Business Simulation
Module profile
Programme
Module no./code, Module name
Module 11 / BIS, Business Simulation
Duration
1 Semester
Frequency
jedes Semester
ECTS credits
6 Credits
Type of module
Pflichtmodul
Language(s) of instruction
Englisch
Language(s) of examination
Englisch
Study mode
- Vollzeit
Courses of the module
| Name | Course type | Credit hours | Links |
|---|---|---|---|
| Business Game | Seminaristischer Unterricht | 2 Credit hours | n/a |
| Business Plan | Seminaristischer Unterricht | 2 Credit hours | n/a |
Workload
Total workload
180 h
Attendance time
45 h
Self-study time
90 h
Exam preparation
45 h
Organisation and Exam
Module manager
Prof. Dr. Manfred Kiesel
Lecturer(s)
- Prof. Dr. Manfred Kiesel
Teaching and learning formats
Seminar
Applicability
The Module is using the knowledge of the Business Functions (Module 6 Accounting, 8 HRM, 9 Finance, 16 Marketing)
Equivalent to TWIN Program BBW Course Planspiel in Module 23 Unternehmensführung
Programme semester
3. Semester
Particular conditions for admission (to exam)
Business Simulation is a computer based Business Game; attendance over the whole course is compulsory
Multiple Choice: possible; Auxiliary material: no
Condition for award of ECTS credits
- sonstige Prüfung (Präsentation)
- sonstige Prüfung (Hausarbeit)
- sonstige Prüfung (Portfolio)
Weighting factor of module grade
Factor 1
Conditions for participation (in module)
General Business
Contents, Learning Outcomes & Literature
Module contents
Business Game:
In this course students use the basic knowledge gained in the first semesters for practical application. They discover and demonstrate:
- how to run or to start a company or a specific function of a company
- to work in diverse teams/international teams
- the importance of project management
- proper communication
- how to deal intercultural differences
- to solve tasks with computer based simulation
Business Plan:
In this course students train entrepreneurship skills in small and medium sized companies. They gain
theoretical and practical experiences in:
- the formal structure of a business plan
- cross departmental thinking
- writing a proper business paper
- finding essentials in the management summary
- discussing and communication core topics
- reacting on worst case scenarios
Learning outcomes
Level: Reproduction
The students...
- create a business plan
- define policies, infer objectives & compare results with objectives
- recall and practice decision making
Level: Knowledge an Comprehension
The Students...
- know the need for a business plan not only for Entrepreneurs but also for existing companies
- investigate the necessary elements of a business plan and gain the know how to design it
- examine the interaction between the major functions of a company like production, finance, marketing, human resources
Level: Problem Solving
The Students...
- are able to make use of the findings in topics to analyse them for practical purposes
- capture subject areas and are in a position to find solutions
- transform their theoretical knowledge into practical applications
Literature and other material
Topsim: Manual; FHWS - Papers, Cases, Slides