Award in Concepts and Practices of Strategy and Management Practice through Business Simulation

The course is designed to provide participants with the knowledge and skills essential to deliver better written business reports. The skills to be covered include:-

• The basics of simulations – what activities are to be simulated? What is the purpose of the simulation?
• Defining the context of simulation and identifying the key parameters of the simulation
• Business Game 1 – Participation in live sophisticated business strategy game where participants run a retail store
• Business Game 2 – Participation in live fantasy financial simulation, where participants manage a factory, invent products and build an industrial empire
• Business Game 3 – Participation in live simulation where participants run a trading company, cut deals and have to outwit their competitors
• Business Game 4 – Participation in live fantasy financial simulation, where participants manage a resort and are required to set-up and grow the facilities

Hours of Total Learning for this module:

• Contact Hours: 42
• Self-Study Hours: 144
• Assessment Hours: 14
• Total Learning Hours: 200

Learning Outcomes:

At the end of the module/unit the learner will have acquired the following skills:

1. Apply the analytical and collaborative skills practiced during a simulation in a business environment.
2. Apply practical knowledge of these skills in day-to-day work situations.
3. Demonstrate competence and familiarity with the skills of management practice.

Each module will be assessed based on the following components:

1. Quality of Contributions in Forums: 30%
   • Evaluation of participation and the quality of insights shared in online discussion forums.
2. Quality of Contributions in Tutorials: 20%
   • Assessment of engagement and contributions during tutorial sessions.
3. Research-Based Assignments: 50%
   • Completion and quality of research-based assignments that demonstrate understanding and application of the course material.

Passing Criteria:

• Students must achieve an aggregate of 50% or higher across the three components to pass each module.

Scholarship Schemes for Maltese residents:

• MySkills Scheme: Malta residents are eligible for up to 80% reimbursement, capped at €5,000, subject to eligibility criteria. International students would be able to apply for the MySkills Scheme once they obtain their Student Temporary Residence Card (TRC). (For individual modules only)
• Get Qualified Scheme ( Scheme available for Maltese residents ) – 70% refund of course fee as a tax rebate