TeachMeFinance.com contains lessons on a host of finance and accounting concepts. Topics covered include: time value of money (present and future value), annuities, perpetuities, interest rates (nominal, periodic, effective annual rate), future value of uneven cash flows, the probability distribution, standard deviation, bond valuation, stock valuation, cost of capital, capital budgeting, credit reports, etc. Video clips accompany most of the topics. Links to economic data, exchange rates, financial calculators and 2,700 financial terms provide learners with additional resources. Content on the website can be viewed in several different languages.
Type of Material:
Lecture/presentations and refrence materials
Recommended Uses:
In class or individual review.
Technical Requirements:
Browser
Identify Major Learning Goals:
As a result of using this site students will be able to understand apply a variety of financial and accounting concepts described in the Overview to this review.
Target Student Population:
High school, two-year community college, undergraduate and graduate students studying finance or accounting.
Prerequisite Knowledge or Skills:
Basic math skills, use of a financial calculator.
Content Quality
Rating:
Strengths:
Most of the concepts covered include a short video clip and a transcript of the audio that accompanies the slides.
The presenter’s logic is clear, complete, and concise.
Information presented is accurate, current, and relevant.
The presenter's voice is clear and engaging.
The multimedia format used will appeal to both auditory and visual learners.
Links to additional resources are useful.
Concerns:
The site only presents content and has no accompanying assignments or questions.
The ads that appear throughout the screens are annoying.
Some of the language used by the presenter is colloquial.
The Financial Terms (glossary) is not formatted very well making it difficult to use.
Some concepts are not covered in sufficient detail such as the CAPM and Security Market line.
Some of the material is dated i.e. Financial charts.
At the time of this review, the Financial News link takes one to a weather report.
Potential Effectiveness as a Teaching Tool
Rating:
Strengths:
Most of the coverage is in layman terms which makes it appropriate for teaching the general public/lower level college.
Concepts seem to be introduced and reinforced progressively.
Good illustrations and examples are provided for most of the concepts.
This site would be an excellent tool for individuals needing to review concepts previously learned.
Concerns:
Learning objectives are not explicitly stated.
Potential effectiveness is hurt because of no interactivity, therefore no opportunity for feedback.
Some of the elements have an accompanying You Tube presentation, some have none. The site has no introduction or summary.
The presentations cover basic finance concepts but does so at a very high level.
There is very little demonstration of relationships between concepts.
Ease of Use for Both Students and Faculty
Rating:
Strengths:
Teach Me Finance is very easy to use.
The web site contains video clips (audio and visual) along with transcripts.
The video clips can be enlarged to full screen.
The narrator's voice has excellent listening appeal using good vocal inflections to capture the viewer's attention.
The left frame serves as a table of contents for the wealth of information available on this website.
Concerns:
Design quality is average.
Video clips are primarily black and white text.
The transcript of text is limited to the left center third of the screen, with the remaining right third dedicated to advertisements.
The lack of interactivity will have a negative impact on engagement.
Creative Commons:
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