Business Simulations

Every program we offer includes business simulations to test and train students’ business thinking and decision-making skills. We use a fun online game that can be played once / twice a day for 10 minutes. There is no problem with skipping or not playing for long periods of time (unless, for example, your company has issued bonds that require daily attention to manage repayments). The online game is built on an economic model that simulates real-world behavior (from elements like wages or prices to entire supply chains). You can play this game without enrolling in the program – go to the web page SimCompanies.com and start playing. Each student is expected to write a short paper on the company’s strategy and submit company documents to show personal accomplishments.

Vocational Training or Negotiations Course?

Some students prefer to have a recognized professional training in their Master’s program, as it is expected of them in the local job market. We offer such an elective. Such a course should be at least 80 hours in length and usually involves some form of specialized training with another company. It is up to the study department to decide if we will accept such a certificate of training (or other document proving such an activity) as an Approved Pass (AP) (which appears on the diploma supplement or transcript instead of a typical evaluation). Students who do not need to have professional training on their transcript will take the Negotiations Course.