Abstract

Finance majors must be able to properly use time-value of money techniques to be academically successful. Recognizing that many of its Finance and Real Estate majors were proceeding beyond their first finance course without an adequate understanding of this crucial skill, the Department of Finance at the University of Northern Iowa instituted a series of voluntary attendance seminars designed to immerse its majors in the mathematics of interest. After four years, the seminars have become an established success, providing most of our majors with the time-value skills necessary to be successful in their academic studies and future careers. This paper tells how these seminars originated and evolved, and offers a roadmap for other finance departments that wish to implement a similar solution for their majors.

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