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Fish, Laurel J.; Halcoussis, Dennis; Phillips, G. Michael – American Journal of Business Education, 2017
The Monte Carlo method and related multiple imputation methods are traditionally used in math, physics and science to estimate and analyze data and are now becoming standard tools in analyzing business and financial problems. However, few sources explain the application of the Monte Carlo method for individuals and business professionals who are…
Descriptors: Statistical Analysis, Monte Carlo Methods, Spreadsheets, Simulation
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Shanklin, Stephen B.; Ehlen, Craig R. – American Journal of Business Education, 2017
This paper extends the use of the Monopoly┬« board game as an economic simulation exercise designed to reinforce an understanding of how the accounting cycle impacts the financial statements used to evaluate management performance. This extension adds elements of debt not previously utilized to allow for an introduction of the fundamentals of ratio…
Descriptors: Games, Teaching Methods, Simulation, Accounting
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Arnold, William W. – American Journal of Business Education, 2017
A commitment to voluntary service that benefits others was reinforced for students who authored an e-book on service as a class project in a senior business course. The immersive experience of writing short essays that focused on service shifted students' motivations toward service and solidified their intentions to continue with service after…
Descriptors: Electronic Publishing, Service Learning, Business Administration Education, Generational Differences
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Moosavian, Seyyed Ali Zeytoon Nejad – American Journal of Business Education, 2017
In the past few decades, two novel variations of syllabus have emerged: namely "the Graphic Syllabus" and "the Interactive Syllabus". Each of these two variations of syllabus has its own special advantages. The present paper argues that there could be devised a new combined version of the two mentioned variations, called…
Descriptors: Course Descriptions, Economics Education, Teaching Methods, Course Organization
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Mehta, Kamlesh; Uhlig, Ronald – American Journal of Business Education, 2017
This paper examines the potential of business administration vs. computer science degrees in terms of earnings, job security, and job satisfaction. The paper focuses on earnings potential five years and ten years after the completion of business administration and computer science degrees. Moreover, the paper presents the income changes with…
Descriptors: Computer Science Education, Business Administration Education, Income, Salaries
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Mitchell, Jeannette C.; Mitchell, Johanna E. – American Journal of Business Education, 2017
This study evaluates an interactive web-based homework designed to increase student understanding in a principles of microeconomics course. Employing concepts from Action Research, the preliminary investigation was undertaken based on assumptions about the efficacy of online educational resources. Do students who do well on online homework improve…
Descriptors: Web Based Instruction, Homework, Economics Education, Microeconomics
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Naidu, Jaideep T.; Sanford, John F. – American Journal of Business Education, 2017
Standard textbooks in core Statistics and Management Science classes present various examples to introduce basic probability concepts to undergraduate business students. These include tossing of a coin, throwing a die, and examples of that nature. While these are good examples to introduce basic probability, we use improvised versions of Russian…
Descriptors: Undergraduate Students, Business Administration Education, Statistics, Probability
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Schikora, Paul F. – American Journal of Business Education, 2017
With the growth in distance education offerings, instructors who now teach quantitative material via the web have been faced with many challenges. Foremost has been the need to develop appropriate methods for teaching such material to students who are not physically in the classroom. Methodologies that have traditionally been taught in a highly…
Descriptors: Charts, Spreadsheets, Distance Education, Web Based Instruction
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Mangiero, George A.; Kraten, Michael – American Journal of Business Education, 2017
Financial analysts generally create static formulas for the computation of NPV. When they do so, however, it is not readily apparent how sensitive the value of NPV is to changes in multiple interdependent and interrelated variables. It is the aim of this paper to analyze this variability by employing a dynamic, visually graphic presentation using…
Descriptors: Predictor Variables, Visual Aids, Computer Graphics, Business Administration Education
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Estelami, Hooman – American Journal of Business Education, 2017
The use of distance learning methods by universities has experienced significant growth over the past two decades. While this growth has been witnessed nearly equally across the various academic disciplines, it represents unique opportunities in business education. In this article we will profile how technological innovations in distance learning…
Descriptors: Distance Education, Business Administration Education, Innovation, Technological Advancement
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Campbell, Robert D. – American Journal of Business Education, 2017
This paper presents an example of an approach to teaching financial theory at the college and post-graduate levels that I call "teaching backwards". In the more traditional approach, instructors begin by explaining financial theory, then proceed to give examples of the way this theory can be applied to a business problem, structuring…
Descriptors: College Students, Teaching Methods, Money Management, Economics Education
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Silver, Mark S. – American Journal of Business Education, 2017
During the current period of rapid technological change, business students need to emerge from their introductory course in Information Systems (IS) with a set of fundamental principles to help them "think about Information Technology (IT)" in future courses and the workplace. Given the digital revolution, they also need to appreciate…
Descriptors: Information Systems, Information Technology, Information Storage, Information Retrieval
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Delaney, Charles J.; Rich, Steven P.; Rose, John T. – American Journal of Business Education, 2016
This study presents a paradox within the time value of money (TVM), namely, that the interest-principal sequence embedded in the payment stream of an amortized loan is exactly the opposite of the interest-principal sequence implicit in the present value of a matching annuity. We examine this inverse sequence, both mathematically and intuitively,…
Descriptors: Finance Occupations, Time, Loan Repayment, Critical Thinking
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Haskin, Daniel L.; Burke, Megan M. – American Journal of Business Education, 2016
Changes in the views that society holds of capital allocation suggest that sustainability reporting needs to be incorporated into the financial accounting curriculum. This paper reviews the background and history of corporate social responsibility and sustainability reporting and discusses formation of the Sustainability Accounting Standards Board…
Descriptors: Accounting, Business Administration Education, Sustainability, College Curriculum
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Anderson, Johann A.; Leese, Wallace R. – American Journal of Business Education, 2016
A common formula presented in many managerial- and cost-accounting textbooks makes possible the determination of the quantity of units which must be produced and sold to generate a desired dollar-amount of operating income. This article addresses the question "What formula can be used to determine the quantity of units needed to yield a…
Descriptors: Accounting, Mathematical Formulas, Costs, Income
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