MONEY:Multiple Opportunities Needed to Engage Youth

WHO WANTS TO BE A

MILLIONAIRE?

Academy of Business & Finance

• The mission of the Acadiana High School Academy of Business and Finance is to equip students with the financial knowledge and communication skills necessary to have an immediate competitive edge in post-secondary education and/or the workforce.

History

• Began in 2002 as part of the Lafayette Parish School System “Schools of Choice” Program–Approximately 30 programs from

Pre-K to high school

Member of NAF (National Academy Foundation)• Smaller learning communities • Industry-specific, project-based

curriculum• Finance• Hospitality and Tourism• Information Technology• Engineering• Newest: Health Sciences

• 40 states with almost 500 academies• www.naf.org

How do students join?

• Online application• Essay• Teacher recommendation• Interview session• LOTTERY

– Based on formula approved by Department of Justice• NO CRITERIA ON DISCIPLINE,

ATTENDANCE, OR SOCIAL HISTORY

• Only requirement to remain in the program: schedule & pass required curriculum

What do they learn?

• Career Cluster: Finance• AOC: Banking and Finance (NAF Academy)

9th grade 10th grade 11th grade Summer 12th grade

Principles of Finance

Entrepreneurship Principles of Accounting

Internship

Business Ethics

Financial Services

Business in a Global Economy

Managerial Accounting

Applied Finance

FinancialMath

TEACHERS LIKE FREE (or cheap) RESOURCES!

So how/where do we find them?

First and foremost…YOUR BUSINESS COMMUNITY• Advisory Board

consisting of:– Industry

representatives– Post-secondary

institutions– Parent– Student– Teachers– Administrators– District leadership

• Involvement:– Curriculum selection

and implementation (classroom visits, fieldtrips, assistance with project)

– Student Internships and Teacher Externships

– Mentoring– Fundraising &

Donations

Partnerships• Open a credit

union or bank in your school

• Offer tax preparation services through the VITA program

FBLA

Melissa Gossen, Lafayette Schools’ Federal Credit Union, Summer 2012

Internships

Activities to incorporate financial literacy in your classroom:• Non-technology:

– NEFE– MoneyTrack– Federal Reserve

materials– Checking Account

Simulations (The Financial Literacy Project)

– Chad Foster books– w!se– U.S. Treasury

Financial Capability Challenge

• Technology:– Gen i Revolution– MoneySKILL– The Stock Market

Game– EverFi– On Your Own

Coast-to-Coast (budgeting simulation)

– Dave Ramsey’s “Foundations in Personal Finance”

• (curriculum approved for public high school use)

SCHOOL-WIDE ACTIVITIES

Financial Literacy Month – April

Be A Millionaire Day – May 20th

Teacher Professional Development Opportunities:• Jump$tart (State & National Conferences)• Council for Economic Education• Continuing Education

– Economics for Educators (FTE)– NYSE Teachers’ Workshops– Federal Reserve Bank Teachers’ Workshops– State & District Summer Trainings

• GEAR UP Educators’ In Business Camp • Fund for Teachers (www.fundforteachers.org)• Externships/Mentoring Opportunities

Questions?Academy of Business and Financewww.ahsbusinessandfinance.com

Phone 337.984.2324315 Rue du Belier, Lafayette LA 70506