Hyndburn students are able to study business as part of a new partnership with the council.
The new business administration and finance diploma (BAF) can be studied as an alternative to or alongside traditional GCSEs and eventually A-Levels.
Council leader Peter Britcliffe said: "We are thrilled to have played our part in getting this new diploma off the ground by working with local schools and colleges to agree the syllabus and by nominating two of our staff to act as ambassadors and deliver some parts of the syllabus right here on Council premises.
"This diploma is a new way for 14 -16 year olds to study for a qualification as it will equip them for a future career in the field of business administration and finance with the added bonus that the skills they gain during the process will be fully transferable to other qualifications, apprenticeships and jobs."
The course was launched last week when students from Rhyddings Business and Enterprise School visited the council chambers.
They spent the day meeting the leader of the council, the deputy mayor and the deputy managing director, and were given an overview of the council and what it does.