The Business Simulation Blog

Let the game flow through you — or why business simulations are an outstanding educational tool

Posted by Cesim Team on Wednesday, September 26, 2018

Time flies when you're having fun.
Business education and corporate training is aimed mostly at adult learners who already have knowledge and experience in the field they wish to improve. They are usually very eager to apply and test their learning in a real-life scenario. If you also consider that business simulations allow their participants to apply several business concepts concurrently, so that they get a holistic understanding of the business decision-making process, then it becomes obvious why business simulations are an ideal tool for adult business education.

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Tags: Why use business simulations, business game, Serious Games, Generation Y, Neomillennials, Millennials, Student engagement, student motivation, business simulation, business simulation games

Adding a 'Human Dimension' to business simulations

Posted by Elyssebeth Leigh & Joan Lofgren on Monday, August 06, 2018

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

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

Posted by Cesim Team on Thursday, April 26, 2018

We recently spoke with Mikola Stewart, 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

The Learning Equation - Business Simulation Games in Active Learning

Posted by Zsuzsa Jakab on Thursday, December 15, 2011

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.

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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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