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.
What our clients say
We have implemented Cesim Service into our curriculum and use it as part of one course that is running for 6 weeks. We have seen an increase in students willingness to learn different aspects of accounting and business skills. The simulation makes learning more engaging and many ways also more challenging for our students.
Some of the benefits we have noticed are, for example, that the time spent studying business skills has increased and that the willingness to learn about theory is better during the course. More over, as communication and teamwork are an important part of the simulation, students are learning valuable teamworking skills. Additionally, competition between teams is pushing them to learn more about the subject to be at the top in a simulation. I can recommend using simulations as part of your curriculum in your school!
Otso Karhumäki
Teacher of history, social sciences and business studies
Salo High School
Why Business Simulations
Business simulations help high school students apply concepts such as budgeting, teamwork, and project management to real-world scenarios, bridging theory and practice. Students learn to navigate real-life situations, from crafting business plans to managing budgets, gaining insights from the successes, setbacks, as well as from overcoming challenges. This method fosters adaptability, problem-solving, and collaboration—key skills success both in college and the workplace.
Some benefits of implementing business simulations at high school level are:
- Practical Skill Development: Business simulations equip students with business knowledge through tasks like market research, financial management, teamwork, and tackling real-world challenges, enhancing problem-solving skills and confidence.
- Financial Literacy and Budgeting: Participants manage budgets, track expenses, and handle financial constraints, learning crucial financial literacy often missing from traditional education.
- Connecting Theory to Practice: When students see how theory applies to real-world scenarios, their engagement rises. Business simulations combine subjects like math, economics, and language in a collaborative setting, helping students communicate, persuade, and calculate while applying otherwise abstract concepts.
- Fostering an Entrepreneurial Mindset: Business simulations foster an entrepreneurial mindset, teaching resilience and resourcefulness. This advantage aids students in starting a business, innovating within a company, or navigating complex careers.
- Career Readiness: Business simulations offer a foundation for students interested in business careers and help those unsure of their path explore fields practically. Educators can guide students to relevant college or vocational programs.
What's needed to successfully implement simulations at high school level
Creating a successful business simulation program in high school requires collaboration between teachers, administrators, and some times even local communities. Here are a few ways to implement it effectively:
- Aligning business simulations with curriculum goals: To successfully implement business simulations, they must align with curriculum standards and goals. Schools should choose age-appropriate software that matches students' skill levels and curriculum. Platforms should support various business scenarios to meet diverse educational objectives. Linking simulations to subjects like math, economics, or social studies reinforces learning. Clear educational outcomes, such as better financial understanding or teamwork skills, guide teachers and students during exercises.
- Teacher Training and Support: Teachers are crucial for implementing business simulations in high schools. They guide students through the process, encouraging critical and creative thinking. Comprehensive training in simulation software and teaching methods is also essential for teachers to support students effectively. This training helps integrate simulations into the curriculum, creating a dynamic learning environment. Ongoing professional development keeps teachers updated on new simulation technologies and strategies.
- Creating an Engaging and Supportive Environment: Successful simulations depend on a supportive classroom where students can experiment and learn from mistakes. Encouraging risk-taking and providing feedback, like debrief sessions, helps students gain valuable insights.
- Investing in resources and technology: Implementing business simulations requires investment in software, computers, and internet. Some elements need minimal resources, while others may need additional tools. Schools can offset costs with a small budget or community grants, teaching students to manage limited resources.
- Building Partnerships with Local Businesses: Schools can partner with local businesses to offer students mentorship and support. Community partnerships may even provide resources such as supplies, guidance, and, at times, financial support, all of which can help students gain a deeper, more realistic experience.
Long-term benefits for the students
The impact of business simulations can continue beyond the participants' graduation from high school. These experiences help shape students into adaptable, knowledgeable, and prepared young adults, who walk away with skills that aren’t typically taught in traditional high school classes but are highly sought after in the workforce: critical thinking, collaboration, and working under pressure.
For schools, adding business simulations means investing in students' futures in a way that feels current and relevant. High school students equipped with these experiences enter the next phase of their lives with a clear advantage, whether they pursue college, vocational training, or jump straight into the workforce.
Business simulations have the potential to transform education, making learning hands-on and meaningful. As more schools embrace this model, they empower students to face the challenges of tomorrow with confidence and creativity. For high school educators, it’s an opportunity to make a lasting impact, shaping a generation of problem-solvers ready to adapt and succeed in any path they choose.
Our portfolio currently includes two comprehensive and engaging simulations specifically designed for use at the high school level. These simulations are crafted to provide participants with a realistic and immersive experience in the world of business, allowing them to apply theoretical knowledge in practical scenarios:
Cesim Service: This simulation gives participants practical experience in running a small service business in a competitive environment by integrating human resource management, capacity management, sales and marketing. Participants run a small family hotel in a seasonal environment with one established market and an option to expand to a new market with different demographics.
Cesim Firm: A compact version of this simulation offers high school students insights in the general management of a business. It increases the participants awareness and capability of operating a company from a general management perspective in a competitive environment, by managing a manufacturing company with international operations.
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