Applications of Spreadsheets in Education The Amazing Power of a Simple Tool

Graduates’ Use of Technical Software in Financial Services

Author(s): Timothy Kyng, Leonie Tickle and Leigh Wood

Pp: 241-260 (20)

Doi: 10.2174/978160805276911101010241

* (Excluding Mailing and Handling)

Abstract

Auniversity education in actuarial studies and related areas prepares graduates for a wide range of careers. This study demonstrates that recent gradu-ates working in the financial services industry make significant use of spreadsheet software. We found that all 76 respondents use spreadsheet software, and more than half spend at least 60% of their time using spreadsheets. Graduates also use a range of statistical, database, mathematical, financial, and actuarial software. This signifi-cant time spent in front of the computer has implications for universities wishing to design curriculum to prepare students for careers in the financial services industry.


Keywords: technical software usage, financial service

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