Finance & Accounting

Finance & Accounting is focused on planning, services for financial and investment planning, banking, insurance, and business financial management. More information on the specific cluster can be found here. 

 

Courses in our Program:

 

Banking and Finance A/B - 91032/91033
Grades: 9-12
1.0 credit
Course Note: Completion of this class will fulfill the fourth-year Mathematics credit requirement or will meet the state-approved formal CTE program for 1.0 exchange credit in Science or World Language or Visual, Performing & Applied Arts.
 

This course provides an overview of the financial system. It examines the fundamentals of banking, including the theory of interest rates, the functions of banks as financial intermediaries, and the financial markets in the financial system. Included in this course will be the basic business of banking, bank regulation, the banking system, central banking, monetary policy and the changing environment of banking. Additionally, personal finance topics such as investing, insurance, and consumer credit will be discussed. Back to Top

 

Financial Literacy A/B - 91054/91055
Grades: 9-12
1.0 credit
Course Note: This class fulfills the fourth year math requirement. Understanding and managing personal finance is integral to one’s future success.
 

This foundational course is designed to provide students with the essential knowledge and skills to make informed decisions about real world financial issues. This course covers the four major areas of personal finance. Included are income, money management, spending and credit, and saving and investing. Typical math problems include payroll taxes, figuring discounts, markup percentage, interest computations including fixed and variable rate mortgages, installment credit, insurance, and business records. In a project-based environment, students will: design personal and household budgets; simulate use of checking and saving accounts; demonstrate knowledge of finance, debt, and credit management; and evaluate and understand insurance and taxes. Students will apply mathematical principles in solving a variety of consumer and personal financial problems. Students apply math skills such as percents, proportions, data analysis, functions and formulas to real-life situations. This is a related course for Finance Work-Based Learning (Co-Op). Students may contact a CTE teacher for additional information. Through an articulation agreement with Baker College students earning a grade of B or above may earn college credit. Back to Top

 

Computerized Accounting 1A/1B - 91070/91071
Grades: 9-12
1.0 credit
Course Note: Completion of this class will fulfill the fourth-year Mathematics credit requirement or will meet the state-approved formal CTE program for 1.0 exchange credit in Science or World Language or Visual, Performing & Applied Arts.
 

This course is strongly recommended for students who wish to pursue a career in Business or Finance. Using an integrated approach in the course, students learn how businesses plan for and evaluate operating, financing and investing decisions and then how accounting systems gather and provide data to internal and external decisions makers. This course covers all the learning objectives of a traditional college level accounting course, plus those from a managerial accounting course. Topics include accounting information systems, me value of money, accounting for merchandising firms, sales and receivables, fixed assets, debt, equity, cash flow, financial ratios, cost-volume profit analysis and variance analysis. This course is a related course for Finance Work-Based Learning. Through an articulation agreement with Baker College students may contact a CTE teacher for more information. College credit is available for all students who earn a grade of B or above. Back to Top

 

Computerized Accounting 2A/2B - 91072/91073
Grades: 10-12
1.0 credit
Prerequisite: 91071 - Computerized Accounting 1B
Course Note: Completion of this class will fulfill the fourth-year Mathematics credit requirement or will meet the state-approved formal CTE program for 1.0 exchange credit in Science or World Language or Visual, Performing & Applied Arts.
 

This course is a continuation of Computerized Accounting. It takes the basic accounting principles and processes learned in the first course, and expands upon their uses. This course is strongly recommended for students who wish to pursue a career in Business or Finance. Using an integrated approach in the course, students learn how businesses plan for and evaluate operating, financing and investing decisions and then how accounting systems gather and provide data to internal and external decisions makers. This course covers all the learning objectives of a traditional college level accounting course, plus those from a managerial accounting course. Topics include accounting information systems, me value of money, accounting for merchandising firms, sales and receivables, fixed assets, debt, equity, cash flow, financial ratios, cost-volume profit analysis and variance analysis. This course is a related course for Finance Work-Based Learning. Through an articulation agreement with Baker College students may contact a CTE teacher for more information. College credit is available for all students who earn a grade of B or above. Back to Top