High School of Economics and Finance

Grades: 9-12
Noteworthy

Our Insights

What’s Special

Business and finance classes

The Downside

Ten-story building presents challenges; no regular-sized gymnasium

Just blocks from Wall Street, the High School of Economics and Finance offers children the chance to draw up a business plan, study accounting and meet professionals in the field. Students commute to the school from all over the city. Most children graduate on time and go on to college.

The summer before school begins, 9th-graders participate in a four-week summer program run by Moody’s, an investment company at the World Trade Center, and earn a high school credit in the process, according to the school website.

Throughout the year, students wear business casual clothes on Wednesdays to hear industry professionals speak on topics such as the role of the Federal Reserve Bank, public speaking or the importance of global markets. The Theatre Arts and Dance Alliance also runs Wednesday workshops.

The school's longtime partnerships add heft to the finance and economics theme. In addition to the W!SE Institute, which organizes the Wednesday workshops, NAF (formerly the National Academy Foundation) designs lessons that boost financial literacy and college readiness. In Virtual Enterprises International (VEI), teens are “employees” who develop a business plan, set up a website, pay wages and taxes, and trade with other VEI schools worldwide.

Economics and Finance accommodates students with a range of abilities. Teens follow math lessons at their own pace; they watch 20 minute video lessons at home, which they may pause or repeat, then they practice skills in the classroom, indpendently or in small groups, a strategy called the “flipped classroom.” The school adopted this method after “teaching and learning” was flagged as an area of concern on the city’s 2016 quality review. Principal Michael Stanzione says he has seen more consistency across classrooms and children more interested in their classwork with this approach.

All students take four years of math and science. Seniors write a 10-page research paper that they present to a panel of staff. About 100 students take college-level courses. Two courses, economics and communication, are conveniently offered within the high school building.

The school location and building present some challenges. Economics and Finance draws children from all over the city, and this impacts attendance, Stanzione says. The 10-story building has classrooms on floors 2 through 7 and a small gym in the basement. Teens don’t always relish walking flights of stairs, and teachers don’t like policing the elevators. “It becomes an issue,” the principal says. Deans and administrators are posted in the hallways during class changes. Students are allowed to use the elevators before 8:30 a.m., after school, and with a teacher escort if they have a class change that takes a lot of time. 

Ninth-graders take part in small advisory groups with a teacher to give them extra support. Juniors who have an average above 8O and all seniors may go out for lunch. Students may join PSAL sports or join a number of clubs after school.

Ninety-eight percent of graduates go on to two- and four-year colleges, including CUNY and SUNY schools. A few are accepted to highly competitive colleges, says assistant principal Matthew Willie, such as Columbia, the University of Michigan, Baruch, and Lawrence University in Appleton, Wisconsin.  

ADMISSIONS: Educational option, based on a formula designed to admit a mix of low-, average- and high-achieving students. The school serves students from all five boroughs, mainly Manhattan and Brooklyn. (Lydie Raschka, web reports and interviews, February 2018)    

School Stats

Academics

School
Citywide
How many students graduate in 4 years?
 
91%
How many students with disabilities graduate in 4 years?
 
81%
How many English language learners graduate in 4 years?
 
89%
Average daily attendance
 
86%
How many students miss 18 or more days of school?
 
41%
From the 2019-20 School Quality Guide and 2020-21 NYC School Survey

Students

737
Number of students
644 Citywide Average

Race/Ethnicity


School
Citywide
Low-income students
 
79%
Students with disabilities
 
19%
Multilingual learners
 
5%
From the 2020-21 Demographic Snapshot

Safety & Vibe

School
Citywide
How many students were suspended?
 
1%
How many students say they feel safe in the hallways, bathrooms and locker rooms?
 
97%
How many students think bullying happens most or all of the time at this school?
 
15%
How many students say that some are bullied at their school because of their gender or sexual orientation?
 
11%
From the 2020-21 NYC School Survey and 2019-20 NY State Report Card

Faculty & Staff

School
Citywide
How many teachers say the principal is an effective manager?
 
80%
14.1
Years of principal experience at this school
7 Citywide Average
246
Number of students for each guidance counselor or social worker
157 Citywide Average

Teachers’ Race/Ethnicity


How many teachers have 3 or more years of experience teaching?
 
80%
Are teachers effective?
From the 2020-21 NYC School Survey, 2019-20 School Quality Guide, 2019-20 NY State Report Card, 2021 Guidance Counselor Report and this school's most recent Quality Review Report

Advanced Courses

Which students have access to advanced courses at this school? Learn more

Calculus

 
4%

Computer Science

 
5%

Physics

Not offered in 2019-20

Advanced Foreign Language

 
12%

AP/IB Arts, English, History or Social Science

 
31%

AP/IB Math or Science

 
20%

Music

Not offered in 2019-20
From unpublished, anonymized data from the 2019-20 school year provided by the New York State Education Department, brought to you by

College Readiness

School
Citywide
How many students graduate with test scores high enough to enroll at CUNY without remedial help?
 
73%
How many students take a college-level course or earn a professional certificate?
 
94%
From the 2019-20 School Quality Guide
How many students filled out a FAFSA form by the end of their senior year?
 
63%
From the 2020-21 FAFSA data released by Federal Student Aid, brought you by
How many graduates of this school received Tuition Assistance Program (TAP) funding to attend a NYS college?
 
63%
How many of those TAP recipients made it through college? Learn more
From unpublished, anonymized student-level data for the class of 2011-12 provided by the New York State Higher Education Services Corporation (HESC) in coordination with the National Student Clearinghouse (NSC), brought to you by
For more information about our data sources, see About Our Data · More DOE statistics for this school

Programs & Admissions

From the 2021 High School Directory

Economics and Finance

Admissions Method: Ed. Opt.

Program Description:

Students' growth in understanding and thinking is assessed by researching, writing, presenting, and defending portfolios in math, science, history and literary analysis and working on in-depth projects. Students also complete an autobiography portfolio, using oral and visual components.

Offerings

From the 2021 High School Directory

Language Courses

Spanish

Advanced Placement (AP) courses

AP Spanish Language and Culture, AP English Language and Composition, AP Computer Science Principles, AP United States History, AP European History, AP Biology, AP Calculus AB, AP Statistics, AP English Literature and Composition

Boys PSAL teams

Basketball, Bowling, Cross Country, Handball, Outdoor Track

Girls PSAL teams

Basketball, Bowling, Flag Football, Outdoor Track, Softball, Tennis

Read about admissions, academics, and more at this school on NYCDOE’s MySchools

NYC Department of Education: MySchools

Contact & Location

Location

100 Trinity Place
Manhattan NY 10006

Trains: 1 Line to Rector St; 2 Line, 3 Line, A Line, C Line, J Line, Z Line to Fulton St; 4 Line, 5 Line to Wall St; 6 Line to Brooklyn Bridge-City Hall; E Line to World Trade Center; R Line, W Line to Cortlandt St

Buses: BM1, BM2, BM3, BM4, BxM18, M103, M15, M15-SBS, M20, M22, M55, M9, QM11, QM25, QM7, QM8, X1, X10, X10B, X11, X12, X14, X15, X17, X17A, X19, X2, X27, X28, X3, X37, X38, X4, X42, X5, X7, X8, X9


Contact

Principal: Michael Stanzione

Parent Coordinator: Steven Squillante

Website

Other Details

Shared campus? No

This school is in its own building.

Uniforms required? No
Metal detectors? No

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