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Experiential Learning - A Case Study of the Use of Computerised Stock Market Trading Simulation in Finance Education

Author

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  • Pru Marriott
  • Siew Min Tan
  • Neil Marriott

Abstract

Finance is a popular programme of study in UK higher education despite it being a challenging subject that requires students to understand and apply complex and abstract mathematical models and academic theories. Educational simulation is an active learning method found to be useful in enhancing students' learning experience, but there has been limited pedagogic research attention on its use in finance education within the UK. This paper, utilising an on-line survey, provides a snapshot of the current usage of finance-related simulations across the 97 UK universities offering finance programmes. The paper also reports the findings of a case study that offers insights into the effectiveness of introducing computerised simulation into a postgraduate finance course from both a student and tutor perspective. It highlights an enhancing learning experience for students through concrete experience and reflective observation, increasing their understanding of difficult and complex finance concepts.

Suggested Citation

  • Pru Marriott & Siew Min Tan & Neil Marriott, 2015. "Experiential Learning - A Case Study of the Use of Computerised Stock Market Trading Simulation in Finance Education," Accounting Education, Taylor & Francis Journals, vol. 24(6), pages 480-497, December.
    • Handle: RePEc:taf:accted:v:24:y:2015:i:6:p:480-497
    DOI: 10.1080/09639284.2015.1072728
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    Cited by:

    1. Apostolou, Barbara & Dorminey, Jack W. & Hassell, John M. & Rebele, James E., 2016. "Accounting education literature review (2015)," Journal of Accounting Education, Elsevier, vol. 35(C), pages 20-55.

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