The Business Simulation Blog

The terms business simulations, serious games and experiential learning tools are sometimes used interchangeably by educators and even the developers themselves. An understandable hiccup considering the similarities, but when attempting to discern which methodology is the right choice for your course, it's important that you know the differences between them as well.

If you are wondering whether business simulations are the right tool to educate your students with, then take a few minutes of your day and read on.

Have you ever tried to introduce your students to a business simulation based course for the first time? If so, you'll know that it can be difficult because participants may not be familiar with the medium or are just too eager to jump into the decision making part without paying proper attention to the overall goal of the exercise. So what do you do?

London Business School (LBS) is an international business school and a constituent college of the federal University of London, located in central London, England, United Kingdom, beside Regent's Park. LBS teaches postgraduate programmes in finance and management, in addition to its flagship Master of Business Administration (MBA and EMBA) programme. It also offers the Sloan Fellowship Programme for experienced business executives, a Masters in Finance (also known as MiF, a finance specialist programme), a Masters in Management for students with less than a year's work experience, a PhD, as well as non-masters programmes for business executives.

What an amazing start to the new year! Only two months into 2013 and we have already conducted several very successful simulation training webinars aimed at our new instructors, added London Business School and the Higher Colleges of Technology to our list of customers, and participated in the Winter Marketing Educators' Conference in Las Vegas, NV.