An Empirical Framework and Teaching Note for Introducing Financial Management in the First MBA Core Class

Abstract

The purpose of this teaching note is to introduce MBA students to the issues: "What do firms do about financing, investing, profiting and payout?" during the first week of a core MBA class. By introducing the students to these financial management issues together with economy-wide financial ratios at the beginning of the course, we strive to provide students intuition and insight into the theory and practice of financial management and remove some of the naivete about the subject. As a result, students better understand the "what, why and how" of financial decision making as it is covered throughout the course.

Keywords: MBA, Teaching Methods, Finance Education

JEL Classification: G0, G3, M0, M1