Financial literacy is a crucial life skill, and the University of Miami Patti and Allan Herbert Business School is taking the lead in equipping the South Florida community with this empowering knowledge. With the backing of alumnus Paul Cutler, M.B.A. ’83, M.S. ’84, Miami Herbert’s initiative promises to provide invaluable tools for achieving financial well-being.

A Vision for Financial Education

Paul Cutler, with his profound experience in economic education, envisions a future where every individual is financially literate. “If more people are financially knowledgeable, it’s going to help the overall economy,” he shares. As a member of the Miami Herbert Dean’s Advisory Committee, his vision is coming to life through a series of workshops designed to arm participants with essential financial skills.

A Comprehensive Curriculum

The upcoming program will feature ten seminars covering essential topics like basic economics, interest rates, and the Federal Reserve’s role. “This is hopefully the first step towards establishing an economic education center,” Cutler explains. In addition to improving individual financial health, this initiative supports the broader economy by fostering well-informed citizens.

Real-World Learning Opportunities

“These workshops not only benefit participants but also our students through paid experiential learning opportunities,” says Victoria Wellons, Miami Herbert’s development director. Student fellows will actively partake in delivering the workshops, gaining vital experience that they can carry into their future careers.

The Program’s Structure

Stefanos Delikouras, the associate professor of finance leading the seminars, emphasizes adaptability in learning formats. By offering workshops both in-person and online, the program seeks to create inclusive learning environments accessible to many. “The importance of being financially responsible is even more pressing now,” Delikouras observes, citing the complex nature of modern financial transactions and responsibilities.

Why This Matters

As stated in Newswise, the launch of Miami Herbert’s financial literacy workshops marks a critical step in nurturing financially resilient communities. Through initiatives like Paul Cutler’s, the program aims to break down barriers to financial knowledge, ensuring that everyone has the tools for a secure and prosperous future. With the first workshop slated for early 2026, anticipation and enthusiasm are building throughout the community.

Imagine a world where every individual understands their financial choices and feels empowered to make informed decisions. Miami Herbert’s workshops are not just about teaching finance concepts; they’re about enriching lives and strengthening communities. As Professor Delikouras reflects, “He’s a testament to people who care about their community.” With this initiative, the future looks financially bright for South Florida.