Topic of financial courses
Posted: Thu Apr 24, 2014 5:41 am
Financial education should be mandatory component of the school program. To what extent do you agree or disagree with this statement?
It is true that there are few opportunities for children to improve their financial capacity at school. However, I would oppose the view that financial education should be included in a school’s curriculum.
At the present, school children are encouraged to allot bulk of their time to focus on studying academic subjects such as mathematics, science and language. These courses help students to gain essential knowledge and to foster analytical skills, which are vital for them to pursue a desired career in the ever innovating modern world. With the timetable already being thoroughly occupied by these subjects, schools nowadays are incapable of sparing time to teach anything extra.
Furthermore, skills such as operating a bank account, estimating annual revenues and avoiding financial deficits are not beneficial enough to be integrated into the school program. This is because these are critical life skills which any individual constantly acquire, update and implement throughout their life. In other words, managing one’s finance is an ability that can be self-taught and spontaneously improved upon as a person matures. This is why most adults have no difficulties administering their capital without being educated in an accounting institute. As seen above, it would be a waste of student’s time if financial education were made a necessary part of schools’ curriculum.
In conclusion, schools have always aimed to prepare students for their future studies and professional life through teaching conventional academic subjects. If they start to incorporate financial trainings, the study of more important academic subjects will suffer.
It is true that there are few opportunities for children to improve their financial capacity at school. However, I would oppose the view that financial education should be included in a school’s curriculum.
At the present, school children are encouraged to allot bulk of their time to focus on studying academic subjects such as mathematics, science and language. These courses help students to gain essential knowledge and to foster analytical skills, which are vital for them to pursue a desired career in the ever innovating modern world. With the timetable already being thoroughly occupied by these subjects, schools nowadays are incapable of sparing time to teach anything extra.
Furthermore, skills such as operating a bank account, estimating annual revenues and avoiding financial deficits are not beneficial enough to be integrated into the school program. This is because these are critical life skills which any individual constantly acquire, update and implement throughout their life. In other words, managing one’s finance is an ability that can be self-taught and spontaneously improved upon as a person matures. This is why most adults have no difficulties administering their capital without being educated in an accounting institute. As seen above, it would be a waste of student’s time if financial education were made a necessary part of schools’ curriculum.
In conclusion, schools have always aimed to prepare students for their future studies and professional life through teaching conventional academic subjects. If they start to incorporate financial trainings, the study of more important academic subjects will suffer.