The school system of Ontario comprises secondary and elementary schools that are private or publically funded. Based on religion and language, students are free to attend French Catholic or public or English Catholic or public schools and other institutions.
Compulsory and free education in public schools was first introduced in 1871 in Ontario, and other provinces were quick to follow. Before this, upper class children were educated in private schools while the majority of children were irregularly schooled by volunteer teachers. Opposition to compulsory education came from the upper class in the belief that it would empower working class people to challenge their position. Poor people also objected to compulsory education as many relied heavily on child labor. Despite opposition, the First Compulsory School Act was passed in 1871. Racially segregated schools opened doors after the passage of the Common School Act in 1850. Schools where black students were educated offered poorer conditions compared to establishments for white children. It was in 1965 when the last school closed doors.
The provincial government and regional school boards share responsibility for the educational system in Ontario. Four publicly funded systems coexist in Ontario, the French-language separate system, English-language separate system, and French- and English-language public school systems. A total of 78 boards operate in the province, of which 8 are French Catholic, 29 are English Catholic, 1 is English Protestant, 4 are French public secular, and 34 are English public secular. Seven public school authorities are tasked with running treatment centres for children. The Durham District School Board, for example, is a public secular school board that operates 20 secondary schools and 107 intermediate and elementary schools.
Grades are divided into secondary and elementary, and secondary education covers grades 9 to 12 while elementary education runs from grades 1 to 8.
Public and private secondary and primary schools are offered funding based on geographic location, proportion of indigenous students, and percentage of children who study French or English as a second language. Other factors include the percentage of students with special needs, number of schools, and number of children enrolled.
A number of policies have been implemented to regulate beverages and food, daily physical activity, parental involvement, inclusiveness and equity, and other issues. Different programs have been adopted to accommodate the needs of young learners, including international language programs, combined classes, instruction in the American Sign Language.
Elementary schools in which the primary language is English offer courses such as geography, history, social studies, science and technology, mathematics, language, health and physical education, French, and the arts. Experiential learning programs and dual credit courses are also offered. The curriculum is designed to reflect values such as inclusiveness and equity, environmental education, and a safe and healthy environment for all students. Home schooling is also an option provided that students show satisfactory progress.
In secondary schools the curriculum includes disciplines such as physical education, history, geography, the arts, science, mathematics, English, civics, and career studies. Students also choose from courses divided into three groups. The first group includes courses such as social sciences and humanities, native studies, and international languages. The second group includes courses such as cooperative education and business studies. Courses in the third group include technological education, computer studies, and science. Students are required to take 1 course from each group. All students have to take the Ontario Secondary School Literacy Test to graduate. Students who fail the test are allowed to retake it.
The high school curriculum in Ontario covers a selection of courses that help students prepare for college and pursue a banking career.
Courses in business studies are offered in grades 9 to 12, including introduction to business and information and communication technology in business. The course in information and communication technology in business, for example, is offered in grades 9 and 10. The one offered in grade 10 helps students to develop good digital literacy skills, and they learn about website design, presentation software, desktop publishing, spreadsheet, and word processing. Students gain knowledge in different topics and learn about the applications of information and communication technology and software solutions in business settings.
Introduction to business helps students gain understanding of basic principles and concepts in disciplines such as information and communication technology, marketing, and accounting. There are no prerequisites.
Courses in accounting are also available, including accounting for a small business, financial accounting principles, financial accounting fundamentals, and accounting essentials. Students in grade 11 are offered a course in financial accounting fundamentals to learn more about the procedures and basics of accounting. They master essential decision-making and financial analysis skills that improve their chances of pursing a banking career. To this, they learn basic concepts related to financial analysis, computerized accounting, and accounting for merchandising businesses and services. The course in accounting essentials teaches students how to use software to prepare financial statements and to record transactions. Students explore different topics in cash management, banking, and ethical behavior.
Accounting for a small business is offered in grade 12 and introduces basic concepts and practices such as budgeting, income tax reporting, subsidiary ledgers, specialized journals, inventory, and payroll systems.
Students in grades 9 to 12 are also offered courses in international business, entrepreneurship, and marketing. There are several marketing courses that improve students' chances to pursue a banking career. These include business leadership: management fundamentals, marketing: retail and service, and marketing: goods, services, events.
The course in business leadership also helps students to prepare for a banking career. They explore concepts and topics such as scheduling, financial planning, marketing, inventory control, and operations management.
Canadian universities and colleges offer a variety of programs that prepare students for a banking career. Programs in Economics and Finance, for example, help students gain understanding of financial markets and instruments and how businesses and investors use them. Students are offered lectures, simulations, field trips, lectures by guest speakers, seminars, workshops, and case studies. Some institutions also offer banking courses, including the University of Toronto and Douglas College. The University of Toronto features an MBA in Investment Banking and introduces themes and practices such as capital budgeting proposals, debt structuring, capital structure. Douglas College features a program in global banking and economics with duration of 1 year. Students explore topics in global business management, macroeconomics, microeconomics, international trade practice and theory, and international financial management.
There are different career paths for graduates to explore, including loan officer, bank teller, investment and private banker, personal financial advisor, and financial analyst. Other positions also include treasurer, collector, auditor, and business banking manager. Graduates are offered a wide array of positions, including client service manager, business intelligence manager, trust administrator, and consumer credit analyst. There are different types of financial institutions that hire banking professionals, including credit card companies, commercial, retail, and internet banks, and credit unions. Other financial establishments to look into include investment companies , mortgage companies, insurance companies, and brokerage firms. CPA and planning firms also hire finance professionals and offer advisory and wealth management services. Other options include investment banks and trusts, management investment banks, and mutual fund companies.