The Effectiveness of Web-Based Foreign Exchange Trading Simulation in an International Finance Course

Chou, Chen-Huei; Liu, Hao-Chen

doi:10.1080/08975930.2013.810047

Cited by 8 publications

(2 citation statements)

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“…Students were not asked specifically about Bloomberg, therefore the EvaSys data provides us with unprompted comments regarding the integration of Bloomberg software and its perceived role in supporting active learning. This distinguishes the work from existing research which focuses on students' perceptions of trading room and the Bloomberg software specifically (see Moffit et al, 2010;Noguera et al, 2011;Huffman et al, 2012;Chou and Liu, 2013).…”

Section: Methodsmentioning

confidence: 99%

“…They found that active learning within a trading room environment deepens financial knowledge even when controlling for gender and subject area. Similarly, Chou and Liu (2013), conducting multiple surveys over five semesters to track student knowledge, found that as the simulation of foreign exchange trading progressed, students' understanding of these markets increased. Kazemi (2015) reflects on his observations of using the Bloomberg software in a lecture setting, finding that the live interaction of news and financial markets stimulated interest and deeper discussion.…”

Section: Introductionmentioning

confidence: 99%

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Active financial analysis: Stimulating engagement using Bloomberg for introductory finance students

McCann

Russon

2019

International Review of Economics Education

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There is increasing interest in the adoption of real-world interactive and participative learning techniques within economics and finance teaching through the use of trading room software. Previous research suggests that the integration of trading room software can improve knowledge development and performance. However, the time constraints of providing software training and requirements for foundation knowledge of basic maths and economics has restricted the adoption of trading room software to advanced courses. This paper outlines how the Bloomberg Professional Software was used in an introductory finance course and analyses student engagement, learning and attainment using feedback and performance data. We find that students valued the novelty of Bloomberg as part of a mix of different learning activities which facilitated the practical application of theory.Results also indicate that the alignment of teaching, learning and assessment promotes deeper engagement, and is associated with higher attainment. We demonstrate that trading room software can be effectively used in introductory courses to enhance the student experience and deepen understanding.

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Section: Methodsmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%