Business simulations provide a teaching method that typically yields (1) more hands-on experience, (2) a higher level of excitement, (3) a higher noise level (and yet a lower incidence of problems), and (4) more commitment than traditional methods of teaching (McLure 1997, 3). Business simulations are experiential learning opportunities that have…

Purpose: To explore the potential for adoption of TQM in self-financed technical institutions in the light of new demands and challenges posed by customers/students and society. Design/methodology/approach: The paper presents use of quality function deployment (QFD) which prioritizes technical requirements and correlates them with various…

The purpose of this article is to: (1) Examine the historical development of the Federal Reserve System; (2) Provide background on Ben Bernanke, the new Fed chairman; (3) Explain the basic tools of monetary policy used by the Fed; (4) Examine the causes of the Great Depression, a topic of special interest to Bernanke; and (5) Provide some key…

The monograph reports on a survey of fund raiser attitudes toward issues of professionalism and stresses that professional competence is not enough if an occupational group aspires to be recognized as a true profession. Part I provides an overview of fund raising as a profession including sections on: what a profession is, the professional…

Describes programs offered or sponsored by national trade associations in the finance industry. (IRT)

Examines a structural equation model of the effects of persuasiveness, salience, and uncertainty on participation in innovations, focusing on the process by which an innovative manager in a financial institution secures support from other managers in the early stages of an innovation. Finds that persuasion had a paramount impact on participation.…

Survey responses from libraries in colleges with accounting programs (104 accredited, 163 nonaccredited) showed that nonaccredited schools with no advanced business degrees subscribed to fewer than 3 of 43 international journals; the average for accredited schools was 15. Only 17.67% of accounting and finance journals in accredited institutions…

Survey responses from 245 of 500 financial officers and 347 of 500 finance educators showed both groups perceived the same finance topics important for entry-level positions, although educators thought them more important. Nonfinance topics such as communication, interpersonal, and computer skills were also important. (SK)

Describes the 20/20 Initiative of the National Association of College and University Business Officers and the 4 regional associations, a collaborative planning and change effort to help the associations serve the needs of higher education administrators and improve their services. Most member recommendations involved conducting targeted member…

A simulation game being used in the economics department at the University of North Dakota to introduce students to the world of banking is described. The rationale for this approach is that the economics curriculum tends to be more conceptual than practical in content, and provides limited internship opportunities. The simulation game approach…

Credit is plentiful and so are bad debts. There is a good demand for bill collectors. Where they work, job qualifications, employment outlook, earnings and other aspects of the occupation are topics considered. (MW)

Discusses performance-related pay and why the system was introduced, how it was negotiated, and how it has operated. The case study illustrated is in a British financial services company where the system was negotiated in 1986 and began in 1987. (JOW)

Web-based financial commentary, in which experts routinely express market-related thought processes, is proposed as a means for college students to learn vicariously about financial markets. Undergraduate business school students from a regional university were exposed to expert market commentary from a single financial Web site for a 6-week…

Middle school students practiced their math skills and learned about the stock market by selecting and managing their own hypothetical portfolios of real stocks. (SJL)

This article reports the results of a 2-year study examining the effects of subject matter, course structure, and participant behaviors on students' perceived learning and satisfaction with delivery medium in Web-based courses of an MBA program in the midwestern United States. Using finance as the referent discipline, we found statistically…