Financial Management Teaching Research Articles

新商科视角下财务管理“专创+产教”双融合模式的教学改革研究与实践

Taking the financial management course as an example, this paper reforms the teaching model and talent training mechanism of the financial management course from the perspective of new business disciplines, focusing on the integration of specialized creation and industry-education. In terms of specialized creation integration, the paper explores integration methods in four aspects: teaching philosophy, teaching content, teaching methods, and teaching faculty; in terms of industry-education integration, it constructs a path for industry-education integration in new business financial management through faculty, curriculum teaching and resource construction, as well as research projects and community service; finally, the paper builds a dual integration model of “Specialized Creation + Industry-Education” for the course, reshaping the financial management teaching system in terms of teaching objectives, teaching models, and assessment mechanisms.

Curriculum Ideological and Political Education: An Educational Philosophy with Distinct Chinese Characteristics

As an educational philosophy with distinct Chinese characteristics, curriculum ideological and political education has been widely promoted and applied in major universities in China in recent years. This article takes the teaching practice of ideological and political education in the Financial Management course as an example, illustrates the real scenes of content innovation in the teaching practice process, analyzes the innovative ideas of integrating the ideological and political concepts into professional courses in universities, and expounds the specific content of the reconstructed teaching system and evaluation reform of Financial Management teaching based on the ideological and political concepts, Finally, it summarizes the experience in the ideological and political practice of the financial management course and reflects on the problems encountered and the shortcomings therein, with a view to providing broader ideas and research paradigms for the continuous construction of the Financial Management course in the future.

Design of Financial Management Talent Training Model under Demand Coupling Mechanism and IoT Applications

The financial environment of businesses and institutions has significantly changed due to the development of new technologies and the deepening of vocational education reform. The Financial Management Department is, in theory, responsible for the financial management of the company. Specialty benefits from both the accounting and finance specialties. The advanced stage of corporate financial activity management is cash-related management. As a result, the social demand subject should praise graduates of the financial management specialty. The subject of social demand is also a good motivation to raise proficient capacity necessities for graduates. Regardless, there is a huge hole among organic market for proficient capacity under the current ability preparing model, in light of the fact that numerous schools and colleges that set monetary administration claims to fame are uncertain of the expert capacity necessities of the social interest subject, monetary in nature. Graduates in executive positions are in a more humiliating position on the job market. In light of this, this paper proposes the basic idea of talent training model innovation in the financial management specialty, based on an analysis of the status and causes of professional ability supply and demand. The board specialises in determining talent training goals, revising professional talent training programs, respecting the central status of students, and engaging in innovative teaching activities. Using Sichuan University of Arts and Science as an example, this paper examines the current state of practice teaching of financial management in colleges and universities, incorporates course practice content into the national vocational and technical certificate, promotes the integration of professional courses and vocational qualification certificates, discusses the new mode of practice instructing of university-enterprise cooperation, and makes recommendations. With the quick movement of the economy and society, the force of science and innovation, similarly as steady getting the hang of; perception; and usage of the significance of data and capacity progression has never been more prominent. Schools are the establishment for propelling one’s capacities. China as of now has an enormous number of colleges, showing that 100 blossoms are growing and 100 distinct perspectives are contending. Each school has its own unmistakable character and attributes. Regardless, the mirror of market economy obviously mirrors the condition of the economy contamination, commitment, bad behaviors, and veritable financial discipline encroachment of endless high-situating insightful individuals, addressing a real test to school capacity improvement.

Effects of Financial Literacy and Financial Management Teaching on Financial Behavior (Student Study of Hotel & Tourism Business Study Program)

Financial literacy is an important factor in improving people's economic welfare. When a person's financial literacy is high, it is certain that the quality of life and welfare will also increase. This can happen because of the higher one's financial literacy, the better one's financial behavior. Students are the driving force of the nation's economy because students have the largest population, character, and literacy level. However, students are also faced with various very complex financial problems because some students still do not have their own source of income while the level of student needs is high. For this reason, students need to gain more knowledge about financial literacy through financial management learning models in their courses. This was done by the Hotel & Tourism Business study program at Ciputra University, Surabaya batch 2019 and 2020. However, in the process, it is necessary to evaluate the effectiveness of whether teaching changes the financial behavior of students. We used linear regression analysis to process the data in this study. Based on the description above, this study aims to find the effect of financial literacy on financial behavior with financial management teaching as a moderation. The results of this study indicate that there are significant differences in perceptions related to financial behavior between someone who has high and low financial literacy, while the teaching of financial management has a positive effect in moderating the relationship between financial literacy and financial behavior but is not significant.

