Presentation on theme: "CTE and Business Partnerships…The Best of Both For Kids Insurance and Risk Management."— Presentation transcript:
CTE and Business Partnerships…The Best of Both For Kids Insurance and Risk Management
What do you mean insurance isn’t a sexy career? Approximately 50,000 work in Michigan’s insurance industry. Average wage is $64,000, compared to statewide average of $46,217 There is a job for every interest: marketing, sales, claims, math, computers, etc.
Why does the Michigan insurance industry want to attract young people to our industry? Almost half of our jobs are held by people 50 and older. In the next 10 years, we will need to replace those workers in addition to hiring more workers. Let’s face it, young people don’t grow up wanting to work at an insurance company.
Fact: 60 percent of students who go to college don’t finish in six years. Students who take college classes in high school are more likely to succeed in college. Young people are more successful if they are engaged in learning.
Program History Developed 2010-2011 Partnership With: Olivet College – Instruction and Curriculum Farm Bureau Insurance of Michigan– Facilities, Placement For Students First Year of Operation 2011-2012 12 Students Enrolled 10 Completed Current Year of Operation 20 Students Enrolled
Curriculum Students that complete this program with a 2.0 have the ability to receive 9 Olivet college credits. The courses the student can receive the credits in are: IRM 221 – Principles of Insurance & Risk Management, 3 Olivet College Credits AINS 21 Exam IRM 322 – Personal Insurance, 3 Olivet College Credits AINS 22 Exam IRM 323 – Commercial Insurance, 3 Olivet College Credits AINS 23 Exam
Unique Delivery Model First 12 Weeks Classroom instruction/activities 5 days per week Use of a Smart Board as instructional tool Second 12 Weeks Classroom instruction/activities 3 days per week On-line Virtual Classroom 2 days per week utilizing Adobe Connect Third 12 Weeks Flipped classroom instruction/activities 3 days per week Job shadow 2 days per week
Additional Learning Activities Mock Interviews at Olivet College Participation in Business Professionals of America Six students competed at Regional's and three are moving on to the State Leadership Conference Exposure to Industry Accident Fund provides a day long job shadow experience including an hour long meeting with their top executives. Guest Speakers Participation in Career Prep Center Activities Present Program Opportunity at High School Visitation Present Careers in Insurance at 8 th Grade Career Exploration Present Program at Business Partner Appreciation Breakfast National Technical Honor Society
Chief Executive Officer of Farm Bureau Insurance talking to our students
Success Stories Many students are continuing their education at Olivet College studying Insurance and Risk Management Students are being employed by Farm Bureau Insurance of Michigan Many students received summer employment from Farm Bureau Insurance of Michigan Students have received scholarships totaling over $125,000 Application approval by Michigan Department of Education Office of Career and Technical Education was granted in 2013 Approval will allow duplication of this program in other areas of the State of Michigan CIP Code 52.1701 GAP is in Navigator