Docstoc

Academy of Business _ Finance The Academy of Business

Document Sample
Academy of Business _ Finance The Academy of Business Powered By Docstoc
					Academy of Business & Finance
The Academy of Business & Finance is designed to give high
school students an opportunity to prepare for collegiate studies
and careers in the fields of business and finance. Emphasis is
placed on a college preparatory curriculum that is directly
linked to the financial world. Academy students participate in
mentorships, career shadowing and internship programs that
link the resources of business, economics, and finance to
education and to the students. During their senior year,
students are provided college credit opportunities through a
dual enrollment agreement with the University of Alabama-
Birmingham. The Academy of Business & Finance is a
program that is currently being accredited by the National
Academy Foundation.

Pre-Academy

Before enrolling in the Academy of Business & Finance students are strongly encouraged to complete
Personal Finance. To get the full benefit of the Academy offerings, students should consider taking
                               th
Personal Finance during their 9 grade year. Personal Finance can be paired with any semester elective.

After successful completion of Personal Finance, students are given the opportunity to complete an
Academy membership application if they plan to enroll in the program.

Students who have not taken Personal Finance may take subsequent Academy of Business and Finance
courses with faculty approval.


Internship

A paid internship is required for graduation from the Academy of Business and Finance. The internship
                                                                 th      th                           th
must be completed during the summer between the student’s 11 and 12 grade year or during the 12
grade year. Provided with the help of the Academy’s advisory board, internship opportunities (located in
the Birmingham Metro area) will include banking, investing, insurance, accou

Course Sequence

Pre-Academy:          Semester I or II:     Personal Finance

Step One:             Semester I:           Financial Services
                      Semester II:          Advanced Finance

                      (OR)

                      Semester I & II:      Sales & Promotion
                                            Planning

Step Two:             Semester I:           Principles of
                                            Accounting
                      Semester II:          Ethics in Business

Step Three:           Semester I:           Entrepreneurship
                      Semester II:          Business in the
                                            Global Economy
Course Descriptions

Personal Finance (8190)                                                            Semester – ½ credit
                                                                                   Grades 9-12
Prerequisite: none
Fee required.

Personal Finance begins with the basics of financial literacy and the function of finance in society.
Students study income and wealth, including budgeting, personal banking, credit and borrowing, and
planning for retirement. Next, students examine financial institutions and the role of finance in
organizations. They learn about common methods by which businesses raise money. Students study key
investment-related terms and concepts, including the time value of money. They explore specific topics of
importance in today’s world of finance such as risk management, ethics, and taxes. Finally, students
explore the types of careers that exist in finance today.


Financial Services / Advanced Finance                               2 linked semester courses (1/2 credit
each)
(These courses are linked)                                          Grades 10-12
Prerequisite: Personal Finance or teacher approval
Fee required.
Financial Services (8185) introduces students to the complex world of financial services companies. It
begins with an introduction of the origins of money and of banking, and explores the early history of
banking in the U.S. Students then move into an in-depth study of the financial services industry and
explore the types of companies that make up this industry. Students learn about the services offered by
such companies, and analyze the ways these companies earn profits. This course also introduces
students to the main concepts behind investing and discriminates among different ways to invest money.
Students examine contemporary issues including the level of personal saving in the U.S.; ethics in the
financial services industry; and the industry’s effect on communities and families. Finally, students get a
chance to consider the types of careers that exist in financial services companies.

Advanced Finance (8186) Delves into the financial concepts introduced to students in Personal Finance.
Students explore such key topics as cash flow, the business life cycle, and capital. They learn to
recognize the legal forms of business organization and grasp the pros and cons of business ownership
forms. Students continue to develop an understanding of profit and distinguish this measure of business
success from cost and revenue. Students learn about various financial analysis strategies and the
methods by which businesses raise capital (stocks, bonds, and short-term financing). Students also have
the chance to explore, in depth, topics of high interest in the field of finance, including globalization,
employees, and taxes. Finally, students get a chance to discover the types of careers that exist in finance
today.


