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Page 1: Dr. Matthew Goldman Kimher Lim donates to Wikipedia
Page 2: Dr. Matthew Goldman Kimher Lim donates to Wikipedia

MARKET DRIVEN PEDAGOGY

OF FINANCIAL ECONOMICS DECISIONS FOR

RAPID PRODUCT REVISION

EDITORS:

MATTHEW GOLDMAN KIMHER LIM

HAZRI JAMIL

NORDIN ABDUL RAZAK

USM SES

2014

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Foreword

Edited to motivate consolidation for learning of financial economics decision for engineering and

non-engineering business decision-making, this book aims to improve graduates’ success at job

interviews by focusing on decision-making skills that the market wants.

Eight interlinked papers from peer-reviewed journal articles began by addressing the current global

situation of graduates’ employment that arises from mismatched of pedagogy and industries’ demand.

Following the introductory paper, a key paper on taxonomy discussed the current six level practices.

Given that technological advances influence taxonomy, facilitation for learning was influenced in a

new dimension, hence the need to harmonize taxonomy and technology by a revision initiative. To

benefit quantitative research in higher education, the specific Repeated Measure design methodology

re-dimensioned analysis after performing a data mining procedure to filter relevant motivational items

for learning and teaching by taking stock of global youths’ employment. The next paper rationalizes

human capital needs for skills that are market driven by industries’ desire for graduate with decision-

making capabilities. This then is followed with a paper on how new generation of graduates’

motivational wish for instructional pedagogy delivery are technologically centered and certification of

skills justify their abilities.

Research students who would teach tertiary programs related to basic financial economics to both

engineering businesses and non-engineering businesses are the main readers. Fresh graduates might

benefit extra knowledge from the material to assist their employability as well as current higher

educationists while professionals might find usefulness in mentoring their staff. Education technology

developers intending to enhance their sights into designing learning systems are advisable to read the

whole material to piece ideas together according to their individual styles in approaching system

development.

A key paper on taxonomy discusses the current practice with common basic descriptive decision-

making cases expected by industries. Given technological advances, taxonomy enhancement for

learning is by facilitation; hence, an initiative to harmonize taxonomy by a multi-disciplinary

approach to instructional pedagogy with design of a computer assisted instructional learning direction.

An example by means of a storyboard relates a case to reinforce understanding thinking skills in

financial economics decisions.

Annexures I and II are meant to transpose knowledge from Paper 1 to 6 into practice with a

storyboard about an automotive industry to exemplify learning. This storyboard can operate as

template to adapt other industries. Some ideas of computer assisted instructional pedagogy design

intent are expressed in Annexure II with development schema for prototyping a database for computer

assisted instructional pedagogy design. Instructional pedagogy system developers might want to take

cue from some high level schema in Annexure II, although they would need to input their

imagination.

Because the contents are meant for a diverse audience from educational research to instructional

pedagogy for both engineering business students as well as financial economics students, each

audience segment would find interest in particular papers.

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About the editors/authors

Dr. Matthew Goldman Kimher Lim

Dr. Lim graduated his PhD from University Sains Malaysia. He had previously earned an

Engineering master degree in manufacturing management from the University of South

Australia and a master degree in international banking from Heriot-Watt University shortly

after completing a degree in Management Systems from Lakehead University. Dr. Lim had

directed and taught twinning/professional programs in Commerce and Accounting at various

universities in China for five years having led previous five years of manufacturing seminars

at the Federation of Malaysia Manufacturer Institute. As part of his eight years techno-

preneurship consulting experience, Dr. Lim had just begun a database engine incubation

initiative to assist development of instructional pedagogy for teaching technical professionals

about financial economics decisions. This initiative had leveraged upon his previous sixteen

years at senior management of multi-nationals and conglomerates in Asia, Australia and

Europe.

Dr. Hazri Jamil

Dr. Hazri graduated his PhD from Sheffield University. Currently he is Deputy Dean in

School of Educational Studies, USM and supervises postgraduate researches in education

policy, teacher education and curriculum pedagogy. As Associate Professor, he specializes in

the areas of Educational Policy, Sociology of Education and Curriculum and Pedagogy, with

Universiti Sains Malaysia. His research contributions include publications of books and

articles in international journals as well as at international conferences. Dr. Hazri has vast

experience in teaching and supervision the areas of educational policy study, sociology and as

well as curriculum and pedagogy.

Dr. Nordin Abd. Razak

Dr. Nordin is an associate professor with the School of Educational Studies, Univ. Sains

Malaysia. He received his PhD from Flinders Univ., Adelaide, South Australia. His expertise

is in educational management and leadership. Dr. Nordin is Exco Member of Malaysian

Psychometric Association, Reviewer for Frontier Psychology [Frontiers Psychology Editorial

Office [[email protected]]. His teaching and research interests are

in applied statistics and data analysis, measurement and organizational behavior from socio-

psychological perspective.

Correspondence

Dr. Matthew Goldman Kimher Lim

[email protected]

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Acknowledgement

The editors wish to thank the Ministry of Higher Education for funding the following papers

and this monograph with the ERGS research grant

Certification Paradigm of Johari Window Human Capital (International Journal of

Innovation, Management and Technology, 4(3), 303-312

Lim, M.G.K., & Hazri, J.

Taxonomy of Financial Economics Decisions – A Revision Initiative International

Journal of Innovation, Management and Technology, 4(3), 376-385.

Lim, M.G.K., & Hazri, J.

Fortified Force Field Analysis with Data Mining of One-Way Repeated Measure

ANOVA . International Journal of Innovation, Management and Technology, 4(3),

331-340.

Lim, M. G. K. & Nordin, A. R.

Enhancing Graduates’ Employability with Market Driven Pedagogy of Financial

Economics Specific Skill for Decision Making. International Journal of Innovation,

Management and Technology 3(3), 136-145

Lim, M.G.K., & Hazri, J.

Market Driven Training of Financial Economics Specifics for International Order

Winners. 2rd Proc. of International Conference on Education and Management

Technology. Vol (13). pp. 49-53. Shanghai: IACSIT Press.

Lim, M.G.K., Hazri, J, & Nordin, A. R.

Market Driven Pedagogy of Financial Economics for Rapid Product Revision

Decision. 2nd Proc. of International Conference of Finance and Management

Science pp. 532-536. Zhengzhou: IACSIT Press.

Lim, M.G.K., Hazri, J., & Nordin, A. R.

The editors also wish to thank IACSIT Press, Singapore for explicit permission to reproduce all

articles published in its journals and conference proceedings in a separate format.

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Organization

The publication addresses the concept and ideas of pedagogy as motivational element for

consolidating learning of financial economics decision for decision-making. This monograph

tells a story of the extra knowledge about decision making that graduates must have to ‘GET

THE JOB’. The story starts with graduates’ inability to pass job interviews because they

often stumble at interview questions, which test their decision-making skills that the market

wants and which market, had repeatedly mentioned its expectation from graduates. This

monograph aims to bring graduates quickly to realize commercial decision-making

expectations, which is the ability to address three basic high value questions.

Eight interlinked papers began by addressing the current global situation of graduates’

employment that arises from mismatched of pedagogy and industries’ demand. Following

the introductory paper, a key paper on taxonomy discussed the current six level practices.

Given that technological advances influence taxonomy, facilitation for learning was

influenced in a new dimension, hence the need to harmonize taxonomy and technology by a

revision initiative. To benefit quantitative research in higher education, the specific Repeated

Measure design methodology re-dimensioned analysis after performing a data mining

procedure to filter relevant motivational items for learning and teaching by taking stock of

global youths’ employment. The next paper rationalizes human capital needs for skills that

are market driven by industries’ desire for graduate with decision-making capabilities. This

then is followed with a paper on how new generation of graduates’ motivational wish for

instructional pedagogy delivery are technologically centered and certification of skills justify

their abilities.

The contents are mostly adopted from peer-reviewed journal articles organized to flow

as best possible. Paper 1 began this monograph with a student-friendly story about

graduates’ summons for employability led pedagogy. Going next into taxonomy, rational

provided by Paper 2 mentioned how construct of FED knowledge and technology might

drive FED taxonomy revision; partly due to discovery made about Generation Z’s graduates

learning inclination by a method elaborated in Part 3 thereafter Paper 4 identified new

information about learning for Paper 5 to discuss how Generation Z wants to learn. Paper 6

rationalized a certification paradigm to acknowledge enhanced human capital.

Annexures I and II are meant to transpose knowledge from Paper 1 to 6 into practice

with a storyboard about an automotive industry to exemplify learning. This storyboard can

operate as template to adapt other industries. Some ideas of computer assisted instructional

pedagogy design are intended into Annexure II with development schema for prototyping a

database for computer assisted instructional pedagogy design. Instructional pedagogy system

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developers might want to take cue from some high level schema in Annexure II, although

they would need to input their imagination.

Readerships

To enable wider readership, the organization of each paper began with linking continuation

from the previous paper. Market Driven Pedagogy of Financial Economics Decision is for

graduate and postgraduate levels as well as in executive education and corporate training

programs. A prerequisite course or experience in corporate finance, industrial pedagogy and

automotive manufacturing would be ideal for the early papers. Being pedagogical intent, the

main readers are post grad research students who would teach tertiary programmes related to

basic financial economics to both engineering businesses and non-engineering businesses. Fresh

graduates might benefit extra knowledge from the material to assist their employability as well

as current higher educationists. Current professionals might find this monograph useful to assist

mentoring their staff. Education technology developers wishing to enhance their insights into

designing learning systems are advisable to read the whole material to piece ideas together

according to their individual styles in approaching system devleopment although the writer uses

the Gane Sarson approch in sketching the schema related to Excel and Access.

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TABLE OF CONTENTS

Acknowledgments

Organization

Readerships

Table of Contents

List of Tables & Figures

List of Acronyms

Page

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ii

iii

iv

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xii

PAPER 1 Enhancing Graduates’ Employability with MDP

Matthew Goldman Kimher Lim & Hazri Jamil

Abstract

Introduction

General Background

Specific CRM Background

Issues Relating to Education for Employability

Mismatched pedagogy

Deficient economies of scale

Demands for FED skills

Impending human capital shortage

Education for employment

Generation Z’s view in learning

Pedagogy research gaps

Some Employability Resolutions

A Scalable Program with CPD and WIDE

Point of Entry into FED

Concluding Remarks

1

1

2

3

5

5

7

8

9

9

11

13

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PAPER 2 Taxonomy of FED – A Revision Initiative

Matthew Goldman Kimher Lim & Hazri Jamil

Abstract

Introduction

Background

FED Pedagogy Review

Pedagogy of FED Skills

FED Taxonomy Base

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21

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25

27

28

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Level-1: Knowledge

Dimension of ‘What’

Dimension of ‘How’

Dimension of ‘When’

Synthesis of ‘WHW’ dimension

Level-2: Understanding

Level-3: Applications

Level-4: Analysis

Level-5: Synthesis

Level-6: Evaluation

FED Taxonomy: Revision Initiative

Four levels initiative

Schema descriptions

Concluding Significances

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32

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PAPER 3 Methods Discover Learning

Matthew Goldman Kimher Lim

Abstract

Introductory Theoretical Framework

Set theory

Structural functionalism

Re-dimensioning variable

Force Field in motivation for learning

Synthesis of motivation from constructivism and behaviourism

Ethos in formal lessons, CPD and WIDE

Learning styles

Qualifying Assumptions & Justification

Research Design, Analysis and Challenges

Samples and Sampling Procedures

Instrumentation

Procedures to Conduct the Study

Treatments

Data collection/collation

Data preparation and harmonic means

Data Mining Methodology

Concluding Remarks

44

44

45

46

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58

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PAPER 4 Data Mining Generation- Z Preference for Learning Style

Matthew Goldman Kimher Lim & Nordin A. Razak

Abstract

Introduction

Selection: OWRM Empirical Database

Processing: Data Conversion Procedure by Delphi

Transformation : Correlation and Ranking SVs

Cognitive: concept map, decision tree & knowledge retrieval

Affective: facilitation, seminar & workshop

Conative: career, personality & social functionalism

Social: internship, CPD & reporting

Mining : Analysing Motivation for Learning

Identifying Motivational Variables’ Performance

RANOVA with Paired T-test and Bayesian

Pareto distribution analysis of SVs

Gender comparison analysis

Interpretation/Evaluation

Convergences

Divergences

Consistencies

Observation of carryover-effects

Short Comings of the Study

Concluding Remarks

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69

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PAPER 5 How Generation-Z Wants to Learn

Matthew Goldman Kimher Lim

Abstract

Introduction

Concerning Graduates as Stakeholder

Process to determine motivational variables for FED pedagogy

New knowledge discovered about learning

Motivation for learning

Motivational variables order of importance

Decision-making for employability

Gender’s motivation to pedagogic delivery design

Learning styles

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Additional information from external sources

Concerning CPD as Industry Stakeholder

Professionalism and written communication

Instructional pedagogic design from structural functionalism

Concerning Higher Education as Stakeholder

Perspective of interns’ human capital value

FED education prospect in relations to MDP

Proposed MDP model

Combinatorial Summative Statement of the Research Finding

Theoretical and Practical Implication of the Study

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PAPER 6 Certification Paradigm of Johari Window Human Capital

Matthew Goldman Kimher Lim & Hazri Jamil

Abstract

Introduction

Johari Window Balance Sheet

Efficiency

Profitability

Solvency

Marketability

Decision Making Ability Enhances Human Capital

Variations of Learning Skills

SEE-I Paradigm

State: reasons for graduates’ certification

Elaborating: motivating graduates certification

Exemplifying FED competency

Illustrate: professionalization

Concluding Remarks

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136

136

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144

145

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ANNEXURE I: An Automotive Storyboard

Matthew Goldman Kimher Lim

Introduction

Assumptions

Macro Situation – Enter a Small Car Industry

Key Observations of Assembly Practice

Standard Operating Procedures

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152

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Rack Kanban triggers

Systematic parts replacement

Line control

Lot traveller and lot journal

Intelligent 11M database for Pseudo Parts Data Management

Micro Situation - Engineering Change

Pedagogic Reminders

Propositions

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ANNEXURE II: Cluster Research & Development Initiative

Author: Matthew Goldman Kimher Lim

Introduction

Assumptions

High Level Schema

Schema description

Selective explanation within sub-systems boundaries

Concluding Ideas for Technical Professionals

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161

161

161

166

166

References 167

LIST of TABLES & FIGURES

PAPER 1

Table 1 Summary of Survey Results

Figure 1 Random online surveys of GZ perception

Figure 2 The current Tri-Educational Program (TEP) schedule

PAPER 2

Table 1 Legends for Figure 2

Table 2 Four Levels and Best Practices in Industries

Table 3 FED Structured Concept Mapology Taxonomy

Figure 1 FED content epitome

Figure 2 Master concept map for system development based on

proposed revised taxonomy

PAPER 3

Table 1 Dimensions of Learning and Teaching Styles

Table 2 Sample Demography

Table 3 Computation Procedure for Pedagogy Index (IV) before

4

13

19

32

40

42

29

31

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conversion

Table 4 One-Way Repeated Measures Design Method

Table 5 Statement of Analysis Methods

Table 6 Research Questions for Research Objectives

Table 7 Challenges and Resolutions

Table 8 Interns’ Behavioural Dimension Items

Table 9 Interns’ Constructive Dimension Items

Table 10 CPD Dimension Items

Table 11 Procedures for RANOVA

Figure 1 Theoretical framework of the study

Figure 2 Datasets before and after conversion

Figure 3 System flowchart of the methodology

PAPER 4

Table 1 Database of Interns’ Harmonic Means (Hµ) Summaries

Table 2 Database of CPD Hµ Summaries

Table 3 Computed Pedagogy Index (IV) before conversion

Table 4 Re-categorized Database Summaries

Table 5 Worksheet for Computing Correlation of Rating &

Ranking between 1st & 3rd Recording ( Career SV is used

as example)

Table 6 SV Analysis: Concept Mapping, Decision Tree &

Knowledge Retrieval

Table 7 SV Analysis: Facilitation, Seminar, and Workshops

Table 8 SV Analysis: Career, Personality & Structural

Functionalism

Table 9 SV Analysis: Internship, CPD Companies & WIDE

Table 10 Matric worksheets for RANOVA

Table 11 Matric Result of Paired T-test and Descriptive Stats

Table 12 RANOVA Information

Table 13 Comparative Pedagogy Index Before and After Conversion

Table 14 Summaries of Sub Variables’ Rating & Ranking

Correlations

Table 15 Comparative Ranking of Importance by Interns and by CPD

Table 16 Permutation of Pedagogy Index

Table 17 Statement of Variables’ Top 20% Rank after 1st and 3rd

Recording

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45

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Table 18 Corresponding Table Reference to Statement of Findings

Figure 1 SV Analysis: concept mapping, decision tree, &

knowledge retrieval

Figure 2 SV Analysis: facilitation, seminars and workshops

Figure 3 SV Analysis: career, personality & structural functionalism

Figure 4 SV Analysis: internship, CPD companies and WIDE

Figure 5 Side-by-side comparisons of pedagogy growth by Pareto

distribution

PAPER 5

Table 1 Extracts of CPD Companies & Reporting SV Ranking

Analysis 1s & 3rd recording

Table 2 How Young People Prefer to Learn

Table 3 Extracts from Facilitation SV Analysis after 1st & 3rd Recording

Table 4 Combined Summaries of Research Objectives, Questions,

and Findings & Discussion

Table 5 Extracted Comparative Pedagogy Index after and before

Delphi

Figure 1 Primary keywords inter-relationships

Figure 2 High-level schematic Market Driven Pedagogy Model

PAPER 6

Table 1 Financial Balance sheet (FBS)

Table 2 Johari Window Balance Sheet (JBS)

Table 3 Consolidation of Most Variables

ANNEXURE I

Table 1 Lot Traveller Summary

Figure 1 Macro schema of automotive economics industry

feasibility

Figure 2 Level-2 financial economics factors affecting BEEE

Figure 3 SOP summary procedure in a pseudo PDM

Figure 4. Pull effect using rack kanban trigger

Figure 5. Result of wastages

Figure 6 Example of a part engineering change

Figure 7 Bird’s eye view of a car manufacture / assembly

ANNEXURE II

Table 1 Cross Reference of Information Location

Table 2 Legends for Figure 1 to Figure 6

107

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96

113

123

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131

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140

157

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Table 3 Selective Explanation within Sub-system

Figure 1 High-level schematic FED system design and development

Figure 2 Master concept map for system development based on revised

taxonomy

Figure 3 11M dataflow

Figure 4 Level-0 process flow for development of integrative worksheets

interfaces

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162

162

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165

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LIST OF ACRONYMS

ACCA Association of Chartered Certified Accountants

BEEE Break Even Economics Equilibrium

CAI/CAL Computer Assisted Instruction / Computer Assisted Learning

CI Catalyst Initiative

CKD Complete Knocked Down

CPD Continuous Professional Development

CRM Corporate Relationship Management

DIAD Data Immediate Access Diagrams

DQC Deming Quality Circle

DV Dependent Variable

ERGS Exploratory Research Grant Scheme

FE Financial Economics

FED Financial Economics Decisions

FEI Financial Economics Institute

FFA Force Field Analysis

FIS Formal Instructional Support

GDP Gross Domestic Product

GZ Generation Z

HE Higher Education

HIPO Hierarchy of Input Process Output

HKPU Hong Kong Polytechnic University

HPCI Hewlett-Packard Catalyst Initiative

ICAEW Institute of Chartered Accountants England and Wales

IFC International Finance Corporation

IRR Internal Rate of Returns

IV Independent Variable

JIT Just In Time

MDP Market Driven Pedagogy

OWRM One Way Repeated Measures

PDCA Plan-Do-Check-Action

PDM Parts Data Management

PI Pedagogy Index

PRC Peoples’ Republic of China

QCF7 Quality Credit Framework Level 7 (equivalent to master degree)

RAID ‘Reflect, Act, Impact, Declare’, RAID’ approach

RANOVA Repeated Measures Analysis Of Variance

RO Research Objective

ROI/ROE Returns On Investment / Returns On Equity

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RQ Research Question

SCM Supply Chain Management

SOP Standard Operating Procedure

SSADM Structured System Analysis & Design Methodology

STEM Science Technology Engineering Mathematics

SV Sub Variable

TEP Tri Educational Program

WACC Weighted Average Cost of Capital

WHW What How When

WI Work Instruction

WIDE Work Integrated Dissertation Effort

WIP Work In Progress

WTO World Trade Organization

WU Warwick University

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PAPER 1

Enhancing Graduates’ Employability with Market Driven Pedagogy of Financial

Economic Decision Making Skills

Authors: Matthew Goldman Kimher Lim and Hazri Jamil

Adapted from International Journal of Innovation, Management and Technology 3(3), 136-145

Abstract— the meaning of market driven discussed to set a background of employability.

Global issues and resolution of youth’s unemployment identified, that to enhance specific

graduates’ employment prospect, this paper suggest better integration between tertiary

education and industry’s requirement. With more effective interlinks with a scalable TEP,

selective prior basic knowledge with a closely monitored CPD and WIDE, might formulate the

FED pedagogy. The pedagogic aim was to develop graduates with constructive FED skills

abilities to address three high value questions in this fast informative era that treats money as a

tradable resource commodity for increased ROI. This is to be made upon optimized risks within

reliable high value information and within options having known the opportunities presented,

the money quantum needed and the expected time for ROI and ROE.

Introduction

To enhance specific graduates’ employment prospect, this paper argued that integration

between tertiary education and industry’s requirement might be more effectively interlinked

with a MDP that consist of a scalable TEP approach; has CPD and WIDE as unison of knowing

with doing (Orlich et al., 2009). TEP’s objective was aimed at consolidating selective prior

knowledge by developing interns with FED skills that market wants (Mourahed, Farrell, &

Barton, 2012, p.18). The section on issues discussed set a background of employability

highlights along with global issues in youth’s unemployment and as resolutions in few

countries. Using the TEP configuration to coin the MPD cconcept, MPD sets a background of

employability by identifying global issues in youth’s unemployment and resolutions.

Within TEP, the case instructional engagement method for theoretical practices and

higher level thinking development with the flow concept and expected value tree knowledge

mapping techniques (Derbentseva et al., 2006; Arun, 2006) relevant for practicing FED. This

might formulate an aim to develop constructive decision making in FED students. Within TEP,

the purpose of both concept and knowledge mapping techniques were to develop specific

overarching aim of FED capabilities of ‘WHAT’ have been identified as market driven

opportunity, ‘How’ have measures and tracking returns on equity performed, and ‘WHEN’

have money plan realised. Accordingly, interns with analytical skills were demanded by the

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employment market. Therefore, capability in the three high value proposition dimensions of

‘WHAT-HOW-WHEN’ referred to incapacitating interns’ ability to participate in deriving

optimum returns within reliable high value information and risk diversification options. With

the aim to incapacitate interns’ analytical skills to meet employment market’s demand,

therefore a MDP for FED as one route by HE to serve industry. Instructive pedagogic

strategies then might be in accordance to the instructor’s own philosophical beliefs of

instruction governed by learners’ background, knowledge and experience, situation, and

environment in addition to learning outcome. Therefore, in this context, the learning outcome

from TEP might be FED ability that offer combinatorial instructional methods to 1) consolidate

prior leaning, 2) practice theories and 3) relate theories to practice.

The purpose of developing FED skills with TEP which has CPD and WIDE, was to

capacitate ability to participate in deriving the best possible ROI/ROE through a revised

taxonomy that apply purposive concept maps and workflow retrieval techniques. Expanding on

Merton’s (1997) Nobel Lecture and Sharpe (2011), FED in the context of this paper, money

became a resource commodity to trade for higher expected future money value that meets ROE

within acceptable informed risk level. The higher the desire expected future money, the greater

might be the risks to manage by eliminating uncertainties through reliable and confirmable

good value information. Along this elimination process, one identified options available to

hedge against uncertain risk by diversifying money resources on hand to different asset classes,

projects or products that have more definite certainties that meet one’s desired expected future

money value.

General Background

A study by Ng et al., (2011), suggested that a market-driven education system have to produce

work-ready graduates who must possess attributes that industries demanded; decision-making

skills were among companies’ top five expectations (Hairi et al., 2011). Graduates are taught

subjects that required them to reflect how to apply their prior learning to bridge the missing link

that might enhance their employability (Johnson, 2012). Hartley (2003) commented that new

economy needed new pedagogical response, failing which youth’s capital might depreciate.

Hartley’s response appeared to have met the U.K. government’s call in necessitating a revamp

of its education policies for the 21st century (King's College London & Warwick Universities,

2010) to address the needs not just in the UK but those who have traditionally looked to the

U.K. for advance education. Also, few universities’ bureaucratic process have made things

happened on their own just like Warwick University (WU), Hong Kong Polytechnic University

(HKPU) and perhaps more in the U.K. and elsewhere including Asia and Arab nations. On the

contrary, mismatches between universities graduates and industries demand for appropriate

skills continued (Jackson, 2009) as resolutions have remained placid. With collaborative

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dialogues between industries and universities, transactional differences might narrow the

mismatched gap had universities listen to what industries’ required (Park & Kim, 2003) to

develop pedagogy that leveraged on advancing youth’s best years into functional graduates for

industries.

Additionally, a study (Mohamad et al., 2009) had shown Malaysian technical colleges

graduates unemployment had faced similar predicaments of mismatched curriculum between

what industries wanted from graduates and the training, which graduates have received from

their HE besides learning about developing professionalism and communication capability. A

gap analysis survey demonstrated that “Malaysian graduate employees’ work skills have wide

gaps in ‘Decision-making’ among others and that these skills were vital in improving

employers’ outlook on the graduate employees’ skills and quality, and ultimately, graduates’

marketability (Agus et al., 2011).

For these findings, transactional analysis as in Company Relationship Management

(CRM) required universities to dialogue with industries for developing effective pedagogy that

might be more efficient to produce functional graduates during youths’ best years. The

background further explained the importance of findings from a preliminary study because it

represented the continuous emphasis by industries on two instructional methods: workflow and

cause-effect thinking that have seen improvement in interns and reflected what market wanted.

As a result, the background had progressed into this study of a MDP for FED.

Specific CRM Background

Regular CRM consultation transactions with CPD partner companies suggested that trainability

is the one single most important key factor, which companies considered when deciding to

absorb interns into regular employment (Gilber, 1998; Lim et al. 2011). The survey restricted

discussions with companies to just two key questions. The first was how soon companies

regarded an intern's understanding of business finance budgetary planning process because an

acumen for money management like cash flow demonstrate a good feel of understanding

fundamental risks concepts. The second was how soon an intern might demonstrate

understanding of basic business economics as that represent interns’ ability to sense micro

economy’s direction.

A regular interview survey of 205 companies over 27 months from March 2008 by a

CPD office depicted in Table 1, showed an eventual view of interns’ employability, which

resulted from a progressive enrichment of existing pedagogy by redefining it with instructional

strategies that might meet market’s expectation of interns’ critical thinking abilities. Over that

period, pedagogy embraced enhancement through computer-assisted learning for full

engagement with consecutively linking of five tertiary course modules to make a complete

whole. Hence, that study was responsiveness to market needs for employable graduates.

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Each of the nine assessment periods in Table 1 was for 3 months for 205 different

interns. Companies were requested to score the importance they place on an intern’s reasoning

ability in associating cause-effect and work flow, both being key reasons for determining

employability. Different interns limited the study during each period. The survey took

companies’ advice to enhance employability with improvement in teaching method and

enriching course modules to achieve learning of specific financial economics fundamental for

responsive decision-making. Evaluation of effectiveness in the survey was assessed by sighting

reduced time in Issue-1 and Issue-2 in Table 1 which respectively displayed the average

duration (in weeks) an intern was able to fluently discuss business budgetary process and

economics related to the company’s products.

Table 1 Summary of Survey Results

Reporting year 2008 2009 2010

Quarter of the year 3 4 1 2 3 4 1 2 3 4

Number of CPD Companies 12 26 20 35 0 32 35 20 13 12

Issue-1: Average week per quarter

for intern to discuss budgetary

process fluently

10.92 11.00 10.85 10.03 0 9.44 8.48 8.55 7.54 7.08

Issue-2: Average week per quarter

for intern to discuss economics

related to company/product

10.67 11.23 10.70 10.14 0 9.59 9.40 8.95 8.08 8.08

Number of companies per week

suggesting to improve on work flow

teaching

4.33 4.38 4.50 4.43 0 4.56 4.54 4.35 4.62 4.42

Number of companies per week

suggesting to improve cause-effect

teaching

4.33 4.62 4.55 4.34 0 4.44 4.46 4.35 4.31 4.42

The findings in Table 1 showed a progressive time reduction of interns’ ability to discuss

fluently about business budgetary process from 10.92 weeks to 7.08 weeks. Over the observed

period from March 2008 to December 2010 intern’s fluency to discuss companies’ related

products have also improved with reduced average time from 10.67 weeks to 8.08 (Lim et al.,

2011). The findings showed that graduates’ employability had skewed positively towards a

market-driven pedagogy that preferred self-directing employees quick in harnessing causal

effect and workflow thinking skills. This demonstrated interns’ effectiveness in

conceptualization risk-aversion decision making because feedbacks from industries suggested

interns be trained through an engagement delivery method that had emphasized critical thinking

skill through continuous reminder of cause-effect and workflow in their training.

The findings in Table 1 also suggested that due to progressive enrichment of course

modules and delivery method from listening to companies’ advices to intensify usage of cause-

effect and work-flow teaching method with concept mapping techniques technicques to

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reinforce learning capacity had obviously improved knowledge retention ability and speed in

recalling knowledge into practice (Novak & Canas, 2006; Casner-Lotto & Barrington, 2006).

The logic in capacitating development of meaning was interlinked by diagrams, concepts and

promptings became critical thinking routine, which was ranked among the top five

requirements by industries of university graduates (Areeda, 1996). As a result, employers’

satisfaction of interns’ productivity improved with each later batch of interns. The overall

improvement was a result of listening to industries’ advices to engage the two delivery methods

in producing learning; cause-effect and work flow.

From the survey made in 2008, the link to this study was to continue with pedagogy that

was responsive to market’s needs as that was the key for enhancing graduates’ employability

because industries preferred employing those interns. Pedagogy therefore had embraced

enhancement through computer assisted learning for full engagement with consecutively

linking of five tertiary course modules to make a complete whole. The pedagogic process in

that survey was to continue into this study to carry on with regular transactional CRM on

consultation with CPD partner companies (Willard, 2004). The reason was because the survey

had advised that trainability as the one single most important key factor which companies

considered when deciding to absorb interns into regular employment (Black, 2011). During

CRM, the survey had considered companies’ advice to enhance employability with

improvement in instructional method and enriching course modules to achieve FED

fundamentals for responsive decision-making.

Issues Relating to Education for Employability

The issues relating to mismatched pedagogy, curriculum relevancy, impending human capital

shortage, demand for MDP, GZ’s view in learning, partial resolutions and pedagogy research

gaps. These issues were elaborated as follows:

Mismatched pedagogy

The background of the preliminary study was very important to this paper as continuous

emphasis by industries on work flow and cause-effect method of delivering training have seen

improvement in interns. As a result, these two delivery methods driven from market

requirement extended into this paper as they indicated industries’ needs for tertiary education

pedagogy that must collaborate with industry. The difference between university and

professional programs might be practice relevancy. Students enroll to graduate and practice

and not to teach or train as teaching professional practices requires years of prior professional

experience.

The other reason being no university teaches how to teach financial economics or the

likes of it might be insufficient people wanting such pedagogy as learning outcomes would be

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for professional practices (Firestone). Nonetheless, there would be relevant journals that invite

sharing from best practices and the same goes to most professional courses. “Malaysia needs

an education system that is market-driven in order to produce work-ready graduates” according

to a study by Curtin University (Ng et al., 2011) meaning graduates must possess attributes

demanded by industries of which decision making and problem solving skills were among the

top five expectations by companies (Hairi et al., 2011). Graduates are taught subjects that

required them to reflect how to apply what critical thinking had taught as that would be the

missing link to enhance employability (Becker, 1964) and for decades, critical thinking had

stayed among top requirement by industries.

New national educational issues in China have found grounds for greater debate for

education reformation to address necessary sociological changes to traditional Chinese learning

culture, the latest being to transform from student to teacher centered in the recent dialogue

about spirit of higher education (Yang, 2011). Interestingly that dialogue had not discussed

industry centric education that led Germany and Japan from the ruins of World War II to

become among today’s leading advancing industry providers of methods and technologies Even

smaller nations like Singapore propelled into first world status within thirty years with no

natural resources. Surely, their human capitals were responsible for their continuous drive for

better education instructional system to reach current national wealth according to the Father of

Economics, Adam Smith’s in “The Wealth of All Nation” (Butler-Bowdon, 2010; Arcidiacono

et al., 2010). Surely a nation’s ability to produce more effective graduates make one tertiary

education superior over another with graduates as proof that the products of an educational

system would be graduates capabilities to meet industries’ expectation which in turn enrich

their nations!

In “Education Strategy 2020” (World Bank Group, 2011), the re-emphasis on

education’s role in development economics from a system approach as its initial thrust for

market driven skill in Egypt (Kouesny & Juma, 2003) to integrate education into economies.

Implementing different pedagogy strategy by needs and capacity priorities were the World

Bank Group’s reasons for concerns in different eras and different regions. Whether its reactive

or pro-active planning, the mismatched gap between what university produced and what

industries needed can be estimated by time lag; the longer time taken to reconcile the gap

would confirm the degree of unpreparedness.

Hartley’s (2003) “New pedagogy for new economy had similar calling, to the world

back that unless pedagogy is responsive to new economy, education may depreciate human

capital potential and disservice youth’s investment for their future”. Harley’s response appeared

to have met “The King’s and Warwick Project” (King’s College & Warwick Univ., 2010). On

the contrary, the mismatch between universities graduates and industries demand for

appropriate skills continued, even with known on-going mismatching of graduates’ abilities and

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industries’ demand for appropriate skills, resolutions remained placid (Jackson, 2009). With

collaborative dialogues between industries and universities, transactional differences may

narrow the mismatched gap when universities listen to what industries’ require (Park & Kim,

2003) to construct pedagogies that leverage on youth’s best years to produce functional

graduates for industries. For that alone, transactional analysis as in CRM would be for

universities to listen to the market (Harris, 1967) i.e. industries, so that effective pedagogy

would produce functional graduates for industries instead of wasting their best youth years at

college. On this score, the U.K. government necessitated a revamp of its education policies for

the 21st century (King’s College & Warwick Univ., 2010) to address the needs not just in the

UK but also for many who have traditionally looked to the U.K. for advance education.

Meanwhile few universities’ bureaucratic process made things happened on their own just like

Warwick University and Hong Kong Polytechnic University (HKPU, 2011).

Deficient economies of scale

Generally secondary school students might be streamed from grade 7 to 12 in two or three

basics; science, arts or technology. Thereafter HE students choose from among the diversity of

majors offered in HEs. Diversity while good lacks economies of scale and therefore further

challenge training of specific instructors for specific majors for there might not be enough

students to justify the economics of having one set of pedagogy to produce one learning

outcome. Curriculum was wholesomely defined to include skills, knowledge, content,

sequence, attitude, instructional, evaluation and exchange (Dezure, 2012). These components

differentiated the forces that drive changes in graduates seeking employment. Employable

graduates require certification to authenticate a base value for their capability. In addition, the

difference between HE and professional programs is their relevance to practice. HEs teach

engineering or accountancy wherein students enrol to graduate and practice instead of to teach

or train because it takes years of professional experience to know how to teach professional

practices. Professional program instructors such as accountancy or medicine might be drawn

from certified practitioners. Due to diversified knowledge requirement, no single instructor

might be unable to instruct all modules in any professional program.

According to Hughes (2012), professional accountancy instructors’ training had always

been conducted by their associations in the UK and the US. While the PRC has the world’s

largest certified public accountant body within one country, the ACCA of UK has the largest

global spread memberships. Yet Hughes (2012) mentioned there was no accountancy trainer

program other than sharing of best practices. One possible rational of HEs not having trainer

program might be lack of economy of scale compare to K-12 education to address critical mass.

The other possible rational being accountants study accountancy to pass and then practice

instead of to teach. Teaching accountancy and finance had to come after years of post-

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qualifying practice and not by going for HEs. The same might be said of other licensable

professions.

Demands for FED skills

That IMF quoted China’s economy would surpass the US by 2016 (Song, 2011) added

challenges for increased offshore ventures (Williamson & Raman, 2011; Yang, 2010). China’s

outbound FDI increased from 2008 seems to have begun benefitting few (Zirpol & Becker,

2011) whereas China’s increased domestic consumption, higher cost of production and delivery

(Gang, 2010) and being nearer to buyers’ markets were likely reasons for SMEs to relocate to

more economical production regions, more so when the Yuan appreciated further. The reasons

for increased outbound FDI might expect quite similar to inbound FDI when the Yuan and

labor cost were both cheap. Imminently the immediate response would be a demand for local

graduates with relevant skill.

The Canton Fair statistics (Canton Fair, 2011) demonstrated the fair’s volume pulled

back. By Fibonacci flush back equation developed by Lim (2011), a possible increase of the

fair’s business volume might expect from May 2013. The projected increased would likely be

from increased foreign exhibitors at the fair. The fair statistics was about concluded business

volume, not just Chinese companies. Chang’s (2012) fundamental analysis that China would

collapse would remain to be seen as Chang’s had not discussed China’s GNP growth nor

considered China’s trade structure had shifted in recent years (Yermolai, 2012). Stepping up its

internationalized effort (Kloss & Sagar, 2011) would be akin to outbound FDI of US and Japan

during their globalization eras. That China might be a global economics leader soon made it

imminent for HE reform to match economic leadership. The escalation of demand for effective

human capital might be met by industry collaboration through CRM consultation on reckoning

that exploring a MDP of FED with a TEP that this paper aimed to overcome employment slack

in non-CPD based programs (Hartley, 2003).

On January 29, 2010, the Senate of Columbia Univ. (2010) endorsed a two years MSc

program in FE citing demand from career change and knowledge that an MBA in finance had

not offered. This decision from the upper tier of an Ivy League university was a significant

benchmark, as most if not all universities already have their MBA programs. Therefore, unless

there was demand for financial economics, Columbia University might not have established

one. It might be late to have the program offered at the post graduate level when degree

graduates were functional for industries as suggested by the Canadian experience in the next

section.

City University (2012) cited increase start-up career opportunities being the main

attraction of its three years Bachelor of Science (Hon) program in FE. Prior to 2010, there were

lesser opportunities for interns wanting a FE program and many might have opted for

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economics, accounting, finance and an MBA later. Hence, interns might transfer from these

related programs instead of starting all over. A one year Top-Up Degree in FED program might

benefit interns who alternate to the program with pre-defined previous learning such that

interns might graduate with almost similar performing knowledge of a BSc. in FE that was

different from FED. While the intention of FED was wholesome and generic, being a relatively

new program to the world, the caveat being that as a degree program and not a professional

program. The pre-requisite to benefit from mastering FED were business economics, business

finance, quantitative methods and accounting studies

Impending human capital shortage

According to HKPU’s Univ. survey (2011), “some 57.1% of interviewees from industry said

that the most worrisome aspect was the quality of human resources in the technology and

management field” would signify lag time in matching curriculum to imminent human capital

constraints. HKPU recognized these emerging needs of industries for new business skill and

amalgamated two degrees to form an undergraduate degree in engineering and business in

response to a study would show that the Pearl River Delta pans out into the lower region of

Guangdong province would witness a continuous rise of high technology manufacturing

activities. As manufacturing produced products that must meet markets’ expectation of quality

and affordability specification, the pedagogy for FED would be imminent for these industries to

stay relevant (Becker, 1994).

To emphasize the point, in late seventies, Lakehead University (1980) mentioned in one

of its faculty bulletin that a study by Canadian National estimated that some 50,000 MIS

graduates would be required over the next 10 years. At that time, MIS was offered as a MBA

major and the graduating rate of MIS was insufficient to meet forecasted demand, according to

Relch (1996). As a result, Lakehead University known for its undergraduate teaching was

chosen in 1980 to pioneer an undergraduate MIS transfer program. To produce its first batch of

graduates in 1981, few undergraduates from computer science and accounting were approved

transferred. Two students graduated from the new undergraduate MIS major in May 1981. If

this Canadian case were to serve as an exemplary foresight, it would indeed be a referenced

lesson to plan before the need for specific human capital becomes a challenging issue. The

Lakehead University experience suggested that the effort by Columbia University have been in

time to match industries requirement. City university of London had recently begun a full three

years degree curriculum (City, 2012).

Education for employment

In the midst of the current political turmoil surrounding Arab nations, a comprehensive report

(IFC, 20111) from Arab youths’ outcry for curriculum relevance to industries’ need reinforced

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Jackson’s (2009) study which emphasized similar mismatches and that the relevance of

education is measurable by their abilities to meet industries’ demand. The Arab world reported,

“Only one-third of the surveyed young people believed that their education prepared them

adequately for the job market, expressing strong doubts about the quality and relevance of their

programs” (McKinsey, 2011). Going beyond their oil wealth, Arab youth were pressing to

hedge their future through relevant education for their nation’s future prosperity depends on its

youth. What is more of nations without natural wealth?

China had pointed that direction as well (Yeung, 2011). Did conventional process take

too long for universities’ bureaucracy to effect responsive curriculum changes? This human

capital developed from necessity to survive job market competition knowing that companies

hire people for their existing capabilities (John, 2012) also confirmed than education for

employment is a generic youth desire spanning from China to Arab nations (Zhou, 2009).

Governments must ensure that youth have the right skills for the jobs being created. In

‘Creating a 21st Century Curriculum’ (King’s College & Warwick Univ., 2010) as opposed to

‘Are They Ready To Work’ (Casner-Lotto & Barrington, 2006), the former in the UK seems to

be responding to the latter in the US as to redesign outdated curriculum to better address global

changing needs. According to OECD employment outlook 2011, where unemployment had

risen, youth was among the hardest hit and prolong unemployment will depreciated their

overall value and self-esteem. OECD attributed the problem as structural arising from various

factors, one that is crucial is the imminent need to “reducing skills mismatch with greater

responsiveness of education systems to changing skill needs and a strengthening of educational

choice through, for example, better opportunities for vocational education and training” (John,

2012).

An important dimension of youths’ development is decision-making leadership and a

study had (Casner-Lotto & Barrington, 2006) highlighted an overwhelming majority of CEO

rated 81.8 per cent for leadership being “very important” for new entrants with a four-year

college diploma. The gap closing effort from a preliminary study result of Table 1 had resulted

in relatively successful module redevelopment after a series of iterative analysis and design to

achieve learning of only some FED for responsive decision-making (Lim et al., 2011). The

concerns of youth and few responsive governments from Arab nations, China, USA and UK are

pointing towards structural functionalism pedagogies capable of seamlessly integrating youth

into societal structural functionalism.

In their report, Symonds et al., (2011) investigated reasons for American education

system having failed its youth. In charting multiple pathways for school reform, the team

learned from vocational education system of Northern and Central Europe that expanded role

by industries into education reform had resulted in increased youth employment and discovery

of young talents. This was a startling divergence from the current American education system

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which registered 55% and 29% college completion rate respectively at four and two year

tertiary programs (Symonds et al., 2011, p. 11).

The issue of mismatched curriculum between the tertiary education and industry also

appeared in other countries. New national educational issues in PRC have found grounds for

greater debate for education reformation to address necessary sociological changes to

traditional Chinese learning culture, the latest being to transform from student to teacher

centred in the recent dialogue about spirit of higher education (Yang Rui, 2011). Interestingly

that dialogue did not discuss industry centric education that led Germany and Japan from the

ruins of World War II to become among today’s leading advancing industry providers of

methods and technologies. Surely a nation’s ability to produce more effective graduates make

one tertiary education superior over another with graduates as proof that the products of an

educational system were human resource capabilities to meet industries’ expectation which in

turn enrich their nations (Butler-Boudon, 2010).

Generation Z’s view in learning

There was no specific time interval to classify generations who have commenced their career or

about to do so. These generations ranged from post WWII to present post millennium born:

Baby Boomers, GX, GY and GZ. The difference in PRC from the rest of the world regarding its

GZ was due to several factors. Its one-child policy (Olesen, 2012) coincided with its 1978

economic reform. With ‘fewer men more share’, the math for per capital GDP rose gradually,

and then escalated to its status of world 2nd

largest economy. Thirdly, though the internet was

conceptualized in the 60s from packet-switching technology, it was only in the 1982 that the

internet begun its formal operation with standardized Internet Protocol Suite. Due to their tech

savvy abilities, GZ learners might strive (Associate Press, 2010)

These three factors began around early eighties. As GY became parents for GZ by the

new millennium. However, the PRC economy had expanded faster than plan as it was preparing

for WTO membership. People born in the 90s did not witness difficulties faced by their

predecessors. They were born into the internet revolution that had changed the way businesses

were conducted. By the time they reached their teenage, they have coincided with growth of e-

Commerce and e-Learning, which later advanced into social e-commerce and social e-learning.

Technologies have changed traditional ways of doing things from conducting business,

socializing and learning. The impact to PRC which set it apart from the rest of the world were

the confluence of these three factors just as first born of post-90s entered HE in 2008 and were

set to graduate earliest by 2012.

The purposive samples for this study were GZ. They belonged to those born in the post-

90s especially in the new millennium for most countries. They were born completely within the

take-off of mass technology, social networking included. Some of this generation had missed

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the pre-affluent period (e.g. PRC of the late eighties and had enjoyed only the boom). They

have been known to begin coming into the work force. Being born into technology, have they

been motivated in learning? Pedagogy might have shaped them or perhaps shaped by them. As

pedagogy represented a larger picture of almost everything concerning learning, education

technology included, therefore challenging the MDP element of FED. Perhaps experiential

learning might have redefined this generation’s demographic profile indicated in Figure 1

(Askform, 2012; Dolan, 2010).

Jones (2012), recommended a fresh approach in handling the first graduating cohort of 7

million in PRC because they were differently motivated than their predecessors. This might

avoid workplace generation gap differences and avoid motivating them to move on as had

happened in work places of GX and GY. Jones (2012) suggested focusing on understanding

means of communication with this generation to motivate them from job hoping. Retaining

employees from this generation was therefore more important than retaining customers because

when employees’ workplace social network did not meet their expectation for information

exchange, their moving-on might also have risked revenue implying that clients might also

move on with them

A study by Carosa (2005), suggested GZ had placed greater emphasis on a balance

lifestyle in defining work and career. In that same interview on Sydney Morning Herald,

McCrindle (2012) commented that GY was spoilt. What is more then with a GZ? In his

discussion of how GZ might revolutionize education, suggest that the increase of home

schooling might create a workforce that had more self-directed at advancing entrepreneurship

without getting into a full-fledged business (Trunk, 2011). In between home schooling and

entrepreneurship, skipping classes have been expected in their process of reducing schooling to

get into on-the-job learning that made social e-Learning possible. Social e-Business therefore

had freed time for a more balanced lifestyle (Trunk, 2011). The issue about GZ way of learning

seemed to be still in the process of identifying a suitable learning style had agreed with PRC’s

single-child policy that also might have more values that are liberal. While a FE related career

might have more scope in financial cities such as New York, London, Shanghai, Frankfurt,

Tokyo and Dubai. The pedagogy challenge for GZ seemed to have just begun compare to other

matured financial center that became affluent sooner than other financial cities whose human

capitals have more time to develop their financial industry.

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Part-a:: things of goals important to them

Part-b: important qualities to achieve their goals.

Figure 1 Random online surveys of GZ perception

Pedagogy research gaps

Agrawal (2010, p.1) reported that emerging new FE knowledge after each major global

economic event, have given rise to new economics and financing opportunities at increasing

speed from advances in instructional pedagogy. He mentioned that Blinder (2013, 2012)

prospected new risk topics to his curriculum relating to asset bubbles saying that students have

limited time in addition to being new to their field of studies. Hartley (2003) also concurred the

direction that new economy need new pedagogy. Therefore, updating of curriculum with

effective FIS might commensurate with available technology to position students better for the

job market. This augmented well for imminent upgrading of pedagogy to reflect relative

changes in structural economic that even previous studies by HKPU (2011) had at best

managed to offer pockets of focused resolution as discussed in later section. As a result, the

gaps in mismatching pedagogy to industry had led to impending human shortages and

employment imbalance that were shown respectively in previous sections. This gap had

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continued to widen due to the time lag factor in providing timely resolution and had therefore

increased opportunities to narrowing the pedagogy research gap.

