Official Site of The State of New Jersey
Finance
The Finance Career Cluster® includes those career opportunities that relate to making strategic decisions to report, obtain, save, protect, and grow the financial assets of businesses and individuals. Individuals working in finance must have strong computation, analytical and interpersonal skills.
Career Pathways
- Accounting
- Securities and Investments
Eligible Classification for Instructional Program (CIP) Codes
As stated in the New Jersey Perkins V State Plan, career and technical education programs of study must support career pathways meeting two out of the following three criteria, high-wage, high-skill, and in-demand occupations. The following CIP codes have been identified as meeting these requirements at the state level.
| CIP Code | Program Name |
|---|---|
| 520301 | Accounting |
| 520801 | Finance |
Industry-Valued Credentials
Industry-valued credentials (IVCs) are identified by the New Jersey Department of Labor (NJDOL) as:
- Valued — demanded by employers.
- Portable — skills learned are transferable and provide broad opportunities.
- Stackable — skills learned may lead to opportunities for continuous or advanced training and education.
- Rewarding — lead to higher wages, career advancement and or increased job security.
The NJDOE analyzed the NJDOL IVC list by cross referencing every credential for each Career Cluster and identified them as either a Tier I or a Tier II IVC.
- Tier I IVC – stackable credential
- Tier II IVC – advanced credential and available for CTE program of study designation.
| Tier | Credential | Provider |
|---|---|---|
| Tier II | Fundamental Payroll Certification | American Payroll Association |
| Tier II | Quickbooks Certification | National Bookkeepers Association |
Career and Technical Student Organization (CTSO)
Each CTE program of study must provide students with the opportunity to participate in a CTSO. The CTSOs that are most aligned with this Career Cluster are FBLA and DECA.
Future Business Leaders of America (FBLA)
Jeffrey R. Victor, State Director
Kean University
jvictor@njfbla.org
NJ FBLA
National FBLA
DECA
Jeffrey R. Victor, State Director
Kean University
jvictor@njdeca.com
NJ DECA
National DECA
Resources
- NJ Business and Technology Educators Association
- National Association of Business Teacher Education
- National Business Education Association
- Association for Business Communication
Cluster Contact
finance.careercluster@doe.nj.gov
(609) 376-9067