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Business Simulation | Financial & Commercial Awareness

In-house course utilising exeriential learning


Financial Fluency

Summary

Price
Enquire to get more info on pricing
Study method
Onsite
Duration
2 days · Full-time
Qualification
No formal qualification
Certificates
  • Certificate of completion - Free
Additional info
  • Tutor is available to students

Add to basket or enquire

Overview

A unique, memorable, interactive and experiential in-house training experience.

Delegates simulate running real businesses and learn key finance and commercial skills.

Key Features of a Business Simulations

  • Small teams compete in an open market.
  • They run through several business cycles, experience critical business decisions and inter-dependencies and face the consequences of their decisions.
  • This enables delegates to experiment with a realistic model of a business away from their desks.

Certificates

Certificate of completion

Digital certificate - Included

Course media

Description

Business Simulations are a unique experience. They make a real difference both in terms of learning and translation of skills back into the work place.

Our business simulations cover a wide range of industries and learning outcomes. Suitable for all levels of experience and seniority, we tailor our simulations so they are pitched at the right level for each client and their team.

Our business simulations are relevant for both finance and non-finance professionals.

Our business simulations provide a uniquely powerful way to learn about business and finance. They enable participants see how business decisions impact on finance and how finance decisions impact on business.

What will you learn on a Business Simulation Course?

In small teams, you will operate a business and make decisions regarding business and financial strategy. Over successive periods you will see the connection between your decisions and the financial results of your business.

There is a clear link between decisions, such as offering value products and investing in quality and the success of these strategies.

Our business simulations ensure that those in different parts an organisation understand how they integrate with other parts of the business and impact on the business as a whole.

Our simulations facilitate experiential learning (learning by doing) principles.

The interactive training environment powerfully enables people to absorb essential concepts, change their behaviour and transfer these skills directly back to their own businesses. Our business simulations can be tailored to your organisation.

Typical Learning Outcomes for a Business Simulations

  • The purpose and use of financial statements
  • How money flows around a business
  • The importance of managing cash
  • How each area of a business affects overall financial results
  • The impact of different business decisions and strategies
  • The impact of financial issues on businesses
  • Financing a business and in particular working capital.

Tailored Business Simulations Courses

All our courses are tailored to meet our client's specific needs. We like to spend time getting to know our clients and understand your learning objectives. From experience we know that training is most effective and valuable when tailored and focused.

In-house course

Please note this is an in-house corporate course offered directly to groups of people within organisations. This course is not for individual learners.

Who is this course for?

Business professionals.

Simulations work particualrly well with non-finance professionals however they are also suitable for finance professionals. The learning outcomes can be tailored accordingly.

Simulations are suitable for any level within an organisation from graduate through to board level.

Requirements

None

Questions and answers

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.

Interest free credit agreements provided by Zopa Bank Limited trading as DivideBuy are not regulated by the Financial Conduct Authority and do not fall under the jurisdiction of the Financial Ombudsman Service. Zopa Bank Limited trading as DivideBuy is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, and entered on the Financial Services Register (800542). Zopa Bank Limited (10627575) is incorporated in England & Wales and has its registered office at: 1st Floor, Cottons Centre, Tooley Street, London, SE1 2QG. VAT Number 281765280. DivideBuy's trading address is First Floor, Brunswick Court, Brunswick Street, Newcastle-under-Lyme, ST5 1HH. © Zopa Bank Limited 2024. All rights reserved.