Abstract
Simulations are used in business education to improve skill attainment and application. Exit examinations, however, remain imperative measures used for accreditation. This research assesses the relationships between skill sets across business students to test the hypothesis that competencies within and between Glo-Bus as a simulation and Peregrine as an exam positively correlate. We find that while all Peregrine competencies correlate, 11 of 36 possible correlations are present within the Glo-Bus competencies and 47 of 153 possible correlations are present between Glo-Bus and Peregrine competencies. Overall, Glo-Bus and Peregrine scores are weakly, positively correlated, r (157) = .242, p < .01.
Highlights
T here have been two significant trends in higher education aimed at improving learner knowledge and retention of material, with the goal of transparency related to actual skills gained in an undergraduate or graduate program
Do Glo-Bus simulations improve Peregrine scores? Glo-Bus is utilized for its direct application of principles (Cotae et al, 2016), but to date, no studies have assessed the alignment of the scores that Glo-Bus produces based on these principles with those of Peregrine exit exam scores
It is unknown if Glo-Bus improves Peregrine scores and as such, if Glo-Bus competencies provide instructors with any indication of Peregrine scores
Summary
T here have been two significant trends in higher education aimed at improving learner knowledge and retention of material, with the goal of transparency related to actual skills gained in an undergraduate or graduate program. Business simulations and examinations have been related to Bloom’s taxonomy and learning theory to add approaches to improve learner understanding in both practical and theoretical dimensions (Cotae et al, 2016) It has been noted, that available programs do not necessarily follow the academic progression as defined by typical coursework, and may have some significant limitations as assessments (Cotae et al, 2016). The Peregrine provides competency scores for each of the following domains: accounting, business ethics, business finance, business integration and strategic management, business leadership, economics, economics: macroeconomics, economics: microeconomics, global dimensions of business, information management systems, legal environment of business, management, management: human resource management, management: operations/production management, management: organizational behavior, marketing, and quantitative research techniques and statistics Each of these scores is totaled for a comprehensive score (Peregrine Academic Services, 2018)
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