The Academy of Finance (AOF) is a program sponsored by the National Academy Foundation. AOF is located at the Career and Technical Education (CTE) Academy. The 2 or 3 year national program is designed to prepare students with practical skills to enter the world of business and finance. Interested students should apply during their freshman or sophomore year. In order to graduate from the AOF program, a internship is required. Up to 17 college credits can be earned by successfully completing high school courses and summer opportunities; including internship. Financial support for the program is provided by Citibank and numerous local internship sponsors.

Academy of Finance Course Plan

Sophomore Year:
Fall Semester
Accounting I
Spring Semester
Accounting II
Junior Year:
Fall Semester
Accounting I
Spring Semester
Introduction to Financial Services & Banking/Credit
Senior Year:
Fall Semester
Financial Planning
Spring Semester
Accounting II
Financial Economics
Courses

ACBA4010

ACCOUNTING I

Length/Credit:
One Semester for Two Hour block at CTE;
Meets CTE OR General Elective Graduation Requirement (meets only one of these requirements)
Prerequisite:
None, Open to 10-12 grade
Location:
Offered at CTE
Important Information:
This course is concurrent to Southeast Technical Institute.
Do you like money? Learn how to record business transactions by using online, automated software and simulations. Introduction to accounting concepts through sole proprietorship, partnerships and corporations. Record business transactions; prepare financial records for small business; learn business foundations for professional or personal use.

ACBA4020

ACCOUNTING II

Length/Credit:
One Semester, Two Hour block, 1 credit
Meets CTE OR General Elective Graduation Requirement (meets only one of these requirements)
Prerequisite:
Accounting I, Open to 10-12 grade
Location:
Offered at CTE only
Important Information:
This course is concurrent to Southeast Technical Institute.
Do you want to be the leader in how a business makes a profit? Generate online, automated computerized simulations and Quickbooks reports for detailed payroll records, uncollectible accounts, depreciation, accrued income and expenses, prepaid income and prepaid expenses, record departmental transactions; corporation, partnership, not for profit organization accounting, demonstrate knowledge of cost accounting, managerial accounting and manufacturing accounting.

ACBA4040

INTERNSHIP

Length/Credit:
200 Hours, 1 credit
Prerequisite:
Accounting I
Banking & Credit
Introduction to Financial Services
Open to 11 grade
Location:
Offered at CTE only
Important Information:
Recommendation of the instructor/principal is required,
based on established criteria.
Successful completion of an internship is a requirement to
graduate from the Academy of Finance program.
Real world experience by working with local businesses. Qualified students have the opportunity to complete a hands-on business related internship.

ACBA4050

BANKING & CREDIT

Length/Credit:
One Semester, One Hour block, 0.5 credit (Combined Block with Intro. To Fin. Services)
Meets Graduation Social Studies Elective or Selective OR
CTE Requirement (meets only one of these requirements)
Prerequisite:
Accounting I, Open to 11 grade
Location:
Offered at CTE only
Do you want to buy and sell stocks by playing the Stock Market Game? Study the principles and practices of banking and credit in the United States; learn about the major functions of banks and other depository institutions, operations and procedures, central banking through the Federal Reserve System and current trends in the banking industry, understand credit functions and operations including credit risk evaluation, loan creation and debt collection. Presentations and network with business community leaders. Prepare for the real work workforce –cover letter, resumes, interviews skills and employer/ee expectations.

ACBA4070

INTRODUCTION TO FINANCIAL SERVICES

Length/Credit:
One Semester, One Hour block, 0.5 credit
(Combined Block with Banking & Credit)
Meets Graduation Social Studies Elective or Selective OR
CTE Requirement (meets only one of these requirements)
Prerequisite:
Accounting I, Open to 11 grade
Location:
Offered at CTE only
Important Information:
Payment for 3 college credits through the University of South Dakota.
Do you want to create your own business and be an Entrepreneur or work for an innovated company? Introduce the various sectors of the financial services industry; learn the nature of the careers found in a particular sector; learn the scope of the work that comprises businesses such as insurance, real estate, public finance, accounting, and the securities industry. Presentations by USD professors and business leaders to build networking and real world experiences in the course.

ACB5010

FINANCIAL PLANNING

Length/Credit:
One Semester, 0.5 credit
Meets Graduation Personal Finance Requirement
Prerequisite:
None, Open to 12 grade (only AOF students)
Location:
Offered at WHS, LHS, RHS
Ready to start your finances on the right road? Understand the financial planning process and the components of a comprehensive financial plan; learn how to prepare a financial plan, which includes saving, investing borrowing, risk management, insurance, retirement and estate planning.

ACB-5020

FINANCIAL ECONOMICS

Length/Credit:
One Semester, 0.5 credit
Meets Graduation Economics Requirement
Prerequisite:
None, Open to 12 grade (only AOF students)
Location:
Offered at WHS, LHS, RHS
Want to understand why individuals and countries conduct business in different systems? Explore major components of individual consumer behaviors, incentives, substitutes, income and trends; the international financial system - monetary system, financial markets, banking and the multinational corporation; study foreign trade, exchange rates and markets.