From Startup-Up to Corporate Management with TOPSIM – Startup

Start-ups develop innovative products and stimulate the labor market, competition and society. But the path to self-employment is not easy, because many factors have to be considered for a successful start-up. The simulation TOPSIM – Startup enables participants to go through the typical steps of a business start-up and learn how to manage their own company. 

What is TOPSIM Startup?

In the business simulation TOPSIM – Startup we are simulating the Startup process – from business idea to launching the company. The example used is that of a surfboard manufacturer. Whereas in our other simulations participants manage an existing company, here we take them through the paces of setting up a business:

  1. Brainstorming and developing a business model
  2. Creation of a business plan
  3. Negotiation with investors about the financing
  4. Successfully launching the business

During the development of the business model and the preparation of the business plan, the participants receive support through the business planning tool and the newly developed search platform “Startup Web”. Part of the exercise is for them to convince the investors about their business idea and thus secure the necessary capital. Only after the start-up phase finishes do the participants assume the role of the company management and can analyze the success of their business model and the previously defined strategy in the market.

How can TOPSIM – Startup be used?

Similarly to the business simulation TOPSIM – easyManagement, TOPSIM – Startup is one of the business simulations that conveys the basic knowledge of business management. Thus, it is ideally suited for introductory events within the framework of Bachelor’s and Master’s degree programs in all fields of study, business management seminars and start-up companies as well as any corporate courses that foster innovation and entrepreneurship

What learning objectives are tackled with TOPSIM – Startup?

This business simulation introduces participants to the basics of start-up management and business administration:

Topics covered Startup

Would you like to know more about TOPSIM – Startup? The short description of the business simulation  can be downloaded here as a PDF. 

Learning with TOPSIM instead of an internship

Learning with TOPSIM instead of an internship

The Department of Economics at Kiel University of Applied Sciences, represented by Ann-Christin Schweers, found an alternative for the internship together with the teachers of the Max Planck School: TOPSIM – easyManagement. With this business game, the eleventh grade students were able to get a realistic insight into business and its operations despite homeschooling.

Strategic Management with TOPSIM – Going Global in the Bavarian Alps

Strategic Management with TOPSIM – Going Global in the Bavarian Alps

Corporate management and decision making – as part of various seminars for students at Munich University of Applied Sciences (HM), professors Prof. Dr. Christian Greiner, Prof. Dr. Dominik Hammer and Prof. Dr. Thomas Peisl use TOPSIM – Going Global. In this article we explain why this seminar is conducted high up in the mountains.

Virtual seminar at Rhine-Waal University of Applied Sciences

Virtual seminar at Rhine-Waal University of Applied Sciences

The exchange with partner universities from all over the world is one of the highlights of studies for many students. Prof. Dr. Dietrich Darr from Rhine-Waal University of Applied Sciences uses a virtual business game seminar with TOPSIM.