Finance as a foreign language

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2008

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Southern New Hampshire University

Abstract

Students in introductory finance courses have diverse worldviews, learning styles and motives for taking the course. While there are many differences between teaching a second traditional language and finance, there are also many similarities. For some students, finance is indeed a foreign language. Consequently many of the techniques used in teaching English as a foreign language (TEFL) may be adapted for use by teachers of finance. An overview of a particular TEFL approach, communicative language teaching (CLT), is provided. At first glance, it seems the barrier most likely to affect one's decision to adopt CLT strategies for finance is the preparatory time required.

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