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Business simulations are no longer a training methodology exclusive to universities, colleges and companies. Praxis MMT has been working for several years in delivering specific tools that satisfy the needs of secondary education teachers.
MMT Simulations can be used in high school courses and vocational programs to bring the world of business closer to the classroom. Now students can apply basic business and management concepts in class, living a management experience for the first time.
Participants experience market behavior, business strategies, managerial decision making, organizational aspects, financial statement analysis and several other business aspects in a highly motivating activity that enhances economy and business courses.
On April 19, a new edition of the Global Marketing Competition will be launched. Figures talk. Last year this competition gathered over 16,000 participants from three continents, making it the most important business game in the world.
This year, the competition will be even more exciting, since participants will have to face different levels of complexity at different stages of the competition.
For the eighth and the quarter finals the MMT82 will be used, a new release featuring over 500 decisions per simulated year.
For those qualifying for the semifinals and the final a more demanding simulation will be waiting, the MMT84. This simulation allows up to 1,094 decision to be made per simulated year, making it the perfect experiential learning tool and a really serious business.
The Center for Graduate Studies in Business Administration, CEPADE, which belongs to the Universidad Politécnica of Madrid, has incorporated the MMT84 Simulation to its Campus MBA.
The MMT84 will allow CEPADE's MBA students to develop management skills while using one of the broadest and more comprehensive simulations on the market. Each simulated year the participants will make over 1,000 strategic and tactic decisions in a multinational auto company's main decision areas.
The prestigious Financial Studies University Center (CUNEF) has incorporated Praxis MMT's latest development, the MMT82 Simulation, as part of the the Strategic Management course offered in its Business Administration and Management degree.
Over the Spring semester CUNEF students will practice the strategic management of their own companies in a highly competitive market in which they will face other companies' interference and will make strategic and tactic decisions in marketing, human resources, production and operations and, obviously, finance.
Praxis MMT has launched its latest development, the Bronze Global Management Trainer (MMT82), conceived to allow a comprehensive and effective training in undegraduate Strategic Management courses and demanding executive education courses.
This simulation features a maximum of 500 decisions per simulated year, allowing the students to experience strategic management and making decisions in a company's main functional areas: marketing, finance, human resources and operations.
Its condensed format gives every professor the perfect excuse to start using the most complete, powerful and advanced simulations on the market, MMT Simulations.
On May 8th the fourth edition of Play! A Challenge for New Entrepreneurs, an open business competition organized by Caixanova Business School using MMT Simulations, came to an end.
This initiative allows Caixanova to bring business management closer to high school students by using the MMT2® Simulation, a training tool with which high school students will prepare management plans and will make decisions in the finance, human resources, marketing and operations areas.
Since its first edition four years ago, Play! A Challenge for New Entrepreneurs, has had a wide acceptance and participation of teams from schools in Galicia (Spain) and the North of Portugal.
On July 14th, the Business Marketing Competition XV Edition's final was held at Banco Santander's Ciudad Financiera (its headquarters) in Boadilla del Monte (Spain). This is the most important business simulation competition worldwide.
In this edition, with over 16,000 participants, 1,700 teams and 300 Universities from America, Asia and Europe, Praxis MMT's latest development was employed, the MMT21® Simulation, the most powerful and realistic management training tool in the market.
After a three month competition 6 teams coming from China, Indonesia, Italy and Peru reached the final, underlining the global impact this competition has.
The Business Marketing Competition's participation success demonstrates once again the training opportunities in management that open competitions using business simulations can offer university students and young professionals.
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