Mok and McCartney (2012, p. 13) found that pedagogy for most effective learning and

development practices varied by market among six Asian nations: PRC, Hong Kong, Taiwan,

Malaysia, Singapore and South Korea. PRC registered 41% response as prime popularity for

action learning whereas Hong Kong had 38% as top preference for coaching by external

practitioners. Malaysia and Singapore have quite close definitions: 37% as top favorites for in-

house development programs and 34% as top preferences for coaching by line managers (Mok

& McCartney, 2012, p. 13). Identifying what these countries did to meet their needs certainly

questioned the research direction for the best pedagogic fit in each country.

This study did not provide a comprehensive solution to ‘save the world’ of

unemployment among young adults. Specifically this study explored pre-emptive university

graduates employability for undergraduate students in programs related to graduate studies in

FED as an alternative to an undergraduate degree in FED mentioned in the ‘point of entry’

section to fill opportunities mentioned in the ‘Impending human capital shortage’. By seizing

the research opportunities present to narrow the pedagogy research gap with a framework of a

FED program, students who alternated to the FED program stood to develop their pre-exist

knowledge to constructively for developing their ability to retain and retrieve knowledge within

their CPD practices; enhancing their employability and social functionalism as a result. The

effectiveness of this MDP therefore was the independent variable of this study, measurable by

the construct of a pedagogy index. A higher index represents increase effectiveness whereas a

lower index represents less effectiveness.

Some Resolutions in Employability

The U.K. government necessitated a revamp of its education policies for the 21st century to

address the needs not just in the UK but for many who have traditionally looked to the U.K. for

advance education (King’s College & Warwick Univ., 2010). Meanwhile, this exemplary

initiative might have motivate other universities throughout the world to pursue similar

initiatives to avoid issues discussed in the following sections and in doing so narrow the gap of

pedagogy mismatch between what HEs’ produce and what industries’ need.

Darch (1995) had mention co-op programs as an option to sustain youth’s employment

prospect is a possible alternative to transit youth from class to workplace and in so doing,

sustain their knowledge’s value. The non-government instrumented findings initiated by Hong

Kong Poly Univ. (2010) for WIDE and new curriculum development with Warwick Univ., as

one that seemed most timely matched to the changes in employment economics to meet market

demand. HKPU’s (2010) idea of WIDE had seamless integration of graduates into industries’

skill gaps.

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Two OECD reports suggested incorporating vocational education training to increase

youth's employability (Field et al., 2009; Sonnet et al., 2010). One of the effects of Germany’s

reunification was to reconcile previous education system with a dual educational system that

would combine both practical work and theories at three levels of graduates from age 16 to 19

(Petrosky, 1996) that saw the progress of Germany being the firmest economy among EU

members (Tremblay & Le-Bot, 2003). While acknowledging success of the two OECD reports

and Germany/Austria dual-educational system, the continuation of US classroom-based

pedagogy would at best produce negligible gains according to a study by the Harvard School of

Graduate Education (2011) which advocated a three-point development strategy to rescue

America’s education system that had failed its youth. These three-points are; a broader vision

of school reform with multiple pathways from high school onwards with expanded role for

employers to collaborate new pathways. New social compact between society and youth

Education, being the one powerful finding keyword by OECD and Harvard School of Graduate

Education (2011) was ‘engagement’ with employers and industry meaning listen to the market,

for it was accountable to bring in the GDP number. This analysis was suggested by

transactional analysis of CRM in the earlier part of this paper.

Professional programs have their CPD that operated quite like Germany/Austria dual

educational system with varying due diligence in regulating their individual CPD compliance.

Wecker (2011) in ’10 National Universities Producing the Most Interns’ found that the current

practice of internship was to supplement students’ coursework which Black (2011) affirmed

that students with internship experience would be preferred for employment. (KPMG, 2011).

To overcome skill shortages, some universities required some of their non-business graduates

to take a short course in entrepreneurship together with internship before they graduate (Ooi et

al., 2011). However there remained insufficient effort to sustain intensity when tertiary

institutions needed to maintain a time consuming CRM with industries to interlink with CPD

development. CRM in the form of one-to-one dialogues, forums and continuous survey of skill

requirements keeps industries inform of the demand and supply lag time.

A Scalable Tri-Educational Program with CPD and WIDE

From a different angle, a case for a scalable TEP might enhance the dual education system with

a WIDE (Walstra et al., 2012). By being scalable, it allows for different values, in and beyond

different societies to adjust the intensity of each of the three systems within the program. The

difference between internship, co-op program, dual educational system of Germany/Austria,

ICAEW’s CPD system and a scalable tri-educational system would be the three systems

concurrent operation, which inter-links WIDE, CPD and constructive training. A work based

dissertation would connect theories to CPD practice whereas the training would provide the

methods and concepts to consolidate pre-exist knowledge. Just as in the CPD of professional

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programs, which resulted in almost full employability rate because students’ CPD seamlessly

integrate into their careers, therefore the tri-educational system, would have s similar objective

(Mehrotra, 2011).

To enhance employability, selective HE programs that operate without CPD would adapt

few sources into a localized practice in the tri-educational system that would adapt CPD

practices from an accountancy body, work integration from Germany/Austria dual education

system and WIDE which would require a work based dissertation to condition theoretical

understanding.

In this scalable TEP, all three systems might operate concurrently to form a complete

pedagogy for all three systems to interlink one another. In doing so, that might achieve a

comprehensive consolidation of prior learning with FED content, WIDE and CPD with an aim

to solidify total worthiness of specific senior students in the program as another mean to further

narrow unemployment and to enhance career advancement. The scalable element suggest that

some degree of flexibility that industries would accept e.g. between 12 to 15 months inclusive

of CPD practices to consolidate learning.

Unlike professional programs like medical, law, accountancy and some engineering

whose professional bodies bridge their career with a watchful CPD. Liberal arts programs such

as finance do not have CPD arrangement. This missing link to consolidate graduates pre-exist

knowledge with practices contributes to graduates’ lack of knowledge/skill of decision making

among students in economics, finance and quantitative methods at tertiary level. From previous

sections, the call for market-driven pedagogy is boldly emphasized for responsive employment

economics that befits youth’s desire to sustain their self-worth rather than permeate frustration

through social e-commerce. While far-fetched pro-active strategies are needed to further narrow

unemployment and keep it sustainable. Sustaining values of learning and career prospects with

eliminators of youth’s predicaments of rights to jobs, sustaining knowledge worthiness and

shoring human capital shortage with specific pedagogy for FED with decision making

governance that encompasses a localizable best practice CPD within WIDE might be that

important interlink phase not mentioned by the said issues and resolutions. This missing link

might be the consolidation phase.

CPD might be a mandatory pedagogy requirement in any professional program to bridge

senior year student into the industrial world. In contrast with internship and co-op program, the

CPD process might involve tracking professional practices and mandatory workshops directly

related to the practices updates example tax reform, legislation in accounting reporting and new

accounting standards. The problem of lack of knowledge/skill of decision making among

students in economics, finance and quantitative methods at tertiary level would be the missing

link to consolidate pre-exist knowledge with practices. Without this link, knowledge might

depreciate.

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While curriculum configures knowledge development process like an assembly processes

where each part logically connects to another to make a whole, there was no mentioned of how

these cumulated knowledge would be tested on actual practices although case teaching would

be the closest critical thinking next to reality, bridge theories with the real world (Herried,

2004; Milne & McConnel, 2001). By Deming’s (1986) ‘Plan, Do, Check, Act’, definition, case

based pedagogy stops before the ‘Act’ stage. Practicing knowledge through CPD not only

connects theories with practice, it would also directly engage graduates into their careers.

A CPD within a WIDE would complete the PDCA cycle as a low risk approach for a

specific pedagogy in those said resolutions of apprenticing, valuing multi-pathway, curriculum

revision and transfer programs. The argument here suggested that curriculum relevancy would

be a symptom of slacks in decision-making knowledge skill among seniors in economics and

finance. Curriculum would become a problem identity only when industry rejects the graduates.

Unless there have been CRM between universities and industries, curriculum relevancy might

not be ascertainable, again confirming that market driven element for a pedagogy construct

might be more effectively organized into universities core curriculum, where FED Skills might

expound positive impacts.

The call for MDP might boldly emphasize for responsive employment economics that

befits youth’s desire to sustain their self-worth rather than permeate frustration through social

e-commerce. While far-fetched pro-active strategies might be needed to further narrow

unemployment, sustaining values of learning and career prospects with eliminators of youth’s

predicaments of rights to jobs, sustain knowledge worthiness and shoring human capital

shortage with specific pedagogy for FED Skills. Inclusive decision-making governance might

encompass a localizable best practice CPD within WIDE might be that important interlink

phase not mentioned by the said issues and resolutions. This missing link is the consolidation

phase at CPD.

ICAEW’s (2012) RAID model might require members to declare statement of

compliance. Members might self-supervise journalizing their practices that declare CPD time

and wrongful declaration might result in those validated period nullified. The ICAEW’s (2012)

CPD might have both constructivism element of continuous evaluation with punitive behavioral

element to enable self-supervision. Hardly is there an accountant without a job because the

CPD element might have already link the graduate although there might be little extrinsic in the

start-up stage of the career, therefore for the issues related to the problem statement, the CPD

pathway might be a proven linkage to employment for any professional programs.

Unemployment arise when students undertake programs that might be not demand driven and

hence they might become mismatch to society’s structural function e.g. a degree in fine arts

majoring in sculpture or portrait painting.

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Point of Entry into FED

It was usual that the preferred entry requirement to a graduate program in FE as a basic degree

in economics. The reason being FED, defined as tradable money resource for increased returns

on equity within optimized risks from reliable high value information and diversification

options was to be responding by the ‘WHW ‘dimension. Improved employment prospects for

finance and economics graduates were necessary to progress them earlier to higher value C and

D level positions. Due to enhance corporate governance, henceforth the market-driven

pedagogy of FED had operationalized the essential skills from a composite of pre-exist

knowledge in finance, economics and quantitative methods that qualify a senior tertiary student

into a FED program. With intense job market competition, students might be imminently driven

to seek advance skills and FED as a motivation option to demonstrate ability that translates

opportunities into higher value decisions (Vitaro, 2004). Therefore, efficient and effective

practice of FED was for realization of higher value human capital and increased of awareness

in corporate governance (Financial Reporting Council, 2011). C and D level prospects might

have elected to forgo post graduate FE knowledge in lieu of industrial experience.

Hughes (2011) mentioned that ‘Command Words and Assessment’ had offered an

understanding of the comparative ability that represents FED ability. A basic degree in

economics might be the preferred entry requirement to these programs. From a different

dimension, the discussion and argument so far illustrated a case for a scalable tri-educational

program (TEP) depicted in Figure 2 was adapted from Germany and Austria dual education

systems (Tremblay & Le Bot, 2003). The TEP matrix required interns to work part-time in

relevant CPD and perform a WIDE after FIS. The design was to inter-link WIDE, CPD and

formal classroom learning. The WIDE component connects theories to CPD practice whereas

the learning provides the methods and concepts to consolidate pre-exist knowledge. By

seamlessly integrating theories to practices, the opportunity of employability might be

enhanced. The scalability depicted in Figure 2 allowed for adjustment in each of the three

components within the program.

FED being a tradable money resource for increased ROE within optimized risks from

reliable high value information and diversification options might response to three high value

questions: what might be the known opportunities presented, what money quantum might be

needed and when might be the time expected of ROI. Decision-making skills are needed to

improve graduates employment prospects and to and progress earlier to higher value C (Chief)

and D (Director) positions of corporate governance. MDP for FED essential skills from a

composite of pre-exist knowledge in finance, economics and quantitative methods might

position students for that.

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Formal Instructional Support (FIS)

Continuous Professional Development (CPD)

Work Integrated Dissertation Effort (WIDE)

Sept ‘12 May ‘13 July Nov ‘13

Arrows indicate application of knowledge to practice from one program to another and reflection

thereafter.

Figure.2 The current Tri-Educational Program (TEP) schedule

An indication among senior professional accountancy/finance students who transferred to

a program that offered CPD within WIDE is a key driver to explore changes in youths’

decision. This was seen in >70% of selective students interviewed who have decided to

advance to a transfer program that is FED bias because of the pedagogy aspects which focus on

consolidating pre-exist knowledge through a WIDE program during which the college and its

CPD center jointly monitor students’ CPD progress (Lim et al., 2011). These students were

among >70% interviewees in favor of WIDE program were significant to conclude that not

everyone who studied accountancy had desire to practice accountancy just as in the eighties

when Lakehead University presented the MIS transfer program opportunity.

Variables expected in this paper might be abilities of students, FED skills content, WIDE

and CPD companies’ assessment. The FED skills contents might include several items that as

compositely might be responsible to consolidate prior learning. These items might involve

methods, procedure, concepts and motivators for teaching, learning, retaining and recalling

knowledge. The framework might find support in best practices in CPD, work based

dissertation, and the constructivism aspects of methods and procedures that enhances

knowledge retention and retrieval. CPD might become one of the pedagogy enabler and a link

between industry and universities through continuous CRM to narrow the unemployment gap,

promote structural functionalism, enable motivational influences that cause pedagogy’s

relevancy to meet the needs of those who employ and those who want to get employed (Gilbert,

1998). In order to identify theories related practice, the two main independent variables of

behaviorism and constructivism aspects of learning and training, the types of motivation factors

link through intrinsic and extrinsic influences can measure within defined delimiters

(Alexandar, Ryan & Deci, 2000).

Concluding Remarks

With emerging new financial economics knowledge from global events giving rise to new

economics and financing opportunities at increasing speed of advancing delivery mechanism,

augment well for imminent pedagogies upgrading as is relative to changes in structural

economic that even previous studies such as by HKPU might at best managed to offer pockets

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of focused. As a result the gaps in ‘pedagogy mismatch industry’, impending human shortages

and employment imbalance showed might continue to widen due to the time lag factor in

providing timely resolution and this had expand research opportunities to help narrow this gap.

This paper might not provide a comprehensive solution to ‘save the world’. It might

explore pre-emptive university graduates employability by seizing research opportunities

present to narrow the problem gap with a framework of a tri-educational system in FED.

Students in finance and economics develop their cognitive approaches to receive, filter the

overloaded information and consolidate selective ones in more constructively retainable and

faster retrieval manner. In doing so, they shorten their thinking process in competitive decision

making in financial economics within their CPD practices. As a result, this enhances their

employability. The significances of this paper’s exploratory finding might raise human capital

value by being another source to narrow the employment gap between what industry wants and

what universities might not meet.

Beginning with the end in sight, this pedagogy driven by market needs for graduates with

decision making ability is constructed to assist seniors to consolidate their pre-exist knowledge

content in business economics, finance and quantitative methods. Together with CPD and

WIDE, it enriches graduates abilities in making decisions to achieve higher employability

considering that China’s graduate unemployment is on the rise (Zhou, 2009; Zhang & Wang,

2009).

A compressed concurrent tri-educational system offers integration for senior students

into their career start up can immediate raise human capital value and narrow the employment

gap between what industry wants and what universities might not meet. Improve possibilities of

potential C and D level earlier as well as entrepreneurship due to less effort needed to discover

learning by longer route hard way and be better prepared to seize entrepreneurship

opportunities when they arise (Chew, 2011; Francoise et al., 2000). Provide a pedagogic

reference for universities to adapt by conducting seminars and training clinics to share

knowledge and practices. Enlarge and enrich a renewed definition of pedagogy by

disseminating its knowledge, experiences and practices through appropriate literatures.

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PAPER 2

Taxonomy of Financial Economics Decisions – A Revision Initiative

Authors: Matthew Goldman Kimher Lim and Hazri Jamil

Adapted from International Journal of Innovation, Management and Technology, 4(3), 376-385.

Abstract— this background for financial economics decisions taxonomy presented offers an

initiative to conceptualize a revision that incorporates a structured concept mapology system. In

doing so, the revised taxonomy synchronizes with a popular structured systems analysis and

design methodology for more efficient communication in specifying requirements between

systems specialists and end-users. Information technology being the key diver of change, the

revised taxonomy positioned to leverage on parallel progress with development of cognate tools

and methods especially those that innovate thinking and learning about decision-making.

Introduction

A reason for HE not responding to the need for new skills might be their non-autonomous

decision process that MOHE might decide which university might best lead the new initiative.

Such event was mentioned afore in the Canadian National case which Canada’s MOHE chose

Lakehead University (Gerald, 1980) to pioneer a Management System transfer program. The

governance of accountability does not represent weakness for low response. On the contrary, it

was a conservative national human capital development approach. Therefore, efforts by

professional bodies in the likes of ICAEW might have been more efficient with offering of

short programs to overcome skill shortages. The journey in managing that change might

consider a pedagogic approach in revising taxonomy that considers technological impact upon

future learning environment

Taxonomy refers to the technique of classification (Collins, 2009). History had largely

credited Aristotle as taxonomy’s eldest (Mayr, 1982) who gave roots to naming systems for just

about anything (Knapp, 2010). Regarding learning, Bloom’s taxonomy was a classification of

learning objectives within education had since been revised once (Anderson et al., 2001) with

the latest development in Pedagogy 3.0 for STEM teaching. Evidently, change was imminent,

as advances in database technology had affected taxonomy in educational whenever there was

major development in cognate processes (Vanides 2010; Anderson et al., 2000). Technological

advances in educational technology, as have been in Pedagogy 3.0 symmetrically influence

taxonomy for FED, being another professional education discipline likewise.

McKinsey’s survey (2011) reported that among stakeholders: 42% employers agreed

graduates are job ready, 72% education providers perceived so whereas only 45% of youth

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agreed. Not all three stakeholders were synchronized in their learning outcomes though the

education providers thought there were. CRM between educational providers and industries

were imminent to ensure relevant skills were learnt to increase graduates’ employability.

Professionalism and communication ability were part of the ten skills to hire according to

Casserly (2012). CPD as part of a taxonomy for FED’s instructional pedagogy was evident by

survey of six Asian nations in how they administered training in tandem with structural

functionalism, as those processes were responsible for engaging learners into contemporary

practices and integration into the industry according to findings by Mok and McCatney (2012).

On a broader scope, sustainability pedagogy index by taxonomy needed to find an equilibrium

level with industries by co-existing with changing technology, structural functionalism, and

social shift to professional class, cosmopolitanism and citizenry values.

The quick background had just shown technology drove changes, taxonomy being one.

Guided by the revised Bloom’s taxonomy (Anderson et al., 2001), this paper first reports a

taxonomy framework for the instructing and practice of FED capstone in relation to an

overarching aim of capacitating students’ with the knowledge and skills of the ‘What-How-

When’ dimensions in FED. Doing so, the practice emerged conceptual changes in the learning

process (Posner et al., 1982) by graduating adults’ self-directed attitude towards self-

sustainability upon their prior knowledge in accounting, finance, economics and quantitative

methods (Day, 1955).

For the coming graduates from GZ, the latest development in Pedagogy 3.0 (Vanides,

2010) implied that how-to-teach-how-to-learn is being replaced with how-to-teach-how-they-

want-to-learn. Most GZ has no pre-affluent history, born into an ongoing technology savvy

period in a one-child policy. Although practicing knowledge is irreplaceable except continued

in different format, it suggest that the art of sustaining motivation in learning is dedicated when

seeking a balance between practice and rote teaching (Anderson et al., 2000). The processes

linked for evaluating the taxonomy for FED pedagogic effectiveness on how knowledge

constructs decision-making capability using the FED capstone thinking dimensions of ‘What-

How-When’. WHW rationalized upon four disciplines that dealt repetitious with decision-

making; general economics, finance, accounting and quantitative methods.

The governance of the taxonomy was to consolidate the learning of these four disciplines

for establishing professional practice whereby practicing the skills frees the scope of thinking

into exploring revenue possibilities while in parallel also remembering lessons from recent

financial fiascos (Reed, 2010). The reasons for initiating revision of FED taxonomy were

rationalized after explaining its current application in six taxonomy levels: knowledge,

understanding, application, analysis, synthesis and evaluation. Explaining the four levels of

diagrams while complementing the six taxonomy levels has initiated revising the FED

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taxonomy by synchronizing it to four levels to complement Gane Sarson SSADM and in doing

so might benefit from information technology development meant for Gane Sarson/SSADM.

Background

Issues mentioned in Paper 1 have pointed to a multi-layer problem of pedagogy relevancy. As

governments account for their GDP growth, it has to derive from human capitals, which in turn

produce higher educational systems. “Where the limits of universities lie and where industry

must pick up the reins where great science literacy is needed” according to Gomory & Shapiro

(2003). This might relate to the imminence of HEs to stay relevant through CRM dialogues

with industries to close the gap of mismatched pedagogy and program irrelevancy for

economies to stay competitive, as shifts in an economics structure might create lag time for

universities to develop the right human capital in current fast changing world economy patterns.

Macro perspective of frustration for employable education might complement the mismatch

pedagogy mentioned and reflect more outcries that are yet unheard. Attempts relating pedagogy

in various context offered islands of resolutions that at best reflective in the dual educational

system of Germany/Austria, which combined practice to theories, as investors favor highly

specialized skills that the US talked about (CareertechEdFoundation, 2008).

FED pedagogy development by HE might easily supersede fundamental programs, which

focus on macro priorities such as standard tertiary major like business studies, engineering or

accountancy. Graduates might gain two years of direct work experience before they

considering career advancement. Tertiary institutions’ obligation therefore might train students

from base zero. A search for financial economics undergraduate course in the U.K. showed at

best, joint majors of economics and accountancy (UCAS, 2011).

When students enter a career related to accounting, finance or economics, they were

faced with a capstone problem; be fluent in financial statement which as professionals, they

were expected to deal daily with these document (Bruns, 1997). Therefore the pedagogy for

these professions begun with an objective of end in-sight by conditioning students with cause-

effect teaching through integrating of learning aids such as end-of chapter assignments (Ariely,

2008). Integrating spread sheet competencies into accounting curriculum had shown in a study

that it was imminent in enhancing the pedagogy of accounting and finance related courses

because it engross students solving issues and in doing so students might evaluate their spread

sheet competencies (Walters & Pergola, 2012). In doing so, Elrod and Norris (2012) found

students’ FED skills were raised in perceiving irrationalities that shape FED skills (Ariely,

2008).

The Weighted Average Cost of Capital, (WACC) being among parameters of corporate

governance might be taught through visual cause effect method. By using Excel® for

interactive teaching of the WACC concept, Drougas et al. (2012) asserted that, students who

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have explored the change effect to the WACC formula have reinforced their understanding of

financial statement. This was especially so when evaluating leverage to decide on capital

structure theory (Baltazar et al., 2012).

To overcome the challenge of teaching terminologies and concepts in introductory level

accounting courses, King and McConnell (2010) used a tent making business that comprised

business procedures. Students were required to follow instructions; those who did were able to

differentiate between financial and management accounting, compare to those who did not. The

findings confirmed the reason being that the uses of a common experience have engaged

student and contributed to learning and retention of learning in discussing pedagogy for

teaching managerial accounting as also concurred by Thein (2006). Further evidences were

those who followed instruction have the ability to comment on the common assignment.

Integrating finance and accounting through a business combination assignment in Excel ® was

studied by Drougas et al. (2012) as effectively conveyance of teaching requirement for business

process changes in an integrated approach of curriculum and delivery styles in new pedagogy.

The integration approach linking blocks building upon block was also concurred by Exley and

Bannet (2006, p.8).

Bryant and Harris (2011) experimented with using storytelling (current event on news

media might also make interesting stories) to increase interest and recollection in finance

concepts found that there was 6.5% more significance in getting students to recollect relevant

economics facts by forming relationship of learning to story. Good stories tend to be current

economics events which might serve as case for theories to relate. Bringing in good current

events from news media or having students’ assignments to find current events that illustrate

the main points have been effective to reinforce learning (Exley and Bernett, 2012).

In engaging FED thinking skills for economics, Beckam and Stirling (2012) discussed

pedagogical strategies through simulating a model in various scenarios of changing family

structure to demonstrate its effect on household decisions on consumer products. By this

method, their study was found to have reduced students’ stereotype of the family structure

(Kern, 2002). Agrawal (2010) mentioned that Taylor’s paper written before an economic crisis

have gotten out-dated because the effect of economic growth as a function of labour, capital

and technology had to be traded-off between inflation and unemployment brought by the crisis.

As result, students have expected changes in monetary and fiscal policy. To overcome this,

students depended on pedagogy that required instructors to top up missing topics in text book

with current economic affairs. Blinder (2013, 2012) agreed

that economics text books were not

synchronized to update students with economic principles because business cycles were

influenced by new economics events that text book were unable to reflect on time. As a result,

after each economics crisis, a new pedagogy was needed (Hartley, 2003, p.84); as driven by

globalization that depended on a knowledge-economy. In using cause-effect teaching to explain

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new pedagogy whenever economy became ‘new’ after a major event, he expounded on new

frontiers were broken by new resources that increases a firm’s competitiveness with new

material, new methods or with people who have re-skilled.

Regarding development of professionalism, a study by Stretcher et al. (2010) found that

including communication competencies as part of learning outcomes was crucial for developing

transfer of learning across courses in an MBA curriculum because cross disciplinary writing

skills was essential to communicate effectively recommendation of analysis and decision in

managerial finance. These studies on instructional pedagogy in accounting, finance, and

economics seemed to focus on keeping students engaged by the use of Excel ® in assignment

as a bridge to visualize cause-effect reasons for situational changes from storytelling about

current economics events (cases included as stories and events).

FED Pedagogy Review

Below are some reviews to check the extend of FED taxonomy in practice to its pedagogy.

i. Mofett et al. (2012) described their “Fundamentals of Multinational Finance”

pedagogical tools as writing style that might invite good reads, lots of illustration and

exhibits, a running case, mini cases at the end of each paper with information of

contemporary practices of global finances, questions and answers. Being among the

most recent text book out in multinational finance, whether it might sustain readership

for the financial turbulence happening now in Europe, time might tell as even ‘The

2008 financial crisis and economic pedagogy’ (Passaris, 2011) was outdated by

Greece’s maturing debts in 2010.

ii. According to Hens and Rieger (2010), finance might be composed of many different

topics. Financial economics might be the connection between finance and economics

meaning there might be potential confusion for misunderstanding into the various

streams of finance and economics.

iii. Goldstein and Onyeiwu (2004) suggested that in rapid changing global economy,

pedagogy with case studies and experiential learning might be better off with added

exposure of recent global deficiencies to add onto a curriculum’s comprehensiveness.

iv. The ‘Hook’ by Burney et al. (2007) referred to an element of capturing interest that

cause learners willing to stay on to listen, suggested that within the pedagogical

breaking down of a teaching module into topics, the topic on hand might be so well

positioned to create the maximum impact capable to engage learners.

v. The approach by Duett et al. (1996) to link operating and financial leverage to

systematic risk might be done by decomposing the firm’s balance sheet and in so doing

might identify better what each type of risk might be borne in order to re-appropriate

assets to the correct portfolio.

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vi. Bohren (1997) use the logic of the market model to offer a simple framework for

presenting the basic risk concepts in an integrated way because according to him the

concepts of finances though not difficult to communicate when they were taught one at

a time. However when these concepts were taught on an interlinked basis, it might be

very difficult for students to follow the internal relationship within these concepts

because there was no framework for such unison. He therefore he suggested a building

block structure for teaching risk in modern finance.

vii. A survey of price discrimination by Marsden and Sibly (2011) about the teaching of

price discrimination in five text books found no attempt to link the rational of the three

types of prices discrimination and therefore their study had described taxonomy to

teach the matter.

viii. In Austrian economics and pedagogy, Loan (2011) suggested that under the principles

of liberty, students as independent learners might centric themselves upon their

individual self as an organism that might only grow while when they might discover

how they learn.

ix. The employment of concept mapping for finance had been wide according to few

regular writers promoting this aspect of illustrative active thinking such as Biktimirov

and Nilson (2003, 2006 & 2007), Filbeck and Smith (1996), Mento et al. (1999) and

Nettleship (1992).

x. Needles, Powers and Crosson (2011) said their ‘Principles of Accounting’ had its

design originated the pedagogical system of integrated learning objectives. That system

purportedly supported both learning and teaching by providing flexibility in supporting

teaching first year accounting with review and assignments at the end of each paper.

The reason for that arrangement was to identify learning objectives, which in turn

referred to specific content areas by a ‘Stop an Apply’ section to reflect with an

exercise.

xi. Abraham (2008) compared delivery of accounting subject with the blended learning

approach versus the traditional approach. It was claimed that “the significant

improvements in every area, supply valuable evidence that the adoption of a blended

approach in higher education might appreciably enhance students’ results and

experience by providing a more student-centered learning environment”

xii. Milne and McConnel (2001) suggested problem-based learning using case material in

accounting education, which outlined the learning logic with reviews of empirical

evidence to develop self-directed learning behaviors to bridge theory and practice.

xiii. Many accounting textbooks exhibited diagrams as standard inclusion to illustrate the

flow of numbers from one process to another. Although Leauby and Brazina (1998)

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illustrated their support of using concept mapping in accounting but more can be done

with colors within the usage of Excel to enhance live visualization (Atkins, 2012).

xiv. Motivated by findings in their research, D’Souza and Kelwyn (2010) identified factors

influencing student performance in the introductory management science course,

suggested that further investigation may be necessary to understand the root causes of

poor performance. ha and recommended corrective measure to improve students'

performance in the management science course due to reasons ranging from students’

lack of preparation to ineffective course design.

xv. Graphs might be natural integral aspects in decision making courses so are grids but the

way illustration presents these concept perhaps might enhance understanding as pointed

out in by Schau and Mattern (1997) in “Use of Map Techniques in Teaching Applied

Statistics Courses.” and by Sirias (2002) in 'Using Graphic Organizers to Improve the

Teaching of Business Statistics.’. Tukey (1980) had suggested that for both qualitative

and quantitative analysis, the over reliance of numbers might cause one to be myopic in

analysis by missing out the bigger aspect of what might suspiciously be drawing close

to issues under discussions.

Pedagogy of FED Skills

As financing projects became competitively market driven, advance skills have to emerge from

the combinatorial generic fundamentals of financial economics towards sub-specialization in

the industry specifics and in the process motivate job market expansion for multi-skilling

abilities that might be more effective in translating opportunities into higher net value,

according to Vitaro (2004). While not everybody had desire to attain FED skills, those who

desired to progress to the CEO/CFO/ or MD/ED/Non-ED positions with existing formal tertiary

training, inclination to business development and who knew about the company’s products and

their markets, and how they might be funded, might enhance their self-worth with MDP for

FED. A person with C (Chief) or D (Director) level responsibility might have to coexist

between marketing, manufacturing/production and finance. By that, FED skills might be an

indispensable auxiliary skill for fiduciary duties.

As a result, FED SKILLS might become an imminent skill set for decision making that

affects final pricing in enhancing corporate future value. Formal FE knowledge might be

acquired through postgraduate studies whose curriculum train postgraduate students towards

making advance FED. However, few might have the time luxury to return to school for two

years and many successful C or D level people have other avenues to develop themselves. A

person with formal pre-exist accounting, finance or economics skills might be better motivated

towards this advancement because of the knowledge foundation which they might hold to prove

themselves in the industry wherein the element of specific experience might serve to

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consolidate their theoretical knowledge. Given that, formal knowledge of FED SKILLS is

desirable to enrich C and D levels, this paper might establish the evidences of impending

shortages of FED SKILLS addressing the divide of what industry wants that HE have not

produced.

Putting into perspective the governance of profit maximization within resources

scarcity/demand, this wholesome composite knowledge then needed the effectiveness of

transmission and dissemination, through instructional pedagogy strategy to obtain the

maximum learning outcomes (Firestone, 1991). While instructional pedagogy strategies were

accorded the instructor’s own philosophical beliefs, those beliefs were governed by students’

background, knowledge and experience, situation and environment (Davies et al., 2009). In

addition to incapacitating the FED program’s learning outcome, wholesome pedagogy was

needed to deliver the consolidation of prior learning. In the process, practices were related to

theories in a manner that co-exist with social functional needs towards enhancing employability

(Parsons, 1975).

FED Taxonomy Base

FED taxonomy begun from its BEEE capstone i.e. the Eyx elasticity factor (Lim, 2011).

Characteristics of two classical theories specific for the FED pedagogy knowledge content

were found in accounting break-even and economic equilibrium. The basic reasons for these

two simple concepts were that they have been used daily but having a purposive pedagogy to

guide them in consolidating prior learning might enlighten understanding. The financial

accounting break-even BE means in simplicity a square position of no gain and no loss

(Horngren, 1997). The nonprofessional understanding is; what is the lowest cost to bear

without losing one's own money before even considering making a profit. This establishes the

thinking of ‘bottom’ or base level. The next classical theory is Economic Equilibrium or EE

(Samuelson, 2004). In explaining this, the simplest nonprofessional example is ‘willing buyer,

willing seller’ i.e. a market. It meant transactions materializes when there are buyers and

sellers for any goods or services in any form, because they include the most important basic

element i.e. an agreed price, or the maximum that a buyer will pay and the lowest a seller will

accept. It therefore, gave meaning for ‘equilibrium’ where the demand of buyers at the price

meets the sellers’ ability to supply at the same price. This established a ‘top’ or a ceiling to the

buyer that the item was sold at this top price that the buyer was willing to pay or the item might

stay unsold.

Figure 1 depicts the core knowledge content of FED as Break-Even Economics-

Equilibrium which is the tangent triangle of BE and EE. The hypotenuse being the distance

between BE and EE represents incremental risk from BE to EE and need decision management

skill. BE is deterministic while EE is probabilistic. The adjacent line represents time to arrive at

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the expected ROE. With these two merging of specific financial theory and economic theory,

the establishment of a bottom and a top, two simple basic points might form to connect with a

line known as the BEEE line. It remained puzzling why basic economic module or accounting

module does not teach simplicity of merging these two theories even in their advance modules.

The line distance might mitigation the process or flexibility to conclude a price until the

flexibility stops. In economics term, this process is call elasticity. This mitigation process is the

capstone thinking when it becomes intricate in estimating BEEE elasticity according to Lim

(2011). The onus between deterministic BE and probability EE is their distance representing

risk to be managed thorough diversification or hedge in the event the project falls short of EE

and cannot meet expected returns. From this simple nonprofessional thinking, the training

might take on a higher level because it might involve managing risk in making investment

decisions. The BEEE elastic factor Exy might offer a simple way at looking at the magnitude of

change in various scenarios mentioned because it might demonstrate the combinatorial effects

of both BE and EE points while factoring risk premium onto the efficient frontier. Eyx being

the measurement of elasticity provide the indication as to where and when risks premium were

diversifiable. While Eyx provides a guide as to what might be the limited working capital

investment to reap hypothetical revenue.

Figure 1 FED content epitome

Decision-making involves understanding risks and the information to manage those risks,

which involves formal quantitative abilities to optimize realizable return through abilities to

marginalize risks and diversify resources. Combining BE and EE became the capstone equation

Eyx (Lim, 2011) wherein EE is the maximum returns obtainable form best information

available to ascertain the most possible peak price. Hence EE – BE = profit, ROI or ROE,

depending on the context of the application. The three element of this tangent; BE, EE and

hypotenuse require basic tertiary knowledge of finance, economics and statistics, hence only

senior students with at least two of these three fundamental knowledge qualify for FED skills

training which include CPD and WIDE. Training to consolidate pre-exist knowledge include

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30

constructive elements of workshops, seminars, concept mapping skill and case studies

(Ottewill, 2004).

With the BEEE, capstone is the parallel ability to advise decision-making. Analysis of

command words used in recent 12 unpublished past exam papers of an accounting body in

recent 2 years by Hughes (2012) resulted in a summarized count that had ‘advise’ appeared 10

times. The syllabus topic of a Professional apart Part 2 Financial Accounting examinations

required competency that include being comprehensive, critical in evaluating data to reflect

detailed specialised knowledge and capability of acting independently and effectively as a

professional. Paring this to FED skills, the equivalent might be along with Professional Level 2.

When the capstone is joined by command words pointing towards decision-making, they

construct the six levels FED taxonomy base.

Level-1: Knowledge

Part-1 of Figure 2 being FED taxonomy context Level-0 showed the FED capstone, which

needs the understanding of risks and the information to manage those risks which involve

formal quantitative capabilities to optimize realizable return through abilities to marginalize

risks and diversify resources. The construction of FED was derived from incapacitating the

overarching aim of achieving a consolidated theoretical knowledge of ‘What-How-When’ for

incapacitating FED with the understanding of elasticity in making risk/reward decisions (Lim,

2011).

Frequent FED have used Break-Even–Economics Equilibrium (BEEE) capstone in

Figure 1 as its learning epitome; the focus area being the distance from the Break-Even (BE)

point to the Economics Equilibrium (EE) point. The distance between BE to EE represented the

risk level that must be managed with FED knowledge. Combining BE and EE became the

capstone equation Eyx (Lim, 2011) wherein EE was the maximum returns obtainable from best

information available to ascertain the most possible peak price. Hence EE – BE = profit in a

general sense. The onus between deterministic BE and probability EE is the distance

representing risk to be managed thorough diversification or hedge in the event the project falls

short of EE and cannot meet expected returns.

As a result, the context Level-0 concept map is decomposed into 3 parallel key

conceptual diagrams; Part-b to Part-d of Figure 2 consolidates prior learning with the

taxonomic process. In its course of disciplining the sort of critical thinking required of a

beginner financial economist, the taxonomy bridges prior knowledge of WHW that were

learned; each represented by the wholesome FED taxonomy in 3 sub-sections and synthesized

in the final sub-section below.

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31

(Part-a: Level-0 context diagram for Break-Even-Economics-Equilibrium)

(Part-b: Level-1 decomposed

Beak Even (BE) chart for ‘How’

dimension

(Part-c: Level-1 decomposed

nominal distribution curve of

BEEE risk for ‘When’

dimension

(Part-d: Level-1 decomposed

Economics Equilibrium (EE)

chart for ‘What’ dimension

(Part-e: Level-2 database access rule map)

M1 M

2 M

3 M

4 M

5 M

6 M

7 M

8 M

9 M

10 M

11 S

1 S

2 S

3

(Part-e: Level-1 conceptual database schema map)

Figure 2 Master concept map for system development based on proposed revised taxonomy

Jan Feb Dec

In In In

Out Out Out

Net + Net + Net

Operational Cash Flow

non-operating

income

W

A

C

C

IncomeStmt

Sales

COGS

Gross Profit

Op Exp

EBITAD

A&D&I

EBT

Tax

EAT

Div

EATD

CurrentAsset Current Liability

Cash Trade Pay'ble

Trade Rec'ble ST Loan

Inv Debentures

Others Others

Long Term

Assets

Long Term

Liabilities

Equipment LT Loans

Goodwill

Building Equity

Land R/E

Others

Balance Sheet

<-----C

urre

ntE

ffic

iency

<--

Long T

erm

Pro

fita

bili

ty

Solv

ency

Mark

eta

bili

ty

WHAT (Sight market

opportunity)

Economics Equilibrium

HOW (measures & track

needed resources)

Break-Even (BE)

WHEN (time frames of

expected benefits)

Probability of Elasticity

X

Y

Total Revenue

line

Q

Total

Variable

Costs

line

Total Fixed Costs line

0

Break

Even (x)

Economics

Equilibrium

(y)

Aggregate

Demand line

Aggregate

Supply line

$

0

Probability of Elasticity

(Eyx)

Break

Even

(x)

Economics

Equilibrium

(y)

$

Q

µ

Eyx

BE (x) EE (y)

Wastage

zone

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Table 1 Legends for Figure 2

Income Statement item Balance Sheet items

COGS = Cost of Goods sold

Op Exp = Operating Expenses

EBITAD = Earnings Before Interest, Tax, Amortization

& Depreciation

A&D&I = Amotization + Depreciation + Interests

EBT = Earnings Before Tax

EAT = Earnings After Tax

Div = Dividends

EATD = Earnings After Tax & Dividends

LT = Long term

R/E = Retained Earning

WACC = Weighted Average Cost of

Captial

11M Cost Accounting Databases 3S Supply Databases

1. Manpower (staffing)

2. Marketing (selling exp)

3. Money (cost of funds)

4. Methods (systems related)

5. Material (direct/indirect)

6. Machine (plants & machinery)

7. Measurement (quality control & assurance related)

8. Maintenance (service contracts & depreciation )

9. Motivation (training)

10. Motion (idle cost)

11. Modification (engineering change)

1. 50%

2. 30%

3. 20%

Dimension of ‘What’

Referring to Part-d of Figure 2, the taxonomy dimension of ‘WHAT’ explained to students’

prior knowledge about business anticipation of improved opportunities derivable from the EE

theory (Samuelson & William, 2004). Since EE represented the sellable level, it therefore also

represented the optimum earning expectation; beyond that was considered wastage due to

absence of market demand. EE, bearing an anticipate nature has a probabilistic nature because

what might be totally sold is not exactly known and producing beyond salability risks wasting

resources. Understanding of EE was therefore among the core knowledge when changes in

fiscal and monetary policies pricing are factored.

On the notion that EE being quantity supplied and quantity demanded, arriving at an EE

situation required any change to market price to cause the forces of supply and demand to

match. Excess demand or shortage existed when quantity demanded exceed quantity supplied at

current price until they agreed and that agreement was termed as EE. When quantity demand

was less than quantity available, price moved towards where quantity was demanded to equate

quantity supplied. The basic characteristics of economic equilibrium form the purpose of

managerial economics as a prerequisite for FED readiness to expand this knowledge into

complex relativity in the magnitudes of change in supply and demand to determine the outcome

of market equilibrium (Samuelson & William, 2004).

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Dimension of ‘How’

Referring to capital required for the investment, instructing the ‘HOW’ dimension in Part-b of

Figure 2 relative to the accounting BE meant a position of no gain and no loss (Atrill &

McLaney, 2011). This established the thinking of ‘bottom’ or base level. The BE knowledge

had a deterministic character as it is calculable by standard BE convention from prior learning.

While the nature of profit was probabilistic in the mentioned EE, the distance between the

deterministic BE and the probabilistic EE is the line to manage according to best information

that returns the most probable profit. In bidding for projects, BE dimensioned into costs that

must be recovered first to begin realizing profit with the summary of cost behavior being

composite in a project’s variable costs, project’s fixed costs and a project’s bid price.

The BE equation comprises costs retrieved from each of the 11M+3S databases:

Marketing, Money, Manpower, Materials, Methods, Machines, Measurement, Maintenance,

Motivation, Motion, and Modification (Lim et al., 2011). Part-f of Figure 2 shows the

conceptual layout of these 11M+3S databases at Level-3. Level-3 being the level reserved for

database map to complement the data stores of Gane Sarson Level 3 for data stores (Gane &

Sarson, 1989). These costs were stored and retrieved according to standard accounting

practices. The summary of cost behavior being variable cost changed along with business

activity but per unit variable cost remained constant while fixed cost remained constant with

business activity but per unit being fixed cost decreased as business activity increased

(Samuelson & William, 2004).

Dimension of ‘When’

Instructing the taxonomy of the ‘When’ dimension was by joining the mentioned two financial

and economic theories to form the hypotenuse. Displaying the hypotenuse horizontally shows it

as a normal distribution curve in Part-c of Figure 2. The connection of these two points forms a

risk line known as the BEEE risk line and that must be governed to ensure securing returns of

investment. By using students’ prior knowledge in descriptive statistic, the measurement of

central tendency and variability of risk along the standard distribution curve in Part-c of Figure

2 is revised. Doing so identified the characteristics of the nominal curve to guide insights into

mental processing of kurtosis (Levine et al., 2013).

While the BE point on the left of Part-c in Figure 2 established a deterministic bottom

value, the right end tapers to the EE point of lowest probability value. The explanation to

students that deterministic value of BE became probabilistic as EE moves further from BE

represented risk probability increment. The BE relationship is used to analyze effects of profit

when changes happened to either one or all three items; sales price, variable cost or fixed costs.

From the BE point, the knowledge expands into cost that must be recovered before realizing

profit; albeit business activities effect upon cost dynamics. The characteristics of the BEEE

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risk line being elastic, therefore represented the probability to reach the desired price level. The

characteristics of BEEE being both the angle and distance that the intended EE pointed away

from BE; known as elasticity or Eyx which mitigates the process to conclude a price until its

inelasticity. This mitigation process is the intricate capstone thinking into estimating BEEE

elasticity. From this thinking, the instructing takes on a higher level as the BEEE elastic factor

Eyx in offering various dimensional views at the magnitude of risk because it demonstrates the

combinatorial effects of both the 'BE' and 'EE' points while factoring risk premium in the

efficient frontier (Lim, 2011).

Eyx being the measurement of risk elasticity provided the indication as to where and

when risks premium were diversified in limiting working capital requirement. Being among

common managerial finance applications BE answers cost behavioral in determining the

quantity that must be sold to begin earning profit (McAfee, 2006). The onus between

deterministic BE and probability EE was their distance representing risk to be managed

thorough diversification or hedge in the event investments falls short of EE and cannot meet

expected returns.

Synthesis of WHW dimension

Part-a of Figure 2 epitome the core knowledge content required in FED; BEEE being the

tangent with the BE point between the adjacent and hypotenuse line and the EE as between the

opposite and hypotenuse line. The hypotenuse being the distance between BE and EE

represented incremental risk from BE to EE and needed decision management skill for BE is

deterministic while EE is probabilistic. The adjacent line represented time to arrive at the

expected returns on equity. The three dimensions of this tangent; BE, EE and hypotenuse

(BEEE line) require basic tertiary knowledge of finance, economics and quantitative methods.

Henceforth students in the FED program needed these pre-exist fundamental knowledge to be

taught how to consolidate their prior learning before proceeding into their CPD and WIDE.

Learning to consolidate pre-exist knowledge includes constructive dimensions of workshops,

seminars, concept mapping skill and case studies to construct a wholesome approach.

While finance drew upon mathematical tools to ascertain position taking behavior in

savings, investment and risk, economics study insights into allocating resources from

competing process in exchanges and distribution (McAfee, 2006). In making FED according to

variables that intervened with their ideas, the values that affect decisions are enriched by

motives to retrieve information for construction decision. Therefore, between

economics/finance and finance / accounting, thinking tools and experiences from CPD practices

reinforce thinking process in making FED under uncertainties. Having the quantitative methods

to measure and track the performance of the FED became the ‘WHEN’ dimension to achieve

the desired return (‘HOW’ dimension) based on probabilistic demand of the opportunity

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('WHAT’ dimension). It might be puzzling that no explanation was found as to basic economic

module or accounting module had remained untaught about the simplicity of merging these two

theories even in their advance level; hence led to the establishment of the FED capstone (Lim,

2011).

Level-2: Understanding

The power of concept mapping assists the mind to warehouse thoughts and information in

various perspectives and dimensions that made information retrieval more efficient; being the

psychological foundation of concept map (Buzan et al., 2010). Part-e of Figure 2 illustrates a

concept map about how cash begun from recording when cash received was paid and where

those receipts and payments are subsequently recorded in the income statement and balance

sheet such that the financial performance risk might be known immediately to impact the

‘BEEE’ concept map in Part-a of Figure 2 (Lim, 2012).

Novak and Canas (2006) illustrated directional inquisitions to construct meaning and

results flow in various concept maps, according to different professional needs, had directly

relate studies; FED concept maps contextualize with lines, intersections and directional flow to

indicate risks have considered these pointers in its taxonomy. Decision tree is another concept

map frequently used as graphical tool for several applications; consolidating prior learning of

economics to complement financial statement maps with probabilities appointments of success

conditioned upon events. As direction pointers in identifying or selecting, decision tree

develops mental rule for storing and retrieving knowledge (MindTools, 2012). Graphs are

natural integral aspects in decision-making courses so are grids and the illustration methods

might enhance understanding (Sirias, 2002). Additionally, in both qualitative and quantitative

analysis, the over reliance of numbers might cause one to be myopic in analysis by missing out

the bigger aspect of what might suspiciously oversight issues (Tukey, 1980). The employment

of concept mapping for finance has been wide according to few regular writers promoting

illustrative active thinking (Biktimirov & Nilson, 2007; Filbeck & Smith, 1996; Mento et al.,

1999; Nettleship, 1992).

