Business-comunications-and-developmentSIMbyCID is a business simulator which is developed on the background of REFRAC and mission-based learning. The structure of each level is similar and it is divided into five missions. Mission is defined as an assignment which requires a practical completion of a task or a sequence of tasks based on a certain knowledge. Missions must be accompanied by clear instructions and a feedback form. The feedback form is used for validation and it serves as an assessment tool thus providing transparency and creating a competitive environment among students.
SIMbyCID provides an opportunities for the students to feel the real market pulse in competitive environment by working in virtual companies. The main objective is to train their business survival skills, entrepreneurship, creative and innovative thinking as well as their abilities for problem solving and conflict resolution in dynamic situations. You can watch the reality about the simulator of Centre Innovation and Development at the University of Economics-Varna here.