**Lesson Plan for Junior Secondary 2 Business Studies: Career in the Capital Market**
**Objective:**
By the end of the lesson, students should be able to:
1. Understand what the capital market is.
2. Identify various careers within the capital market.
3. Recognize the basic skills and qualifications needed for these careers.
4. Appreciate the importance and functions of the capital market in the economy.
**Materials Needed:**
- Whiteboard and markers
- Projector and screen
- Handouts with key terms and definitions
- Career profiles of professionals in the capital market
- Internet access for research activities
- Notebooks and pens/pencils for students
**Lesson Duration:**
80 minutes (2 periods of 40 minutes each)
### Lesson Overview:
**INTRODUCTION (10 minutes)**
- Start with a brief discussion to gauge students’ existing knowledge about the capital market. Ask questions like “What do you know about the stock market?” or “Have you heard of the term 'capital market' before?”
- Provide a definition: “The capital market is a financial market in which long-term debt or equity-backed securities are bought and sold. These markets channel the wealth of savers to those who can put it to long-term productive use, such as companies or governments making long-term investments.”
- Explain the relevance of the capital market in the overall economy.
**MAIN CONTENT (50 minutes)**
**1. Structure of the Capital Market (15 minutes)**
- Explain the main components: Primary Market and Secondary Market.
- Primary Market: Where new securities are issued and sold for the first time.
- Secondary Market: Where existing securities are traded among investors.
- Use a diagram to illustrate the flow within the capital market.
**2. Careers in the Capital Market (15 minutes)**
- Discuss various careers:
- Stockbroker
- Financial Analyst
- Investment Banker
- Portfolio Manager
- Compliance Officer
- Financial Planner
- Trader
- Brief description of what each professional does.
**3. Skills and Qualifications (10 minutes)**
- Highlight key skills needed: analytical skills, communication, attention to detail, proficiency in math and finance.
- Educational paths: Bachelor's degrees in finance, economics, business, and further qualifications (e.g., Chartered Financial Analyst (CFA), CPA, MBA).
**4. Importance of the Capital Market (10 minutes)**
- Explain how capital markets contribute to economic growth, facilitate savings and investments, provide liquidity, and aid in resource allocation.
**ACTIVITY / PRACTICE (20 minutes)**
- Organize the students into small groups and give each group a career profile.
- Ask each group to research and create a 5-minute presentation on the career, including:
- Job responsibilities
- Required skills and qualifications
- Importance to the capital market
- Potential career path
**CLOSURE (10 minutes)**
- Have each group present their findings.
- Summarize the key points of the lesson.
- Answer any remaining questions.
- Provide a brief overview of the next lesson topic.
**ASSESSMENT:**
- Participation in group activity and presentation.
- A short written quiz to be given at the beginning of the next class to assess understanding of the capital market and related careers.
### Homework Assignment:
- Ask students to interview a professional in the financial sector (could be a family member, friend, or community member) and write a one-page report about their career, focusing on their role, responsibilities, and the importance of their job within the capital market.
**Additional Resources:**
- Websites like Investopedia for further reading.
- Videos on YouTube explaining the capital market and careers within it.
This lesson plan aims to provide students with both theoretical knowledge and practical insights into the workings of the capital market and the career opportunities it offers.