Students Win State Finance Championship

News Date : 04/13/2017

Saint Thomas Academy Seniors Win State Championship in Personal Finance Decathlon

MENDOTA HEIGHTS, Minn., April 13, 2017 – Saint Thomas Academy Advanced Placement Economics students have won the State Championship in the Personal Finance Decathlon, sponsored by the Minnesota Council for Economic Education, and hosted at the Federal Reserve Bank of Minneapolis. They will now advance to the National Personal Finance Challenge in Kansas City. This is the first time the Academy has won the competition and is its second year competing.

The Saint Thomas Academy team (pictured L-R) included seniors Nick Goblisch, Jacob Marvin, Seth Pribbernow, and Dan Lee.

In the Personal Finance Decathlon, teams of students compete online to demonstrate their knowledge of personal finance by taking an online test covering questions in 10 areas of personal finance. Twelve teams from 12 different schools are invited to the state competition based on online test scores. At the state competition, teams compete in a case study analysis round and an exciting Quiz Bowl round. Teams receive a case study of a fictional family's financial situation and will have 90 minutes to prepare a presentation of recommendations as if they were the family's financial advisor. Teams will present to a panel of judges and the top four teams will compete in a Quiz Bowl to choose the state champion.

About Saint Thomas Academy
Founded in 1885, Saint Thomas Academy is an all-male, college preparatory, Catholic, military/leadership school committed to preparing young men to succeed in college and in life. The Academy challenges its students, currently grades 7-12, to excel academically, spiritually, morally and physically in and out of the classroom. In the fall of 2017, 6th grade will be added to the Saint Thomas Academy Middle School. It is fully accredited by the Independent Schools Association of the Central States (ISACS); a member of the National Association of Independent Schools (NAIS), the Minnesota Association of Independent Schools (MAIS), and the Association of Military Colleges and Schools of the United States (AMCSUS).

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Amy Nugent, principal
Renown Marketing Communications

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