From Start-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. 

Classroom Seminar with TOPSIM – Manufacturing Management at HFWI

Classroom Seminar with TOPSIM – Manufacturing Management at HFWI

At the KV Luzern University of Cooperative Education those who already have an education in business administration or computer science can attend the HFWI. 22 students participated in a classroom seminar with TOPSIM – Manufacturing Management. The simulation had an excellent learning effect, as it was a good mix of challenge and game.

Hacemos negocio – International Seminar with TOPSIM at DHBW Stuttgart

Hacemos negocio – International Seminar with TOPSIM at DHBW Stuttgart

Studying international business usually means gaining experience abroad. Unfortunately, Covid 19 changed the plans for the students at DHBW Stuttgart and their trip abroad in the fourth semester was cancelled. For this reason, the Center for Management Simulations organized a substitute for the international exchange and found it in a simulation-based seminar together with the Escuela Universitaria de Ingeniería Dual in northern Spain.