Category — Graduate School

Ink and paper is so 20th century. New MBA and undergraduate business students are accustomed to living, working, and socializing online. Because they’ve grown up on computer games it’s a logical progression for business schools to incorporate computer-based simulations into the curriculum.

Business education is catching up with simulated business models where students get to apply classroom learning to a set of real world variables. With virtual workplace scenarios and computer-based simulations, students practice choices they’ll have to make in the real world. By some estimates, more than half the business schools accredited by AACSB are using online business simulations.

What’s a Business Simulation?

The case study has long been used in business school to simulate real business situations and illicit practical responses from students. Online simulations allow students to oversee operations management of a virtual factory and network with other executives. They apply theory to a virtual workplace. The game aspect of business simulations stimulate even more competition among students. And what’s B-School without some cutthrouat competition?

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Interested in business school? Looking for a school that will further your career? Not sure where to start or apply? Want to go to one of the premier top business schools in the world? Here’s a sampling of 10 of the best business schools around, both public and private, from around the United States.

Harvard Business School — Harvard University | Cambridge, Mass.
Choose from an MBA along with PhD programs in areas such as Accounting and Management, Health Policy Management, Marketing, Organizational Behavior, Technology and Operations Management and more. Learn more at http://www.hbs.edu.

Wharton School — University of Pennsylvania | Philadelphia, Penn.
Choose from a standard MBA or an Executive MBA. Wharton also offers an MBA/MA program in Global Business with advanced language training. Learn more at http://mba.wharton.upenn.edu/mba.

Chicago Graduate School of Business — University of Chicago | Chicago, Ill.
Choose from a full-time MBA, night and weekend MBA, or an Executive MBA. Chicago Graduate School of Business also offers a PhD program along with executive education and the Summer Business Scholars Program. Learn more at http://www.chicagogsb.edu.

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