Abstract

In this article, the authors review their experience with a distance learning (DL) course and provide insights on successful design and implementation of DL courses. The course described enabled students to learn the theory and pricing of derivative securities. Students received instruction entirely through a home-based Web-enhanced system involving homepages, chat rooms, e-mail, and a Web container (Blackboard). The authors conclude that the necessary components for a successful distance learning course include comfort with this form of instruction by both faculty and students, availability of technical support, frequent communication for monitoring learning, detailed presentation of the topics, and new means for assessing learning.

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