tag:blogger.com,1999:blog-6987692051755697699.post4823767294411517832..comments2023-04-19T15:26:00.804-07:00Comments on FTS: Trading Simulation Software for Trading Rooms, Finance & Accounting Courses: Ethical DilemmaFinancial Trading Systemhttp://www.blogger.com/profile/08662668093051152462noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6987692051755697699.post-13341552028252591902011-05-16T11:13:53.441-07:002011-05-16T11:13:53.441-07:00Thank you for the great comment. Please email ft...Thank you for the great comment. Please email fts@ftsweb.com, I will be happy to schedule a web-meetig and give you a trial account.Financial Trading Systemhttps://www.blogger.com/profile/08662668093051152462noreply@blogger.comtag:blogger.com,1999:blog-6987692051755697699.post-49378149886526343392011-05-09T19:17:34.113-07:002011-05-09T19:17:34.113-07:00I came across this site looking for an in-class ac...I came across this site looking for an in-class activity for my business ethics course. Pedagogically, I think this sort of exercise would be highly effective with regard to "teaching ethics," especially in a business ethics course. Few ethics professors would argue that ethics is something that can be taught within the confines of a lecture hall. Can you cultivate your character by taking an ethics class? Would Skilling or Madoff have acted differently if they had a business ethics class? Probably not. <br /><br />A more modest expectation for the ethics professor aims at inciting within the student a critical self-awareness that forces him or her to really think about the nature of his or her ethical values. In a traditional business ethics class, this is typically carried out through analyzing case studies and scandals. But, I must earnestly admit, so few of my business ethics students seem to reach this level of critical self-reflection, with the majority of my students unable (and unwilling) to see beyond the myopic “shareholder” model of corporate responsibility. <br /><br />What I like about this activity is that is reveals to the student the complexity of a business transaction and the many different values to be considered in such a situation. In this activity, you cannot think just about the bottom line, for, when you are thrown into this dillema there are multiple factors that must be considered, including, not just economic values, but psychological, legal, and ethical ones as well. I think I would probably have a higher success rate with something like this because it actually brings the student to that moment where he or she must make a decision: “How should I act?” “What is the right thing to do?” “What are the various values that I must consider here, and what are the potential consequences of favoring certain values of others?" Pedagogically, there seems to be a lot of uses for this in the classroom, but I would really love to experiment with the maieutic of this exercise and the self-knowledge that arises out of it. I would love to see how this works!!! Is it possible to have a demo or a trial?Frustrated Business Ethics Professornoreply@blogger.com