Introduction

The ASDAN Business Simulation has been created in an effort to help the aspiring business leaders and entrepreneurs of tomorrow grasp a better logistical and strategic understanding of how to run a business. During the simulation students will be actively involved in creating and deciding on every aspect of their business from their company culture to their production needs. The interactive aspect of the simulation is a great way for students to get involved in thinking about the practicalities of running a business.

Your
Way UP!

Where?
When?
How? Who?

Regional Business Simulation

All-Star Competition

Business Simulation Final (WYEF)

At Partnering Schools
2018.9 - 2019.6

2 days, a weekend
Sign up your team or as an individual and take part as many times as you wish

More

Shanghai
2019 Winter Holidays

4 days
ASDAN Award recipients of Regional Business
Simulations

More

Shanghai
2019 Summer Holidays

4 days
Top 3 winners of Regional Business Simulation and of the All-Star Competition

More

Improve your skills

Teamwork Skill

Learn how to work with others. Everyone within your team will be responsible for a different role in order to run a
successfully company. ASDAN Business simulation is a team competition. So think about how to make sure the distribution of each person in your team.

Problem Solving Skill

Problems you face can be defined as difficulty in achieving the success of your company. You must overcome them to
reach your goal in limited timing.

Knowledge Application Ability

The most efficient way to fully understand the knowledge you learn is to use in reality. ASDAN Business Simulation offers a great chance to apply used for them.

Market Analysis Capability

Learn how to improve your market analysis capability, identify potential business partners and enhance your sensitive business sense. ASDAN Business Simulation will be the first step for you to develop your own business in future.

Public Speaking Skill

You have to prepare business presentations and sale pitches to judges in order to gain a financial reward.

Communication Skill

This is about communicating with your teammate in an effective and productive way. This is also about the trust and confidence about your company and your product. Make your customer be loyal for your company. ASDAN Business simulation can help you to become a wellrounded person with good communication skills.

Teamwork Skill

Teamwork Skill

Learn how to work with others. Everyone within your team will be responsible for a different role in order to run a successfully company. ASDAN Business simulation is a team competition. So think about how to make sure the distribution of each person in your team.
Problem Solving Skill

Problem Solving Skill

Problems you face can be defined as difficulty in achieving the success of your company. You must overcome them to reach your goal in limited timing.
Knowledge Application Ability

Knowledge Application Ability

The most efficient way to fully understand the knowledge you learn is to use in reality. ASDAN Business Simulation offers a great chance to apply used for them.
Market Analysis Capability

Market Analysis Capability

Learn how to improve your market analysis capability, identify potential business partners and enhance your sensitive business sense. ASDAN Business Simulation will be the first step for you to develop your own business in future.
Public Speaking Skill

Public Speaking Skill

You have to prepare business presentations and sale pitches to judges in order to gain a financial reward.
Communication Skill

Communication Skill

This is about communicating with your teammate in an effective and productive way. This is also about the trust and confidence about your company and your product. Make your customer be loyal for your company. ASDAN Business simulation can help you to become a wellrounded person with good communication skills.

ASDAN Enterprise Award

Outstanding delegate would be awarded by ASDAN Enterprise Award from ASDAN UK. The certificate is endorsed by the British Qualifications and Curriculum Service (QCA) and the Universities and Colleges Admissions Service (UCAS).

This certificate proves candidate’s success in business skill and setting from Entry level to University entrance of the United Kingdom.

This certificate is accepted by many renowned universities and companies in the United States. So it would be a highlight for your university application.

What else?

1

The Qualification to participate in the
World Youth Economic Forum.

Top 3 companies in a regional Business Simulation would be qualified to participate in the Business Simulation Final and outstanding delegates will also be invited to participate economic committee in World Youth Economic Forum.

The Yale World Youth Economic Forum is the world’s first economic forum for high school students to meet and discuss issues of global economic importance.
Debating issues that today's leaders in finance, economics, and commerce strive to find solutions for, the students will act as real life politicians and business leaders to solve their committee's problems. Learn more.

