Explore CTE’s role in developing the workforce in financial services with ACTE’s updated Sector Sheet. This brief has been revised with the latest on job demand, talent shortages and exemplary CTE programs.
There are almost four million “good jobs”—jobs that pay an average of $55,000 annually—in financial, consulting and business services. In addition, almost 800,000 new jobs are projected in business and financial services by 2026, fueled by an expanding global economy and an intricate regulatory and tax environment.
To engage and prepare students for careers in this sector, the Academy of Finance at Como Park Senior High School in Saint Paul, Minnesota, offers a career-themed smaller learning community with counseling, coordinated wraparound services and work-based learning experiences such as internships with the Federal Reserve Bank of Minneapolis. Students in the academy have the opportunity to earn up to 16 college credits and a certificate from Saint Paul College.
On the postsecondary level, Arizona’s Glendale Community College, Mesa Community College and Rio Salado College have responded to demand in the state’s insurance sector by teaming up to offer a postsecondary certificate in insurance studies. The 18-credit certificate curriculum was developed in collaboration with professionals from 20 insurance companies and articulates to associate and bachelor’s degree programs.
ACTE’s Sector Sheet series is generously supported by Pearson.
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