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The following is an interview I conducted recently with Higher One's co-founder and chief operating officer, Miles Lasater, as well as the company's financial literacy and consumer advocacy
There is a diversity of definitions used by bodies such as NGOs and think tanks, but in its broadest sense, financial literacy is an understanding of money. [8] Some of the definitions below are closely aligned with "skills and knowledge", whereas others take broader views, and some are from academic research which is tested and validated:
Robert Kiyosaki, the famous author of the seminal "Rich Dad, Poor Dad," has always had a lot to say about the importance of financial education. Considering his "poor dad" was a highly educated...
Also offered are the Bachelor of Science in Business Education (BSBE), an undergraduate degree in the teaching of business and the Bachelor of Business Teacher Education (BBTE), a variant on the BSBE. Similar are the discipline-specific tagged degrees, such as the BS / BA in Finance, [6] or in Marketing, [7] or in Human Resources. [8]
For a comparison with other business degrees, see Business education § Undergraduate education. Most universities, therefore, plan the degree such that in addition to their major , students are exposed to general business principles, taking courses in accounting, finance, economics, business management, human resources and marketing.
Over half the U.S. states have passed laws that will require high school students to take and pass a personal finance education class before graduation, with momentum quickly growing across the...