Application of Six Sigma Management-based Teaching Method in Financial Management Course Online Teaching

Driven by huge demand for talents in the market, economics major in colleges and universities need to take the initiative to reform the teaching of finance specialty in accordance with the demand for finance talents in the era of big data, cultivate versatile innovative competent talents, and output high-quality talents for social enterprises, satisfy enterprises’ needs of recruiting financial talents, and give full play to the social education value of university finance specialty. Financial management is the core of economic organization, and the management effectiveness affects the overall operational feasibility of the organization. In order to promote the high-quality development of the market economy, universities should devote greater effort to the teaching reform of financial management, enhance talent cultivation conversion efficiency, and give full play to the value of the financial specialty in colleges and universities. However, the existing course teaching can hardly achieve the expected goals due to insufficient monitoring of financial management teaching process, insufficient self-learning resources, and defective student learning support service, imperfect teacher's training, single assessment method, and small proportion of practical teaching, etc. In view of the current status, this paper innovatively introduced six sigma management theory to improve the online teaching of financial management courses. Firstly, the teaching process involving five stages of define-measure-analyze-improve-control was designed according to the course characteristics of financial management and at the same time, the financial management teaching model was improved by online and offline inquiry-based teaching method. In order to improve the application effectiveness of financial management online teaching resources, a precise teaching resource push system was established using Web data mining so as to achieve the goal of recommending different teaching resources to different students. It was proved by the teaching practice that the new teaching method proposed in this study can help students improve learning efficiency and enhance their problem-solving ability. Thus, this teaching model is worthy of application and promotion in courses of finance specialty.

Innovation of Financial Management Teaching Mode Based on Big Data

As we all know, the development of social innovation is inseparable from science and technology. Nowadays, the emergence of Big Data(BD) has a significant impact on society. In this data age, the traditional Teaching Mode(TM) of financial management can not meet the needs of the times, and the teaching of financial management needs to be reformed and innovated. In this context, this paper proposes the financial management professional innovation research based on BD. In order to adapt to the trend of the development of the times, this paper proposes an accurate TM of financial management based on BD. In teaching, we use BD technology to accurately mine students’ learning needs and learning characteristics, and give targeted teaching plans through data analysis and decision-making. In order to verify the effectiveness of the method proposed in this paper, we conducted a control experiment. In the experiment, we selected two classes of students with little difference in financial management major in our school as the experimental objects to carry out the research. After the experiment, we investigated the performance and satisfaction of the two classes of students, and evaluated the teaching scheme and teaching effect of the two classes. The results show that after the experiment, only 40% of the students in the control class use the traditional TM, while 63.33% of the students in the class use the TM proposed in this paper, which is far higher than the control class. It can be seen that the financial management precision TM based on BD proposed in this paper is effective and has great advantages.

Construction of the Practice Course System of the Major of Financial Management under the Mode of University-Enterprise Cooperation—Take Sichuan University of Arts and Science as an Example

With the deepening of vocational education reform and the development of new technologies, the financial environment of enterprises and institutions has greatly changed. At the same time, according to the pilot implementation of “1 + X Certificate” of the Ministry of Education, the traditional teaching of financial management cannot meet the needs of the new situation any more. How can we break through the bottleneck of the development of the major of financial management, strengthen the cooperation with enterprises, realize the integration of production and education, and cultivate high-quality and skill-oriented talents of financial management with the “big financial system” and an international vision? Taking Sichuan University of Arts and Science as an example, this paper studies the current situation of practice teaching of the major of financial management in colleges and universities, introduces the course practice content into the national vocational and technical certificate, promotes the integration of professional courses and vocational qualification certificate, discusses the new mode of the practice teaching of university-enterprise cooperation, and proposes some effective measures for the practice teaching of university-enterprise cooperation.

Analysis of Teaching Reform in Higher Vocational Colleges Based on the Background of “Internet Plus”—The Financial Management Major as an Example

In recent years, the rapid development of information technology has brought profound changes to Finance and its development, and has a huge impact on the traditional financial industry, as well as changing the vocational needs for financial talents. As the important places for talents cultivation in China, financial teaching reform in higher vocational colleges is imperative. Based on the background of Internet Plus, this paper deeply analyzes the problems existing in the teaching of financial management in higher vocational colleges, and puts forward corresponding countermeasures and suggestions, and then trains more internet financial professionals, so as to meet the needs for social development.

