Authors
Djordje Kadijevich
Abstract
Spreadsheets are major tools in the finance industry. In order to find out how these tools are used, we examined recently published research papers and interviewed seven experienced bankers.
This examination showed that spreadsheets may be used insufficiently, uncritically, and erroneously. By focusing on the quality of data and models (to be) exploited, this paper presents main details of this business-risky use of spreadsheets.
Implications for vocational education are included.
Sample
The results of this example are questionable because banks usually do not have reliable and complete data concerning expenses for some of their services. This opens an opportunity to use spreadsheets to test the validity of the data applied.
Publication
2013, Educational Interfaces between Mathematics and Industry, Volume 16, December, pages 403-411
