Finance, Markets and Valuation
Not found
Title: The use of the R statistical software in the quantitative finance subject: Development of skills and competences
Authors: Roberto Cervelló-Royo, Francisco Guijarro, Javier Oliver
DOI: Not found
Abstract:
The change in the teaching orientation due to the adaptation to the new European Higher Education Area (EHEA), involved a remarking new education paradigm, moving from a learning content to an orientation based on learning results and development of competences. The introduction of the R statistical software in the Quantitative Finance subject lab-sessions implied a change in this vein. Among others, it strengthened the competences related with the learning of the contents of the subject. Moreover, among the different transversal competences (TC) and skills (a total of nine TCs), the following competences were chosen as checkpoints: Critical synthesis of information and the use of specific tools. Under the methodological vision of action-research and the critical observation of teaching in the subject we use the lab-cases and sessions in order to propose actual cases, therefore, we avoid the use of simple practical exercises. By means of the R statistical software the main goal was to reach the objectives of the proposed three lab-sessions.
Keywords: Not found
