The Business Simulation Blog

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. 

Have you ever tried explaining complex business theories to your students? If so, you'll know that it's difficult because many of the real life nuances of business decision making get lost in the process. So what do you do? Many people have found success by using active learning tools like business simulations. However, there are a few things you should know before you buy and implement business strategy games to ensure that its a roaring success in your class. This post will tell you three things: (1) what are business simulations, (2) what you need to know to make sure you select the right solution that will let you successfully illuminate various business concepts to your students, and (3) what are some business simulations for specific disciplines that you can use.