|
ECGE1329 - Firm's management - simulation game
Credits :
6
Lecturer :
Teaching assistant :
Mode of delivery :
Face-to-face , second term, 45 hours of theory.
Timetable :
Second term
Monday from 10:45 to 12:45
Thursday from 13:30 to 15:30
Language of instruction :
French
Learning outcomes :
The main objective of this course is to offer students an opportunity to manage their own enterprise in a competitive environment. Through this exercise, students can explore their knowledge of business and economics management. They can train their professional writing and conversation skills, a number of management skills such as team work, time management, negotiation and self-assessment.
Prerequisites :
 For the Bachelor : Business Engineering :
For the Bachelor in Economics and Management :
Co-requisites :
For the Bachelor : Business Engineering :
For the Bachelor in Economics and Management :
Course contents :
The Business game course/seminar is an exercise of group decision-making in management. By means of a computerized business game, the students are entrusted of a virtual company for two years and exercise all the functions of management (production, finance, marketing, HR, etc.) in realistic conditions (competition between firms in a dynamic environment). On the basis of the analysis of a initial situation characterized by a recent factory fire, the participants set their objectives and medium-term plans. Then, they make 8 decisions concerning all the functions of the company. The interaction between these decisions, those of their competitors and the economic and social situation influence the result of each firm. On the basis of these results, successive decisions are made. At the end of the simulation, the companies' progress and final situation are analyzed and evaluated.
Planned learning activities and teaching methods :
Face-to-face lectures, 1st term, The course consists of 45 hours of lectures and 15 hours of tutorial sessions.
Assessment methods and criteria :
The evaluation is founded on the quality of team's decisions, on the interactions with the stakeholders (labor unions, banks, insurance companies, board members…) and on the quality of managers' reports. Therefore, the final grade is made of:
- An evaluation of 8 decisions
- An evaluation of the quality of the interaction with the stakeholders
- An evaluation of managers' reports:
o Executive summary (end of 1st year)
o A marketing plan (if required)
o A final report that will be presented at the annual stockholder's meeting
o Potential additional reports depending on the scenario: (social reports, wind up reports, grant application forms, investment requests…)
- An evaluation of the annual report presentation
- An assessment by the peers of the annual report presentation
- An assessment by the peers of the overall managing performance
Absence to any of the teaching activities will be treated as an absence to the entire course.
In line with the rules of the University (Art. 78 of the RGEE), students will not be allowed to present this exam during the second session.
Recommended or required reading :
No recommended reading
|