The Impact of Using a Multimodal Learning System on Academic Achievement in Investment Project Valuation

Abstract

This research seeks to evaluate how a multimodal learning system (a financial simulator combined with a learning management system) impacts university students’ academic achievement in investment project valuation. Likewise, a measuring instrument is presented to evaluate the academic achievement obtained in a subject traditionally recognized as complex. The applied approach was quantitative. The research design was quasi-experimental, with two groups selected at convenience, a control group that followed traditional techniques and an experimental one to which the simulator was applied. The sample consisted of 42 students enrolled in the third and fifth semesters at ITESM (Tecnologico de Monterrey) campus Cuernavaca from August to December 2022. They were tasked to develop an innovative proposal and determine whether they should support or reject the investment. The evidence indicated that the experimental group obtained better academic achievement using the simulator. Also, due to the ease of use, students were motivated to research the subject and develop more complex scenarios based on their skills and dispositions. The results and feedback provided a path to improve the tool and develop a version in the cloud with more functionalities to improve user experience and engagement.