The Effects of Work-integrated Education and International Study Exchange Experience on Academic Outcomes

ABSTRACT In this paper, we report on the analysis of data collected from 684 students majoring in Accounting and Finance, to examine the relationship between academic outcomes and Work-integrated Education (WIE) and International Study Exchange (ISE) experiences. Both WIE and ISE are common elements of undergraduate business education because of the benefits to students’ skills development they provide, particularly in the areas of graduate attribute development. This study examined the relationship between the change in students’ academic performance and the amount and type of WIE a student undertook and whether or not they participated in an ISE. Findings showed that both completing a higher amount of WIE and undertaking an ISE are positive predictors of change in a student’s grade point average. In addition, students who undertook industry-relevant WIE or WIE sourced by the school had higher grades on graduation. As well as benefits to overall academic achievement, the results showed that students who participated in ISE had significantly higher grades in the final year, major project, as well as a higher grade on graduation. Furthermore, undertaking an ISE and also doing extra WIE had the greatest effect on change in GPA. These findings strongly suggest that relevant WIE and ISE experiences are valuable for helping students be academically more successful when they return to study at their home institution.