A Mission-Based Approach to Teaching Finance

in Brent Smith, ed., Mission-Driven Approaches to Modern Business Education, IGI Global DOI: 10.4018/978-1-5225-4972-7

Posted: 29 Aug 2018

See all articles by Carolin D. Schellhorn

Carolin D. Schellhorn

Saint Joseph's University - Department of Finance

Date Written: August 18, 2018

Abstract

A focus on purely economic and financial metrics and tools has contributed to the failure of our economic system to address growing social injustice and environmental threats. Educational institutions with missions that aim to mitigate these problems are uniquely positioned to improve our economies and communities by adopting an approach to financial decision making that considers a broad range of information, and selects from that the sources and tools relevant to addressing specific issues. A holistic approach to financial decision making is supported by the United Nations Sustainable Development Goals and the encyclical of Pope Francis. This chapter outlines a college-level course structure that emphasizes the critical roles of ethics, sustainability and industry-specific expertise in responsible financial decision-making. Business schools that aim to support sustainable development could provide fresh evidence to the accreditation bodies that teaching and learning in their campus communities are fully aligned with their missions by offering similar courses.

Keywords: Finance, Education, Sustainability, Sustainable Development Goals

JEL Classification: A00, G00

Suggested Citation

Schellhorn, Carolin D., A Mission-Based Approach to Teaching Finance (August 18, 2018). in Brent Smith, ed., Mission-Driven Approaches to Modern Business Education, IGI Global DOI: 10.4018/978-1-5225-4972-7, Available at SSRN: https://ssrn.com/abstract=3234318

Carolin D. Schellhorn (Contact Author)

Saint Joseph's University - Department of Finance ( email )

Philadelphia, PA 19131
United States
610-660-1657 (Phone)
610-660-1986 (Fax)

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