Undergraduate Level Financial Education in Turkey and Expectations of Practice

Abstract:     
Developments on informatics and technology have affected every component within scope of the financial system. Along with these developments, the needs for financial knowledge have also increased. The basic responsibility for transfer of financial knowledge is undertaken by universities. Universities should transfer all the financial knowledge to users of this knowledge, providing that it is up-to-date and it satisfies the expectations of the practice. This study involves an evaluation by perspectives on undergraduate level financial education of experts and managers of regulatory and supervisory public institutions in Turkey. Within the scope of this study, it has been determined that finance courses in undergraduate programs do not meet the needs of the institutions literally, the weight of them is not sufficient and in these courses there is not enough contemporary practice. Furthermore, some other results have been found such as necessity of obtaining cooperation between institutions and universities as well as using the case studies and assignments oriented to research in courses.

Number of Pages in PDF File: 38

JEL Classification: A20, A22, A23, A29

working papers series