Award in Practical Applications of Business Simulation

This module focus on the practical applications of business simulation games and identify various strategies and tactics for businesses.

The basics of simulations:

what activities are to be simulated?

What is the purpose of the simulation?

Business Game:

Participation in a live sophisticated multi player web-based business strategy game where participants set up and grow their entrepreneurial business.

Hours of Total Learning for this module:

• Contact Hours: 21
• Self-Study Hours: 72
• Assessment Hours: 7
• Total Learning Hours: 100

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 the skills in day-to-day work situations.
3. Demonstrate competence and familiarity with the skills of management practice
4. Use critical thinking skills and analytical skills in problem solving.
5. Examine real world business scenarios with the discipline and rigor demonstrated when dealing with the business simulations

Each module will be assessed based on the following components:

1. Quality of Contributions in Forums: 20%
   • 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. Assignment/Case Study: 60%
   • Completion and quality of 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