Level 3: Applications

How the mind receive, process and retain learning had been a timeless debate in cognitive

studies about the span of immediate memory suggest that information gets dislodged when the

mind is challenged to sustain ability in warehousing data in the mind for cognitive dissonance

retrieval accuracy (Miller, 1955). To focus on capturing immediate moments, an industry

centric model might be one that emphasized learning as internally driven in a cooperative

environment. The reason being that knowledge construction was wholesomely involving: from

the student who wanted to learn and contribute to the profession, the facilitator who wanted to

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depart knowledge and to improve upon it and industries that encouraged building the particular

body of knowledge. However, the reality of practices intertwined learning along with

instructional pedagogy, organization, education management leadership (Lim, 2012).

Another reality was that industry stakeholders might not participate in tandem with the

improvement process and this made that difficult to synchronize formal teaching/learning. The

question then asked if internship was effective. Therefore, to analyze the possible solution from

various perspectives, it might draw on few things like what were the challenges ahead of

fundamental pedagogy from some successful experiences to make comparisons to move

forward in the specific instructional pedagogy. Ottewill et al. (2004) have suggested that

organizational behavior and culture can challenge thinking about instructional pedagogy in

different settings, yet touching all taxonomic bases.

Level-4: Analysis

The well-propagated case teaching method which (Shieh et al., 2012) required learning critical

thinking had caused shared instructional empowerment with students who have most class

control to produce their results under time constraint. The collaborative intelligence of

Pedagogy 3.0 (Vanides, 2010) has that similar effect to enhance case facilitation collaboration

between students and teachers (Nosich, 2009) in generating cases by building knowledge upon

knowledge. Technology being the enabler can dive taxonomy for interactive methodological

learning to keep students engaged without extrinsic reward but extrinsically constructs to

reinforce intrinsic development. This meant that interactive learning facilitates constructs by

instructing students to self-learn and in the process gave control of how students wanted to

learn.

Pedagogy 3.0 approach constructivism was another departure from traditional

constructive learning wherein the facilitator can gradually be replaced by machine to interact

dynamically with student. In doing so, students’ progress can be tracked. Beneficiaries of CI

are GZ coming into higher education. If pedagogy taxonomy has departed from previous

theories to a new dimension, then the three stages of rational decision making (Anderson et al.,

2000); intelligence, design and choice using expected value decision tree had affected CI as

provoking catalyst in engaging interactive learning. In doing so, might have caused cognitive

development to a higher order in metacognition (Gardner, 2006).

Along the thoughts of Pedagogy 3.0, facilitation and workshops are among the construct

of the FED program of which students’ motives for learning were monitored to determine

which variables are more effective in motivating learning. This was performed by means of

arranging variables in a force field format that provides a visual effect of the extent which

constructivist variables can withstand external behavioral pressure.

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Level-5: Synthesis

Hughes (2012) analyzed 12 exams for 2010 and 2011 in an accounting body at the Foundation

Level, Professional Level 1 and Professional 2 Level. The command word ‘advise’ appeared 10

times. ‘Advise’ referred to required competency that included being comprehensive, critical in

evaluating data to reflect detailed specialized knowledge and capability of acting independently

and effectively. What was observed was graduates’ expectation to demonstrate abilities to

advise companies through a learning process, which incapacitate their ability to consolidate

learning.

Level 6: Evaluation

The FED taxonomy included several items that in composite are responsible to consolidate

prior learning. These items involved methods, procedure, concepts and motivators for

instructing, learning, retaining and recalling knowledge. The taxonomy framework found

literature support in best practices in CPD and WIDE from the constructivism aspects of

methods and procedures to enhance knowledge retention and retrieval. CPD became one of the

pedagogy enabler and a link between industry and universities through continuous CRM to

narrow the unemployment gap, promote structural functionalism, and enabled motivational

influences that caused pedagogy’s relevancy to meet the needs of those who employ and those

who want to be employed. CPD bridged this purpose to identify theories and practices related

to the behavioral and constructivist aspects of learning and training. The types of motivation

factors, which linked intrinsic and extrinsic influences, have to be measured within defined

delimiters.

CPD is a mandatory aspect pedagogy requirement in professional program to bridge

senior year student into the industrial world. In contrast with internship and co-op program, the

CPD process involved tracking professional practices and mandatory workshops directly

related to the practices updates example tax reform, legislation in accounting reporting and new

accounting standards. The problem of lack of knowledge/skill of decision making among

students in economics, finance and quantitative methods at tertiary level as the missing link to

consolidate pre-exist knowledge with practices.

Without the CPD link, knowledge risk depreciation. While curriculum that configured

knowledge development with each part logically connected to another to make a whole, there

was no mention of how this cumulated knowledge were tested on actual practices. This was

despite that taxonomy offered the closest critical thinking next to bridging theories with the real

world (Herreid, 2005). By Deming’s (1986) Quality Circle (DQC) definition, the taxonomy of

case based pedagogy stopped before the ‘Act’ stage. Practicing knowledge through CPD not

only connects theories with practice, it also directly engaged graduates into their careers.

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A CPD within WIDE arrangement completes the PDCA cycle as a low risk approach for

a specific pedagogy in those said resolutions of apprenticeship, valuing multi-pathway,

curriculum revision and transfer programs. The argument here suggested that curriculum

relevancy is a symptom of slacks in decision making knowledge skill among seniors in

economics and finance. Curriculum became problem identity only when industry rejects the

graduates. Unless there was CRM between universities and industries, taxonomy might

mismatch curriculum relevancy, again confirming that market driven dimension for a taxonomy

construct might effectively be more organized into universities core curriculum, where FED

might expound positive impacts.

The call for MDP boldly emphasized responsive employment economics that befits

youth’s desire to sustain their self-worth rather than permeate frustration through social e-

commerce. While far-fetched pro-active strategies were needed to narrow unemployment,

sustaining values of learning and career prospects with eliminator of youth’s predicaments of

rights to jobs, might sustain knowledge worthiness and shoring human capital shortage with

governance for specific FED taxonomy that encompasses local best practices CPD within

WIDE. In totality that might be the important missing, interlink phase not much mentioned

about knowledge consolidation.

The model CPD practiced is adopted from ICAEW’s renowned ‘Reflect, Act, Impact,

Declare’, RAID approach that requires members to declare their statement of compliance,

(ICAEW, 2012) wherein members self-supervise their practice journals that declare their CPD

time sheet. Wrongful declaration when detected have resulted in those validated period

nullified. The ICAEW’s CPD has constructivism dimension of continuous evaluation with

punitive behavioral dimension to enable self-supervision. Hardly was there an accountant

without a job because the CPD dimension already linked the graduate although there is less

extrinsic in the start-up stage of the career, therefore to enhance graduates’ employability, the

CPD pathway was a proven linkage to employment for most professional programs.

Experiential learning became possible to consolidate and to build on these pre-exist

knowledge. Prior fundamental economics knowledge allowed understanding of how to resolve

conflicts between expectations for higher returns and limited resources to meet those

expectation from a FED oriented pedagogy that emphasize consequences of financial mishaps.

FED Taxonomy: Revision Initiative

Steel and Konig (2006) were of the opinion that wholesome learning that has motivational

designs was more important. They argued that social motive had contributed to pedagogy

because there was a limit of how much cognitive effort can be stimulated by classroom

motivation activities that taxonomy had missed. With the aim of keeping students engaged, the

taxonomic arrangement include extrinsic motivators to reward performing students might

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eventually detract from its purpose when the rewards continuously fall on a few students

giving those behind no opportunity to be rewarded when categorizing motivation as either

intrinsic or extrinsic (Alexandar et al., 2000). An extrinsically motivated student felt wanting to

act towards receiving something that demonstrates feeling of significance from obtaining the

knowledge. For that matter, curriculum and activity development are recommended to direct at

students’ internal locus of control (Fraser, 2011) when evolving taxonomy towards

metacognitive level.

However, critical thinking and problem solving capability required by industry was

acknowledged by students’ motive in identifying thinking tools as important to their career

development. Students rated direct and indirect instructional methods higher than other factors

for learning about decision-making (Johnson, 2012). Since the epitome of the FED taxonomy

was students’ cognitive ability to practice, therefore consolidating learning by adding new

knowledge to prior learning is motivation for cognitive development as mentioned by Russell

(2003). Seemingly, that relates to innovating instructional delivery methods as prime factors to

deliver the best in understanding fundamental knowledge might be the more important core of

the taxonomy for motivating students’ learning behavior when they sensed it directed at their

goals to enhance their thinking performance (Dezure, 2012).

This paper’s initiate the FED taxonomy for motivating the confluence of learning and

practice by intrinsic cognitive dimension provisions that enable faster retrieval and processing

of information towards meeting how GZ wish to learn. A revised taxonomy for FED can

parallel development in learning/teaching as had happened for STEM by Pedagogy 3.0, which

attempted to remove fear or attraction as external stimuli for teach (Whitehead, 1984).

Proceeding forward with 4 levels in Table 2 as opposed to the current practice of 6 levels was

argued for better cognate leverage that by synchronizing to industry’s popularity of 4 levels.

There might be complementary synchronization with Gane Sarson as its SSADM leadership

positioned the taxonomy more effectively towards the future of machine learning and machine

based learning.

Four levels initiative

Table 2 depicts a comparison of popular instructional pedagogy (Lim, 2012) practiced by

industries in the form of standard operation systems (SOP) capped at 4 levels such as that of

DQC, Toyota’s production system SOP, Gane Sarson’s SOP for structured system analysis and

design (IBM 2011), Kirkpatrick and Kirkpatrick (2006) training evaluation. Why four levels

seemed popular comparative to the revised Bloom’s taxonomy of six levels might be answered

by the Miller’s (1955) seven plus minus two’ psychology of developing mental organization

efficiency.

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Table 2 Four Levels and Best Practices in Industries

Industry

1.

Automotive

assembly

2.

Training

3.

Quality

4.

SSADM

5.

Generic

Practices

Toyota

Production

System

Kirkpatrick Deming’s

Circle Gane Sarson

Financial

Economics

Decisions

Objectives

Instructional

Quality

throughput

Produce

learning

Product

Quality

(Defect

reduction)

Structural

integration &

processing

Synchronize

Taxonomy to

SSADM

Level 0: Plant View Training

context Plan

Context

application Knowledge

Level 1 Assembly line

view React Do (try out)

Decomposed

DFD

Understanding

for Analysis

Level 2 SOP of each

station in a line Learn

Check (error

correction)

DIADs/Pseudo

English Application

Level 3

Each SOP’s

work

instructions

Perform Act Data stores Synthesis and

Evaluation

If markets are the best judges of popularity, then Toyota being top automotive producer

is no coincidence but mostly attributed to its quality Just-In-Time assembly instructional

process, based on best combinatorial practices in manufacturing methods (Lim et al., 2007).

Level 1 of an automobile assembly line illustrates a section view of the line, which consists of a

collation of Level 2 SOP, which cascade to Level 3 and 4 within the same page.

In Kirkpatrick and Kirkpatrick’s (2006) model, Level 1 summarized students’ reaction to

the learning process. Level 2 described the extent of students’ improvement in knowledge,

skills and attitude because of the training, Level 3 referred to the extent of students’ capability

in improving their performance related to practicing skills learned while at their internship

company because of the training. Level 4 described the degree of positive or negative benefits

resulting from the training. The model offered a simpler administration and analysis approach

relative to balanced scorecard (Kaplan & Norton, 2001) or the Six Disciplines of Breakthrough

Learning (Wick et al., 2006) because they consider much more at various impacts of financial,

customer, internal processes and organizational change. The fact that Kirkpatrick’s model had

been popular was proof of sustainability across many applications, which required a training

assessment method that was not difficult to administer, and effective for analysis. Kirkpatrick

had advance his model into continuous evaluation wherein current assessment is added upon

previous assessment in the same control group as a form of measure of effectiveness from

previous learning upon new environment (Craig, 1996) and therefore extending application

with repeated measurement..

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The taxonomy of DQC has four levels: Plan, Do, Check, Act (PDCA), which touches all

bases by thinking, doing, checking and acting. DQC was perhaps the only sustainable and

widely acceptable learning model as well as its control charts application in error correction,

and increasingly adopted by Japanese industries and American universities (Herreid, 2009) as

its nature resembles Socrates prompting method of engaging by constructivism within peer

collaboration and the trainer’s role as facilitator (Areeda, 1996). Prompting students in thinking

and same time, the uses of concept maps engage their listening to follow the logic being drawn.

In Level 2, ‘DO’ refers to ‘try out’ or practice before implementation, another requirement in

Good Manufacturing Practices. In the context of training the tool that engaged trying out

scenario plans for possible best out-comes. In Level 3, ‘CHECK’ reviews if work had

performed accurately. To verify, it involved more thinking than doing and if something went

wrong, then a return to the ‘DO’ Level is required instead of proceeding to the ACT Level. On

confidence of correctness, the Act Level referred to real actual. Collaborative review of

students’ learning was a form of checking together. The final Level 4, ‘ACT’ was where

nothing must go wrong but in reality, things sometimes do go wrong due to unforeseen

circumstances or negligence perhaps at previous stage. Errors, having identified, are analyzed

and solution determined on Pareto basis (Philips, 1996). In the taxonomy context, this was the

post-test evaluation.

The time-tested success in automotive 4 Levels SOP applies to SSADM practices

wherein IBM Corp. (2011) mentioned the practice leadership of Gane Sarson vis-à-vis Yourdon

and De Marco since 1979. These 4 Levels in a Data Flow Diagram schema represent functional

waterfall effect top-down demarcating context boundary as Level 0, process decomposition as

Level 1, access procedures as Level 3 and database attributes as Level 4 (Excel Software,

2011).

Schema descriptions

An efficient taxonomy might give a balanced metric in four structural levels information

expendably managed along with value add (Philips, 1996) unto students because all bases were

touched through the interlinking dimensions that inspire learning by discovery and accidental

from doing rather than by taught by formal lessons (Edwards, 2011). Allowing criticism and

popular acceptability sort out the best among themselves to produce the best practices to form a

low risk foundation to formulate an industry centric instructional delivery system of FED (Lim,

2012) based on 4 levels of SOP. As there was no difference between producing a product or a

service, producing learning might just be another form of production and a FED taxonomy

revision might be considered along the thoughts of Pedagogy 3.0 (HP, 2012)

From the art of formal classroom delivery to real social challenges, the taxonomy intent

was to lead in thinking about thinking without motivating by recitals but to identify practices

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that sustain interest in creative teaching. This had led Hewlett-Packard into a macro

collaborative global cluster network of educational value chain known as a catalyst initiative

(CI) to produce best practices for future STEM educators for 21st century students (HP, 2012).

GZ, being 21st century borne are a collective cultural force that might demand pedagogy

taxonomy suits their learning needs along with the ongoing social e-learning culture. Therefore,

learning outside of lecture room had to be seriously considered by higher education and

reflective in revising the taxonomy to 4 levels.

About this discussion on FED taxonomy revision initiative, the structure concept maps

had already taken effect in current levels seen in Figure 3. The natural progression suggest

revision from six to four levels indicated in column 5 of Table 2: Level-0 remains, Level-1

consolidates previous two stages of Understand and Analysis, Level-3 consolidates two

previous stages of Application and Synthesis. Level 4 assumes previous Evaluation stage. The

parallel importance of revising the taxonomy was to complement Gane Sarson to improve

communication with end-users in determining functional specifications especially for higher-

level applications with a structured concept mapology system demonstrated in Figure 3 by the

revised FED taxonomy according to Avison and Taylor (1997).

Table 3 FED Structured Concept Mapology Taxonomy

Industry SSADM Summarized FED System Prototype Specification Reference

Practices Gane Sarson FED Taxonomy

Objectives

Structural

integration &

processing

Communication with SSADM practitioners

Level 0: Context to

application

Contextual map for WHW (Excel VBA scripts to combine plot

Fig 2-4 to form Fig 1 )

Level 1 Decomposed

DFD

Decomposed concept maps ( Excel VBA scripts for retrieval

rules to individually plot Fig 2-4)

Level 2 DIADs/

Pseudo English

Decision tree map (Excel VBA scripts for retrieval rule to

illustrate Figure 5)

Level 3 Data stores

Database layout (Access database conventions for voucher

entry system based on standard double entry accounting book

keeping rule for 11M+3S database in Figure 6 )

Concluding Significances

The advent of technology for education that redefined instructional pedagogy for STEM

through Pedagogy 3.0 might be expected to come upon FED through revising its taxonomy and

therefore raising prospect of machine based teaching/learning of FED. Converging learning

towards machine centric instruction might satisfy social motivation as suggested by the

growing reliance on learning outside of formal lectures. Perceivably, the blueprint for machine

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teaching and learning of FED might require a taxonomic design that considers blending of

computer generated decomposed structured concept maps and rules that update and retrieval

from integrated databases.

Micro CI initiatives seen in some non-STEM initiatives (Accurate, 2012), seemed very

possible for taxonomic effort to institute computer based FED learning towards achieving

WHW competence in the learning of FED relative to the larger success of HP’s CI and

Pedagogy 3.0. In doing so, critical thinking techniques for decision-making might see

advancement towards metacognition in developing knowledge management to recollect, reflect

and applying prior learning (Doug, 1998). Given the advent of computing technology, revision

on taxonomy about thinking about learning might be what might excite GZ thinking about how

their learning might be facilitated. If instructors choose to synchronize with GZ about their

ways of wanting to learn by social constructivism, what might be the appropriate timeliness to

train facilitators in new ways of engaging the way GZ thinks?

Additional support of that implication is relied on GZ demography’s inclination towards

computing technology which form the basis of machine based learning seen in Pedagogy 3.0.

This implied that changes in learning styles seems to converge towards technology enabled

learning and teaching; evident by recent CI for STEM as expanding network technology

becomes the imminent motivating induction factor for incapacitating social learning in teaching

and learning about thinking in FED. Felder and Silverman (1988) suggested learning style is

not static but fluctuates within a possible matrix of thirty-two dimensions of learning and

teaching styles according to the type of motivation received to trigger the motive for the

learning behavior.

How students might be positively incentivized by taxonomy, influence upon pedagogy

has been seen in CI and Pedagogy 3.0 such that the wholesome involvement of all variables

mentioned in this paper favoring revision of the current 6 levels taxonomy to 4 levels. The

taxonomic arrangement of 4 levels represented in Figure 2 while complementarily synchronize

with the leadership of Gane Sarson SSADM will favorably position the design for

advancement whenever Gane Sarson advances or perhaps advance ahead with machine learning

for machine based learning towards metacognition development.

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PAPER 3

Methods to Discover Learning

Author: Matthew Goldman Kimher Lim

Adapted from Chapter 3 of unpublished PhD Thesis, “Market Driven Pedagogy for Financial Economics

Decisions – An Exploratory Study.”

Abstract - The methodology used the Repeated Measure design with a series of analysis of

data mining approach onto an empirical database created by an existing research instrument.

The analyses used were Delphi, Paired t-Test, one-way Repeated Measures ANOVA and

Bayesian transformation procedure to determine a pedagogy index (PI). PI considered only the

cognitive and affective motivational variables for learning. Analysis of Conative and Social

motivation variables were for providing secondary support for discussion and further reasoning.

Introductory Theoretical Framework

This paper discusses the rationale for adopting the One Way Repeated Measure design

methodology, samples and sampling procedures, instrumentation, the procedure to conduct the

study, data mining method and presentation format of findings that focus on understanding the

pedagogic progress of the FED program after a series of FIS treatments. The need to view

existing information from different perspective had re-dimensioned existing data with Delphi

and therefore the theoretical rationale upon the purposive samples demographics and survey

instrument as the objective is to ascertain pedagogic effectiveness that enhances graduate’s

employability.

The construct from both Set Theory (Potter, 2004) and structural functionalism theory

(Parson, 1975) offered the ground base for the theoretical framework. They identified nine

main DVs used by the study within the framework construct for ascertaining the IV, which is

the PI. These DVs were re-dimensioned into SVs in Figure 1 and elaborated in Figure 2 for

better understanding of their essence in measuring the effectiveness of MDP of FED.

Understanding several unchallenged theories and philosophy about motivation for

learning gives a significant backdrop in designing and delivering instructional pedagogy,

including adopting attributes in the variables of constructivism and behaviorism. As this paper

aimed to understand the many theories and philosophy from various perspectives, it also drew

on few things like what challenges lie ahead of fundamental training, organizational behavior,

culture and some successful experiences to make some comparison from which, suggest how

learning might be enhanced. The discussion of educational psychology theories in learning

might vary according to the dynamic of the environment that motivates interns.

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In summary the equations of the variables for pedagogy in Figure 1 was to express an

effective pedagogic force field of items such that in Figure 2, the items have been expressed as

(B1+B2+B2) + (C1+...+C) = (W1+…+W13). If viewed in the force field dimension after the

items were reclassified into different motivation types, the equation is seen as (internal pressure)

+ (internal support) = (external expectation). Deficiencies from the top side of the equation

were seen as causing pressure to learning. When the combined forces from the variables on the

bottom side exceeds the combined forces of the top side of the equation, the pedagogy

effectiveness had produced better interns’ capabilities.

Sets theory

According to Potter, (2004), Set theory, is a first order logic that characterized any broadly

well-defined formal system. The set theoretic characteristics therefore gave foundation to

various set orders for combinatorial and determinacy through separatism principles for

collection by means of reduction, deduction, and addition. Its thinking had been most relevant

for mathematics of data mining because of its inherent robustness in relational datasets. As a

result, the Set theory thinking has been widely applied to this study for deciphering the

empirical database with appropriate data mining techniques to initiate FED taxonomy revision

and thoughts for human capital in Johari Window for a separate paper. While Set Theory had

assisted grouping of RO and RQ by stakeholder domains, it also complemented HIPO thinking

(IBM, 1974) for setting up the conceptual framework of the study as well as the conceptual

macro MDP model in a separate paper.

Delphi Process

Cognitive Affective Conative Social WIDE CPD

Legend: smaller ring within larger ring denote sub variables of a belonging to its domain set of variable

Figure 1 Theoretical framework of the study

No

Subset

No

Subset

CPD

Constructivist Behaviorist

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C1 C2 C3 C4 C5 C6 C7 B1 B2 B3

Intern’s constructive DV

internal constructivism (internal support)

Intern’s behavioral DV

internal behaviorism (internal pressure)

Extrinsic CPD

W1 W2 W3 W4 W5 W6 W7 W8 W9 W10 W11 W12 W13

C1 C2 C3 C4 C5 C6 B1 B2 B3 C7

cognitive DV affective DV conative DV social DV WIDE

Interns’ capability (intrinsic)

Extrinsic CPD

W1 W2 W3 W4 W5 W6 W7 W8 W9 W10 W11 W12 W13

Interns’ DV items

cognitive DV

C1 = Concept mapping SV

C2 = Decision Tree SV

C3 = Knowledge retrieval SV

affective DV

C4 = Facilitation SV

C5 = Seminar SV

C6 = Workshop SV

conative DV

B1 = Career SV

B2 = Personality SV

B3 = Structural Functionalism SV

social DV

C7 = Internship SV

Legend: DV=dependent variable, SV=sub-variable

CPD DV items

W1=Motivation

W2=Enthusiasm

W3=Attitude

W4=Professionalism

W5=Work Quality

W6=Ability

W7=Cooperation

W8=Independence

W9=Acceptance

W10=Prospect

W11=Reports

W12=Dissertation

W13=Creativity

Darkened area represent is not within pedagogy index measurement. The necessary transformation of

variables o measure pedagogy effectiveness

Figure 2 Datasets before and after conversion

Structural functionalism

Parsons (1975) mentioned that in structural functionalism, society functioned as a set of

systematic structure, shaped by its resources: natural, human and/or induced capital (e.g.

foreign direct investment). For the social structure to sustain and build momentum there should

be no conflict, which in this study meant there should be no impending shortage of human

capital. As a result, HE strategy had to address that end together by CRM dialogue with

industries and perhaps human resources ministry to identify appropriate MDP for a harmonious

Force Field before conversion

Force Field after conversion

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functional society structure with equilibrium human capital. An imbalanced human capital

structure might cause skill migration or invite importation of skills as an intervention. Gerber

(2010, p. 19) was among recent support for Parson’s structural functionalism theory that as a

whole, society needed human capital structure with intervention strategy to avoid conflicts.

Re-dimensioning variables

This exploratory study rationalized the variables’ Force Field relationship that relate to

enhancing graduates’ employability. Relating the process was necessary due to the limitation

and ethics of the study, which required continued use of existing research instrument that had

the constructive and behavioral variables as original because they existed. Since all items were

either constructivism or behavioral, therefore to identify which items were responsible for

motivating learning, the items were viewed from another dimension. To enable that, some sort

of reclassification was necessary.

Zhang and Sternberg (2006) with Riding and Sadler-Smith (1992) mentioned that

cognitive styles were dependent on individual learner’s inclination in learning, which the

learners’ mental faculties have developed over time in conditioning cognitive patterns that suits

these individuals. However, the time variable in cognitive dissonance was not isolated but

associated to other dimensions such as the interest in FE in order that it might reinforce by

affective means. Garay et al. (2006) inferred the mind as equivalent to that of a thinking

machine that responded to external stimuli such as clues to assist thought process of mental

evaluative search for best possible respond to situations.

The background of the study mentioned industry had advocated for graduates fluent with

workflow and cause-effect capability. Having them might improve their better employability.

The development of this fluency had its beginning from Socrates style of stimulating students

in retrieving evaluative knowledge (Garay et al., 2006; Picard, 1995) was useful in FIS so that

measurements between occasions were made to ascertain if FIS was responsively effective in

getting students to reach further into their mental state. Therefore, the SVs: concept mapping

and decision trees were practiced and checked for improvement in their usage as decision

thinking tools. While the affective variable as a powerful dimension to assist cognitive

dissonance (Krathwohl, 2002), the motivation to think for learning was also attributable to

conative factors; which was not within assessing the pedagogy index in this study because it

was beyond FIS.

Nonetheless, conative as a powerful intrinsic motivation represented the ‘will to learn’

from within students (Damasio, 1994; Alexander et al., 2002; Huitt, 1999). Developing self-

determination of will’ as an emotional state was beyond the MDP because to take interns

towards this state certainly was not within the curriculum, even though career ambition,

lifestyle and personal aspiration were checked in the research instrument. The other variable

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beyond FIS was social and the items that measured this aspect depended on assessment of

social network at internship which itemized in the research instrument.

Force Field in motivation for learning

Lewin (1951, 1997) developed Force Field Analysis (FFA) as a visual aid to present forces for

and against a problem situation. Since then FFA found diverse uses to supplement and

complement existing and new planning techniques. In Kumar’s case study (1999, p.3), a group

of education managers used cards of various colors and sizes to represent different types of

forces in driving and restraining primary education by placing those cards at various distance

from perceived point of difficulty in achieving learning objectives. From the frequency

distribution, it was visually ascertainable where the restrains were, without using the FFA tool.

On the other hand, Schwering (2003) varied FFA by combining it with the prompting

techniques of McKinsey Consulting’s “7s” described by Waterman et al. (1980) to demonstrate

FFA had guided organizational change. The process found that categories of force field did

interlink each other and therefore were not mutually exclusive.

Motivate stimulates emotions according to Maslow (1954). An intern who studied to pass

might be referred to as extrinsic motivation whereas study for knowledge might be considered

intrinsic motivation. When an intern transferred to the FED program with good grades, it

signified wanting to compete as compared with a transferee who transferred due to low grades

as an alternative.

The motivational variables were reclassified by Delphi method to measure the PI because

in their original state, the items were unable to measure motivation for learning. Of the four

variables measured, two were affective and cognitive because only they directly related to FIS.

The conative and social variables were also measured as they influenced learning beyond FIS

through CPD. The perspectives of motivation theories were explained in the following two sub-

sections: (a) extrinsic motivational perspectives and (b) intrinsic motivational perspectives,

right after defining the motivational variables.

Affective motivation as interns’ construct referred to what the interns thought about a

lesson’s value in relations to their learning at CPD and WIDE (Brewin, 1989 p. 381; Krathwohl

et al., 1964). Inherently, this intrinsic aspect of learning was important to counter the force field

aspect to meet CPD’s extrinsic affective expectation (Balliene, 2005). Cognitive on the other

hand referred to the thinking process of mentally validating information received by listening

to FED cases, watching information reaction in computer displayed upon new inputs (doing) or

trying to understand requirement at CPD (Feist & Rosenberg, 2009). The intrinsic motivation

aspect of cognitive signaled interns’ confidence from understanding FIS (Schunk, 2008) which

interns might use to counter extrinsic cognitive requirement to meet work instructions at their

CPD. Affective and cognitive interweave each other in FIS as intrinsic motivation working

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together to counter extrinsic affective and cognitive requirements at CPD in demonstration of

the FED pedagogic effectiveness.

Huitt & Cain (2005) mentioned conative aspect of learning as interns’ personal desired

level of knowledge. While achieving the capability of value proposition from the three high

value questions using the ‘BEEE’ capstone process as the learning objective outcome, intrinsic

motivation was psychometrically measured by confidence level with practices during case

facilitation while the extrinsic motivation aspect was similarly known by confidence in

applying learning.

If learning outcomes from FIS were inadequate to timely meet the extrinsic conative

expectation at their CPD, then interns might have not received enough practice. The practices

were to retrieve knowledge adequately to overcome the extrinsic force field at their CPD. By

that the intrinsic trilogy of affective, cognitive and conative (Hilgrad, 1980) were compared

against similar extrinsic trilogy from the extrinsic part of CPD to evaluated learning (Damasio,

1985). Additionally, the trilogy determined how the force field of workplace expectations might

be harmonized (Vroom, 1995). As learning at CPD were beyond FIS, it constituted motivation

by social factor ranging from perception of how relationship at CPD had contributed to learning.

How interns’ viewed relationship at CPD were matched with how CPD viewed interns’

behavior at work in relation to their learning from cooperation, independence, technology

competence, and an overall blending into their workplace (Huitt & Dawson, 2011).

Synthesis of motivation from constructivism and behaviorism

Constructivists argued that knowledge was derived from experiences and ideas. Behaviourist

learning theory highlighted knowledge as key objective because they exist, and therefore still

require proper criteria to measure the learning outcomes. Grolnick and Ryan (1989) concluded

that examination had acted as external control to interns. It meant that the CPD aspect of the

pedagogy still required formal evaluation to gauge interns’ ability. Despite many criticism of

exam-oriented system, there was still a behaviorist belief of external control that looked at from

two angles of motivation, reward or reprimand. Cohen (1999) and Galanouli (2004) suggested

that the constructivism model of learning and instructing got the shift from behavioral

psychology to intrinsic and context base learning during the post-industrial information of

American society. The facilitator becomes the facilitating bouncing board using Socrates

prompting method (Areeda, 1996) of ‘what comes next and why’. It is recognizing a flow of

causal effects (Ishikawa, 1985). All flows principles have this motivational basis

(Hollingsworth, 1995, p. 56; Mizuno, 1988; Ishikawa, 1985) e.g. work flow and system flow

theory. It gave birth to one single key dimension in learning which was to stay engaged.

Piaget’s (1950) constructive learning concluded that the intern by being encouraged to

raise queries through the ‘trial and error’ process have improved their level of understandings in

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relation to the real world. Vygotsky’s (1978) social constructivism theory placed emphasis on

‘activities’ and ‘socializing’ as more important factor in psychological development that bridge

the individual’s actual development as supposed to collaborative learning within his peer group

because these two emphasis have caused one to learn unknowingly (Wertsch & Sohmer, 1995).

Bruner’s Discovery Learning (1961) depended on existing constructivism theories to discover

learning models in which the trainer’s role was limited to facilitating curiosity in exploring the

unknown on pre-exist knowledge within his/her peers; approval in accepting his/her views and

together advance knowledge from that point.

Bloom’s taxonomy (Anderson et al., 2001) enhanced model of knowledge structures

represented the cognitive domain development from the low-order skill to the high-order skill

with basic requirements from remembering information and understanding the knowledge.

These four constructivism theories provided further idea in framing MDP of FED, which

altogether suggested that intrinsic motivation encourages capability and experience. In doing so,

instructional methods were encouraged to be structured and organized in a coherent step up

manner to assist understanding, usage of pre-exist knowledge to bridge the gap between old and

new knowledge for constructing new information. This constructive direction enabled interns to

choose the useful information that best organize their learning using the variables items of

decision tree for retrieving knowledge for practicing the new information and thereafter feel

confidence with the information for constructing new knowledge.

To modify behavior, society’s structural functionalism might vary according to their

fundamental differences; culture, norms, languages and religious beliefs according to what

might motivate and what might influence. In this sense, constructivism might be able to

achieve greater result if structural functionalism was structurally localized (Chan, 1999;

Parsons, 1975), hence confirming certain extent that while behavioural and constructivist

theories were not entirely taken out of western context, keeping interns engaged remained the

key to learning. What then might be a low risk fundamental platform can be organized to

develop learning knowing that the fundamental of engagement might rest largely in the ability

to build upon pre-exist knowledge because only when new information matches some of the old

schemes, then new meaning might register.

In the interns’ environment, factors that are more social might be required to meet an

individual’s needs within the group and sometimes to conform to social norm. When a group

consists of all slow interns, might it sustain motivation? When intern groups were formed by

the facilitator according to certain criteria, what polarity dilution might that minimize when

constructive structural functionalism was considered to produce ethos when CPD was

purposive to register new meaning learning rather than just the objective of knowledge. Had

ethos held higher or lower when constructivism was considered? Had meaning making been

more important than the objective of knowledge? Which precede which? Behaviorist learning

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theory highlights knowledge as key objective because they exist. Theoretically, constructivism

might be popular because it valued an intern’s individual, direct experience in meaning making

that resulted in higher learning outcomes (Hopkins & Mel, 1993). To develop a constructive

structural functional instruction model, the facilitator had to find a right way to sustain

engaging interns and the medium of engagement was to be involved by doing as that might act

as a magnet to draw attention and sometimes to connect (Peter et al., 1997). Additionally, the

composition of such constructive structural functionalism approach requires experience and

skills, which suggested that the dimension of collaboration between interns and facilitator to

improve the engagement process was to produce effective learning by bringing out the ethos of

the whole thing (Hopkins & Mel, 1993).

Reiss (2012) suggested that whether it was intrinsic or extrinsic, motivation was likely to

fail in three basic scientific criteria. Firstly, the difference between these two motivations, being

constructive was already invalidated because people’s have reasons for their motives and it

might be totally wrong to classify them as either one of the two when their true reasons was

unknown. While a different group of people might see it as extrinsic, others might view it as

intrinsic. Reiss mentioned cognitive and behavioral measurement of intrinsic motivation might

produce diverging results due to subjectivity and therefore unreliable; hence violating the

second criteria. Thirdly, the attraction of reward might distract originally intended intrinsic

motive to enjoy the fulfillment process of those associated activities. From the violation of

these three criteria, studies on intrinsic-extrinsic motive had instead applied sixteen universal

reinforcements onto containing the original intention of these two basic types of motivation. In

relation to the study, the clarity of the original classification of variable items as either

behaviorist or constructivist were prone to distortions when it involved identifying effective

instructional pedagogic intervention as reinforcement for learning when these two

classifications were transformed to what each of these two actually might refer to.

As the FED program had CPD as one part of its program to assimilate interns into their

gainful career, a survey by Kuchinke et al. (2011) on 1500 mid-level professional employees

across eight countries tested five hypothesis, which found support for conative motivation. This

further suggested the difficulty of identifying intervention factors to design instructional

reinforcement because conative might be beyond FIS and difficult to remove or limit its

influences onto intrinsic or extrinsic motivation. Conative might involve values that are

particular to different cultures; life styles, family values, religion and community involvement.

In their survey, Mok and Crawford (2012, p.13) concluded six Asian nations required different

training delivery styles to suit their corporate learning cultures.

The conclusive advice by Reiss (2012) to not dwell deeper into identifying between

intrinsic and extrinsic motivation in pedagogic effort but instead focus onto identifying the

types of reinforcement that might effectively serve learning for different agreed with Mok and

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Crawford’s findings. While do so, avoid the subjectivities from conative influence upon either

intrinsic or extrinsic motivation as that was beyond control in the design of intervention to

reinforce learning. Covington (2000) too had contention that intrinsic versus extrinsic

motivation in education might have consumed excess time; that a reconciliation was necessary

to just focus on students’ interests might be more strategic in bringing about effective teaching

and learning. Since the sample for the study belonged to GZ, it was worth noting the samples

behavior towards extrinsic and intrinsic values given rising affluent and multi-cosmopolitanism.

Twenge et al. (2010) in their studies have cautioned the risk of differences in work values

between older and new generations. They observed in the new generation, a rising expectation

of extrinsic values, which include more time for leisure and social bonding.

Ethos in formal lessons, CPD and WIDE

According to Freiberg (1999), all things come together to cause learning that might manifest all

round success to meet most expectation. Hopkins and Mel (1993) redefined ethos as the

wholesome explicit and implicit composite of aims, principles and expectations that pedagogy

had made up to enable orderly learning with a sense of removing negative force field that were

against learning. It encompassed learning materials, tools, equipment, trainers and their

learning objectives that touched all bases. When ethos at CPD environment had the ambience

to encourage relationship at work, it allowed for access to information and resources via

displays and documentation to enhance FED learning and therefore reduces extrinsic pressure

from CPD. Additionally, ethos at CPD enhances interlinking motivational variables that were

related to behavior and constructivism in MDP of FED by creating a ‘fabric of support’

(Freiberg, 1999) for a positive environment that harmonizes co-existence of learning and CPD

training.

From Freiberg’s point of view, ethos was one important factor to strengthen the weaves

in pedagogy. Maslow (1954) had it that our most basic needs were to survive. Due to the three

components in the FED program, formal lessons, CPD and WIDE, then the ethos in

experiential learning was more resource-intensive than traditional lectures when impact from

ethos was considered. With this point, therefore, the FED program supposedly might be self-

direct autonomous learning so that interns’ intrinsic motivation built-up might rely less on ethos

in securing their economic future.

SV items were about seminar/workshops with case instruction using concept map and

decision tree. In order to build a constructivism learning ethos, the variables of seminars and

workshop facilitation methods by cases that use of concept map, decision tree thinking have

engaged intern. In addition, the medium of engagement through mandating CPD was the reason

of connecting knowledge through practice in actual relevant work. The constructivism variable

had items that measures this aspects such as decision tree and concept map learning to train

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knowledge retrieval, and the seminar/workshop facilitation to practice those retrieved

knowledge (Beel, 2010). The reason for knowledge construction might wholesomely motivate

interns who wanted to learn and contribute to the pedagogy, the facilitator who wanted to

depart knowledge and to improve on it and society that encouraged building the particular body

of knowledge (Parsons, 1975). This totality might interlink employment reality to the FED

program with extension into CPD to enhance effectiveness in learning practices.

Despite differences in organizational structures, the pedagogy environment must be

homogeneous and stable to construct learning or to create an intern-centered ethos. Along the

process, both interns and their CPD companies have respected each other’s learning culture; the

paramount of which have made known that needs must be met by both interns and their CPD

companies. When an intern entered into a CPD engagement and felt a positive ethos and sense

a real culture of cooperation and achievement, his/her intention was planned instead of

incidental. Organizational behavior and culture at CPD might highlight unchallenged theories

that as supposed to thinkers whose theories’ acceptances vary. With regards to instructing

interns in different settings (Cooper & Henschke, 2004), some form of holistic total quality

management approach for interns to embrace a sense of worth about the program, thinking

methods, mental development, as well as emotion and behavior to accord the FED pedagogy

index. This was despite the WIDE variable, which had no environment except the ethos of FIS

and CPD. Therefore, in composition they construct the pedagogic principles that gave reasons

(Hopkins & Mel, 1993) to suggest collaborative CRM with CPD companies. In doing so, it

allowed the study to understand better about CPD expectations for guiding interns in their CPD

practice (Hon & Brunner, 2002). The engagement process of producing effective learning

therefore brings out the ethos for the MDP of FED because an intern-centered pedagogy

emphasizes that for learning to be driven from within, learning happens in a cooperative

environment. CPD allows both company and interns to know each other in the event both

company and intern decide to continue their work relationship after CPD (Zhao, 2012).

According to Cooper and Henschke (2004), exposing interns to CPD might provide confidence

in designing expectation to escalate interns’ learning to achieve more without excessive

information.

Localization as part of ethos was to be among key success criteria for instructing interns

(Papoutsaki, 2006; Fan, 2011; Biallas, 2007). Cultural influence played a significant role in

defining lifestyle including behavior attitudes towards work, play, family values and learning as

evident even within the same country. This one variable might modify interns’ expectation.

Because of that, the FED program design for interns was not generic. That was the most

important assumption needed to deliver the FED program according to various settings in

different region (Ottewill, et al., 2004; Petrozzo & Stepper, 1994). Also by McGregor’s (2006)

Theory X & Y, interns’ willingness to learn and accept responsibilities vary according to

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situations and therefore the modifiers to motivate learning had to localize related variables in

constructing pedagogy (Kerka, 1994). This opens the interesting question of why and how

interns learn because according to Knowles et al. (2005), the adult entertained many matters in

his/her mind at the same time assigning priorities of responsibilities. Blakely and Tomlin, (2008)

suggested that the ability to keep interns engaged, reflects an effective pedagogy (Zinn, 1997).

However, what engagement method might intensify to initiate the same debate in learning

method? While ethos might compose of motivational forces to encourage learning as reflected

in the way social relationship connected learning materials, tools, instructors and objectives

collectively touching all bases.

In totality, an ethos that produced effectiveness might manifest all round success to meet

most expectations. In order to secure employment for both intrinsic and extrinsic needs,

Maslow (1954) suggested that most of our basic needs might be met to survive in society and

our individual value might develop further (McGregor & Cutcher-Gershenfeld, 2006). This

claim had sufficient research evidences to support the notion that although some pedagogy

practices were more effective than others, interns who transferred to the FED program might

expect to receive knowledge and seamless integration to industry structure, and feel their

investment worth in education to begin a meaningful career.

Learning styles

Felder and Silverman (1988, p.675) suggested that from the many dimensions of learning styles

that varies according to their senses, thirty-two were identifiable in the conceptual framework

of their study in Table 1, and therefore, corresponding a teaching style to the learning profile of

the majority might offer an interesting challenge. Kolb’s (1984) experiential learning theory

model identified four types of learners within two groups. They are, doers and thinkers, while

the other two fell in between.

Table 1 Dimensions of Learning and Teaching Styles

Preferred Learning Style Corresponding Teaching Style

Sensory Perception

Concrete Content

Intuitive Abstract

Visual Input

Visual Presentation

Auditory Verbal

Inductive Organization

Inductive Organization

Deductive Deductive

Active Processing

Active Student participation

Reflective Passive

Sequential Understanding

Sequential Perspective

Global Global

Adopted from: Felder, R. M., & Silverman, L. K. (1988). Learning and Teaching Style in

Engineering Education. Engineering Education, 78(7), p. 675

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Despite Kolb’s firm stand that learners should choose a particular learning style that fits them,

of late that basis had reformed with learners should touch bases in all four styles. Therefore,

there was no strong justification for teachers to adjust their instruction to fit particular learning

styles as rearranging people might raise ethical issues in rearranging people (Willingham, 2009).

From this perspective, Glenn (2009) thought that there seemed to be more instability in learning

theories. Was Kolb unsuccessfully in adapting ELT to Deming’s Quality Circle? Also in

Revell’s (2005) interviews: Guy Glaxton, Frank Coffied, John Geake, David Hargreaves,

Baroness Greenfield and Richard Mayer were unsupportive of definitive learning styles.

Interestingly Knowles et al. (2005) summarized the core adult learning principle as one

without interfacing with organizational development and redevelopment, the latter which was

the current movement as the internet had brought the world closer, the hasten pace of

globalized trade and metropolis rediscovering themselves after financial upheavals. In addition

to this discomfort missing link to organizational redevelopment which impacts the need to

retrain whenever economics shift to higher values, how does that influence the new age of

learning methods ? When adults were affirmed (Knowles et al., 2005; Holmes & Abngton-

Cooper, 2000) as increasingly self-directing, it was not defined to what extent was meant by

self-directing as no settings were discussed.

Bloom’s Taxonomy, which centered design of learning initially upon cognitive (Bloom

et al., 1956) and affective (Bloom et al.,1964) domains, added psychomotor to construct a

structure of learning method and evaluation (Anderson et al., 2001). Notwithstanding

psychomotor, the cognitive and affective domains sufficed for this study. Additionally,

technology advent became the catalyst for pedagogic shift towards constructivist principles and

techniques (HP, 2012), and therefore leveraged Bloom’s Taxonomy timeless popularity into

social constructivism from a much earlier argument for pedagogy that had favored Skinner’s

behaviorist model in HE (Holley & Oliver, 2000, p. 14).

Qualifying Assumptions & Justification

Statistics being estimation required data variability reduction as much as possible to obtain best

possible answer (Levine et al., 2013). Unlike most clinical test environments with control group

availability, many situational and practical studies might not have budget expense for control

group, yet they did well without using control groups (Cengage Learning, 2011; Beyond ROI,

2011). Additionally, getting overly statistics might oversight reality that might be identifiable

otherwise by observations of directions shown in charts or less numbers presented in ways that

make sighting differentials easy (Tukey, 1972).

The study used purposive sampling technique, as that was the most suitable means to

reduce variability given its intent to study the effectiveness of potential specific students groups

that might chose to transfer to the FED program. Only twenty-five purposive samples were

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provided, as they were all that were available to meet the strict demographic condition. In

addition, in the course of a challenging professional program, by the time students arrive at

QCF7 fewer might have qualified, as QCF7 required passing the final four of a sixteen exam in

a professional accounting program. The purposive sample of twenty-five students having

envisaged their passing chance had opted to hedge with a top-up degree program before

attempting QCF7. While the advantage of purposive sample reduced variability with strict

demographic criteria, its limitation might find difficulty to replicate the study or use its

outcome due to the difficulty to find another study with similar demography. Given the strict

common demography of samples mentioned in Table 2, the purposive samples qualified for a

normal distribution because being not randomly sampled, they had reduced variability for

analysis. Although thirty was the theoretical minimum sample size; however, that was for

random sampling method which the study was not using.

Table 2 Sample Demography

Gender Category Age Group Size

Ladies Passed Level 10 Accountancy 21-22 15

Men Passed Level 10 Accountancy 21-22 10

Due to agreed ethics to reuse the same research instrument, factor analysis was negated

as well as a pilot study that might have involved iterating questionnaires testing and factor

analysis. The reason according to Sternberg (1990) was because the orientations of factorial

axes for a given solution as in terms model fitting was proven useful in distinguishing among

factorial theories. That was because the interpretation of heuristic factor scores from the

loadings contributed by all variables had made it difficult to replicate across studies. Moreover,

more than one interpretation might be derived from the same data factored which factor

analysis cannot causally identify (Darlington, 1973). Additionally, dataset can seem to cluster

in ways that might be subjective to different researchers and this might obscure factors that

offered further discovery of interesting cluster relationship; certain things might be more

effective for different purpose. Adding to above reasons, since purposive sampling replaced

random sampling, and ethics have agreed to reuse existing questionnaires, negating factor

analysis was therefore justified to assume normality in questionnaire items.

Data mining was justified in addition to the fact that the datasets which had only

categorized each questionnaire as either behaviourist or constructivist while CPD

questionnaires were on its own (Tan et al., 2005). Past practices of just having classified the

variables’ items as either behaviourist or constructivist was due to the ease of evaluating force

field Pareto ratio 80:20 between behaviourist and constructivist against CPD’s composite. A

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higher ratio favouring constructivist was preferred as gauge of instructional pedagogy

effectiveness in Table 3.

