Finance & Financial Management
Career Focus
Prepared for immediate employment, advanced certifications, and further education
Who Can Attend
This class is typically available to students in grades 11-12.
Prerequisites: All students must successfully complete an Information Management course.
What To Do Next?
Details
This program consists of courses in Accounting and Advanced Accounting, where students will be introduced to the theory and practice of accounting and financial reporting.
Accounting
In Accounting, students will complete all phases of the accounting cycle, including:
- Collecting and verifying source documents
- Analyzing and journalizing transactions
- Posting transaction data to ledger accounts
- Preparing a trial balance, worksheets and financial statements
- Recording, adjusting and closing entries and preparing a post-closing trial balance
Advanced Accounting
Advanced Accounting is designed to help students develop in-depth knowledge of the principles of accounting, with more emphasis being placed on financial statements and accounting records. The course is a study of previously-learned principles as they apply to more complicated types of business organizations. Students will become familiar with specialized fields of accounting, including:
- Cost accounting
- Tax accounting
- Payroll accounting
- Managerial accounting
- Financial projections / interpretations
Financial Programs
Financial programs range from personal finance and money management to corporate accounting with an emphasis on the use of the technology and computerized accounting to analyze financial data. Students enrolled in this program have the opportunity to compete at the regional, state and national levels in Business Professionals of America (BPA) in contests such as Fundamental Accounting, Advanced Accounting, Payroll Accounting, Personal Financial Management, Banking and Finance, and Financial Analyst Team, among others, which allows them to attend workshops, network with business students from around the country, and experience travel. Many students have achieved national recognition in BPA.
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Resources
Career Ladder
Bachelor's Degree or Higher
- Accountants and Auditors
- Appraisers and Assessors of Real Estate
- Audio-Visual and Multimedia Collections Specialists
- Career/Technical Education Teachers
- Chief Executives
- Compliance Officers
- Cost Estimators
- Credit Analysts and Counselors
- Designers, Graphic & All Other
- Financial Analysts
- Loan Officers
- Market Research Analysts and Marketing Specialists
- Meeting, Convention, and Event Planners
- Personal Financial Advisors
- Public Relations Specialists
- Purchasing Agents, Except Wholesale, Retail, and Farm Products
- Sales Representatives, Wholesale and Manufacturing, Technical
- Securities, Commodities, and Financial Services Sales Agents
- Specialists, Financial, Human Resources & Labor Relations
Associate's Degree, Long-Term Training & Apprenticeships
- Broadcast Technicians
- Claims Adjusters, Examiners, and Investigators
- Funeral Service Managers
- Human Resources Assistants, Except Payroll
- Photographers
- Real Estate Sales Agents
Certificate or Moderate-Term Training
- Advertising Sales Agents
- Advertising Sales Agents
- Audio and Video Equipment Technicians
- Bill and Account Collectors
- Clerks
- Data Entry Keyers
- Eligibility Interviewer
- Insurance Sales Agents
- Sales Representatives, Except Technical
- Secretaries, Legal, Medical
- Sound Engineering Technicians
- Tax Preparers
- Travel Agents
High School Diploma or Equivalent & Short-Term Training
- Cashiers
- Clerks
- Customer Service Representatives
- Gaming
- Library Assistants, Clerical
- Receptionists
- Retail Sales
- Sales Representatives, Services, All Other
- Secretaries and Administrative Assistants
- Switchboard Operators
High School Credit
Students should inquire within their guidance office about high school curriculum requirements that may be satisfied through a CTE class, as this is determined individually by school district. The courses in this program at Westwood High School satisfy the 4th year math credit requirement.
College Credit
College credit(s) possible (CLEP Test required)
- Students have the potential of earning college credits by achieving satisfactory scores on the College Level Examination Program exam (CLEP)
- Each college reserves the right to set its own credit-granting policy
- Contact your college(s) to find out the score it requires to grant credit, the number of credit hours granted, and the course(s) that can be bypassed with a satisfactory score
National College Credit Recommendation (Test required)
- Students have the potential of earning college credits by scoring 70% or better on the National Occupational Competency Testing Institute (NOCTI) assessment for Advanced Accounting
- Test is administered in the classroom during mid-spring semester to students at the end of their Finance and/or Business programs
- Over 1,500 colleges and universities accept NOCTI credit recommendations
Success Story
Westwood Students Prepare for National Business Professionals Competition
A group of Westwood High School students are gearing up to compete at the Business Professionals of America National Leadership Conference at the end of the month!
In March, 31 students from Westwood High School competed at the Michigan Business Professionals of America State Leadership Conference. During the competition they took part in events that tested their skills with office systems, accounting, administrative concepts and even word processing.
Of those 31, 13 were chosen to advance to the National Conference in Anaheim, California.
Those students have been hard at work honing their skills. Skills that will not only help them to succeed at the conference, but also in their future careers.
"It's possible that my future career will involve something business related, so it's good practice for that, and it is fun to get to travel," said Aili Harmon, a junior at WHS.
Locations
Finance & Financial Management is offered at:
- Marquette Senior High School
- Negaunee High School
- Westwood High School