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A Finance-Based Self-Learning Online Platform for Holistic Evaluation of Innovation Projects

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This paper outlines the development and the implementation of an online finance-based self-learning platform to augment the application of finance concepts by non-business undergraduate students undertaking innovation project-based modules. This online self-learning platform has two key objectives; (i) to empower students in multi-disciplinary fields to self-study finance concepts using online learning platforms and to subsequently apply them in project-based modules, (ii) to increase efficiency in teaching finance-based contents with limited resources, especially in this COVID-19 environment with an online mode of learning. This online self-learning platform allows involvement of faculty without any finance background to embed a bite-sized content as supplementary topics for students to self-learn at their own pace. The efficacy of the online self-learning platform was determined through pre and post quizzes to identify student's current and acquired finance knowledge. Quantitative data obtained demonstrate that there is significant improvement in the post-quiz scores; the mean of all the modules improves by 28% for post quiz score, and paired t-test for pre and post quiz scores are significant. These results as well as feedback received from students, demonstrate the effectiveness of the implemented online self-learning platform to augment the application of finance concepts by non-business undergraduate students. 

History

Journal/Conference/Book title

2021 IEEE International Conference on Engineering, Technology & Education (TALE), 05-08 December 2021, Wuhan, China.

Publication date

2021-12

Version

Post-print

Rights statement

© 2021 IEEE. Personal use of this material is permitted. Permission from IEEE must be obtained for all other uses, in any current or future media, including reprinting/republishing this material for advertising or promotional purposes, creating new collective works, for resale or redistribution to servers or lists, or reuse of any copyrighted component of this work in other works.

Project ID

  • 2843 (P-SLT-A203-0021) Online Financial tool for holistic evaluation of innovation projects