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Experiential Learning and Finance: A Hands-on-Approach to Financial Modeling

Janet D. Payne and Glenn Tanner
Journal of Financial Education
Vol. 37, No. 3/4 (FALL/WINTER 2011), pp. 82-100
Stable URL: http://www.jstor.org/stable/41948668
Page Count: 19
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Experiential Learning and Finance: A Hands-on-Approach to Financial Modeling
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Abstract

This paper proposes that business schools should include a financial technology course in the undergraduate finance curriculum. In the past decade, increases in the availability and affordability of financial data and technology have transformed the way business is done. As a result, graduates with a higher competency in technology applications will have a significant advantage in career placement and future success. Business schools, however, have been slow to adapt to this transformation. Though many finance courses incorporate spreadsheet analysis in content courses, we find that fewer than 1% of AACSB-accredited business schools offer a dedicated course in financial technology applications. We survey the methods used by these courses, describe the content of one such course, and offer an example of an assignment used in our financial technology course.

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