The second quarter Hall of Fame update is now up in our website. We have a number of new entrants for this quarter and one of them being, “Evil Geniuses” with Mohammad Sohaib, Shehzad, Sifat Khan, Kajol Rai and Sony Tamang from King’s Own Institute who landed at third place in the 2019/2020 Hall of … Continue reading Interview with the Latest Hall of Fame Entrant from King’s Own Institute
Winning the MikesBikes Business Simulation requires your management team to develop a long-term strategy. As in real life, if you bounce around with your decisions you will incur extra costs without additional benefits. In the section on the Strategic Management Process, we outline the process of developing and implementing strategy. In the 1980’s, Michael Porter … Continue reading How to Develop Strategy in MikesBikes
I wanted to take this opportunity to let you know that everyone in the Smartsims team is healthy and safe. We have been and will continue to follow all recommended government and professional guidelines to keep things that way. Our simulations, servers and networks remain unaffected. The impact of COVD-19 will require many of you … Continue reading COVID-19: Update from Smartsims Business Simulations
Mila Lee also known as Da Li (pictured on the right) competed against the best teams from around the globe and have achieved a Shareholder Value of $136.18. To wrap up the 2019 MikesBikes World Champs, we have interviewed Mila and ask her about their experience in the competition and what she thought about the … Continue reading 2019 MikesBikes World Champs Winner: Mila Lee from University of Auckland
163 students from around the globe, 97 firms and two weeks of intense competition – we now have the Winner of the 2019 MikesBikes World Champs. The 2019 MikesBikes World Champs Winner is Mila Lee from University of Auckland! We are proud to announce that Mila Lee of PedalPals from University of Auckland is the … Continue reading The 2019 MikesBikes World Champs | Final Results
We now have the list of participants for the Final Rounds of the 2019 MikesBikes World Champs! These teams and solo competitors will be competing from the 12th until the 19th of December. As in the Qualifying round, Final ranks will be based on Shareholder Value. The winners will also be featured on the Smartsims’ … Continue reading Meet the Finalists for the 2019 MikesBikes World Champs
We now have the final list of Qualifying Round competitors for the 2019 MikesBikes World Champs! These teams and solo competitors will be competing from the 8th until the 11th of December in the Qualifying Rounds to land a spot in the Top 10 for the Final Rounds! Keep an eye on their progress here … Continue reading Meet the 2019 MikesBikes World Champs Qualifying Round Competitors
The following are a selection academic papers featuring our MikesBikes Introduction to Business Simulation and MikesBikes Advanced Strategic Management Simulation. Using Assessment To Measure The Effectiveness of a Financial Simulation Abstract: This study examines how useful a financial simulation is at reinforcing financial learning goals as measured by an assessment. Programs within many College of … Continue reading Smartsims Business Simulations in Select Journal Articles & Conferences
The [MikesBikes] business simulation does a superb job of teaching students to link concepts with experience and motivating them toward their future studies in business. COLBY, A., EHRLICH, T., SULLIVAN, W. & DOLLE, J. (2011) RETHINKING UNDERGRADUATE BUSINESS EDUCATION: LIBERAL LEARNING FOR THE PROFESSION Rethinking Undergraduate Business Education: Liberal Learning for the Profession Textbook What … Continue reading MIKESBIKES BUSINESS SIMULATION IN “RETHINKING UNDERGRADUATE BUSINESS EDUCATION”
You can sell your shareholding in a company at any time. The sale price is based on the Share Price of the subsidiary at the end of the period in which you choose to sell. The financial decisions you make for your subsidiary during the sale period will be ignored. Any loans outstanding when you … Continue reading Takeovers: Selling Your Subsidiary | MikesBikes Advanced Business Simulation