MBA (Master of Business Administration)

MBA Business Simulation Game BUS5054

  • Academic Session: 2023-24
  • School: Adam Smith Business School
  • Credits: 0
  • Level: Level 5 (SCQF level 11)
  • Typically Offered: Semester 2
  • Available to Visiting Students: No

Short Description

In this course students learn through doing. Students run a complex virtual company; by doing that students can re-learn and critically evaluate their own understanding of decision making and strategy. Students will play a Business Simulation Game, working in teams, supporting their development of team working and their understanding of the different roles an individual play within a team.

Timetable

6 sessions of two hours each for course induction and reflection sessions.

Excluded Courses

None

Co-requisites

The course run simultaneously with Global Economics, Strategic Management and Corporate Finance.

Assessment

This course is not credit bearing and will not include any summative assessment. The course experience will form a part of a summative assessment in Strategic Management, that will be also part of the self-reflective portfolio that runs through the whole year of the MBA.

Are reassessment opportunities available for all summative assessments? No

Reassessments are normally available for all courses, except those which contribute to the Honours classification. Where, exceptionally, reassessment on Honours courses is required to satisfy professional/accreditation requirements, only the overall course grade achieved at the first attempt will contribute to the Honours classification. For non-Honours courses, students are offered reassessment in all or any of the components of assessment if the satisfactory (threshold) grade for the overall course is not achieved at the first attempt. This is normally grade D3 for undergraduate students and grade C3 for postgraduate students. Exceptionally it may not be possible to offer reassessment of some coursework items, in which case the mark achieved at the first attempt will be counted towards the final course grade. Any such exceptions for this course are described below. 

Course Aims

This course aims to develop student understanding of the interrelated nature of business decisions both across business functions and within a competitive market. In particular it will demonstrate the difficulties arising from group decision making and the problems inherent in implementing business decisions arising from the dynamic nature of the competitive environment.

Intended Learning Outcomes of Course

By the end of this course students will be able to:

 

1. Synthesise their understanding across managerial subjects to systematically and critically appraise their decision-making process at each step of the simulation.

 

2. Assess the outcomes in respect of their effects upon the business the team is running.

 

3. Reflect critically upon their activities and decisions both as a group and as individuals and critically evaluate the effectiveness of their approach to decision making and possible alternative options.

 

4. Reflect upon the impact of the dynamic nature of interrelated functional and competitive decision making upon their performance within the simulation.

Minimum Requirement for Award of Credits

Students must submit at least 75% by weight of the components (including examinations) of the course's summative assessment.