The DL-Trading Game

Abstract

The DL-Trading Game is a new, open-source, instructional trading game developed to teach and assess finance at the introductory undergraduate through MBA levels. Teaching portfolio management and employing market models such as CAPM, students cannot have a practical understanding of the concepts unless they try to put together a portfolio with a target beta. The game enhances student learning by engaging student interest in a learning-by-doing environment. It is linked to an excel spreadsheet that provides automatically generated, and objective, feedback to students. The Trading Game also allows one to more easily collect objective data on whether students are achieving a course’s learning goals: a valuable tool for AACSB accreditation.

Keywords: Active Learning, Virtual Stock Markets, Trading Game, Simulation, Computer Aided Instruction, Pedagogy

JEL Classification: A2, G1