Study on the Application of SPOC Flipped Class in Teaching Pattern of Ethnic Minority University Foundation Year Teaching—Taking Financial Management Course as an Example

As the core course of accounting specialty, financial management course plays a very important role in the teaching of ethnic minority University Foundation Year. This paper puts forward three concrete design ideas originating from the flipped class teaching pattern design. That is: self-regulated learning based on financial management network resource, teachers and students co-construction based on SPOC curriculum resource and curriculum model transformation based on case teaching. The above three aspects of the design, is of great significance in expanding the Financial Management teaching model of ethnic University Foundation Year reform.

Are higher education institutions in Europe preparing students for IPSAS?

PurposeThe purpose of this paper is to analyze whether higher education institutions (HEIs) in EU Member States are aware of the relevance of the ongoing reforms in public sector accounting (PSA) and the need to prepare their students to become expert professionals in that area. It particularly assesses whether these organizations currently provide, or will provide in the near future, education on International Public Sector Accounting Standard (IPSAS)/EPSAS, so that a sufficient number of graduates will be ready to match the foreseeable demand for experts in IPSAS/EPSAS.Design/methodology/approachAdopting a purposive sample, the paper compares the situation in four EU countries (Germany, Italy, Portugal and Spain). Data have been obtained through a questionnaire provided to selected professors in relevant HEIs in the selected countries.FindingsHEIs are giving only limited room to PSA and financial management, with differences in terms of program offerings and coverage of topics among the four countries. Furthermore, in most cases, the programs are adapted to the national budgetary and accounting standards and courses are seldom focused on the IPSASs.Originality/valueThe paper contributes to the literature on PSA harmonization, through an innovative analysis of PSA and financial management teaching, both at national and international levels.

Study on Case Teaching of Financial Management

Case teaching is an efficient teaching method of management. It plays an important role to enhance the students’ability to practice the theory. However, case teaching of financial management has not achieved the expected results.The paper aims to study the importance, characteristics and corresponding methods of case teaching method offinancial management.

普通高校财会专业本科分方向教学战略

针对非财经类普通高等院校财会专业本科生就业压力逐年增加的客观实际，结合高校财会专业办学力量和市场需求形势，采用判断推理、类比分析等方法，概要地阐述了财会专业分方向教学的必要性，架构了财会专业分方向教学的操作模式，提出了分方向教学的实施步骤与管理办法，以指导高校财会专业积极开展分方向教学，增强学生就业能力。 The employment pressure of undergraduates majoring in financial management and accounting specialty in non-financial and economic universities is increasing year by year, we combine the school running strength and market demand situation of the school’s financial management and accounting specialty, using the judgment reasoning and analogy analysis method, etc., to briefly describes the necessity of the split direction teaching of the financial management and accounting specialty. We also construct the operation mode of the split direction teaching of financial management and accounting specialty, and put forward the implementation steps and management measures of the branch direction teaching, so that to guide the accounting profession in colleges and universities to actively carry out separate direction teaching in order to enhance students' employment ability.

Appropriate Determination of Net Working Capital in Corporate Financial Management

Liquidity and working capital management belongs to one of the fundamental tasks of short-term financial management. However, in the context of net working capital, the issue of management of current assets and liabilities significantly overlaps with long-term financial management, in which the effects of various decisions have long-term consequences, with considerable inertia and possibility of high losses. The present study is therefore focused on the determination of appropriate amount of working capital, as an important part of financial decision making process in the company. The paper presents an empirical research aiming to identify the appropriate approach to accurate calculations of net working capital and determining its needs. The main contribution of the study can be found in the verification of calculation method of net working capital needs, which, according to the authors, may be beneficial both for business practice and teaching of financial management at universities.

The New Financial Statements: Reconnecting with the Basics of Public Financial Management

The 1999 release of Governmental Accounting Standards Board (GASB) Statement No. 34, Basic Financial Statements—and Management's Discussion and Analysis—for State and Local Governments, was not just a future shock for government officials. It also necessitates a major revision of existing curricula for teaching public financial management. This article aims to accomplish two tasks. The first is to offer a basic introduction to the primary features of the new financial statements that Statement 34 requires. The second is to explore how the GASB's attempt to better meet the accountability needs of governments and citizens through Statement 34 is a unique opportunity to reassert fundamental concepts in the teaching of financial management.3The views expressed in this article are those of the author. Official positions of the GASB are determined only after extensive due process and deliberation.

A Day Late and a Dollar Short: A National Survey of the Teaching of Financial Management in Schools of Social Work

Abstract Social work administrators in social service organizations face an increasingly hostile environment with changing demands. The curricula in schools of social work attempt to keep pace with the need for administrative content but not for much-needed content in financial management. The national survey described here found a gap in the extent to which schools respond to this need, the content that is being taught, and how it is being taught. The continuing gap in the curriculum is of concern to social work educators and practitioners alike.