Virtual event

O’Malley School of Business Hosts Virtual Event to Promote Financial Literacy

The O’Malley School of Business at Manhattan College continues its efforts to increase financial literacy in different groups.

On Wednesday, March 30 at 1 p.m., Annamaria Lusardi, Ph.D., University Professor of Economics and Accounting at George Washington University, and Founder and Academic Director of the Global Financial Literacy Excellence Center, will give a virtual presentation on why why funding literacy matters. Look here.

Lusardi studied the first five waves (2017-2019) of the TIAA Institute-GFLEC Personal Finance Index (P-Fin Index) to document the poor state of financial literacy among American adults. Lusardi also explored the strong positive link between financial literacy and financial well-being. Greater financial literacy is not a panacea for poor financial well-being, she argues. Resources matter; access and opportunities in the financial system also matter, but the ability to make sound financial decisions matters too.

Previously, Lusardi was the Joel Z. and Susan Hyatt Professor of Economics at Dartmouth College, where she taught for 20 years. She holds a doctorate. in Economics from Princeton University and an Honorary Doctorate of Science from the University of Vaasa in Finland.

Lusardi has received numerous research awards. In 2017 and 2021, she was included in the Clarivate list, which recognizes outstanding research influence. In 2009, she served as an educational advisor for the US Treasury’s Office of Financial Education. In August 2017, she was appointed director of the financial education committee in charge of designing the national strategy for financial literacy in Italy.