Topic: Experiential Learning Strategies
To enhance learning outcomes in introductory finance, we integrate experiential learning into traditional methods of teaching, where students conduct financial literacy workshops to community members. Assessing the project's impact using quantitative and qualitative methods, we observed positive effects on motivation and attitudes toward financial decisions, especially among less motivated students.
There are inconsistencies in the way universities define experiential learning. In an effort to propose solutions, Cal Lutheran defined experiential learning and established an inventory to track experiential learning elements. Presenters will discuss this process and how data will be used to propose future directions along with potential research opportunities.