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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 boasts 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 do 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. (Laura Zingmond, web reports, November, 2018)

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School Stats

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

Academics

School
Citywide
How many students graduate in 4 years?
 
91%
How many students with disabilities graduate in 4 years?
 
96%
How many English language learners graduate in 4 years?
 
89%
Average daily attendance
 
88%
How many students miss 18 or more days of school?
 
34%
How many parents of students with disabilities say this school offers enough activities and services for their children's needs?
 
94%
How many parents of students with disabilities say this school works to achieve the goals of their students' IEPs?
 
100%
From the 2022-23 School Quality Guide and 2022-23 NYC School Survey

Students

823
Number of students
Citywide Average is 615

Race/Ethnicity


School
Citywide
Low-income students
 
83%
Students with disabilities
 
13%
Multilingual learners
 
5%
From the 2022-23 Demographic Snapshot

Safety & Vibe

School
Citywide
How many students were suspended?
 
0%
How many students say they feel safe in the hallways, bathrooms and locker rooms?
 
84%
How many students think bullying happens most or all of the time at this school?
 
45%
How many students say that some are bullied at their school because of their gender or sexual orientation?
 
33%
How many teachers say they would recommend this school to other families?
 
75%
From the 2022-23 NYC School Survey and 2019-20 NY State Report Card

Faculty & Staff

School
Citywide
How many teachers say the principal is an effective manager?
 
67%
11.2
Years of principal experience at this school
Citywide Average is 7
256
Number of students for each guidance counselor or social worker
Citywide Average is 191
How many teachers have 3 or more years of experience teaching?
 
78%
Are teachers effective?
From the 2022-23 NYC School Survey, 2022-23 School Quality Guide, 2021-22 Report on School-Based Staff Demographics, 2023 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

 
7%

Computer Science

 
26%

Physics

 
9%

Advanced Foreign Language

 
18%

AP/IB Arts, English, History or Social Science

 
56%

AP/IB Math or Science

 
17%

Music

Not offered in 2021-21
From unpublished, anonymized data from the 2021-22 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?
 
94%
How many students take a college-level course or earn a professional certificate?
 
90%
How many students who have graduated from this high school stay in college for at least 3 semesters?
 
75%
From the 2020-21 and 2022-23 School Quality Guide

How many graduates who are eligible received Tuition Assistance Program (TAP) funding to attend a NYS college?
 
38%
This shows how well this school supports low-income students to get funding for college.
How many of those TAP recipients made it through college? Learn more
From unpublished, anonymized student-level data for the class of 2016-17 provided by the New York State Higher Education Services Corporation (HESC) in coordination with the National Student Clearinghouse (NSC), brought to you by
How many students filled out a FAFSA form by the end of their senior year?
 
72%
From the 2022-23 FAFSA data released by Federal Student Aid, brought to you by Visit Understanding FAFSA for help with the FAFSA and financial aid.
For more information about our data sources, see About Our Data · More DOE statistics for this school

Programs & Admissions

From the 2024 High School Directory

Academy of Finance and Enterprise (Q08R)

Admissions Method: Ed. Opt.

Program Description:

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

Offerings

From the 2024 High School Directory

Language Courses

Spanish

Advanced Courses

Algebra II (Advanced Math), AP Calculus AB, AP Chemistry, AP English Language and Composition, AP English Literature and Composition, AP Spanish Language and Culture, AP Statistics, AP United States Government and Politics, AP United States History, AP World History: Modern, Chemistry (Advanced Science), Physics (Advanced Science), World Languages (Advanced World Languages)

Boys PSAL teams

Basketball, Cross Country, Outdoor Track, Soccer, Table Tennis, Wrestling

Girls PSAL teams

Basketball, Cross Country, Flag Football, Outdoor Track, Rugby, Soccer, Table Tennis, Volleyball

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

NYC Department of Education: MySchools

Contact & Location

Location

30-20 Thomson Avenue
Queens NY 11101

Trains: 7 Line to Rawson St-33rd St; E Line, M Line, R Line to Queens Plaza; G Line to Long Island City-Court Square; N Line, Q Line to Queensboro Plaza

Buses: B62, Q100, Q101, Q102, Q32, Q39, Q60, Q66, Q67, Q69, X63, X64, X68


Contact

Principal: Victoria Armano

Parent Coordinator: Juana Santiago Fahim

Phone: 718-389-3623

Website

Other Details

Shared campus? Yes

This school shares the building with the HS of Applied Communication and Bard High School Early College Queens

Uniforms required? No
Metal detectors? No

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