MBA education globally is revalidating itself. The Graduate Management Admission Council (GMAC) reported stable demand for MBA application volumes in their October 2018 study, but there are significant differences between programs. Biggest declines are seen in the traditional 2 year programs whereas programs that have added topical concentrations and flexibility with online modules have gained double-digit growth.
Tags: How to use business simulations, Why use business simulations, Business education, Higher education, Employability, MBA, MBAlife
As an educator looking for a boost in student engagement you might be thinking about implementing a business simulation in your course. Consequently you wonder if/how you can utilize your existing materials and integrate those with the simulation to provide a full learning experience for your students. If you have gotten this far you are on the right track. Namely, a simulation is a way to put theory into practice and if there is no theory, the simulation can become a game-play only.
Tags: Acquire practical business skills, Why use business simulations, Serious Games, Executive Management Education, business simulation games, Business education, Higher education, Business acumen, experiential training
Business simulations are an excellent tool for educators to capture the attention of their students and improve their hands-on business skills. However, many still believe that business simulation games are more trouble than they are worth, and have a number of inherent problems associated with them.
Tags: Educator 2.0, What are business simulations?, Why use business simulations, Business education, Higher education
Passive learning is a thing of the past. Going forward, educators everywhere will need to understand and respond to the changing requirements of students, as well as governmental bodies that expect a significant improvement in the factor of employability upon graduation. Active-learning formats help educators achieve that, by providing a much more stimulating learning environment to students to compliment and practice their theoretical business knowledge.
Tags: Educator 2.0, What are business simulations?, Why use business simulations, Student engagement, student motivation, business simulation games, Business education, Higher education, Employability
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