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Math is central to finance education, yet three-quarters of this sample of 159 introductory finance students lack critical quantitative skills on the first day of class, leading to overall underperformance. By utilizing criterion-referenced mathematics pretest items and matching applied finance...
Persistent link: https://www.econbiz.de/10012850271
This study examines quantitative skill among 164 students in an introductory finance course. Results indicate that undergraduate Bachelor of Business Administration (BBA) students exhibit alarming deficiencies in content-specific quantitative skills for introductory finance with only about one...
Persistent link: https://www.econbiz.de/10012850692
We use Markov chain Monte Carlo (MCMC) analysis to construct a three-question math quiz to assess key skills needed for introductory finance. We begin with data collected from a ten-question criterion-referenced math quiz given to 314 undergraduates on the first day of class. MCMC indicates the...
Persistent link: https://www.econbiz.de/10013219837
The decision to attend college is a question of human capital investment, yet resources to help practitioners frame human capital investment decisions remain elusive and few include the “gold standard” of finance: Net Present Value (NPV). Can one discuss human capital investment with an...
Persistent link: https://www.econbiz.de/10013236449
The decision to attend college is a question of human capital investment. However, resources to help practitioners frame human capital investment decisions remain elusive and few include the “gold standard” of finance: Net Present Value (NPV). Can one discuss human capital investment with an...
Persistent link: https://www.econbiz.de/10013236606
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We offer market analysis of customer segments interested in a FinTech product to support human capital investment decisions. The market for FinTech products related to human capital investment decisions remains largely underdeveloped without services that allow for comprehensive financial...
Persistent link: https://www.econbiz.de/10012837864
This research details the relationship between prerequisite algebra knowledge and graduate corporate finance course performance. Standardized math questions designed for an undergraduate introductory finance course also predict quantitative performance metrics in a graduate finance course....
Persistent link: https://www.econbiz.de/10013292929