Teaching Finance through a Social Science Lens

Yamina Tadjeddine and Stéphanie Serve ()
Additional contact information
Stéphanie Serve: UPEC UP12 - Université Paris-Est Créteil Val-de-Marne - Paris 12

Post-Print from HAL

Abstract: This article considers the contribution of social science in the teaching of finance based on personal teaching experience in the fields of both market finance and corporate finance. We show how adopting a social science lens can help to change teaching practice in the field. First, due to the social science research epistemology, we apply an inductive method based on observations of real facts, e.g., a financial scandal, a crisis, evaluation of a product, the bank credit granting process. Second, we portray objectified finance as it actually works. Third, we focus on deconstruction to offer a fresh take on the world of finance with the help of critical analysis. Depending on the finance course and the target audience, this can be done through the lens of techniques, financial organisation or an analysis of institutions. The paper offers new ideas to rejuvenate finance education. More specifically, by teaching finance through the lens of social science, we can abandon the monolithic and dogmatic framework of finance theory and instead propose a pluralism of theoretical frameworks and a continuum of complementary interpretations. In addition to developing students' open-mindedness in the field of finance, the inductive approach starting from by how finance actually works enriches the material provided by ‘seminal' finance books that are mostly confined to mainstream theory. Social science is a developing and rich area of research, but, to our knowledge, its implications for finance teaching have yet to be analysed.

Keywords: Social science; Financial theory; Teaching market finance service; Banking relationship; Valuation; Critical finance; Inductive approach; Financial intermediaries (search for similar items in EconPapers)
Date: 2021-10-25
References: Add references at CitEc
Citations:

Published in Rethinking Finance in the Face of New Challenges, Emerald Publishing Limited, pp.245-256, 2021, Critical Studies on Corporate Responsibility, Governance and Sustainability, 978-1-80117-789-4. ⟨10.1108/S2043-905920210000015037⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03372369

DOI: 10.1108/S2043-905920210000015037

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().