Digitalization and Backward Design take the finance teaching techniques and study plan strategy one step further

Abstract

Digitization has been around for several years, but its use has become a necessity with the Covid-19 pandemic. Lockdown forced us to work remotely overnight, to use digital networks to communicate, make payments, learn all sectors of activity were forced to adapt to the digital age in one night. This paper shows how teaching, research, and the study plan must adapt to the new communication requirements and students’ needs to achieve the course learning outcomes in a virtual environment. The paper proposes a realistic academic plan design - backward. Taking into account new environmental and digital challenges, the backward design facilitates the decision on the content of the study plan, the elimination of less important parts, and the application of new communication and assessment techniques.