The Business Simulation Blog

Let the game flow through you — or why business simulations are an outstanding educational tool

Posted by Cesim Team on Wednesday, September 26, 2018 | Reading time: 4 min.

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.

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Tags: Why use business simulations, business game, Serious Games, Generation Y, Neomillennials, Millennials, Student engagement, student motivation, business simulation, business simulation games

 

Adding a 'Human Dimension' to business simulations

Posted by Elyssebeth Leigh & Joan Lofgren on Monday, August 06, 2018 | Reading time: 3 min.

At the Mikkeli Campus of Aalto University in Finland, students in the final phase of coursework for their BScBA degree participated in CESIM Global Challenge during the spring capstone course (all will go on exchange the upcoming autumn). This course combines finance and strategy decisions with close examination of aspects of the 'human dimensions' of students' future workplaces; a combination that has been central to each iteration since its first use in 2015. At all times participants are working, in parallel, on two questions: “What are our options for achieving the best possible return to shareholders?” and “How do we establish - and maintain - effective group dynamics within our team?”

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Tags: Case study, How to use business simulations, Why use business simulations, edtech, Student engagement, Finland

 

Failing is good

Posted by Graeme Kirkup on Wednesday, June 06, 2018 | Reading time: 2 min.

What a statement! I do not like to fail and I wish that life could simply be life without failure and filled with success.

We can be so focused on not failing that we don’t aim for success, settling instead for a life of mediocrity and one without failure. But to have the pleasure of experiencing success, one has to be prepared to fail.

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Tags: Why use business simulations, Practice business theories, Corporate Training, Management Training, soft skills

 

Belgian and Hungarian students get a taste of business life with Cesim simulations

Posted by Cesim Team on Monday, May 28, 2018 | Reading time: 2 min.

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.

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Tags: simulation, Business simulations, How to use business simulations, Practice business theories, business game, simulation game, competition, simulations, Generation Y, Neomillennials, Millennials, Student engagement

 

Using business simulations in higher education from a student's point of view (video)

Posted by Cesim Team on Thursday, April 26, 2018 | Reading time: 3 min.

We recently spoke with Mikola, an International Business student from Haaga-Helia University of Applied Sciences in Helsinki, Finland. In the video below, he shares his experience with, why he enjoyed and what he learned by playing Cesim Global Challenge, our Strategy & International Business Simulation, as part of his Bachelor's degree.

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Tags: Business simulations, How to use business simulations, Why use business simulations, Serious Games, Generation Y, Neomillennials, Millennials, Student engagement, Finland

 

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