scholarly journals Experiencing Market Dynamics with TraderEx: A Trading Decision-Making Simulation

2021 ◽  
pp. 87-100
Author(s):  
Deniz Ozenbas ◽  
Michael S. Pagano ◽  
Robert A. Schwartz ◽  
Bruce W. Weber
Keyword(s):  
Decision Making ◽  
At Risk ◽  
Dynamic Process ◽  
Business School ◽  
Price Discovery ◽  
School Curriculum ◽  
Price Formation ◽  
Institutional Trading ◽  
Financial Industry ◽  
Real Money

AbstractTrading education is vital for success in the securities and investments industry. Are apprenticeships and time on an institutional trading desk the only way to learn how to trade? Do you need to work with real orders and have real money at risk to gain experience interacting with the dynamic process of price formation? The answers are no and no. Trading simulations that are well-designed can create experiences with price discovery and impose the challenges of illiquidity in ways that replicate the learning accomplished (and pressures felt) on a real trading desk. With TraderEx, you will appreciate the complexity of trading and understand it as a distinct profession within the financial industry, even if it is not always thought of as such in business school curriculum.

scholarly journals Medical Student Leadership Development through a Business School Partnership Model: A Case Study and Implementation Strategy

2021 ◽  
Vol 8 ◽  
pp. 238212052110104
Author(s):  
Timothy P Daaleman ◽  
Mindy Storrie ◽  
Gary Beck Dallaghan ◽  
Sarah Smithson ◽  
Kurt O Gilliland ◽  
...  
Keyword(s):  
Leadership Development ◽  
Medical Students ◽  
Medical School ◽  
Business School ◽  
Medical Curriculum ◽  
School Curriculum ◽  
Learning Model ◽  
Lessons Learned ◽  
Self Awareness ◽  
Program Outcomes

Background: There is an ongoing call for leadership development in academic health care and medical students desire more training in this area. Although many schools offer combined MD/MBA programs or leadership training in targeted areas, these programs do not often align with medical school leadership competencies and are limited in reaching a large number of students. Methods: The Leadership Initiative (LI) was a program created by a partnership between a School of Medicine (SOM) and Business School with a learning model that emphasized the progression from principles to practice, and the competencies of self-awareness, communication, and collaboration/teamwork. Through offerings across a medical school curriculum, the LI introduced leadership principles and provided an opportunity to apply them in an interactive activity or simulation. We utilized the existing SOM evaluation platform to collect data on program outcomes that included satisfaction, fidelity to the learning model, and impact. Results: From 2017 to 2020, over 70% of first-year medical students participated in LI course offerings while a smaller percentage of fourth-year students engaged in the curriculum. Most students had no prior awareness of LI course material and were equivocal about their ability to apply lessons learned to their medical school experience. Students reported that the LI offerings provided opportunities to practice the skills and competencies of self-awareness, communication, and collaboration/teamwork. Discussion: Adding new activities to an already crowded medical curriculum was the greatest logistical challenge. The LI was successful in introducing leadership principles but faced obstacles in having participants apply and practice these principles. Most students reported that the LI offerings were aligned with the foundational competencies.

Relationship Power, Sexual Decision Making and Condom Use Among Women at Risk for HIV/STDs

2002 ◽  
Vol 36 (4) ◽  
pp. 69-84 ◽  
Author(s):  
S. Marie Harvey ◽  
Sheryl Thorburn Bird ◽  
Christine Galavotti ◽  
Ernestine A. W. Duncan ◽  
Donna Greenberg
Keyword(s):  
Decision Making ◽  
At Risk ◽  
Condom Use ◽  
Relationship Power ◽  
Sexual Decision Making

Development and Assessment of Intercultural Effectiveness: A Learner-Centered Approach

2018 ◽  
Vol 198 (2) ◽  
pp. 136-145 ◽  
Author(s):  
Iris Berdrow ◽  
Allan W. Bird
Keyword(s):  
International Education ◽  
Business School ◽  
Skill Development ◽  
School Curriculum ◽  
Lessons Learned ◽  
Program Model ◽  
Institutional Assessment ◽  
Intercultural Effectiveness ◽  
Comprehensive Program ◽  
Learner Centered

Globalization has created an accelerated demand for globally competent managers, yet the gap between this demand and the supply of globally oriented, competent graduates is growing. As a result, the mandate for effectively internationalizing business school curriculum is increasing. Yet, given the costly structures required to provide international education opportunities, institutions need to know that those opportunities are positively influencing students learning and skill development. This article tells the story of one school’s comprehensive program that incorporates learner-centered measurement and development with institutional assessment of intercultural effectiveness. We offer a program model and lessons learned for other institutions interested in implementing similar programs.

scholarly journals An Examination of the Technology of Specialised Soft Skill Sets Deployed in Business Sectors from Four Different Regions of the Globe

2017 ◽  
Vol 1 (2) ◽  
pp. 186
Author(s):  
Thi Thu Hang Truong ◽  
Ronald S. Laura ◽  
Kylie Shaw
Keyword(s):  
International Business ◽  
Business School ◽  
Soft Skills ◽  
School Curriculum ◽  
Major Research ◽  
Business Professionals ◽  
Soft Skill ◽  
Skill Sets ◽  
The World ◽  
Business Sectors

