Innovative approaches to financial analytics education: Kolb's theory in SEC IPO analysis

Abstract

AbstractThis study presents an innovative educational approach, integrating David A. Kolb's Experiential Learning Theory (ELT) into financial analytics education, with a focus on the analysis of Initial Public Offerings (IPOs) via the SEC's EDGAR database. Through the application of ELT, this article explores the effective melding of experiential learning methodologies with advanced analytical tools such as Python, SQL, and various data analytics platforms. The teaching exercise outlined emphasizes the importance of hands‐on activities—ranging from data scraping and analysis of SEC filings to conducting sentiment analysis—aimed at fostering not only technical proficiency among students but also enhancing their critical thinking and ethical decision‐making skills. By detailing the execution and outcomes of utilizing ELT in the context of financial analytics, this work contributes to the discourse on modern finance education, advocating for a model that prepares students for the challenges of an increasingly complex and ethical finance industry. This approach underscores the need for educational practices that are both theoretically robust and practically relevant, ensuring students are well‐equipped for dynamic roles within the finance sector.