Business Simulation - ECO007AS2AE - Opinto-opas

Business Simulation, 5 cr - ECO007AS2AE

Upcoming implementations

Business Simulation ECO007AS2AE-3005 17.03.2025-21.03.2025 5 op (IBE4PAACC, ...) +-
Campus

Pasila Campus

Teaching language

English

Timing

17.03.2025 - 21.03.2025

Enrollment

02.01.2025 - 14.03.2025
Groups
- IBE4PAACC
- TR4HEECO2
- CONTACT
- TR4HEECO1
- BLENDED
- INTENSIVE
- IBE5PAACC
- EXCH
Teachers

Timo Pöysti

Seats

15 - 25

Degree Programme

INTBBA International Business

R&D proportion

0.00 cr

Virtual proportion

0.00 cr

Evaluation scale

H-5

Current implementations

Business Simulation ECO007AS2AE-3006 13.01.2025-16.05.2025 5 op (HOST24A, ...) +-
Teaching methods and instruction

This course implementation is reserved for HOST23A students only.

Campus

Haaga Campus

Teaching language

English

Timing

13.01.2025 - 16.05.2025

Enrollment

08.03.2024 - 08.03.2024
Groups
- HOST24A
- BLENDED
- ONLINE
Teachers

Sonja Haaksluoto

Seats

15 - 50

Degree Programme

HOST Strategic Hospitality Management

R&D proportion

0.00 cr

Virtual proportion

2.00 cr

Evaluation scale

H-5

Past implementations

Business Simulation ECO007AS2AE-3004 14.10.2024-18.10.2024 5 op (IBE4PAACC, ...) +-
Campus

Pasila Campus

Teaching language

English

Timing

14.10.2024 - 18.10.2024

Enrollment

03.06.2024 - 11.10.2024
Groups
- IBE4PAACC
- TR4HEECO2
- CONTACT
- TR4HEECO1
- BLENDED
- INTENSIVE
- IBE5PAACC
Teachers

Timo Pöysti

Seats

15 - 45

Degree Programme

INTBBA International Business

R&D proportion

0.00 cr

Virtual proportion

0.00 cr

Evaluation scale

H-5
Business Simulation ECO007AS2AE-3002 18.03.2024-22.03.2024 5 op (IBE4PAACC, ...) +-
Campus

Pasila Campus

Teaching language

English

Timing

18.03.2024 - 22.03.2024

Enrollment

02.01.2024 - 15.03.2024
Groups
- IBE4PAACC
- TR4HEECO2
- CONTACT
- TR4HEECO1
- BLENDED
- INTENSIVE
Teachers

Timo Pöysti

Seats

15 - 25

Degree Programme

INTBBA International Business

R&D proportion

0.00 cr

Virtual proportion

2.00 cr

Evaluation scale

H-5

During the course students will simulate a copy machine company in which they have the full responsibility as board members. Teams have to take both operative and strategic decisions for every period based on the provided business information and its’ analysis. Teams are expected to be able to justify their strategies and decisions fact based.
Developing marketing strategies and implementing them, building a financial strategy and braking it down to day to day operations as well as using management accounting tools like product costing will be your daily business. Managing and motivating your workforce at an efficient level and keeping the production capacities in mind will complement your managerial tasks. The combination and alignment of those individual functional strategies to an overarching corporate strategy under time pressure will be your masterpiece. Your shareholders expect rising share prices and want to be updated on development after every period.

In TOPSIM -business simulation teams must take decisions on several fields:
• Corporate objectives and strategies
• Sales: Competition analysis, marketing mix, product life cycles, product re-launches, new product launches, entering a new market, costing of special transactions, contribution margin accounting and market research reports as a basis of information for marketing decisions
• R&D: Technology, ecology, value analysis
• Procurement/ warehousing: Optimum order quantity
• Manufacturing: Investment, disinvestment, in-house production or external procurement, capacity planning, ecological production, rationalisation, learning curve
• HR: HR planning, qualification, productivity, absences, fluctuation
• Finance and accounting: Cost type, cost centre, cost object accounting, gradual contribution margin accounting, financial planning, balance sheet recognition and income statement, cash flow, share price and company value, portfolio

Business simulation (TOPSIM) will be done intensively during one week. Participation to additional activities (familiarizing with the simulation, trial periods of the simulation etc.) might be required.

Business simulation is arranged in Heilbronn, Germany in autumn semester (Intensive week 42, October) and in spring at Haaga-Helia Pasila Campus. Students will enroll to either of the implementations. Implementation in autumn semester requires traveling to Germany (Haaga-Helia travel compensation 70 euros/travel day might apply) according to the given schedule for the implementation.

1) Implementation methods of the course: contact, online and blended
2) If you already know the competence objectives of this course, you can show your competence. Ask the teacher of the course for more information. More information on the identification of skills: https://www.haaga-helia.fi/fi/osaamisen-tunstämaminen-ja-work-study.

IN ENGLISH
Introduction:

https://cloud.topsim.com/index.php?id=10&L=1