Work

Enhancing Conceptual Understanding in Corporate Finance through Simulated Data:

Year: 2025

Type: article

Abstract: This paper proposes and details a pedagogical framework that highlights the integration of simulated financial data to improve conceptual understanding and decision-making skills of Corporate Finance education. Traditional lecture-based teaching often struggles to contextualize abstract financial concepts such as Net Present Value (NPV), Internal Rate of Return (IRR), capital budgeting, capital structure, and dividend policy. Through a structured simulation framework, this study presents a novel method to bridge theoretical knowledge with practical financial scenarios. A sample capital budgeting simulation is presented as a teaching tool for implementation by educators. The paper concludes with a discussion of the implications for curriculum design, student engagement, and future research opportunities in finance education.

Source: Gading Journal for the Social Sciences

DOI: 10.24191/gading.v28i2.646

Authors: Shahsuzan Zakaria, Nor Farradila Abdul Aziz, Siti Norbaya Mohd Rashid, Rafiatul Adlin Mohd Ruslan, Mohd Faizal Kamarudin

Institutions: Universiti Teknologi MARA System, Universiti Teknologi MARA

Language: English

Topic: Management and Marketing Education

Subfield: Management of Technology and Innovation

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Quality education

Open Access status: hybrid

Funder: Universiti Teknologi MARA