Business, Management and Finance (BMF) Career Cluster

State Update

October 18, 2013

Bridgette M. Sloan

CTE Education Program Supervisor

Division of Career and College Readiness

BMF State Update

CTE Update State of the State

BMF Overview Progress and Challenges

Next Steps Strategies for Improvement

21st Century CTE

Today’s CTE prepares students for both college and careers through rigorous programs of study.

The focus has moved from preparing students with trade specific skills to preparing them with academic and technical knowledge to be successful in a wide range of career opportunities (and advanced education and training).

Increased accountability supports CTE program improvement with an emphasis on academic and technical skill attainment (industry certification) – College and Career Readiness

Maryland Secondary CTE www.mdcteprograms.org

Arts, Media, & Communication (AMC)

Business, Management & Finance (BMF)

Construction & Development (C&D)

Consumer Services, Hospitality, & Tourism (CSHT)

Environmental, Agricultural, & Natural Resources Systems (EANR)

Health & Biosciences (H&B)

Human Resource Services (HRS)

Information Technology (IT)

Manufacturing, Engineering & Technology (MET)

Transportation Technologies (TT)

Maryland CTE Today

Half (50%) of all grade 10-12 high school students enroll in CTE courses (107,615)

19% of the class of 2010 completed a CTE program of study (11,404)

51% of the CTE graduates also completed the coursework for entrance to USM, this is considered a “Dual Completer” (5,694)

50%

Percent of High School CTE Enrollment (10-12)

19%

Percent of High School CTE Graduates

2011 CTE Enrollment by Career Cluster

30%

19%

11%

9%

7%

7%

5%

4%

4%3% 2%

BMF

HRS

CSHT

MET

CRD

IT

EANR

C&D

H&B

AMC

TT

37,000 Enrolled (9-12)

5,550 HS Graduates (2011)

BMF Progress and Challenges

• CTE Program Enrollment and Completion

• Updating CTE Programs of Study - courses and sequence 

• Increasing access and success on certification and CLEP exams

• Enhancing student achievement through participation in CTSOs

Enrollment Trend- Business Management and Finance – 2008-2012

2008 2009 2010 2011 20120

10000

20000

30000

40000

50000

60000

2012 BMF ClusterEnrollment, Concentrators, Graduates, Completers,

Dual Completers

Enrollment

Concentrators

Graduates

Completers

Dual Completers

0 5000 10000 15000 20000 25000 30000 35000

33103

10195

5831

1843

1243

Enrollment

Concentrators

Graduates

Completers

Dual Completers

Relative Share of Business Management and Finance Programs of Study Enrollment - 2012

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

1,670 5,670 3,325 8,522 9224 4515

Academy of Finance (NAF)

Finance and Accounting

Marketing

Administrative Services

Business Management

Local Programs

CL

EP

CL

EP

CL

EP

MO

S

DU

AL

National Academy Foundation (NAF)

Academy of Finance (AOF)

[Revised]

Principles of Finance/Fina

ncial Planning

(1) Required

Principles of Accounting/ Managerial Accounting (1) Required

Business Economics/ Ethics in Business(1)

and

Financial Services/ Applied Finance

(1)

Academy Internship Experience

(summer of junior year) required and

10th

11th

12th

NAF-Enrollment

Total Enrollment LSS TSA Options State Articulation

1670 10 College Credit(Dual Enrollment)

See NAF website

NAF/AOF Certification

• Student Certification Assessment System (SCAS)

• This is a new assessment-based program certificate certifying college and career readiness.

• NAF is in the process of establishing a memoranda of understanding with more than 60 colleges and universities who agree to recognize NAF academy graduates who have earned Certification as they apply for admission and advanced credit.

• For more information, visit the website: http://naf.org/news/assessments-certification-articulation-agreements

Principles of Accounting & Finance

(Required course)

Advanced Business Management

Advanced Accounting

(Excel Exam)

Introduction to Marketing

(Includes e-commerce)

Office Systems Management I

(MOS Cert.)

Office Systems Management II

(MOS Cert.)

Advanced Marketing

(CLEP Exam)

Accounting & Finance Capstone Course

(CLEP Exam)

Pathway:

Business Management

Pathway:

Accounting and Finance

Pathway:

Marketing

Pathway:

Business Administrativ

e Services

Principles of Business Administration and Management

(Required course)

Business ManagementCapstone Course/

(CLEP Exam)Options:

• Dual enrollment

• Internship

10th

11th

12th

12th

12th

BMF Cluster Programs

Enrollment:Business Management

2011 Total Enrollment

LSS TSA Options State Articulation

9224 13 CLEP Exam See College List

Enrollment:Accounting and Finance

2011 Total Enrollment

LSS TSA Options State Articulation

5670 14 CLEP Exam See College List

Enrollment:Marketing Pathway

2011 Total Enrollment

LSS TSA Options

State Articulation

3325 10 CLEP Exam See college list

Enrollment: Business Administrative Services

Comparison of Overall Performance and Cluster State Programs of Study to Overall State Performance

(2012 PQI)

State Average

Cluster Average

Cluster POS

84.80 86.30 85.8688.15 88.77 88.3577.33 66.73 67.7199.64 99.62 99.6499.88 99.87 99.8574.78 78.68 79.2735.85 54.14 53.8729.45 50.79 50.4755.25 67.15 73.95

6S2- Non-trad Complete

1S1- HSA English

1S2- HSA Math

2S1- TSA

3S1- HS Completion

4S1- ESEA Graduation

5S1- Placement

6S1- Non-trad Enroll

Dual Completion

Technical Skill Attainment• Industry Certification Options

• Early College Credit Options-- Dual Enrollment

-- Credit by Exam

Total = 84 High Schools in Local School Systems offer students Access to MS Certification

Strategies for Increasing Access to Certification / College Credit

Offer CLEP prep Webinars for each pathway.

Sharing of CLEP prep best practices among teachers at PD.

Sharing of MOS Cert. best practices among teachers at PD.

Career Technology Student Organizations (CTSO)

BMF students also participated in CTSO events through: FBLA – 2588 enrollment DECA – 488 enrollment

*CTSO students earn industry certification or licensure at higher rate than non-CTSO CTE students (23% vs. 8%)

*CTSO students plan on college and take more courses for college credit through articulation agreements (25% vs. 12%)

*CTSO students are more focused on working in an area related to their program of study (19% vs. 5%)

*CTSO students more likely to pursue post-secondary education while working in an area related to program of study (24% vs. 10%)

*data from pre-graduate survey of all CTSO’s

Event DECA FBLA

Fall Leadership Conference October 24, 2013Hunt Valley Inn

November 5, 2013Maritime Institute

Regional Conference

No regional location • Region I – 02/18/14• Region II – 02/11/14• Region III – 02/05/14• Region IV – 02/13/14 • Region V – 02/01/14

State Leadership Conference

March 13-14, 2014TBD

April 10-12, 2014Hunt Valley Inn

National Conference May 3-6, 2014Atlanta, GA

June 29- July 2, 2014Nashville, TN

Cluster Team Contact Information

Bridgette M. SloanCTE Lead Specialist

(410) 767-0556

bsloan@msde.state.md.us

VacantCTE Regional Coordinator

VacantCTE Student Organization Specialist

UMES Affiliate UpdateDr. Nicole Buzzetto-More

Associate Professor

Department of Business, Management, and Accounting

University of Maryland Eastern Shore