CAPSIM

AcronymDefinition
CAPSIMCaptive Simulation
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References in periodicals archive ?
Li, "China's Agricultural Policy Simulation and Projection Model: CAPSIM," Journal of Nanjing Agricultural University (Social Science Edition) 3, no.
"While many of the finalists are still studying in school, they already have the skills and knowledge to balance a company's operational, financial and sales goals under a high amount of pressure," Capsim's Brendan Langen said.
Dharam Pal, General Manager, CAPSIM India said "We have had three world champions in the last four years from India and seven teams have made it to the FINALS of the Challenge.
The competitions are open to all students who have used a Capsim business simulation in their university course in the previous 12 months.
Finalist results from Capsim's Fall 2012 Capstone(R) Challenge:
Christopher Steffes, 23, from Michigan State University won the Capsim Capstone Challenge that requires competitors to run a $100 million business and revamp the company's declining product line(s) while also overseeing the business's finances, marketing and more.
Tanner Lambert, 25, from Montana State University - Billings won the Capsim Foundation Challenge that focuses on a $40 million company, and much like the Capstone Challenge, requires students to integrate what they have learned during business school in a realistic way by running a simulated business.
"Given the complexity of our business simulations used in the Capsim Challenge, winning is a huge accomplishment and something both students should be proud of," said Capsim Challenge Coordinator Brendan Langen.
Steffes, who will be graduating this May with a degree in Accounting, said that while it is well-known that running a company involves risk taking, he did not fully realize this until participating in a Capsim business simulation.
Steffes said he plans to pursue a career as an external auditor and credits Capsim with this career choice.
The Capsim Challenge is broken into two groups: Capstone[R] and Foundation[R].