Course · AL

Entrepreneurship and Financial Skills Development

Career and Technical Education, Alabama State Department of Education (ALSDE)

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Entrepreneurship and Financial Skills Development is designed to teach students how to think and act as entrepreneurs. Standards in this course focus on skills needed to start and operate a business while in school. The course builds on academic skills by integrating inquiry-based learning and business tools that enable students to plan, create, develop, and pilot small businesses in a safe campus environment.

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Skills taught

Explore the range of careers available in the field and investigate their educational requirementsAdvocate and practice safe, legal, responsible, and ethical use of informationParticipate in a Career and Technical Student Organization (CTSO) to increase knowledge and skills and to enhance leaderDiscuss and demonstrate ways to value diversityResearch and share information on the role of entrepreneurship within the economyDescribe how economic concepts are applied to the decision-making process in an entrepreneurial ventureIdentify methods to determine the wants and needs of customersDescribe the aspects of interpersonal relationships in organizationsResearch and describe traits and behaviors associated with entrepreneurial successManage and operate an actual or simulated businessResearch, develop, and present a business planEnumerate start-up costs for a new or expanding business and identify possible sources of fundingExplain financial concepts and tools used by entrepreneurs in making business decisionsDescribe financial challenges encountered by small business ownersResearch and share information about ways entrepreneurs can effectively utilize the Internet
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