Table 3 Computation Procedure for Pedagogy Index (IV) before conversion

Rows Col 1 2 3 4 5 6 7 Matrices Computation

procedures, Period k

t=1,3

1 On

All Men Ladies

CP

D 2 B C B C B C

3 O1 For (i, j) = (3,1) to (5,6) compute Harmean where

= behavioral and constructivism attributes scores

according to All, men only and ladies only

Harmonic Mean =

H k t 4 O2

5 O3

6 For (i ,j) = (6,1) to (6,6) Let Pareto distribution be 20 | 80 for B | C Pareto Distribution 7 O1 Pareto distribution equal over 3 periods i.e. 20 / 3

for B | C

Probability distribution

(assigned) Pkt 8 O2

9 O3

10 O1 For (i, j) = (10,1) to (12,6) joint as (3,1 x 7,1) to

(5,6 x 9,6)

Joint Probability H k t.

P k t 11 O2

12 O3

13 Effectiveness Expected Value of Joint Probability Ê

13 Effectiveness Expected Value of Joint Probability Ê

Ê k t

14 All (B+C) Men (B+C) Ladies (B+C)

15 O1 For (i, j) = (15,1+2) to (17,5+6) add

(10,1+2) to (12, 5+6)

16 O2

17 O3

18 Harmonic Mean Discounted probability

Improve over last

assessment Hpn = 25, k

t

19 O1 For (i, j) = (19,1+2) to (21,5+6) compute

Harmean of self-rated improvement over

last assessment by All, only Men and only

Ladies

20 O2

21 O3

22 Effectiveness Adjusted Value Ē

Ê k t. Hpk t 23 O1 For (i, j) = (23, 1+2) to (25, 5+6) joint as

(15, 1+2 x 19, 1+2) to (17, 5+6 x 21,

5+6)

24 O2

25 O3

26 Cumulative Pedagogy Effectiveness, CPE

26 Cumulative Training Effectiveness, CTF

Ē k t / ( H k t. P k t )

27 All Men Ladies CPD

28 O1 For (i, j) = (28,1+2) to (28,5+6) divide (23,1+2)/

(10,7) to (23,5+6)/(10,7) 1.00

29 O2 For (i, j) = (29,1+2) to (29,5+6) {[(24,1+2)/ (11,7) +

X1 result]} to {[(24,5+6)/(11,7) + X1 result]} 2.00

30 O3 For (i, j) = (30,1+2) to (30,5+6) {[(25,1+2)/ (12,7) +

X2 result]} to {[(25,5+6)/(12,7) + X2 result]} 3.00

31 Training Effectiveness Index

[ CTF k t / CTF 3,4 ] *

100

32 All Men Ladies CPD

33 O1 For (i, j) = (33,1+2) to (33,5+6) divide [(28,1+2)/

(30,7)]x100 to [(28,5+6)/(30,7)]x100 33.3

34 O2 For (i, j) = (34,1+2) to (34,5+6) divide [(29,1+2)/

(30,8)]x100 to [(29,5+6)/(30,8)]x100 66.7

35 O3 For (i, j) = (35,1+2) to (35,5+6) divide [(30,1+2)/

(30,7)]x100 to [(30,5+6)/(30,7)]x100 100.0

This table is about Excel® instruction and is to be read as the array of ‘i ‘ denoting row 1 to 35 and

‘j’ denoting 1 to 7, e.g. replace the space of; Row 3, Column 1 to Row 5, Column 6 with the

computation instruction from this table.

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The justification for this approach was to discover what hidden empirical data might

inform since existing instrument had only constructivist and behaviorist dependent variables’

items, which does not relate to motivation aspects of learning. This meant that the datasets were

different and has to be re-dimensioned. Still, a further reason was to abide with agreed ethics to

reuse the questionnaires and in maintaining a Pareto distribution between constructivism and

behaviorism. As the ethics disallow relating data to a particular intern, the study was limited to

work with aggregated results of each of the six main variables and its SVs after reclassification.

As a result, observations for differentials in carryover-effects might have to be answered by

cross observations of other aggregates to rationalize counter balanced reasons for negative

differential in crossover effects and practiced-effect. Negative effects might happen for simple

unimagined reasons such as boredom or burn out (Lamb, 2003; Maxwell & Delaney, 2004).

Likewise, observations for differentials in practiced-effects were made from recordings

between CPD and interns. With these assumptions, the study justified to rely on sighting

observations that depart from expectation within repeated measures recordings.

The justification for using Excel® was for RANOVA Bayes’ function (Rouder et al.,

2012) in series of computational effects and formatting presentation that were simply not

availability in other packages. As a high level programming language and not a database, its

freeform risked input control (which might risk inaccurate reference to calculation workspace),

but that was compensated by its better working explanatory for understanding the behavior of

its programming functions. The other set back of Excel ® was its inability to integrate

backwards when VBA scripts used the later version. (Walkenbach, 2013; Levie, 2004)

Research Design, Analysis and Challenges

The study employed OWRM within subjects design method in Table 4 observed growth of

interns’ capability because not all realities of a true scenario were known. The justification to

use OWRM method was due to regular measurements taken from the same interns and their

CPD companies after administering regular treatments of FIS. Table 4 illustrated the OWRM

method whereby each measurement became a baseline for the next measurement to compare

with. Therefore exploring understanding of the Force Field (Lewin, 1997) in the cause-and-

effect relationship between variables and their treatments provided the best evidence about how

something affects another thing in motivating learning.

The analysis was dedicated to process quantitative analysis RANOVA from the empirical

database of harmonized means using Delphi method, Paired t-Test, Bayesian and Pareto

distribution (Arnold, 1983) to produce the PI. The numeric and graphics produced by

quantitative computations were for referenced for later discussion in a separate paper that used

the financial balance sheet perspective in combination with Johari Window to relate human

capital valuation.

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Table 4 One-Way Repeated Measures Design Method

Occasion

1st

4-weeks

treatment

1st

occasion

recording

2nd

4-weeks

treatment

2nd

occasion

recording

3rd

4-weeks

treatment

3rd

occasion

recording

O X1 O1 X2 O2 X3 O3

O = No measurement was taken

X1 = 4-week treatments consisted of per week 2 times 4 hours’ seminar and 2 times 4 hours’

workshop. The seminar explained how students' prior learning fits into the concept maps'

development logic. The workshop practices simple questions to consolidate prior learning.

O1 = Interns complete the survey questionnaires on individual Excel ® file that were then

collated on a worksheet. CPD data were collected and entered by the researcher.

X2 = Treatments expand upon treatment X1 with mini case in seminars and workshops took the

form of discussion groups practice using Excel® software to solve problems from their

CPD experience. Case facilitation at seminars was by prompting. Discussion groups present

their learning in seminar and relate their presentation back to decision trees and concept

maps. Group presentations were open for questions at the end of presentation.

O2= Repeat of O1

X3 = Treatments expand upon treatment X2 with larger case in seminars and workshops took the

form of individual practice using Excel software to solve problems from their CPD

experience. Case facilitation at seminars was by prompting. Individual interns present their

learning in seminar and relate their presentations back to decision trees and concept maps.

Individual presentations were open for questions at the end of presentation.

O3 = Repeat of O1

The study applied RANOVA with a series of computation to fortified force field analysis

discovery of new knowledge about motivation using same empirical data from the same

research instrument instead of making valueless hypothesis (Kline, 2004). The analyses were to

investigate attitude changes in each variable and its SVs for each gender in relation to CPD

companies’ expectation. Changes to look for were divergences, convergences, consistencies in

ranking, correlational analysis, carryover effect, and practice effects. While the ratings’ value

changes seemed not significant or it was difficult to grasp their impacts, the other views to

observe were changes were in the ranking of those variables, their SVs and items in the SVs.

The analyses were also to determine the effect of MDP on rating changes from interns and their

CPD companies on trends in each time interval of repeated measures. The study measured

interns’ capability growth of both the IV and its DVs that defined the experiment to understand

the motivation force field performance of the MDP of FED.

According to Lewin (1997), Force Field analysis measured the strength of the force

from one side to the other side to determine the degree of support or resistance in achieving a

goal. This approach had been widely used in managing organizational re-development through

experimental design to discover findings in internal and external forces for discussing tactical

organizational planning tactical strategy (Thomas, 1985). Additionally, the research design

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used the analysis in Table 5 to complement each objective questions which corresponded to the

research objectives of Table 6. The analysis of the research design poised three challenges

show in Table 7.

Table 5 Statement of Analysis Methods

Method Purpose

Correlation & Ranking of sub-variables of

behaviorists and constructivists

Analyze changes before and after within each SVs

Pareto distribution Pedagogic Index

determination

Pedagogy force field between behavioral and

constructivism

Comparative behavioral and constructivism differences between

gender

Data mining by reclassification with Delphi

method

Discover knowledge of motivation for learning

RANOVA, Paired t-Test & Bayesian for

revised Posterior values

Variance within subjects

Correlation analysis of affective and cognitive

Variables

Analyze Force Field of Variables for motivating

learning

Compare all four Variables of motivation for

learning

Motivational differences between gender

Comparison of information produced by Pareto

Distribution

Differences in pedagogy effectiveness from

variables used

Johari window, Human capital dimension of the

balance sheet

Human capital indication

Comparison between database and external Motivation force field for post-GZ

Table 6 Research Questions for Research Objectives

Research Objectives Research Questions

I. Regarding interns

investigate and assess their

ability in learning the FED

program.

1. What process was taken investigate the reasons for motivational

variables for MDP effectiveness of the FED program?

2. What new knowledge did the investigation process discovered

about interns’ learning including differential crossover effects?

3. What aspects of motivation might be more important in

contributing to knowing the direction of interns’ growth in

learning?

4. Might there be a learning style for MDP and for different gender?

5. Was there additional information about motivation for learning

from external sources?

II. As for CPD companies,

determine the effectiveness

of the program in being

market driven towards

their expectation.

6. What did the variables informed about interns’ practices at their

CPD companies including differential practice effect?

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III. For the higher education

communities related to

FED, determine the

program’s direction and

contribution to human

capital development.

7. What was the process used to demonstrate human capital

improvement with that of MDP?

8. Since FED was relatively new compare to Finance (which

extended from Accounting) and Economics, what might be the

future direction in FE education?

Table 7 Challenges and Resolutions

Challenges Resolutions

I Existing questionnaires developed in 2009 are to

remain status quo to avoid translation risk and

disruption to HE operations as part of agreed ethic.

To overcome this challenge, the Delphi

method reclassified the questionnaires

items to the new set of DVs.

II SVs have unequal items which Excel ® Paired t-tests

cannot compute unequal arrays

To compute correlations between

selective SVs, higher computed level of

each SV had to generate the required

arrays for comparison by Excel ® Paired

t-test.

III There was no generic solver to obtain posterior

probabilities from revised prior value for RANOVA.

The Bayes’ factor for the ANOVA solver was

available for testing of null hypothesis (Rouder et al.,

2012)

In the absence of a generic solver, a

longer Excel ® computation procedure

overcame the second challenge.

Samples and Sampling Procedures

A college that was the only largest professional accountancy-learning center offering a single

type of U.K. professional exam program from levels 0 to 12 provided 25 interns as samples that

met criteria of Table 2. Sampling methods being a crucial aspect of the study had the aim to

obtain a representative sample meaning. Trochim and Donnely (2006) suggested that the larger

the sample size, the least is the sampling error. However, the characteristics of purposive

sampling had characterized homogeneity and therefore had eliminated much variability.

Purposive sampling was the choice of the study to eliminate all variation in interns’

characteristics and behavior to obtain a higher accurate estimate of the effect after the training.

Given that a purposive sample had to be representative of a larger population that can choose to

alternate to a related program such as FED, a high 100% compliance to sample criteria had

reduced bias and variability among interns to enable accuracy of measuring the pedagogy

index. With about 800 students across various levels in its accounting program, the college had

the purposive sample required by the research.

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The criteria for the purposive sample required interns with pre-exist knowledge in basic

economics, accounting, finance and quantitative studies. They must have passed these

preceding course modules and are within the 21 years age group. Only interns who have

completed levels 1-10 were eligible to participate in the study. There were very few interns

taking level 11 onwards as many have chosen to continue in related programs in the U.K. due

to the intensive challenge to qualify as professional accountants given that low pass rate for

each paper in professional accountancy exam (Armstrong, 2012, p.1).

To reduce the threat of internal validity without a control group, purposive sampling had

reduced variability among interns as commercial success of measuring effectiveness without

control group wherein an entire population trained over a short period without a control group

had proven (Cengage Learning, 2011; Beyond ROI, 2011). Additionally Tuckman (1972) had

also suggested not applying control group when there might be no possibility to find a second

comparable school system with similar criteria for change. As a result, the study respecting

ethics did not risk disrupting on-going professional programs by having to break up a purposive

sample group into discriminating groups: some for treatment and some for no treatment.

Therefore, a control group was negated within the 25 purposive samples and the risk of

sampling error avoided so was the threat to internal validity. Although this prohibited

comparison between control and treatment group, its limitation might differ from other study of

similar masses in other region, culture or value system.

Instrumentation

The existing questionnaires developed in 2009 were required to continue to avoid disruption to

operations as part of agreed ethic. Allowable minor modification was measurement scale of 0 to

7 to the scale of 1 to 10, 1 for ‘totally disagree’ and 10 for ‘totally agree’ (Edwin & Latham,

2006). Conversion to metric scale of 1 to 10 was necessary to facilitate seamless transition for

later use in Bayesian computation. Two sets of instruments were used in the study: one for

interns self-rating after each treatment and another for their CPD companies to rate them. The

interns completed the same instrument after each treatment. Table 8 consisted of three

dimension levels of interns’ behavior: as a DV, the SVs of the DV and the items of the

respective SV. Table 9 had the same for interns’ constructivist profile.

The second set of instrument consists of one DV, which is CPD expectation. This DV

was extrinsic to the intern and the questionnaires of Table 10 directly reflected CPD

companies’ rating of their interns. CPD companies were required to rate their interns in their

absence in a face-to-face courtesy meeting/interview by the researcher in which the researcher

also explained the purpose of the study. By asking structural questions in the required

professional manner, CPDs have felt comfortable. This aspect was important for the researcher

to perform accurately recording of CPDs’ ratings as well as any other required information.

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Table 8 Interns’ Behavioral Dimension Items

Behavioral

dimension

Measurement

definition purpose

Number

of items Example of items

Career Ambition & aspiration 6 I want a career in Finance

Personality Lifestyle 4 I want to immigrate

Structural

functionalism

Synchronize career

aspiration to local

economy

4 My country will need more people with

financial economics skills.

Details are found in Appendix A.

Table 9 Interns’ Constructive Dimension Items

Constructive

dimension

Measurement

definition purpose

Number

of items

Example of items

Concept

mapping

A medium for FED

thinking 14 I like concept mapping techniques.

Decision tree A medium for FED

thinking 6

The decision tree thinking method helps my

career.

Facilitation A mean of engagement 7 I read the bulletin board daily.

Knowledge

retrieval

Access pathway to obtain

knowledge 4 always access other direction for knowledge

Seminar Instructional centered on

theories 5 Seminar on new learning were clear

Workshop Practice centered for

applying theories 6 The workshops cause me to think

Internship Assimilation to real world 10 The CPD is relevant to my learning.

Details are available at USM thesis room

Table 10 CPD Dimension Items

CPD dimension Measurement

definition purpose

Number

of items Example of items

Wholesome Overall compatibility

industry 10

The intern was self-motivated during CPD

The intern displayed a strong sense of

professionalism

Reporting Corporate

Communication 3

The intern offered creative input or

suggestions to the report

Details are found in USM thesis room

The face-to-face meetings with CPD companies were helpful in neutralizing responses

by removing bias and initial preconceptions that were likely to distort recordings if individual

CPD companies without the presence of the same researcher performed recordings. Henceforth,

consistency in recordings was assured as the same researcher to individual CPD companies

(Groves et al., 2009) interpreted the same questions.

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Procedures to Conduct the Study

The procedure to conduct the study was in accordance with the OWRM design as well as

administration of treatments and data collection/collation of the ratings in three similar

sequences explained below.

Treatments

The FED program experimented for the first time consisted of three scalable sub-modules, each

representing the content within a fixed time span while the extended dotted lines represented

scalable extensions. This section described the items of the interns’ constructivist SVs: concept

map, decision tree facilitation, knowledge retrieval, seminar, workshop, CPD, WIDE, and what

each measured. There were three treatments, with each consisting of seminar and workshops

over four weeks per treatment. FIS were the treatments mentioned in the taxonomy paper.

In each week, one day was allocated for seminar and one day for workshop. The

treatments were within the scalable FED program and consisted of three sub-modules aimed at

developing interns’ ability to consolidate prior knowledge with thinking skills of concept maps

and decision trees to recollect, reflect and apply prior learning on difference case studies

(Tsang, 2011). Each seminar day consists of 4 hours: 2 hours in the morning and 2 hours after

lunch. Similar order was followed by the next day’s workshop. Only at the end of each four

weeks treatment were the questionnaires administered. The order of arrangement was to allow

for reflection after the seminar to prepare for next day’s workshop. The first seminar and

workshop of the first treatment began by explaining the learning objective and the learning

outcome for the whole program.

The tools for the treatments consisting concept maps and decision trees were taught at

treatment occasion X and the measurement taken for occasion O1 so as to understanding the

effectiveness of the treatment between two periods with adjustment made later to the

subsequent treatments. The purpose of concept maps and decision tree were explained and

demonstrated as tools to be used in the cognitive methods to recall prior knowledge in a proper

assembled way. In addition, explanation with demonstration of benefits by speedy and accurate

information retrieval from the knowledge warehoused in the mind was mutually

complementing. Additionally, the learning objective emphasis had deepened with focus on

incapacitating interns’ productivity and value at CPD and therefore had enhanced their

employability at CPD or other companies after ending internship. Interns were taught how to

consolidate their pre-exist learning so that they were able to practice them in their CPD.

Parallel awareness of treatments had watchfully observed in items that interns have rated

for two motivational variables: affective and cognitive. Items related to these two dependent

variables were interns’ perception of the planning and instructional handling that were

reflective of ratings in items regarding the seminar and workshop SVs. The usefulness of the

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tools taught for practicing FED cases, have reflected the items of SVs: decision tree and

concept map. Class engagement being the interlinking of interactive instructional case learning

process had measured by associating items of the facilitation SV to the knowledge retrieval SV

that measured efficiency.

Indeed the first week of the whole study was to psych up interns towards realizing the

benefits from the seminar and workshops learning. The following three weeks were dedicated

to practicing learning methods from decision trees models and putting prior learning towards a

master concept map. The second and third treatments were on the same format but with

increase depth in practice with lengthier cases and presentation by group and then by individual

effort addressing back to ultimate object of responsive ‘What-How-When’.

Data Collection/Collation

Data collection was to serve two purposes i.e. information gathering and to inform about

interns’ pedagogic development and to facilitate analysis of a FED program’s effectiveness

(Mehrotra, 2011). Doing so might motivate learning. This was the same reason for collecting

data for the study; the empirical data of survey ratings were collected until December 2011 to

compute the IV, which is the PI for analysis.

Over the three months study period, the interns’ performances ratings measured after

each four weeks of the mentioned systematic treatment according to the OWRM arrangement

in Table 4. Interns were required to complete the research instrument in Excel® template after

receiving each treatment for merging into a database, which later computed the IV (PI). Earlier

on, interns have received briefing about their confidentiality in the study by not requiring their

identification other than to state their gender type. Each intern made his or her first self-

assessment after commencing four weeks CPD. Only fully answered questions were accepted.

This then formed their first occasion baseline at O1. Interns again took the next self-assessment

similar to the one they have taken before.

CPD companies were visited after each of the three treatment periods. Each 20 minutes

of interview meeting with a CPD company involved structural discussions regarding interns’

performance and relationship at the company before the same researcher for all CPD companies

recorded the ratings. Having the same researcher perform the same task had normalized

consistent interpretation. The total time budgeted to attend to CPD companies was about 300

hours or 25 CPD x four hours per visit x three visits. Although each interview took 20 minutes

over an elapsed time of 4 hours per visit, the balance 3.5 hours were for logistics of travelling

and waiting.

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Data preparation and harmonic mean

Inspection of data collection sheet was made immediately after each rating to sight

incompleteness (Tabachnick & Fidell, 2007; Hair et al., 2010). Each question was scanned for a

value from 1 to 10 by using Excel® functions: ‘COUNTBLANK’, ‘MIN’ and ‘MAX’. The

mean of each SV was compared against the sample’s SV mean to ascertain if there was

deviation. Acceptable data that were within range were logged on an Excel® worksheet as

‘protected’ mode for the study to avoid accidental data corruption.

In his explanation about the differences between arithmetic, geometric and harmonic

mean, Matuszaki (2010, p. 1) used an illustration of 13 bars with 1 that was much higher to

prove, that when a set of data that were skewed with some much higher data points, the

harmonic mean produced more accurate result. The reason being that while the simple mean

was just simple arithmetic average, the geometric mean was for data that were inter-related

such as each datum was a result of a value depending on an arithmetic operand from another.

The harmonic mean by giving less significance to inconsistent high-value observation points

therefore resulted in more accurate estimation measure of central tendency and variability

Wilson (2006) had applied harmonic mean as the standard of qualification to overcome

both internal and external threats of validity and reliability in the assessment of a course

module where marks distribution was 30 | 70 for assignments and exams respectively to

discount plagiarism representing external validation threats and rote answers in exams

representing internal validation threats (Golafshani, 2003). This was to prevent students

uncaught for plagiarizing assignments, from doing well in exams and vice-versa especially

students who were good at rote learning. The assignment and exam mark distribution of 30 | 70

was within the university’s preferred policy. The study adopted Excel® Hµ as the consistent

validation and reliability procedure to remove internal and external threats and result in a

harmonized database. The study calculated Hµ only once to replace all µ at source summaries

to avoid repeating. Hµ was performed for all three occasions. Figure 3 depicts the data

administration and computing processes of Table 11.

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.

Figure 3 System flowchart of the methodology

Table 11 Procedures for RANOVA

For each of the four motivation class and alone for WIDE, use a workspace in Excel® to calculate one-

way RANOVA according to following process

Steps Purpose Instructions

1 Time variability

2 Within-groups

variation ∑

3 subject

variability ∑( )

4 Error variability

5 Mean sum of

square for time

6 Mean sum of

square for error

7 F-statistic

SV Analysis

Working

Tables

Transformation:

Interpretation

i. Select affective & cognitive

variables to compute 2nd pedagogy

index by 3 Pareto distributions

ii. Compare and contrast results from

analysis of independent variable (IV)

computed from two dimensions

Processing:

Mining:

.

Selection:

Empirical

database

START

STOP

Research

instrument

RANOVA

Analysis

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8 F-statistics for

RANOVA

9 For each of the four motivation class and alone for WIDE, use a workspace in Excel® to

calculate the Paired t-test (Weisstein, 2011), available from Microsoft Excel® Add-ons

10. Calculate the post probability řP (last column) having obtain p-value.

11

12.

Revise the prior probabilities P(Si) to posterior probabilities řP(Si) by rP(Si)∩P (t<=t) with

Bay’ Theorem (Lawrence & Pasternac, 2002).

P (Ai|B ) = P(B|Ai) P(Ai) / [ (B|A1) P(A1) + P(B|A2 ) P(A2)+…….+P(B|An) P(An) ]

Data Mining Methodology

The research design used a data mining procedure of selection, processing, transformation,

mining, interpretation/evaluation (Fayyad et al., 1996, p.41). Within the design, analysis

methods mentioned in Table 5 were also used to complement each objective question that

corresponded to the research objectives in Table 6. While there were good grounds to believe

so, there were also opportunities to prove that by measuring the pedagogy effectiveness from a

different perspective of motivation in interns’ learning, pedagogy effectiveness might be

enhanced. Only with compelling quantitative analysis might the sponsor be convinced with the

recommendation made by the study. From this point onwards, the justification for data mining

gave thoughts for data mining design using the same research. Table 3.8 represented a series of

analysis.

Concluding Remarks

The OWRM design methodology with extended analysis had formulated the measurement

methodology for the IV, which was the PI in different dimensions in order to understand the

pedagogy effectiveness further in responding to meeting market needs. The reason for

extensive analysis was to partially conform to agreed ethics of not to deviate from existing

practice of using the existing research instrument to understand weakness as they were for

comparison with findings discovered by the analysis. The methodology justified the data

mining approach of using an empirical database to ascertain the pedagogy effectiveness.

However, their DVs were revised to another dimension had justified data mining effort to

reclassify the values of database according to the definitions (Tan et al., 2005) of the

motivational dependent variables for use by a sequence of analysis to calculate the IV (PI). The

sequence included using Delphi method to reclassify the database, RANOVA with Bayes’

procedure to transform the posterior values (Laid, 1988). The IV represented a wholesome

composite of pedagogic dimensions and senses to incapacitate interns’ value. This paper used

the analysis mentioned to discover findings for discussion in a separate paper.

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PAPER 4

Data Mining Generation-Z Preference for Learning Style

Author: Matthew Goldman Kimher Lim and Nordin A. Razak

Adapted from International Journal of Innovation, Management and Technology 4(3), 331-340, and

Chapter 4 of unpublished PhD Thesis, “Market Driven Pedagogy for Financial Economics Decisions –

An Exploratory Study”

Abstract - The exploratory study supported Kline’s (2004) argument list of fallacies in null

hypothesis. Issues formulating the problem statement and significant findings about motivation

for learning also concurred with recent independent studies. Additionally, the study informed

that concept mapping and decision tree were within the top 20% cognitive skills desired by

interns. Social learning through continuous professional development and advent of computing

technology was keen media for learning. Though both genders learned different and were

extrinsic motivated; their professional abilities were acceptable by industries. The key

challenge of the analysis had determined the magnitude and confidence intervals of the

treatment effect that determined the dependent variables arising from ratings obtained for

process in behavioral and constructivism dimensions and companies’ ratings.

Introduction

This paper being analysis is dedicated to process quantitative analysis RANOVA from the

empirical database of harmonized means using Delphi method, Paired t-Test, Bayesian and

Pareto distribution (Arnold, 1983) in their analysis to produce the Pedagogy Index (PI). The

numeric and graphics produced by quantitative computations are contained in this paper for

referenced by discussion in a separate paper. This paper shows the analysis and their findings

to support the research questions. The analysis used was the RANOVA together with a series of

computation to fortified force field analysis discovery of new knowledge about motivation

using same empirical data from the same research instrument instead of making valueless

hypothesis (Kline, 2004). The analyses were to investigate attitude changes in each variable and

its SVs for each gender in relation to CPD companies’ expectation. Changes to look for were

divergences, convergences and consistencies in ranking and correlational analysis.

While the ratings’ value changes seemed not significant or it was difficult to grasp their

impacts, the other views to observe changes were in the ranking of those variables, their SVs

and items. The analyses were also to determine the effect of MDP on rating changes from

interns and their CPD companies on trends in each time interval of repeated measures. The

study measured interns’ capability growth of both the independent variable and its dependent

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70

variables that defined the research questions for experiment to understand the motivation force

field performance of the MDP of FED. The interns’ ratings were compared against companies’

ratings in Table 2 to observe their ratings' relationship. The limits of initial operationalized SVs

classification were extended to indicate the type of motivational variables for pedagogy

effectiveness (Moen, 1978) in Table 3.

Table 1 Database of Interns’ Harmonic Means (Hµ) Summaries

Sept October November December

O1 X

1 O

2 X

2 O

2 X

3 O

4

Type All M L M L M L

1 Career B N 5.2 5.7 6.2 5.7 6.5 6.3

2 Personality B N 6.4 6.6 6.2 6.4 6.7 6.9

3 Structural Functionalism B N 5.7 5.3 5.8 6.3 7.1 6.6

4 Decision Tree Thinking C N 5.2 5.2 6.2 6.5 6.7 6.5

5 Facilitation C N 5.7 5.6 5.9 6.0 6.7 6.6

6 Knowledge Accessibility C N 5.9 5.2 5.7 5.8 6.5 6.9

7 Concept Mapping C N 5.9 5.6 6.2 6.2 6.6 6.6

8 Seminar C N 5.5 4.7 5.7 6.4 6.8 6.5

9 Workshop C N 5.2 5.4 5.7 6.2 6.4 6.2

10 WIDE assignment C N 6.7 5.8 7.2 5.5 7.7 7.2

11 CPD company C N 5.8 5.1 5.8 6.4 6.5 6.4

12 Relationship at internship C N 4.7 5.4 5.5 5.9 6.9 7.0

.B=Behavioral, C=Constructivist, N=Nil, O=Occasion, X=Treatment, M=Men, L=Ladies

Table 2 Database of CPD Hµ Summaries

Sept October November December

O1 X1 O2 X2 O2 X3 O4

All A M L A M L A M L

1 Demonstrated self-motivated N 4.9 5.1 4.7 5.5 5.4 5.6 6.1 4.9 6.4

2 Displayed interest in going a good job N 4.8 6.0 4.0 7.0 6.7 7.3 6.3 7.4 5.5

3 Demonstrated positive attitude N 5.7 5.4 5.9 6.9 7.5 6.5 6.3 7.2 5.7

4 Demonstrated strong sense of professionalism N 5.9 6.4 5.5 5.7 5.8 5.6 6.5 7.0 6.1

5 Overall work quality produced was adequate N 4.9 5.3 4.6 6.0 6.5 5.6 6.0 6.2 5.9

6 Technical ability displayed was adequate N 5.6 6.0 5.3 5.0 5.1 4.9 6.5 6.3 6.7

7 Displayed cooperation and team wok N 4.9 5.3 4.7 6.3 6.1 6.4 7.4 5.4 7.1

8 Able to work with minimum supervision N 5.1 5.4 4.9 6.0 5.6 6.3 6.6 6.1 6.9

9 Able to handle direction and accept criticism N 6.1 6.8 5.6 6.4 6.7 6.1 7.0 7.6 6.5

10 Intern has prospects for regular employment N 5.0 4.9 5.1 5.9 6.6 5.4 6.2 7.0 5.7

11 WIDE write up was accurate N 5.9 5.5 6.1 6.3 6.1 6.5 6.5 6.3 6.7

12 WIDE was interesting and applicable N 5.3 4.2 6.1 6.7 6.2 7.0 6.4 7.3 5.7

13 Intern offered creative input for the repot N 6.2 5.3 6.9 5.4 6.2 4.9 6.2 6.4 6.1

Legend: O=Occasion, X=Treatment, A=All, M=Men, L=Ladies

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Table 3 Computed Pedagogy Index (IV) before conversion

Rows Col 1 2 3 4 5 6 7 Matrices Computation

procedures, Period k t=1,3

1

On All Men Ladies

CP

D 2 B C B C B C

3 O1 5.71 5.42 5.62 5.57 5.75 5.31 5.54

Harmonic Mean = H k t

4 O2 6.03 6.05 5.96 5.94 6.07 6.09 6.11

5 O3 6.47 6.67 6.56 6.73 6.40 6.63 6.36

6 0.2 0.8 0.2 0.8 0.2 0.8 1.0 Pareto Distribution

7 O1 0.07 0.27 0.07 0.27 0.07 0.27 0.33 Probability distribution

(assigned) = pkt

8 O2 0.07 0.27 0.07 0.27 0.07 0.27 0.33

9 O3 0.07 0.27 0.07 0.27 0.07 0.27 0.33

10 O1 0.38 1.45 0.37 1.48 0.38 1.42 1.8 Joint Probability

H k t

. P k t

11 O2 0.40 1.61 0.40 1.59 0.40 1.62 2.0

12 O3 0.43 1.78 0.44 1.79 0.43 1.77 2.1

13

13 Effectiveness Expected Value of Joint Probability Ê

Ê k t

14 All (B+C) Men (B+C) Ladies (B+C)

15 O1 1.83 1.86 1.80

16 O2 2.01 1.98 2.03

17 O3 2.21 2.23 2.20

18 Harmonic Mean Discounted probability

Improve over last assessment

Hpn = 25, k t

19 O1 0.64 0.65 0.64

20 O2 0.63 0.63 0.63

21 O3 0.78 0.76 0.79

22 Effectiveness Adjusted Value Ē

Ê k t

. Hpk t

23 O1 1.16 1.22 1.16

24 O2 1.27 1.25 1.27

25 O3 1.72 1.70 1.73

26

26 Cumulative Pedagogy Effectiveness, CPE

Ē k t

/ ( H k t

. P k t

)

27 All Men Ladies CPD

28 O1 0.63 0.66 0.63 1.00

29 O2 1.25 1.27 1.25 2.00

30 O3 2.06 2.07 2.07 3.00

31 Pedagogy Index

[ CPE k t

/ CPE 3,4

] * 100

32 All Men Ladies CPD

33 O1 21.0 21.9 20.9 33.3

34 O2 41.7 42.4 41.7 66.7

35 O3 68.7 69.0 68.9 100.0

Selection: OWRM Empirical Database

The approach first sought an understanding of what those data represented if they were

examined from a new dimension to evaluate findings for the research questions for comparing

the Pedagogy Index (PI) to gauge interns’ motivation in learning; PI being the independent

variable of the study. The selection stage required knowing the database’s characteristics

where intrinsic and extrinsic motivations for learning were found (Maslow, 1954; Weinstein et

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72

al., 2011). The database contained ratings made after each of the three regular treatments

administered in a three months period sequence of improvements that confluence with Lewin’s

(1997) Force Field analysis of freezing, unfreezing and re-freezing: O, X, O1, X, O

2, X, O

3.

Interns were not assessed at the initial occasion ‘O’ but provided with initial treatment X during

the first four weeks and subsequent two more four-weeks treatment after each assessment. The

data represented values from interns and CPD companies and were used for understanding

interns’ capability in consolidating pre-exist knowledge after they have received each

treatment. Initial information produced a measurement of overall pedagogy index as

measurement of effectiveness of how interns’ have met CPD’s expectation such that it

warranted use of further analysis in data mining.

The research procedure recorded measurement according to the sequence of O, X, O1, X,

O2, X, O

3. Interns were not assessed at occasion ‘O’ because they have not yet learned how to

use the tools. Therefore, occasion O was assumed a null value for all interns and was not

recorded. Measurements taken from occasion O1 were for understanding the effectiveness of

the treatment between two periods with adjustment made later to subsequent treatments.

Although it was good to commence measurement at the initial occasion O, previous experience

by CPD was against it because in the past, that had caused anxiety and nervousness among

interns, therefore occasion O was assumed a null value for all interns and was not be recorded

The selection stage identified where intrinsic and extrinsic motivations for learning were

found (Maslow, 1954; Weinstein et al., 2011) within the empirical OWRM database’s

characteristics in Table 1 and Table 2 which represented the computed harmonic means of SV

for each gender. Example: in Table 1, the value of 5.2 was a computed harmonic mean of

Men’s rating for the career SV recorded in the first occasion. Other values in Table 1 and Table

2 followed likewise. From Table 1 and Table 2, Table 3 was generated to indicate the direction

of pedagogy effective based on the defaulted Pareto distribution of 80 | 20 for constructivism

versus behavioural. Using the empirical database from the OWRM design had required

additional analysis in the data mining procedure.

Processing: Data Conversion Procedure by Delphi

To prove that the empirical database needed reclassification, the harmonic mean of the

empirical database was read into Excel® (row, column), 3,1 to 3,7 of Table 3 and further

computed to derive the IV (pedagogy index) on (row, column) 33,1 to 35,7. The CPD

Company’s data were represented by the dependent variable symbol Ê. The difference between

the interns’ data and companies’ data was the perceived ability ‘E’. The other was the CPD

Company’s rating of interns’ capability Ê. The objective function was to determine the PI by

the equation E/Ê, to obtain understanding of the pedagogy effectiveness. The PI was

determined from empirical harmonic means database before the database was reclassified for

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73

later comparison because the PI after reclassification did not consider indirect variables of

conative and social since these two variables were not involved in formal lecture assessment.

The processing stage used the popular Delphi method to re-classify each dependent

variable item’s Hµ summaries in the empirical database and four operationalized motivational

variables depicted of Figure 2 of Paper 3: affective, cognitive, conative and social. The Delphi

method (Hoffmann et al., 2007) of fast opinion survey for gauging opinions from a pool of

experts’ was used. According to Carlson (2013, p.1), “In the survey, out of 33 participants, 20

responded this week; of those 20 participants, 12 see prices up, while seven see prices down,

and one might see prices moving sideways. Market participants include bullion dealers,

investment banks, futures traders, money managers and technical-chart analysts”. The Delphi

method is a fast opinion survey method of taking common consensus from a pool of experts’

opinion of a common issue (Hoffmann et al., 2007).

The dataset illustrated in Figure 2 of Paper 3 was based on Sets Theory (Potter, 2004)

depicted in Figure 2.1 after the Delphi method was used to identify data from three sets to six

sets. The processing stage used the popular Delphi method to re-classify each dependent

variable item’s Hµ summaries in the empirical database. The reason to reclassify data was to

discover information about learning motivation as the two original variables: behaviorial and

constructivism in Table 1 and Table 2 were unable to advise the source of motivation for

learning. Due to data deficiency, the reclassification process used the traditional Delphi method

(Hoffmann et al., 2007) wherein items that were originally classified as either behavioral and

constructivism were reclassified to four new variables of affective, cognitive, conative and

social (Huitt, 2005). In this way, the right items of cognitive and affective motivation directly

responsible for FIS were identified for instructional pedagogy effectiveness.

Of the six datasets, four have three subsets each. In accordance with the Delphi method,

five faculty members who were familiar with the questionnaires’ content and subject matter sat

to deliberate which of the four types of motivational variables each question item should

belonged: cognitive, affective, conative and social sources. The re-categorization of SVs’ items

to their respective motivational variables was to have enabled discovery of new knowledge

about motivation to measure pedagogy effectiveness from a different dimension (Kleinginna &

Kleinginna., 1981; Franken, 2006). Questions that were not totally agreed to belong to a

particular motivational variable were put aside for deliberation in the second round. A

minimum 80% consensus was needed for the question to be allocated to a motivation variable.

Having identified where those data eventually belonged, the weighted harmonized means were

realigned to a working matric in Table 4. From this table, two of the four new dependent

variables, affective and cognitive that were directly relevant IFS were selected as direct

dependent variable for later analyse and computation of the PI based on the Pareto distribution.

The other two variables, conative and social variables were retained as indirect dependent

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74

variables to supplement explanation in later discussion. All four new dependent variables were

also further identified into intrinsic and extrinsic motivation. Figure 2 of Paper 2 illustrated

these dependent variables as the Force Field (FF) representation of resistance and pressure that

an intern had to overcome through performance to satisfy their CPD companies’ expectations.

In exploring how GZ learns, this study rationalized the Force Field of variables that

relate to enhancing graduates’ employability. Relating the process was necessary due to the

limitation and ethics of the study, which required continued use of existing research instrument,

which had the constructive and behavioral variables as original because they existed. Since all

items were either constructivism or behavioral, therefore to identify which items were

responsible for motivating learning, the items have to be viewed from another dimension. To

enable that, some sort of reclassification was necessary and explained in the methodology.

Table 4 Re-categorized Database Summaries

Subjects' DV score of 4 motivation ratios & 1 work integrated dissertation ratio

1 Subject's perceived score summary CPD company's score summary

Inte

rns

Gen

der

Co

gnit

ive

Aff

ecti

ve

Co

nat

ive

So

cial

WID

E

Co

gnit

ive

Aff

ecti

ve

Co

nat

ive

So

cial

WID

E

O1,

P

ost

- tr

eatm

ent

1

1 1 4.9 3.5 3.8 7.3 9.0 7.0 6.0 6.2 5.5 3.2

2 1 3.9 4.4 4.7 1.7 7.5 8.0 10.0 3.9 5.5 4.7

3 1 3.4 4.9 4.0 2.3 4.4 1.0 9.0 4.3 3.3 2.5

4 1 4.7 3.7 3.9 2.0 7.9 5.0 1.0 4.9 5.1 4.3

5 1 4.4 4.1 4.0 1.8 2.4 3.0 5.0 3.8 6.5 1.3

6 1 5.4 3.8 4.6 2.1 5.5 4.0 7.0 4.1 5.0 4.4

7 1 3.6 4.2 4.8 3.8 6.7 7.0 4.0 3.7 2.9 2.9

8 1 4.3 3.2 4.4 2.2 7.5 8.0 10.0 2.3 9.5 4.9

9 1 4.1 4.2 5.1 6.1 7.5 7.0 8.0 2.9 3.0 4.7

10 1 3.4 4.2 5.0 4.9 4.5 10.0 4.0 6.1 1.7 3.5

11 2 3.8 4.8 4.4 2.5 8.9 6.0 9.0 3.0 4.4 7.3

12 2 3.4 2.6 3.7 3.2 5.5 6.0 6.0 3.7 1.8 6.9

13 2 3.3 4.9 5.3 6.4 1.7 1.0 1.0 2.8 3.0 6.0

14 2 2.8 3.1 4.6 1.7 2.9 3.0 9.0 3.0 2.7 2.5

15 2 2.4 2.4 4.3 1.4 6.9 7.0 6.0 2.2 1.7 7.3

16 2 3.3 4.2 4.3 2.2 1.8 8.0 1.0 3.3 1.8 5.1

17 2 5.7 3.6 6.0 5.6 5.5 5.0 4.0 4.5 3.0 1.4

18 2 4.7 2.6 4.8 8.2 2.4 1.0 8.0 3.7 1.3 7.9

19 2 3.5 3.9 4.5 4.9 3.0 1.0 5.0 3.2 9.0 2.2

20 2 3.4 4.5 4.4 4.1 4.5 7.0 6.0 2.6 6.7 4.9

21 2 4.0 3.1 4.2 2.2 5.1 3.0 5.0 2.3 7.2 7.3

22 2 4.6 3.4 5.1 4.6 6.7 3.0 9.0 2.5 3.3 2.1

23 2 4.2 3.2 3.9 4.1 8.2 9.0 3.0 5.1 4.4 7.7

24 2 3.9 3.3 4.7 4.0 7.5 10.0 4.0 2.8 1.7 7.3

25 2 4.2 4.5 3.9 2.4 4.5 9.0 7.0 2.9 7.5 4.8

Intrinsic motivation Extrinsic motivation (A)

4.9-7.0= - 2.07

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75

Table 4 (continued)

Po

st-

trea

tmen

t 2

1 1 5.7 4.9 4.4 4.1 8.2 9.0 4.0 3.1 3.0 5.1

2 1 5.2 4.1 5.1 7.6 6.7 4.0 3.0 5.1 5.7 4.2

3 1 5.6 5.0 4.8 3.1 8.5 3.0 4.0 7.1 2.4 5.3

4 1 4.3 3.5 4.8 3.3 3.2 2.0 9.0 4.6 3.3 6.9

5 1 3.9 5.7 5.4 7.1 4.5 2.0 4.0 3.8 3.2 3.9

6 1 6.3 4.7 6.0 3.4 6.4 9.0 2.0 6.6 6.7 4.9

7 1 5.0 3.7 5.2 3.7 4.6 5.0 10.0 6.6 8.0 3.6

8 1 5.2 5.4 5.3 5.8 3.3 7.0 10.0 6.8 3.3 5.5

9 1 3.7 4.0 5.0 6.5 7.5 8.0 7.0 5.0 8.9 6.8

10 1 4.9 5.1 4.5 3.0 8.2 2.0 5.0 7.0 3.4 5.2

11 2 4.0 4.4 4.6 5.1 3.4 4.0 8.0 6.0 8.9 3.4

12 2 6.4 4.7 4.4 3.8 5.5 6.0 2.0 3.2 3.4 5.5

13 2 5.0 6.4 6.1 3.3 5.5 5.0 8.0 3.4 8.5 6.7

14 2 6.1 4.9 5.3 4.6 3.8 8.0 9.0 5.7 4.0 6.5

15 2 5.4 4.3 5.4 7.2 2.9 8.0 3.0 4.1 5.8 5.5

16 2 4.4 5.4 4.9 6.8 4.2 10.0 9.0 7.5 4.5 3.9

17 2 4.2 5.4 5.9 4.7 6.5 2.0 5.0 5.0 4.5 4.9

20 2 5.1 3.6 6.0 6.2 6.7 5.0 5.0 4.7 6.7 5.5

22 2 4.7 4.3 5.9 7.6 2.4 2.0 4.0 6.5 5.7 6.0

24 2 5.5 5.7 6.4 6.6 3.2 4.0 4.0 5.0 3.2 5.6

25 2 5.8 7.7 5.7 3.4 3.3 5.0 6.0 5.4 4.4 7.9

Po

st-

trea

tmen

t 3

1 1 6.6 6.1 6.7 7.4 5.7 9.0 10.0 6.9 4.4 4.6

2 1 5.6 4.6 5.5 6.1 7.5 3.0 7.0 6.5 7.2 8.6

3 1 4.7 5.8 6.6 7.3 7.9 4.0 6.0 5.7 5.1 5.2

4 1 5.8 5.3 6.3 4.9 7.5 10.0 10.0 5.3 8.5 6.0

5 1 5.9 7.2 5.5 6.8 8.9 4.0 4.0 5.9 5.3 4.9

6 1 5.5 6.0 5.8 6.4 4.6 3.0 10.0 5.5 3.8 7.7

7 1 5.7 6.0 5.4 7.3 6.2 6.0 8.0 4.9 5.7 5.2

8 1 7.2 5.7 5.4 5.6 10.0 8.0 3.0 6.4 4.8 4.3

9 1 5.5 6.4 6.0 6.1 8.5 6.0 5.0 7.7 4.4 8.5

10 1 5.8 5.7 6.7 5.3 5.3 10.0 7.0 4.9 4.0 5.2

11 2 4.8 5.3 6.1 6.6 4.0 9.0 3.0 6.3 6.5 7.7

12 2 6.6 5.0 5.3 5.1 4.6 9.0 10.0 6.3 9.5 7.9

13 2 6.2 6.1 5.4 6.4 6.4 5.0 6.0 6.0 10.0 4.8

14 2 6.7 5.4 6.7 7.4 8.2 4.0 3.0 4.6 6.9 5.7

15 2 5.7 6.2 5.4 4.8 5.5 8.0 7.0 5.1 3.0 6.9

16 2 6.0 5.7 5.2 7.1 6.7 5.0 3.0 6.8 8.5 6.6

17 2 5.4 5.7 5.4 7.1 8.9 8.0 7.0 4.1 9.5 4.3

18 2 5.2 5.0 6.4 7.3 8.9 4.0 3.0 6.1 7.2 4.9

19 2 6.1 5.7 6.0 8.2 8.5 9.0 7.0 4.3 4.0 3.3

20 2 6.3 5.9 5.5 5.5 6.9 6.0 8.0 4.6 8.5 5.7

21 2 5.8 4.6 6.1 8.3 3.4 6.0 6.0 6.8 5.1 6.1

22 2 7.1 6.0 6.3 5.8 7.5 5.0 7.0 5.3 4.4 6.0

23 2 6.2 6.8 5.1 3.8 6.7 8.0 8.0 4.6 6.0 6.8

24 2 5.1 5.6 6.1 8.5 9.5 10.0 8.0 4.4 4.4 4.4

25 2 5.2 6.9 5.3 5.7 6.0 4.0 6.0 5.8 6.7 4.0

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Table 4 (continued)

Subjects' DV score of 4 motivation ratios & 1 work integrated dissertation ratio by post-treatments (O n)

O1 O2 O3 O1 O2 O3 O1 O2 O3 O1 O2 O3 O1 O2 O3

Inte

rns

Cognitive Affective Conative Social WIDE

1 -2.07 -3.27 -2.43 -2.47 0.89 -3.93 -2.44 1.33 -0.16 1.87 1.13 3.00 5.79 3.18 1.10

2 -4.08 1.18 2.63 -5.65 1.11 -2.36 0.84 -0.08 -0.95 -3.74 1.92 -1.11 2.81 2.51 -1.07

3 2.42 2.61 0.67 -4.13 0.99 -0.19 -0.28 -2.31 0.86 -0.97 0.67 2.23 1.94 3.20 2.67

4 -0.34 2.34 -4.24 2.72 -5.46 -4.71 -0.92 0.16 1.03 -3.13 -0.06 -3.56 3.56 -3.72 1.51

5 1.37 1.86 1.87 -0.86 1.69 3.20 0.15 1.62 -0.40 -4.66 3.93 1.44 1.07 0.64 3.98

6 1.37 -2.67 2.53 -3.23 2.66 -4.03 0.56 -0.62 0.27 -2.88 -3.31 2.68 1.10 1.52 -3.04

7 -3.37 0.05 -0.28 0.21 -6.33 -2.03 1.10 -1.36 0.43 0.97 -4.30 1.61 3.76 1.06 0.95

8 -3.73 -1.82 -0.80 -6.83 -4.57 2.70 2.06 -1.58 -1.01 -7.27 2.46 0.80 2.59 -2.12 5.71

9 -2.90 -4.26 -0.50 -3.77 -3.02 1.38 2.16 0.03 -1.70 3.09 -2.38 1.74 2.81 0.73 0.00

10 -6.62 2.85 -4.25 0.25 0.13 -1.34 -1.16 -2.50 1.75 3.24 -0.43 1.35 1.02 3.03 0.13

11 -2.20 0.00 -4.18 -4.21 -3.58 2.35 1.37 -1.30 -0.24 -1.97 -3.83 0.15 1.56 0.00 -3.66

12 -2.62 0.39 -2.43 -3.37 2.72 -4.98 -0.07 1.18 -0.96 1.41 0.32 -4.41 -1.45 0.08 -3.30

13 2.27 -0.05 1.22 3.90 -1.62 0.08 2.50 2.72 -0.58 3.41 -5.14 -3.59 -4.24 -1.21 1.63

14 -0.24 -1.89 2.69 -5.95 -4.11 2.44 1.57 -0.35 2.08 -0.95 0.62 0.59 0.40 -2.76 2.52

15 -4.58 -2.57 -2.34 -3.57 1.35 -0.76 2.06 1.38 0.31 -0.31 1.37 1.80 -0.45 -2.68 -1.38

16 -4.70 -5.58 0.96 3.24 -3.59 2.74 0.94 -2.66 -1.65 0.40 2.27 -1.41 -3.31 0.29 0.04

17 0.67 2.16 -2.58 -0.39 0.35 -1.32 1.58 0.89 1.25 2.63 0.24 -2.41 4.03 1.55 4.60

18 3.73 0.07 1.24 -5.42 -1.39 2.01 1.03 1.26 0.34 6.82 -0.50 0.10 -5.52 1.13 3.98

19 2.47 2.71 -2.92 -1.11 0.28 -1.31 1.25 -0.55 1.65 -4.09 1.92 4.16 0.80 -3.60 5.20

20 -3.60 1.45 0.27 -1.46 1.70 -2.15 1.84 1.43 0.85 -2.53 3.41 -2.96 -0.41 -2.43 1.17

21 0.98 0.77 -0.24 -1.90 1.70 -1.43 1.91 0.39 -0.74 -5.05 -1.02 3.22 -2.21 -4.58 -2.66

22 1.56 -2.43 2.07 -5.59 -3.93 -0.99 2.61 -0.16 1.04 1.34 3.00 1.43 4.60 1.10 1.55

23 -4.84 2.63 -1.76 0.21 -2.36 -1.20 -1.24 -0.95 0.50 -0.31 -1.11 -2.17 0.52 -1.07 -0.11

24 -6.10 0.67 -4.92 -0.67 -0.19 -2.45 1.86 0.86 1.71 2.37 2.23 4.11 0.20 2.67 5.04

25 -4.80 -4.24 1.23 -2.49 -4.71 0.89 1.04 1.03 -0.47 -5.07 -3.56 -0.98 -0.30 1.51 2.00

Database Categorized by four new dependent variables and Rearranged by Force Field Differences from

for cognitive to WIDE

(A)

4.9-7.0= - 2.07

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Transformation: Ranking & Correlation SVs

The transformation to knowing where intrinsic and extrinsic motivations for learning were

found (Maslow, 1954; Weinstein et al., 2011) in the OWRM empirical database which had

harmonic means calculated after 1st and 3

rd occasion recording to process each SV. The

reclassification process by Delphi had transform within each new dependent variable took place

by having their SVs’ analysis presented in column charts for each SV. The reason to analyse all

SVs instead of just those that belong to the cognitive and affective variable was to retain

information that were not required immediately, for later use to complement the study.

