FINANCIAL ANALYSIS AND DECISION MAKING

 

This event recognizes PBL members who possess knowledge across the core curriculum in the area of finance.

 

This event consists of two parts:  an objective test and a performance component.  

 

The one-hour objective test may include questions on business finance/corporate finance,capital management, financial institutions and markets,  financial management/managerial finance,  and investments.  In the case of a team, team members will take one objective test collaboratively.

 

The case study is an interactive role play situation.

 

ELIGIBILITY

 

Participants must have paid state and national dues postmarked by February 15 of the current school year.

 

 

State      Each chapter may enter one (1) individual or team composed of two or three (2 or 3) active local members. Participants must be on record in the FBLA-PBL national office as having paid dues by February 15 of the current school year.

In the case of a team, no more than one member may have entered this event at a previous National Leadership Conference, have competed more than two (2) years at the national level, or placed 1st or 2nd at a previous State Leadership Conference.

 

National       See publication:  Chapter Management Handbook—current edition.

 

REGULATIONS

 

State       When it has been determined that an individual or team will represent the charter at state competition, the appropriate entry form must be sent to the state adviser postmarked first-class mail by the date specified in the SLC registration packet.

 

National       See publication:  Chapter Management Handbook—current edition.

 

Participants must be selected in accordance with the regulations of the state chapter and the national association.

 

In the case of a team, no more than one member may have entered this event at a previous National Leadership Conference or have placed first or second at a previous State Leadership Conference.  

 

Participants failing to report on time for the objective test may be either disqualified or permitted to begin late with no extension of the time as scheduled. 

 

Participants must furnish their own No. 2 pencils, erasers, and calculators.  Participants may bring a financial calculator; however, no other electronic devices are allowed.  No reference materials or other items are to be brought to the event.

 

Participants must adhere to the dress code established by the Board of Directors or they will not be permitted to participate in the competitive event.

 

PROCEDURE—OBJECTIVE TEST

 

A one-hour objective test will be administered based on the previously listed competencies. Individuals or team members will take one objective test collaboratively. 

 

The five (5) individuals or teams with the highest scores will be scheduled for the performance portion of the event. The order of performance will be drawn at random by an impartial person in the event office.

 

PROCEDURE—ORAL PRESENTATION

 

Finalists must report to the holding room by the time specified in the State Leadership Conference program.  All finalists will be sequestered until their performance times.  If a finalist fails to report prior to the beginning of the first performance, the finalist will be disqualified.

 

Twenty (20) minutes before the performance, each individual or team will receive the case study.

 

Two (2) 4” x 6” index cards will be provided for each participant and may be used during the preparation and performance of the oral segment of the event.  Information may be written on both sides of the index cards.  Note cards will be collected following the presentation.

 

No reference materials, visual aids, electronic devices, or computer equipment may be brought to or used during the preparation or performance.  

 

The individual or team has seven (7) minutes to interact with a panel of judges and present the solution to the case.  The judges will play the role of the second party in the presentation and refer to the case for specifics.  This is a role-play event.

 

The teams should introduce themselves, describe the situation, make their recommendations, and summarize their case.  All team members are expected to actively participate in the performance.  

 

A timekeeper will stand at six (6) minutes and again at seven (7) minutes. 

 

Performances are open to conference attendees who are not performing participants of this event. 

 

 

JUDGING

 

Tests will be machine graded.  In the event of a tie, the students’ performance on the final ten questions of the exam will be evaluated.  After that, if necessary, the order in which the tests were received will be used.

 

The presentations will be evaluated by a panel of judges.  All decisions of the judges are final.

 

AWARDS

 

State State awards for the top five places are presented at the State Leadership Conference.

 

National        The number of awards presented at the National Leadership Conference is determined by judges and/or number of entries.  The maximum number will be ten.