John Kraft, Susan Cameron Chair of International Business, Warrington College of Business, University of Florida, and Visiting faculty at Aalto University Mikkeli Campus, shares his experience with using business simulations and provides advice for new and existing adopters.
Tags: Educator 2.0, How to use business simulations, Why use business simulations, Student engagement, student motivation, business simulation, business simulation games, Business education, Higher education, education technology, ed tech, higher ed, capstone
Cesim Global Challenge, our strategy and international business simulation, has been used since 2015 during the capstone course of the International Business BScBA degree program a Aalto University Mikkeli Campus. By using our simulation, students can apply the different business concepts they have learned during their studies, and practice critical business skills. In the video below, you can learn firsthand from both educators and students of the program about the experience of using a Cesim Business Simulation in this course:
Tags: How to use business simulations, Why use business simulations, simulation game, simulations, Serious Games, Student engagement, business simulation, business simulation games, motivation, Business education, Higher education, Business acumen, Educador 2.0, education technology, ed tech, higher ed
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
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.”
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
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?”
Tags: Case study, How to use business simulations, Why use business simulations, edtech, Student engagement, Finland
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