<p class="BodyA"><em>Our central objective in this paper is twofold: first, to examine the scholarly literature on the technological importance of soft skills in Business, and second, to review the major research studies on the views of employers and the industries they serve regarding the specific character and combination sets of key soft skills best suited for business professionals located in four distinct and economically vibrant major business regions of the world. The key findings have been distilled from the literature and analysed to identify patterns of congruence, with the aim of cataloguing reasonably discrete combinatory sets of soft skills ideally suited to the specific business priorities which characterise these four different regions. The concluding section of the paper will consider the extent to which these distinct skill sets can be pedagogically developed in such a way that they become deeply embedded as foundational in the creation of an international business school curriculum, featuring five discrete sets of soft skills, each of which is ideally constructed for one of the four different regions.</em><em></em></p>

scholarly journals Application of Best Value Approach to Resolve Educational Non-Performance

2019 ◽  
Vol 11 (1) ◽  
pp. 80-104
Author(s):  
Jake Gunnoe ◽  
David Krassa
Keyword(s):  
High School ◽  
Decision Making ◽  
Critical Thinking ◽  
Performance Studies ◽  
Human Error ◽  
Employee Performance ◽  
School Curriculum ◽  
High School Curriculum ◽  
Classroom Structure ◽  
Best Value

Trends suggest that employers across various industry believe that the younger generation of employees are deficient at making decisions, thinking critically, and leading others. The Best Value Approach (BVA) is a management model shown to increase organizational efficiency and employee performance. Studies show that the BVA automates administrative work functions and minimizes human error associated with decision making and critical thinking. This research seeks to investigate the effectiveness of incorporating the BVA in high school. The authors hypothesize that BVA concepts can help students rapidly learn critical thinking, decision making, and interpersonal skills. To test this hypothesis, the authors created a BVA high school curriculum and tested it in four phases differing in timeframe, classroom structure, and population. The results show that when students understand BVA concepts they show improved mental stability (stress and confidence), increased academic performance (grades and test scores), and parents/teachers report significant positive behavioral improvements.

scholarly journals Impacto que genera la investigación de mercados en la toma de decisiones por la gerencia

ECA Sinergia ◽  
2018 ◽  
Vol 9 (2) ◽  
pp. 68
Author(s):  
Jairo Isaac Mendoza García ◽  
Mercedes Véliz Valencia
Keyword(s):  
Decision Making ◽  
At Risk ◽  
Key Words ◽  
Market Research ◽  
Previous Analysis ◽  
Costs And Benefits ◽  
Palabras Clave ◽  
Toma De Decisiones ◽  
The Impact

  La investigación de mercados resulta beneficiosa en diversas situaciones; sin embargo, la decisión de realizarla no es automática, esta decisión debe sustentarse en consideraciones previas de muchos aspectos, entre los cuales se puede mencionar, la comparación entre costos y beneficios, los recursos disponibles para realizarla y para llevarla a la práctica, así como la actitud de la gerencia hacia su realización. Por lo cual, debería efectuarse cuando el valor de la información que se genera, supera los costos de llevarla a cabo. Cuanto más importante sea la decisión frente a la que se enfrenta la administración y mayor sea la incertidumbre o el riesgo que ésta implica, mayor será el valor de la información obtenida. La investigación de mercados, suele realizarse, por empresas comerciales que son organizaciones independientes (proveedores externos) o departamentos dentro de las corporaciones (proveedores internos). La motivación en las utilidades en ocasiones hace que los investigadores o los clientes pongan en riesgo la objetividad o profesionalismo asociados con el proceso. Como investigadores, esto despierta nuestro interés y mediante encuestas realizadas en varias empresas dentro de la provincia de Manabí, se pretende dar a conocer el impacto que genera la investigación de mercados en la toma de decisiones por la gerencia, es decir, una vez realizado un análisis previo de la situación de la empresa, cuán importante es aplicar o no aplicar la investigación de mercados.   Palabras clave: Planificación, análisis, empresas, consumidores, competencia, estrategias.   ABSTRACT Market research is beneficial in various situations; however, the decision to make it is not automatic, this decision must be based on previous considerations of many aspects, among which we can mention, the comparison between costs and benefits, the resources available to carry it out and to put it into practice, as well as the attitude of management towards its realization. Therefore, it should be done when the value of the information generated, exceeds the costs of carrying it out. The more important the decision faced by management and the greater the uncertainty or the risk involved, the greater the value of the information obtained. Market research is usually carried out by commercial companies that are independent organizations (external suppliers) or departments within corporations (internal suppliers). Motivation in profits sometimes causes researchers or clients to put at risk the objectivity or professionalism associated with the process. As researchers, this arouses our interest and through surveys carried out in several companies within the province of Manabí, it aims to publicize the impact that generates the market research in decision making by the management, namely, once a previous analysis of the situation of the company, how important it is to apply or not to apply market research.   Key words: Planning, analysis, companies, consumers, competition, strategies.

scholarly journals Impact Of Radical And Incremental Curriculum Changes On Students

2011 ◽  
Vol 5 (4) ◽  
pp. 27
Author(s):  
Vipin K Agrawal ◽  
Vijay K. Agrawal ◽  
Donald A. Carpenter
Keyword(s):  
Student Perceptions ◽  
Business School ◽  
Management Strategies ◽  
Radical Change ◽  
School Curriculum ◽  
Student Responses ◽  
Incremental Change ◽  
Curriculum Changes ◽  
Midwestern University ◽  
The Impact

College curricula undergo changes periodically. This case discusses the various change management strategies employed by the faculty of a midwestern university in implementing incremental and radical change in the business school curriculum. It also analyzes the impact of these changes on student perceptions of the course and of the instructor. Our analysis reveals interesting trends in student responses over a seven year span. We find that students initially resist both types of changes, although the resistance is greater in the case of radical changes. Nevertheless, they eventually view both types of changes as adding value to the curriculum. However, the perception of value addition is temporary, lasting longer for radical change (seven semesters) than for incremental change (five semesters). This suggests that updating of curricula is required on an ongoing basis.

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