1. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013 Presented by Michael A. Goldberg, Martingrove CI @MrMGoldberg February 15, 2013 #GD2B Interdisciplinary Studies and Business Studies (Image Source: Frazer, Daniel. http://www.hhmi.org/bulletin/dec2005/chronicle/crosstalk.html, February 13, 2013)http://www.hhmi.org/bulletin/dec2005/chronicle/crosstalk.html Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013

2. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013 Agenda 1.What is Interdisciplinary Studies? 2.Business Studies IDC Courses 3.Brief Overview of the Structure of the Business IDC Courses 4.Starting-Up a Business Studies IDC Course at Your School 5.Resources & Questions

3. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013 Definition: –The term interdisciplinary is used to describe an approach to learning and knowledge that integrates and benefits from the understanding and application of the approaches of different subjects and disciplines. –In other words, mixing two or more courses to make another. 1. What is Interdisciplinary Studies? (Source: The Ontario Curriculum: Grades 11 and 12. Interdisciplinary Studies. MOE. Page 4.)

4. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013 Three course codes approved by the MOE: –IDC3O –IDC4O –IDC4U (prerequisite: any 3U course) Course code rules –Trillium accepts only unique course codes Students can only take a maximum of three IDC courses (that can be recognized as a part of their diploma) Interdisciplinary Studies Rules

5. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013 All three course codes (courses) have three strands: 1.Theory and Foundation 2.Processes and Methods of Research 3.Implementation, Evaluation, Impacts, and Consequences The expectations from these strands are combined with the expectations from the contributing courses to form units of study Interdisciplinary Studies Rules

6. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013 Why Offer an Interdisciplinary Studies Course? The courses (Business or otherwise) offered are much more attractive to students than traditional course offerings –Financial Securities –Sports and Entertainment Marketing –real world comment! Focus on research (ie. Thinking) sets students up for post-secondary study IDC courses (in Business) tend to ADD SECTIONS to Business Studies departments –Eg. Financial Securities was the most popular grade 12 business course at MCI this year

7. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013 Why Offer an Interdisciplinary Studies Course? IDC courses (in Business) tend to ADD SECTIONS to Business Studies departments –Eg. Financial Securities was the most popular grade 12 business course at MCI this year –At MCI when we first offered Financial Securities we gained two sections! IDC courses make your department (and school) look more attractive –Ive had students transfer from IB programmes to take a wider variety of courses (like Financial Securities) U Course (Financial Securities) in Business Studies!

8. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013 Interdisciplinary Studies Course - Challenges IDC courses often have no text book – teachers must be very resourceful It takes a while to develop a solid course You need the right person teaching it Teachers (and students) need to be flexible –The course often runs in different ways than a traditional course (may confuse students) –Lots of projects, less focus on tests!

9. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013 A.Financial Securities (IDC4U) derived mainly from: Financial Accounting (BAT4M) Mathematics of Data Management (MDM4U) Analysing Current Economic Issues (CIA4U) B.Sports and Entertainment Marketing (IDC4O) derived mainly from: Marketing: Goods, Services, Events (BMI3C) Entrepreneurship: The Venture (BDI3C) Business Leadership: Becoming a Manager (BOG4E) Business and Technological Communication (EBT4O) The Individual and the Economy (CIE3M) Understanding Canadian Law (CLU3M) 2. Business Studies IDC Courses

10. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013 Financial Securities (IDC4U) –Prerequisite: Any U course (eg. ENG3U) –BAF3M recommended –There is a heavy emphasis on accounting –Non-accounting students can catch-up Sports and Entertainment Marketing (IDC4O) –Prerequisite: none Prerequisites

11. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013 3. Brief Overview of the Structure of the Business IDC Courses Sports and Entertainment Marketing Units 1.Overview of Sports and Entertainment Marketing 2.The Marketing Mix – Product, Place, Price 3.The Marketing Mix – Promotion 4.Sports, Recreation, Entertainment - Consumer Behaviour 5.Sports, Recreation, Entertainment – Corporate North America 6.Licensing and Sponsorship 7.Event Planning 8.Sports, Recreation, Entertainment – Career Exploration

12. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013

13. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013

14. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013

15. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013 3. Brief Overview of the Structure of the Business IDC Courses Financial Securities –The course is made up of 8 units –Some teachers combine/switch around units There are many local variations –Following are the units I use and some major projects

16. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013 1. Research Library visit 10 Stock Research Project

17. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013 2. Macroeconomics Overview of Macroeconomic theories Study of financial disasters and what has been learned from each Economist/Financial Guru Profile and Presentation Milton Friedman Source: (http://search.nobelprize.org/search/nobel/?q=milton+friedman&i=en&x=0&y=0, December 3, 2008)

18. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013 3. Taxation Prepare a tax return Use the CRA resource Teaching Taxes –Updated every year –Order from the CRA

19. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013 4. Financial Analysis Financial Statement introduction Key Ratios (build a model) Ratio Analysis Poster –compare 10+ ratios of 4 companies within an industry and throw it all in a poster!

20. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013

21. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013

22. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013

23. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013

24. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013 5. Fixed Income & Equity-Based Securities (2 units combined) Stock market simulation-based presentation Eg. MarketWatch Stock Market Simulation

25. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013 6. The Financial Plan (Summative Evaluation) Create a financial plan for a real person Create a profile (including risk tolerance level asset allocation mix) Pick 4 investments Spend 4-6 weeks tracking performance Company report Reflection IEF Competition!

26. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013 7. Ethics and Investing Case Studies eg. Fair Play Guest Speakers Source: (http://investored.ca/en/TeachersResources/fairplay/Pages/fair_play_resource_guide.aspx, December 3, 2008)http://investored.ca/en/TeachersResources/fairplay/Pages/fair_play_resource_guide.aspx

27. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013 5. Resources Bank of Canada http://www.bankofcanada.ca/ http://www.bankofcanada.ca/ Inflation Calculator http://www.bankofcanada.ca/rates/related/inflation-calculator/ http://www.bankofcanada.ca/rates/related/inflation-calculator/

28. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013 Web-based Resources Google Finance http://www.finance.google.ca/finance http://www.finance.google.ca/finance

29. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013 Web-based Resources Investor Education Fund (Chris Allum) http://www.getsmarteraboutmoney.ca/

30. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013 Web-based Resources Learn360.com (ID & Password 048+Employee #) Learn360.com

31. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013 Web-based Resources MoneySense magazine http://www.moneysense.cahttp://www.moneysense.ca/

32. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013 Web-based Resources SEDAR http://www.sedar.com/homepage_en.htm EDGAR http://www.sec.gov/edgar.shtml

33. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013 Web-based Resources Business News Network http://bnn.ca

34. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013 TDSB Resources –Ruth Hall, Program Coordinator Library and Learning Resources and Interdisciplinary Studies Email Ruth: ruth.hall@tdsb.on.caruth.hall@tdsb.on.ca –Interdisciplinary Studies page on TDSBWeb From the drop-down menu (once Teacher tab selected)… –Teaching & Learning –Library & Interdisciplinary Studies –Interdisciplinary Studies –Feedback – Ruths doing a survey of current IDC teachers. Find it here: http://www.surveymonkey.com/s/B7SNHLX

35. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013 Questions? Thanks for your time!

36. Interdisciplinary Studies and Business Studies Michael A. Goldberg, #GD2B, February 15, 2013 Unusual Sports Links! Gloucestershire Cheese Rolling 2008 http://www.youtube.com/watch?v=OpzEF0D2xfE http://www.youtube.com/watch?v=OpzEF0D2xfE Chess Boxing World Championship http://www.youtube.com/watch?v=WkdOv9DCuUA http://www.youtube.com/watch?v=WkdOv9DCuUA Red Bull Crashed Ice 2009 http://www.youtube.com/watch?v=ppgw9DHYnbs http://www.youtube.com/watch?v=ppgw9DHYnbs world champion rock paper scissors http://www.youtube.com/watch?v=O2JUUFFdWpk http://www.youtube.com/watch?v=O2JUUFFdWpk Unicycle hockey http://www.youtube.com/watch?v=dEDhp_-UOYk http://www.youtube.com/watch?v=dEDhp_-UOYk Foosball (Table Soccer) World Championships http://www.youtube.com/watch?v=BSCKOMfmZsg&feature=endscreen&NR=1 http://www.youtube.com/watch?v=BSCKOMfmZsg&feature=endscreen&NR=1 World Shin Kicking Championship 2011 http://www.youtube.com/watch?v=eGXDwbzlJKw&feature=related http://www.youtube.com/watch?v=eGXDwbzlJKw&feature=related Shopping Cart Racing World Championships http://www.youtube.com/watch?v=c0OHmiwGI98&feature=related http://www.youtube.com/watch?v=c0OHmiwGI98&feature=related The Wife Carrying Championships – Finland http://www.youtube.com/watch?v=PIB9UcA5iQU http://www.youtube.com/watch?v=PIB9UcA5iQU Aussie Rules Football! http://www.youtube.com/watch?v=0MY0vCUBg-0http://www.youtube.com/watch?v=0MY0vCUBg-0