A simulation can be defined as a model of reality reflecting some or all of its properties and Simulation-based learning is a learning model that provides learners with an experience of working on an usually simplified simulated world or system. This approach of learning has been widely adopted across Business education, Medical Education, Military trainings, etc.
Key aspects of simulation-based learning in business education which enhance learning are
Providing feedback to the students,
Repetitive practice leading to skill improvement,
Curriculum integration of simulation-based learning,
Practicing with range of difficulty levels (usually increasing),
Multiple learning strategies and not just teacher-centered approach,
Controlled environment where there is no negative consequences of an error,
Active individualized learning,
Clearly defined and measured outcomes,
Simventureby Bizwiz is an Award Winner simulation based learning revolutionary programs for Entrepreneurship, Business Management, Operations, Marketing, Finance, Sales etc.,
It allows the user to learn in an active, authentic and engaging way. Itis now used throughout the world in prestigious universities likeIIM Indore, IIMK, IIM Raipur, IIT Mumbai, EDI Ahmedabad, Cambridge University, the University of Edinburgh,Fore School of Management University of Texas, California Polytechnic University, Pearl academy, EDI among others.
Followings are the features of the Simventure:
Breadth of content-:Covering all key areas of business, the interconnected nature of running a company is well modelled.
Intuitive interface: Ease of navigation and user-friendly controls generate efficient and focused learning
Sophisticated modelling-:Dynamic markets and complex algorithms challenge users to analyse, think and act.
Turnkey solution: No downloads. No compatibility issues. No hassle. So you can focus on getting great results.
Structured task: Simply select from a broad range of pre-built activities. Assign them to groups or individuals. Let the learning emerge.
Versatile resources: Create tasks, set challenges and watch them go. Engaging and deep learning activities spark and fire the curious mind
Tried and tested: Quality comes from experience. Working with education partners and corporate clients we're building on years of success.
Fully supported: We've incorporated context sensitive guidance and extensive support. So you don't need to be an expert, unless you want to be.
Head to head: Some people are a little competitive! So is business. So is our simulation.
“I have already started implementing the ideas as far as my job & personal life is concerned by making four goals & I would like to mention here that I have so far achieved Rs. 1,000 Mil. costsaving in one of my goal of material cost reduction.”
Mr. Vivek C. Mahajan,
“My time management skills improved. I saved a total of 70 Minutes/day (30 minutes from professional life and 40 from personal life and utilizing the same for creative planning and self-development. Long pending things got started and procrastination under control. My public speaking skills improved through this programme. I had ...
Mr. V.B. Pillai,
Mazagon Dock Limited
“ EPP program of LMI has been very effective for me in respect of realizing the Value of Time, Concentrating on High Pay Off Activities and Delegation. Precisely it has helped me to crystalize my focus to go “National”. Being a Major Regional player so far, now with a single ...
Mr. Rajesh Bhutoria,
Director of Viscom Security (P) Ltd.
“I was a good experience as we learned many new aspects in the simulations which should be considered while setting up a new venture.” Emailfirstname.lastname@example.org
The EPP program is definitely very different and has brought about amazing results. The best part was that it touched upon all aspects of life and has helped bring more meaning and quality to my life. It helps you discover yourself, crystallize your thinking to understand what exactly you want ...
Country Manager – Customer Support & Services, Tata Infotech
We have found the training beneficial to increase our productivity and overall change in positive attitude of our employees. Although we have derived many benefits, I would like to name few of them as under: To speed-up development programme of our new products. Effective commissioning of our new products and ...