.Table 5 Worksheet for Computing Correlation of Rating & Ranking between 1st & 3rd

Recording ( Career SV is used as example)

Ranking items' mean

of 1st and 3rd

recording

Career Personality Structural

Functionalism

1 All 7 3 4 1 2 5 6 2 4 1 3 2 3 4 1

1 Men 4 6 2 1 2 5 7 2 4 1 3 4 1 3 2

1 Ladies 7 2 6 1 3 5 4 2 4 1 3 2 3 3 1

3 All 7 6 3 1 2 5 4 2 4 1 3 2 4 1 3

3 Men 6 5 2 1 4 7 3 2 4 1 3 2 3 1 4

3 Ladies 4 6 3 7 1 1 5 3 4 1 2 1 4 2 3

Rating Correlation 1st & 3rd

All 0.84

0.93

-0.27

Men 0.67

0.79

-0.54

Ladies -0.40

0.95

0.37

Men Ladies 1 0.09

0.99

0.00

Men Ladies 3 -0.60

0.68

0.31

Ranking Correlation 1st & 3rd

All 0.75

1.00

-0.40

Men 0.51

1.00

-0.60

Ladies -0.49

0.80

0.13

Men Ladies 1 0.14

1.00

-0.13

Men Ladies 3 -0.49

0.80

0.60

Example of CORREL function:

All Subjects = 0.84 = CORREL (I110:O110,I118:O118)

Men vs. Ladies in 1st recoding = 0.14 = CORREL (I125:O125, I126:O126)

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The SVs were grouped by their commonalities. Concept map, decision tree and knowledge

retrieval belong to thinking class. Facilitation, seminar and workshop belong to facility class.

Career, personality and structural functionalism belong to efficacy Class. Internship, CPD and

reporting belong to practice class.

The analysis by corr within each SV ranked items was made after the 1st and 3

rd

occasions to observe changes after administering treatments to understand the motivational

reasons for those changes. Additionally consistent rank (items #) and preferences were also

observed as these aspects have supplemented interpretation of the operationalized meaning of

significance that was used throughout this paper. The benchmarks of these significant levels

were adopted from golden ratios (Mario, 2002). Best ranking begin from the lowest number

onwards. Emphasized items and rankings were denoted by borders in the tables of each SV.

Cognitive: concept map, decision tree & knowledge retrieval

On consistency of the Concept Mapping SV, both genders informed that the SV had helped

their career though men rated 1 from 2 for this Item 13 indicated they were more career

conscious. Men were consistent in liking concept map to perform their dissertation better and

were more likely to use it in their CPD as shown in Item 6 & Item 8 Ladies were consistent in

Items 2, 3 & 12 that concept maps have helped them to store information easier and to organize

their thoughts about a concept. Though the corr within each gender and inter-gender was low,

no significant corr was indicated in both rating and ranking though the studies have considered

several consistent preferences. For consolidation prior-learning, ladies found it helpful at the

beginning but that importance was fast superseded by ten other important items. Ladies were

also more consistent than men on the Decision Tree SV having informed that it was clearly

taught, had helped them to perform their dissertation better and therefore felt it helped them in

their career. These consistencies were seen in the respective ranking of Items 6, Item 5 and Item

4. Though item consistency was not found in men, they nonetheless ranked the relationship of

Item 4 to their career as top. All corrs were no significance except for the inter gender of the

third occasion which had a very significance corr 0.86 that was not complemented by the no

significance -0.74 inter gender corr in the Concept Mapping SV, which belong to the same

thinking techniques subset. Additionally, their s2 corr 0.13 & 0.12 and Rank (s

2) of 5|10 & 4|10

showed high relationship in this subset of two SVs.

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Concept Mapping SV: Analysis after 1st & 3

rd Recording

Decision Tree SV: Analysis after 1

st & 3

rd Recording

Knowledge Retrieval SV: Analysis after 1

st & 3

rd Recording

Figure 1 SV Analysis: concept mapping, decision tree, & knowledge retrieval

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Table 6 SV Analysis: Concept Mapping, Decision Tree & Knowledge Retrieval

Concept Mapping SV: Analysis after 1st & 3rd Recording 1st 3rd

A=All, M=Men, L=Ladies, ML=inter-gender, 1 or 3 = occasions A M L A M L

1 The concept mapping techniques were useful to pull pre-exist knowledge

together. 2 9 1 7 3 11

2 The concept mapping techniques help me store information easily. 7 12 1 5 14 1

3 The concept mapping techniques helps me organize my thoughts about a

concept. 9 6 10 14 11 10

4 The concept mapping techniques helps me retain my ideas longer and

easier. 11 14 4 5 10 4

5 The concept mapping techniques helps me describe logical explanation

better. 8 11 6 11 4 12

6 The concept mapping techniques helps me to perform my dissertation

better. 13 8 12 4 8 3

7 The concept mapping techniques helps me to retrieve information easily. 14 13 14 9 11 6

8 I have enough opportunity to apply the concept mapping techniques at my

internship. 4 4 7 2 4 4

9 The procedure in mapping concept was clearly taught. 12 10 11 3 8 2

10 The principles of concept mapping help me to develop my own concept

maps. 5 2 9 12 13 8

11 I will use the concept mapping techniques for the rest of my life 3 5 5 7 7 9

12 I like concept mapping techniques. 9 1 13 13 6 13

13 The concept mapping techniques will help my career 1 2 1 1 2 6

14 The concept mapping techniques saves a lot of thinking time. 6 6 8 9 1 14

Decision Tree SV: Analysis after 1st & 3rd Recording

1 The decision tree thinking method help me to realize economic priorities in

financial economics decision 4 4 4 6 5 5

2 The decision tree thinking method is useful is prioritizing decision for my

daily decisions 2 2 2 5 4 5

3 I like the decision tree thinking method. 5 1 6 2 2 1

4 The decision tree thinking method helps my career. 3 6 3 1 1 3

5 The decision tree thinking method helps me to perform my dissertation

better 1 3 1 3 6 1

6 The decision tree thinking was clearly taught. 6 5 4 3 2 4

Knowledge Retrieval SV: Analysis after 1st & 3rd Recording

1 The procedure of where to get the knowledge for BEEE is clear 2 3 1 2 1 2

2 I always access the direction given to get the knowledge 4 4 4 1 4 1

3 I always access other direction for knowledge 2 1 3 4 3 4

4 I always share direction of where to get the knowledge 1 2 2 3 1 3

Sub Variables SV weightage

s2

Rank

(s2) Wt.% Items

Concept Map 58 14 0.13 0.13 5

Decision Tree 25 6 0.12 0.12 4

Knowledge R 17 4 0.22 0.22 7

Sub Variables

Rating Correlation (R1) Ranking Correlation (R2)

s2

Rank

(s2) All M L ML=

1

ML=

3 All M L

ML=

1

ML=

3

Concept Map 0.26 0.33 0.08 -0.12 -0.74 0.16 0.32 0.10 -0.10 -0.49 0.13 5

Decision Tree -0.19 -0.11 -0.01 -0.41 0.86 -0.11 -0.33 -0.08 -0.18 0.04 0.12 4

Knowledge R -0.73 0.32 -0.75 0.17 -0.84 -0.72 0.26 -0.20 0.20 -0.26 0.22 7

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Affective: facilitation, seminar & workshop

Considering that interns were GZ whose demographic characteristics included tech savvies,

there was a shift in preference the Facilitation SV towards electronic interface for direction as

indicated by both gender for Items 6 & 2 as indicated by s2 corr 0.31. This shift was indicated

by less significance in corrs in both rating and ranking.

Facilitation SV: Analysis after 1

st & 3

rd Recording

Seminar SV: Analysis after 1

st & 3

rd Recording

Workshop SV: Analysis after 1st & 3

rd Recording

Figure 2 SV Analysis: facilitation, seminars and workshops

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Table 7 SV Analysis: Facilitation, Seminar, and Workshops

Facilitation SV: Analysis after 1st & 3rd Recording 1st 3rd

A=All, M=Men, L=Ladies, ML=inter-gender, 1 or 3 = occasions A M L A M L

1 The facilitator varies his training methods according to the needs of the module. 2 2 4 7 6 6

2 The facilitator communicated regularly on electronic bulletin board. 1 3 1 2 4 2

3 Whenever I am not clear of what I read on the electronic bulletin board 7 6 6 4 3 5

4 The facilitator is always prompt to reply all interns’ queries. 5 6 3 3 2 4

5 I communicate with the facilitator often. 2 1 5 5 6 3

6 I read the bulletin board daily. 4 5 2 1 1 1

7 All assessment about the training was well informed. 6 4 7 6 5 7

Seminar SV: Analysis after 1st & 3rd Recording

1 Seminar on new learning were clear 1 1 1 5 5 4

2 I have opportunities to participate in seminar and I always do 4 4 4 2 3 1

3 I have opportunities to participate in all seminars but I did not 5 5 5 1 1 3

4 Many examples were given to cause understanding of concepts 3 2 3 3 4 2

5 The pace of the seminar is just right 2 3 2 4 2 5

Workshop SV: Analysis after 1st & 3rd Recording

1 The workshops help me to apply knowledge 4 3 4 3 2 3

2 The workshops cause me to think 1 1 1 1 1 2

3 Discussion in workshops is useful for sharing learning 3 5 2 5 5 4

4 I had plenty of chance to ask question in the workshops 5 3 5 2 4 1

5 The discussions in workshop were relevant and helpful to learning 6 6 3 4 3 5

6 The facilitator prompted many questions that help in performing learning. 2 2 6 6 6 6

Sub

Variables

SV weightage s2

Rank (s2) Wt.% Items

Facilitation 39 7 0.31 0.31 8

Seminar 28 5 0.51 0.51 10

Workshop 33 6 0.04 0.04 3

Sub

Variables

Rating Correlation (R1) Ranking Correlation (R2)

s2

Rank

(s2) All M L ML=

1 ML=

3 All M L

ML=1

ML=3

Facilitation 0.08 -0.77 0.71 0.17 0.47 0.03 -0.84 0.79 0.00 0.51 0.31 8

Seminar -1.00 -0.80 -0.68 0.75 0.12 -1.00 -0.90 -0.60 0.90 -0.10 0.51 10

Workshop 0.10 -0.05 0.15 0.28 0.47 0.03 0.23 0.26 -0.11 0.54 0.04 3

However, inter gender correlation of the third occasion for both R1 corr 0.47 & R2 corr

0.51 respective suggest that electronic interface not only became preferred but also allowed

inter gender to communicate and through that mode exchanges, knowledge (including opinions)

were shared. The Seminar and workshop interlinked as a subset. Seminars were more teacher

centre and had a significance s2 corr 0.51 between rating and ranking which also showed no

consistent item preference in seminar in addition to hesitation in participation in class. On the

contrary, workshops required interaction among students groups as indicated by insignificance

s2 corr 0.04 seen in consistent preferences for Items 2 and Item 3 by men and Item 6 by ladies.

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Conative: career, personality & social functionalism

Preferences for Items 1 & 2 in Table 7 showed men were consistent in wanting a career that

combines finance/economics and economics. Men also indicated more career decisiveness over

ladies who have moved their preference to marketing and were unsure what they wanted after

they graduate. Ladies’ preference for finance/economics and finance became their least

preferred at 7 and 6. Men’s preference for income had also increased from 7 to 3. Men have

reduced their preference for accountancy from 4 to 6. The finding about men’s career

aspirational change was more significant on R1 corr 0.67 though R2 corr 0.51 was also more

significance. The corrs within ladies were no significance during the first and third recording

for rating at R2 corr -0.4 & R2 corr -0.49. There was no significance of R1 corr 0.09 & R2

corr -0.6 of inter-gender indicated no significance on career influence among gender and

reflected in the Rank corr between both gender at 0.14 and -0.49 at both respective occasions.

The s2 corr 0.32 suggest there was rising significance between corr R1 & R2 as Rank (s

2) 9|10,

represented career indecisiveness caveated by just a three months study.

The Personality SV was very significance for all SVs with both genders stating their

family depended on their future support as the most important of all items rated, yet the desire

to immigrate persisted among men more than ladies did. The very significance of the findings

among inter-gender was reflected in both high R1 corr 0.99 & 0.68, and R2 corr 1.0 & 0.8, and

a consistent item ranked in all but one by ladies in spending an average of 2 hours a day

chatting on line. There was no significance in the Personality s2corr 0.01 with its highest rank

among intern’s 1|10 confirmed the Personality SV stability was very significance.

As oppose to the Personality SV, the Structural Functionalism SV registered the least

consistent among its item ranking indicating inconsistent awareness of FED career potential.

The corr between both occasions regarding how career opportunity was no significance among

R1 corr -0.54 and inter-gender changes in men opinion changes as shown at R1 corr 0.0 & 0.31

in men’s rating and R2 corr -0.13 & 0.6, despite men acknowledged their city needed more

FED skills. Ladies rating between both occasions were less significance than men corr 0.37

was also no significance as seen in their shifting of preferences in R2 corr 0.13. The inter-

gender corrs were also no significance at the beginning but at the 3rd

occasion, there seemed to

be inter-gender influence as seen in R1 corr 0.31 for rating and R2 corr 0.6.

These two corrs rising significance from lower level at the 1st occasion indicate both

gender were more aware that their city needed more people with FED skills ranked 1 & 2. This

shift of preferences among the four items was informed after the third treatment. The s 2

corr,

Rank (s2) = 0.17, 6|10 coupled with stable preferences of Personality SV suggest indifferent

anxiety of this rising career in the city. This subset of three SVs ⇒ interns were firm to go

abroad for higher income careers that combines Finance and Economics, Economics or

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Marketing while leaving out Accountancy which was their major before they alternated to the

FED program.

Career SV: Analysis after 1st & 3rd Recording

Personality SV: Analysis after 1

st & 3

rd Recording

Structural Functionalism SV: Analysis after 1st & 3

rd Recording

Figure 3 SV Analysis: career, personality & structural functionalism

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Table 8 SV Analysis: Career, Personality & Structural Functionalism

Career SV: Analysis after 1st & 3rd Recording 1st 3rd

A=All, M=Men, L=Ladies, ML=inter-gender, 1 or 3 = occasions A M L A M L

1 I want a career in Accountancy 7 4 7 7 6 4

2 I want a career in Finance 3 6 2 6 5 6

3 I want a career in Economics 4 2 6 3 2 3

4 I want a career that combines Finance and Economics 1 1 1 1 1 7

5 I want a career in Marketing 2 2 3 2 4 1

6 I am not sure what career I want to be after I graduate 5 5 5 5 7 1

7 A Career that has more income is more important than skill 6 7 4 4 3 5

Personality SV: Analysis after 1st & 3rd Recording

1 I want to immigrate 2 2 2 2 2 3

2 I spent an average of average of 4 hours a day reading news and information on

line (less - more) 4 4 4 4 4 4

3 My family depends on me to support them in future 1 1 1 1 1 1

4 I spent an average of 2 hours a day chatting on line (less-more) 3 3 3 3 3 2

Structural Functionalism SV: Analysis after 1st & 3rd Recording

1 My city needs more people with financial economics skills that other cities 2 4 2 2 2 1

2 My city has more career scope for graduates in financial economics than other

skills 3 1 3 4 3 4

3 My country will need more people with financial economics skills. 4 3 3 1 1 2

4 Financial economics skill is more important than accountancy 1 2 1 3 4 3

Sub

Variables

SV weightage

s2

Rank

(s2) Wt.% Items

Career 47 7 0.32 0.32 9

Personality 27 4 0.01 0.01 1

Structural

Functionalism 27 4 0.17 0.17 6

Sub

Variables

Rating Correlation (R1) Ranking Correlation (R2)

s2

Rank

(s2

) All M L ML=

1 ML=

3 All M L

ML=1

ML=3

Career 0.84 0.67 -0.40 0.09 -0.60 0.75 0.51 -0.49 0.14 -0.49 0.32 9

Personality 0.93 0.79 0.95 0.99 0.68 1.00 1.00 0.80 1.00 0.80 0.01 1

Structural

Functionalism -0.27 -0.54 0.37 0.00 0.31 -0.40 -0.60 0.13 -0.13 0.60 0.17 6

Social: internship, CPD & reporting

Social motivation concerned practices which involved internship assimilation into real live at

CPD and merging theories into work through WIDE. No inter gender corr was measure as CPD

being outside FIS was between interns and CPD. While Rank (s2) =2|10, it actually was 1|7

among constructive SVs. Interns’ preference for consistent Item 1 to Item 5, and Item 10 ⇒

readiness internship. Least preference for Item 6 to Item 8 ⇒ pressure of CPD criteria,

company ethos were overcome by interns liking CPD as bridge to learning and career

development.

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CPD companies preference rating for Item 7 to Item 9 ⇒ CPD preferences for minimal

supervision, cooperation and acceptance over prospect for regular employment after CPD and

professionalism. The R1 & R2 corr 0.58 and 0.59 by CPD as well as insignificance changes in

preferences by all interns ⇒ men interns Force Field were more significantly competent to

overcome external pressure while lady interns showed slower improvement according to CPD

R1 & R2 corr 0.08 and 0.09.

Internship SV: Analysis after 1

st & 3

rd Recording

CPD Companies SV: Analysis after 1

st & 3

rd Recording

Reporting SV: Analysis after 1

st & 3

rd Recording

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Figure 4 SV Analysis: internship, CPD companies and WIDE

Table 9 SV Analysis: Internship, CPD Companies & WIDE

Internship SV: Analysis after 1st & 3rd Recording 1st 3rd

A=All, M=Men, L=Ladies, ML=inter-gender, 1 or 3 = occasions A M L A M L

1 My assignments at internship were relevant to my learning 1 2 3 5 2 7

2 My assignments at internship contribute a lot to my career development. 3 3 1 1 1 1

3 The internship is relevant to my learning. 2 1 9 9 7 9

4 The internship is relevant to my career intention. 5 5 4 6 5 8

5 I am aware of CPD’s strict criteria in linking me to an internship. 4 6 2 10 6 10

6 I always meet CPD’s criteria and suggestion to obtain an internship. 8 9 8 4 8 2

7 I am not interested in an internship. 9 4 10 8 10 6

8 The internship company is pleasure to work in 10 10 7 2 4 3

9 I enjoy the friendship at my internship company 7 8 6 3 3 5

10 My immediate supervisor at the internship company encourages me. 6 6 4 7 9 4

CPD Companies SV: Analysis after 1st & 3rd Recording

1 The intern was self-motivated during internship 8 9 7 10 10 5

2 The intern displayed enthusiasm and interest in doing good job 10 3 10 7 2 10

3 The intern demonstrated a positive attitude during their employment 3 5 1 6 3 8

4 The intern displayed a strong sense of professionalism 2 2 3 4 4 6

5 The overall quality of work produced by the intern was adequate 8 7 9 9 7 7

6 The level of the technical ability displayed by the intern was adequate 4 3 4 3 6 3

7 The intern displayed cooperation and ability to work with others was

effective 7 7 8 5 9 1

8 The intern worked independently with minimal supervision 5 5 6 2 8 2

9 The intern was able to handle and accept direction and criticism 1 1 2 1 1 4

10 The intern has prospects of regular employment with the company after

the internship. 6 10 5 8 4 8

Reporting SV: Analysis after 1st & 3rd Recording

1 The interns twice a month write up accurately match the company's activities

to the report objectives 2 1 2 1 3 1

2 The intern's dissertation twice a month report was interesting, practical and

demonstrates applying of financial economics decisions at the company 3 3 3 2 1 3

3 The intern offered creative input or suggestions on the report 1 2 1 3 2 2

Sub Variables SV weightage

s2

Rank

(s2) Wt.% Items

CPD 100 10 0.01 0.01 2

CPD Companies 100 10 0.09 0.09

CPD WIDE 100 3 0.33 0.33

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Sub Variables

Rating Correlation (R1) Ranking Correlation (R2)

s2

Rank (s2) All M L

ML=

1

ML=

3 All M L

ML=

1

ML=

3

CPD -0.03 0.12 0.08 -0.02 0.11 -0.24 0.10 0.01 0.15 0.18 0.01 2|10

CPD Companies 0.71 0.58 0.08

0.72 0.59 0.09

0.23

CPD WIDE -0.39 -1.00 -0.09

-0.50 -1.00 0.50

0.41

A s

2 corr 0.23 indicated rising significance by CPD for interns and Reporting SV s

2 corr 0.41

but s2 corr 0.01 by interns showed less significance by interns in their CPD companies though

their keenness in CPD activities suggested interns might move on after their CPDs especially

men. The significance s 2

corr 0.41 for Reporting SV ⇒ men interns make better report as

supported by men ranking improvement from 3 to 1 and consistency in creative input or

suggestion. This sense corresponded with Seminar/Workshop SV subset, which favored men

interns.

Mining: Analyzing Motivation for Learning

Only after transformation, mining began with enhancing RANOVA analysis with Paired T-test

to determine the Bayesian posterior value. The analysis for RANOVA to measure the variance

between two points of a variable item before and after in repeated treatments by Lund Research

Ltd., (2012) was used, Paired T-test, p-value (Soper, 2012) and fortified by Bayes theorem to

determine the IV effectiveness before and after repeated treatments.

Though it was convenient to use Bayes’ factor for ANOVA instead of RANOVA,

however Rouder et al. (2009) mentioned that the continued preference for getting p-value

reports from available F-tests calculators (Soper, 2012) was due to reliance on mathematics

tradition. Moreover, the Bayes’ factor for the ANOVA solver was for testing of null hypothesis,

which was not the analysis of this study. Without the availability of a generic Bayes’ solver for

RANOVA, the study used a longer analysis procedure to obtain the posterior probabilities řP

(Si) from the revised prior value, P (Si) and then only have it computed by the RANOVA

procedure.

Paired T-test was to show co-relation between two points of the same measurement but

that with added Pearsonian coefficient of relation; it further measured the carry over effect of

previous treatments from formal lesson to the next. The result was to be read as absolute value

meaning because the learning curve being the Ogive curve represented incremental carry over

effects and therefore all results were positive as forming a new base to add on new learning.

Only two intrinsic interns’ SVs, affective and cognitive received analysis because they

were the only ones directly related to the formal instructional lessons in the study of pedagogy

effectiveness. The result was read as absolute value meaning because the learning curve being

the Ogive curve represents incremental carry over effects and therefore all results were positive

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89

as forming a new base to add on new learning. This analysis was used for both genders in

isolation and not inter-genders, which was measure by corr.

The Bayesian transformation of procedure in Table 11 of Paper 3 was to revise the prior

estimate (Laid, 1988). From value obtained from two conservative probability value of 2-tail

test on degree of freedom, the join probability result obtained denoted the ratio of the variable

value over the total values from all variables measured by the same procedure (Huges &

Keeling, 1982). Since only the cognitive and affective variables were considered in FIS

assessment, therefore the posterior result was further computed as a ratio of the total combined

values of cognitive and affective. The 2-tail test was obtained by descriptive statistics.

Analysis for gender comparison was compared using rearranged information processed

from RANOVA into column charts of dependent variables that the affective and cognitive SV

versus the behavioral and constructive dependent variable with the default Pareto distribution

(Juran, 1994) 80/20 as a common ‘rule of thumb’ (Newman, 2006). This ratio was used as a

default indication of the probability of significant acceptance of motivational variable by

Bayesian transformation of Force Field differences from the RANOVA of CPD companies for

both genders.

Instead of the 30 | 70 distribution used by Wilson (2006), the study began with Pareto

distribution from 20 | 80 with 20 for behavioral and 80 for constructivism. This ratio’s

importance represented the desired equilibrium. In ‘Implementing TQM in education’,

Mehrotra (2011) suggested Deming’s renown ‘Plan-Do-Act-Check’ (PDCA) together with

statistical quality control (SQC) which uses the Pareto distribution rule to determine the 20%

causes that were responsible for the 80% outcomes. Therefore the empirical data analyze the

distribution on Pareto law basis 80 | 20 that the 80% formed the constructivism attributes such

as approaches by various methods of instructions and learning were caused by 20% dependent

variable behavioral items such as pressure for career and family dependence. By defaulting the

80 | 20 ratio with 80 for affective and 20 for cognitive, and for behavioral against constructivist,

it allowed the point to mitigate improvements to two additional levels: 50 | 50 and 20 | 80, to

observe visual change effects.

Identify Motivational Variables’ Performance

The information for analysis of the FF were ascertained according to RANOVA made available

by Lund Research Ltd. (2012), the p-value (Soper, 2012) and transform by Bayes theorem to

determine the extend the pedagogy’s effectiveness before and after repeated treatments. From

the workings in Table 10, produced Pearson r in Paired t-Test was determined for Table 11

showed mainly negative corr in cognitive and affective aspects within each gender in term of

their differences with CPD during the repeated measures.

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90

Table 10 Matric worksheets for RANOVA

Cognitive

Affective

Gender Sample O1 O2 O3 Sample O1 O2 O3

Man 1 -2.1 -3.3 -2.4 1 -2.5 0.9 -3.9

Man 2 -4.1 1.2 2.6 2 -5.6 1.1 -2.4

Man 3 2.4 2.6 0.7 3 -4.1 1.0 -0.2

Man 4 -0.3 2.3 -4.2 4 2.7 -5.5 -4.7

Man 5 1.4 1.9 1.9 5 -0.9 1.7 3.2

Man 6 1.4 -2.7 2.5 6 -3.2 2.7 -4.0

Man 7 -3.4 0.0 -0.3 7 0.2 -6.3 -2.0

Man 8 -3.7 -1.8 -0.8 8 -6.8 -4.6 2.7

Man 9 -2.9 -4.3 -0.5 9 -3.8 -3.0 1.4

Man 10 -6.6 2.9 -4.2 10 0.25 0.1 -1.3

Ladies 11 -2.2 0.0 -4.2 11 -4.2 -3.6 2.3

Ladies 12 -2.6 0.4 -2.4 12 -3.4 2.7 -5.0

Ladies 13 2.3 0.0 1.2 13 3.9 -1.6 0.1

Ladies 14 -0.2 -1.9 2.7 14 -5.9 -4.1 2.4

Ladies 15 -4.6 -2.6 -2.3 15 -3.6 1.3 -0.8

Ladies 16 -4.7 -5.6 1.0 16 3.2 -3.6 2.7

Ladies 17 0.7 2.2 -2.6 17 -0.4 0.4 -1.3

Ladies 18 3.7 0.1 1.2 18 -5.4 -1.4 2.0

Ladies 19 2.5 2.7 -2.9 19 -1.1 0.3 -1.3

Ladies 20 -3.6 1.5 0.3 20 -1.5 1.7 -2.1

Ladies 21 1.0 0.8 -0.2 21 -1.9 1.7 -1.4

Ladies 22 1.6 -2.4 2.1 22 -5.6 -3.9 -1.0

Ladies 23 -4.8 2.6 -1.8 23 0.2 -2.4 -1.2

Ladies 24 -6.1 0.7 -4.9 24 -0.7 -0.2 -2.4

Ladies 25 -4.8 -4.2 1.2 25 -2.5 -4.7 0.9

Men | CPD Men | CPD

Source SS df MS F SS df MS F

Time 15.63 2 7.82 1.2067 9.83 2 4.92 0.4331

Error 116.6 18 6.48

204.3 18 11.35

Ladies | CPD Ladies | CPD

Source SS df MS F SS df MS F

Time 8.88 2 4.44 0.6555 17.18 2 8.59 1.1051

Error 189.67 28 6.77

217.70 28 7.78

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91

Table 10 (continued)

Matric worksheets for RANOVA

Conative

Social

Gender Sample O1 O2 O3 Sample O1 O2 O3

Man 1 -2.4 1.3 -0.2 1 1.9 1.1 3.0

Man 2 0.8 -0.1 -1.0 2 -3.7 1.9 -1.1

Man 3 -0.3 -2.3 0.9 3 -1.0 0.7 2.2

Man 4 -0.9 0.2 1.0 4 -3.1 -0.1 -3.6

Man 5 0.2 1.6 -0.4 5 -4.7 3.9 1.4

Man 6 0.6 -0.6 0.3 6 -2.9 -3.3 2.7

Man 7 1.1 -1.4 0.4 7 1.0 -4.3 1.6

Man 8 2.1 -1.6 -1.0 8 -7.3 2.5 0.8

Man 9 2.2 0.0 -1.7 9 3.1 -2.4 1.7

Man 10 -1.2 -2.5 1.8 10 3.2 -0.4 1.3

Ladies 11 1.4 -1.3 -0.2 11 -2.0 -3.8 0.1

Ladies 12 -0.1 1.2 -1.0 12 1.4 0.3 -4.4

Ladies 13 2.5 2.7 -0.6 13 3.4 -5.1 -3.6

Ladies 14 1.6 -0.3 2.1 14 -1.0 0.6 0.6

Ladies 15 2.1 1.4 0.3 15 -0.3 1.4 1.8

Ladies 16 0.9 -2.7 -1.6 16 0.4 2.3 -1.4

Ladies 17 1.6 0.9 1.3 17 2.6 0.2 -2.4

Ladies 18 1.0 1.3 0.3 18 6.8 -0.5 0.1

Ladies 19 1.2 -0.5 1.6 19 -4.1 1.9 4.2

Ladies 20 1.8 1.4 0.8 20 -2.5 3.4 -3.0

Ladies 21 1.9 0.4 -0.7 21 -5.0 -1.0 3.2

Ladies 22 2.6 -0.2 1.0 22 1.3 3.0 1.4

Ladies 23 -1.2 -1.0 0.5 23 -0.3 -1.1 -2.2

Ladies 24 1.9 0.9 1.7 24 2.4 2.2 4.1

Ladies 25 1.0 1.0 -0.5 25 -5.1 -3.6 -1.0

Men | CPD Men | CPD

Source SS df MS F SS df MS F

Time 2.96 2 1.48 0.6082 28.10 2 14.05 1.5632

Error 43.7 18 2.43

161.8 18 8.99

Ladies | CPD Ladies | CPD

Source SS df MS F SS df MS F

Time 10.20 2 5.10 4.8517 0.26 2 0.13 0.0154

Error 29.42 28 1.05

235.1 28 8.40

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92

Table 10 (continued)

Matric worksheets for RANOVA

WIDE

Gender Sample O1 O

2 O

3

Man 1 5.8 3.2 1.1

Man 2 2.8 2.5 -1.1

Man 3 1.9 3.2 2.7

Man 4 3.6 -3.7 1.5

Man 5 1.1 0.6 4.0

Man 6 1.1 1.5 -3.0

Man 7 3.8 1.1 0.9

Man 8 2.6 -2.1 5.7

Man 9 2.8 0.7 0.0

Man 10 1.0 3.0 0.1

Ladies 11 1.6 0.0 -3.7

Ladies 12 -1.4 0.1 -3.3

Ladies 13 -4.2 -1.2 1.6

Ladies 14 0.4 -2.8 2.5

Ladies 15 -0.4 -2.7 -1.4

Ladies 16 -3.3 0.3 0.0

Ladies 17 4.0 1.6 4.6

Ladies 18 -5.5 1.1 4.0

Ladies 19 0.8 -3.6 5.2

Ladies 20 -0.4 -2.4 1.2

Ladies 21 -2.2 -4.6 -2.7

Ladies 22 4.6 1.1 1.5

Ladies 23 0.5 -1.1 -0.1

Ladies 24 0.2 2.7 5.0

Ladies 25 -0.3 1.5 2.0

Men | CPD

Source SS df MS F

Time 16.14 2 8.07 1.4911

Error 97.44 18 5.41

Ladies | CPD

Source SS df MS F

Time 27.26 2 13.63 2.3988

Error 159.08 28 5.68

As the corr resulted were not be positive learning, therefore this sort of analysis had to be

read from the inside out as the negative corr of low values of one variable in associating with

the low value of the next measurement produces a positive sign of incremental learning. This

was not to say that within each gender group, there was no relationship in the carry over effect

of the learning process from one period to another. It meant that the measure was to compare

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93

the difference of each group’s CPD in each period with the same in the next measurement.

Therefore the negative corr had in fact was positive as it had added new learning because it

represented the characteristics of an Ogive curve (Everitt, 2002) which was a cumulative

distribution of function as in a learning curve. The Pearsonian analysis confirmed the learning

curve aspects in the MDP of FED though the cumulative effects were computed twice only

within three recordings only from O1 to O

3. The extended analysis used four analysis; OWRM

ANOV with Bayesian, Pareto distribution analysis of SVs, gender comparison and comparison

with independent GZ survey.

Table 11 Matric Result of Paired T-test and Descriptive Stats

t-Test: Paired Two

Sample for Means

Computed at 0.05 on

RANOVA on Force

Field Differences

within each gender and CPD for

COGNITIVE motivation quotient

within each gender and CPD for

AFFECTIVE motivation quotient

Men Ladies Men Ladies

O1 vs.

O2

O2 vs.

O3

O1 vs.

O2

O2 vs.

O3

O1 vs.

O2

O2 vs.

O3

O1 vs.

O2

O2 vs.

O3

Observations 10 10 15 15 10 10 15 15

Pearson Correlation 0.06 -0.15 0.29 -0.50 -0.28 -0.04 0.09 -0.76

df 9 9 14 14 9 9 14 14

P(T<=t) two-tail 0.20 0.78 0.25 0.73 0.47 0.97 0.44 0.51

t-Test: Paired Two

Sample for Means

Computed at 0.05 on

RANOVA on Force

Field Differences

within each gender and CPD for

CONATIVE motivation quotient

within each gender and CPD for

SOCIAL motivation quotient

Men Ladies Men Ladies

O1 vs.

O2

O2 vs.

O3

O1 vs.

O2

O2 vs.

O3

O1 vs.

O2

O2 vs.

O3

O1 vs.

O2

O2 vs.

O3

Observations 10 10 15 15 10 10 15 15

Pearson Correlation -0.20 -0.45 0.36 0.09 -0.54 -0.20 0.03 0.30

df 9 9 14 14 9 9 14 14

P(T<=t) two-tail 0.32 0.44 0.01 0.99 0.47 0.38 0.90 0.83

t-Test: Paired Two

Sample for Means

Computed at 0.05 on

RANOVA on Force

Field Differences

within each gender and CPD for

WIDE

Men Ladies

O1 vs.

O2

O2

vs.

O3

O1 vs.

O2

O2 vs.

O3

Observations 10 10 15 15

Pearson Correlation -0.07 -0.40 0.16 0.29

df 9.00 9.00 14.00 14.00

P(T<=t) two-tail 0.10 0.88 0.74 0.04

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94

RANOVA with Paired T-test and Bayesian

For the study period, the breakdown by the FF analysis, observations made thrice at 95% C.I.,

p<0.5, have suggested the following differences about their means for cognitive and affective

motivation. The conative and social dependent variables were negated. Being indirect

dependent variables, they did not incapacitated learning in FIS (Williams & Stockdales, 2004).

The production of Table 10 and Table 11 generated was to indicate the probability of

significance acceptance of motivational variables (State of Nature Sj) by Bayesian

transformation of Force Field.

Table 12 RANOVA Information

P (Men | CPD)

RMA on:

State of

Nature

Sj

Source SS df MS F Prior

P(Si)

Revised

Prior

rP(Sj)

Conditional

P(T<=t)

two tail on

df

Join

rP(Si)

P(t<=t)

Post

řP (Sj)

Cognitive Time 15.63 2.00 7.82 1.21 0.32 0.182 0.153 0.028 0.106

S1 Error 116.58 18.00 6.48

0.330 0.153 0.051 0.141

Affective Time 9.83 2.00 4.92 0.43 0.66 0.370 0.458 0.170 0.641

S2 Error 204.27 18.00 11.35 0.670 0.458 0.307 0.859

Conative Time 2.96 2.00 1.48 0.61 0.56 0.314 0.138 0.043 0 .164

S3 Error 43.74 18.00 2.43

Social Time 2.96 2.00 14.05 1.56 0.24 0.134 0.176 0.024 0.089

S4 Error 161.78 18.00 8.99

1.77 1.000

0.265 1.000

0.98 0.358

WIDE Time 16.14 2.00 8.07 1.49 0.25 0.252 0.089 0.022 0.274

S5 Error 97.44 18.00 5.41

Note: Bolded box Post rP in last column were used for measurement.

Note: (sample calculation)

i. Calculate Prior P(Si) -------> look up p value in ---->

http://danielsoper.com/statcalc3/calc.aspx?id=7 example for Cognitive input df=2 and

F=1.2067; P value calculator returns 0.32227449 (not the revised value next to it)

ii. NOTE Total probability must = 1 as that represent total composition of LEARNING i.e. every

occasion re-INDEX to 1.0 as new base

iii. Conditional P(T<=t) two tail on df = 0.20 x 0.78 = 0.153 -------------> Ogive curve theory

iv. Join rP(Si) ∩ P(t<=t) = Revised Prior rP(Sj) * Conditional P(T<=t) two tail on df = 0.182 x

0.153 = 0.028

Post řP (Sj) = Join rP(Si) ∩ P(t<=t) / Σ (Join rP(Si) ∩ P(t<=t)) = 0.106 or Men learning distribute as

10.6 % cognitive, 64.1% affective, 16.4 % conative and 8.9% social

0.2 x 0.78 = 0.153

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P (Ladies | CPD)

RMA on:

State of

Nature

Sj

Source SS df MS Prior

P(Si)

Revised

Prior

rP(Sj)

Conditional

P(T<=t)

two tail on

df

Join

rP(Si)

P(t<=t)

Post řP

(Sj)

Cognitive Time 8.88 2.00 4.44 0.52 0.281 0.182 0.051 0.106

S1 Error 189.67 28.00 6.77 0.604 0.182 0.110 0.554

Affective Time 17.18 2.00 8.59 0.34 0.184 0.224 0.041 0.085

S2 Error 217.70 28.00 7.78 0.396 0.224 0.089 0.446

Conative Time 10.20 2.00 5.10 0.02 0.008 0.039 0.000 0.001

S3 Error 29.42 28.00 1.05

Social Time 0.26 2.00 0.13 0.98 0.526 0.746 0.392 0.808

S4 Error 235.07 28.00 8.40

0.00 0.00 0.00 1.86 1.000

0.485 1.000

0.00 0.00 0.00 0.87 0.199

WIDE Time 27.26 2.00 13.63 0.109 0.109 0.032 0.003 0.113

S5 Error 159.08 28.00 5.68

Pareto distribution analysis of SVs

The direct intrinsic affective | cognitive dependent variables with a combined very significance

84.9 (men) and 83.3 (ladies) against CPD’s assumed 100 index level on the circled lower

section of Figure 5 suggested the IV (PI) exceeded industry’s expectation to cope with

processing information of previous learning aided by the interlinked affective motivation

variable. This information using affective | cognitive versus the more significance 68.8 (men)

and 69.3 (ladies) demonstrated formal lessons were effective.

To indicate the Force Field directions, circle in top right of Figure 5 indicated that

though both genders’ PI was effectively within industry’s significance at index level of 69 and

68.9 for the behaviorist | constructivism ratio. The reclassified ratio of affective | cognitive was

very significance with the results 84.9 & 83.3 shown in the top left of Figure 5 for men and

ladies at the assumed Pareto distribution of 20 | 80. This indicated that pedagogy effectiveness

improvement being small increment was not significant from the 80 | 20 level (see lower part of

Figure 5) of between 82.9 and 82.5, and between 68.8 and 69.3.

At the default Pareto distribution ration of 80 | 20 for constructivism | behaviorism in

Figure 4.1 and Table 13, both genders’ pedagogy index were measured at 69 and 68.9 for men

and ladies respectively when companies assumed 100 as the benchmark. This closeness

suggested there was almost no difference between men and ladies just by comparing the PI

without analyzing further as it risked compensating balance meaning differences within

individual number that in some way not seen which taken in totality. The significance was also

confirmed by “All correlation intern” of Table 14 which reported corr (R1|R2) 0.99, 0.97, 0.92,

0.9 & 0.79. As for CPD corr (R1|R2), the result was very significance for men though the

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96

exception of no significance -1.0 by CPD for ladies was traceable to the Reports SV R1 & R2

corr of -0.09 & 0.5.

Pareto

Distribution

affective | cognitive

Ratio

behavioral | constructivist

Ratio

20 | 80

50 | 50

80 | 20

Figure 5 Side-by-side comparisons of pedagogy growth by Pareto distribution

Manipulation of items in the behavioral | constructivism ratio had provided understanding of

the extent that interns were stressed with CPD related assignments during a particular time

frame before learning begins to diminish after the default 80 | 20 distribution threshold. As

O1 O2 O3

All 21.0 41.7 68.7

Men 21.9 42.4 69.0

Ladies 20.9 41.8 68.9

CPD 33.3 66.7 100

0.0

20.0

40.0

60.0

80.0

100.0

O1 O2 O3

All 22.6 53.5 83.3

Men 24.0 53.9 83.9

Ladies 21.6 53.1 82.9

CPD 33.3 66.7 100

0.0

20.0

40.0

60.0

80.0

100.0

O1 O2 O3

All 21.3 42.0 68.7

Men 22.0 42.5 68.9

Ladies 21.4 42.2 69.1

CPD 33.3 66.7 100

0.0

20.0

40.0

60.0

80.0

100.0

O1 O2 O3

All 22.2 53.0 82.7

Men 23.7 52.9 82.9

Ladies 21.3 53.0 82.5

CPD 33.3 66.7 100

0.0

20.0

40.0

60.0

80.0

100.0

O1 O2 O3

All 21.6 42.3 68.8

Men 22.0 42.5 68.8

Ladies 21.9 42.7 69.3

CPD 33.3 66.7 100

0.0

20.0

40.0

60.0

80.0

100.0

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97

company’s rating was only as good as interns’ performance, the comparative analysis of Figure

5 and Table 14 suggested that with more constructivism dimensions, small incremental

improvement might meant that constructivism SV had directly related impacted affective and

cognitive in FIS. Therefore, there was no need for further investigation on improvement

methods because intern’s capability was only as good as the companies’ ratings.

