Critical Priorities and Goals

The Indiana Business Education Association strongly supports the following as key initiatives for business education:

· Provide a vision of business education for the future
· Provide career awareness and career exploration activities
· Continue to integrate Indiana Standards into the business curriculum
· Assist students to prepare for new careers and opportunities in our technology-rich society
· Emphasize the development of soft skill across the business education curriculum
· Use technology as a teaching tool and a critical component of the curriculum
· Promote a school-based and work-based environment for learning
· Continue to enhance partnerships with business

Personal Finance

Crosswalk of Personal Finance, a Business Course, and the
Indiana Financial Literacy Education Academic Standards
October 2009

This crosswalk shows clearly that the course standards and performance expectations for Personal Finance are closely aligned with the Indiana Financial Literacy Education Academic Standards.

Personal Finance is not a new course in the Business curriculum. Business teachers have long believed that personal finance instruction is essential for our students. Through the many years that this course has been offered, it has been revised using classroom feedback, national and state organization resources (such as the National Business Education Association, Jump$tart Coalition for Personal Financial Literacy, and the Indiana State University Networks Financial Institute standards), and practicing professionals in the component areas of personal finance. The most recent revision was completed in April 2009.

Personal Finance prepares students for the roles and responsibilities of consumer, producer, entrepreneur, and citizen. The teaching/learning strategies used in Personal Finance engage students in acquiring knowledge and implementing practices that will enable them to make choices that will contribute to a higher standard of living as well as to their achieving longer term goals such as buying a house, funding a college education, making sound employment decisions, and planning investments for retirement, as well as preparing them to handle day-to-day business transactions expeditiously. Project-based learning is an important teaching/learning strategy used in Personal Finance.

Licensed business teachers are uniquely prepared to teach Personal Finance. In Indiana, licensed business teachers in middle and high schools have received appropriate academic preparation and certification to teach the Personal Finance course, which was approved by the Indiana Department of Education. In addition to course work in personal finance, licensed business teachers have completed courses in accounting, business finance, business law, economics, marketing, management, business communication, and information technology. An important part of the preparation of business education majors is a requirement to create instructional strategies for teaching business finance concepts, principles, and practices and to have the execution of these strategies critiqued in the classroom. Business teachers teach out of the depth and breadth of their preparation in business and the foundational teaching expertise gained in their methods classes. personalfinance@ind-ibea.org

A Brief Summary and Recommendation - Submitted to the Education Roundtable by the Indiana Business Education Association & Indiana Marketing Education Association

IBEA Personal Finance Position Paper

IDOE Guidelines on Personal Finance Requirement

Crosswalk of Personal Finance, a Business Course, and the
Indiana Financial Literacy Education Academic Standards

Building a Stronger Economy

Jump Start Coalition Presentation

Teacher Licensing

Summary of Rules

Myth Vs Fact about Licensing Proposals

REPA Power Point

ISTA Response to Myth Vs Fact

Indiana Business Education Association

Indiana Business Education Association
Page last updated: December 3, 2010
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