Sales and Promotion Planning (8270)                                                Year-long – 1 credit
                                                                                   Grades 10-12
Prerequisite(s): Personal Finance or teacher approval
Fee Required.
Have you ever dreamed of working for Google? What about working for a professional sports team
managing advertising, promotional efforts, and sponsorships such as a partnership with a sportswear
company? Would you like to travel across the country (or world) implementing grand openings
campaigns for a major retailer or restaurateur? In addition to learning both basic and advanced
marketing concepts, students will gain a great deal of hands-on and real-world experiences related to the
marketing profession. Students will have the opportunity to operate a Virtual Business, merchandise and
promote our school store, develop an actual promotion or marketing strategy for a local business, visit a
Birmingham advertising/marketing agency, and interact with marketing professionals from several
different industries in the Birmingham area.
Principles of Accounting / Ethics in Business                      2 linked semester courses (1/2 credit
each) (these courses are linked)                                                     Grades 11-12
Prerequisite: Personal Finance or teacher approval
Fee required
Principles of Accounting (8203) provides students with an understanding of the critical accounting
process and how it facilitates decision making by providing data and information to internal and external
stakeholders. Students learn that accounting is an integral part of all business activities and that
accounting plays an important role in the everyday accountability of a business as well as in high-stakes
decision making and analysis. In addition, students learn how to apply technology to accounting by
creating formulas and inputting data into spreadsheets. Students also examine career opportunities and
the professional certifications and designations earned by individuals in the accounting profession.

Ethics in Business (8204) provides students with an overview of the importance of ethics in a business
environment. Students focus on the significance and importance of ethics to stakeholders; examine who
bears responsibility for ensuring an ethical code is followed; and explore ethical situations common in
organizations. The course examines ethics through the lens of various business disciplines, and
considers the impact of organizational culture on ethical practices. The course also explores ethics as
social responsibility, the evolution of ethics as business becomes more international, and how the free
market and organizational ethics can co-exist. Finally, students examine careers in ethics.

Entrepreneurship / Business in the Global Economy                      2 linked semester courses (1/2 credit
each)
(these classes are linked)                                             Grade 12
Prerequisite: Personal Finance or teacher approval
Fee required
Entrepreneurship (8205) provides students with an understanding of the critical role played by
entrepreneurs in the national and global economy. Students learn not only the skills necessary to become
entrepreneurs, but also the attitudes, characteristics, and techniques found in successful entrepreneurs
that students will need to succeed. Building on concepts that were introduced in Personal Finance, the
Entrepreneurship curriculum approaches student learning experientially by encouraging students to
evaluate, develop, and work with the business ideas they already have or those they conceive during the
course. Students explore the steps necessary to starting a business, including financing, forms of
organization, and business plans. They learn about the operational issues that new businesses are faced
with, such as taxation, licensing, and liabilities, as well as the financial risks of starting a business.
Students examine ethical issues and develop a framework for managing them. Finally, students identify
the risks, returns, and other aspects of entrepreneurship as a potential career.

Business in a Global Economy (8206) provides students with an understanding of how and why
businesses choose to expand their operations into other countries. This course exposes students to the
unique challenges facing multinational organizations—and to the potential opportunities and markets that
are lost to organizations that choose not to do business in the global marketplace. Building on concepts
that were introduced in Personal Finance, Business in a Global Economy broadens student
understanding of how businesses operate and how they grow and thrive in our ever-changing world. The
course begins with an overview of globalization, including world factors pushing organizations to expand
into other markets in order to remain viable. Students explore cultural and political differences that affect
organizational operations and decision making. They then learn about international trade investment and
international finance, including an examination of the role of the International Monetary Fund. Students
study the business strategies that enable organizations to compete effectively in the global marketplace.
Finally, students explore international business as a potential career.

				
DOCUMENT INFO
Shared By:
Categories:
Tags:
Stats:
views:9
posted:4/23/2012
language:
pages:3