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dc.contributor.authorWest, Jason
dc.date.accessioned2017-05-03T16:02:22Z
dc.date.available2017-05-03T16:02:22Z
dc.date.issued2012
dc.date.modified2013-06-17T00:16:57Z
dc.identifier.issn16495195
dc.identifier.urihttp://hdl.handle.net/10072/47593
dc.description.abstractThe field of quantitative analysis is often mistaken to be a discipline free from ethical burdens. The quantitative financial analyst or "quant" profession holds a position of significant responsibility as the keeper of mathematical models used in complex derivative security pricing and risk management. Despite this responsibility very few postgraduate programs address the teaching of ethics and professional standards in their curriculum, and the credibility of the profession has suffered as a result of several high-profile financial losses. Some of these failures could have been avoided and their impacts diminished if ethical considerations were integrated with quantitative method. Appropriate development in ethics education for quants is needed to identify points in the decision-making process where ethical questions can arise, and to explain how quants can protect stakeholders from the costs of unethical behaviour. An approach to ethics education needs to be flexible and allow for different methods to infuse ethical coverage into the course. Such an approach will go some way towards aligning the profession with other specialisations in banking and avoid the need for complex and unnecessary regulation.
dc.description.peerreviewedYes
dc.description.publicationstatusYes
dc.format.extent234292 bytes
dc.format.mimetypeapplication/pdf
dc.languageEnglish
dc.language.isoeng
dc.publisherNeilsonJournals Publishing
dc.publisher.placeUnited Kingdom
dc.publisher.urihttp://www.neilsonjournals.com/JBEE/abstractjbee9west.html
dc.relation.ispartofstudentpublicationN
dc.relation.ispartofpagefrom25
dc.relation.ispartofpageto40
dc.relation.ispartofjournalJournal of Business Ethics Education
dc.relation.ispartofvolume9
dc.rights.retentionY
dc.subject.fieldofresearchFinancial Institutions (incl. Banking)
dc.subject.fieldofresearchSpecialist Studies in Education
dc.subject.fieldofresearchBusiness and Management
dc.subject.fieldofresearchMarketing
dc.subject.fieldofresearchcode150203
dc.subject.fieldofresearchcode1303
dc.subject.fieldofresearchcode1503
dc.subject.fieldofresearchcode1505
dc.titleMoney Mathematics: Examining Ethics Education in Quantitative Finance
dc.typeJournal article
dc.type.descriptionC1 - Articles
dc.type.codeC - Journal Articles
gro.facultyGriffith Business School, Department of Accounting, Finance and Economics
gro.rights.copyright© 2012 Neilson Journals Publishing. The attached file is reproduced here in accordance with the copyright policy of the publisher. Please refer to the journal's website for access to the definitive, published version.
gro.date.issued2012
gro.hasfulltextFull Text
gro.griffith.authorWest, Jason


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