Simulated financial dealing room: learning discovery and student accountability

Rod Lambert, Kevin Tant and John Watson

Accounting and Finance, 2008, vol. 48, issue 3, pages 461-474

Abstract: This paper identifies the effectiveness of a simulated treasury dealing room for teaching and learning. It uses a presurvey and a postsurvey to establish student perceptions of learning effectiveness. It concludes that students believe that the dealing room: (i) improves their opportunities to apply theory; (ii) provides better learning than lectures; (iii) is more effective than individual learning; (iv) improves student monitoring of learning effectiveness; and (v) improves student abilities to recognize ethical issues, develop alternative solutions to ethical problems, and evaluate solutions to ethical problems from a moral point of view. Student motivation is enhanced by: (i) the high value they place on dealing room learning; (ii) their preparedness to participate; (iii) rapidly reduced levels of anxiety about trading; and (iv) the learning resources provided. Copyright (c) 2008 The Authors. Journal compilation (c) 2008 AFAANZ.

Date: 2008

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