Business Simulation at GL Bajaj Institute of Management and Research. PGDM Institute, Greater Noida

Business Simulation at GL Bajaj Institute of Management and Research. PGDM Institute, Greater Noida

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  • April 30, 2022
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Business Simulation at GL Bajaj Institute of Management and Research. PGDM Institute, Greater Noida

GL Bajaj Institute of Management and Research. PGDM Institute, Greater Noida organized “Business Simulation Certification Course” at GLBIMR, Greater Noida campus on April 26-27, 2022 for PGDM Batch 2021-23.

This Business Simulation course is certified by LMI (US) and was organized in association with BIZWIZ Learning. This simulation has been used by IITs, IIMs and other leading universities. The resource person of the FDP was Mr. Rahul Jain, Director, BIZWIZ Learning, a MDI Alumni and Mentor to IIM Ahmedabad, CIIE, authored multiple eBooks.

The simulation course was aimed to provide a big picture view of business operations, and students were able to grasp a wide range of concepts and materials in a short period of time. Simulations also gave students the experience they need to quickly analyze information and make tough calls—all from the safety of the classroom. They also got immediate feedback on their decisions, which promoted learning and build student confidence in line with the New Education Policy-2020.

This course was attended by PGDM Batch 2021-23 and offered students the opportunity to learn about, and engage in, a competitive business environment via the SIM Venture business simulator. All the students had hands-on training on simulation software which enhanced their understanding for application of business management concepts. This simulation provides the platform to apply basic principles of business management in various areas like strategy, marketing, operations , human resource and finance and learn about decision making, time management and resource utilization to achieve strategic goals with profitability in real-life based scenarios.

All the participants worked on the simulation business game enthusiastically with a high level of engagement and shared their learning with team-mates during their presentation to all participants.

For details about the simulation, visit the link.

https://bizwizlearning.com/institutions.html