Innovative tools for teaching complex financial concepts
Innovative tools for teaching complex financial concepts

Summary/Abstract: One of the major challenges in teaching advanced finance courses today is to fully engage students and to increase the efficiency rate of learning important financial concepts and risk management tools. A number of novel educational technologies are currently available to fully engage students during lectures and individual study times in order to increase their learning efficiency. When exposed to technology-enhanced learning tools, students are immersed in a new teaching environment where the emphasis is on achieving high knowledge retention rate by synchronously presenting the material through non-sequential links of learning objects such as graphics, multimedia files, and links to external documents. Using this approach, students have possibilities to refer to earlier material when learning complex concepts, as well as to relate to the material that may be following the topics being introduced. Integrative technology-enhanced approach to learning provides students with a possibility to maintain the overall view of the material, while absorbing detailed explanations of the individual study components. We implemented this approach and found that the integrative technology-enhanced approach to teaching improves student overall learning experience in face-toface and online courses. Moreover, course material organization and instructor presentation of the material contribute significantly to the overall student satisfaction while technology per se is not a statistically significant factor for overall course experience.

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