Table 13 Comparative Pedagogy Index Before and After Conversion

Affective | Cognitive ratio with RANOVA after

Reclassifying Selective behaviorist and constructivist

items into affective and cognitive motivational items.

conative and social Items were Negated in

Computation

Behavioral | Constructivism ratio without

RANOVA and without Motivational

Quotient Classification Process

Ro

ws

(i)

Co

lum

n (

j)

1 2 3 4 5 6 7Matrices

Computation

procedures Co

lum

n (

j)

1 2 3 4 5 6 7

1

2 Aff Cog Aff Cog Aff Cog B C B C B C

3 O1 3.78 3.96 4.02 4.21 3.61 3.80 5.72 Harmonic Mean O1 5.71 5.42 5.62 5.57 5.75 5.31 5.54

4 O2 4.90 5.00 4.61 4.99 5.10 5.01 5.34 O2 6.03 6.05 5.96 5.94 6.07 6.11 6.11

5 O3 5.78 5.86 5.87 5.82 5.73 5.89 6.50 O3 6.47 6.67 6.56 6.73 6.40 6.63 6.36

6 0.2 0.8 0.2 0.8 0.2 0.8 1.0Pareto

Distribution 0.2 0.8 0.2 0.8 0.2 0.8 1.0

7 O1 0.07 0.27 0.07 0.27 0.07 0.27 0.33 O1 0.07 0.27 0.07 0.27 0.07 0.27 0.33

8 O2 0.07 0.27 0.07 0.27 0.07 0.27 0.33 O2 0.07 0.27 0.07 0.27 0.07 0.27 0.33

9 O3 0.07 0.27 0.07 0.27 0.07 0.27 0.33 Pkt O3 0.07 0.27 0.07 0.27 0.07 0.27 0.33

10 O1 0.25 1.06 0.27 1.12 0.24 1.01 1.9 Joint Probability O1 0.38 1.45 0.37 1.48 0.38 1.42 1.8

11 O2 0.33 1.33 0.31 1.33 0.34 1.33 1.8 O2 0.40 1.61 0.40 1.59 0.40 1.63 2.0

12 O3 0.39 1.56 0.39 1.55 0.38 1.57 2.2 O3 0.43 1.78 0.44 1.79 0.43 1.77 2.1

13

14

15 O1 O1

16 O2 O2

17 O3 O3

18

19 O1 O1

20 O2 O2

21 O3 O3

22

23 O1 O1

24 O2 O2

25 O3 O3

26

27 CPD CPD

28 O1 1.00 O1 1.00

29 O2 2.00 O2 2.00

30 O3 3.00 O3 3.00

31

32 CPD CPD

33 O1 33.3 O1 33.3

34 O2 66.7 O2 66.7

35 O3 100 O3 100

41.7 42.4 41.8

68.7 69.0 68.9

2.06 2.07 2.07

Pedagogy Index (PI)All Men Ladies

21.0 21.9 20.9

Cumulative Pedagogy Effectiveness, CPI

All Men Ladies

0.63 0.66 0.63

1.25 1.27 1.25

Effectiveness Adjusted Value Ē

1.16 1.22 1.16

1.27 1.25 1.27

1.72 1.70 1.73

Harmonic Mean Discounted

0.64 0.65 0.64

0.63 0.63 0.63

0.78 0.76 0.79

1.83 1.86 1.80

2.01 1.98 2.03

2.21 2.23 2.20

All Men Ladies C

PD

Effectiveness Expected Value of Joint Probability Ê

All (A+C) Men (A+C) Ladies (A+C)

On

All Men Ladies C

PD OnPeriod k

t=1,4

= H k t

Probability distribution

(assigned)

1.00 1.00

1.31 1.39 1.25

1.66 1.64

1.00 1.00 1.00

1.00 1.00 1.00

1.00

22.9 24.3 21.9

54.0 55.0 53.3

All Men Ladies

Cumulative Pedagogy Effectiveness, CPI

Pedagogy Index (PI)

Not Required for RM ANOVA. Ē = Ê

Default to 1 as performed in RM ANOVA

83.9 84.9 83.3

1.62 1.65 1.60

2.52 2.55 2.50

All Men Ladies

0.69 0.73 0.66

1.68

1.95 1.94

Effectiveness Expected Value of Joint Probability Ê

1.95

1.66 1.64 1.68

1.95 1.94 1.95

All (A+C) Men (A+C) Ladies (A+C)

1.31 1.39 1.25 Ê k t

Improve over last

assessment

Hpn = 25, k t

[ CPI k t

/

CPI 3,4 ] *

100

Ē k t

H k t

. P k t

H k t

. P k t

= Ê k t

. Hpk t

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98

Table 14 Summaries of Sub Variables’ Rating & Ranking Correlations

Sub Variables SV weightage

s2

Rank

(s2) Wt.% Items

Career 47 7 0.32 0.32 9

Personality 27 4 0.01 0.01 1

Structural

Functionalism 27 4 0.17 0.17 6

Concept

mapping 58 14 0.13 0.13 5

Decision Tree 25 6 0.12 0.12 4

Knowledge

retrieval 17 4 0.22 0.22 7

Facilitation 39 7 0.31 0.31 8

Seminar 28 5 0.51 0.51 10

Workshop 33 6 0.04 0.04 3

CPD 100 10 0.01 0.01 2

67

CPD

Companies 100 10 0.09 0.09

CPD WIDE 100 3 0.33 0.33

Sub

Variables

Rating Correlation (R1) Ranking Correlation (R2)

s2

Rank

(s2

) All M L ML=

1

ML=

3 All M L

ML=

1

ML=

3

Career 0.84 0.67 -0.40 0.09 -0.60 0.75 0.51 -0.49 0.14 -0.49 0.32 9

Personality 0.93 0.79 0.95 0.99 0.68 1.00 1.00 0.80 1.00 0.80 0.01 1

Structural

Functionalism -0.27 -0.54 0.37 0.00 0.31 -0.40 -0.60 0.13 -0.13 0.60 0.17 6

Concept

mapping 0.26 0.33 0.08 -0.12 -0.74 0.16 0.32 0.10 -0.10 -0.49 0.13 5

Decision Tree -0.19 -0.11 -0.01 -0.41 0.86 -0.11 -0.33 -0.08 -0.18 0.04 0.12 4

Knowledge

retrieval -0.73 0.32 -0.75 0.17 -0.84 -0.72 0.26 -0.20 0.20 -0.26 0.22 7

Facilitation 0.08 -0.77 0.71 0.17 0.47 0.03 -0.84 0.79 0.00 0.51 0.31 8

Seminar -1.00 -0.80 -0.68 0.75 0.12 -1.00 -0.90 -0.60 0.90 -0.10 0.51 10

Workshop 0.10 -0.05 0.15 0.28 0.47 0.03 0.23 0.26 -0.11 0.54 0.04 3

CPD -0.03 0.12 0.08 -0.02 0.11 -0.24 0.10 0.01 0.15 0.18 0.01 2

CPD Companies 0.71 0.58 0.08

0.72 0.59 0.09

0.09

CPD WIDE -0.39 -1.00 -0.09

-0.50 -1.00 0.50

0.33

Correlation Intern 0.99 0.97 0.92 0.90 0.79

Correlation CPD 1.00 1.00 -1.00

Gender comparison analysis

From Table 14, the only significance and reasonable consistent correlation was found between

men | ladies in the personality SVs as well as CPD companies’ evaluation of their capabilities

which indicate although both gender learn differently, they were acceptable to CPD companies.

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All others indicators showed divergence between both genders in motivation, learning intent

and styles. Table 15 had ranked motivation SV as seen into what the purposive samples might

have perceived as important compared with the workplace’s perception. While interns

perceived conative as importance, it was the opposite ranked by CPD companies. Lady interns

perceived that contribution from social motivation was more than cognitive perception while

men interns perceived the opposite. From how interns perceive themselves and how senior

people in CPD companies perceive interns’ performance, interns being GZ young adults did not

agree with how senior people in CPD view them. This difference in perceived capability was

seen in conative by interns versus affective by CPD.

Table 15 Comparative Ranking of Importance by Interns and by CPD

Interns' self-rating Hµ over 3 months CPD rating Hµ over 3 months

Cogniti

ve Affective

Conati

ve

Soci

al WIDE Cognitive Affective

Conativ

e Social WIDE

All 4.9 4.8 5.2 5.0 5.9 5.7 6.0 4.7 4.8 4.9

Rank 3 4 1 2

2 1 4 3

Men 5.0 4.8 5.2 4.8 6.5 5.8 6.4 5.1 4.6 4.8

Rank 2 4 1 3

2 1 3 4

Ladies 4.9 4.8 5.2 5.2 5.5 5.6 5.8 4.5 5.0 5.0

Rank 3 4 1 2

2 1 4 3

The implication to learning had reflected on changing motivation methods to produce

improved learning. Both genders learning growth differs although learning were dependent on

affective motivation from 0.670 & 0.871 for men in the bordered upper section of Table 12

which measured p (Men|CPD) meant improvement was made from more signficant to very

significance . For ladies, the measurement was 0.396 & 0.446 meaning ladies formal learning

improved from rising significance to significance.

The lowered cognitive score doesn’t mean learning had retrograded by cognitive mean in

both gender. It simply meant that on a ratio basis, affective motivation was preferred by both

gender. affective means facilitating promptings at the right pace to keep interns engaged in

thoughts. The force field analysis reading indicated significance extrinsic expectation by CPD

companies and that their job offers indicated of interns’ acceptability by the industry. For

formal lesson evaluation of pedagogy index, the IV considered only the cognitive and affective

SVs which were indicated by the boxed values in Table 16 as men affective increased

significantly by 57.6 points and ladies improvement rising significance by 28.5 indicated. In

cognitive men improvement was less significance at 3.0 points where as ladies was rising

significance at 33 points. Clearly men learn differently than ladies. Given the variability of the

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purposive sample, the formal lecture incapacitated motivation SVs at 95% confidence level of

lower and upper limits for the various w Hµ were estimated in Table 16 as:

F (2, 18) =1.21, p<0.05, 8.0 < Hµ (Men cognitive index) <11 ⇒ less significance

F (2, 18) =0.43, p<0.05, 16.3 < Hµ (Men affective index) <73.9 ⇒ very significance

F (2, 28) = 0.66, p<0.05, 13.2 < Hµ (Ladies cognitive index) <46.2 ⇒rising significance

F (2, 28) =0.35, p<0.05, 8.7< Hµ (Ladies affective index) <37.2 ⇒ significance

Table 16 Permutation of Pedagogy Index

Extracts from bordered sections of RANOVA Table 12

Motivation type O1 Men O

3 Men O

1 Ladies O

3 Ladies

cognitive 0.330 0.141 0.604 0.554

affective 0.670 0.859 0.396 0.446

conative N/A N/A N/A N/A

social N/A N/A N/A N/A

1.000 1.000 1.000 1.000

WIDE 0.252 0.274 0.109 0.113

Extracts from circled part of Table 12

Example in O3 Ladies: 83.3 x 0.544 = 46.2 and 83.3 x 0.446 = 37.2

Motivation type O1 Men O

3 Men Increase O

1 Ladies O

3 Ladies Increase

cognitive 8.0 12.0 3.0 13.2 46.2 33

affective 16.3 72.9 57.6 8.7 37.2 28.5

conative N/A N/A N/A N/A N/A N/A

social N/A N/A N/A N/A N/A N/A

Pedagogy Index 24.3 84.9 21.9 83.3

N/A = not applicable

While the squared WIDE values aspect in Table 12 indicated a progressive value of 0.25

to 0.274 for men and 0.11 to 0.113 for ladies, these low scores were premature early to indicate

insignificance because the observations were made for three months the program had another

10 months to compete before it established that CPD had been helpful in consolidating practice

with theories.

The direct intrinsic cognitive motivation part of the dependent variable with a combined

higher value of factor of 69.0 (men) and 68.9 (ladies) against 100 (CPD) in Table 13 suggested

that they were within industry’s significance expectation to cope with processing information of

previous learning aided by the interlinked affective motivation variable. Then a better way to

produce result might effectively turned extrinsic motivation inside by using intrinsic means to

effect learning process. Narrowing asynchronous opportunities to induce more practice by re-

scaling the program might be one way.

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Having mentioned the importance of cognitive and affective motivators, this was not to

undermine the importance of social and conative motivation which were almost not consider to

influence knowledge delivery within FIS. Beyond FIS, CPD had added value to learning not

just by inducing practices but also by development of social relationship skills. Although

another component of the Force Field analysis considered conative and social motivation, these

two were indirect and insignificance to FIS. However, the dimensions of social forces that

might motivate or unmotivated learning was very highly indicated in ladies with a p<0.808

circled in Table 12. That showed ladies have strong social forces to incapacitate their

professional education and CPD by forming relationships through adding value from group

culture beyond the FIS as compared to p<0.090 circled in men; indicated more autonomous

learning.

Adding value through non-independent learning had low sustainability because without

peer assistance, it might reduce and handicap one’s autonomy development of cognitive

capacity (Kipling et al., 2003). The analysis had observe if companies were in agreement with

the interns’ progressive learning and capacity to retain essential knowledge in consolidating

pre-exist knowledge with new learning to create skills for the structural functionalism society

although this conative motivation SV’s scores at 0.166 (men) and 0.001 (ladies) of Table 12

were not significant. Extrinsic motivation had low indication in learning support as seen that

intrinsic motivations have overcome even the expectations raised by CPD companies as

indicated by the rating differences between CPD and interns in Table 13.

There were differences between genders’ learning pattern as seen in their direct intrinsic

motivational quotients. The indicator varies between genders; men learn more by affective

whereas ladies indicated more cognitive effects. This variant suggested some form of

rebalancing time in instructing concept maps with more case practice along with skewing

promptings to ladies from men. CPD was obligatory for professionals to motivate lifelong

learning to keep knowledge and practice current by adding on to one’s knowledgebase.

Interpretation/evaluation

Because the Pareto distribution points were close, displaying the effect in bar charts along with

graphs might provide better visual effects. The advantage of using quantitative approach, over-

reliance on numbers might drift analysis away from reality without considering other

qualitative context that might influence interpretation of those numbers. The use of exploratory

data analysis graphics might make it easier to visualize descriptive characteristics instead of

going into too much statistics that might lead to systematic bias due to over statistics

explanation (Tukey, 1980). Only four motivational SVs were identified instead of adding more

such as biological and culture because the purposive samples have negated variability. Learning

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had both extrinsic and intrinsic motivation; within each, there were direct and indirect. Each

type of motivators was not isolated by itself as the four motivators influence each other.

Intrinsic and extrinsic motivation were synonymous with pushes (pressure) and what pulls

(attracts) to demonstrates through incentive, need, self-determination, to direct behavioural

change that affects independent learning.

To determine the effect of MDP, the study identified divergence, convergence and

consistency in SVs by stating only the top 20% of preferred items after O3

of Table 17 from

Table 5 to Table 8. The lengthy process to arrive at this final stage had taken a series of

complex quantitative analysis. Through extended data mining analysis the affective and

cognitive motivational dependent variables for learning were data mined to ascertain a

summary of the pedagogy effectiveness, which suggested men learn better by affecting

motivation, was very significance over ladies while it was the inverse on the cognitive aspect.

The findings agreed with the interns’ progressive learning and capacity to retain essential

knowledge in consolidating pre-exist knowledge with new learning to create skills for their

structural functionalism society.

Although the conative and social dependent variables were not considered in the

evaluation of PI effectiveness, however from Table 12, the conative dependent variable

happened to equate the behaviourist dependent variable that had SVs like career, personality

and structural functionalism. Nonetheless, the mentioned preferences stated that interns wanted

a career that combines finance and economics, instead of accountancy. Interns emphasized their

families depend on them for future support and interns preferred to spend less time reading

news online. Though interns were aware that their country might need more people with FE

skill, however they were less keen as other items ranked near the top indicated interns were

firm on going abroad for higher income (China Daily, 2012 Nov 7).

In Table 17, the cognitive dependent variable consisting of three SVs: concept map,

decision tree and knowledge retrieval, suggested interestingly that concept map and decision

tree were ranked top preference. Their thinking techniques were found helpful to interns’ career

as the instructional procedures were well received was among the top 20%. Preferences ranked

near the top mentioned these two tools were helpful in storing information and organizing

thoughts. Additionally interns have enough opportunity to apply these thinking tools at their

internship. Other priority preferences included internship assignments and ethos of CPD

workplace.

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Table 17 Statement of Variables’ Top 20% Rank after 1st and 3

rd Recording

Rank

Variable Sub-variable Item # Description O1 O

3 Status

Cognitive Concept map 13 The concept mapping techniques will help

my career

1 1 ■

8 I have enough opportunity to apply

concept-mapping techniques at my

internship.

4 2

9 The procedure in mapping concept was

clearly taught.

12 3 ▲▲

Decision tree 4 The decision tree thinking method helps my

career.

3 1 ▲

Knowledge

Accessibility

2 I always access the direction given to get

the knowledge.

3 1 ▲

Affective Facilitation 6 I read the bulletin board daily. 4 1 ▲

2 The facilitator communicated regularly on

electronic bulletin board.

1 2 ▼

Seminar 3 I have opportunities to participate in all

seminars but I did not

5 1 ▲▲

Workshop 2 The workshop s caused me to think 1 1 ■

Conative Career 4 I want a career that combines Finance and

Economics

1 1 ■

Personality 3 My family depends on me to support them

in future

1 1 ■

Functionalism 3 My country will need more people with

financial economics skills.

4 1 ▲▲

Social Relationship

at Internship

2 My assignments at internship contribute a

lot to my career development.

3 1 ▲

8 The internship company is pleasure to work

in

10 2 ▲▲

CPD company

9 The intern was able to handle and accept

direction and criticism

1 1 ■

8 The intern worked independently with

minimal supervision

5 2 ▲

WIDE

1 The interns twice a month write up

accurately match the company's activities to

the report objectives

2 1

Status legend: O1=1

st occasion, O

3=3

rd occasion

■=consistent, ▲= convergence, ▲▲= more convergence, ▼=divergence

There was a preference for knowledge directions from electronic interfaces as indicated

by interns’ priority to access electronic bulletins. In totality interns’ cognitive dependent

variable were able to provide intrinsic support to counter extrinsic expectation from CPD. Men

affective SV improvement was significance by 57.6 points and ladies rising significance by

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28.5 points in Table16. In cognitive men improvement was less significance at 3.0 points where

as ladies was rising significance at 33 points. The reason each gender learn differently was

further explained by earlier SV analysis from the behaviourist and constructivism dependent

variables; from which were extracted 20% of top and bottom items as preferred items after their

3rd

occasions.

Also from the same table, the affective dependent variable consisting of three SVs:

facilitation, seminars and workshops, saw preferences for less face-to-face communication with

the facilitator. Findings also included preference for workshops over seminar because the FED

workshops have engaged stimulative thinking through Excel ® both as learning groups and on

individual basis. There was less desire to participate in seminar and less desire for interruption

from promptings which suggested that interns like their own learning pace to be respected.

The extrinsic pressure from CPD affective expectation suggested that though CPD

assignments and workplace were highly ranked, the risk to CPD were more likely that interns

might not stay on after CPD and CPD companies expected this. On ratio comparison, a higher

pedagogy performance was observed when only affective and cognitive sub variables were

considered instead of considering all items. There was no distribution of value per SV hence PI

was an arbitrary measurement. Therefore assuming all 79 items was to receive equal weight,

and then the concept map, facilitation, and internship SVs were respectively ranked in term of

importance over 10 SVs. In terms of intrinsic versus extrinsic motivation, men were found to

perform intrinsically better than ladies with a very significance rating of 84.9 in Figure 5

compare than ratings that only considered behaviourist | constructivist. In this aspect Piaget

(1950) claimed that one’s cognitive maturity reflects interns’ understanding the first real

professional world by coming to term with expectation of CPD’s extrinsic motivation yet have

depended on their ability to avoid extrinsic pressure and by doing so were self-esteemed from

their developed capacity. While this agreed with the expectancy value theory (Fishbein &

Ajzen, 1975), then turning extrinsic motivation inside out with emphasis on intrinsic means to

produce learning might be more effective. Doing so might narrow asynchronous opportunities

to induce more practice with re-scaling the program to cumulate learning by adding on

experiences of distributions from varieties.

Convergences

Out of 79 items: 66 intern ratings and 13 CPD ratings, across 12 SVs in 4 variables, 11 have

converged (▲). Of these 11, 3 convergences were more significant (▲▲) such as concept

mapping instructional method as interns became more familiar with how it was delivered. Work

based learning at CPD was a significant aspect of social motivation as agreed as interns became

more aware that more people with FED skills were needed.

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Divergences

There were two divergences (▼) among the 17 top items ranked as top 20% among the 12 SVs.

This item, which belonged to the facilitation SV, was insignificant upon examining the details

in Table 6 because reliance on electronic media had increased. The reason for not participating

in seminars was a divergent, perhaps over the study period; increased module contents might

have shifted participation to electronic means as indicated in the analysis details in Table 6.

Consistencies

Five items have held their consistent (■) top ranked positions. Interestingly, among these five:

concept mapping techniques positivity to career and workshop as a thinking construct, were

much preferred.

Observation of carryover-effects

There were two observations of carryover-effects. The differential carryover effect in learning

was obtained from observing the ratings with darker border in Table 1, Table 14, and Table 15.

Despite the ‘dip’ in Personality score of Table 1 for both genders, this conative SV consistently

ranked top at first and third measures. In the SV item “My Family depends on me to support

them in future” might have stressed students’ learning the result was to be known later in their

eligibility to graduate and secure a competitive position. Among men, there was an interim

dipped from 5.9 to 5.7 in the constructivist table of Table 1 but that was counter-balanced by

rise in all other constructivist SVs in Table 1 and cognitive SV items in Table 17, despite mild

divergence in facilitation and seminar.

As for practiced-effect, investigation of Table 2 highlighted increased ratings’ divergence

related to ‘enthusiasm’ and ‘attitude’ observed in questionnaires item 2, 3, and 12. The counter

balances of these ratings were observed in improved ratings of the remaining 10 out of 13 items

including being offered to continue in their CPD companies upon graduation. Also, the

divergence of items 2, 3, and 12 happened in December 2010 when activities were higher due

to year-end closing whereby accounting and finance departments usually received greater

pressure while for interns (being still as students) were getting into festive mood. As

divergences were counter-balanced, no practiced-effects differential was observed.

Short Comings of the Study

From the study, discoveries suggested a need to investigate the research instrument as it had

produced results using simple averages before this study. This had made it difficult to formulate

analysis to correlate each average with another across time without risking guidance for

correctly interpreting motivation required to produce learning, partly due to the misplacement

of validity and reliability assessment procedure (Miller, 2012). However the study had agreed

to perform due diligence to qualify necessity for changes in order to abide by agreed ethics of

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withholding comment until the study was over. In addition, the interns having come into a new

learning environment of totally different assessment mode have to rebalancing their priorities

and social orientation. This aspect was not reflected into the existing research instrument.

Therefore, the need for investigation had viewed the data from new perspective to sight new

information dimensions that had shown direction and effectiveness of the pedagogy for

enhancement / error-correction. Moreover, the existing research instrument had shortcomings

for they were three years old, not updated and the numbers of questionnaires were uneven

weighted according to Table 14, which had cognitive weighted at 0.36, and social (internship)

weighted at 0.15. Therefore in view of a city’s fast pace of social development, the instrument

might have not have found time for enhancement.

The study had explored the effects to professionalising FED. The effect on the change of

intern’s rated capability and companies rating were dependent upon motivational variables

mentioned to understand these variables’ performance and their causal effects (Harter, 1981).

Therefore, the research instrument might be enhanced by using only questionnaires that directly

relates to cognitive and affective items. In addition, a lengthier study was recommended to

observe interns if direct affective intrinsic motivation might be superseded by cognitive

motivation with improved instructional pedagogic tools to keep interns engaged. The existing

instrument was recommended to be simplified with reduced questionnaires so that frequent

weekly survey might be arranged: O,X,O1,O2,O3,O4,X,O5,O6,O7,O8, X……….X,On from

the current O,X,O1,X,O2,X,O3.

Concluding Remarks

Table 18 offered a statement of findings that have identified the quantitative analysis towards

satisfying the objective questions for the research objective. The PI being the IV was to

measure the effectiveness for the FED program and from understanding the IV, the study

reasoned shortfalls that reduced graduates’ employability. The measure for MDP of FED

effectiveness only considered formal lessons and by reclassification had excluded conative and

social motivation as dependent variable. The reclassification retained only the affective and

cognitive dependent variables whose items have originally belonged to the constructivist

dependent variable. In doing so, the pedagogy index resulted in higher measurement than when

both behaviourist and constructivism items were considered in totality. A separate paper had

discussed the findings itemized in Table 14 and Table 17. The remaining tables that generate

information for these four tables are referred for further references.

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Table 18 Corresponding Table Reference to Statement of Findings

RO RQ Main Findings

Referenced

Tables &

Figures

I

1 With Delphi method within data mining approach, pedagogy index shown

pedagogy performance had actually increased

Table 7

2 Analysis of each SV in isolation found SVs grouped by their motivational

category for RANOVA in Table 12 showed interns prefer tech based

workshops

Table 5

Table 12

Men preferred learning by affective twice more than ladies but ladies

cognitive learning were more through other means indicated in SV rating &

ranking correlation

Table 14

Observed differentials in carryover effect were counter-balance by

constructivist variables.

Table 1,

Table 14

Table 17

3 Grouping of SV under each of the 4 motivational variables showed top 3

contributions to learning from internship, personality profile and workshop.

Table 8

Table 7

Table 6

Table 17

Instructional pedagogy shown indirectly in Affective variable group had low

correlation ranking of 8 for facilitation and 10 for seminar indicating these

two were less attractive. However, the workshop components of Affective

ranking 3/10 indicate interactive learning through computing/electronic

media was more effective to keep interns engaged

Table 17

Table 14

4 Men were more participative in formal workshop and seminar. However all

interns’ preference for computer assisted instructional workshop as they rated

it important in assisting thinking.

Table 6

Table 14

Learning styles varies between genders and between interns and CPD

companies, which indicated interns were self-directed. Though no correlation

analysis was possible between personality SV and CPD rating due to unequal

data array which correlation analysis required, visual comparison indicated

interns’ personalities were responsible for their self-directing ability.

Table 14

5. SVs that engage learning through instructional design, which grouped

facilitation, workshop and seminar. All interns preferred electronic interface

to human interface. This concurs with GZ characteristics.

Table 6

The closest external source of demographic reference was from an

independent profiling of GZ, which had close visual agreement.

II

6 Work based learning seemed highly preferred by both interns and CPD

companies Although comparative ranking in how interns choose to learn and

how CPD wish intern to learn were almost entirely opposite However their

separate correlation between rating and ranking very high (0.99 and 1.0).

Though the data array were unable to perform correlation between these

internship and the personality SV, the fact that personality being the top

placing seemed to be a motivating factor.

Table 8

Table 14

Table 17

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Comparative ranking of motivational variables importance by interns and by

CPD companies showed both parties have almost entirely different idea of

how interns wish to learn and how CPD companies wish interns to learn

Table 14

Observed investigation suggested divergence related to ‘enthusiasm’ and

‘attitude’ was countered balanced by the remaining 10 out of 13 items

including job offered to continue in their CPD company upon graduation.

The divergence happened in December 2010; a cyclical period for increased

accounting and finance activities.

Table 2

Table 17,

Table 14

III

7 The quantitative indication of increased human capital value was by many

positive CPD companies rating about interns’ ability to handle and accept

direction, work independently with technical ability capability. These

efficiencies were among key requirements by industry for further self-worth

through independent professional development.

Table 2

8

The nearest empirical analysis found men favored this discipline more. Both

genders were from professional accounting programs. Their transfer to this

was an indication that there were future careers from this new discipline

according to their raised awareness of opportunities in my city as financial

capital.

Table 7

Legend: RO=Research Objectives, RQ=Research Questions

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PAPER 5

How Generation-Z Wants to Learn

Author: Matthew Goldman Kimher Lim

Adapted from Chapter5 of unpublished PhD Thesis, “Market Driven Pedagogy for Financial Economics

Decisions – An Exploratory Study.”

Abstract -The study implied that suitable instructional pedagogy had increased motivation for

learning FED. Incremental learning of FED had expected from facilitation by computer based

instructional pedagogy towards social learning. At the same time, educational technology

catalyst now available for Science, Technology, Engineering and Mathematics known as

Pedagogy 3.0 is expect to extend to FED.

Introduction

This paper referred to research findings summaries of Table 18 in Paper 4, with supportive

tables from previous papers or their extracts embedded into this paper’s discussion as and when

necessary. The background of the study had formulated the problem statement by discussions

of mismatched pedagogy, curriculum relevancy, impending human capital shortage, demand

for MDP, GZ view of learning, partial resolution and pedagogy research gaps and hindrance to

graduates’ employability. Further information is extract from related tables where necessary to

facilitate discussions. For analytical details, reference might be made to respective sections and

details in Paper 4. This paper correspond each question to the respective stakeholders: interns,

CPD companies and higher education.

Concerning Graduates as Stakeholder

The discussion centered on process to determine motivation variable for FED pedagogy,

discovery of new knowledge about learning , interpretations the newly discovered knowledge

about motivation and learning, their oorder of importance, FED skills for employability,

gender’s motivation and learning style.

Process to determine motivational variables for FED pedagogy

Regarding RQ 1, to know the means about behavioral and constructivism variables in the study

and the missing information that informed better about the pedagogy effectiveness, it was first

looked at what the market was driving at. In “Are they ready for Work?” Casner-Lotto &

Benner (2006, p.14) reported 69.9% respondents identified critical thinking/problem solving

the lowest of three top deficiencies of applied skills among high school graduates. On the other

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hand, 81.8% respondents reported deficient skill in leadership as the top of three deficiencies

among four year HE diploma. The widened gap between 69.9% and 81.8% had partially

attributed to cognitive abilities that enabled problem solving and in turn enabled leadership,

though leadership encompassed other abilities as well but largely the ability to lead in getting

things done.

From the original behaviorist and constructivism variables, little information was

extractable from the survey other than to determine the degree which constructivism affected

behaviorism from the 79 questionnaire items and whether together as internal motivation was

able to counter the extrinsic pressure of CPD. Before reclassifying database, the empirical

database was unable to reflect which SVs were responsible for each of the four types of

motivation for learning in the study.

The objective to identify the motivational variables that related the program more

effectively was satisfied in the study by the data mining analysis method, which through the

Delphi method made it possible to reclassify the questionnaires according to their appropriate

motivational category for formal learning. Through ranking items within each SV, their top

20% items resulted in a revised pedagogy index showed pedagogy had been more effective than

expected. By this enlightened knowledge, instructional methods guided to enhance productivity

in learning through managing time and instructional methods of two variables’ SVs: concept

map, decision tree, knowledge retrieval, facilitation, workshop and seminar.

New knowledge discovered about learning

With just behavioral and constructivism comparison, it was difficult to pinpoint the area that

needed more improvement to enhance employability. To address RQ 2, it was not enough just

to argue that the motivational dimensions existed and that reliance on interpreting each sub

variable was sufficient; no doubt, they were interlinked. The ranking of SVs by their correlation

significance between their rating and ranking correlation was insufficient as well to guide

exactly where to focus in FIS or where deficiencies exactly were. Knowing the right

motivational variables were important direction to meet market driven needs. External reports

had it that lack of decision-making skills was among the main reasons for low employability to

fill the structural functional voids in society (Ng et al., 2011; Hairi et al., 2011). Additionally,

existing behavioral and constructivism items were unable to lead in the construct of visual

understanding of human capital value that the FED program pedagogy had arbitrarily projected.

Because societies’ functionalism varies broadly according to their fundamental

differences in culture, norms, languages, religious beliefs, motivators and influencers to modify

behavior, constructivism might achieve greater result if they were structurally localized (Chan,

1999; Parsons,1975). This aspect confirmed to certain extent that behaviorism and

constructivism theorists might not be taken out of western context because in motivating

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learning, keeping interns engaged had remained the key (Papoutsaki, 2006) to establish a low

risk fundamental platform for organizing the development of learning. The reason being that

the fundamental of engagement rest largely in the ability to build upon pre-exist knowledge

because new meaning were constructed only when new information matches some of the old.

Employability directly referred to a person’s capability to fit into the structural functional

needs of society of the times, according to Parsons (1975) and further confirmed by a joint

statement by Gomory and Shapiro (2003, p.1). What Parsons, Gomory and Shapiro referred to

was that industries exits for economic growth reason (Butler-Bowdon, 2010) and one of the

resources of a nation’s wealth was human capital that were trainable to meet economics

opportunities when those opportunities became available.

A study by Mohamad et al. (2009) mentioned that graduates faced employability because

they lacked decision-making skills. Decision-making skills were also among the key needs of

employment; Ng et al. (2011) concurred that in their study “Malaysia needs an education

system that was market-driven in order to produce work-ready graduates”. These authors were

referring to motivation to learn for a career. Motivation might be extrinsic or intrinsic or a

combination in varying proportion (Steel and Konig, 2006). In CPD there were more social

factors to consider that meets individual needs within the group and sometimes requirement to

conform to social learning norm as found in the study that interns have very significantly

ranked their preferences for “The internship company was a pleasure to work in Table 17 of

Paper 4.

When intern groups formed according to certain criteria, polarity dilution might

minimize ethos for constructive structural functionalism when internship was purposive to

register new meaningful learning than just the objective of knowledge (Papoutsaki, 2006).

Internship within structural functionalism redefined ethos when interns work in ways that were

more effective that result in higher learning outcomes as CPD had sustained engagement and

the medium of engagement was involvement by means of some form of connectivity to draw

attention (Hopkins & Mel, 1993). The composition of such constructive structural

functionalism approach had required experience and skills, which suggested the dimension of

collaboration between interns and CPD that reclassified as social motivation. This social

motivation had improved the engagement process. To produce effective learning to bring out

the ethos of the whole thing that gave a sense of worth about the program, thinking methods,

mental development, emotion and behaviors; evidenced by convergence in the social variables

of Table 14 in Paper 4 and internship ranked 2nd place in Table 14 of Paper 4. However, unless

the behaviorist and constructivism items divide to illustrate more meaning, their interpretations

were limited to influence program effectiveness. This was because knowing where to enhance

depended on grouping SVs according to their common denominator. Of the 12 SVs in Table 17

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of Paper 4 directly belonged to constructivism of FIS: concept map, decision tree, knowledge

retrieval, facilitation, seminar and workshop.

Motivation for learning

In discussing RQ 3, missing information about motivation for learning to inform about the

MDP effectiveness for enhancing graduates’ employability, the discussion first rationalized the

reasons for motivational variables and their order of importance for subsequent discussion of

findings market expectations in FED thinking, professionalisation, delivery design and lastly

human capital perspective. Huitt (2011) mentioned six classes of motivation for learning. The

primary keywords for discussion were depicted in Figure 1 but since their motivation class

were unknown, the data mining method used to satisfy questions for Objective 1 had revised

the two original empirical classification of behavioral and constructivism items to four

motivational classes; affective, cognitive, conative and social.

Motivation for knowing FED

Intrinsic Extrinsic

affective cognitive

behaviorist constructivist

Figure 1 Primary keywords inter-relationships

These four variables of learning further divided into formal and informal learning. The

study limitation had only to consider the formal learning motivators, which further considered

only FIS. Analysis of the informal motivation variables conative and social analyzed

supplemented explanation when required. This was because learning had both extrinsic and

intrinsic dimensions and within each of them, there were direct and indirect motivational force

field (Lewin, 1997). Intrinsic and extrinsic motivation was synonymous with pushes (pressure)

and what pulls (attracts) demonstrated through incentive, needs and self-determination to direct

behavioural change that affects autonomous learning.

Among the four motivation variables, only the cognitive and affective directly impacted

this study because instructional aspects of the FED program was limited to within FIS although

learning went beyond CPD. Understanding the conative motives complemented understanding

the intertwine of the cognitive and affective aspects of FIS. This understanding was fully

supported by Loan (2011), Tremblay and Le Bot (2003) and Petrosky (1996). They expounded

that the sandwiched model of learning of formal lessons and industry practices, have sustained

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Germany and Austrian employability because the transactional effects of the relationship

between learning and practices have increased effects of reasoning from doing with reinforced

theoretical understanding. More importantly they argued that Germany and Australian dual

education system model was responsible for reduced staff turnover which implied that people

were less extrinsic motivated to move on till they have learned sufficiently to feel confident.

The cognitive and affective intrinsic motivational variables were more important in FED

because they represented the contact time which interlinked seminar and workshops, and had to

be discussed together. Learning had plenty doing with information processing, storing and

retrieval (Huitt, 2003) and instructional methods were directly related to this end in learning

how to process information (Lau & Chan, 2012). The cognitive aspect identified with

instructional methods to develop FED thinking path to retrieve the right knowledge in time to

process information for making professional advise/decisions that were expected of

professional exams and CPD while the affective aspect trigger the engagement of mind, matters

and form.

Table 1 Extracts of CPD Companies & Reporting SV Ranking Analysis 1s & 3rd

recording

1st 3rd

A=All, M=Men, L=Ladies, ML=inter-gender, 1 or 3 = occasions A M L A M L

1 The intern was self-motivated during internship 8 9 7 10 10 5

2 The intern displayed enthusiasm and interest in doing good job 10 3 10 7 2 10

3 The intern demonstrated a positive attitude during their employment 3 5 1 6 3 8

4 The intern displayed a strong sense of professionalism 2 2 3 4 4 6

5 The overall quality of work produced by the intern was adequate 8 7 9 9 7 7

6 The level of the technical ability displayed by the intern was adequate 4 3 4 3 6 3

7 The intern displayed cooperation and ability to work with others was

effective 7 7 8 5 9 1

8 The intern worked independently with minimal supervision 5 5 6 2 8 2

9 The intern was able to handle and accept direction and criticism 1 1 2 1 1 4

10 The intern has prospects of regular employment with the company after

the internship. 6 10 5 8 4 8

Rating Correlation (R1) Ranking Correlation (R2)

All M L All M L

0.71 0.58 0.08 0.72 0.59 0.09

s 2 corr (R1,R2) = 0.23

1st 3rd

A=All, M=Men, L=Ladies, ML=inter-gender, 1 or 3 = occasions A M L A M L

1 The interns twice a month write up accurately match the company's activities to the

report objectives 2 1 2 1 3 1

2 The intern's dissertation twice a month report was interesting, practical and

demonstrates applying of financial economics decisions at the company 3 3 3 2 1 3

3 The intern offered creative input or suggestions to the report 1 2 1 3 2 2

Rating Correlation (R1) Ranking Correlation (R2)

All M L All M L

-0.39 -1.00 -0.09 -0.50 -1.00 0.50

s 2 corr (R1,R2) = 0.41

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According to Piaget (1950), the importance of igniting interest in learning became

important to elevate interest to a higher intrinsic skill. By that, a person might continue to

develop without being drawn by extrinsic means of rewards that might follow without the

pressure of chasing after learning (Huitt & Hummel 2003). Vroom’s (1995) expectancy theory

suggested that learners were motivated when their expectations of what they might have learnt

were met. That was the reason for measuring the extent of when interns’ learning expectation

had been met before they move on. The study’s interpreted that interns’ anxiety to move on was

indicated by CPD’s rating of interns’ prospect for regular employment which diverged from 6th

to 8th position and correlated to interns’ self-motivation divergence from 8

th to 10

th position (last)

despite CPD’s elevated of interns’ skills suitability to the job indicated in Table 1.

Motivational variables order of importance.

RQ 3 had its core that motive was the objective behind an action. There was a motive behind an

action; be it behavioral or constructive, and might either rightly or wrongly cause the type of

motive to attract or to repel learning. The explanation of ‘have to’ and ‘want to’ in learning

likewise suggested ‘have to’ as fear of failing in a program or ‘want to’ are; determination to do

well hence motive was either extrinsic or intrinsic for a period of time and might either

continue as extrinsic or cross over to intrinsic (Deci & Ryan, 2002). In the need to understand

the type of motivations to evaluate between needs and fulfillment, the drive towards an intrinsic

or extrinsic motive was explained by Herzberg (1987) hygiene factors; an expansion of

Maslow’s (1954) hierarchy of needs. In reality, motivations are not a steady state and alter

according to influencing factors that modify its temporary state according to Steel and Konig

(2006). Therefore, rankings might fluctuate over time according to changes in the

operationalized definition of personality.

The study produced the means to determine what information produced the capabilities

in FED skills that market had expected to constitute key aspects of employability. Because the

empirical database by one way repeated measures had originally classified its 79 items as either

behavioral and constructivist, therefore these two variables were viewed in a different

dimension to know which aspects of motivations have these two variables caused learning,

what, why and how. Findings from Paper 4 had shown that the situation for divergence or

convergence had shown that learning had enhanced beyond FIS through CPD activities. This

had further consolidated knowledge especially for ladies interns as indicated by the higher

probability of 0.808 than men, circled in Table 12 of Paper 4 about RANOVA and concurred

by Table 1 that had CPD companies rated ladies’ interns’ cooperation as top. The study had

observed that if companies were in agreement with the interns’ progressive learning and

capacity to retain essential knowledge in consolidating pre-exist knowledge with new learning

to create skills although conative motivation dimension was insignificant. Extrinsic motivation

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had mixed indication in learning support because intrinsic motivations have overcome even the

expectations raised by CPD companies as indicated by the rating differences between CPD and

interns. The actualization of needs had to some extent allowed intrinsic to supersede extrinsic,

depending on the changing of needs (Maslow, 1954; McGregor 2006).

Having mentioned the importance of cognitive and affective motivators, this was not to

undermine the importance of social and conative motivation to influence knowledge delivery

beyond FIS. Beyond FIS was where CPD added value to learning not just by inducing practice

but also the development of social relationship skills as Table 15 in Paper 4 have conative

ranked opposing by interns (intrinsic ranked top) and by CPD companies (extrinsic ranked

bottom). Interestingly affective motivation was opposite that of conative. These two motivators

ranking applied to both gender as well. A possible explanation was that in the study,

supervisors at CPD Company were either born from the tail end of Generation X or somewhere

within Generation Y whereas interns have GZ profile. These two generations have different

perspectives of work culture, career expectation (Jones, 2012; Trunk, 2011).

Additionally their increased emphasis on social leisure importance might have shifted

away work values (Twenge et al., 2010). Lady interns also pay less attention to cognitive

(ranked 3) against men intern (ranked 2). However the original variables; behaviorial and

constructivism in the study showed this was not the exact finding and suggested extrinsic

motive were more important from interns’ mid-ranked “income more important than skill” and

top-ranked “family depends on me to support them in future”. Additionally, interns’ increased

awareness of FED career opportunities in financial city received top rank as well as intention to

immigrate, suggested that incentive was the extrinsic motive for radical behaviorism (Schneider

& Morris, 1987). That CPD mid-ranked interns employability despite rating performance

higher was also an expectation that interns have a history of moving on after CPD though all

interns were offered regular employment (which did happened after CPD ended half year later).

Moreover, after the original variables were revised to four motivational variables and

retaining only cognitive and affective, had shown that interns were attracted towards learning

concept mapping and decision tree indicated of Table 17 in Paper 4, that they perceived those

skills have helped their career. Again, this ability had a mix of both extrinsic and intrinsic

motives; extrinsic because more skill increases employment mobility and intrinsic because it

increases their self-worth. Though fulfilling need (Maslow, 1954) was common in the

personality sub variable which the study confirmed with a consistent top rank of “family

depends on interns to support them” and bottom rank of personal time in” reading news and

information”, the challenge going forward for the FED program was to cause more intrinsic

motive for the learning FED (Dolan & Steven, 2010). This was an important challenge because

initial priority of liking concept map and decision tree thinking skill became bottom ranked,

again further confirming extrinsic attraction by career and the income.

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Wheather extrinsic motivation continued to be the stronger force that encouraged

learning was not fully indicated by the study and time limitation of the study did not permit

tracking opinion change. Huitt (2003) suggested that intrinsic was a better motive for

constructivism development. However his study also did not have a time line that tell whether

after a person learn from extrinsic incentive, the person might in future construct learning from

intrinsic. A reason to believe this might have happened after a person had actualized his goals

(Edwin & Latham, 2006; Swezey et al., 1994). Doran (1981, p.35) acronym learning as

S.M.A.R.T.E.R.: Speficic, Measurable, Attainable, Relevant, Timely, Evaluative, Reevaluative

in the setting of goals to learning outcome that might still reflect interchangeably as extrinsic or

intrinsic at different time i.e. beginning as extrinsic and became intrinsic after actualization

(Meyer, 2003); beginning as affective extrinsic to later cognitive intrinsic.

The findings have it that pedagogy was significantly effective by constructivism means

of affective and cognitive motivation in learning though more reflective in men than ladies and

vice-versa. Affective received more attention in the study than cognitive because its SVs

facilitation, workshops and seminars linked with the cognitive SVs. The link was highlights by

preferences in accessing information by electronic media indication a departure from contacts

in formal lessons. This had supported interns’ preference for workshops over seminars as

computing media had replaced the engagement media that traditionally happened in formal

lessons. The focus of attention from top ranked preferences that caused the significance was

concept map as a thinking tool was perceived as helpful to career and the opportunity practice it

and the way it was taught. Concept map had complemented decision tree thinking tool as

helpful for career.

The secondary quantitative findings were not within the pedagogy effectiveness

measurement and the objective questions but were important to supplement the study indicated

that the dependent variables conative and social have contributed to learning. This had

indicated that by ranking preferences, learning had extending beyond FIS through conative

means such as internship, awareness of FE related career and future need to support family.

Additionally, the higher significance social motivation by ladies showed the importance of

learning through social means. Interestingly the top item of three SVs (internship, decision

tree and concept map) all have mentioned career (Liang, 2012). This agreed with Casner-Lotto

and Benner (2006) report that critical decision-making skills and professionalism capabilities

were required keys for employability; top of the list was 80.9 % reported deficiency in written

communication

Decision-making for employability

The adoption of Alderfer’s (1972) thoughts, the ability of knowledge management by decision

tree and concept map for input-output efficiency speeds up growth and relatedness in FED.

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Based on the 20 | 80 rule (Juran, 1994), getting 80 performances with 20 percent of knowledge

was the target with right thinking methods (Babauta, 2009). Through end-in-sight conceptual

mapping techniques, cognitively overloading of non-essentials might avoid better data

immediate access to knowledge warehouse in the mind and clearer decision-making paths.

The Knowledge Retrieval SV had shifted toward preference for seeking electronic

direction to get the knowledge indicated in Item 2 confirmed by the lower ranked Item 4 in

Table 14 of Paper 4 stating interns had less preference to access other direction for knowledge.

The higher s2 corr of 0.31 & 0.22 and rank (s

2) 8|10 and 7|10 suggest intricacy between concept

map and decision tree SVs as the four SVs from the two subsets indicated preference for

accessing direction through electronic media for career and dissertation. From the findings of a

separate survey, 75% of university students have favoured electronic communication for

learning related (NUS, 2012). This finding lends creditability in cross verifying the findings in

this study to establish electronic media as the engaging enabler of learning forms part of the

larger population’s demographic characteristic.

Concept maps functioned to facilitate handling of large information volume (Brookfield,

1989). Like a map with proper index of routes, therefore by constructing relationships that join

ideas and data, new information were constructed to increase efficient (Babauta, 2009) benefits

from using decision tree commonly taught as one of the fundamental of quantitative methods

was its immediate use when deciding between two choices. In using decision tree thinking, a

framework laid out the problem with thoughts branching options of consequential decisions.

Repetitious efforts of these tools have instruct the mind to lower resistance in acceptance the

decision logic for choice that was efficiently interpreted so that one might continue to perform

with increased data volume using limited mental computing resources without having to spend

more time preparing and filtering data, hence FED thinking might develop. This form of

conditioning learning tells that familiarity through practice consolidates learning (Shettleworth,

2010); the study found interns’ consistent preferences for concept map and decision tree of

Table 17 in Paper 4.

From system theory schema; a loop of input, process, output, feedback and control (IBM

Corp., 1974), financial statements forms the fundamental in FE parallel to the capstone

operating formula as one main layer of a master concept map which adopted the generic

cascading waterfall model (Royce, 1970). The importance of this directional design in concept

map was to train interns’ ability to manage information in the way that they might efficiently

store (input) and retrieve (output) information and in doing so might enlighten self-esteem.

The approach in MDP of FED used few condensed concept maps in consolidating

learning such as that of Figure 2.4 because the ultimate map most constantly retrieve in FE

were financial statements; being end-in-sight maps, cash flows from daily recordings to

income statement and balance sheet. The importance of the map was to eventually skip

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thinking and cause unknowing learning of financial equations by following arrows direction

flow that subtly directs logic. This became involuntary reflect action needing nothing to trigger

thinking effort.

The MDP of FED had reviewed that the employment of concept mapping for finance had

been wide according to few regular writers promoting this aspects of illustrative active thinking

(Biktimirov & Nilson, 2003, 2006, 2007; Filbeck & Smith, 1996; Mento et al., 1999,

Nettleship, 1992). From their surveyed of 15 publications’ pedagogical approaches, it was

identified that those that advocated concept maps to engage learning included Leauby and

Brazina (1998) who illustrated their support of using concept mapping in accounting. Graphs

were natural integral aspects in decision-making courses so were grids but the way illustration

presents these concept perhaps might enhance understanding as pointed by Schau and Mattern

(1997) and by Sirias (2002). Tukey (1980) suggested that for both qualitative and quantitative

analysis, the over reliance of numbers might cause one to be myopic in analysis by missing out

the bigger aspect of what might suspiciously be drawing close to issues under discussions used

generous diagrams to amplify the coming together of FE ideas for product revisions.

Interlinking this aspect with concept map and decision tree, there seemed a good success

probability to experiment with more electronic base interactive educational interaction and less

FIS. That being the future, then machine based case teaching method emergence by Pedagogy

3.0 might be the metacognitive direction (Vanides, 2010). Additional the above mentioned

emphasized preferences for electronic interfaces,. However there remained ways to make

seminars more interesting and time-efficient in explaining theories so that non-face-contact

workshops might be effectively facilitated beyond proximity. Workshops were well liked by

men as workshops stimulated thinking while ladies liked asking questions at workshops though

ladies least preferred facilitator’s prompting. Given the preferences for workshops than

seminar, the emphasis seemed to determine ways to improve seminars interest as seminars

explain theories for workshops which execute those theories from seminars.

The positive results implied to improve clarity with check points when delivering

instructions in order to relate effective techniques to dissertations as the rising ranking were

related to career and dissertation. Checking back, the combined findings of the Facilitation and

Knowledge Retrieval SVs pointed towards interns preferred knowledge directions from

electronic interfaces such as those that were web-based. According to Piaget (1950), the

importance of igniting interest in learning might later upgrade to a higher intrinsic skill because

a person might continue to develop without being drawn by extrinsic knowing that rewards

might follow without the pressure of chasing it.

