Academy of Finance

National Academy of Finance logoThe Monticello High School Academy of Finance is a four-year program that students can first apply to at the end of eighth grade. It is open to all students, regardless of future career interests as the skills obtained through participation in the Academy of Finance are beneficial in all career choices. The Academy of Finance offers hands-on finance curriculum including SUNY Sullivan college courses. AOF seniors learn about contributing positively to their community by becoming IRS certified through the VITA program to prepare tax returns for qualified individuals.

This program is a member program of the National Academy Foundation (NAF), which was founded in New York City by a partnership of schools and the financial services industry. There are over 700 NAF Academies in the United States.

Our Academy works with local businesses and both education and government leaders to design and offer financial education opportunities for Monticello High School students through job shadowing, guest speakers, field experiences, senior year mentoring, and a summer internship program. To learn more about the Academy of Finance, please email advisor Susan Bahrenburg at or visit the National Academy Foundation (NAF) website.

Academy Requirements

  • Grade 10 Apply to Academy
  • Grade 11 In addition to regular academic courses, a full year of Accounting and a full year of Financial Services/Business Economics are required.
  • Grade 12 In addition to regular academic courses, ½ credit in Entrepreneurship and ½ credit in Financial Decision Making are required plus at least one of the following:
  • SCCC Financial Accounting Class
    • SCCC Business Communications Class
    • SCCC Business Law I & II


Over the two-year period, students take courses in Accounting, Economics, Financial Services, Entrepreneurship, Financial Decision Making, Electronic Business Applications and Business Communications. These courses are taken in addition to the regular academic classes required by New York State for graduation. Students meet their 12th grade Economics requirement by taking Business Economics in 11th grade.


After successfully completing their junior year, students are eligible for a paid internship at a local business. Students receive school credit for successfully completing this experience.

College Credit

During their senior year, students are required to take at least one Sullivan County Community College course at a reduced rate. The courses are offered at our high school. Academy of Finance seniors have the potential of graduating with 13 college credits if they choose to take three (3) SCCC classes.

Community Service

Students are required to participate in community service activities that contribute to the economic development of our county.

Field Trips

Academy of Finance students have the opportunity to go on a variety of field trips. In the past, students have visited the New York Stock Exchange, the Federal Reserve, the Museum of Financial History, Citigroup’s Corporate Headquarters, Met Life Insurance and Baruch College’s Academy of Finance Student Conference.

Organizational Chart

Academy of Finance Instructors:

  • Susan Bahrenbug, AOF Director
  • Nancy Swaine
  • Tim Billias
  • Annette Schoelig

Advisory Board Members

  • Laura Quigley, President
  • Evadne Giannini, Vice President
  • Jonathan Farrow, Treasurer
  • Joel Blum
  • Barbara Carr
  • Joseph D’Abbraccio
  • Joan Farrow
  • Chris Schmidt
  • Stephen Wilder, Monticello High School Principal
  • Jane Sorensen
  • John Veleber
  • Amanda Ward
  • Tammy Mangus, Monticello Superintendent of Schools


Runners and restaurants collide at “A Taste of Sullivan County 5K” (5/24/19)

AOF students visit NYC (5/24/19)

AOF alumnus returns to visit with students (5/20/19)

Advisory Board member conducts student mock interviews (5/20/19)

Senior AOF students honored at annual reception (5/16/19)

AOF students celebrate FBLA day with Binghamton Devils (2/28/19)

Alumna Brasington visits MHS AOF (1/8/19)

AOF students visit SUNY Sullivan (11/14/18)

AOF hosts breakfast for advisory board (11/14/18)

Guest speaker teaches appropriate workplace attire (11/5/2018)

Academy of Finance students will do your taxes — for free (02/01/2018)

Dress for success: Advice from a local businesswoman (10/16/2017)

AOF students visit Sullivan County farms (9/22/2017)

Successful tax season at Monticello High School (5/8/2017)

AOF guest speaker teaches appropriate workplace attire (11/05/2015)