Gamification: Engaging Millennials in Business Courses through Business Simulations

February 21, 2017Teaching Methods, Experiential Education, Business Simulation, NewsCamille Canuto

The term gamification is a relatively recent addition to the scholarly vernacular. In fact, the first documented use of the term doesn’t appear until 2008 (Detering, Dixon, Khaled, & Nacke, 2011). While there have been a number of definitions put forward, most publications agree on a general definition being the use of game elements and … Continue reading Gamification: Engaging Millennials in Business Courses through Business Simulations →

2016 MikesBikes World Championship Competition Results

February 16, 2017NewsCamille Canuto

“The difference between a successful person and others is not a lack of strength, not a lack of will knowledge, but rather a lack of will.” -Vince Lombardi Our 2016 MikesBikes World Champions, Helen Wheels from Algonquin College secured the top position, becoming the “Best of the Best” and Bat Wheels from the University of … Continue reading 2016 MikesBikes World Championship Competition Results →

Hall of Fame Award Presented to DMACC Student

January 16, 2017NewsCamille Canuto

On the 6th of January, Robert Denson (President of Des Moines Area Community College) presented Mason G. Ohnemus with a plaque commemorating his amazing achievement making the MikesBikes Hall of Fame. Mason G. Ohnemus was able to apply theories he learnt in class to his simulated firm to achieve a Shareholder Value of $391.77. In … Continue reading Hall of Fame Award Presented to DMACC Student →

MikesBikes in an Introduction to Business Course

January 9, 2017Teaching Methods, Business Simulation, News, Case Study, PopularCamille Canuto

The article below is written by Dan Bielinski, business instructor at Madison Area Technical College. As a relatively new Business Management Instructor (in my third year) after a nearly 30 year career in industry and consulting, I have found MikesBikes Introduction an extremely helpful tool for teaching real-world business concepts. In the spirit of sharing among … Continue reading MikesBikes in an Introduction to Business Course →

Product Updates for MikesBikes Introduction and MikesBikes Advanced: December 2016

December 1, 2016Product Updates, NewsCamille Canuto

Over this year, we have made several tweaks and improvements to our simulations: 1. Product Summary / Contribution The Product Summary – Sales, Margin, Production report has been updated in order for students to identify the contribution of each product: 2. Fines System Instructors wanting to penalize firms can do so via the Firms menu … Continue reading Product Updates for MikesBikes Introduction and MikesBikes Advanced: December 2016 →

Future Proofing Your Student’s Skills

November 15, 2016Teaching Methods, Experiential Education, NewsCamille Canuto

How do you future proof your student’s skills and knowledge when nobody can be certain what jobs will be available? To give you an idea; we no longer need the bowling alley pinsetter, human alarm clocks (“Knocker-up“), ice cutters, lamplighters, or switchboard operators which technology and economic conditions has so readily replaced today. A recent study by … Continue reading Future Proofing Your Student’s Skills →

An Instructor’s Experience: From MikesBikes Critic to True Fan

November 11, 2016News, Case Study, PopularTeaching Methods, Teaching Business, Foundations of Business, Principles of Business, Experiential LearningCamille Canuto

Written by Russell E. Holmes, a business and law instructor, at Des Moines Area Community College. It All Began… A few years back my business department decided to incorporate a business simulation game into our Introduction to Business course. The college felt our introductory business course would become more acceptable as a transfer course to … Continue reading An Instructor’s Experience: From MikesBikes Critic to True Fan →

Dividends: When is the best time?

October 20, 2016NewsCamille Canuto

If you were to walk into a computer lab with students playing MikesBikes, one of the questions or topics of interest that will be discussed is ‘Dividends’. Specifically, when is the best time to pay it and is it worth it? This article, besides showing off the beautiful New Zealand landscape, will allow you to … Continue reading Dividends: When is the best time? →

Music2Go Tip: Allocating your marketing budget

October 13, 2016NewsCamille Canuto

The short answer? Yes! It absolutely does matter. Not only do people listen/watch different media to each other but each media type is engaged in differently.

How Business Simulations Solve Problems with the Modern Classroom

October 12, 2016NewsCamille Canuto

Traditional methods of teaching via pure theory have dominated the educational landscape for generations, but technological advancements have disrupted not just how we do things, but also how we process information and learn. That is, there are now significant drawbacks of traditional teaching methods negatively affecting students’ learning. Identifiable limitations of traditional/theory based education include: … Continue reading How Business Simulations Solve Problems with the Modern Classroom →