Management Simulations, Inc. Launches Student Evaluation System to Assess Business Acumen
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Executed in conjunction with the Capstone® Business Simulation used by more than 550 universities across the globe to simulate a real-world business management experience, Comp-XM verifies learning and assesses judgment and analytical skills. Comp-XM takes Capstone to the individual level by enabling specific analysis of individual business skills. Utilizing both a business simulation plus short exam questions, Comp-XM gauges performance and diagnoses weaknesses. Comp-XM ensures that students are measured in a fair, secure and comprehensive manner.
“Assurance of learning or outcomes assessment is the one issue that has stood out to colleges and universities over the past year – consuming the time and attention of professors, chairs and deans,” says Management Simulations President and Founder Dan Smith. “The combination of the Capstone and Comp-XM technologies provides an engaging, standardized platform for individual evaluation. By testing for business acumen, professors and administrators are able to measure students' business knowledge and ability to execute what they have learned while providing a comprehensive review for grading.“
Comp-XM, a collaborative product involving schools and accrediting bodies, went through rigorous testing by university professors from top ranked business schools during its initial beta phase, which took place over 12 months. Those professors involved in testing learned that simulations engage individuals to work harder to arrive at the correct answers than traditional tests. Input from the thousands of participants along with their highly esteemed professors enabled MSI to improve the technology and launch Comp-XM to the broader educational marketplace.
Editor’s Note
Professors who have utilized various MSI products and/or beta tested Comp-XM are available for comment.
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Jason Abrahams, KemperLesnik Communications
312.755.3533, jason.abrahams@kemperlesnik.com
About Management Simulations, Inc.
Founded in 1985, Management Simulations, Inc.® (MSI®) is the leading virtual business simulation program provider worldwide and is the founding member of the AACSB (Association to Advance Collegiate Schools of Business) Leaders Circle. Its Capstone® Business Simulation is the best-selling business simulation that teaches strategy/tactics, accounting, marketing, finance, human resources, teamwork, leadership, and other topics. MSI's Comp-XM®, used in conjunction with Capstone, evaluates the business acumen of participants. MSI works with more than 550 universities, including Harvard, Wharton, Northwestern and Vanderbilt, and more than 250 high schools as well as countless leading businesses, such as Microsoft, Alcoa, BP, Allstate, General Electric, General Motors and PricewaterhouseCoopers. Visit www.capsim.com for more information.