Huntington School Board members have voted unanimously to approve a new “virtual enterprise” elective course for Huntington High School students. Trustees took the action during their public meeting this past Monday night in the Jack Abrams STEM Magnet School auditorium.
Virtual Enterprise will be offered to juniors and seniors for the first time during the 2018/19 school year. The one credit course is expected to draw an annual enrollment of 20 students.
“Virtual Enterprise is a simulated business that is set up and run by students to prepare them for working in a real business environment,” states the new course proposal presented to trustees.
“Students learn about economics (micro and macro) and its relationship to and impact on business operation in the private enterprise system. The students study supply and demand, the Federal Reserve System, taxation by local, state and federal governments, business organizations, the stock market and international transactions. The students determine the nature of their business, its products and services, its management and structure and learn the daily operations of a business under the guidance of a consultant with the support of a real business partner. They use current business software packages and the internet for business transactions using economics as a factor.”
The district’s Business Subject Matter Council signed off on the new course last May 8. The Educational Development Committee gave its approval on May 25. The class will not require an increase in teaching staff.
“This course is being proposed to provide a capstone business class to ensure that our students are college and career ready,” states the rationale for the new course. “This class will also help to prepare our students for the many STEM related careers that are available with a particular focus on e-commerce and management.”
Trustees were told that the annual Virtual Enterprise program registration fee of $2,000 includes access to the course curriculum. The class will require a room with computers, cubicles and a boardroom table and chairs along with a large format plotter printer. Course participants will be transported to Virtual Enterprise events, including competitions. Additional prototyping materials that are required will be based upon the specifics of each year’s business plan.
The district estimates the course start-up cost will run about $7,450.