NEW YORK (November 1, 2019) – The Association of International Certified Professional Accountants (the Association) and the Financial Management Association (FMA), have named three professors as recipients of the 2019 Innovation in Teaching Finance Award.
The award recognizes excellence in finance education. Winners are selected based on several criterion including: 1) innovation 2) broad transferability of the teaching technique, and 3) measurable impact on students, institutions of higher education and the finance profession.
The award is sponsored by the Association of International Certified Professional Accountants, the global accounting organization formed by members of the American Institute of CPAs (AICPA) and the Chartered Institute of Management Accountants (CIMA). It’s given on behalf of the Association’s Chartered Global Management Accountant (CGMA) designation which distinguishes a unique group of 150,000 finance professionals worldwide who have reached the highest level of quality and competence.
The award finalists presented their techniques in a special session at the FMA Annual Meeting in New Orleans on October 25. The first prize award was given to Andrew H. Cohen, University Distinguished Teacher, Entsminger Fellow, Trading Room Manager and Finance Lecturer at Old Dominion University for using gamification investment concepts to optimize student learning. Runners up were Ravi Shukla, Associate Professor of Finance at Syracuse University and Pankaj K. Maskara, Associate Professor of Finance at Nova Southeastern University.
“We are very thankful to the Association and the CGMA designation for sponsoring this award,” said Michelle Lui, Executive Director of FMA. “The innovative pedagogy of these professors highlights the commitment of FMA members to enhancing finance education. This is critical to the development of future finance professionals and the application of sound financial practices in the industry.”
The Innovation in Teaching Finance Award was created to recognize inspiring educators and enhance the quality and relevance of education in finance. It also aims to help the profession share successful innovative practices. The competition is open to any educator who teaches undergraduate or graduate students in finance. Selection is based on a submission of a description of their teaching techniques, and the impact that the technique has had on students, the applicant's institution, and/or the finance profession.