Course overview and purpose:
Business simulations place students right in the mix of realistic business scenarios where they must apply concepts and frameworks, be responsible for their tasks and form their entrepreneurship skills. In a “simulated enterprise”, all processes and transactions are based on realistic company activities and the company is structured in classic departments: human resources, administrative office, marketing, logistics, accounting etc.
The programme is a collaborative experience for practice in virtual enterprises based on the scenario following the adoption of digital technology to transform an existing business. Students will face the challenges of business digital transformation and will learn from their peers in another country.
The activity will take place during a real physical mobility and it involves students from at least two countries. Students will be interviewed online one-by-one before arrival to simulate selection and recruitment.
The ice-breaking sessions are led by English language facilitators (groups of maximum 15 students each). Students will get to know the real-life international business experience and learn and improve important skills such as language and communication skills, intercultural competences and various soft skills which are helpful in finding one’s own path and increase the employability.
Once fully inducted, students will be assigned to various departments and run their company themselves. Each company engages in international business activities, carries out market research, places advertisements, buys raw materials and stock, plans logistics, manufactures simulated goods, sells simulated goods or services and pays wages, taxes, benefits, etc and is critically engaged in a digital technology change. The setting provides a way for students to learn practically through the ‘learning-by-doing’ methodology, to acquire useful digital transformation skills, to get into the entrepreneurial mindset and to present information to their peers.
Most simulated businesses can visit at least one mentor company that comes from the real business world, where they can receive advice and ideas about how a business is run.
The activity will not take place in a hosting schools in order to guarantee the flexibility required by the content and quality of the programme.
Groups of pupils
No specific requirements