Teach business, not about business – the way RealGame.fi introduces its technologies for School of Business of Belarusian State University

Abstract

Game-based learning or «learning by doing» is a well-proven, cost-efficient and one of the most beneficial ways to gain invaluable knowledge as it simulates real-world problems through activities such as watching live demonstrations, training or pre-graduation practise, etc. Business games or business simulations – the most perspective tool that helps to connect the learning experience with real-life challenges. Such games are specially designed for students, help them learn important business strategies, real-world practices and industry standards. But most importantly, the games aim towards giving participants a little taste of management and how managerial decisions affect the business. Some concepts of business simulations and their perspective of implementation into the educational process are discussed in the article. The experience of Finnish RealGame usage of by School of Business of BSU is presented