– Practical: All the management books, the case studies and exams scores mean little if you can’t put them to practice. There are several advantages of including simulation games in the MBA learning curriculum. The common approach is to form study groups and give each group access to the software which allows them to run through the simulations independently or compete with each other.Īdvantages of business simulation software One of the best takeaways from a top-tier MBA is getting access to some really well-designed simulation and strategy games like Capsim Capstone and BSG Online. The idea is to take real world problems in various professional spheres (finance, supply chain, human resources, marketing, product development etc), build models depicting various scenarios / challenges and allow folks to test their own skills. You don’t need to be a pilot to try it out, but you can get a pretty good idea of the complexity that’s involved in flying a plane.īusiness management simulation games take the same concept and adapt it to the management world. Microsoft’s hugely popular flight simulator is a good example. Simulation games are also quite popular, albeit in a non-business environment. Consider the software testing where various scenarios are simulated to see how the software package would behave. What are business management simulation games?īreaking up the terminology, most professionals are aware of what ‘simulation’ means and many use them in their day-to-day jobs as well. It’s a fun and practical way to learn about topics that are traditionally thought to be dry and boring. Many top companies use them to train their future leaders in management concepts. Most of the top business schools use management games for MBA students in their classrooms. If you are a professional and if you haven’t heard about business simulation games, this article is a must-read for you.
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