
 

Assess interpretation of personnel policies and knowledge of human resource management.

TOPIC: The contestant will be given a human resource management scenario. The scenario may deal with office situations, workplace issues, legal matters, etc. The contestant will be provided 20 minutes to develop the presentation. Notes will be made on the 3 note cards provided by the event proctor. Only the Human Resources Manual, along with the note cards provided for note taking, may be used in the preparation and presentation rooms. The contestant will speak before a panel of judges and a timekeeper. The speech will be no less than 3 minutes and no more than 5 minutes.

Ethics & Professionalism [540]

JUDGED INDIVIDUAL (Human Resource Manual and Blank Notecard)
 

Explore the application of ethical frameworks to various aspects used in business today.

TOPIC: Explore the application of ethical frameworks to various aspects used in business today. The contestant will be provided 20 minutes to develop the presentation. Only the Ethics and Professionalism Resources Manual and 3 note cards may be used in the prep/presentation rooms. The speech will be 3-5 minutes.

Prepared Speech [ 545]

JUDGED INDIVIDUAL (Typed Speech; Oral Presentation with Visual Aids)
 

Demonstrate communication skills in securing, arranging, organizing, and presenting information orally.

TOPIC: Each contestant is to select a topic related to business, entrepreneurship, or Business Professionals of America, and develop a 5-7 minute oral presentation.

Presentation Management Individual [ 555]

JUDGED INDIVIDUAL (PowerPoint Presentation with Multimedia)
 

Assess use of current desktop technologies and software to prepare and deliver an effective multimedia presentation. The contestant shall design a computer-generated multimedia presentation on the assigned topic listed below. The presentation will be no less than 7 and no more than 10 minutes and will be followed by judges’ questions.

2021 TOPIC: The coronavirus pandemic has disrupted life for communities around the world and will continue to do so for the foreseeable future. For students setting their sights on a post-secondary education, the process of finding the right fit has become more challenging. Post-secondary institutions are grappling with the tasks of recruiting, admitting, and orienting students who may not be able to step foot on campus. And then there is the fact that the on-campus experience will have to change as well. As a student interested in pursuing continuing education, research and prepare a creative presentation outlining trends in the college admissions/new student arena. See contest details for more info.

Presentation Management Team [ 560]

JUDGED TEAM (PowerPoint Presentation with Multimedia)
 

Assess use of current desktop technologies and software to prepare and deliver an effective multimedia presentation (2-4 students in a team). The team shall design a computer-generated multimedia presentation on the assigned topic listed below. The presentation will be no less than 7 and no more than 10 minutes and will be followed by judges’ questions.

2021 TOPIC: The majority of student internships were impacted this past year due to COVID-19. According to the National Association of Colleges and Employers, approximately 80 percent of employers nationwide made the decision to modify, rather than eliminate, their summer internship programs by making them virtual/remote, shortening them, or both. As students interested in pursuing internships this year, research and prepare a compelling presentation for a local company describing how they can successfully provide students with engaging, meaningful internship experiences in a remote setting. See contest details for more info.

BPA Competitions!

 

Open Events

You can take as many Open Events as you would like. All students qualifying to attend State and Nationals in a traditional competition are able to take as many Open Events as they would like. Students at State who score above 85% will be recognized on stage at the awards ceremony. Students at Nationals who score in the top 10 in each event will be recognized on stage as well. Note: Open Events do NOT advance from Regionals to State to Nationals.

Financial Math & Analysis Concepts OPEN

 

This competition assesses knowledge of math concepts. Contestants solve practical math problems related to work and consumer issues.

Administrative Support Concepts OPEN

 

Evaluate knowledge of basic administrative support concepts. 

Information Technology Concepts OPEN

 

Demonstrate general knowledge of the information technology industry.

Business Meeting Management Concepts OPEN

 

To provide a general competitive event addressing business meetings management which incorporates fundamental concepts accepted as good practices in any business unit including business planning and strategy, organization and execution, trust and transparency.

Management, Marketing, HR Concepts OPEN

 

Assess knowledge of management, marketing, and human resources concepts.