InvestSIM / Joycelyne Nyandang ... [et al.]

• Main Authors: Nyandang, Joycelyne, Abu Bakar, Nur Ain, Pakasa, Umi Insyirah, Enchas, Carolin Ann
• Format: Conference or Workshop Item
• Language: English
• Published: 2023
• Subjects: Higher Education; Lectures and lecturing
• Online Access: https://ir.uitm.edu.my/id/eprint/90426/1/90426.pdf; https://ir.uitm.edu.my/id/eprint/90426/

In today's complex and dynamic financial landscape, developing a sound understanding of investment principles and strategies is crucial for individuals to make informed financial decisions. To address the growing need for improved financial literacy, this study introduces an innovative investment simulation tailored to educational contexts. This simulation aims to provide participants, such as students and novice investors, with a practical and immersive learning experience in the realm of investments. Hence, InvestSIM, is a trading game for beginners who would like to get a trading experience using virtual money. This trading game will introduce players on how to trade stocks such as buying and selling stocks at certain stock prices. In this trading game, students and the players will be given RM100,000 virtual money as a start-up. After some period, the players will see how much profit they get or how much losses they made if they decide to buy or sell shares. The pedagogical approach adopted for this simulation emphasizes experiential learning and active engagement. Participants are encouraged to analyze market data, evaluate investment opportunities, and adjust their portfolios based on the changing market conditions. Instructors or lecturers have the flexibility to integrate the simulation into various educational settings, such as classrooms, workshops, and online courses, thereby enhancing the overall learning experience.