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A capstone course, also known as a synthesis and capstone project, senior synthesis, among other terms, is a project that serves as the culminating and usually integrative praxis experience of an educational program mostly found in American-style pedagogy.
The team gathered data from eight MBA programs across the United States that used Marketplace Simulations in their class. The final study included 823 participants, representing 179 MBA teams. After the fourth decision round in the simulation, students were told to create a detailed business plan for the remaining four decision rounds.
The JD/MBA program is the only Tepper School joint degree taught partially outside of Carnegie Mellon. MBA students also have a Capstone project, which is like a culmination of all the students work at Tepper. It is akin to a final year project where the students work with various firms on real world problems.
In business, training simulation [aka Simulation Training] is a virtual medium through which various types of skills can be acquired. [1] Training simulations can be used in a variety of genres; however they are most commonly [2] used in corporate situations to improve business awareness and management skills. They are also common in academic ...
A simulation game is "a game that contains a mixture of skill, chance, and strategy to simulate an aspect of reality, such as a stock exchange".Similarly, Finnish author Virpi Ruohomäki states that "a simulation game combines the features of a game (competition, cooperation, rules, participants, roles) with those of a simulation (incorporation of critical features of reality).
Markstrat is a multiplayer business market simulation game developed by Jean-Claude Larréché and Professor Hubert Gatignon in which players take control of a virtual corporation. [1] Players make a number of decisions in marketing, finance, research and development, and other areas in order to achieve a better performance than competing ...
An instructional simulation, also called an educational simulation, is a simulation of some type of reality (system or environment) but which also includes instructional elements that help a learner explore, navigate or obtain more information about that system or environment that cannot generally be acquired from mere experimentation.
The students of PGP, PGP-BL and FPM programmes are required to reside on campus. Residential facilities in the campus include 13 student hostels and faculty guest houses. Roobaroo is a cultural event conducted every year during the induction of the new batch to acclimate students with IIMK culture and to build a good on-campus community. [54]