Grades 7-12: Takin' Care of Business: An Intro to Financial Literacy


Content Provider Rock and Roll Hall of Fame and Museum 2007-08 Honorable Mention, 2008-09 Honorable Mention, 2009-10
Contact Information John Goehrke
jgoehrke@rockhall.org
1100 Rock and Roll Boulevard
Cleveland, OH 44114
United States
Phone: (216) 515-1202
Fax: (216) 515-1931
Program Type Individual Program
Program Rating This program has not yet been evaluated.
Target Audience Education: Grade(s): 7, 8, 9, 10, 11, 12
Maximum Number of Participants There is no maximum, but for optimum interactivity, we suggest no more than 30 students.
Minimum Number of Participants No Minimum
Primary Disciplines Fine Arts, Language Arts/English, Mathematics, Performing Arts, Problem Solving, Social Studies/History, Technology/Information Science
Program Description Students know exactly what music is on their iPods, but they rarely understand that the artistry and glitter of superstardom depends upon a complex business network that must remain financially stable. This class will take students behind the scenes with a real-world simulation that puts them in the shoes of a rock band’s tour manager. In the class activity, students will apply mathematical and financial concepts to help manage a fictional band through a cross-country tour. This will involve weighing some serious financial concerns about profit and loss: What expenses might they have to budget for? Where will the money come from? How will they respond as managers when ticket sales are lower than expected? Any number of scenarios might affect the tour budget and thus their company’s bottom line.
Program Format This class will take students behind the scenes with a real-world simulation that puts them in the shoes of a rock band’s tour manager. In the class activity, students will apply mathematical and financial concepts to help manage a fictional band through a cross-country tour.
Objectives As a result of this class, students will be able to
1. Identify and describe the major components of the modern music industry, as well as their connections with one another.
2. Describe the benefits of fiscal responsibility and recognize the accountability of financial planning in "real-life" applications.
3. Apply mathematical modeling to business and consumer situations.
National Standards to which this program aligns Coming soon...
State/Regional Standards to which this program aligns Ohio
ENGLISH LANGUAGE ARTS
Acquisition of Vocabulary
7 Benchmark F
8-10 Benchmark F
11-12 Benchmark E

Communication: Oral and Visual
7 Benchmark A
8-10 Benchmark A
11-12 Benchmark A

SOCIAL STUDIES
Economics
11-12 Benchmark A, E

Geography
11-12 Benchmark A

FINE ARTS—MUSIC
Connections, Relationships, Applications
7-8 Benchmark B, D
9-12 Benchmark D

MATHEMATICS
Number, Number Sense and Operations
7 Benchmark D, I
8-10 Benchmark G

Patterns, Functions, and Algebra
7 Benchmark B, F, J, L
8-10 Benchmark D

Data Analysis and Probability
7 Benchmark B, C, E
8-10 Benchmark K

Mathematical Processes
7 Benchmark A, D, G, J
8-10 Benchmark B
11-12 Benchmark D, E, J

CAREER-TECH: FINANCE
Accounting 1.1, 1.2, 1.7, 1.8
Money Management 3.1, 3.2
Economics 4.2
Risk Management 6.1
Communication Skills 9.2, 9.4
Program Length 60 minutes (this program cannot be shortened)
By Request This program is available by request ONLY
Connection Type(s) Available and Program Fees By Request Cost: $150.00
Program Fee Notes Registration Fees: $150 per program.
-Sites must pay their own line and bridging charges (when applicable).

Registration deadline: Three weeks prior to the requested program date.

Payment: Reservations are firm only when the Rock and Roll Hall of Fame and Museum receives the full payment. Final payment is due ten (10) business days prior to the scheduled program date. RRHOFM accepts checks, Visa, MasterCard, or American Express.

Agreement: Organizations must agree to abide by the terms and conditions outlined in "Policy Information" in order to have their registration request processed. Policy Information will be provided by the Rock and Roll Hall of Fame and Museum upon initial program request. If you have any questions regarding scheduling, please contact John Goehrke at 216-515-1202.
Cancellation Policy The Rock and Roll Hall of Fame and Museum will provide a full refund for program cancellations, provided that written notice of the cancellation (with receipt of confirmation) is received at least ten (10) business days prior to your group’s reservation date. Under NO circumstances will the Rock and Roll Hall of Fame and Museum provide a partial refund for non-attendance OR when written notices of cancellation are received less than ten (10) business days prior to your group’s reservation date. Programs will be rescheduled at no penalty to the school for weather-related issues (i.e. snow days) provided that program is rescheduled by the end of the school year. If Rock and Roll Hall of Fame and Museum is unable to reschedule said program by June 30 of that school year, the school will be issued a full refund.
Is recording allowed? No
The Provider broadcasts over ISDN
Minimum Broadcast Speed: 384 K
Maximum Broadcast Speed: 768 K

IP
Minimum Technology Specifications for sites connecting to this provider Schools must dial into the Rock and Roll Hall of Fame and Museum. Connection may be made over IP or ISDN (though IP is preferable). We require a test call prior to the videoconference to check on system compatibility.

Request this Program Now