The Business Simulation Blog

Increasing MBA employability and program flexibility with business simulations

Posted by Veijo Kyösti on Wednesday, May 15, 2019 | Reading time: 1 min.

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.

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Tags: How to use business simulations, Why use business simulations, Business education, Higher education, Employability, MBA, MBAlife

 

Protecting future students from spoilers

Posted by Waqas Mir on Wednesday, May 08, 2019 | Reading time: 3 min.

Spoilers are the absolute worst. This we know. Whether it’s the friend who accidentally blurts out the ending of a great book, the film review that diligently covers every twist and turn of the storyline, or the student who shares coursework information with subsequent cohorts, spoilers can annoy and infuriate. What they take from us can never be returned: our honest, unfiltered and unprepared response to a piece of creative work. The theft of our unique, personal journey through what may often also be a shared experience. “There he is, officer. That’s the man who told me the butler did it.”

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Tags: Customization, Business simulations tips, How to use business simulations, Why use business simulations, Practice business theories, business game, Serious Games, Student engagement, student motivation, business simulation, business simulation games, Business education, Business acumen, experiential training

 

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

 

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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