Yale MBA's Investor Trading Goes Online: MBA News

The Yale School of Management (SOM) MBA's infamous investor trading game has been brought online in order to better teach the business school's students the intricacies of today's stock trading.

 

The game, which was previously played with a deck of cards, mock paper money, and shares of colour coded companies, has been transferred to a completely online environment. This was result of four years of work by the game's inventor, Robert Ibbotson, professor in the practice of finance, and the Yale Center for Media and Instructional Innovation.

 

"For years, Yale School of Management students have competed against each other in a fictional stock market game that transformed the New Haven Lawn Club ballroom into a raucous, faux trading pit," the school explains in a blog post.

"Yale SOM's Investor Trading Game is one of the highlights of the fall semester for first-year MBA students, a fun, challenging event that builds on the lessons of the investor course."

 

Though the updated version of the game has unfortunately lost some of its atmosphere, according to the school, the new version is now more realistic and a more advanced teaching aid for real life stock trading.

 

"Now the game reflects the way stocks are traded today - electronically," explains the game's inventor, Professor Ibbotson. "Everything happens much faster. There are more variables that can be adjusted and the computer keeps a score on everyone playing.

 

"It's what happened to the real markets."