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Business Simulations: Learning through virtual reality

Student centered experiential learning is the core of any business management education. Simulated teaching methods link theory with practice and develop individuals ready to face the corporate world. Use of simulations help build the confidence of the participants leading to understand the real business problems through the virtual reality resulting in reinforcement of the desired behavior by the mentor. The critical thinking skills of the students enhance as they encounter the problems and solve them in teams.

Simulations are best technology enabled learning tools which help participants look at the real world problems where they can make mistakes, learn from them and apply the learning before facing the real world. A well-designed simulation can be self-empowering, enjoyable experience leading to the application of knowledge providing real perception of the situation. They can be customized accordingly to meet the requirements of any business management course. Most of the simulations are user friendly and web based keeping the participants engaged.

This technique engages students to work in teams providing a dynamic learning environment which leads to creation of layer of knowledge and finally retention of what one has learnt. It leads to experimentation and failure and then again learning from failures. One can learn, track and optimize the learning environment with this technology based technique.

Simulations use real-world situations and enhance student learning. This leads to holistic thinking, development of managerial and social skills through proactive decision making. The students get feedback which is critical to build competencies. They get into the role of marketing managers, strategists, sales executives, human resource, finance, supply chain specialists, and entrepreneurs in real organizations through this virtual tool. Use of simulation fills the space that exists between the knowledge of graduating students and the actual skills required in most business situations. They make learning fun while keeping the teams engaged imbibing knowledge and getting ready to take the challenges of the real corporate world.

Strategy in Global Supply Chain and Logistics Management - Master Class

IMT Dubai organized an exclusive Masterclass and Info Session on the Strategy in Global Logistics and Supply Chains. This event was conducted on Saturday 9th December 2017 From 5:30 to 8:00 PM, Four Points by Sheraton, Sheikh Zayed Road, which provided insight into the added value of Supply Chain & Logistics Management. Dr. Santanu Roy Ph.D. from Indian Institute of Technology (IIT) Kharagpur enlightened the students on the Nuances and Challenges of Demand Planning and Forecasting which was further complimented by Dr. Veronica PhD from Jonkoping University, Sweden who led the session on Sustainability & Technology. We received an overwhelming response from the audience and the sessions were very well received.

Experience of a Business Competition

Impromptu meets, group studies, activities all around the corner, the buzz that is always on at IMT. The recent buzz created was an event that had over 450 students from all over UAE. You can imagine the hype and the energy at the campus, with the students of IMT pitching in and welcoming the lot. The event was an Interschool Literary challenge. A day for fun, a day for learning! With a lot of activities lined up, the event gave the students a chance to sneak a peek into the college life that awaits them. We started off with an assembly followed by a lot of activities lined up for that got the ice breaking and a lot of interaction and laughter. We had debates and elocution that got the speakers in them up and running. We had creative writing for the budding writers out there. For some more laughter, there was of course a dumb charades game! Followed by what’s the good word, some very beautiful collages and painting for the artists. That wasn’t all, there was a lot of unanswered perceptions about college life and the choices to be made in the future, and IMT was there to sort it out. The students interacted with the IMT students on campus and answered a whole lot of queries about college life and options one could chose after schooling. Overall it was a day of learning and fun at IMT, where even we, students of IMT relived the school life.