John Kraft, Susan Cameron Chair of International Business, Warrington College of Business, University of Florida, and Visiting faculty at Aalto University Mikkeli Campus, shares his experience with using business simulations and provides advice for new and existing adopters.
Tags: Educator 2.0, How to use business simulations, Why use business simulations, Student engagement, student motivation, business simulation, business simulation games, Business education, Higher education, education technology, ed tech, higher ed, capstone
Cesim Global Challenge, our strategy and international business simulation, has been used since 2015 during the capstone course of the International Business BScBA degree program a Aalto University Mikkeli Campus. By using our simulation, students can apply the different business concepts they have learned during their studies, and practice critical business skills. In the video below, you can learn firsthand from both educators and students of the program about the experience of using a Cesim Business Simulation in this course:
Tags: How to use business simulations, Why use business simulations, simulation game, simulations, Serious Games, Student engagement, business simulation, business simulation games, motivation, Business education, Higher education, Business acumen, Educador 2.0, education technology, ed tech, higher ed
As an educator looking for a boost in student engagement you might be thinking about implementing a business simulation in your course. Consequently you wonder if/how you can utilize your existing materials and integrate those with the simulation to provide a full learning experience for your students. If you have gotten this far you are on the right track. Namely, a simulation is a way to put theory into practice and if there is no theory, the simulation can become a game-play only.
Tags: Acquire practical business skills, Why use business simulations, Serious Games, Executive Management Education, business simulation games, Business education, Higher education, Business acumen, experiential training
Time flies when you're having fun.
Business education and corporate training is aimed mostly at adult learners who already have knowledge and experience in the field they wish to improve. They are usually very eager to apply and test their learning in a real-life scenario. If you also consider that business simulations allow their participants to apply several business concepts concurrently, so that they get a holistic understanding of the business decision-making process, then it becomes obvious why business simulations are an ideal tool for adult business education.
Tags: Why use business simulations, business game, Serious Games, Generation Y, Neomillennials, Millennials, Student engagement, student motivation, business simulation, business simulation games
For a second consecutive year, students from BGE-PSZK (Department of Finance and Accounting of Budapest Business School and University) and from the Belgian HoGent University took part in an English-language business simulation course in Budapest, Hungary. The 35 participants formed a diverse group with different nationalities (Belgium, Azerbaijan, Hungary, Georgia, China, Holland, Mongolia, Germany, Lebanon and Ethiopia, to name a few) and who spoke twelve different native tongues.
Tags: simulation, Business simulations, How to use business simulations, Practice business theories, business game, simulation game, competition, simulations, Generation Y, Neomillennials, Millennials, Student engagement
