The Costs And Benefits Of A Finance Lab

Abstract

Technology has revolutionized the practice of finance.  In order to provide business students a current and relevant education, schools in the U.S. and abroad are increasingly adopting the latest technology in the instruction of finance.  A finance lab typically provides real-time or delayed market data, simulation and risk analysis software, and Bloomberg terminals to illustrate various financial concepts and to train students in the use of technology.  This paper discusses numerous important constituents of a finance lab, their costs and benefits, and some potential funding sources.