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Peer Review

Know Your Banking Terms

by James Kirk


Overall Numeric Rating:

5 stars
Content Quality: 5 stars
Effectiveness: 4.75 stars
Ease of Use: 5 stars
Reviewed: Apr 23, 2010 by Business Editorial Board
Overview: A bingo-type interactive online game that teaches participants twenty-four basic banking terms
Type of Material: Drill and practice.
Recommended Uses: In class and individual usage.
Technical Requirements: Flash Player
Identify Major Learning Goals: To provide drill and practice in a fun way to learn banking terms.
Target Student Population: High school or college level business students at the undergraduate level.
Prerequisite Knowledge or Skills: Basic banking terms

Evaluation and Observation

Content Quality

Rating: 5 stars
Strengths: This module is clear, concise, accurate, current and relevant. It is such a fun little game that most students would repeat it several times and in the process learn basic banking terms. Users get only one chance to select the correct definition for a term per game. The questions are randomly generated so that each time the game is replayed the order of the questions change. The game also scores correct responses and the number of bingo obtained while attempting to fill the board.
Concerns: None

Potential Effectiveness as a Teaching Tool

Rating: 4.75 stars
Strengths: This module identifies learning objectives and is very efficient. Students typically love this type of discrete "game". It has a positive reinforcement in the "ding" received every time the correct term that matches the given definition is selected. It gives you a funny little noise when a term is missed.
Concerns: Prerequisite knowledge is not identified. Since the module is a game on term definition, relationships between concepts are not demonstrated, nor are concepts reinforced progressively.

Ease of Use for Both Students and Faculty

Rating: 5 stars
Strengths: The bingo game meets all of the ease of use qualities desired by MERLOT. In addition, it has substance. It is is easy to use, engaging, visually appealing, and interactive. The terms are up-to-date and relevant to banking today. A few of the terms tested are: E-check, encryption, and debit card, all relevant to today's online banking environment.
Concerns: None