Simventure - running a virtual business

The EMS department has invested in some new software called Simventure. Introducing Simventure to Grade 8 and Grade 9 students during their EMS course is intended to provide the boys with a valuable learning experience as they are able to transfer the knowledge and experience gained by using the Simventure software.

Simventure is a Strategy Game that teaches Business, Entrepreneurship and Employability Skills

"Designed to be highly engaging, SimVenture appeals to students with a range of learning styles. Its versatility means that it can be used in a variety of ways beyond the challenge of simply running the simulation;

In classrooms around the globe, students are being engaged in activities which; allow them to run their own virtual business require them to make decisions, take risks and deal with failure stimulate teamwork and discussion incorporate role play, reflection, presentations and reports explore business strategies demonstrate theory promote financial awareness encourage data analysis support more traditional approaches to learning SimVenture provides an excellent context around which learners can use and apply skills and concepts in a practical, dynamic, problem solving environment. Working in simulated monthly cycles users make decisions in all areas of business and receive feedback to see the consequences of their actions. Within the four key business areas (Organisation; Sales & Marketing; Finance; and Operations) any number of decisions can be made each month. The challenge is to generate enquiries, sales and orders and build a successful company." http://simventure.co.uk/the-product/overview