The Department of Management, University of Dhaka, has introduced SimLab, a digital Business Simulation Platform designed to give students hands-on experience in business decision-making. The idea is simple: students should not only learn theories in the classroom - they should also have the opportunity to apply those theories in realistic business situations, make decisions, experience the consequences, and learn from them. SimLab includes multiple simulations covering areas such as management, marketing, finance, human resources, operations, entrepreneurship, risk management, project management and strategic management. Students can participate individually or as teams.
The initiative was developed by Md. Masud Rana, Assistant Professor, Department of Management, University of Dhaka, with the aim of making management education more practical and experience-based. The initiative has recently been featured by Jugantor.
Read here: https://www.jugantor.com/campus/1158483