MUN Lai Yoke
Department of Economics
Faculty of Arts and Social Sciences (FASS)
Mun, L. Y. (2024). Integrating career education into introductory courses with AI Assistant: A case study with EC2880C “Introduction to Foreign Exchange” [Lightning talk]. In Higher Education Conference in Singapore (HECS) 2024, 3 December, National University of Singapore. https://blog.nus.edu.sg/hecs/hecs2024-lymun/
SUB-THEME
Opportunities from Career Exploration with AI Assistant
KEYWORDS
Career development learning, AI assistant
CATEGORY
Lightning Talk
EXTENDED ABSTRACT
EC2880C “Introduction to Foreign Exchange” is a new economics course with no economics prerequisites. It is designed and taught by the author, primarily for freshmen and sophomores. Being a primer, it can be taken independently as a standalone course. It provides a foundation of the foreign exchange markets for students who are keen to work in corporations with global operations, or financial institutions including the central banks.
With the increase in global trade and capital flows, understanding and managing foreign exchange market exposures are important skills in the workplace. This course introduces students to the foreign exchange markets, institutions, tools and applications. The objective of this course is to provide students with the contexts and tools to think about current issues related to foreign exchange exposures in international finance. These include the choice of exchange rate regimes, exchange rate forecasting, and exposure management using a variety of instruments, and policies to ensure the smooth functioning of the foreign exchange markets.
One of the chapters is entitled Careers in International Finance. Using the participants in the Foreign Exchange (FX) market as the context, we explore the various roles available on both sides of the market: the buy-side and sell-side, and their core businesses. In addition, we review a typical organisational structure, and the asset classes or products commonly traded by these firms. With AI assistant, we drill deeper into the available roles along the following dimensions: skillset, qualifications and training, and typical character traits needed for each role.
Based on the post-course survey, students ranked this chapter highly. The following are excerpts from their comments.
“Chapter 10 is my favorite chapter. I was so surprised that in the last chapter I could learn all this knowledge about the industry and employment. And that kind of diversifies what I think is a more theoretical class.”
“It gave me a reference for my future career direction.”
“In this class, I learned some knowledge about career planning… This class also made me reflect on myself and think about my current major and my future plan.”
By incorporating relevant career pathways into introductory courses, we can inculcate greater engagement and motivation in students. It makes salient the relevance of the course content and supports students’ career development by giving them lead time in planning their academic journey and internships. This corroborates the findings from Bridgstock et al. (2019), where integrating career development learning into the curriculum enhances the employability of higher education learners.
REFERENCE
Bridgstock, R., Grant-Iramu, M., & McAlpine, A. (2019). Integrating career development learning into the curriculum: Collaboration with the careers service for employability. Journal of Teaching and Learning for Graduate Employability, 10(1), 56-72. http://dx.doi.org/10.21153/jtlge2019vol10no1art785