Running a business – virtually

21 JUNE 2012

It’s game on for more than 560 regional high school students as they pit their business skills against each other in a virtual competition run by CSU.

It’s game on for more than 560 regional high school students as they pit their business skills against each other in a virtual competition run by Charles Sturt University (CSU).
 
The University’s Faculty of Business is behind the online business simulation for high schools in Albury-Wodonga, central west NSW, Port Macquarie and the Riverina.
 
Dr Abhishek Dwivedi, Lecturer in CSU’s School of Management and Marketing said, “The simulation is largely based on the Stage 6 Business Studies Syllabus in NSW.
 
“The Year 10 and 11 students at 29 regional schools are divided into 193 teams. In running their virtual business, they need to make decisions on human resources, marketing, operations and finance in each of the competition’s eight rounds.
 
“These decisions are then processed through the simulation.
 
“The Faculty of Business is funding the competition through an external simulation provider. We plan to award a prize to the overall winning team as well ones for the best performing schools in each of the four participating regions.
 
“Since the successful launch at Port Macquarie High School on Monday 2 April, interest in CSU Business – Game On has exceeded our wildest forecasts.
 
“The schools involved range in size from Kooringal High School in Wagga Wagga with 15 teams and 48 students to West Wyalong High School with a single team made up of three students.”
 
CSU Business – Game On finishes on Friday 7 September.

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Albury-Wodonga Bathurst Port Macquarie Wagga Wagga Charles Sturt University