Movie Study

Introduction: On April 26, 2023, a movie study session was conducted for students focusing on the documentary "Panic: The Untold Story About the 2008 Financial Crisis." The purpose of the session was to provide an in-depth understanding of the events leading to the financial crisis of 2008 and its impact on the global economy. The session consisted of watching the documentary followed by a quiz conducted on the Kahoot platform, allowing students to assess their comprehension.

Session Details: The session commenced at the scheduled time of three hours. The students gathered in the Finance class, and the documentary "Panic: The Untold Story About the 2008 Financial Crisis" was screened. The documentary provided a comprehensive analysis of the factors that led to the crisis, including the housing market bubble, subprime mortgage lending, and deregulation of the financial industry.

As the documentary unfolded, it painted a vivid picture of the events leading up to the crisis. The audience was taken on a rollercoaster ride through the greed, speculation, and irresponsible lending that had plagued the financial industry. They learned about the complex web of subprime mortgages, mortgage-backed securities, and credit default swaps that were at the heart of the crisis. The documentary delved into the tangled relationships between banks, rating agencies, and regulators, exposing the systemic failures that had allowed the crisis to unfold.

Throughout the screening, the students were encouraged to ask questions and engage in discussions. The room buzzed with energy as they debated the role of government oversight, the responsibility of financial institutions, and the lessons that could be learned from this dark chapter in history. The documentary not only shed light on the causes and consequences of the crisis but also inspired a new generation of young minds to critically examine the workings of the financial world.

Faculty Explanation: To ensure a better understanding of the complex financial concepts depicted in the documentary, faculties, Dr. Danish Hussain and Prof. Shrutika Mishra delivered explanations and insights at key intervals during the session. The faculty member clarified important financial terms, outlined the role of key institutions, such as investment banks and rating agencies, and highlighted the consequences of the crisis on various stakeholders. This intervention aimed to enhance students' understanding and engagement with the subject matter.

Quiz on Kahoot: After the completion of the documentary, a quiz was conducted using the Kahoot platform. The quiz comprised a series of multiple-choice questions that tested the students' knowledge and comprehension of the documentary's content. The questions covered a range of topics, including the causes of the crisis, key players involved, government responses, and the aftermath of the financial crisis.

Conclusion: The movie study session on "Panic: The Untold Story About the 2008 Financial Crisis" held on April 26, 2023, was a successful event. The combination of watching the documentary, faculty explanations, and the subsequent quiz on Kahoot provided students with a comprehensive learning experience. By delving into the complexities of the crisis, students gained valuable insights into the world of finance and a deeper understanding of the events that unfolded in 2008.

The session contributed to the students' knowledge of financial crises, the importance of regulatory measures, and the interconnectedness of the global economy. It served as a valuable educational tool, facilitating critical thinking and stimulating discussions about the causes and consequences of the 2008 financial crisis.

OUTCOMES OF THE EVENT

Outcome 1 - By watching the documentary, students were exposed to a detailed analysis of the factors that contributed to the crisis, such as the housing market bubble, subprime mortgage lending, and financial industry deregulation. This visual representation allowed them to grasp the complex concepts more effectively and connect the dots between different elements involved in the crisis.

The faculty members, Dr. Danish Hussain and Prof. Shrutika Mishra, played a crucial role in enhancing the students' learning experience. Their explanations and insights at key intervals helped clarify important financial terms and shed light on the roles of various institutions, such as investment banks and rating agencies. This intervention not only deepened students' comprehension but also fostered engagement and active participation during the session.

Outcome 2 - The subsequent quiz conducted on the Kahoot platform served as an excellent tool to assess students' knowledge and comprehension of the documentary's content. By answering multiple-choice questions on topics like the causes of the crisis, key players, government responses, and the aftermath, students were able to gauge their understanding and identify areas for further improvement.