Objective: This study investigates how integrating research practices into financial education can enhance students' learning outcomes, practical skills, and innovation capacity. With the rapid evolution of the financial sector due to globalization and technological advancements, financial education must move beyond traditional theoretical approaches to prepare students for complex real-world challenges. The objective of this research is to explore specific pathways for incorporating research-driven practices into financial curricula to better align education with industry demands. Methods: The study employed a mixed-method approach, combining quantitative and qualitative research methods. Surveys were distributed to 461 students and 121 faculty members from four universities—two research-intensive institutions and two applied colleges—aiming to capture diverse perspectives on the integration of research into teaching. The data were analyzed using descriptive statistics, regression models, and qualitative analysis of interviews with selected participants. The regression analysis focused on the relationship between the frequency of research participation and the development of practical skills and innovation capacity. Results: The regression analysis revealed a significant positive correlation between research participation and improved learning outcomes (β=0.52, p<0.01), practical skills (β=0.47, p<0.01), and innovation capacity (β=0.43, p<0.01). Students who participated in research projects demonstrated a deeper understanding of financial theories, stronger data analysis and decision-making skills, and greater creativity in problem-solving. These results suggest that research engagement significantly enhances students' ability to apply theoretical knowledge in practical contexts. Conclusion: Integrating research practices into financial education bridges the gap between theory and practice, fostering critical thinking, problem-solving skills, and innovation among students. Universities should prioritize research-based learning, offering opportunities for interdisciplinary research, university-business collaborations, and digital platforms to expand student access to research experiences. Future studies should explore the role of interdisciplinary research in further enhancing financial education outcomes, particularly through fields such as data science, behavioral economics, and artificial intelligence.
Read full abstract