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Financial Literacy: What Are Business Schools Teaching?, Candy A. Bianco, Susan M. Bosco
Financial Literacy: What Are Business Schools Teaching?, Candy A. Bianco, Susan M. Bosco
Business Faculty Publications
The financial illiteracy of Americans has attracted the attention and funds of more than 10 federal agencies and countless other state agencies and non-profit organizations. The manifestations of poor financial skills and planning are divorce, depression, and many elderly Americans living in poverty.
Hundreds of business and non-business college students have been surveyed. Both groups were found to be financially illiterate. We examined the curricula of 100 AACSB institutions and concluded that business schools are either not offering fundamental courses in personal financial planning or that the courses are not generally available to business students (for credit) or non-business students. …