Approach to learning financial theory through business gaming

Recently financial education has become more important because financial technology is highly developing and financial market is growing in importance. In this research, we apply business game method to financial education. Especially we focused on learning of asset allocation. As a result of intensive experiments, we found that (1) players learned not to take excessive risk through business gaming and (2) they recognize the importance of risk control by our experiments. These findings indicate that our approach is valid for financial education.