Management Simulation Capstone

BIND
2444
Credits: 3

Description

The Management Game is an applied strategic management and general management exercise where teams of students operate computer simulated companies for 3 years acting as the executive committee of a multi-national manufacturing company. Groups of students compete against each other as they try to add value to their companies. The class teaches competitive dynamics group management skills, cross-functional management, and presentation skills. The class is placed near the end of the curriculum and is intended to provide an illustration of how to apply the tools acquired in other classes in a complex international business environment. A main focus of the learning is the unstructured nature of the problem. We want to train managers to solve open-ended problems with talented people in creative ways. External boards of directors may be utilized during the class for feedback and to assess student progress. Each team is asked to engage in externally focused exercises. Some examples of these exercises include negotiating a labor agreement with real union representatives and presenting their marketing plans to practicing marketing executives. The external feedback and evaluation structure of the course makes the exercise sharply realistic. The highly unstructured nature of the class makes it invaluable for students preparing to enter the job market as leaders instead of followers.

Please note: enrollment is limited. Prerequisites include the following: (1) Completion of 18 or more total credits; (2) Completion of BACC 2401 Financial Accounting, BQOM 2401 Statistical Analysis; BFIN 2409 Financial Management 1; and BMKT 2409 Marketing Management; and (3) Completion of BSPP 2409 Strategic Management is strongly encouraged but not required.