Throughout the pandemic, many students
and universities have struggled to
organize traditional internships
in real enterprises.
Simformer’s platform is launching a special online internship for students within the faculties of Economics, Business Studies, Management and Entrepreneurship.
The remote internship will take place within our realistic online business simulation.
Within this virtual environment, students will manage their own businesses while mastering
management skills and applying practical knowledge to their studies at university.
Available business simulation scenarios
Retail business and distribution network management
Students shall receive a small network of stores and will need to manage all of the key business processes involved in the retail business. The purpose of this simulation is to teach students to systematically apply their knowledge in the areas of market analysis, the marketing mix, supply chains, labour management, sales organisation, operational management, financial management, all while learning to maximise revenue, profit and market share.
Management of a trading and manufacturing company
Students shall receive their own production line and clothing store. The purpose of this simulation is to teach students how to analyse the value chain while effectively organising production and managing sales.
Create and launch a complex, high-tech product on the market.
Students will receive a vertically integrated holding company which produces raw materials, components and motorcycles. The purpose of this simulation is to teach students how to systematically apply knowledge about project management, quality management, R&D, supply chain management and lean manufacturing, all while being competitive.
Business game for developing entrepreneurial and leadership skills
This is a business simulation, which provides the student with a wide range of possible activities in effort to develop their entrepreneurial skills. Students will receive a small store to manage, starting capital for the development of their business and will be unrestricted when it comes to business creativity and direction.
Students will have at their disposal dozens of markets and hundreds of industries, in which they will be able to develop their business. Anything, from the opening of a humble coffee shop to the management of a large petrochemical production plant, is possible through the simulator. The purpose of this simulation is to give students the opportunity to experiment with various markets, industries and strategies, in the hope that they may find an interesting niche before creating and growing a successful business.
Why is an online business simulation more effective than a traditional internship?
In the real world, it’s very unlikely that a company would entrust an intern with the management of business processes that are in any way important.
A business simulation provides students with opportunities that they wouldn’t otherwise get. For example, to work as the top manager of a company, to make responsible and complex managerial decisions, all while learning from their mistakes.
It’s worth noting that during the pandemic, the opportunity for students to work online has become especially important.
What does a student get out of the online program?
and skills relating to
A certificate that acknowledges the completion of the ‘Online Internship’ by Simformer.
To get the most out of the learning experience, we recommend that students make a short video presentation for their teacher with an analysis of their chosen strategy, key management decisions and the results obtained.
I’m a prospective undergraduate. Will I gain credit for undergoing this business simulation?
Different universities have different rules when it comes to internships. However, the pandemic means that many universities are now aiming to provide their students with new, secure, effective and practical distance learning solutions. If you’re a student and you’re thinking of completing an internship with us, we recommend that you speak to your teacher or supervisor first and foremost, clarifying whether or not this format of practice would be acceptable to the relevant institutions.