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What is Finance and Business Services?

Finance and Business Services (FBS), one of the Career and Technical Education (CTE) endorsement areas for 6-12 grade Illinois classrooms, helps students become college and career ready through critical thinking and real-world application of skills that are built within the content and application of FBS courses. By taking FBS-specific courses or through the development of integrated units from other Illinois CTE endorsement areas, students develop academic knowledge and technical skills for a lifetime of opportunities as productive and responsible citizens.

Source: Adapted from

Occupational Outlook Handbook


At minimum, Illinois FBS focuses on the following areas:

  • Career Development
  • Communications
  • Digital Literacy
  • Economics
  • Entrepreneurship
  • Financial Procedures
  • Information Systems/Technology
  • International Business
  • Interpersonal and Leadership Skills
  • Marketing
  • Principles of Management and ​Law

For more information about FBS, please contact This email address is being protected from spambots. You need JavaScript enabled to view it., ILCTE FBS Leader. For more information about ILCTE, please contact This email address is being protected from spambots. You need JavaScript enabled to view it., Project Director. To be added to our communications list, please fill out the contact information. Additionally, please connect with us on Facebook, Twitter, and YouTube.

ILCTE Innovative Lessons

Career Clusters

The National Career Clusters® Framework serves as an organizing tool for Career Technical Education (CTE) programs, curriculum design and instruction. There are 16 Career Clusters in the National Career Clusters Framework, representing 79 Career Pathways to help learners navigate their way to greater success in college and career. The framework also functions as a useful guide in developing programs of study bridging secondary and postsecondary systems and for creating individual student plans of study for a complete range of career options. As such, it helps learners discover their interests and their passions, and empowers them to choose the educational pathway that can lead to success in high school, college and career.


There are 16 nationally recognized Career Clusters; Illinois has 17 Career Clusters (Energy is the 17th). Illinois FBS teachers may want to consider the examination of three-specific career clusters in the development of their program.

Finance Career Cluster

This Career Cluster® is focused on planning, services for financial and investment planning, banking, insurance, and business financial management.


This Career Cluster® is focused on planning, managing and performing marketing activities to reach organizational objectives.

Business Management and Administration

This Career Cluster® is focused on careers in planning, organizing, directing and evaluating business functions essential to efficient and productive business operations.

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PaCE Framework

Counselors, advisors, teachers and other educators can use the PaCE document to identify what types of experiences and information a student should have in order to make the most informed decisions about college and career planning. Organized from 8th through 12th grade, the Illinois PaCE Framework explains what students should be supported to do and what they should know at the end of each grade relative to three key domains: Career Exploration and Development; Postsecondary Education Exploration, Preparation, and Selection; and, Financial Aid and Literacy.


Diversity, Equity, and Special Populations  

Illinois has a commitment to provide every student the opportunity to be supported by highly effective teachers and school leaders. Further, Illinois understands that the two most important components for providing student learning are effective teachers and school leaders. Therefore, Illinois is focusing on developing highly effective teachers and leaders who are prepared to work to meet the instructional needs of each child, including those who have special needs and/or are English Language/Bilingual learners whether they come from high-poverty schools or low-poverty schools. To meet the needs of its lowest performing schools, Illinois is focusing on preparing teachers and principals to focus on differentiated instruction, student learning, and school improvement. Ensuring that teachers and principals are highly prepared to work in high need schools (HNS) will help to reduce the inequity among schools. Additionally, providing induction, mentoring, and professional development programs that focus on instructional needs of children will further support student learning in HNS (Source:

Resources for Teachers:

What is a Program of Study?

According to the definition put forward in Perkins V, a program of study must, at minimum, be a coordinated, non-duplicative sequence of academic and technical content at the secondary and postsecondary level that:

  • Incorporates challenging, state-identified academic standards;
  • Addresses academic and technical knowledge, as well as employability skills;
  • Is aligned to the needs of industries in the state, region, Tribal community or local area;
  • Progresses in content specificity;
  • Has multiple entry and exit points that allow for credentialing; and
  • Culminates in the attainment of a recognized postsecondary credential.

    FBS Course Matrix


Learning Standards

The Common Career Technical Core (CCTC) is a state-led initiative to establish a set of rigorous, high-quality standards for Career Technical Education (CTE). The standards have been informed by state and industry standards and developed by a diverse group of teachers, business and industry experts, administrators and researchers. Forty-two states, the District of Columbia and Palau participated in the development stage of the CCTC, which was coordinated by Advance CTE. The development of the CCTC was a multi-step process that incorporated input from approximately 3,500 individuals representing K-12 education, business and industry and higher education from across the nation.


