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Abstract

This essay addresses some of the critical and cohesive teaching philosophies regarding finance theory education in an effort to rekindle and increase our awareness thereof in the wake of rapid advancement and propagation of technology-based practical skills training, which appears to increasingly discount the usefulness of classroom-taught theories. Recognizing the significance of fostering problemidentifying ability in today's financial management, the paper advocates the importance of theory education in finance. Renewed attention to the issue should help reshape finance education for the better in this rapidly changing environment.

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