The Business Simulation Blog

Many high schools around the world have already introduced business education in their curricula. In this framework, business simulations are an important tool to aid students in developing critical work life skills before they step out of the classroom. The hands-on approach of simulations help students learn about business by providing a practical experience, while offering school leaders and educators an innovative way to help students gain essential skills for their academic and professional success.

We are glad to announce the official launch of Cesim AI, our groundbreaking integration of generative artificial intelligence into our business simulation platform. With generative AI, we aim to enhance the learning experience for students and improve the teaching process for educators. Cesim AI—powered by the latest OpenAI models and trained with Cesim’s specific data—is continuously developed to keep instructors ahead in experiential learning. Hear more about our latest tool from our CEO, Veijo Kyösti, in the following video.

Professor Ari Jääskeläinen, lecturer at Savonia University of Applied Sciences (Finland), shares how he uses Cesim Firm, our General Management Business Simulation, to train his engineering students' business acumen. Additionally, one of his course attendees shares her experience on how participating in a business simulation helped her acquire a holistic view of a company.

A capstone course is a culminating experience that integrates the knowledge and skills acquired throughout a business program. It requires staying updated with the current and future trends in business and education, as well as designing a comprehensive and engaging syllabus. In this blog post, we will discuss how ESG (Environmental, Social, and Governance) decision-making and business simulations can be two powerful elements to enrich a capstone course.

Sustainability is an integral part of the strategy and operations of many businesses around the world, and the hospitality sector is no exception. Historically, the tourism industry has had a profound impact in the environment due to the volume of consumable goods it uses. Implementing sustainable values in the business strategies of this industry is thus a necessity.