The Business Simulation Blog

Failing is good

Posted by Graeme Kirkup on Wednesday, June 06, 2018

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, soft skills, Management Training, Corporate Training, Practice business theories

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

Posted by Cesim Team on Monday, May 28, 2018

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

Why Use Business Simulations in STEM Education

Posted by Cesim Finland on Tuesday, October 25, 2016


Are business simulations only meant for business students? Apart from our many business school participants, Cesim simulations are also very popular among science, technology, engineering and mathematics (STEM) educational organizations and corporations that aspire to solve the STEM education challenges by enhancing the learning experience and outcomes of their students or employees. Wonder why these institutions choose business simulations as a teaching tool? Read on to find out the simulation experience sharing of two STEM educators from Finland and France.

 

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Tags: Why use business simulations, How to use business simulations, Acquire practical business skills, Educator 2.0, Integration, Business simulations tips, Customization, Case study, Practice business theories

Team Performance, Cognitive Diversity, and Business Simulation

Posted by Zsuzsa Jakab on Friday, May 15, 2015

As we have covered in previous articles, business simulations are already a fantastic supplementary tool on their own in higher education learning. Today we talked to Associate Professor Anssi Tarkiainen at Lappeenranta University of Technology about how he is taking the use of simulations to the next level. Professor Tarkiainen has been using Cesim Global Challenge for 5 years in a capstone course for the internationally accredited (EPAS accreditation) Master’s in International Marketing Management program offered at the LUT School of Business and Management. Recently, LUT was ranked as the best young university in the Nordic countries by Times Higher Education 100 under 50 rankings.

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Tags: Educator 2.0, Acquire practical business skills, Why use business simulations, Practice business theories

10 Banking Concepts to Practice with the Cesim Bank Simulation

Posted by Zsuzsa Jakab on Friday, April 04, 2014

Cesim Bank is a browser-based bank management simulation game developed to facilitate understanding of the front and back office operations of a bank, and their interaction in a competitive environment, and to help cultivate a holistic and fact-based management culture, develop analytical skills, and create awareness about the current banking operating environment.

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Tags: Educator 2.0, Why use business simulations, Practice business theories

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