The Effect of Online Homework in the Performance of Mathematics of Accounting and Finance Students

In this paper, effect on the homework and exam performance of a set of online homework developed for use of Mathematics of Accounting and Finance students was explored. The homework sets, administered through an open access learning management system, MyOpenMath, have advanced features made and aimed to improve the limitations of traditional paper-and-pencil homework. We employed a two-group counterbalanced experimental design with two phases to gather information for this study. Each group had the opportunity to be the control and experimental group during the experiment, and participants received summative tests at the end of each phase, which served as their exam performance. While homework scores of the students served as the measure of their homework performance. Qualitative data were also collected to further explain the result of the experiment. In both phases, the online homework group obtained a significantly higher homework marks and better mean scores on the tests. It was also revealed that students appreciated the modern features of online homework and these motivated and challenged them to perform well.