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
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
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