management games for mba students in classroom

joel.francis.7351

Par 100 posts (V.I.P)
Hi, I am looking for some information on management games and other simulations for MBA students in a business school.

Please suggest some games that can be used as part of finance club, marketing club, strategy club etc activities for MBA students.



I'm already aware of games like these :

Business Competition



Assign the students to groups and give them each a business type to manage. This type should be something in the lines of manufacturing, distribution, finance, agriculture and so on; any type of business that will work off other businesses is perfect. Give each business a set amount of mock money and a set period of time in which they are tasked to make a make-believe profit from that money. They then have to work with other businesses in the class to mutually beneficial profiting to complete the project. This will help the students get a handle on the actual act of doing business with others.


Monopoly



A classic board game that is based around money and property management, Monopoly can be adapted to an MBA setting by giving students a certain amount of money and tasking them with making a profit in a short period of time. This game is not only easy to play but can help teach students valuable lessons about conservative spending and property management. Even though it is an old board game, it still has valuable lessons to teach.


Capitalism II



Capitalism II is a business-simulation game in which players are able to take control of a company as the CEO in fields such as agriculture, media, retail, industry, mining, real estate, advertising, human resources, forestry and development. Students can play this game on a computer and be tasked with turning a profit by managing the business to the best of their abilities. Capitalism is very intricate and requires a lot of management, so this is a perfect game for higher-level business students.


Informatist



The Informatist is another computer-simulation game in which the player takes control of one of 16 different business types, over 80 products and 35 real estate options as well as countless employees to monitor and manage. Students are tasked with managing their expenses while keeping employees happy and turning a profit in a set period of time. This is a perfect game for teaching students the ins and outs of the more intricate business matters.
I'm looking for management games that are new and engaging. For example the game mentioned here : http://blogs.ft.com/mba-blog/2011/03/18/innovative-games-in-the-classroom/

Look forward to your suggestions.
 
Last edited by a moderator:

joel.francis.7351

Par 100 posts (V.I.P)
I've found some books that help you with very interesting management games ideas <br>
<br>
<a href="http://www.amazon.in/gp/product/8174467912/ref=as_li_tl?ie=UTF8&camp=3626&creative=24790&creativeASIN=8174467912&linkCode=as2&tag=management048-21&linkId=TCWVZJDU7JNY4QYH">HRD Trainer's Handbook of Management Games</a><img src="http://ir-in.amazon-adsystem.com/e/ir?t=management048-21&l=as2&o=31&a=8174467912" alt="" style="border:none !important; margin:0px !important;" border="0" height="1" width="1"><br>
<br>
<a href="http://www.amazon.in/gp/product/0140093273/ref=as_li_tl?ie=UTF8&camp=3626&creative=24790&creativeASIN=0140093273&linkCode=as2&tag=management048-21&linkId=KC6OOBQCG2TBFNN7">The Management Game</a><img src="http://ir-in.amazon-adsystem.com/e/ir?t=management048-21&l=as2&o=31&a=0140093273" alt="" style="border:none !important; margin:0px !important;" border="0" height="1" width="1"><br>
<br>
<a href="http://www.amazon.in/gp/product/1258718596/ref=as_li_tl?ie=UTF8&camp=3626&creative=24790&creativeASIN=1258718596&linkCode=as2&tag=management048-21&linkId=4YXIA6L7PC4X4SXJ">Management Games: A New Technique for Executive Development</a><img src="http://ir-in.amazon-adsystem.com/e/ir?t=management048-21&l=as2&o=31&a=1258718596" alt="" style="border:none !important; margin:0px !important;" border="0" height="1" width="1">
 

joel.francis.7351

Par 100 posts (V.I.P)
I just found out some "top management games for mba students"

The below 3 are the best online management simulation games for business students.

1.) Forio - $ 150/ per seat

2.) Capsim - $50 per student

3.) BSG Online - $50 per student

There's always games like tycoon games or MMOG, however those are not best suited for MBA students audience.
 

Himanshi Agarwal

Well-known member
Management Games from MBA Crystal Ball
MBA Crystal Ball offers a couple of free business management simulators that are being used by management colleges in the United States, UK, Singapore and India to train management students at the Bachelors and Masters level.

They were originally designed for visitors of our website who’d like to get a taste of the resources and tools that MBA students get to work with in class. We kept them simple to reduce the learning curve, so users without an academic background in management subjects could appreciate the theory behind it.
 
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