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Academy of Finance and Enterprise

Grades: 9-12
Staff Pick
30-20 Thomson Avenue
Long Island City NY 11101
Phone: 718-389-3623

Our Insights

What’s Special

Internships in financial industry; nice selection of Advanced Placement courses and extra-curricular activities

The Downside

Intense focus on business may not appeal to all

At the Academy of Finance and Enterprise (AFE) students train for jobs in the business and financial industries while taking a full academic load. The school opened in 2005 with the support of the National Academy Foundation, a not-for-profit organization that supports high schools that train students for careers in industries with strong growth and employment potential. The school admits students of all abilities and has graduation, college readiness and college attendance rates that are well above the citywide average.

AFE delivers on its name. offering a range of business and technology courses covering areas such as entrepreneurship, financial management, accounting, business plan drafting, tech start-up and computer applications. Many students intern in financial institutions and participate in stock market game competitions, Junior Achievement, Virtual Enterprise, where they run all aspects of a mock business.

Victoria Armano, the school's principal since 2012, consistently gets high marks from teachers for her leadership based on their responses to the annual NYC School Survey. Teachers also praise the school for its tone.

"We treat our kids like family, like this is a second home," Armano told the Daily News. "When you have that type of environment with kids, they feel it," she said. "Kids feel that you really care, that you really want to guide them to succeed. Parents feel the same way."

The school offers a nice selection of Advanced Placement classes and encourages students to take advantage of the coursework even though many do not earn at least a "3" on their AP exams, the minimum score needed to earn college credit. Students may also earn college credit by taking free courses at Baruch College and LaGuardia Community College.  Spanish is the only foreign language taught.

Students wear business attire to school. Girls wear uniforms of skirts or pants, a blouse, and dress shoes; boys wear pants, button-down collared shirts, ties and dress shoes.

In addition to internships students participate in PSAL sports teams and after school clubs and activities such as art, cooking, media, dance, drama, entrepreneurship, academic tutoring and community-based programs sponsored by Filipino American Human Services, Inc.

Most graduates attend CUNY or SUNY schools. Some attend private schools on scholarship. Most graduates attend college—primarily at CUNY and SUNY schools—and nearly all who day stick with it. The school offers SAT prep for students.

AFE occupies the 4th floor of an office building that also houses Bard High School Early College II and The High School of Applied Communication. Facilities include science labs, a library, theater, cafeteria and small gymnasium.

SPECIAL EDUCATION: There are Integrated Co-Teaching classes with two teachers, one of whom is trained in special education. Graduation rates for students with special needs as well as English language learners are far above the citywide average.

ADMISSIONS: Priority to Queens residents or students.  The school admits students based on the educational option formula, which aims to enroll students of different of abilities. (Laura Zingmond, web reports, November, 2018)


Read more

School Stats

Citywide Average Key
This school is Better Near Worse than the citywide average

Is this school safe and well-run?

From 2018-19 NYC School Survey

How many teachers say order and discipline are maintained at this school?
75% Citywide Average
How many students say they feel safe in the hallways, bathrooms and locker rooms?
86% Citywide Average
How many students think bullying happens most or all of the time at this school?
37% Citywide Average
How many teachers say the principal is an effective manager?
79% Citywide Average

From 2017-18 NY State Report Card

How many students were suspended?
2% Citywide Average

From this school's most recent Quality Review Report

Are teachers effective?

From 2018-19 School Quality Guide

How many teachers have 3 or more years of experience teaching?
76% Citywide Average
Years of principal experience at this school

How do students perform academically?

From 2018-19 School Quality Guide

How many students graduate in 4 years?
82% Citywide Average
How many students graduate with test scores high enough to enroll at CUNY without remedial help?
48% Citywide Average
How many students take a college-level course or earn a professional certificate?
41% Citywide Average
How many graduates stay enrolled in college for at least 3 semesters?
67% Citywide Average

Who does this school serve?

From 2019-20 Demographic Snapshot

Free or reduced priced lunch
Students with disabilities
English language learners

From 2018-19 School Quality Guide

Average daily attendance
87% Citywide Average
How many students miss 18 or more days of school?
38% Citywide Average

How does this school serve special populations?

From 2018-19 School Quality Guide

How many students with disabilities graduate in 4 years?
66% Citywide Average
How many English language learners graduate in 4 years?
68% Citywide Average

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

Academy of Finance and Enterprise
Admissions Method: Ed. Opt.
Program Description:

Students are able to receive a CTE endorsement in their diplomas if the student completes the CTE requirements.


Language Courses


Advanced Placement (AP) courses

AP English Language and Composition, AP Spanish Language and Culture, AP U.S. Government and Politics, AP United States History, AP World History: Modern, AP Calculus AB, AP Statistics, AP Chemistry


Boys PSAL teams

Basketball, Outdoor Track, Soccer, Table Tennis, Wrestling

Girls PSAL teams

Basketball, Cross Country, Flag Football, Rugby, Soccer, Softball, Table Tennis, Volleyball

Read about admissions, academics, and more at this school on NYCDOE’s MySchools
NYC Department of Education: MySchools

Contact & Location


Long Island City (District 24)
Trains: 7 Line to 33rd St-Rawson St; E Line, M Line, R Line to Queens Plaza; G Line to Court Square; N Line, W Line to Queensboro Plaza
Buses: B62, Q100, Q101, Q102, Q32, Q39, Q60, Q66, Q67, Q69, X63, X64, X68


Victoria Armano
Parent Coordinator
Juana Santiago Fahim

Other Details

Shared campus?
This school shares the building with the HS of Applied Communication and Bard High School Early College Queens
Metal detectors?

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