This question is addressed in the paper by Sofia Schöbel, Andreas Janson and Jan Marco Leimeister, which was accepted in the Journal of Management Education (JME).

The paper shows how points and badges can be used in management education. It analyzes the effect of gamification elements on problem-centered learning as well as on engagement and satisfaction with the learning process.

The paper can be downloaded here: https://doi.org/10.1177/10525629221123287

Source: Schöbel, S. M., Janson, A., & Leimeister, J. M. (2022). Gamifying online training in management education to support emotional engagement and problem-solving skills. Journal of Management Education, 0(0). https://doi.org/10.1177/10525629221123287