Cesim Bank is a browser-based bank management simulation game developed to facilitate understanding of the front and back office operations of a bank, and their interaction in a competitive environment, and to help cultivate a holistic and fact-based management culture, develop analytical skills, and create awareness about the current banking operating environment.
Tags: Educator 2.0, Why use business simulations, Practice business theories
The flipped classroom is a term used to describe a reversed format in which students engage with pre-recorded video or audio materials in their own time prior to meeting face to face in more hands-on, workshop type lectures. Because of their independently playable nature, business simulations integrate really well with this increasingly popular classroom structure.
Tags: Educator 2.0, Why use business simulations
Generally speaking, we don’t like to give too many recommendations about grading, since it is quite dependent on the specifics of your course. However, we have picked up a few best practices over the years that might be useful, so we would like to take this opportunity to share them with you. At the end of the article, you'll also find an example of how one of our clients graded their students at the end of their business simulation based courses.
Tags: Educator 2.0, Grading, How to use business simulations
Jukka Laitamäki (Clinical Professor of Preston Robert Tisch Center for Hospitality, Tourism and Sports Management, NYU) shares his experiences using the Cesim Hospitality Hotel and Restaurant Management Simulation Game in a total of six different courses, including Business Development for Seniors (Undergraduate), and Strategy Formulation and Decision-Making (Graduate).
Tags: Educator 2.0, Case study, How to use business simulations
In the past twenty years, numerous publications and pedagogical studies have presented several breakdowns about why simulations ought to be put to use in business school classrooms.
Tags: Educator 2.0, Why use business simulations
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