Keywords

financial literacy, personal finance education, applications-based curriculum

Abstract

This paper discusses the need for increased financial literacy among college-aged students and then presents and analyzes a personal finance class taught at a large, private university. The course is designed around five characteristics which, when combined, result in a high value-added pedagogy. These characteristics are the following: a humanistic approach to personal finance, a principles-based approach, an applications-based curriculum, a partnership with Intuit's Quicken, and a serviceteaching requirement. With a track record of over a dozen years and 3,128 students, the course continues to be one of the best-rated courses among both students and alumni.

Original Publication Citation

Experiential Learning in Personal Finance: A Principles and Applications Based Approach, with Jake Nielson and Bryan Sudweeks, Journal of Financial Education, Vol. 41, No. 2, Summer 2015, 49-79.

Document Type

Peer-Reviewed Article

Publication Date

2015

Publisher

Journal of Financial Education

Language

English

College

Marriott School of Business

Department

Finance

University Standing at Time of Publication

Full Professor

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