The FCCLA Virtual Business Challenge-Personal Finance contest encourages FCCLA members to test their skills in personal finance. This competition is a free event for affiliated FCCLA members. Participating members utilize a competition version of the Virtual Business – Personal Finance classroom software.
The FCCLA Virtual Business Challenge consists of two competition rounds. Registration begins October 11, 2016. Round One will begin on October 26, 2016 at 10AM EST and will end on November 21, 2016 at 5PM EST. Round Two will begin on January 9, 2017 at 10AM EST and will end on February 3, 2017, at 5PM EST. Teams may participate in one or both rounds.
The Challenge will focus upon different concepts found within the simulation. FCCLA members will not be able to control every concept, and are only able to manipulate the actions enabled for that specific Challenge. All other concepts will be set adequately and controlled for the teams. Assignments explaining Challenge goals and objectives will be available within the competition files.
The Challenge competition file will only be available from the dates as listed above. Participants may run through the competition files as many times as they wish during the competition period. The competition file is complete once teams have run the file for two virtual years. At this point, the team's score will be automatically submitted to the Knowledge Matters' website.
After uploading a score, teams may visit the ranking’s page in order to see where they rank nationally and by state. Teams may upload as many scores as they wish because Knowledge Matters will always rank teams based upon their best score. At the completion of each challenge, the top nationally ranked team will receive Knowledge Matters t-shirts and website recognition. The winning teams of the National Leadership Conference Challenge will receive cash awards of $1000 (1st place), $500 (2nd place) and $250 (3rd place) and website recognition.
The Challenge will start at 10:00AM EST on the start date for each round. No score submission will be accepted after 5:00PM EST on the last day of the Challenge round. Each file is time and date stamped upon receipt for validation. Files will be automatically scored, ranked and posted under the ranking’s page.