Marymount is the only independent all-girls school in New York City to require all students to graduate with a certification of financial literacy. In addition to coursework using Bloomberg terminals, students may elect to take electives in economics, as well as an entrepreneurship elective that allows students to grow big ideas from concept to creation.
Finance via Bloomberg
Using Bloomberg Market Concept (BMC) coursework and terminals, Upper School students complete a financial literacy program that introduces them to key market concepts, economic research and analysis, and portfolio management. After exploring stocks, bonds, and currencies, students apply their learning in a real-world setting through the Bloomberg terminals as they study trends in the markets and manage their “investments.” Marymount graduates are empowered to not only secure their own financial futures, but to also be agents of social change as they fund the causes they care about.
Class XII Business Electives
Class XII students who are interested in business and finance may choose to take two electives senior year: Advanced Microeconomics and Advanced Macroeconomics. In Advanced Microeconomics, students focus on how individual economic decision-makers –households, business firms, and government agencies – shape our economic life. The course explores the different environments in which consumers buy and businesses sell their products, hire workers, and raise funds to expand their operations; the economic effects of trade between nations; and the effects of various government policies, such as minimum-wage legislation, rent controls, antitrust laws, among others. In Advanced Macroeconomics, students explore topics that shape the economy as a whole, including long-run economic growth and the standard of living; the causes and consequences of economic booms and recessions; the banking system and the Federal Reserve; the stock and bond markets; and the role of government policy.
Personal Finance Seminar
In spring of senior year, students participate in a personal finance seminar where they are equipped with the tools to be independent managers of their money in college and beyond. Students explore budgeting and bill management; insurance, banking, and credit card options; and best practices for completing tax forms.
Entrepreneurship
Entrepreneurship is approached as both a methodology and a mindset. The intersection of invention, storytelling, and user experience design is introduced with events like the Lower School’s Invention Convention and the Lower Middle School’s Lion's Den. In Upper School, a foundational course in entrepreneurship formally introduces students to the design thinking approach, the value pyramid, and the Business Model Canvas (BMC) as students create a prototype of a product or service and pitch it to an expert panel.