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Finance and Credit
 

Understanding of financial management in foreign and domestic academic literature: a comparative analysis

Vol. 16, Iss. 44, NOVEMBER 2010

Available online: 18 November 2010

Subject Heading: Financial management

JEL Classification: 

Shapiro N.A. doctor of economic sciences, head of the chair «Economic theory and economic policy», St. Petersburg State University of refrigeration and Food Engineering, Full member of the Academy of philosophy economy
v-shapiro@mail.ru

Terentyeva L.D. associate professor of chair «Economics and finance», St. Petersburg State University of refrigeration and Food Engineering, Certified Auditor, Member of THE NATIONAL PARK SROA «Russian Board of Auditors»
marcius.spb@lis.ru

Article critically examines domestic experience of financial management as a discipline. The path chosen by the Russian high school - broadcast Western textbooks - by analogy with the disciplines of micro and macro economy is estimated to be as unproductive. This training ignores those aspects of financial management that allow you to develop professional competencies of local professionals, i.e. for actual financial practices and specific institutional and legal environment.

Keywords: financial management, the structure of the course, the paradigm of financial management, Russian practice

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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