Faribault Business Academy
Faribault Business Academy
The Faribault Business Academy is an innovative program that engages high school students with real world business applications and networking opportunities.
This program is designed for students interested in developing the skills needed in the business career pathway for a successful future after high school.
Business Academy Courses
PERSONAL FINANCE AND MONEY MANAGEMENT 7357
Course Description: This course covers the basics of personal money management. Units include career exploration and job seeking skills, investing and retirement, banking, housing, buying vehicles, credit and loans, consumer economics, debt, insurance, and budgeting. Dave Ramsey's high school personal finance curriculum is used for this course and is supplemented by guest speakers from the Faribault community. Students may complete tax returns, run a Virtual Personal Finance simulation and compete in the Best Prep Stock Market Game.
BUSINESS MANAGEMENT & ADMINISTRATION 7359
Course Description: This course focuses on the entrepreneurial start-up and management of a small to mid-size business. Students will learn about economics, ethics, financial risks, legal considerations, hiring and training of employees, and how to run a successful marketing campaign. The final project will be to create your own business plan.
SALES & MARKETING/DECA 7362
Sales and Marketing is designed to meet the needs of students who desire to explore skills necessary in careers involving marketing and business functions. This course will present the student with a solid foundation of the marketing mix and related topics. This course will also focus on DECA activities, school store management and community based experiences. The final project will be a comprehensive marketing project that can be used at the district DECA competition.
Course Description: This course provides a comprehensive examination of the major activities of marketing and focuses on the 4 P's of the Marketing Mix. Real-world examples, videos, class activities, group discussions, and other instructional aspects may be used to further the student’s involvement in and understanding of the business arena. Students will compete in an-end-semester Shark Tank Competition. This class is available for concurrent college credit with South Central College and is part of the transferrable Business Pathway in the Minnesota Colleges and Universities system.
AP MICROECONOMICS 8363
AP Microeconomics meets required Economics graduation credit.
Course Description: The purpose of AP Microeconomics is to provide a thorough understanding of the principles of economics that apply to the functions of individual decision makers, both consumers and producers, within the larger economic system. It places primary emphasis on the nature and functions of product markets, and includes the study of factor markets and of the role of government in promoting greater efficiency and equity in the economy. AP MicroEconomics is a course that requires a significant amount of reading and time in order to be successful.
Course Description: The primary focus of Accounting is to learn the rules and procedures of accounting for profit-motivated businesses. Students will be introduced to the language of business and basic accounting principles. Students will complete an accounting cycle for a service business organized as a sole proprietorship. The course will integrate electronic accounting to complete accounting transactions. The course is recommended for students interested in business careers after high school, students majoring in business at a post-secondary institution, students interested in starting their own business, and students who want to understand financial information for their own personal use.
PROFESSIONAL CAREER INTERNSHIP
S1 or S2
*Capstone Course for students in Business Academy. Non-Business Academy students may be admitted by permission.
Course Description: In the Business Academy Capstone course you will have the opportunity to experience a hands-on internship opportunity at a business or organization in the community to help determine your future career pathway. Employers and colleges seek students who have acquired hands-on work experience beyond classroom instruction. The main purpose of participating in an internship tis to learn and gain valuable experience for a future career. You will be expected to participate in classroom activities relating to your internship and work cooperatively with both the instructor and the employer to gain the most knowledge and skills from the internship experience.
The Faribault Business Academy is designed to provide students with:
· Refined work-readiness skills
· Credit towards the required Economics and Fine Arts credit
· Creation of an impressive resume for college, scholarship, and job applications
· Participation in real-world learning experiences
· CIS and AP college course offerings
· Provides the opportunity to compete with other students around the state and country in DECA, community service and promotional projects, Junior Achievement, Best Prep Stock Market Game, and Virtual Business simulations
· Internship placement with a professional mentor in the business community
What are the requirements of the Faribault Business Academy?
· A desire for high academic rigor
· Teacher referral
· Successful completion of Personal Finance, Sales and Marketing or Business Management
Additional Business Courses
SPORTS & ENTERTAINMENT MARKETING 7360
Credit Course Description: In Sports & Entertainment Marketing, we will emphasize sports and entertainment’s marketing role in society. We will focus on effects of economic, social, cultural, technological and legal changes in the environment by using sports, music, movies, video games and other entertainment as primary examples. In addition, controllable variables essential to marketing success, will be examined, including pricing, product development, distribution and promotion. We will explore how marketing guides sports and entertainment business strategy, discovers and creates demand for products and influences product development. The final project will include creating a marketing plan for a new sports franchise or entertainment venue.
ON-THE-JOB (WORK-BASED LEARNING) 7476
Prerequisite: Teacher Approval (based on attendance and performance record at FHS)
*This course is taught as a Hybrid Online Course and classroom meeting times will vary
Course Description: On-The-Job course is designed to prepare and increase a student’s success of obtaining and being a productive employee. The two hour class will be comprised of a hybrid classroom component and work release component. This course will build student knowledge and competencies that will provide solid foundation for entering the workforce and advancing in a career. Course components include individual assessment of work skills, occupation exploration, post-secondary training options, job search, job application and interviewing, workplace competencies, business communications, corporate structure, personal taxes, money management and acquiring attributes of a high-quality employee. Successful completion of this course includes completion of all classroom assignments and obtaining and maintaining employment.