Center for Financial Studies
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The Center for Financial Studies provides SNHU students and the general community with an integrated educational experience that includes financial analysis and planning.
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Browsing Center for Financial Studies by Subject "financial literacy"
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Item The adoption of specialized high school level financial literacy curriculum modules(Southern New Hampshire University, 2007) Fehr, DavidThe purpose of this research paper is to explore issues in the implementation, at the high school level, of sophisticated financial literacy teaching materials developed specifically for delivery in a high technology environment for a high school audience. Considerable research has been devoted to both understanding generally why innovation does or does not get adopted by the target population and, specifically, aspects in the implementation of new curriculum materials at the high school level. This paper looks at recent work evaluating the successes and failures in the implementation of new curriculum for foreign languages, mathematics, physics and general science. Can inferences be drawn from this work to assist in an implementation program for the financial literacy modules? Questions of the following types are addressed: Are there risks to the teacher in adopting novel curricula? Does extensive professional development need to accompany new curriculum adoption? Are there psychological hurdles that teachers need to address before adoption? Could there be institutional impediments present? How does the teacher work environment affect adoption? A revised version of this paper has since been published in the Journal for Economic Educators. Please use this version in your citations.Item Finance as a foreign language(Southern New Hampshire University, 2008) Bristol, KristinStudents 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.Item Financial literacy training in an academic trading room : expanding practical education in finance(Southern New Hampshire University, 2003) Bristol, Kristin; Fehr, David; Johnson, R. LarryA nationwide awareness of the need to raise students’ financial literacy levels has surfaced recently as a result of a number of studies throughout the United States focusing on financial literacy. The need to examine this issue in more detail is evidenced by the widespread lack of parental personal finance instruction, limited personal finance instruction in both primary and secondary schools and the overall difficulty experienced by many individuals in grasping and applying the basic concepts of personal finance (Mandell, 1998, 2001; American Institutes for Research, National Council on Economic Education, and Council of Chief State School Officers, 2002; Carvahal, 2002). The purpose of this paper is to provide an overview of the development and implementation of a financial literacy program at Southern New Hampshire University (SNHU) including: (1) A brief overview of the literature in financial literacy; (2) The pedagogical opportunities made available to both SNHU and the community by the development of the “Center for Financial Studies” and its high technology trading room; (3) A brief outline of the SNHU mission and how financial literacy is integrated; and (4) The development and administration of financial literacy curriculum modules as a part of the Freshman Experience Course (FEX) at SNHU. Both the challenges and results are explored in this paper. A revised version of this paper has since been published in the journal Advances in Financial Education. Please use this version in your citations.Item Selecting a strategic partner : a value maximization approach(Southern New Hampshire University, 2008) Fehr, DavidThe purpose of this paper is to explore strategic partnership opportunities using an economic value maximizing approach. This paper was inspired by the symposium "Nonprofit Marketing and Distribution Strategies for Investor Education," held in Hanover, New Hampshire, in May 2007. (Library-derived description)Item Using an academic training room to enhance economics literacy training(Southern New Hampshire University, 2003) Bristol, Kristin; Fehr, David; Tripp, GaryThe focus of this paper is to assess the current status of basic economics literacy primarily, though not exclusively, among high-school age students. Although the primary focus of the authors was directed to the secondary-level student population within the State of New Hampshire, considerable evidence indicates that similar proficiency levels exist on a nationwide basis. Indeed, student performance on the economics component of standardized social studies examinations in New Hampshire tend to parallel the results reported in nationwide studies. In general, a majority of students lack an understanding of basic economic concepts. The authors intend to demonstrate that a number of factors, many of which are systemic in nature, conspire to limit satisfactory student performance on such assessments. In the end, and on a practical level, we will discuss the attributes which a stateof-the-art, technology-based venue can offer to both students and teachers with respect to improving basic economics literacy among high school students. The paper will be developed as follows: Part I will frame the nature of the problem; Part II contains a survey of literature germane to this topic; Part III summarizes current national legislative trends; Part IV addresses curriculum frameworks, standards and assessments currently in force in New Hampshire; and Part V outlines the opportunities to use the assets of The Center for Financial Studies at Southern New Hampshire University (SNHU) to enhance economics literacy.