About This Cluster

Whether a business wants to offer a product or service to make a profit, or serve the public as a non-profit organization, they need to know how much money is necessary to continue to operate, make payroll, and pay expenses.  Finance is the science of money management.

Finance experts are involved with every aspect of a business’s financial resources, from day-to-day accounting and budgeting, to tax planning, banking, investments, credit, and the generation of financial reports. They help develop both long term and short term financial strategies that help businesses meet their goals.

In short, Finance is one of the most important aspects of business management.

Skills and Interests

Skill Skill Description
Critical Thinking Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Reading Comprehension Understanding written sentences and paragraphs in work related documents.
Active Listening Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Mathematics Using mathematics to solve problems.
Writing Communicating effectively in writing as appropriate for the needs of the audience.
Speaking Talking to others to convey information effectively.
Judgment and Decision Making Considering the relative costs and benefits of potential actions to choose the most appropriate one.
Active Learning Understanding the implications of new information for both current and future problem-solving and decision-making.
Complex Problem Solving Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
Monitoring Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
Systems Analysis Determining how a system should work and how changes in conditions, operations, and the environment will affect outcomes.
Systems Evaluation Identifying measures or indicators of system performance and the actions needed to improve or correct performance, relative to the goals of the system.
Interest Interest Description
Conventional Conventional occupations frequently involve following set procedures and routines. These occupations can include working with data and details more than with ideas. Usually there is a clear line of authority to follow.
Investigative Investigative occupations frequently involve working with ideas, and require an extensive amount of thinking. These occupations can involve searching for facts and figuring out problems mentally.
Enterprising Enterprising occupations frequently involve starting up and carrying out projects. These occupations can involve leading people and making many decisions. Sometimes they require risk taking and often deal with business.

Northern New York Community Foundation Scholarships

Since 1980, the Foundation has awarded more than $14.5 million dollars in scholarships to students of Jefferson, Lewis and St. Lawrence counties. The Northern New York Community Foundation annually awards scholarships to

  • high school seniors for their freshman year in college or technical school (Full-time enrollment required – this is a one year award.)
  • and non-traditional students for any year in college or technical school. (Part-time and full-time enrollment available) Applicants must reside in Jefferson, Lewis or St. Lawrence counties – applicants may re-apply each year.
  • High school juniors who will be studying STEM related careers (available ONLY to high school juniors in St. Lawrence County – this is a one year award.)

Application packets are available in February each year, and can be downloaded at that time as a PDF (requires Adobe Acrobat Reader ). Application packets will also be available through high school guidance counselors or at the Community Foundation office. Completed packets must be returned to the Foundation by April 1, by mail or hand delivered. They may not be submitted by e-mail.

  • A complete listing of all scholarships offered by the Foundation is available here. Applications can be found here.
  • All applications must be returned to NNYCF, or postmarked by April 15,2018
  • Applications are to be submitted to the NNYCF office as a packet. Please refer to the cover page of the application for "packet" requirements.
  • NNYCF offer non-traditional scholarships to students in Jefferson, Lewis and St. Lawrence Counties. However, non-traditional students are individuals who have had a break in their academic studies, or are forced to change careers and are returning to college to pursue and additional degree. High school seniors should NOT be completing a non-traditional application. The application deadline for non-traditional students is June 1, 2018


Many of the occupations in this cluster typically require a bachelor’s degree for entry, although specific designations range from a high school diploma or equivalent and short-term on-the-job training for occupations such as loan interviewers and clerks to a bachelor’s degree and 5 or more years of work experience in a related occupation for financial managers.

Local College / University Majors:



According to the Bureau of Labor Statistics, median annual wages for these occupations ranged from $25,390 for tellers to $112,700 for financial managers.

Financial Services Median Hourly Rate by Job

Additional Links

Extended Interviews