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Abstract

This study compares the performance of students taking Introduction to Finance classes in an online versus a face-to-face setting. The study included 995 students. The analysis compared dropout rates, exam scores, final grades, and case study scores. The dropout rates of students in the online classes was more than twice that of students in the face-toface classes. Students in the face-to-face classes received higher scores on their exams, case studies, and higher final grades, but the difference was small, less than the difference between the grade of a B and a B-.

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