Duration
30h Mon. WS
Number of credits
Lecturer
Language(s) of instruction
French language
Organisation and examination
All year long
Schedule
Units courses prerequisite and corequisite
Prerequisite or corequisite units are presented within each program
Learning unit contents
Important remark : this course is organized in English for the incoming Erasmus students of the fall term
The simulation game consists of 5 teams of 5 students each. Each team represents a company on a market, and competes with the four others. The students make up the board of the company.
The game lasts 4 days. The first half-day is devoted to presenting the game and briefing all participants. Each team makes 12 decisions, which corresponds to one decision per quarter for 3 years. According to its decisions, and the decisions of competitors, the company receives a quarterly result sheet.
After 3 simulated years of company life, the board has to present their results to their partners (shareholders, bank, works council). In the game, those partners are represented by all participants. The decisions of each team are analysed and synthesized in a final report drawn up by the organizers.
Learning outcomes of the learning unit
This course aims at helping students (working in teams) :
- discover the interaction between the major functions of a company (production, finance, marketing, human resources);
- learn how to define policies, infer objectives & compare results with objectives;
- train at decision-making.
Prerequisite knowledge and skills
FIN 505 Accounting & Finance
SC 529 Logistics and Production
MKTG 552 Marketing
RH 132 Staff Management
Planned learning activities and teaching methods
Mode of delivery (face-to-face ; distance-learning)
The game is organized in Banneux on four consecutive days from 8.30 a.m. to 6 p.m. A € 25 fee is to be paid.
Two simulations are organized each year : the first one end of October and the second one mid March (see agenda for precise dates).
The repartition between both simulations will be done before the first simulation.
Recommended or required readings
A leaflet with the rules of the game will be available on-line one week before the game starts.
It should be read carefully .
Assessment methods and criteria
1st session assessment : continuous assessment of each team's performance; written report and presentation
2nd session assessment : idem
prolonged 2nd session assessment : idem
Work placement(s)
Organizational remarks
"Enseignement toute l'année" means one simulation by part of the year.
Contacts
Wilfried Niessen
HEC-Ecole de Gestion de l'ULiège (Bât. N1)
email : Wilfried.Niessen@uliege.be
Anne Bils
HEC-Ecole de Gestion de l'ULiège (Bât. N1)
Tél.: +32 4 2327262
email : anne.bils@uliege.be