Best Practice of Using Digital Business Simulation Games in Business Education

Abstract

Information technologies play an important role in designing new ways of teaching, and, at the same time, the globalization of the business world affects the quality of human capital that the corporate sector requires. Apart from theoretical business understanding, multidisciplinary knowledge is also needed. Business simulation games belong among suitable educational tools, which are able to respond to contemporary business requirements and the requirements of students. Business simulation games provide a useful tool for experiential learning by university students studying business programs. For the effective development of students’ competencies in economic and managerial fields of study, it is necessary to apply appropriate steps in the implementation of simulation games and to understand the experience of students in the use of games in the teaching process. For that purpose, best practice for business simulation games has been determined. This introduced best practice includes description of the benefits from realized simulation games, from the lecturer point of view. A realized survey focused on the main benefits considered by students who completed the subject Managerial Simulation Game. The students’ approach to the implemented simulation games was gradually monitored over the course of five academic years. Research samples contain 148 students from the first year of a master’s study program. Our survey showed that the subject is more beneficial for students for their further study than for their future professions. At the same time, the vast majority of students perceive simulation games as a useful and interesting way to verify the dependencies between economic variables. To strengthen analytical skills, it is necessary to introduce tasks that support working with economic data through simulation games. The novelty of the paper consists of mapping the benefits from the implemented simulation games for the student’s own person, categorizing the identified benefits into six groups with the same characteristics, and, at the same time, implementing the research for students attending private and public schools.

Business Simulation Games for the Development of Intrinsic Motivation-Boosting Sustainability: Systematic Review

“…The Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) criteria were followed when conducting this systematic review [30,31]. The PRISMAsupported criteria guarantee that each of the listed articles has undergone a careful review process.…”

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Aprendizaje Experiencial Basado en Simuladores de Negocios sobre la Satisfacción y el Desempeño Académico

“…Las investigaciones realizadas por Buil et al (2018), Peterková et al (2022) refuerzan la eficacia de la simulación en juegos de negocio. Este enfoque, practicado a lo largo de los años, impacta positivamente en el rendimiento académico y la satisfacción estudiantil.…”

From classrooms to cyberspace: Understanding pedagogical approaches and outcomes in Metaverse learning environments

“…(5) Best practice of using digital business simulation games in business education (Peterková et al, 2022) This study offers guidance on maximizing the educational benefits of digital business simulation games in business education. Through an analysis of literature and empirical studies, the article identifies effective strategies for integrating these games into curriculum design and delivery, emphasizing their role in enhancing student engagement, critical thinking skills, and practical application of business concepts.…”