Many high schools around the world have already introduced business education in their curricula. In this framework, business simulations are an important tool to aid students in developing critical work life skills before they step out of the classroom. The hands-on approach of simulations help students learn about business by providing a practical experience, while offering school leaders and educators an innovative way to help students gain essential skills for their academic and professional success.
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Why use business simulations,
high school
A capstone course is a culminating experience that integrates the knowledge and skills acquired throughout a business program. It requires staying updated with the current and future trends in business and education, as well as designing a comprehensive and engaging syllabus. In this blog post, we will discuss how ESG (Environmental, Social, and Governance) decision-making and business simulations can be two powerful elements to enrich a capstone course.
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Educator 2.0,
Why use business simulations,
experiential training,
capstone,
ESG,
sustainability
Dr. Matt Offord, Lecturer in Technology-Enhanced Learning and Teaching at the University of Glasgow, Adam Smith Business School, discusses the use of the latest addition to Cesim's simulation portfolio, Cesim Global Challenge ESG, which incorporates environmental, social, and governance decisions as part of the core business strategy.
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Educator 2.0,
How to use business simulations,
Why use business simulations,
ESG,
Environmental,
Climate change,
Social responsibility,
Governance
During the last decades, sustainability has become a major aspect in the strategy and operations of many businesses around the world. Understood as the idea of conducting a business while avoiding a negative impact in the environment, the community and the society, sustainability has also become an essential part of business education. Using business simulations can help students incorporate sustainability in their business vocabulary, as well as support them on how to integrate this knowledge in the business life in the real world.
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Why use business simulations,
Generation Y,
Millennials,
Student engagement,
student motivation,
business simulation,
Higher education,
higher ed,
ESG,
Climate change,
sustainability
Professor Carl Voigt, Academic Director for International Business Education and Research & Professor of Clinical Management and Organization at the Marshall School of Business, University of Southern California, shares some of his background in using business simulations, and describes his experience using Cesim Firm, our General Management Business Simulation, for an MBA orientation program with over 200 participants.
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Tags:
Educator 2.0,
How to use business simulations,
Why use business simulations,
Business education,
Higher education,
MBA,
postgraduate
