Finance Course: A Multi-Class Randomized Controlled Trial

Last registered on September 26, 2025

View Trial History

Pre-Trial

Trial Information

General Information

Title

Finance Course: A Multi-Class Randomized Controlled Trial

RCT ID

AEARCTR-0016847

Initial registration date

September 23, 2025

Initial registration date is when the trial was registered.

It corresponds to when the registration was submitted to the Registry to be reviewed for publication.

First published

September 26, 2025, 8:19 AM EDT

First published corresponds to when the trial was first made public on the Registry after being reviewed.

Locations

There is information in this trial unavailable to the public. Use the button below to request access.

Request Information

Primary Investigator

Name

Noemi Oggero

Affiliation

University of Turin

Contact Primary Investigator

Other Primary Investigator(s)

Additional Trial Information

Status

In development

Start date

2025-09-30

End date

2026-09-30

Keywords

Education, Finance & Microfinance, Gender

Additional Keywords

Financial Literacy, Beliefs

JEL code(s)

G53

Secondary IDs

Prior work

This trial does not extend or rely on any prior RCTs.

Abstract

This study examines the effects of a finance course on students’ outcomes at an Italian university. We leverage the random allocation of students into classes within the same finance course to examine how the teacher affects students’ performance, self-efficacy, confidence, beliefs, and gender attitudes.

External Link(s)

Registration Citation

Citation

Oggero, Noemi. 2025. "Finance Course: A Multi-Class Randomized Controlled Trial ." AEA RCT Registry. September 26. https://doi.org/10.1257/rct.16847-1.0

Sponsors & Partners

Experimental Details

Interventions

Intervention(s)

Intervention Start Date

2025-09-30

Intervention End Date

2025-12-20

Primary Outcomes

Primary Outcomes (end points)

We will examine students’ financial knowledge, academic performance, self-efficacy, and beliefs. We will also collect information on confidence, engagement, gender attitudes, and gender stereotypes. Outcomes will be measured at baseline (T0) and at the end of the course (T1) using surveys and course assessments.

Primary Outcomes (explanation)

Secondary Outcomes

Secondary Outcomes (end points)

Secondary Outcomes (explanation)

Experimental Design

We conduct a multi-class randomized controlled trial in a finance course at an Italian university. Students are randomly assigned to 3 classes that have the same program and assessment, but differ in instructor characteristics, including gender. Surveys are administered at baseline (T0) and at the end of the course (T1) to measure changes in financial knowledge, self-efficacy, confidence, beliefs, and gender attitudes.

Experimental Design Details

Not available

Randomization Method

Randomization is based on students' surnames: students with surnames beginning with A to D are assigned to one class, those with surnames from E to N to a second class, and those from O to Z to a third class.

Randomization Unit

Class level randomization.

Was the treatment clustered?

Yes