Business simulation is a technique for developing, testing, and evaluating business strategies in a virtual environment before committing real money and effort in the marketplace. With the latest computer technology, state- of-the-art business simulations can manage hundreds of variables simultaneously and provide tremendous realism. AIMA creates business simulations using its unique and powerful software model, Chanakya.
You will have a realistic and enjoyable learning experience, where you actually manage a multimillion company and benefit with:
The National Competition for Business Management Simulations (NMG) is the single largest platform that engages and challenges Corporate Managers in in Time Bound Decision Making and Strategizing constraints. It is a National Competition aimed at raising on the ground Business Skills of the Management Fraternity in the country. In over two decades now, more than 10,000 managers and 500 organisations have already benefited from AIMA's Management Business Simulation Games. Competition usually starts around the month of April - May of every calendar year. The business simulation is highly interactive and realistic as one team's decisions affects other teams as in a realistic competitive economy. The decisions are evaluated through the software "Chanakya" developed indigenously in India. The Champion team and Runners Up I of the NMG go on to represent India at the Asian business management simulation Games (AMG).
These are organised primarily for students of business schools and professional/academic institutes to help them hone their business acumen through business simulation. SMG is a National Championship played across the country. These Games are computer-based simulations that imitate market and economic reality. Students get the opportunity to experience the management methodologies, tools and techniques in real life. All kinds of students can participate including Engineering, Sciences, Business, anybody who aspires to be a part of the Corporate World. One could be in a Graduate or Post Graduate School. The entire module works even better for students coming from a non-commerce/business background, it gives them a learning that elevates their exposure/experience scale instantaneously over their peers.
Game has brought new insights into actual working of real business and we look forward to implementing new ideas tried here.
Importance of team in shared decision making
Great learning on how departments are connected to each other. Impact on bottom line (profit) if planning goes wrong
It brings "Leadership development skills in managing uncertainty and its associated financial implications"