InvestSIM / Joycelyne Nyandang ... [et al.]
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 invest...
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2023
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Online Access: | https://ir.uitm.edu.my/id/eprint/90426/1/90426.pdf https://ir.uitm.edu.my/id/eprint/90426/ |
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my.uitm.ir.904262024-09-02T17:30:39Z https://ir.uitm.edu.my/id/eprint/90426/ InvestSIM / Joycelyne Nyandang ... [et al.] Nyandang, Joycelyne Abu Bakar, Nur Ain Pakasa, Umi Insyirah Enchas, Carolin Ann Higher Education Lectures and lecturing 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. 2023-10 Conference or Workshop Item PeerReviewed text en https://ir.uitm.edu.my/id/eprint/90426/1/90426.pdf InvestSIM / Joycelyne Nyandang ... [et al.]. (2023) In: UNSPECIFIED. |
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Higher Education Lectures and lecturing Nyandang, Joycelyne Abu Bakar, Nur Ain Pakasa, Umi Insyirah Enchas, Carolin Ann InvestSIM / Joycelyne Nyandang ... [et al.] |
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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. |
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Conference or Workshop Item |
author |
Nyandang, Joycelyne Abu Bakar, Nur Ain Pakasa, Umi Insyirah Enchas, Carolin Ann |
author_facet |
Nyandang, Joycelyne Abu Bakar, Nur Ain Pakasa, Umi Insyirah Enchas, Carolin Ann |
author_sort |
Nyandang, Joycelyne |
title |
InvestSIM / Joycelyne Nyandang ... [et al.] |
title_short |
InvestSIM / Joycelyne Nyandang ... [et al.] |
title_full |
InvestSIM / Joycelyne Nyandang ... [et al.] |
title_fullStr |
InvestSIM / Joycelyne Nyandang ... [et al.] |
title_full_unstemmed |
InvestSIM / Joycelyne Nyandang ... [et al.] |
title_sort |
investsim / joycelyne nyandang ... [et al.] |
publishDate |
2023 |
url |
https://ir.uitm.edu.my/id/eprint/90426/1/90426.pdf https://ir.uitm.edu.my/id/eprint/90426/ |
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1809152311776247808 |
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13.19449 |