Online University Adopts Business Simulator for MBA Students
Northcentral University (NCU), a fully online graduate school, has adopted a new business simulation tool for the capstone courses of all its MBA programs and specializations.
Beginning in January, Northcentral U students will have access to Capsim, a tool designed to simulate business environments for students to practice and demonstrate their skills.
"Effective MBA programs don't just teach business theory, they instill in their graduates the ability to understand and solve complex, global, business challenges," said Peter Bemski, dean of the School of Business and Technology Management, in a prepared statement. "Capsim provides a simulation of the real business world where NCU students demonstrate their ability to solve real business issues based on all previous course work across marketing, finance and production, as well as demonstrating their ability to think critically and work collaboratively — all the skills in high demand by business employers."
"Capsim challenges students to apply their business skills and knowledge while experiencing an opportunity to see first-hand the cross functional impacts of business decisions," said Capsim Vice President and General Manager Reda Chafai, in a news release. "It allows students to respond to changing market conditions while creating and revising product lines, choosing their marketing tactics, managing production, and raising capital."
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