research-article

Teaching of simulation at business schools

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Sanjay JainAuthors Info & Claims

WSC '14: Proceedings of the 2014 Winter Simulation Conference

Pages 3684 - 3695

Published: 07 December 2014 Publication History

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Abstract

Many business decisions can be ably supported by applications of simulation models of various types, including system dynamics, discrete event, agent based, and Monte Carlo. Many decisions involving large capital investments are made only after the proposed systems have been simulated and the expected return on investment verified using simulation. The applicability of simulation to business decisions would suggest that leading business schools would include teaching of simulation software in their curriculum. While business schools use business simulations extensively in their classes, there appears to be limited interest in teaching how to build such simulations. This paper reports on a survey of teaching of simulation software at leading business school. The prevalence of teaching some simulation types over others and the reasons provided are discussed. Simulation community may want to consider the trends at business schools and the need to influence them.

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Cited By

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Doddavaram RCorlu C(2020)Teaching risk analytics using RProceedings of the Winter Simulation Conference10.5555/3466184.3466559(3272-3281)Online publication date: 14-Dec-2020
https://dl.acm.org/doi/10.5555/3466184.3466559
Greenwood A(2017)Striving for ubiquity of simulation in operations through educational enhancementsProceedings of the 2017 Winter Simulation Conference10.5555/3242181.3242554(1-12)Online publication date: 3-Dec-2017
https://dl.acm.org/doi/10.5555/3242181.3242554
Fishwick PHuschka TChick S(2016)Learning simulation models through physical objectsProceedings of the 2016 Winter Simulation Conference10.5555/3042094.3042293(1559-1570)Online publication date: 11-Dec-2016
https://dl.acm.org/doi/10.5555/3042094.3042293
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WSC '14: Proceedings of the 2014 Winter Simulation Conference

December 2014

4032 pages

General Chair:
Stephen J. Buckley
IBM T.J. Watson Research Center
,
Program Chair:
John A. Miller
University of Georgia

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IEEE Press

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Published: 07 December 2014

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SIGSIM

WSC '14: Winter Simulation Conference

December 7 - 10, 2014

Georgia, Savannah

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WSC '14 Paper Acceptance Rate 205 of 320 submissions, 64%;

Overall Acceptance Rate 3,413 of 5,075 submissions, 67%

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Doddavaram RCorlu C(2020)Teaching risk analytics using RProceedings of the Winter Simulation Conference10.5555/3466184.3466559(3272-3281)Online publication date: 14-Dec-2020
https://dl.acm.org/doi/10.5555/3466184.3466559
Greenwood A(2017)Striving for ubiquity of simulation in operations through educational enhancementsProceedings of the 2017 Winter Simulation Conference10.5555/3242181.3242554(1-12)Online publication date: 3-Dec-2017
https://dl.acm.org/doi/10.5555/3242181.3242554
Fishwick PHuschka TChick S(2016)Learning simulation models through physical objectsProceedings of the 2016 Winter Simulation Conference10.5555/3042094.3042293(1559-1570)Online publication date: 11-Dec-2016
https://dl.acm.org/doi/10.5555/3042094.3042293
Balaban MRussell SMastaglio TDykes PDiallo STolk A(2015)The evaluation of a constructive modeling and simulation approach in teaching port management skillsProceedings of the 48th Annual Simulation Symposium10.5555/2876341.2876355(102-110)Online publication date: 12-Apr-2015
https://dl.acm.org/doi/10.5555/2876341.2876355
Doore KVega DFishwick PTaylor SMustafee NSon Y(2015)A Media-Rich Curriculum for Modeling and SimulationProceedings of the 3rd ACM SIGSIM Conference on Principles of Advanced Discrete Simulation10.1145/2769458.2769471(23-34)Online publication date: 10-Jun-2015
https://dl.acm.org/doi/10.1145/2769458.2769471

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