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Teaching Philosophy
As an aspiring financial teacher, I intend to help my students attain financial literacy and financial independence. In this day and age, their are many people in this world who are financially illiterate and that is a problem I hope to solve. For example, it was found from a recent survey that only 55% of Americans invest their money into the stock market. On average, the stock market goes up 7% annually, which is a return much higher than leaving your money sitting in a savings account. Therefore, statistically speaking, the average American can become financially wealthier if they invested into the stock market rather than leaving their money in a savings account.
After finishing my undergrad at Rutgers Business School, I will have a basic understanding of finance. I will have finished my finance degree, taking courses such as corporate finance, investment banking analysis, investment analysis, derivatives, and global capital markets. I will extend my knowledge after graduation by working in the finance industry. I will apply the skills and the foundation I received from undergrad to my financial jobs. After a couple years in the financial industry, I will then go to graduate school to receive my MBA. At the end of a successful career in the financial industry, I will have the experience and knowledge I need in order to succeed as a financial teacher.
As a teacher, I plan on using Bloom’s Digital Taxonomy to guide my students on mastering financial material. I will incorporate it into my lesson plans and start from the basics of remembering financial terms. Next, I will help them understand those terms and then apply it to real-life examples. I will finish by having them analyze, evaluate, and create financial plans for themselves to use for their life.
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