An Example of Innovative Teaching: How to Start and Run a Financial Investment Company from a Finance and Accounting Perspective?

Authors

  • Raj K. Kohli Professor of Finance Judd Leighton School of Business and Economics Indiana University South Bend South Bend, IN 46634
  • Anurag Pant Associate Professor of Marketing Judd Leighton School of Business and Economics Indiana University South Bend, South Bend, IN 46634

DOI:

https://doi.org/10.14738/abr.1012.13563

Abstract

An example of an account of practice is presented in this paper. Such action learning methods are highly desired in the attempts to make our courses experiential.  Specifically, this project is a new idea for applying and enhancing an undergraduate Capstone Finance course (F444) as well as for a Graduate Financial Management Course (F542). This project guides students to start a new investment company in the State of Indiana and then run it during the semester.   As part of an advanced financial course, students maintain and grow an actual portfolio of securities, called Student Managed Investment Fund (SMIF). Hands-on training of this kind is expected to lead to stronger learning of concepts, better application of theories, and significantly more student satisfaction.

References

Chulkov, Dmitriy and Wang, Xiaoqiong (2020) The Educational Value of Simulation as a Teaching Strategy in a Finance Course, e-Journal of Business Education & Scholarship of Teaching, 14 (1), 40-56

Coghlan, David & Rigg, Clare (2021) Writing an Account of Practice as a process of theorising in action learning, Action Learning: Research and Practice, 18(3), 250-256, DOI: 10.1080/14767333.2021.1973958

Eisenstein, Alon; Goh, Cynthia; Istrate, Emanuel (2021) Supervised Entrepreneurial Work-Integrated Learning, International Journal of Work-Integrated Learning, Special Issue, 22(3), 413-422

Laverie, Debra A., Hass, Ashley & Mitchell, Corky (2022) Experiential Learning: A Study of Simulations as a Pedagogical Tool, Marketing Education Review, 32(1), 3-17, DOI: 10.1080/10528008.2020.1843360

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Published

2022-12-15

How to Cite

Kohli, R. K., & Pant, A. (2022). An Example of Innovative Teaching: How to Start and Run a Financial Investment Company from a Finance and Accounting Perspective?. Archives of Business Research, 10(12), 106–120. https://doi.org/10.14738/abr.1012.13563

Issue

Vol. 10 No. 12 (2022): Archives of Business Research

Section

Articles

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Copyright (c) 2022 Raj K. Kohli, Anurag Pant

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.