Abstract

Most of authentic textbooks and other teaching material on Financial English for higher education deal with internationally generalized issues without covering national peculiarities. Such a gap in the educational literature market can be filled only with customized material, catered for the specific purposes, to train students in their particular area of specialization and to provide them with abundant autonomous workload. The article describes the experience of Russian-speaking ESP teachers who approach creating an innovative e-training educational program in English of Finance and Accounting as a business project. A complex research to analyze university and students’ needs and teachers’ expectations is carried out. To estimate the input versus prospective output SWOT analysis for the project is conducted. Outlined in the article are the challenges the project faces, and some ways of solving such problems as copyright, IT or workgroup support and others are suggested. Features of an innovative educational product for Financial English are identified.

Highlights

  • CREATING INNOVATIVE PRODUCT IN FINANCIAL ENGLISHMost of authentic textbooks and other teaching material on Financial English for higher education deal with internationally generalized issues without covering national peculiarities

  • A diversified higher education program portfolio for master’s degree in economics suggests training students in the field of their specialization by enhancing their autonomous research work via expanded assignments where the knowledge of a foreign language is viewed as a means of getting new professional information

  • Recent changes in university curriculum have reduced the number of interactive teacher-student hours, which affects the traditional pattern of language practice received by students

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Summary

CREATING INNOVATIVE PRODUCT IN FINANCIAL ENGLISH

Most of authentic textbooks and other teaching material on Financial English for higher education deal with internationally generalized issues without covering national peculiarities. Such a gap in the educational literature market can be filled only with customized material, catered for the specific purposes, to train students in their particular area of specialization and to provide them with abundant autonomous workload. The article describes the experience of Russian-speaking ESP teachers who approach creating an innovative e-training educational program in English of Finance and Accounting as a business project. Features of an innovative educational product for Financial English are identified

Introduction
Stimulating independent learning
Financial English teaching in Russia today
Emphasis on professional purposes
Findings
Conclusion
Full Text
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