Class Schedule and Student Performance: Evidence From Introductory Corporate Finance Classes
DOI:
https://doi.org/10.33423/jhetp.v25i1.7565Keywords:
higher education, class schedule, class frequency, student performanceAbstract
By analyzing a sample of 230 students enrolled in introductory corporate finance classes, this study examines whether differences in scheduling formats—Monday-Wednesday-Friday (MWF) with 50-minute lectures versus Tuesday-Thursday (TR) with 75-minute lectures—impact student performance when the course design is consistent. The findings, supported by nonparametric tests and ordinary least squares regressions, indicate that TR students perform slightly better than their MWF counterparts, although the difference is not statistically significant. Additionally, the results reveal that accounting and finance majors outperform students in other disciplines, particularly in 75-minute classes. These findings suggest that college administrators may consider eliminating Friday classes and consolidating courses into MW or TR schedules, at least for introductory corporate finance classes, without adversely affecting student performance.
References
Andrietti, V., & Velasco, C. (2015). Lecture attendance, study time, and academic performance: A panel data study. Journal of Economic Education, 46(3), 239–259.
Biktimirov, E.N., & Klassen, K.J. (2008). Relationship between use of online support materials and student performance in an introductory finance course. Journal of Education for Business, 83(3), 153–158.
Borde, S.F., Byrd, A.K., & Modani, N.K. (1998). Determinants of student performance in introductory corporate finance courses. Journal of Financial Education, 24, 23–30.
Carrington, L.G. (2010). The impact of course scheduling on student success in intermediate accounting. American Journal of Business Education, 3(4), 51–60.
Chan, K.C., Shum, C., & Wright, D.J. (1997, Fall/Winter). Class attendance and student performance in principles of finance. Financial Practice and Education, pp. 58–65.
Chiu, V., Gershberg, T., Sannella, A.J., & Vasarhelyi, M.A. (2014). Does a live instructor matter? Journal of Emerging Technologies in Accounting, 11, 1–25.
Clark, C.E., & Webster, E.H. (1995). Improving student performance in a quantitative course: Is it possible? Financial Practice & Education, 5(1), 130–131.
Cotti, C., Gordanier, J., & Ozturk, O. (2018). Class meeting frequency, start times, and academic performance. Economics of Education Review, 62, 12–15
Didia, D., & Hasnat, B. (1998). The determinants of performance in the university introductory finance course. Financial Practice and Education, 8(1), 102–107.
Diette, T.M., & Raghav, M. (2018). Do GPAs differ between longer classes and more frequent classes at liberal arts colleges? Research in Higher Education, 59, 519–527.
Dills, A.K., & Hernández-Julián, R. (2008). Course scheduling and academic performance. Economics of Education Review, 27(6), 646–654.
Einig, S. (2013). Supporting students’ learning: The use of formative online assessments. Accounting Education, 22(5), 425–444.
Ewer, S., Greer, O., Bridges, W., & Lewis, B. (2002). Class length and student performance: An extended study. International Advances in Economic Research, 8(2), 160–168.
Henebry, K. (1997). The impact of class schedule on student performance in a financial management course. Journal of Education for Business, 73(2), 114–120.
Joyce, T., Crockett, S., Jaeger, D.A., Altindag, O., & O’Connell, S.D. (2015). Does classroom time matter? Economics of Education Review, 46, 64–77.
Loveland, K., & Bland, E. (2013). Impact of course scheduling formats on student learning and satisfaction. Atlantic Economic Journal, 41(2), 191–192.
Rayburn, L.G., & Rayburn, J.M. (1999). Impact of course length and homework assignments on student performance. Journal of Education for Business, 74(6), 325–331.
Reardon, J., Payan, J., Miller, C., & Alexander, J. (2008). Optimal class length in marketing undergraduate classes: An examination of preference, instructor evaluations, and student performance. Journal of Marketing Education, 30(1), 12–20.
Sheridan, B., Smith, B., & Pleggenkuhle-Miles, E. (2017). Short vs. long: Cognitive load, retention and changing class structures. Education Economics, 25(5), 501–512.
Smolira, J.C. (2008). Student perceptions of online homework in introductory finance courses. Journal of Education for Business, 84(2), 90–94.
Terry, A. (2002). Student performance in the introductory corporate finance course. Journal of Financial Education, 28, 28–41.
Titard, P.L., DeFranceschi, J.E., & Knight, E. (2014). Using online homework to improve exam scores. Journal of Business and Educational Leadership, 5(1), 58–63.
Trout, B. (2018). The effect of class session length on student performance, homework, and instructor evaluations in an introductory accounting course. Journal of Education for Business, 93(1), 16–22.
Williams, K.M., & Shapiro, T.M. (2018). Academic achievement across the day: Evidence from randomized class schedules. Economics of Education Review, 67, 158–170.