Courses of Study: Finance

Number of Standards matching query: 22

Finance, Grade 9 - 12, Banking and Financial Services, 2009

1.) Analyze marketing strategies utilized by financial institutions to determine how they impact customer base.

Examples: community relations, customer service, advertising

2.) Analyze the history and role of the securities market to determine its impact on the global economy.

3.) Utilize research results to determine ethical and legal issues associated with the banking and financial industry.

4.) Compare credit and loan options provided to consumers by banking and financial institutions.

Example: unsecured loans versus secured loans

5.) Use personal and technical skills needed for entry-level banking and finance occupations.

Examples: money-handling skills, communication skills, money balancing

•  Explain the importance of money-handling skills, including arranging cash drawer, verifying change fund, giving correct funds, balancing cash drawer, and practicing theft control
6.) Demonstrate skills needed to provide effective customer services, including assisting customers with essential information to select appropriate services, explaining customer rights and responsibilities, providing feedback to customers in a timely manner, processing customer information efficiently and effectively, and maintaining customer privacy and confidentiality.

7.) Analyze various financial services to determine best products for meeting individual customer needs.

Examples: investment banking, commercial banking, cash management, insurance, other corporate and personal services

8.) Demonstrate accounting knowledge to perform manual and electronic financial functions as they relate to the financial institution and customer.

Examples: generating financial documents, creating customer accounts

9.) Interpret basic financial policies, procedures, and state and federal regulatory guidelines and laws that control financial institutions.

Examples: laws related to Federal Deposit Insurance Corporation (FDIC) insurance, identity theft, and interest rate

10.) Analyze various expenses associated with consumer loans to determine their advantages and disadvantages.

11.) Interpret banking financial records.

Examples: deposit reports, bank statements, bad debt reports

12.) Calculate debt-to-income ratio to evaluate customer credit.

13.) Interpret the relationship of the Federal Reserve Bank to local banking institutions.

14.) Determine career and entrepreneurial opportunities, responsibilities, and educational and credentialing requirements related to banking and financial services.