​Career and Technical Student Organizations

“Our mission at Business Professionals of America is to develop and empower student leaders to discover their passion and change the world by creating unmatched opportunities in learning, professional growth and service.” – BPA Website

Mission Statement: “To assist local Chapters in the growth and development of DECA. To further develop a respect for education in marketing and management, this will contribute to occupational competence. To promote an understanding and appreciation for the responsibilities of citizenship in our free competitive enterprise system.” – Illinois DECA Website

“The Future Business Leaders of America is a student organization for motivated students who want to have fun and grow as leaders.” – Illinois FBLA Website

State and National Associations

  • Illinois Business Education Association
    Illinois Business Education Association is a professional organization for Illinois business teachers of all levels. They serve these educations by promoting the profession, keeping them informed, providing them with special publications, communicating with affiliate organizations, encouraging membership, inviting membership of others, providing scholarships, promoting cooperation among Illinois business education youth organizations, and recognizing their accomplishments.

  • National Business Education Association
    “The National Business Education Association (NBEA) is the nation's leading professional organization devoted exclusively to serving individuals and groups engaged in instruction, administration, research, and dissemination of information for and about business. NBEA is the leading association devoted to the recognition that business education competencies are essential for all individuals in today's fast-changing society.” – NBEA website

  • Illinois Association for Career and Technical Education
  • Association for Career and Technical Education
  • Illinois State Board of Education CTE

Online Learning Resources

Additional Resources

The following documents and links have been publicly shared online

Accounting Ethics Project

This project gives the students a list of famous accounting scandals. Students will research all about a specific scandal and combine their findings in a paper or PowerPoint presentation.

Click here to download:  pdfdownloadicon

Buying a Computer Project

This project has the students research various options to a computer when looking to buy one. Answers will be recorded in a Google Doc and then compiled into a Google Presentation.

Click here to download:  pdfdownloadicon

Create a new OREO package

Students will create a new flavor and design a new OREO package.The package must be appealing and obvious on who the target market is.

Click here to download:  pdfdownloadicon

Company Research Project and Display

Students will choose one company to research. They will look at marketing strategies, target markets, competitors, pricing strategies, etc. Students will create a visual presentation.

Click here to download:  pdfdownloadicon

Contract Writing - Having a Child

This project provides several different scenarios on people expanding their family. Students must write a contract must include religion, background, and discipline.

Click here to download:  pdfdownloadicon

Disney Park Expansion Project

Students will choose a country where Disney does not already have an amusement park. The final product must include a map, overall country profile, and detailed explanations on what is in the park.

Click here to download:  pdfdownloadicon

Dream Car Project

This project has the students find a car online and then do a cost analysis on the vehicle. Then the students will research four other cars and graph a cost comparison in Excel.

Click here to download:  pdfdownloadicon

Illinois Teacher Licensure

​Illinois offers three different Educator Licenses with Stipulations (ELS) endorsed in Career and Technical Education (CTE). Career and Technical Education programs provide instruction for occupations in Agricultural Education; Business, Marketing and Computer Education; Family and Consumer Sciences; Health Science Technology; and Technology and Engineering Education (Industrial).​(Click here for more information)

Illinois Teacher Job Bank

Search the Illinois Teacher Job Bank for your next career move (Click here for more information)

Keyboarding Technique Outline

In this worksheet, students will read three different articles and fill in the provided outline about keyboarding technique.

Click here to download:  pdfdownloadicon


This worksheet has the students come up with an educational goal and then takes them through the SMART steps to ensure that the goal is obtained.

Click here to download:  pdfdownloadicon

Vacation Budget Project

Students will utilize Excel to research and compare various vacation destinations. They will record their data and create charts in Excel.

Click here to download:  pdfdownloadicon

Employment Tools

Skills2Succeed Academy (Click Here)

This website is a free, highly interactive online training program.  It helps learners build the skills and confidence they need to make smart career choices and find and succeed in employment. (Click Here!)

Social Media

Business Educators
A nationwide business educators Facebook page to collaborate and share ideas.

Illinois State University Business Educators
“The Business Teacher Education major at Illinois State University combines the solid foundation of a business degree with preparation of teachers in business, marketing and computers. We recently added a non-license online M.S. in Business Education.”

Illinois Business Education Association
Illinois Business Education Association Facebook page posts news updates and the latest trends in the business classroom.