Online simulations can create an authentic assessment by mirroring real world scenarios, they can teach and enhance skill building whilst measuring student achievement. For students an authentic assessment method provides them with transferable skills for future practice, feels real and is responsive to the needs of the individual student.
The Online Business Simulations (pedagogy, assessment, learning) project was funded by the Australian Government Office for Learning and Teaching to evaluate and promote pedagogies that enhance the learning outcomes of online simulations in business and related fields. Business simulations offer authentic learning experiences that mirror real world problems and enable students to practise and develop graduate capabilities, technical skills and strategic decision making skills. Emerging technologies along with increased bandwidth have created new opportunities for online simulations and provide improved flexibility and portability for students. However, online simulations are not effective unless they are embedded within a pedagogic framework that optimises learning outcomes. The resources provided by this project are designed to demystify the process of embedding an online simulation into the curriculum.
There are a range of resources to assist staff in selecting an online business simulation on the website, including an a-z index of business simulations available.
Source: Online Business Simulations