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Using business simulation: An authentic learning experience for accounting students
Akhtaruzzaman, Md Ahmadi, Hormoz James, Wendy Ghosh, Ratan
Akhtaruzzaman, Md
Ahmadi, Hormoz
James, Wendy
Ghosh, Ratan
Abstract
Purpose: Our study aims to investigate the learning effectiveness of business schools in Australia using the framework of authentic learning. Additionally, it proposes the acceptability of authentic learning measures within the Australian context.
Design/methodology/approach: A structured questionnaire was used to assess the efficacy of authentic learning constructs across different time frames from January 2021 to July 2022. Relevant measurements were employed to evaluate the convergent and discriminant validity scales used to measure authentic learning experiences.
Findings: The results indicate that all nine dimensions (constructs) of authentic learning have statistical significance in assessing learning outcomes in Australian business schools. No variability in the significance of the constructs across different time frames was observed, demonstrating the robustness of the results.
Practical implications: Our study offers valuable insights for educators, policymakers, and corporate recruiters by highlighting the development of authentic learning capabilities in Higher Education Institutions (HEIs) in Australia. This approach can enhance academic development through industry-academia collaboration, reducing the gap between education and industry needs, and producing market leaders for sustainable economic development.
Originality/value: This study is a novel attempt to evaluate authentic learning scales in Australian HEIs, specifically within business schools, and to assess how academic practices align with recruiters' expectations.
Keywords
Authentic learning, Business simulation, Accounting education, Business schools, Australia
Date
2024
Type
Journal article
Journal
Book
Volume
Issue
Page Range
1-11
Article Number
ACU Department
Peter Faber Business School
Faculty of Law and Business
Faculty of Law and Business
Collections
Relation URI
Event URL
Open Access Status
License
All rights reserved
File Access
Controlled
Notes
© Emerald Publishing Limited
The authors acknowledge the Australian Catholic University’s Teaching Development Grant received in 2019.
The authors acknowledge the Australian Catholic University’s Teaching Development Grant received in 2019.