Vroom’s (1995) expectancy theory suggest that learners were motivated when their

expectation of learning were met and that were the reason for measuring the extent that learning

had incapacitated ability to address advisory capacity. What might happen was to train the

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mind to consolidate prior learning of economics, retrieve it along a decision tree perspective.

Therefore leveraging on building familiar cases have enhanced effective and efficient

engagement in facilitating critical lateral thinking of the elasticity in financial risks due to

quantity demand and imputed costs associativity in trading a commodity contract, pricing a

project or pricing a manufacturing contract. Further reasoning capacity have influenced

understanding of geometric and parametric cost perspectives when finding the best band of

profitability; be it product, services or composite.

Gender’s motivation to pedagogic delivery design

Continuing on with RQ 3, the study reported men learned better from affective motivation. The

study had disallowed discriminatory questionnaire of whether an instructor’s gender had

mattered as an efficacy motivator (Bandura, 1997). However ladies intern have ranked lowest

for their wanting to communicate often with the facilitator (a man). Similarly ladies also ranked

lowest on their preference for the facilitator prompting many questions to help in performing

learning. These two lowest preferences indirectly related to efficacy in FIS including seminars

and workshops where both genders reported their preferences to the efficacy of electronic

media for information access instead of traditional face-to-face instructor-intern contact.

Vanides (2010) mentioned that the HPCI had constructed open-ended involvement with

student through a mix of pedagogic models close to Web 3.0 technology for enabling

functionalities such as advance search engines in the background for seamless interface with

machine based learning/teaching foreground. With increasing advent technologies, new

dimensions of learning might expect recordings of secondary findings in the study about social

motivation which ranked second after conative motivation, among the four motivations. Table

15 in Paper 4 also had overall ranked affective last and cognitive second last by interns. CPD’s

rating was the opposite; affective was ranked top and conative ranked bottom.

This divergence signified the importance interns placed over how they want to learn

which was different from how CPD desired them to learn, perhaps a paradigm shift had begun

when the order of motivation importance indicated this divergence from traditional learning and

teaching. About cognitive and affective, the findings of this study showed that men learnt more

through affective motivation than ladies did.

Learning style

Regarding RQ 4, quantitative analysis was non-conclusive in identifying interns’ learning style.

Observations found that motivation to learn had varied between genders According to Felder

and Silverman (1988), the type of motivation received affects the learning style because the

motive to learn triggered behavior of learning. Given that conative and affective learning

seemed to supersede other motivation, both genders were differently motivated as ladies relied

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more on social learning than men did. Previous sections were not supportive of matching

learning style to interns. Davenport (1987) had mentioned that due to over-literature on

different reasons for adults to adopt difference style, he advocated researches to refrain from

excessive refining learning style. If there was suitable stable learning model, individual adult

might define their own learning plan according to their own understanding of how they might

learn best for the social circumstances they were in. A survey stated that social skill in

teamwork had ranked top among sixteen skills expected by employers (NUS, 1999) suggested

industries’ preference for team learning in organizational behavior.

Localization was among key success criteria in teaching adult (Papoutsaki ,2006; Fan,

2011; Biallas, 2007); cultural influence plays a significant role in defining lifestyle, which

included behavioral attitudes towards work, play, family values and learning as evident even

within the same country (Chan, 1999). This one variable had modified expectation of interns

learning. Learning at CPD was therefore not generic as concurred by evidence in six Asian

nations’ preference to conduct training that suits their learning style (Mok & McCartney, 2012).

Even when re-engineering learning processes, the assumption was not to take style granted was

the most important in delivering learning to various settings in different geographical regions

(Ottewill et al., 2004; Valiris & Glykas, 1999; Petrozzo & Stepper, 1994).

The cause of each learner was self-directing might perhaps be explained by Maslow’s

(1954) hierarchy of needs and McGregor’s Theory X,Y (Clark, 2012) considering that adults

learning varied according to their circumstances (Kerka, 1994). Understanding several

unchallenged theories and philosophy give a significant backdrop in designing and delivering

training; constructivism, Socrates cause-effects, ethos, engaging, facilitator etc.. The exposure

to training adults abroad by Cooper and Henschke (2004) had provided insightful confidence in

designing expectation that might escalate learning to achieve more with less and this opened

interesting questions of why and how in instructional matters.

According to Knowles et al. (2005), the adult entertained many matters in his mind at the

same time according to priorities of responsibilities. Thereafter, to engage interns continuously

was largely an instructional challenge compare to others not getting into the job market

(Blakely & Tomlin, 2008). However identifying more effective engagement method for the

population was reflective in the purposive sample had been debatable considering a possible

matrix of thirty-two dimensions of learning and teaching styles (Felder & Silverman, 1988,

p.675).

Additional information from external sources

According to a recent online survey about GZ, values (Askform, 2012), respondents ranked

happiness (12.84%) and three others of equal ranking (11.93%) were health, friendship and

love. Both power and academic performance (1.83%) were ranked lowest followed by money

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and hobby (4.59%) on questions that asked what things or goals were important to them. When

asked what qualities were important for these groups to achieve their goals, three items ranked

equally at 12.37%: creativity, confident and sincerity/honesty. The lowest ranking was

systematic (4.12%). Four others had shared the second lowest ranking; attentiveness, diligence,

positivity and steadfastness (down to earth) shared the second lowest ranking.

The social and conative variable, though were beyond FIS activities, however were

within the framework of GZ’s perceived norm such as things, goals and qualities that are

important to them to achieve their goals. The important factors circled in Figure 1 have severe

implication about managing conflicts in learning theories in the sense of how older generation

were taught to teach and how new generation want to learn when technologies advent had

reached social net-working and social e-Learning. Additionally Table 15 in Paper 4 suggested

that the opposing perception of interns and CPD companies in different motivation variables for

learning was perhaps one of the important points in performing exploratory study to discover

hidden knowledge about how GZ want to learn instead of entrapped into manipulating the

variables to satisfy the desired end-results.

Concerning CPD as Industry Stakeholder

The interface between interns and CPD is delivery of quality work. The concern by HE was the

mutual benefits between interns and CPD companies; the intern got to practice and the CPD

companies got work down and possible first hand idea of prospective employee. Therefore, the

mutual benefits discussed were professionalism and the effectiveness of the pedagogic design

that might lead interns to function in society with the learning consolidation.

Professionalism and written communication

CPD companie’ perspectively have ranked professionalism above average (4th rank). Written

communication about companies activities with creativity ranked 1 and 2 respectively

suggesting interns’ have placed lower priorities on their own dissertation. In an enlarged

definition, the term ‘capability’ means resourcefulness within objects (UK Government, 2011)

which in this study had referred to the FED program and the capacity were interns FED

capability derivable from motivational sources.

The process of professionalising involved departing values that demand professionals to

self-regulate their practices with standards and laws. Professionalism directly refers to the

instructing and learning of advisory decisions within the governance of surrounding

constitutions and acceptable standard, as known by the ‘advise’ command word, which

appeared 10 times in 12 consecutive professional Level 2 exam of an accountancy body

according to Hughes. A reason for sustaining the need for professializing education was for

transactional expectations between HE and industries to enhance graduates’ employability in

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market driven economies, as Casserly (2012) had indicated among ten skills to be hired. The

wholesome requirement for command words familiarities and communication skills

imminenize universities’ vigilance coupling with industries for sustainable relevancy.

Implicatively, programs were to synchronize to industry to sustainably established

continuous relationship management for effective knowledge transmission and dissemination of

learning outcomes. To that end, then motivational had meant that the instructor’s own

philosophical belies of instructions was governed by interns’ background, knowledge and

experience, situation and environment that together had effectively interlinked a MDP to

professionalise human capital. This had then consolidate prior learning, practice theories and

relate theories as reflected in CPD rating of top three items; ability to handle and accept

directions and criticism, work independently with minimal supervision and acceptable technical

ability.

Instructional pedagogic design from structural functionalism

Following the revised Bloom’s taxonomy, the FED’s TEP model emphasized learning was

internally motivated in a cooperative environment. This being so as constructing knowledge

might be cohesively involving. The wholesome involvement process included the intern who

wanted to learn and contribute to the internship, the facilitator who wanted to depart

knowledge, improve upon it, and industries that encouraged building the particular body of

knowledge (Parsons, 1975; Miller, 1955). Nonetheless, the reality of internship was that

module development, instructional methods, learning methods, organization, management and

leadership were all intertwined. Another reality was that industry stake holders might not

participate in tandem with the improvement process. Therefore to analyze the possible solution

from various perspectives, it might also side with few possibilities like the challenges ahead of

fundamental training, organizational behavior and culture and some successful experiences to

make some comparison and then suggest how it might move forward in MDP for FED.

In organizational behavior and culture, it might be brought to light, thinkers whose

theories remained not only unchallenged as supposed to thinkers whose theories were yet to be

widely accepted; all with regards to instructing interns in different settings, yet touching all

bases. The ethos of internship created through an interaction between formal processes, which

governed behavior, attitudes, relationships and the module along the informal messages given

out via displays, documentation, use of resources and space by pulling all things together to

cause positive co-existences between interns and their CPD companies (Freiberg,1999). That

ethos of late was influenced by how young people preferred to learn according to McKinsey’s

survey (2012, p. 45) in Table 2 with emphasis placed on engagement through CPD, hands-on

workshop and multimedia (electronic interface). These three variable ranked high on

McKinsey’s list were concurred exactly with this study in Table 14 of Paper 4 which had

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Internship ranked second, Workshop ranked third and Facilitation ranked eighth. Closer

examination of Table 3 had concurred that there was a strong preference for electronic interface

whose definition closely resembled multimedia.

Table 2 How Young People Prefer to Learn

Most effective instructional

techniques

Use of hands-on learning in academic and vocational

institution

% of respondents saying

techniques was effective

% respondents indication a majority of hours spent in

learnng methodology

On the job training 62 Theoretical Hands on

Hands-on-training 58 College grad or some college 76 24

Multimedia 54 Vocational 37 63

Seminars 46

Traditional lecture 30

Onlinedistance

learnng

30

Adopted from: McKinsey survey, Aug-Sept 2012, p. 45

To avoid risk in instructional pedagogy, it is reminded that more critics have claimed

inappropriate matching of learning style to individuals and that the ELT had been refuted

(Glenn, 2009; Revell, 2005). Therefore a lower risk instructional pedagogy might be safely

adopted to consider localization; six Asian nations have shown different instructional

arrangement (Mok & McCartney (2012, p.13). Within a financial city, it might not be a generic

representation of GZ learning style. If localization was among key success criteria in designing

instructional system, cultural influences had played a significant role in defining lifestyle

behavior attitudes learning (Papoutsaki, 2006; Biallas, 2007). Localization (Kerka, 1994)

being a variable capable of modifying interns’ expectation in receiving learning content

according to different geographical regions and social policy might explain some cause for

delayed self-motivation to learn. Interns as new adults tend to entertain many matters in their

mind, therefore making it more challenging to keep him/her continuously motivated to learn

(Blakely & Tomlin, 2008). Since CPD offered the opportunity to practice knowledge on a

specific job, it differed from an actual employment in the sense that the intern contributed to the

company’s revenue while learning and being monitored at all times about his/her progress. It

benefitted the company in cost savings in recruiting other than to have an experience

supervisor’s time mentoring the intern’s work progress, attitude, and reliability for

responsibilities (Brown, 2006). The risk might be that promising interns’ desired for mobility

might not have shown in the study after their internship or there were dissatisfaction by

ambitious interns who desired diversity (Vedantam, 2008).

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Table 3 Extracts from Facilitation SV Analysis after 1st & 3

rd Recording

A=All, M=Men, L=Ladies, ML=inter-gender, 1 or 3 = occasions A M L

A M L

1 The facilitator varies his training methods according to the needs of

the module. 2 2 4

7 6 6

2 The facilitator communicated regularly on electronic bulletin board. 1 3 1

2 4 2

3 Whenever I am not clear of what I read on the electronic bulletin

board 7 6 6

4 3 5

4 The facilitator was always prompt to reply all interns’ queries. 5 6 3

3 2 4

5 I communicate with the facilitator often. 2 1 5

5 6 3

6 I read the bulletin board daily. 4 5 2

1 1 1

7 All assessments about the training were well informed. 6 4 7

6 5 7

Understanding several unchallenged theories and philosophy gave a significant backdrop

in modeling an appropriate instructional system that was capable of escalating instructing

interns in a way that more learning might be achievable with improved instructional design

(Babauta,2009). For this reason, internship was purposive in embodying all bases of learning

through consolidating knowledge and practices to formulate attributes of incidental, accidental

and experimental learning along with continuous dialogues with CPD in developing best

practices through internship.

Notwithstanding, status quo gap between industry and academia, the forces of supply and

demand were still the best indicator of requirement for CPD as a pre-requisite to actual

employment (Diaz-Vazquez & Snower, 2002). Again, a low risk and effective method was

desirable to set a fundamental approach in designing instructional method that produced more

effective and timely FED graduates, yet the intense challenge still remained for interns desire to

move on competing their CPD as the study had shown by CPD’s rating that interns were

unlikely to stay on.

Concerning Higher Education as Stakeholder

Representing HE, the research site provide was concerned among many things, the perspectiv

of interns’ human capital value, the prospect of FED education, MDP as a going concern, and

the FED instructional pedagogic development initiative.

Perspective of interns’ human capital value

RQ 3 queried about raising human capital value. CPD provided the opportunity of practices

which interns high ranked it second as practices might condition the mind in retrieving

knowledge and warehouse them more efficiently for direct respond to work related activities.

The discussion of this question is elaborated in Paper 6.

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FED educational prospect in relations to MDP

Given that the financial economics discipline was relatively newer than finance, accounting,

and economics, more graduate schools were offering the program as well as undergraduate

(City University, 2012). The prospect of its popularity seemed bright especially in financial

capitals. Additionally, men interns favored it more than ladies. The instructional pedagogy of

financial education was likely to improve from previous studies which mentioned that extensive

use of Excel ® as cause-effect thinking tools to engage students (Walters & Pergola, 2012;

Elrod & Norris, 2012; Ariely, 2008) might likely remain and improve along with technology

upgrade which had happened for STEM programs (Science, Technology, Engineering, and

Mathematics). The logic being, that the mathematical part of STEM was closely related to

FED, as FED had mostly quantitative behavioral finance and economics. If STEM had

leveraged on technology to enabled facilitation like machine learning, this intelligence might be

extended to non-STEM such as FED in a wider scale, though many aspects were already

practiced by trading automation in major financial markets.

In a market driven curriculum, the pedagogy might expect to include this form of

professional education. Even storytelling of current events (Bryant & Harris, 2011) by

facilitators might be obsoleted when intelligent software and computers generate more

sophisticated scenarios than a Socrates prompting styled human storyteller does. As it had been,

management educations have used online management games in its pedagogy (Accurate, 2012).

Demonstration accounts against real market scenarios were available for assimilation by

familiarization (Admiral Markets, 2012). The FED program only needed to built-in this

instructional pedagogy into its curriculum. Another prospect that affects FED education was the

shift towards social learning, which this study had not expected. Nonetheless, the analysis by

the data mining methodology had indicated that by availing social learning, the pedagogy of

FED might expect to redefine itself such as learning on demand, in addition to the flexibility of

learning beyond FIS.

Proposed MDP model

The MDP for FED and other programs that serve to narrow human capital deficit is the

darkened border of Figure 2 showed dialogues and educational data mining might be imminent

for strategic human capital planning to meet market driven human resources requirement,

failing which macroeconomics objectives might face severe challenges in national budgetary

planning for human capital development. Three proven study/work modes mentioned in this

study have their graduates ready for work: TEP, Germany/Austria and ICAEW’s RAID model.

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Figure 2 High-level schematic Market Driven Pedagogy Model

Combinatorial Summative Statement of the Research Finding

From the initial report of simple averages that provided little guidance in pedagogy direction

from outdated research instrument, the study by using a data mining approach to discovered

new knowledge of various motivational dimensions to consider for the purposive samples.

Analyzed results were back-flushed to research questions, objectives, and problem statement to

concluded that the fortified force field analysis reflectivity of the pedagogy’s strength and

weakness have enhanced instructional methods used in the program as emphasis to sustain

higher/professional education’s co-existence with industries. The finding also reinforced an

initial study, which formed the background of this study whereby instructional deliveries in

learning need to be fostered by workflow and cause-effect prompting those employers had

consistently advocated. Recalling the problem statement that the mismatched pedagogy,

curriculum relevancy, impending human capital shortage, demand for MDP, GZ view of

learning, partial resolution, pedagogy research gaps and hindrances to graduates’ employability;

findings from Paper 4 in Table 1 of this paper were consolidated Table 4.

Process:

MOHE approved UG programs in various

modes to public and private HE:

1. TEP mode as in this study,

2. Germany/Austria dual-mode,

3. ICAEW’s RAID CPD model

Feedback:

Continuous CRM dialogues

/survey on national productivity

Inputs:

MOE

K-12

program

Output:

HE Graduates to

industries (top up

training by on-the-

job, in-house

programs and

private providers)

Inputs:

Sectorial

Economics

Performances &

Foreign Direct

Investment

Fiscal budget:

human capital

developmental

needs

Feedback:

Per capital GDP evaluation per level of

human capital contribution

Database A

EDUCATIONAL DATA MINING processes

Database B

Process:

Macro-economic model &

national human capital needs

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Table 4 Combined Summaries of Research Objectives, Questions, and Findings & Discussion

Research Objectives Objective Questions

I. To investigate

and assess

interns’

abilities in

learning the

FED program,

since interns

are the main

stakeholders.

1. What process was taken investigate the reasons for motivational

variables for MDP effectiveness of the FED program?

2. What new knowledge did the investigation process discovered

about interns’ learning including crossover effects?

3. What aspects of motivation might be more important in

contributing to knowing the direction of interns’ growth in

learning?

4. Might there be a learning style for MDP and for different

gender?

5. Was there additional information about motivation for learning

from external sources?

Summative answer to research question 1:

a. With Delphi method within data mining approach, pedagogy index shown pedagogic

performance had actually increased as in Table 4 of Paper 4 indicating that data mining

approach had refined the one way repeated measure.

b. Delphi method within data mining approach offered new knowledge dimensions about

motivation for learning, yet still retaining the underlying characteristics of the reclassified

variable and its ability to change between intrinsic to extrinsic whenever the motive was

stimulated (Skunk, 2008).

Summative answer to research question 2:

a. Analysis of each SV in isolation shown in Table 5 to Table 8 in Paper 4 produced limited

information.

b. New information was known when the SVs were grouped by their motivational category

for RANOVA in Table 12 of Paper 4 showing men preferred learning by affective twice

more than ladies but ladies cognitive learning were more through other means indicated

in SV rating & ranking correlation in Table 14 of Paper 4.

c. Learning was more extrinsic than intrinsic motivated having examined that the

operationalized personality ranked top among all SV and physiologically contributed

more to ‘having’ to learn than ‘wanting’ to learn as seen that both concept map and

decision tree SVs were important for career (Deci & Ryan, 2002).

Summative answer to research question 3:

a. Comparative ranking of motivational variables importance by interns and by CPD

companies showed both parties have almost entire different idea of how interns wish to

learn and how CPD companies wish interns to learn as indicated by Table 15 of Paper 4

b. Understanding conative motives had complemented interlink between cognitive and

affective aspects of formal lessons (Loan, 2011; Tremblay & Le Bot, 2003; Petrosky,

1996).

c. Table 17 of Paper 4 grouped SVs under each of the four motivational variables showed

top three contributions to learning from internship, personality profile and workshop.

d. Equilibrium of pedagogy effectiveness was subject to the preferred type of motivation

(Steel and Konig, 2006) considered important by learners instead to provide better

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guidance to direct instructional designs.

e. The higher rating of social motivation informed that pedagogy had only considered the

CPD aspect and perhaps should consider learning beyond formal classroom and CPD.

f. Two lesser motivation factors, social and conative discovered ability to enhance the

overall pedagogy than extend beyond FIS through the FED program that emphasized

CPD support.

g. This was because there was a limit of how much cognitive effort might stimulate

affective motivation as shown by the theoretical manipulation of Pareto distributions

from a base of 20 | 80 to 80 | 20.

h. Although WIDE was not supportive of the social and conative aspects of motivation,

WIDE was a reflective part in TEP to bridge reasoning between theories and CPD

practices using concept mapping to assist the learner.

i. Instructional support had shown in the Affective variable group of Table 17 in Paper 4

with had low correlation ranking of 8/10 for facilitation and 10/10 for seminar indicating,

meaning that these two were less attractive.

j. However, the workshop component of Affective ranking 3/10 indicated interactive

learning through computing and electronic media was more effective to keep interns

engaged.

k. FED thinking capability required by industry had been acknowledged by interns’

motivation in identifying concept map and decision tree as important to their career

development; evidenced in interns’ rating direct and indirect instructional methods

related to decision-making (Johnson, 2012).

l. The FED program was to epitome interns’ cognitive ability to practice, then

consolidating learning by adding new knowledge to prior learning. This it had achieved

with direct intrinsic motivation for cognitive development by affective means (Russell,

2003; Seo et al., 2004), seemed to be the prime factors of innovative instructional

pedagogy (Dezure, 2012, p. 4) to bring out the best in understanding fundamental

knowledge.

m. No crossover effect was in suspense due to counter-balance effects from other variables.

Summative answer to research question 4:

a. Men were more participative than ladies were in formal workshops and seminars.

b. However all interns’ preference for computer assisted instructional workshop as they

rated it important in assisting thinking.

c. That HPCI‘s direct link to Pedagogic 3.0 for STEM had responded to convergence of

learning towards machine centric instruction.

d. In addition, the indirect social motivational variable suggested a growing reliance on

learning outside of FIS as indicated by both genders’ higher preference for internship

especially by ladies intern.

e. Learning styles varied between genders, and between interns and CPD companies. This

indicated interns were self-directing.

f. Though no correlation analysis was possible between personality SV and CPD rating due

to unequal data array which correlation analysis required, visual comparison indicated

interns’ personalities were responsible for their self-directing ability.

g. Felder and Silverman (1988, p.675) suggested learning style was not static but fluctuates

within a possible matrix of thirty-two dimensions of learning and teaching styles

according to the type of motivation received to trigger the motive for the learning

behavior.

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Summative answer to research question 5:

a. The nearest external source of demographic reference was from an independent profiling

of GZ, which had close visual agreement.

b. The divergence of GZ from traditional styled seminar towards more interactive with

technology enabled learning implied changes in pedagogy was to be expected to suit GZ

learners as seen in this generation of pro-computing technology learners.

c. McKinsey report (2012) supports this imminent divergence.

Research Objectives Objective Questions

II. To determine the program in being market

driven towards CPD companies’

expectation, as CPD companies are

stakeholders

6. What did the variables informed

about interns’ practices at their CPD

companies including differential

practice effect?

Summative answer to research question 6:

a. Work based learning seemed highly preferred by both interns and CPD companies.

b. Although comparative ranking in how interns wished to learn and how CPD had wish

interns to learn were almost entirely opposite in Table 15 of Paper 4.

c. However their separate correlation between rating and ranking was very high (0.99 and

1.0) according to the bottom of Table 14 in Paper 4.

d. Though the data array were unable to perform correlation between these internship and

the personality SV, the fact that personality being the top placing seemed to be a

motivating factor.

e. Continuous transactions between educational providers and industries were imminent to

ensure relevant skills were learnt to increase graduates’ employability; professionalism

and communication ability being part of the ten skills to get hired (Casserly, 2012) were

developed through CPD as part of a tri-education program.

f. SVs that engaged learning by groups for facilitation, workshop and seminar.

g. All interns preferred electronic interface over human interface which concurs with GZ

characteristics

h. The study had explored the effectiveness of the pedagogy from the effect on change of

intern’s rated capability and companies rating were dependent upon motivational

variables mentioned to understand these variables’ performance and their causal effects

through those SVs that concurred with GZ characteristics.

i. Instructional pedagogic processes was therefore not to be taken for granted that one size

fits all as evident by survey of six Asian nations in how they administer learning in

tandem with structural functionalism as those processes were responsible for engaging

learners into contemporary practices and integration into the industry (Mok &

McCartney, 2012; Johnson, 2012).

j. Other variable items have counter balanced whatever practice effects.

Research Objectives Objective Questions

III. To determine the

program’s direction and

its contribution to

human capital

1. What was the process used to demonstrate human

capital improvement with that of MDP?

2. Since FED was relatively new compare to Finance

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development as it

concerned higher

education as

stakeholder.

(which extended from Accounting) and Economics,

what might be the future direction in FE education?

Summative answer to research question 3:

a. The quantitative indication of increased human capital value was by many positive CPD

companies rating about interns’ ability to handle and accept direction, work

independently with technical ability capability.

b. The efficiencies mentioned were among key industry requirements for autonomous

development.

c. Treating a person like as company’s balance sheet, the Johari window concept (Luft &

Ingham, 1950) suggested that efficiency in making decision known by the person and the

potential employers enhanced a person’s marketability; that efficiency was in part subject

to pedagogic treatment and in part motivated by the extrinsic or intrinsic needs.

d. The closest observation from empirical data found men have favored this discipline

more.

e. Both genders were from professional accounting programs. Their transfer to this was an

indication that there were future careers from this new discipline according to their raised

awareness of opportunities in my city as financial capital.

f. The prospects for FED careers remained good in financial capitals because the advent of

education technology in Pedagogy 3.0 (Vanides, 2010) having redefined instructional

pedagogy might come into FED and therefore raising prospect value to this study into the

area of computer based teaching/learning.

g. Perceivably, the blueprint for machine teaching and learning of FED might require a

taxonomy system design with blending of computer generated structural decomposable

concept maps, rules to update, and retrieval databases.

h. Seemingly, taxonomic initiative have been influence by technological advance to four

levels towards merging with Gane Sarson SSADM towards mergers of computer based

learning, teaching and case facilitation while paralleling CRM dialogue with industry . In

doing so, it might harmonize learning outcomes from pedagogy and curriculum to meet

CPD’s expectations, therefore enhancing graduates’ employability as a wholesome MDP

approach to add on another resolution to lessen the burden of unemployment.

i. The conceptual macro-micro level HIPO elaborated interlinks with the government as

additional stakeholder provided a wholesome conceptual approach to formulated MDP

educational policy strategy for FED and other disciplines.

Theoretical and Practical Implication of the Study

The exploratory study on MDP of FED had advised to avoid the trapping of self-fulfilling

prophesies as Kline (2004) suggested with an argument list of fallacies which the use of null

hypothesis had produced. His list fully supported this exploratory study which proved the

inaccurate status quo perception that teaching had gone well in the past few years without

regards to the changing motivation in learning. Exploratory research had proven its

functionality in this study by evaluating the complete empirical database to discover new

dimensions of information about motivation for learning through the relational clusters of

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various SVs within the four DVs: cognitive, affective, social and conative. This implication

reinforced a need for exploratory research before identifying what might realistically be

hypothesized in later quantitative studies. Within the primary and secondary relationship among

the four unevenly weighted motivational variables cognitive, affective, conative and social;

their SVs informed the possible mixtures of extrinsic and intrinsic motivation factors which

agreed with market driven forces to harmonize delivery of knowledge with the way GZ wish to

learn.

Within limitation, the research met its set objectives in varying degrees to become

another contributor to the pool of partial solution to enhance graduates’ employability. From

the analysis drawn from Table 1 where directly related motivation for learning were concerned,

the inclination during the study period was towards more affective motivation for learning than

cognitive especially for men. Nonetheless, force field analysis implied that motivational for

learning had skewed towards social and conative motivation for GZ learning.

Table 5 Extracted Comparative Pedagogy Index after and before Delphi

Affective | Cognitive ratio (after) Behavioral | Constructivism ratio (before)

Occasions All Men Ladies CPD All Men Ladies CPD

O1

22.9 24.3 21.9 33.3 21.0 21.9 20.9 33.3

O2

54.0 55.0 53.3 66.7 41.7 42.4 41.8 66.7

O3

83.9 84.9 83.3 100 68.7 69.0 68.9 100

Above data were extracted from Table 13 of Paper 4

In the absence of opinion regarding influence from gender of instructor/facilitator

towards learning, the inclination of both gender preferences for electronic means of

communication in learning implied that aspect was irrelevant. Additional support of that

implication had relied on GZ demography’s inclination towards computing technology, which

formed the basis of computer-based learning seen in HPCI. This implied that changes in

learning styles seemed to converge towards technology enabled learning and teaching; evident

by recent HPCI for STEM, as expanding network technology becomes the imminent motivation

induction factor for incapacitating social learning in teaching and learning about thinking in

FED.

Though computer assisted learning had been going on in some non-STEM disciplines

(Accurate 2012; Admiral Market, 2012), it seemed very possible for concerted effort to institute

formally computer based FED learning towards achieving ‘What-How-When’ competence that

parallels that of Pedagogy 3.0 for STEM. Computer based interdisciplinary pedagogy of FED

for engineering based business to address GZ’s needs of how they wish to learn for new

professional careers that require their ability to consolidate knowledge by crisscrossing

traditional disciplines from accounting, finance, economics and quantitative methods. In doing

so thinking techniques for decision tree, concept maps, promptings and cases might see

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advancement towards metacognition (Simon, 2000) in developing knowledge management to

recollect, reflect and applying prior learning (DeBono, 1991).

McKinsey’s survey had reported that among stakeholders: 42% employers agree

graduates were job ready, 72% education providers perceived so whereas only 45% of youth

agreed (McKinsey, 2012, p.19); not all three stakeholders were synchronized in their learning

outcomes though the education providers thought there were. The correlation between CPD

companies and interns was significant as a reflection of the education provider’s capability.

Additional reason for difference from McKinsey’s report was the market driven tri-education

program, which had mandated CPD practice with WIDE to reflect dissertation for linking

theories to practice. The implication here was that work based learning through CPD offer

integration between HE and industry; by which both their functional and curriculum

development needs were harmonized.

On a broader scope, sustainability pedagogy index by force field measurement needed to

find an equilibrium level with industries by co-existing during changing technology, structural

functionalism, social shift to professional class, cosmopolitanism and citizenry values. For the

study to be adaptable to other regions; expectations of pedagogy success need to be managed

due to the local factors such as culture, norms, language and beliefs which modify the force

field in motivation (Boeren, 2005; Parson, 1975). In closing this study, there were ample jobs

in the world, but lack of graduates with the correct skills to fill even the entry level (McKinsey,

2012) due to the issues mentioned. The MDP for FED had attempted to become a part of the

pool of partial resolutions. The study is recommended to advance with refinement of

instructional pedagogy for FED that GZ interns can receive effectively.

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PAPER 6

Certification Paradigm of Johari Window Human Capital

Authors: Matthew Goldman Kimher Lim and Hazri Jamil

Adapted from International Journal of Innovation, Management and Technology, 4(3), 303-312

Abstract—this paper contextualize human capital of the Self’s to an arbitrary financial balance

sheet within the Johari Window dimension from the Self’s progressive investment in education

and experiences to advance its skill. Two main drivers for enhancing human capital offered

instructional pedagogy directions: stimulate critical thinking and motivate learning from

various perspectives. Using the SEE-I paradigm, presentation favours graduates’ need of FED

certification to enhance their employability. An order of discussion citing published sources

had aroused an opportunity for FED certification with witnesses and proxies lending prospect

for success and criteria that focus on critical learning.

Introduction

This concept paper contextualizes human capital to a micro concept of self-equity by

considering a person as the lowest level form of production entity. The self-entity is viewed as

a Johari Window Balance sheet (JBS) with the sole aim to raise its value with assets in learning

skills. Adam Smith defined human capital as “The acquired and useful abilities of all the

inhabitants or members of the society. The acquisition of such talents, by the maintenance of

the acquirer during his education, study, or apprenticeship, always costs a real expense, which

is a capital fixed and realized, as it were, in his person. Those talents, as they make a part of his

fortune, so do them likewise that of the society to which he belongs. The improved dexterity of

a workman may be considered in the same light as a machine or instrument of trade which

facilitates and abridges labor, and which, though it costs a certain expense, repays that expense

with a profit.”

Johari Window Balance Sheet

Johari Window (Luft & Ingham, 1950) shows the self’s awareness with the left side being what

the Self knows and the right side being unknown to the self. Changes in the size of JW are

accountable within the JW block according to the quantitative growth of the each quadrant’s

interactive evaluation of the Self‘s human capital. The Financial Balance Sheet (FBS) in Table

1 is adapted into the JW grid to dimension the Self’s human capital because FBS format has

four quadrants of ratios that match displays the Self’s human capital to resemble a simplified

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financial position of the Self. FBS’s growth is reflective in its four quadrants ratios. Likewise,

with human capital growth, JW’s four quadrants: known to others, unknown to others,

unknown to the Self but known to others, and unknown to all. That being the reason for the

FBS format to interface seamlessly to the JW has resulted in a Johari Window Balance Sheet

(JBS).

A JBS format is considered for it matches the Self’s income potentials and expenses

arising from skills which in turn are derived from the assets of higher education. JBS differs

from a company’s balance sheet in that JBS has ownership of all knowledge whereas in a

company the knowledge leaves when the employee leaves; notwithstanding individual

country’s labor laws which may all companies to require their staff commit to all intellectual

rights during their service periods. The other difference between FBS and JBS is the layout

size of their quadrant. In FBS, the sum of the left quadrants equates that of the right. In JBS, the

four quadrants positions remain except that each quadrant’s value can vary yet a whole they

add up 100%.

Table 1 Financial Balance sheet (FBS)

Assets Liabilities

Efficiency

ratios

Current

assets

Current

liabilities

Solvency

ratios

Profitability

ratios

Long term

assets

Long term

liabilities &

Equity

Marketabili

ty ratios

Credentials Potentials

Table 2 Johari Window Balance Sheet (JBS)

Strength Weakness

Known to

others

Open=JA

(measures

efficiency)

Blind=JC

(measures

solvency)

Risks

Not known

to others

Hidden=JB

(measures

profitability)

Unknown

=JD

(measures

marketabilit

y

Exact worth

Known to

self

Not known

to self

Each JBS quadrants JA, JB, JC and JC guides the Self’s in visualizing the shape of its

human capital dimension. In the left side of Table 2, JA and JB display their equivalence to

FBS current and long term assets while the right side JC and JD show their relative

resemblances to current and long term liabilities (including equity) in FBS.. Ultimately, the

inter-relationships transactions (Harris, 1967) of JA and JB are to reduce the unknown area to

predict the value of the Self for considering human capital in JD.

While the concept of human capital in JBS span many variables within JW, its context in

this paper is limited to compensation for assets in skills that can gain personal credential in

professional knowledge capable of competently exchange continuously incremental economic

value for the self as learning towards a skill for a specific human capital commodity needs

sustaining (Becker, 1994). This has direct bearing to market driven responsiveness with the

correct mix of variables (educational, skill, experiences) that enhances decision-making

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capabilities.

Conceptually, JW is dimensioned to match the Self’s four financial groupings (Horngren

et al., 1999); efficiency ratios, profitability ratios, solvency ratios and marketability ratios to

illustrate the self’s intellectual equity growth from cumulative education. The focus is on the

efficiency ratio because financially speaking, these resemblances to FBS current assets need to

be immediately salable as measure of efficiency. Treating the Self as a JBS, therefore the

efficiency (speed) to perform decisions enhances the capacity of the Self and directly enhances

the Self’s human capital as a capital asset value that rises when it is value added with education,

skills, knowledge and experiences over time. Its value reduces when the person dies, fully used,

obsoleted, depreciated (becomes uncompetitive) or transferred i.e. ultimately JA, JB, JC, JD =

zero.

Efficiency

FBS efficiency ratios have current assets’ value measured their liquidity nature that can be

deployable immediately for revenue generation with cash being the most liquid and therefore

immediately deployable (Horngren et al, 1999). Supporting current asset turnover increase is

accounts receivable and inventory with efficiency in collectibles and times stocks are replaced.

JBS’s current asset represents value and quality of skills due to its liquidity to sell skill

for revenue. The liquidity ranking resemblance in JBS is skill, education and experience that

can be used immediately subject to efficiency in translating them to match demand at preferred

price. Education and experiences resemble accounts receivable and inventory respectively in

that their frequent use means increased turnover; the efficiency aspect being uncommon

knowledge from instructional pedagogy and experience add value to skills in order to command

higher value. The relativity of experience history are appropriately retrieved for application

references such that in combination with education, skill is wholesomely enhanced by cognitive

speed to recollect and apply theories and practice to current deployment; slower speed reduces

effectiveness in thinking.

JA is the focused quadrant and its human capital growth is compensated by size

reduction in other quadrants. The aim of the Self is to expand the open free quadrant

competitive value with market driven capabilities suggest that JA efficiency in making decision

enhances the Self’s marketability quadrant JD. Qualitative questions to evaluate this quadrant

ask to rate perceived speed of selling (contract out skill or secure employment) skills for an

anticipated price.

Example a person’s skill can command a market value of $y and the buyer has a task that

is priced at $x and the JBS has the skill that is willing to receive compensation. Then the

quality of that human capital commands a higher ratio of $x/$y times (the higher the better).

The JBS’s capability to perform JA more efficiently and effectively allows the market (buyer)

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improve its JC solvency and therefore free resources for other ventures. Additionally, JA’s

relies on cognitive ability being the Self’s current assets and its development becomes

responsive to reduce risk exposure in JC which relates to the blind side of JW. The efficiency

of JA is measurable by JA size expansion; representing demand for the Self’s skills that take

shorter time to be converted to cash.

Profitability

FBS profitability ratios measure effectiveness of long-term asset application to revenue

generation by means of asset turnover from major variables such as plant, machinery and

buildings (Horngren et al., 1999). The hidden quadrant, JB contains the Self’s potential human

capital which the Market does not yet know and therefore does not contribute to current skill in

JA. JB fruition by decrease in size when the market knows it can benefit from the Self’s and

thereafter response to expand JA.

Long-term assets being assets those stay longer with the Self with ability to generate

revenue. The Self reckons that investing in life-long leaning increases its human capital

competitiveness with skills that are market driven. The JBS dimension that as investment in

continuous learning; higher education, specialized course, professional updates, increased

professional credentials; adding confidence to the Self’s current skills; equipment, materials for

knowledge are included. JB equivalence representation of long-term assets is strength from

potentials capable of generating revenues. Qualitative questions rate if there is plan to upgrade

skill by advance education or training; if the finances can enhance values in JA or/and further

expose financial risk in JC.

Solvency

Financial solvency ratios are dependent on financial efficiency ratios in FBS such that a higher

surplus means healthier working capital (Horngren et al., 1999). On the liability side of FBS are

found all variables related to obligations. Represent the blind zone with exposure of risk in

loans related to developing human capital such as study loan need a payment schedule.

Variables representing risk are skill relevancy and the regular evaluation in resizing this

quadrant is the Self’s response to the relevance to solvency to its skills in JA. When relevance

equates solvency, JC size reduces as the Self’s solvency increase with ability to reduce its

education debts with its ability in selling its skills. Human capital effectiveness in JBS is seen

by capability to generate revenue that after offsetting current debts. Qualitative questions are to

ask for rating the risk of financial solvency when skills are not sold at the price perceived in JA.

.

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Marketability

Marketability of a company’s worth is measured by EPS (Horngren et al., 1999). On JBS, JD

size reduces when the Self‘s awareness of its skills’ marketability is less uncertain (unknown).

The worth of initial investment into Self’s skill development through previous education begins

its earning abilities and its net surplus from previous year added on to the current year as

further investment in live long learning and live long process of accumulating noticeable

credentials for its human capital value. The qualitative questions is expected to score the Self’s

aware of its perceived intellectual capital with the reality in JA such that JD<JA+JC.

Decision Making Ability Enhances Human Capital

All being equal, with the aim of expanding JA>0 to reflect sustainability in human capital

value, several enhancers might simulate critical thinking skills. Nonetheless, these enhancers

such as instructional pedagogy is subject to the Self’s motivational needs when it realizes that

new economies need new learning (Hartley, 2003). Critical thinking is found in 9 out of 10

most in-demand jobs that are related to ability to solve complex problem, judgments and

decisions (Casserly, 2012). Together with new economies, new skills are market driven to

innovate instructional pedagogy. All being equal, efficiency in critical thinking enhances the

Self’s skill in JA as doing so enhances the Self’s value. Adopting Alderfer’s thoughts, the

ability of knowledge management with thinking tools such as decision tree and concept map are

to speed up input-output cognitive efficiency (Alderfer, 1972). Through end-in-sight conceptual

mapping techniques, cognitively overloading of non-essentials is avoided for better data

immediate access to knowledge warehoused in the mind and clearer critical thinking paths.

Concept maps functions to facilitate handling of large information volume (Brookfield,

1989). Like a map that has proper index of routes, therefore by constructing relationships that

join ideas and data, new information were constructed to increase efficient benefits from using

decision tree commonly taught as one of the fundamental of quantitative methods was its

immediate use when deciding between two choices (Babauta, 2009). In using decision tree

thinking, a framework laid out the problem with thoughts branching options of consequential

decisions. Repetitious efforts of these tools conditions the mind to lower resistance in

acceptance the decision logic for choice that was efficiently interpreted so that one can continue

to perform with increase data volume using limited mental computing resources without having

to spend more time preparing and filtering data, hence critical thinking develops. This form of

conditioning thinking tells that familiarity through practice enhances thinking speed on

repetitious use of those thinking tools trains mental skills in managing information the way that

can be efficiently stored and retrieve; harnessing involuntary reflect action to trigger thinking

effort (Shettleworth, 2010).

Interlinking this aspect with concept map and decision tree, there is a good success

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probability to experiment with more electronic base interactive educational interaction and less

formal lectures. That being the future, then machine based case teaching method emergence by

Pedagogy 3.0 might be the metacognitive direction (Vanides, 2010). Additional the above-

mentioned preferences emphasized for electronic interfaces. However there remained ways to

make seminars more interesting and time-efficient in explaining theories so that non-face-

contact workshops can be effective facilitated beyond proximity.

The employment of concept mapping has been wide according to few regular writers

promoting this aspects of illustrative active thinking have identified that those who advocated

concept maps to engage learning had supported using concept mapping (Biktimirov & Nilson,

2007). Graphs are natural integral aspects in decision making courses so are grids but the way

illustration presents these concept perhaps might enhance understanding (Schau & Mattern,

1997; Sirias, 2002) for both qualitative and quantitative analysis. The over reliance of numbers

might cause one to be myopic in analysis by missing out the bigger aspect of what may

suspiciously raise issues and the generous use of diagrams might amplify the consolidation of

ideas (Tukey, 1980; Lim et al., 2011).

Variations of Learning Skills

Motivation for learning includes cognitive, affective, conative, social, biological and spiritual

(Huitt, 2011). These six motivators can interchange their force field between intrinsic or

extrinsic according to their learning needs (Maslow, 1954). While relating JBS to JW, the

Self’s is subject to risk arising from motive to learning. Everyone has different level of needs

that is fulfilling by Self’s cognitive abilities arising from motivational needs for education,

knowledge and experience; environmentally constrained Table 3 shows the arbitral visual

interaction of the Self’s motives relevant to learning from the variables mentioned in this paper

that attempts to form a balanced force field (Lewin, 1997).

A possible matrix of 32 dimensions of learning styles suggests that learning varies

according to senses, needs and market demand; there is no justification in rearranging people

(Felder & Silverman, 1988; Blakely& Tomlin, 2008; Willingham 2013). Motivation type

affects learning style because its motive triggers behavioral motive. If there is model for stable

learning, the individual adult defines their own learning plan according to their own

understanding of how they learn best for the human capital in their plan. A survey by NUS

(2013) had ranked social skill in teamwork top among sixteen skills expected by employers

with findings from a separate survey mentioning 75% of university students have favored

electronic communication for learning related knowledge retrieval (NUS, 2013).

The adult learner entertains many matters in his mind at the same time according to

priorities of responsibilities (Knowles et al., 2005). Interestingly the summarized core of adult

learning principle has it that without interfacing with organizational development and

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redevelopment; the current movement is happening to a world moving closer due to internet

enabled, the hasten pace of globalized trade and metropolis rediscovering themselves after

financial upheavals. When adults are affirmed as increasingly self-directing, it was not defined

to what extent was meant by self-directing as no settings were discussed (Holmes & Abington-

Cooper, 2000). In addition to this discomfort missing link to organizational redevelopment

which impacts the need to retrain whenever human capital has to shift to higher values to match

changes in economics, motivating instructional pedagogy became unclear. The importance of

igniting interest in learning might later upgrade to a higher intrinsic skill because then a person

will continue to develop without being drawn by extrinsic knowing that rewards will follow

without the pressure of chasing it (Vroom, 1995; Anderson et al., 2001). This expectation

suggests that learners were motivated when their expectations of learning might be met and that

were reasons for measuring the extent which learning had incapacitated ability to address

advisory capacity (Anderson et al., 2001).

What might happen might be train the mind to consolidate prior learning of economics,

retrieve it along a decision tree perspective. Therefore leveraging on building familiar cases

might enhance effective and efficient engagement in facilitating critical lateral thinking of the

elasticity in financial risks due to quantity demand and imputed costs associativity in trading a

commodity contract, pricing a project or pricing a manufacturing contract. Further reasoning

capacity might influence the understanding of geometric and parametric cost perspectives when

finding the best band of profitability: be it product, services or composite. A revised Bloom’s

Taxonomy, which centered design of learning and training initially upon and affective domains,

was added with psychomotor to construct a structure of learning method and evaluation

(Anderson et al., 2001).

Table 3 shows directional arrow matching those variables. Additionally, technology

advent became the catalyst for pedagogic shift towards constructivist principles and techniques

and therefore leveraged Bloom’s Taxonomy timeless popularity into social constructivism from

a much earlier argument for pedagogy that had favored Skinner’s behaviorist model in higher

education (Hewlett-Packard, 2012; Holley & Oliver, 2000). Cultural influence plays a

significant role in motivating learning as evident even within the same country (Chan, 1999).

This is one variable that had modified expectation of learning; Six Asian nations’ preferred

training be conducted to suit their learning style (Mok & McCartney, 2012). Even when re-

engineering learning processes, the assumption that emphasizing against taking learning style

for granted was the most important assumption needed in delivering learning to various settings

in different geographical regions (Ottewill et al., 2004).

The cause of each learner is self-directing is perhaps better explain by Maslow’s

hierarchy of needs (Maslow, 1954) and McGregor’s Theory X, Y (McGregor & Cutcher-

Gershenfeld, 2006) considering that adults’ level to learn vary according to their circumstances

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(Kerka, 1994). Understanding unchallenged theories and philosophy give a significant

backdrop in designing and delivering training and constructivism. Socrates cause-effects,

ethos, engaging, and facilitation together with exposure to training adults abroad provide

insight confidence in designing expectation that might escalate learning to achieve more with

less and this opens an interesting question of why and how upon instructional matters (Babauta,

2009; Cooper & Henschke, 2004)

Table 3 Consolidation of Most Variables

Support Force Field Pressure

Current Assets (Turnover)

Skill (as Cash)

Education (as Accounts

Receivable)

Experiences (as inventory)

OVAMA

Direct intrinsic &

extrinsic

(cognitive, affective)

JA: Efficiency ratio

Direct extrinsic

(cognitive, affective)

JC: Solvency ratio

Current Liabilities

(Risk)

Education debts

(payable current yr)

Interest payable

OVAMA

Long term assets plan

New higher education

credential (as Plant)

Learning tools (as

Equipment)

Learning materials (as

Building)

Publications (as Goodwill)

OVAMA

JB: Profitability ratio

Indirect intrinsic

(conative, social)

JD: Marketability

ratio

Indirect intrinsic &

extrinsic

(conative, social)

Long term liabilities

Long term loans

(higher education

loan)

Initial education value

(Equity)

Additional income

above perceived

(Retained earnings)

OVAMA

( ): Items within parenthesis refer to financial balance sheet variables

OVAMA: Other Variables As Maybe Added

Directional arrows indicate effect of each quadrant of the Johari Window upon the Self’s’ Equity

quadrant

SEE-I Paradigm

Studies (Lim & Hazri, 2012; Lim, & Nordin, 2012) have suggested an opportunity existed for

graduates to obtain certification in FED. This differs from those recently implemented

(Columbia Univ., 2010; City Univ., 2012). Before 2010, there were lesser opportunities for

students wanting a FED certified program and many might opt for economics, accounting,

finance and an MBA later. Hence students can transfer from related programs instead of

starting all over or graduates can take a post-graduate semester studies for FED to align

previous learning to obtain quite similar knowledge to that of a degree in financial economics.

