BankSim: The Bank Management Simulation

Abstract

BankSim is an innovative educational program which combines the benefits of a bank management course with a sophisticated computer model. It fuses abstract theory and realistic experience to give the banker participant a unique learning opportunity. The computer simulation emphasizes effective management decision-making with each simulated bank deciding what kind of a bank it wants to be, what goals make up its operational plan and what strategies are necessary to attain these goals. This paper develops a brief description of the BankSim seminar and the administration necessary to effectively operate the program. In addition, the paper includes a section examining participant responses to the program.