Academy of Finance
All State Approved CTE courses and meets SD High School graduation requirement. These courses may receive concurrent credit to the South Dakota Public Technical Schools.
This is a 2 or 3-year national program designed to prepare students with practical skills to enter the world of business and finance. Students are able to earn up to 19 college credits and should apply in January of their freshman, sophomore, or junior year. The Academy of Finance is located at the Career & Technical Academy (CTE). The program is sponsored by the National Academy Foundation. Financial support for the program is provided by Citibank and numerous local internship sponsors. Successful completion of an internship is required to graduate from the program. Theses courses satisfy General Electives and Graduation requirements, as noted.
Academy of Finance Course Plan
Sophomore Course Plan:
Fall Semester- Accounting I
Spring Semester- Accounting II
Junior Course Plan:
Fall Semester- Accounting I
Spring Semester- Introduction to Financial Service & Banking/Credit
Senior Course Plan:
Fall Semester- Accounting I, Personal Finance
Spring Semester- Accounting II and/or Introduction to Financial Service & Banking/Credit, AP Economics or Economics
ACCOUNTING I
ACBA4010
Length/Credit: One Semester, Two Hour block at CTE, 1 credit
Prerequisite: None, Open to grade 10-12 | meets CTE or General Elective graduation requirement
Location: Offered at CTE only
Students meeting requirements, applying for credits within first week can earn concurrent credits
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.
ACCOUNTING II
ACBA4020
Length/Credit: One Semester, Two Hour block at CTE, 1 credit
Prerequisite: Accounting I, Open to grade 10-12 | meets CTE or General Elective graduation requirement
Location: Offered at CTE only
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.
BANKING & CREDIT
ACBA4050
Length/Credit: One Semester, One Hour block, 0.5 credit (Combined Block with Intro. to Financial Services) meets graduation Social Studies Elective/Elective or CTE requirement
Prerequisite: Accounting I, Open to grade 11-12
Location: Offered at CTE only
Students meeting requirements, applying for credits within first week can earn concurrent credits
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.
INTERNSHIP
ACBA4040
Length/Credit: 200 hours, 1 credit
Prerequisite: Accounting I, Banking & Credit, Introduction to Financial Services, Open to grade 11
Location: Offered at CTE only
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 business. Qualified students have the opportunity to complete a hands-on business related internship.
INTRODUCTION TO FINANCIAL SERVICES
ACBA4070
Length/Credit: One Semester, One Hour block, 0.5 credit (Combined Block with Banking & Credit) meets CTE or Social Studies Elective/Elective graduation requirement
Prerequisite: Accounting I, Open to grade 11-12
Location: Offered at CTE only
Payment for 3 college credits through the University of South Dakota,
Concurrent credit available for this course.
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.
Please see the Career & Technical Education Academy section for more courses.