The Qualification to participate
in the All Star Competition.

2

All teams receiving the ASDAN Enterprise award will be invited to the ASDAN All-Star Competition. It is a virtual marketplace in which students can establish and manage their own company. The overall winning team is calculated based on overall profits. Learn more.

3

Get Seed Points to Enhance your Competitive
Advantage for University Application Abroad.

Seed Academy is a student management and credit management organization established by ASDAN China. The value of seed credit is based on the principles and methods related to the comprehensive quality evaluation of students in the UK, the US and China's ministry of education. Learn more.

How does it work?

Before
Business
Simulation

1

Form your Company
(Min 6/Max 8)

2

Sign up for a Business Simulation
happening in your region

Control
your
Company’s

Finance

Storage

Production

Marketing

Sales

Strategies

Human
Resource

During
Business
Simulation

3

Learn about Rules
and Procedures

4

Operation (4-5 rounds)

Within operation of the simulation students will decide upon the financial aspects of their company through choosing how to spend the initial investment given to them. These financial decisions include staff numbers, salaries, marketing and research costs and also the final price of their product. Following each round of the operations students will receive the results of the previous round in which they can assess how they can improve and how they can potentially increase their market share and profit.

5

Project (1-2 rounds)

Projects require the teams to prepare business presentations and sale pitches to judges in order to gain a financial reward. These projects include many different business topics as to give the students a broad understanding of all the skills needed to be an entrepreneur. The projects require students to consider different elements of business from marketing strategies to human resources management. The winning teams will then receive the money which they can use to further in the operations section of the simulation.

6

Trading (1 round）

In this session, companies will practice their negotiation skills through buying and selling. Each company has different resources The goal for all companies is getting all resources with prior trading in the marketing. The companies with highest resources and highest net property will be the winner.

After Last
Round of
Simulation

7

System performs
Final Calculation

8

Awards

Sample Agenda

  Day 1 Day 2
Morning 08:30-09:00   Teams arrive 09:00-09:40   Operation Round 4
09:00-10:30   Opening Ceremony 09:40-10:50   Project Presentation
10:30-10:50  Rules & Procedure Introduction 10:50-11:00   Poster Display for Judges
10:50-11:20  Teams create their accounts 11:10-11:50   Operation Round 5
11:20-11:40  Operation Test Round 11:50-13:00   Lunch
11:40-12:00   Q&A
12:00 - 12:50  Lunch
Afternoon 12:50-13:30   Operation Round 1 13:00-15:30  Closing Ceremony
13:30-14:10   Project 1 Preperation
14:10-15:20   Project 1 Presentation
15:20-15:50   Project 2 Introduction
15:50-16:30   Operation Round 2
16:30-17:00   Project 2 Preparation
17:00-17:40   Operation Round 3
17:40-18:30   Dinner
Evening 18:30-21:00   Auction

Testimonials

“You will find out that once you join into the ASDAN Business Simulations, the contents often will deeply attract you, and that is why I strongly recommend all young people to participate in these valuable competitions.”

Wenzheng Wang
Cardiff and Vale College Shanghai Centre

“I have participated in 3 ASDAN Business Simulations. It is a good platform for us to test our potentials and develop ourselves in so many aspects. Now I am going to study abroad soon, I really enjoy the time working together with my teammates during the competition.”

ZIYI WANG
Hunan Concord College of Sino-Canada

“In this competition, you never know what will happen until the last minute. What you can do is to keep trying. Everything you do is worthy. You can develop your ability of leadership, team working and communication skills through ASDAN Business Simulation.”

KE LI
Guangdong Country Garden School

 

“ASDAN Business Simulation is not just a place for you to learn how to shoulder responsibility, improve your interpersional skills, but also somewhere to forge your own characters. It is worth, for everyone, participating. If you are not ready and involve 100% yourself into it, you won't stand out. However, you might get a chance to win even if you don't get good scores in school but prepare and try your best in this competition. You can learn and grow up during the whole process, which will benefit you for the rest of your study and life.”

Siao Zhai
Beijing New Talent Academy