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A Modern Simulation Course for Business Students

Author

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  • H. Brian Hwarng

    (Department of Decision Sciences, National University of Singapore, FBA 1, 15 Law Link, Singapore 117591)

Abstract

Simulation was often neglected in undergraduate business curricula for two reasons: (1) simulation was traditionally taught and used in engineering disciplines, and (2) business students lacked training in computer programming and quantitative skills. Powerful microcomputers and user-friendly simulation software have brought about new prospects for simulation modeling. To meet the needs of the modern business world, business schools should widely teach simulation modeling and analysis. I developed an intermediate simulation course at the National University of Singapore for upper-level-undergraduate or graduate business students. Early in the course, migrating from general-purpose spreadsheet modeling to special-purpose simulation modeling is a key step. Modeling real-world problems through team projects is the climax of the course. My rigorous and practical approach proves that students with no simulation or computer-programming background can handle even an intermediate course.

Suggested Citation

  • H. Brian Hwarng, 2001. "A Modern Simulation Course for Business Students," Interfaces, INFORMS, vol. 31(3), pages 66-75, June.
    • Handle: RePEc:inm:orinte:v:31:y:2001:i:3:p:66-75
    DOI: 10.1287/inte.31.3.66.9631
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    References listed on IDEAS

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    Cited by:

    1. Ganesh, Gopala & Paswan, Audhesh K., 2010. "Teaching basic marketing accountability using spreadsheets: An exploratory perspective," Journal of Business Research, Elsevier, vol. 63(2), pages 182-190, February.

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    Keywords

    PROFESSIONAL—OR/MS EDUCATION; SIMULATION;

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