Many business schools and even finance-oriented high schools across the country are integrating real digital solutions into their locations and classrooms – a trend that not only reflects the rapid technological advances of the modern world, but also the impressive speed with which many of these still new ones Technologies are becoming cheap enough for the masses. One way to really bring the real world into a financial education environment is to use trading rooms.
Trading rooms are basically classrooms that are designed to mimic the atmosphere of a real trading room. They have large LCD screens with live market data, LED tickers, multi-time zone clock displays and much more. So why build one of these rooms on your campus and what’s in it for the students?
First of all, a trading room is about creating this authenticity so that your students feel like they are right in the middle of it. This helps to build excitement, attract attention and use the momentum – all important aspects of the learning process. It’s like the difference between playing around with an aviation video game and sitting in a professional flight simulator.
2. Learning tools
And this authenticity goes hand in hand with highly effective learning resources. Because in the most authentic trading rooms, the tools are not just set up for the show. They are used to analyze and deal with the business world so that we can learn with the same tools that professionals use to learn how to do business.
3. Bridge the gap
This closes the often criticized gap between training and practical business experience. They don’t want to send a graduated pool of parrots into the business world, but want to hire highly qualified employees who are able to enter the workforce directly and use their new skills. You want to produce assets for the companies your students hire – not for someone whose education has to start over.
4. High-tech atmosphere
Financial schools benefit from the high-tech atmosphere that a digital display creates because people expect them to be high-tech, and nothing is more high-tech than a real trading place that students can engage with. Schools that accept this quickly set standards, and your students and the public will never forget where they are and what your institution represents.
5. The best of the best picture
What comes together is your school’s image among the best of the best – at the cutting edge of financial education. This means that your authentic trading rooms not only help to offer your students the best possible education, but also directly contribute to the addition of highly qualified academics in the next year … and the year after … and the year after.
As you can see, putting together one of these virtual trading floors in a financial school environment offers a number of great benefits that not only help your school become more effective in educating the world’s future business leaders, but also make it more attractive.