The Business Simulator – An Essential Tool for Developing Managerial Competencies to Students in Economics

This study aims to analyse a project (POSDRU/90/2.1/S/63442) developed by four Romanian universities and financed by the European Social Fund from the perspective of developing managerial competencies to students in Economics. The main objective of the project is to prepare the transition of 3840 st...

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Veröffentlicht in:Revista de Management Comparat International 2013-05, Vol.14 (2), p.222-228
Hauptverfasser: Cercel, Mihai, Paraschiv, Dorel Mihai, Tartavulea, Ramona
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creator Cercel, Mihai
Paraschiv, Dorel Mihai
Tartavulea, Ramona
description This study aims to analyse a project (POSDRU/90/2.1/S/63442) developed by four Romanian universities and financed by the European Social Fund from the perspective of developing managerial competencies to students in Economics. The main objective of the project is to prepare the transition of 3840 students from school to active life through the creation of an integrated inter-regional network of simulated virtual companies. A secondary outcome is that the project is seen also as a business modelling process in which students are familiarized with the requests of different positions in a company and better understand their compatibility. The simulated company permits to test different business decisions, by applying them into a computer simulated environment and learning by interpreting the results. The results are encouraging and we intend to use this tool extensively within the educational process of students in Economics.
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subjects Business Economy / Management
Colleges & universities
Computer simulation
Decision making
Distance learning
e-learning
Economic development
Economics
Education
Employees
Higher Education
Human Resources in Economy
Labor market
Learning
managerial competencies
Professional development
simulated business environment
Simulation
simulation software
Software
Students
Studies
title The Business Simulator – An Essential Tool for Developing Managerial Competencies to Students in Economics
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