TOPSIM International: The x_bank University Challenge powered by TOPSIM

During March 2020 the X_Bank University Challenge, an online inter-university competition using the Digital Banking Simulation by TOPSIM, was organized by Dr. Keith Pond (Loughborough University) and Klaus Walter. In this simulation, companies in the banking industry compete in the marketplace and each has its own business model, strategic focus & competitive advantage.

How was the online competition organized?

The Universities of Liechtenstein, Latvia and Malta each offered three teams, mainly composed of postgraduate students in Finance. Three teams of MSc Finance students from Loughborough University also competed. Comprising 5 rounds (the first being a pilot round, where teams could make mistakes and learn from them without affecting their results) the simulation was split into three markets, each with four institutions (four or five students per team). The four “scoring” rounds were one week-long, ending at midnight CET, each Sunday. Each Monday, a result summary podcast was posted.

In the final round a live webcast presented the results – and the winning teams to delegates and partners. Although there could be only one winning team, it is safe to say that all participating teams (and individuals) were able to “Learn Finance by Doing Finance”, and benefit from this highly interactive and engaging learning experience. Furthermore, students from Liechtenstein, Latvia and Malta were able to use the simulation as part of a credit bearing course, creating assessments and “wrap-around” lectures to investigate the issues raised further.

The simulation used a Moodle based VLE controlled from Loughborough University, signing up partner tutors and students to give them access to forums, weekly podcasts, the TOPSIM participant manual and chat rooms.

About the Digital Banking Simulation

In this Management Simulation participants take on the role of the management board of different companies – from an international banking institution to a financial service startup. The simulation is designed to facilitate an engaging, dynamic, interactive and highly impactful experience which will take participants on a journey in which they will alternate between the world of the industry and their own business model, through individual and collaborative learning.

We are looking forward to expanding the competition to other schools and students, expressions of interest can be addressed to Keith Pond directly. If you wish to hear more about how TOPSIM can support your (online) learning and training initiatives, do not hesitate to reach out to Angela Feigl or join our free webinar on April 21st. Sign up here: https://topsim.com/en/events/

Unternehmerisch Denken mit TOPSIM – Startup an der BHAK BHAS Stegersbach

Unternehmerisch Denken mit TOPSIM – Startup an der BHAK BHAS Stegersbach

Die BHAK BHAS Stegersbach bietet für ihre Schülerinnen und Schüler eine ganz besondere Lerneinheit: Mit STARTUP entwickelte die Schule ein ganz eigenes Unterrichtsfach, um grundlegende, handfeste Einblicke ist das Geschäftsleben zu bekommen und unternehmerisches Denken zu fördern. Mario Zartl, der Initiator und Leiter des Programms, erklärt uns, wie das Planspiel TOPSIM – Startup einen Beitrag leistet.

Statt Praktikum: TOPSIM – easyManagement an Kieler Schulen

Statt Praktikum: TOPSIM – easyManagement an Kieler Schulen

Der Fachbereich Wirtschaft der Fachhochschule Kiel, vertreten durch Ann-Christin Schweers, hat gemeinsam mit den Lehrenden der Max-Planck-Schule eine Alternative für das Praktikum gefunden: TOPSIM – easyManagement. Mit diesem Planspiel konnten die Schülerinnen und Schüler der elften Klasse trotz Homeschooling einen realistischen Einblick in die Wirtschaft und deren Abläufe bekommen.

Strategisches Management mit TOPSIM – Going Global in den Bayerischen Alpen

Strategisches Management mit TOPSIM – Going Global in den Bayerischen Alpen

Unternehmensführung und Decision Making – im Rahmen verschiedener Seminare für Studierende der Hochschule München (HM) setzen die Professoren Prof. Dr. Christian Greiner, Prof. Dr. Dominik Hammer und Prof. Dr. Thomas Peisl TOPSIM – Going Global ein. In diesem Artikel erklären wir, warum dieses Seminar hoch oben in den Bergen durchgeführt wird.