Scholarship Competition: How does the business game simulation work? Game introduction All participants of the Rochester-Bern scholarship competition play anonymously against each other. The Business Simulation is offered by Marketplace Business Simulations at www.marketplace-simulation.com, an external learning solution company. Rochester-Bern has chosen “Introduction to Marketing” for round 1 and “Integrated Business Management” for round 2. Round 1 April 4 – April 22 During the first three weeks participants play against the computer in the “Introduction to Marketing” simulation. Two decisions per week are made, each of which require a time-investment of 30-60 minutes. This round allows participants to develop and execute a complete marketing strategy, including brand design, pricing, ad copy design, media placement, distribution and sales force management. Throughout the exercise, students receive information on customer needs as well as feedback on customer satisfaction with brands, prices and advertising. They discover how their actions reflect in both brand and firm profitability. Students learn to study competitive tactics and adjust their marketing strategy to stay ahead of the competition. Meet your competitors April 29 On completion of round 1, all game players are invited to Thun where they are given the opportunity to meet their competitors. At this event, participants are welcome to attend actual classes and meet the current students and faculty of the Executive MBA. For more information, please contact us directly or read more here. Round 2 May 2 – May 27 During the following four weeks of round 2, the “Integrated Business Management” simulation takes place. Participants play against their peers in groups of maximum 8 people. The game is set for 8 decision rounds (2 decisions per week, with each decision requiring a time-investment of approx. 3-3.5 hours) and replicates two years of doing business. Participants are challenged to make tough decisions in accounting, finance, advanced marketing, manufacturing, business partner negotiations and profitability analysis. The market in the game is competitive and fast-paced, the customers are demanding and the competition is working hard to increase their market share. Grading is based on the balanced scorecard that measures profitability, customer satisfaction, market share in the targeted market segments, preparedness for the future and wealth. Regular feedback on how each participant’s company scores in relation to the other competitors will be provided by the EMBA team. Hochschulstrasse 4 | 3012 Bern | phone +41 31 631 34 77 | info@rochester-bern.ch | www.rochester-bern.ch | S. 1 Final round: presentations June 8 The participants who perform the best during the simulation are invited for the final round that consists of presentations in front of a committee (faculty, alumni and Rochester-Bern officials). The final decision is made by considering three aspects in equal measures: the overall game score of round 2, presentation reasoning & skills, and readiness for an EMBA. The scholarship recipients are announced the same day. Registration, terms & conditions In order to participate in this scholarship competition, interested parties are asked to register by March 21, 2016, agree to the terms & conditions, pay the participation fee of CHF 140 to cover administrative costs and send their CV to the EMBA team (recruiting@rochester-bern.ch). Please contact us for further questions (+41 31 631 34 56). Hochschulstrasse 4 | 3012 Bern | phone +41 31 631 34 77 | info@rochester-bern.ch | www.rochester-bern.ch | S. 2