The alignment process might consolidate relevant learning previously attained in order to

quickly discipline the sort of critical thinking required of a starter financial economist. While

the intention of FED certification is wholesome and generic, being new to the world, the caveat

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might be no accreditation process had begun nor was there a professional body to institute its

practice.

This paper uses the See-I paradigm (Nosich, 2009) to paint the need by stating,

elaborating, exemplifying and illustrate from references to witness and bear proxies when

evidences are not sufficient to convincing successes. CIP is used to argue the case for the

opportunity to raise graduates’ human capital certification through a financial economics

decision making program. CIP is appropriate for argument because it facilitates 360 degree

critical wisdom learning as in a moot court where instrument for facilitation are evaluated

parallel as critical court prosecutor and critical defendant lawyer. The references as witness and

proxies therefore engage with exhausting relational events in SEE-I (Herreid, 2005) in addition

to offer the reflection process and analyse what is learn from the whole process (Golich et al.,

2000). Furthermore the references categorically zed in a manner that follows the argument;

which the problem and proposed confined solution was stated as youth unemployment

increased due to mismatched pedagogy, curriculum irrelevancy, impending human capital

shortage and desire for education; all pointing towards employability risks (Lim & Hazri,

2012). A confined solution suggested enriching a segment of graduates’ employability with

financial education decisions. But who might not need some form of independent certification?

Along with the problem statement is a confined solution for students seeking to transfer from

their present program without having to do a full 3 years BS in FE program.

State: reasons for graduates’ certification

The concept of certifying skills has been ongoing. Some professions require continuous

evaluation to ensure sustainable quality of certification. Stating the reasons for certification,

semi-professional accountancy students’ and those from related program might want to seek

opportunities to transfer from their accountancy program due to difficulty to be admitted into

full membership (Albrecht & Sack, 2000). Given the situation, in raising FED certification as

an alternative for students now in semi-professional and related programs, successes in related

tables have lent their support. Lakehead University (LU) case was among the strongest success

case as it had involved the whole of Canada which chose LU to initial a new program by

transfer into the degree year of its management system program commenced in 1980 to cater

for Canada’s demand for MIS professionals (Relch, 1996; Gerald, 1980). The LU case had

similarity to City University though both were different programs but both along the line of

success in transfer. The following published evidences found reasons for certifying graduates.

Graduates’ abilities and industries’ demand for appropriate skills are mismatched

(Jackson, 2009). A separate study also concluded that there is non-collaborative dialogue

between industries and universities (Park & Kim, 2003) and programs needed to emphasize on

market driven skills (Kouesny & Juma, 2003) to response to new economy (Hartley, 2003). To

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these, a project “Creating a 21st Century Curriculum” had offered a response (King’s College

& Warwick Univ., 2010).

In North America, students’ enrolment in professional accounting had dropped (Albrecht

& Sack, 2000). The Senior VP for science and technology at IBM and president of Princeton

University, both agreed that “where the limits of universities lie and where industry must pick

up the reins where great science literacy is needed” (Gomory & Shapiro, 2003). If American

university graduates are ready for work (Casner-Lotto & Barrington, 2006). The situation in the

Middle East reported Arab youth are in dire need of employment (IFC, 2011) but the education

programs in the Arab world were irrelevant in linking to jobs (McKinsey, 2011). OECD

reported bleak employment outlook for 2011 (World Bank Group, 2011), partly because

education systems were irresponsive not investing in youth (John, 2011). Malaysia Public

Service Department Report to the Economic Planning Unit has it that Malaysia need to increase

training for its manufacturing industries (Ng et al., 2011). Malaysia needs an education that is

market-driven (Tan, 2000). China’s bureaucratic process is slow to response to curriculum

improvement (Yeung, 2011) while CCTV’s interview suggested that Chin’s education is

teacher centric as opposed to that in the U.S. (Yang, 2011). Additionally the demand by Pearl

River Delta has impending human capital shortage; the HKPU responded with an emphasis on

Work-Integrated-Education (HKPU, 2011). Lastly, new careers demand financial economics

skill in asset valuation and trading and that “those proficient in this discipline are finding their

skills increasingly in demand for acquisitions and managing other major financial decisions for

the company” (FEI, 2013).

A reason for certification might be attractive to current students from related program and

who wish a transfer alternative is that they might receive maximum credits transfer. This is

because they might be familiar with fundamental knowledge of asset valuation rest upon

knowing how to read and analyse financial statement. Some recent innovations were begun by

few following universities. HKPU offered a double degree in business administration and

engineering (HKPU, 2011) after it and Warwick U. jointly held their 18th Congregation for

Integrated Engineering Business Management Program (HKPU, 2011) learning from Warwick

U. offering of an engineering business program (Warwick Univ., 2011). Columbia University

(2010) senate endorsed a graduate level Financial Economics Program while the City

University (2011) offered also begun a BSc in Financial Economics. As a result of this

familiarity, the transfer might be green field instead of blue ocean strategy. The demand is

further demonstrated by universities offerings of the financial economics programs. The rising

demand of certification programs at graduate level was a sign of evolving social functionalism

environment that caused demand for new skills. For this reason, FED course modules might

consolidate previous economics and finance learning.

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The FED certification might be a suitable transfer path for semi-professionals in

accountancy, economics and related programs because the program might leverage on the

fundamental knowledge of students who transfer from related program. Benchmarking success

in motivating GZ for learning is important because their expectations differ from previous

generations in. The prospect of success is evidently good because the program might provide

students the basis for understanding advance seminars facilitated by instructional critical

thinking techniques; decision tree, concept maps, promptings and cases to develop and

discipline knowledge management in recollection and reflection in its TEP to address motives

for learning towards social and conative (Cooper & Henschke, 2004). Having mentioned the

components above at its first part of knowledge consolidation, acquisition, the second part

being mandatory CPD might require graduating student to log practice time. The third

mandatory part might be WIDE to bind CPD practice with theories (HKPU, 2011).

A visible emerging significance might be the growing increasing number of

Graduate/Professional Educators offering this program. This positive sign is pre-emptive of

skill shortage with reference to Canada’s response for a particular skill in the 1980s (Relch,

1996; Gerald, 1980). The epitome of certification might be subjects’ cognitive ability to

practice and that might redefine higher level financial economics programs as the context

remains decision making in money as a tradable commodity for higher expected future money

value that meets ROI within acceptable informed risk level and which has to be managed by

eliminating uncertainties through reliable and confirmable good value information (Merton,

1997; Sharpe, 2011). Along this elimination process, one identifies options available to hedge

against uncertain risk by diversifying money resources on hand to different asset classes,

projects or products that might have more definite certainties to meet desired expected future

money value.

The possible indications that might contribute to the success of FED certification as a

transfer path might be students’ effort in consolidating learning by adding new knowledge in

financial economics to prior learning by intrinsic motives for cognitive development by

affective means (Russell, 2003). The key in consolidating knowledge might depend on

instructional pedagogy capable of disciplining the mind in storing and retrieving the right

knowledge for professional practices (Lim & Hazri, 2013; Lim, 2012).

The market driven element of the FED program refers to the FED pedagogy’s ability to

captivate students to pursue opportunity within the confines of laws and ethics and this has to

be reported in their CPD much as the workshops/seminars have provided the training (HKPU,

2011; ICAEW, 2011; Lim, 2012). The market driven element in the program might be by

students demonstrating their professional competency in CPD; evidenced by

Germany/Austria’s successful dual education program (Tremblay & Le Bot, 2003) whereby

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students worked full time for a period after studies and then return to class to resume their

studies.

Elaborating: motivating graduates certification

To clarify graduates need FED certification, from the onset of an exploratory quantitative study

(Lim & Nordin, 2013), GZ might emphasize more on social and conative motivational

quotients are more important to achieve their goals. This discovery might be a game changer in

motivating learning because those transferring into the program might be among early GZ.

Understanding their motive to learn might affect pedagogy instructional aspects to trigger

cognition resonance when engaging students by case teaching method. Said to be engaging

through facilitation, classroom control when handed over to GZ might cause much learning

connectivity among students in view of their emphasis in social networking. Incorporating

these characteristics into the design of instructional system might reduce risk in motivating

learning, failing which might risk forming communication barrier between faculty and students.

The reason being the limits of formal instructional methods for cognitive development

continued to lean on creating constructivism, therefore capitalising on social networking needs

brought by technological might definitely enhance GZ’s learning. Interestingly the affective

motive was opposite that of conative in the study. A possible explanation might be that

supervisors at CPD Company were either from the tail end of GX or somewhere within GY

whereas subjects in that study were at the beginning of GZ. All three generations have different

perspective of culture in work and career. Lady subjects also paid less attention to cognitive

against men subjects according to the same study (Lim & Nordin, 2013).

The Cognitive and Affective intrinsic motivational quotients were more important

because these two represent the contact time in seminar/workshops by the facilitator and were

discussed in totality because they were interlinked. Learning has plenty to do with information

processing, storing and retrieval; instructional methods were directly related to disciplining

critical thinking for processing information (Huitt & Hummel, 2003). The cognitive aspect was

for instructional methods to develop critical thinking path to retrieve the right knowledge in

time to process information for making professional advise/decisions that were expected of

professional exams and for CPD practices while the affective aspect trigger the engagement of

mind, matters and form. The importance of igniting the joy of learning might upgrade to a

higher intrinsic skill because then a person might have continued to develop without being

drawn by extrinsic knowing that rewards will follow without the pressure of chasing it (Huitt,

2011). Expectancy theory suggest that learners are motivated when their expectation of what

they will learn from the training were met and that might be the reason for measuring the extent

that training has met the leaners’ expectation (Vroom, 1995). Having mentioned the importance

of cognitive and affective motivators, this was not to undermine the importance of social and

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conative motives which are almost not consider influencing knowledge delivery within formal

classroom. Beyond classroom is where CPD adds value to GZ’s learning not just by inducing

practice but also the development of social relationship skills.

Exemplifying FED competence

CEOs have rated 81.8 % for decision making leadership (King’s College & Warwick Univ.,

2010). A list of expectation for competence in critical thinking that is reflective, authentic and

debatably reasonable within standards practiced for the matters on hand, hence his CIP that

suggested graduates possess attributes demanded by industries of which decision making and

problem solving skill were among top 5 expectations (Hairi et al., 2011). This expectation can

be met with interweaving skills for critical thinking tools; ‘Break-Even Economics-Equilibrium’

capstone (Lim, 2011), decision tree, DFD, charts and diagrams and the Harvard Case method

that complement Deming’s PDCA (Lim & Hazri, 2013; Gane & Sarson, 1989; Lau & Chan,

2013; Shieh et al., 2012). The ability of knowledge management by decision tree and concept

map for input-output efficiency speeds up growth and relatedness (Shettleworth, 2010). On the

basis of the 20:80 rule (Juran, 1994) knowledge of 20% of knowledge can perform 80%

expectation with getting more from less through conceptual map that avoids cognitively

overloading of non-essentials cloud critical thinking (Babauta, 2009).

An earlier related study had emphasized on workflow and concept map by regular

prompting (Lim & Hazri, 2012). This agreed with an affective intrinsic motive score that

through Socrates method upon instructional methods of concept maps and decision tree might

be a better stimulus to engage learners as it developed multi-dimensional perspective

constructs from the instruments used for critical thinking such as WIDE, concept maps and

decision tree. The one importance of WIDE might harness reflection of learning from few

direct sources; prior-learning, current add-ons at seminars/workshop and CPD. Coming

together of these sources into WIDE, constructs of abstract concepts that resonance challenge

on a topic or learning episode that unless resolved might conflict existing knowledge, hence

WIDE might enhance the learning process as the program continues with a rebalance schedule

and a revised taxonomy (Lim & Hazri, 2013).

Beyond formal classroom might be CPD activities to consolidate knowledge. The

analysis had observed that if companies were in agreement with the subjects’ progressive

learning and capacity to retain essential knowledge in consolidating pre-exist knowledge with

new learning to create skills for their structural functionalism society, although this conative

element was insignificant. Extrinsic motive in learning has low indication in learning support as

discussed that intrinsic motivations have overcome even the expectations raised by CPD

companies as indicated by the score differences between CPD and subjects. This indication of

increase in non-dependency on extrinsic cues was significant of the program’s general ability to

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create learning as consuming passions to stimulate the average student continue learning with

less extrinsic influences.

FED pedagogy had reviewed that wide usage of concept mapping to illustrate active

thinking in finance (Biktimirov & Nilson, 2007). A survey of 15 publications’ pedagogical

approaches had identified that some who advocated concept maps to engage learning also

illustrated their supports in using concept mapping in accounting (Lim & Hazri, 2012; Leauby

& Brazina, 1998). Graphs were natural integral aspects in decision making courses so were

grids but the way illustration presents these concept perhaps may enhance understanding]

suggested that for both qualitative and quantitative analysis (Sirias, 2002), the over reliance of

numbers may cause myopic analysis; use of used generous diagrams to amplify the coming

together of financial economic ideas for product revisions (Tukey, 1980; Lim et al., 2011). The

approach in FED pedagogy used the few condensed concept maps in consolidating learning

such that thinking might involuntarily reflect no need for trigger effort. To motivate the mind

towards achieving this level, the 4 constructivist pillars of learning have to play their roles

(Vygotsky, 1978; Bruner, 1961).

Illustrate: professionalization

A reason for sustainability of the need for professionalising FED education is for transactional

expectations between graduates/professional (G/P) and industries so that graduates’

employability can be enhanced in market driven economies. This implies that synchronizing

G/P to industry might sustainably establish continuous relationship management for effective

knowledge transmission and dissemination of learning outcomes. To that end, then

motivational means by the instructor’s own philosophical beliefs of instructions might be

governed by learners’ background, knowledge and experience, situation and environment,

according to the 4 level instructional pedagogy of a revised taxonomy (Lim & Hazri, 2013).

Together, the above might effectively interlink the pedagogy of the scalable 3 parts FED

program to consolidate prior knowledge along a closely monitored program. In composite, this

effort might incapacitated the program as an object to professionalize human capital capable of

consolidating prior leaning, practice theories and relate theories to practice. Professionalism

requires graduates with advisory ability gained through CPD and WIDE (HKPU, 2011;

ICAEW, 2011).

Concluding Remarks

The combinatorial effects of a financial balance sheet upon Johari Window enhances the

projection of the Self’s human capital image over time periods. With further understand by the

Self’s motivational effort and choice of learning style according to situational needs and all

being equal, the Self’s can determine its capabilities to achieve its desired human capital level.

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On a broader scope, sustainability of the program might reduce tensions with industries by

meeting structural functionalism in the lights of changing technology, social shift to

professional class, cosmopolitanism and citizenry values.

For the argument to qualify into other regions, expectations though may differ by

different motivational factors for similar program (Parson, 1975). The CIP approach had

demonstrated with the assistance of several proxies, the program should be propagated and

made obtainable by a top-up degree program in financial economics decisions or another

semester of post-graduate studies. In doing so, the most important effect might be a corrective

matching of education to industry’s needs. By that, not only might employability of a segment

of graduates be enhanced but human capital is appreciated by industries in addition to effective

utilization of tax payers’ monies.

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ANNEXURE I

An Automotive Storyboard

Author: Matthew Goldman Kimher Lim

Edited from draft copy of “Selective Cost Effective JIT Optimization Measures for Low Volume Car

Assemblers. International Conference on Wireless Communications, Networking and Mobile Computing.

Vol.1, pp. 6609-6612. Shanghai: IEEE-WICOM.

Introduction to Macro Story

The automotive storyboard is used because automotive being mother of all industries (Meyer,

2012), it served a good basic thinking template for other industrial product and services:

consumer products (hotel accommodation, apparels and fashion, home electrical and electronics,

a), infrastructure projects and commodity trading. The paper contented that ineffective JIT

implementation might be optimized to produce achievable quality throughputs and further

reduce waste. Benchmarkable performance from the recommended implementation of five-

improvement effort was encouraging during the one-week try-out that extended into a one-

month actual program. More importantly achieved from these efforts was the positive

motivation to continue the culture of continuous improvement to increase resilience from

market forces and suppliers’ irregular performance. It was concluded that relying on these

efforts had achieve levelled and sequenced continuous flow production because processing

speed was synchronized to average volume that smoothen irregular capacity, producing and

conveying what is needed, when it is needed, in exact amount needed with minimum in-process

inventory to shorten lead time and carrying costs.

Assumptions

The reader is assumed to have reasonable knowledge and skills in management accounting,

business economics, statistics, comprehension of previous papers, and some manufacturing

systems experience. This Paper serves two purposes: self-evaluation of previous papers and

instructional pedagogic design. The following two storyboards are to stimulate circumstantial

advisory essentials in addressing graduates’ WHW ability that is frequently asked at FED

propositions.

In facilitating this paper, Excel ® and Access ® are the pedagogic engaging tools to

interlink interactive promptings at workshops. A good group might consist of inputs from

individuals of different talents: database analyst, manufacturing engineer, financial economist,

and marketing researcher. A good group leader would be someone with a consolidated

knowledge to bring the group quickly into common communication.

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Macro Situation – Enter a Small Car Industry

A 1989 survey suggested about 23% of passenger car market required a small car for various

reasons. All being equal, market driven is measurable by order winning capability of

affordability pricing than exceeds internal rate of return (IRR). Yet this IRR might articulate

cost factors according to reasons for revising products to meet market specifications and

satisfaction. Long-range investment project might require advancing thoughts deeper such as to

determine if a new product should enter a new market. For this, a manufacturing strategy

paradigm of Part-d2 in Figure 1 might iterate with Part-d1.

Following the manufacturing strategy paradigm of Part-d2, initial economic research

going back-and-from between Part-d1 and Part-d2 for a low capacity car in 1989 suggested that

while affording part of their disposable income might give its order to a reliable mini-car that

has all round quality that might benchmark a reliable service network. Each of these six parts of

the Part-d2 hexagon requires monies. Matching total costs against demand might receive inputs

from Part-a of the market driven aspects. With the other inputs coming from Part-d2, and if

without competition, a bolder pricing decision might be attempted.

Adopting from Part-d3 of Figure 1, the taxonomy decision tree of Part-d3 shown in the

branching order of 1-3-3 arrows might implode into a new dimensional view depicting

economics in ONE page concept map of Figure 2, which provides external inputs from the

economy. Together from information retrieved through the decision tree, a feel for the internal

rate of return became conceivable as framed in Figure 2. What happened might be to train the

mind to consolidate prior learning of economics, retrieve it along a decision tree perspective.

Then adopt current economic data to both this map and the decision, and mentally link the

logical sense to the BEEE diagram on the right of Figure 2 to visualize the FED risk points.

Going from Part d1 to Part-a in Figure 1, the FED model an affordable price for the

masses and the Perodua brand was born. Investment in a low capacity engine class kept current

had gradually led the company, Perodua to dominate the automotive market in 2010 as in Part-

dx of Figure 1. The brand’s FED model had first consider economics and costing factors that

have affect its required financial performance in Figure 2 and simulate effects for export or

response to revision for new models. Some key observations of the second national car project

follows.

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150

Part-dx. Market share comparison April 2010 [92]

Part-d3. Company’s own

financial economics

Part-a. Elasticity of

Break-Even-Economics Equilibrium

Part- d1. Economics in ONE concept map

Part-d2 Manufacturing strategy paradigm

concept map

Figure 1 Macro schema of automotive economics industry feasibility

Skills

Training

Mechanization

Cost

Sources

Alternatives

Demand Mgmt.

Supply Mgmt.

Life Cycle Mgmt.

Inflow Mgmt.

Outflow Mgmt.

WorkCap Mgmt.

Revenue

Ops Expense

Profit/Break Even

Asset Mgmt.

Liability Mgmt.

Shareholders /

Dividend Mgmt.

Capital structure

Loan

Creditor

Earnings

Shareholder

Dividend

M&A

Investment

Prudence

E Y

X

RO

EW

AC

CB

ala

nce S

heet

Co

y's

Ow

n E

co

no

mic

s

Eq

uil

ibri

um

Mo

neta

ry

Ban

k

F

iscal

Job

sIn

flati

on

Gro

wth

Inco

me

Stm

tC

ash

flo

w

Jan Feb Dec

In In In

Out Out Out

Net + Net + Net

Operational Cash Flow

non-operating

income

W

A

C

C

IncomeStmt

Sales

COGS

Gross Profit

Op Exp

EBITAD

A&D&I

EBT

Tax

EAT

Div

EATD

CurrentAsset Current Liability

Cash Trade Pay'ble

Trade Rec'ble ST Loan

Inv Debentures

Others Others

Long Term

Assets

Long Term

Liabilities

Equipment LT Loans

Goodwill

Building Equity

Land R/E

Others

Balance Sheet

<-----C

urre

ntE

ffic

iency

<--

Long T

erm

Pro

fita

bili

ty

Solv

ency

Mark

eta

bili

ty

X2

Y5=1

S

Y4b=0.618

Y4a=0.5

Y4=0.382

X1 X1a X1b X1c

D

Proton

23.1%

Nissan

6.1%

Perodua

32.6%

Toyota 15.

4%

Honda

8.2% Others 14.7%

Company’s own financial

economics equilibrium input

s check

check

check

check

criteria

inputs

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151

Fis

cal

Job

s

Skills

Concept map of Level 2.

Training

Mechanization In

flat

ion Cost

Sources

Alternatives

Gro

wth

Demand Mgmt.

Supply Mgmt.

Life Cycle Mgmt.

Eq

uil

ibri

um

Cas

h f

low

Inflow Mgmt.

Outflow Mgmt.

Working Capital

Mgmt.

PL

Revenue

Operating

Expense

Profit & Break

Even Analysis

BS

Asset Mgmt.

Liability Mgmt.

Shareholders /

Dividend Mgmt.

Mo

net

ary

WA

CC

Capital structure

Loan

Creditor

RO

E

Earnings

Shareholder

Dividend

Ban

k

M&A

Investment

Prudence

Level-3: SOP subsystem Sub-module learning outcome is the formulation of a combinatorial concept

map for determining simulation effects of Break Even – Economics Equilibrium

T-1.1.1 Use above decision table, review pre-exist knowledge in business economics scan

T-1.1.2 Extend concept map with incorporation of and management accounting going into

understanding the Eyx equation.

T-1.1.3 Explain financial budgetary model templates towards determining working capital

T-1.1.4 Extend above into income statement with working capital back flush

simple risk =BE (deterministic) / EE (probabilistic)

X2=EE = Economic Equilibrium

time to recoverinvestment (X1a...X1c)

time line

X1=BE = break even point

(deterministic)

Risk line

X2

Y5=1

S

Y4b=0.618

Y4a=0.5

Y4=0.382

X1 X1a X1b X1c

D

y$

D

X2

Y5

X1 S Y4

Y3

Y2

Y1

0 x units

Y2-Y2 = cost of units sold (over production

Y1 =Total fixed cost

Y3-Y3 =Total variable costs

Y4-Y3 =Cost of products manufactured

Y5 =sales

Y5-Y4 =profit

X1 = S ∩ Y3 = units to break even

X2 = D∩ S = total units sold

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Level-4: Knowledge base

K-1.1

Common

knowledge

incl. projection from empirical, demand sensitivity investigation, substitution,

complementary / security exchanges / indirect business intelligence reports / ROE

target / capital maintenance / hedging / cycle time-cost / import export

documentation / cost allocation / capital structure / WACC / governance / tax regime

changes / netting center / off-shore impute cost absorption / currency policy / risk

diversification tax governance

K-1.1.1 Break Even – Economics Equilibrium, Cost Quality Service Delivery, Political

Economics Social Technology, Strength Weakness Opportunity Treats,

K-1.1.2 Pre-exits text used before interns year.

K-1.1.3 For financial modeling by creating and simulating commodity demand by and in

individual BRIC over a period

K-1.1.4 Explain keywords relationship in matric

K-1.1.5 INTERNSHIP partner company

K-1.1.6 Visits to consulate or embassy

Figure 2 Level-2 financial economics factors affecting BEEE

Key Observations of Assembly Practice

SOPs or standard operating procedures relevant to each station were placed at convenient

locations along the line for reference. These SOPs were centrally developed and maintained by

a separate department. The plant practiced call-in Kanban cards to refill empty lot racks

whenever contents in the rack reached reorder level. Kanban cards were not free from

negligence. Unsuitable parts on the lines that were placed in claim bins and the next suitable

part in the rack was used. WIs were levelled to attempt even cycle time at each station to

facilitate continuous flow (Baudin, 2002). This allowed no gap between each station and

defects levels were difficult to resolve. Further observation saw that the Lot Traveller produced

by the production system was crowded with information and had to collect more information as

it travelled the assembly line.

Standard Operating Procedures

SOPs make good training tools. In practice, few line operators rarely reference them. Placing

SOPs on the line were less effective. The cycle time to develop and maintain SOPs was

inefficient and ineffective because revisions outdate quicker than line improvement making the

SOPs production department ineffective and redundant. Doing SOPs for the sake of satisfying

quality audit was rationalized more wasteful than making SOP perform. Having a one-page

SOP summary shown in the lower part of Figure 3 at each station was more effective for the

line operator to follow visually than to read the SOPs. On the chart, WIs sequence number

without description might be positioned next to that section of the part to be installed. Each

chart might show workflow sequences of human work steps for a single work process and state

precisely the time required for each step, the total cycle time for the station and the in-process

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153

stock. There was no room for unnecessary motion and wasted effort (Womack & Jones, 2007).

Moreover, quality might be sustained, safety assured and equipment damage prevented.

To make SOPs work effectively sot that lines might be held accountable, WIs in each

new position illustrated in Figures 4 of an SOP might be updated immediately in an economical

version controlled database. A program that integrates parts data information along the likes of

a parts data management (PDM) might correctly reposition new WIs coordinates onto an

electronic drawing file. This information might be extracted on demand to update the stations

with new SOPs charts. Depending on the parts involved and availability of a CAD-PDM

database, geometry revision control can be involving as it affects (Degamo et al., 2003)

retooling, material substitution, work intructions and cycle time. JIT/SCM process cost might

also update the 11M database.

Figure 3 SOP summary procedure in a pseudo PDM

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Rack Kanban triggers

A Kanban is a signal to trigger a call-in of the next process such as to replenish parts to the line.

The process of having a person to supervise the process might mean that the folk lift has to

make a return trip each time there was a call-in. Figure 4 illustrate an effective measure that

used remarked line storage with two rack spaces placed one after the other behind each station.

Both spaces might contain a parts rack. As a station completed the parts in the rack in the front

space, it replaced the front space with the rack from the backspace. At the same time, the

station operator might sound a musical light loud enough to signal the forklift operator. Instead

of previously responding to supervised call-in, a folk lift might be required to travel a standard

route as a continuous conveyor to collect empty racks for restocking. Visible (Schaller, 2005)

empty racks in the backspace have acted as Kanban signals.

Figure 4. Pull effect using rack Kanban trigger

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Systematic parts replacement

While the main parts such as complete knock down CKD lots may arrive from their principals

abroad, local parts such as bumper fender are produced locally. Their low recovery in research

and development usually raise reluctance in committing working capital. When the main parts

arrived as CKD from the principal, they are unboxed, stuck with paper bar codes, and issued to

the line in racks that might be traced to the CKD lot. Local parts were required to deliver in

packs with quantities matching to the CKD lots. Securing collaborative local supplier

(Schonberger, 2006) to deliver in the required manner was not difficult. The difficult aspect

was withholding payment for slow compliance to replace unsuitable parts. Over time,

suspicions strained further collaboration and disrupted workflow. Replacing unsuitable parts on

the line with the next good available one was less effective in traceability because this sequence

of robbing parts desynchronized the sequence of matching parts issued from CKD packs with

those in Kanban racks designed to hold different standard lot sizes for different parts.

Replacing unsuitable parts by robbing from a separate CKD lot and separate local parts

lot for substitution purpose might not disrupt the part issuance sequence because the back-to-

back matching of each local lot with each CKD lot is non-disruptive. The cycle time to claim

replacement part might immediately shortened from a week to a minute as claim are made

against the separately available lot to be robbed. The administration for claim almost

disappeared completely other than keeping a claim to match the balance in the lot for

replacement. In this way, when a WIP becomes a car, all suppliers might deem to have

delivered accurately and therefore qualified for prompt payment.

Figure 5. Result of wastages

Line control

Though cycle times at each station are levelled, the amount of reworks showed that defects

were only detected by a quality control station just before line-off. By not correcting defects as

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156

and when they happened, might compound wastes and cause uncompleted cars or WIPs that

have defects to be transferred into sick bays. For example if a defect was to happen at station 5,

it might be seven stations later before the defect was discovered at the quality control station.

By then the first defect might have added on other defects at subsequent stations. This might

inverse the intention from pulling to pushing non-quality activities that might add up rejections.

Stations are renumbered in the reverse to emphasis the first station on a line is the end station.

A WIP accumulated consistent values along an even line. In normal situations, at line off after

station 12, a WIP’s accumulated value might be at the ‘CC’ level. Whenever the cycle time

increased, the cycle cost might also increase as indicated in ‘CC+’ in Figure 4. The causes of

indirect and direct wastes and their total effects (Kaplan & Anderson, 2007) are shown.

Enlarged copies were position at high visibility areas frequented by everyone on the line to

remind about the causes and effects of inefficiency. They were simple to understand by all and

as a visual communication tool had achieved the intention to emphasize that reworks are

expensive and might require disassembly, repairs and reassembly. The rework time might be at

least four folds of cycle from the station where the defect happened until line off. Had defects

been corrected at where they happened, the correction time might have lessened and not had the

opportunity to compound into subsequent stations?

The resolution for line control might require eliminating the end-of-line quality control

function by transferring the quality control function to everyone in the line. The effectiveness

of this was felt immediately by a mandatory buy-off practice as the first WI of all SOPs at

every station. The function of buy-off was to empower the stations to inspect, accept and take

full responsibility for receiving a WIP. Clearly, line operators were to focus on fulfilling only

their own stations’ cycle time with accurate assembly. In this essence, each station had only to

know one new data, which was the planned buy-off time of the next station and treating the

next station as a customer. The line operators learnt to develop the inspector attitude of

inspecting their work making sure they were good before “selling it” to the next station. As a

result, there was no need for inspectors because fixing defects on the line prevented passing on

defects and gradually had eliminated the whole process of taking sick cars off the line.

Practicing buy-off made production capacity planning easier such as planning availability of

workers and machines, and motivated operators to meet quality for the expected volume. The

practice of buy-off had reduced cycle time fluctuation because it used standard cycle time to

achieve consistent quality product to meet quality production throughput.

Lot traveller and lot journal

A redesign of a less crowded lot traveller in Table 1 include a planned buy-off time from the

next station might make the traveller more effective to pull processes toward the end. Each

station might have its own pre-printed WI chit from the SOP database for ticking off.

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157

Thereafter the chit was inspected, signed and time-stamped by the next station as actual buy-off.

Table 1 illustrated a traveller for lot number ‘288’ stating the planned buy-off time at each of

the twelve stations and cycle time for each station to finish a given amount of work. Stating the

exact cycle time became the key to turn WIP into a complete car on schedule to balance the

pace of production with sales. When each process fulfil its cycle time, production might amount

to exactly what was needed when it was needed, and at the same time ensured production might

match the final assembly process. When the finished car rolled off the line every twenty

minutes in the short line, the interval at which section of the entire car produced might have

been exactly twenty minutes. The lot traveller has a direct relationship to a lot journal that was

to register local suppliers’ lot delivery fulfilment against CKD lots. With a dedicated lot for

substituting claimed parts, the lot journal format might show evidence of matching suppliers’

fulfilment and remove all suspicions; therefore, payment might be paid on time to strengthen

relationship with suppliers.

Table 1 Lot Traveller Summary

Lot Traveller 288 Date 18 Sept 2013

Car ID Engine # Chassis #

GH305 62836408 USM28

1 Line Name Final Assembly 12

2 Station Number 1 2 12

3 Level 9 SOP Reference FA-1 FA-2 FA-12

4 Total Work Instructions 5 9 20

5 Planned Cycle Time (mins) 20 20 20

6 Planned Buy-off time (to be stamped) 13:00 12:50 11:10

7 Planned Buy-off time (to be stamped) 13:00 12:50 11:10

8 Total Value ($) 300 300 400

9 Total Man in Station 0 1 1

# Robbing & Claim Reference

# CKD Pack Reference SK103 SK103 SK103

Intelligent 11M database for Pseudo Parts Data Management

All costs are fully charged out. Cost center databases of each of the 11M apply zero-sum

approach in charging costs across the affected 11M. Even slack, waste material or idle time are

charged to ‘Motionless’. Moreover each ‘M’ has its own level of cost centre. Example if

Marketing is M1 and advertiseing is a section within Marketing, then the charge out code

might be M1A. A cost can be charged out to more than one cost center or shared among cost

centers, nevertheless the approach remains zero-sum. The reason for this approach is to enable

cross section analysis of BEEE cost articulation management.

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An intelligent 11M database might include unique ABC decision rules (Kaplan &

Anderson, 2007) capable of determining zero-sum cost ownership by unique processes that

indirectly share costs to avoid cost compensations and redundancies. Intelligence can expect by

a comprehensive chart-of-account design for each M in a 11M database by means of a unique

index key to update engineering revisions in Figure 3 and retrieve cost elements into any SOP

page. Such database gives a company prime advantage in fast decisive evaluations because it

contains cost details for each of the 11M per station. A database design that separately cost

each stage of a SOP in a quality system has no redundant cost due to a zero sum objective, also

because each stage in a SOP is exclusive. Risk of compensating costing can be avoiding

apportionment rules by splitting costs with processes before and after current process.

The challenge in optimizing elasticity in the magnitude between equilibrium x1 and

break-even point x2 in Figure 2 demonstrates crossing combined effects of both points

(Harshbarger & Reynold, 2009) while factoring wastes in the equation. Investment elasticity is

another compelling factor in proposal investment for product changes because given limited

working capital, the choice of which independent variable to invest for sustainability suggests

selective a focused direction is preferred instead of more than one direction (Ono & Negoro,

1992).

Micro Situation - Engineering Change

Reference is made to Figure 6 and Figure 7. Since rolling out the first car until now there has

been regular (upgrading specification) and irregular engineering changes. Like most car

assemblers, justifying returns on assets to improve efficiency in their diverse assembly

processes (Hill, 2000) that take material parts through to finished product remain among the

most critical criteria, more so in a tight labour market. In production started low, investment

was unfeasible for a long line with each station having minimum work instructions or WIs

because there was insufficient work volume. In a short line such as for a new bumper fender,

the total WIs of a line are sequenced in a manner that the total sequenced time at each station

might add up to be the same.

Changes expect to challenge. Larger industries benefit by scaling up concept topologies,

mobile research, manufacturing financial economics modelling and proposition evaluative

models for net effects of the 11Ms database to achieve integrated manufacturing FED

evaluation. Of the styling changes: skirting, bumpers and fenders are the most frequent

especially by car enthusiasts who enjoy dressing up their cars. A market response had it that a

new bumper fender is need. The case consider to design a front bumper fender for

manufacturability, and then for marketability. This new bumper fender is to replace an outdated

design with a ‘face-lift’. The company produces 100,000 units of cars per year that will have to

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159

be fitted with this new bumper. Three hundred cars have been sold. Those who have purchased

might not necessarily purchase this ‘face-lift’. Compared with a full car assembly in the macro

situation, processes for engineering change are fewer as sub-assembly.

Pedagogic Reminders

Some key instructional pedagogic points over the past papers are reminded.

Individuals with industry experience might have their ways of facilitation an exciting

storyboard while monitoring the group’s learning progress.

Repetitious use of advisory command words with Socrates’ affective style promptings with

hints and puzzle along cause effect and workflow should focus towards evaluating

magnitude of change in EXY

of Figure 1 (Lim, 2011). Display spreadsheet to exemplify the

theoretical four curves and two intersects x1 and x2 represent the risk factor; first base on

static information then followed by a dynamic effect when cost values and demand change.

Bringing minds back to concept map and decision tree condition the mind into not just

retrieving knowledge but re-warehousing knowledge at more efficient mental retrieval

route in a revised taxonomy.

Propositions

Open to all imaginable possibilities; your team is required to arbitrate some rational values

when making the following two propositions.

a) Tell a long good story of how the WHW paradigm might be applied to demonstrate

FED evaluation of the car label, which from nowhere in 1991 become market leader.

b) Explain as a product manager of this new bumper fender design project, how you

would apply the WHW paradigm to make a compelling proposition to your board of

directors. On an 11M worksheet designed by your team, appoint the cost inputs. With

those inputs that affected the engineering change, present your WHW proposition for

engineering change. Your proposition is to address the following.

1. Explain from bottom up (towards the WHW top) how 11M might be applied to each of

the four stages from design to market:

a. From market research to design prototype,

b. From final design to manufacture,

c. From manufacture to assembly,

d. From assembly to market.

2. Having ascertain (1), prepare to answer

a. What threats and opportunities are present?

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b. How much would the investment cost?

c. When is capital recoverable and profit achievable?

3. Explain the probabilities involved in achieving your perceived output units.

Figure 6 Example of a part engineering change

Figure 7 Bird’s eye view of a car manufacture / assembly

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ANNEXURE II

Cluster Research & Development Initiative

Author: Matthew Goldman Kimher Lim

Adapted from previous papers in this publication together with “Industry Centric Instructional System

for ‘BEEE’ with Measurement Design – a Structural Functionalism Emphasis”. Int’l Journal of

Social Science and Humanity 2 (2), 85-93

Prime Intention of the Paper

As this project is funded by an ERGS grant from Malaysia’s Ministry of Higher

Education, by publishing this paper, the initiative for a Cluster Fundamental Research

Grant is registered through this paper in the event the research advance into further

fundamental research with development that incorporates Parts Data Management

Financial Economics Decision Support or PDM-FEDS

Introduction

This paper is NOT a system specification. It aims to offer high-level schema thinking for

instructional design for CAI/CAL.

Assumptions

Readers of this paper are assumed computer system developers with working knowledge of

Gane Sarson SSADM, theoretical FED knowledge, and have understood previous papers. The

schema below is put together with templates from previous papers.

High Level Schema

Putting the FED taxonomy together from various dimensions’ templates in prior papers, the

following figures summarizes the thoughts to prototype a system using Excel ® with or without

VBA, and if possible integrate with a database such as Access ®. The idea for the prototype is

for proof of concept that the procedures for the system might be able to achieve the theoretical

WHW for teaching decision-making.

Schema descriptions

Parallel to Gane Sarson Level 3, might be the structured conceptual database map of 11M+3S

database. Level 2 of Gane Sarson being DIADs might reflect structured decision tree maps of

data directions as retrieval rules for plotting EE, EE and BEEE curves as base diagrams storable

as vectors for later fast overlaying (Beel, 2010). The base diagram is needed for second plots to

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162

overlay decision scenarios curves. Still a third set of hypothetical inputs about competitions’

financials can form the second overlay. Table 1 offers a matric of piecing information from

previous figures and tables with additional suggestions.

Figure 1 High-level schematic FED system design and development

Table 1 Cross Reference of Information Location

Level 1 Annexure I Figure 1 part-dx

Annexure II Figure 2 part-a

Level 2 Annexure II Figure 2 part-b Annexure II Figure 2 part-c

Annexure I

Figure 2 part-d1, d2, d3 and

dx

Table 1

Annexure II

Figure 2 part-d

Level 3

Annexure I Table 1,

Annexure II Figure 2, part-e, Figure 2, Figure 3

Level 4 Annexure II Figure 2 part-f Annexure I Table 1

The data retrieval rules to calculate BE and EE might be stored in a macro library

indexed by an intelligent 11M + 3S database from which unique decision rules define

accountability ownership. Intelligence can be expected by a comprehensive chart-of-account

design capable of generating unique key to update and retrieve cost elements. Jaxworks (2011)

provides some working ideas to plot BE and EE. Excel VBA® might script completely the

purposive linkages from Level-0 to Level-3 to access the 11M+3S. Access ®, which used Excel

Current six level taxonomy

Revised to four levels FED structure concept mapology taxonomy (Fig 1-6)

to complement Gane Sarson SSADM in functional specification

Gane Sarson 4 levels

SSADM

Access database development of 11 ‘M’ (fig. 6)

Excel VBA scripts development of Fig 1-5: Rules and graphic library

catalogue Interactive user interface

for learning decision-

making

Advance phase: Development of machine learning capability: machine acquire

knowledge of each student’s progress, data mining ability for multi-media

development for machine based facilitation

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163

for database creation, might offer the safest way forward. Eleven databases need be created to

maintain various cost categories mentioned in Figure 2 to provide intuitive advantage in fast

decisive evaluations with cost details for each 11M+3S factors.

(Part-a: context diagram for Break-Even-Economics-Equilibrium)

(Part-b: decomposed Beak Even

(BE) chart for ‘How’ dimension

(Part-c: decomposed nominal

distribution curve of BEEE risk

for ‘When’ dimension

(Part-d: decomposed

Economics Equilibrium (EE)

chart for ‘What’ dimension

(Part-e: database access rule map)

M1 M

2 M

3 M

4 M

5 M

6 M

7 M

8 M

9 M

10 M

11 S

1 S

2 S

3

(Part-f: conceptual database schema map)

Figure 2 Master concept map for system development based on revised taxonomy

Jan Feb Dec

In In In

Out Out Out

Net + Net + Net

Operational Cash Flow

non-operating

income

W

A

C

C

IncomeStmt

Sales

COGS

Gross Profit

Op Exp

EBITAD

A&D&I

EBT

Tax

EAT

Div

EATD

CurrentAsset Current Liability

Cash Trade Pay'ble

Trade Rec'ble ST Loan

Inv Debentures

Others Others

Long Term

Assets

Long Term

Liabilities

Equipment LT Loans

Goodwill

Building Equity

Land R/E

Others

Balance Sheet

<-----C

urre

ntE

ffic

iency

<--

Long T

erm

Pro

fita

bili

ty

Solv

ency

Mark

eta

bili

ty

WHAT (Sight market

opportunity)

Economics Equilibrium

HOW (measures &

track needed

resources)

Break-Even (BE)

WHEN (time frames of expected

benefits)

Probability of Elasticity

X

Y

Total Revenue

line

Q

Total

Variable

Costs

line

Total Fixed Costs line

0

Break

Even (x)

Economics

Equilibrium

(y)

Aggregate

Demand line

Aggregate

Supply line

$

0

Probability of Elasticity

(Eyx)

Break

Even

(x)

Economics

Equilibrium

(y)

$

Q

µ

Eyx

BE (x) EE (y)

Wastage

zone

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164

Table 2 Legends for Figure 1 to Figure 6

Income Statement item Balance Sheet items

COGS = Cost of Goods sold

Op Exp = Operating Expenses

EBITAD = Earnings Before Interest, Tax, Amortization

& Depreciation

A&D&I = Amotization + Depreciation + Interests

EBT = Earnings Before Tax

EAT = Earnings After Tax

Div = Dividends

EATD = Earnings After Tax & Dividends

LT = Long term

R/E = Retained Earning

WACC = Weighted Average Cost of

Captial

11M Cost Accounting Databases 3S Supply Databases

1. Manpower (staffing)

2. Marketing (selling exp)

3. Money (cost of funds)

4. Methods (systems related)

5. Material (direct/indirect)

6. Machine (plants & machinery)

7. Measurement (quality control & assurance related)

8. Maintenance (service contracts & depreciation )

9. Motivation (training)

10. Motion (idle cost)

11. Modification (engineering change)

4. 50%

5. 30%

6. 20%

Figure 3 11M dataflow

N

Y

Project RatioAnalysisFixed

Assets

Stock

Sales/AR

Cash

Expense

Purchase

Project Cashflow

Project Income

Stmt

Project Balance

Sheet

Cr & DrVouchers

Journal

Trial Balance

Adjustment

Entries

Subsidiary

11 Mledgers

Variable Costs

(direct & indirect)

balance

?

ExpenseExpense

StockStock

Fixed Costs (direct & indirect

Planned & actual 11M

Database

MarketMoneyManpower

MethodMachine

MaintenanceMotivationMaterial

MeasurementModification

Revenue Database

(planned & actual)

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Conceptually phase 1 design resembles silent management game with scripted prompts while

keeping tap on performance scores within time constrain and manually facilitated by

instructors. Upon success, phase-II may plan for scripted interactive voice with minimize

manual instructor facilitation. The development’s waterfall effects can further advance Gane

Sarson design philosophy into machine learning with generalized data mining algorithm to

acquire knowledge about FED experiences. In doing so, machine becomes pseudo thinkers that

over some time can be refined to assist human facilitation. When “a computer program is said

to learn from experience ‘E’ with respect to some class of tasks ‘T’ and performance measure

‘P’, if its performance at tasks in ‘T’, as measured by ‘P’, improves with experience E”

(Mitchell, 1997), in the aspects of machine learning.

Legends

Credi

tors

Bolded square

denote external

entity’s name

C1. Ratio

Analysis

Process refene folow by brief

description

Figure 4 Level-0 process flow for development of integrative worksheets interfaces

Ped

ago

gy

Seq

uen

ce

Dem

and

/

Lo

gis

tic

Acc

ou

n-

tin

g

Per

for-

man

ce

Dec

isio

ns

1 A1

2 A2

3 B1

4 B2

5 B3

6 B4

7 B5

8 B6

9 B7

10 A3

11 C1

12 B8

13 B9

14 B10

15 C2

16 D1

17 C3

18 C4

19 D2

20 D3

21 D4

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Selective explanation within sub-systems boundaries

Each worksheet being a process, the appropriate interfaces among them in Figure 3 together

formulates a simulation system to determine financial payoffs arising from articulating an

optimum BEEE (Lim, 2011), a tangent relationship between break even and economics

equilibrium adherence to corporate governance in a company’s Articles of Associations, both

land and off-shore. Development of these worksheets incorporated colored cells and worksheet

sections that are triggered by pre-defined conditions for presenting associate activities between

interfacing values. Selective processes for explanation in each boundary are:

Table 3 Selective Explanation within Sub-system

Market demand survey processes boundary

A1 Manage

Demand

Demand management begins with an environment scan to ascertain if there is a need

that justify worthwhile and prudent financial opportunities according to choice of

survey method

A2

Harmonize

Means

This process refer to identifying a mean lower than a geometric means procedure to

select a variable that need less investment to recover lost market share (Lim et al., 2011)

A3 Perform

Import

Export

The procedure of import and/or export involves a supply chain of financier and logistics

entities, and related documents.

Accounting processes boundary

(B1…..B10) From base numerate inputs of budgetary estimates collected, cash flow for the project

period work through the flow to communicate working capital requirement while

qualifying various break-even benchmarks to be considered for re-simulation to arrive

at acceptable financial performance according to pricing parameters and permissible

risk/cost effective governance. One simplified way to capture ABC is through two

separate matrices for fixed and variable. (Kaplan & Anderson, 2007; Lim et al., 2011).

BEEE Processes Boundary

C3 Factor BEEE; outputs from demand survey and accounting converge in this process to

produce the break-even economics equilibrium factor for purposive positioning of

project price estimation.

Performance processes boundary

D4 IFRS, Governance, Off-Shore & Risk Parameter; the Articles of Association of landed

and off-shore incorporations are referred including country risk, tax rates of various

countries that affect netting center financial planning, third party dealings especially

out-sourcing and limitation or risk level permissible in dealings while regularly updated

whenever new banking regulation arise.

Concluding Ideas for Technical Professionals

Given the high level schema in Annexure I, it is very possible to incorporate them with

ideas from this paper for a resultant instructional system that technical professional

might find useful to assist in PDM-FEDS learnng with possibility to further advance to

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167

live appliacations in industry. Challenges are focus toward escalation to develop FED

managers in a fast, competitive and changing employment market, made more challenging by

quantum advancement of information technology. This calls for equal enthusiastic efforts to

reinvent CAI/CAL as the spiral nature of system life cycle need to feed updated rules and

inputs. Only with vigilant alertness can systems retain current, enriched and enlarged to meet

current challenges.

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