Sakarya University Business School is implementing an important move in line with its goal of offering world-class educational opportunities to its students. Under the sponsorship of the Faculty Advisory Board, an agreement was reached for a new cooperation with the Finnish-based firm Cesim, the world's leading developer of Business and Strategy Simulations. Cesim is a well-known education technology company with its web-based online simulations. Sakarya University is now included in Cesim'list of more than 500 academic services, including the best universities in
the world.
Business and Strategy Simulations, which are a tool to transform the theoretical education offered in higher education institutions into practice, make them even more ready for the real dynamics of business life by improving students' skills such as holistic thinking, business intelligence, strategic decision making and analytical perspective with experiential learning methods.
In the simulation game, which will be played on a digital platform within the scope of distance education, students will compete with each other in teams. This application, where each team will manage their own virtual companies, will be played in the form of consecutive financial years. After the teams submit the decisions they have taken regarding all functions of the business they manage to the system, analysis sessions will be held at the end of each fiscal year, where company performances are evaluated.
The technology of simulation, which allows all participants in a team to make their own individual decisions, will enable students in the same team to first present their own perspectives and then to agree on a common decision set as a team. With the platform reporting system, it also includes the ability to compare all results on the basis of teams and to reconstruct strategies for the next fiscal years.
At the end of this program, in which 30 students were included for five weeks in the first section, a certificate of participation will be given to the students by the company, and it will be documented that they have passed this worldwide and reputable educational process.
