Icarus for ACCA

The Icarus business simulation is for ACCA students and requires a username and password which is provided by your course leader at ACCA. The business simulation provides students working in small teams with a complex business challenge set in a real-life context, where research into the market and the industry will be directly relevant to and consistent with the simulated business. Teams use the model to explore different strategies, and carry out what-if analysis and scenario planning to test the robustness of their plans. The simulation includes the following stages: 1. Research and analysis. Students have access to past financial results of the simulation company and will be expected to research the real economic and competitive environment of the industry. 2. Teamworking. The simulation includes built-in social media tools to enable students in different locations to communicate and work as teams in managing their airports. A nominated Chief Executive is responsible for co-ordinating plans and submitting the agreed decisions each period. Teams are able to rotate the CEO and other roles. 3. Planning. Using the simulation, the students are able to build a five-year business plan, including exploring and comparing different strategies and testing the robustness of their plans in different external scenarios. 4. Implementation. Team decisions are processed through the “real world” model and teams will be able to compare their actual results against their plans and budgets and also benchmark their progress against other student teams. They also receive feedback about the market and data about changes in the competitive environment. 5. Reflection and further decision making. Teams can adapt their plans, review their decisions and respond to new stimulae before submitting subsequent sets of decisions. 6. Final report. Students may provide individual and/or team reports for tutors to provide feedback on.

Kostnadsfritt

Icarus for ACCA

Kostnadsfritt
Översikt Systemkrav

Beskrivning

The Icarus business simulation is for ACCA students and requires a username and password which is provided by your course leader at ACCA. The business simulation provides students working in small teams with a complex business challenge set in a real-life context, where research into the market and the industry will be directly relevant to and consistent with the simulated business. Teams use the model to explore different strategies, and carry out what-if analysis and scenario planning to test the robustness of their plans. The simulation includes the following stages: 1. Research and analysis. Students have access to past financial results of the simulation company and will be expected to research the real economic and competitive environment of the industry. 2. Teamworking. The simulation includes built-in social media tools to enable students in different locations to communicate and work as teams in managing their airports. A nominated Chief Executive is responsible for co-ordinating plans and submitting the agreed decisions each period. Teams are able to rotate the CEO and other roles. 3. Planning. Using the simulation, the students are able to build a five-year business plan, including exploring and comparing different strategies and testing the robustness of their plans in different external scenarios. 4. Implementation. Team decisions are processed through the “real world” model and teams will be able to compare their actual results against their plans and budgets and also benchmark their progress against other student teams. They also receive feedback about the market and data about changes in the competitive environment. 5. Reflection and further decision making. Teams can adapt their plans, review their decisions and respond to new stimulae before submitting subsequent sets of decisions. 6. Final report. Students may provide individual and/or team reports for tutors to provide feedback on.

Skärmbilder

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Major App Updates - the Icarus Airport Simulation is now even more comprehensive, including new metrics and KPIs looking at environmental factors, carbon footprint, and updated pandemic factors. Teams also have access to new news and reports through the app, all reformatted and landscape optimised with new KPI charts and dashboards for teams to track their progress. Let's fly!

Ytterligare information

Utgiven av

Unicorn Simulations

Copyright

2019 Unicorn Simulations

Utvecklat av

Unicorn Simulations

Utgivningsdatum

2024-11-06

Ungefärlig storlek

154,09 MB

Åldersklassificering

Från 3 år

Kategori

Undervisning

Denna app kan

Använda din Internetanslutning

Installation

Skaffa den här appen när du är inloggad med ditt Microsoft-konto och installera den på upp till tio Windows 10-enheter.

Språk som stöds

English (United States)

Utgivarinformation

Webbplats för Icarus for ACCA


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