Event Title

Motivation, Knowledge, and Confidence in Stock Market Investing Among a Diverse College Student Population: An Exploratory Study Assessing Impact of Stock Market Simulation Games

Presenter Information

Phuong Nguyen

Presentation Type

Oral Presentation

Major

College of Business and Public Administration

Category

Humanities and Letters, Behavioral and Social Sciences

Session Number

07

Location

RM 217

Faculty Mentor

Dr. Benjamin Becerra

Juror Names

King-To Yeung, Jacob Jones, Kimberley Cousins

Start Date

5-16-2019 2:40 PM

End Date

5-16-2019 3:00 PM

Abstract

Title: Motivation, Knowledge, and Confidence in Stock Market Investing Among a Diverse College Student Population: An Exploratory Study Assessing Impact of Stock Market Simulation Games Hypothesis: Research on CSUSB students’ response to the stock market is being conducted. Through the stock market simulator, the goal is to understand students’ perspective on their personal finance and the economy. Additionally, the research is expected to increase student motivation, knowledge, and confidence regarding finance through a virtual stock market game. Methods: Using Qualtrics survey program, participants’ demographic information as well as point of views regarding finance will be collected before having everyone sign in the game. In order to compare the participants’ view before and after the game, another survey with the same questions will be given out when the game ends. R statistical software will be used to organize and analyze all the obtained data. Results: By the end of the study, it is expected that CSUSB students will be more knowledgeable about the stock market and the economy, and more aware of their current financial situation, whether it is good or bad. Conclusion: It is expected that CSUSB students will be able to take more initiative to their personal finance according to what they will learn from participating in this research.

Share

COinS
 
May 16th, 2:40 PM May 16th, 3:00 PM

Motivation, Knowledge, and Confidence in Stock Market Investing Among a Diverse College Student Population: An Exploratory Study Assessing Impact of Stock Market Simulation Games

RM 217

Title: Motivation, Knowledge, and Confidence in Stock Market Investing Among a Diverse College Student Population: An Exploratory Study Assessing Impact of Stock Market Simulation Games Hypothesis: Research on CSUSB students’ response to the stock market is being conducted. Through the stock market simulator, the goal is to understand students’ perspective on their personal finance and the economy. Additionally, the research is expected to increase student motivation, knowledge, and confidence regarding finance through a virtual stock market game. Methods: Using Qualtrics survey program, participants’ demographic information as well as point of views regarding finance will be collected before having everyone sign in the game. In order to compare the participants’ view before and after the game, another survey with the same questions will be given out when the game ends. R statistical software will be used to organize and analyze all the obtained data. Results: By the end of the study, it is expected that CSUSB students will be more knowledgeable about the stock market and the economy, and more aware of their current financial situation, whether it is good or bad. Conclusion: It is expected that CSUSB students will be able to take more initiative to their personal finance according to what they will learn from participating in this research.