How to Integrate Experiential Learning into Your Business Course
Excellent for
| Foundational Courses | Core Business Subjects | Specialized / Applied Topic |
| Introduction to Business | Financial Management/Accounting | Strategic Management |
| Marketing Principles Operations | Operations & Supply Chain Sustainability | Sustainability |
| Business Analytics | Organizational Behavior | International Business / Trade Entrepreneurship |
| Entrepreneurship | Management Accounting | Capstone Projects |
Want to explore MonsoonSIM hands-on? Book a free trial session here: https://www.monsoonsim.com/contactus.html
Curriculum Mapping with MonsoonSIM
How to Integrate Experiential Learning into Your Business Course
MonsoonSIM is a business simulation platform used by 300+ institutions globally to bring real-world business experience into the classroom. This guide helps educators like you map our simulations directly into your course — from accounting and supply chain to entrepreneurship and marketing
Popular with Educators Teaching:
- Accounting - Marketing
- Business Strategy
- Supply Chain Management
- Operations & Management
- International Business
Whether you teach first-year intro courses or advanced capstone projects, MonsoonSIM fits directly into your classroom with plug-and-play simulations. What you’ll find in this guide:
What You’ll Find in This Guide:
1. Curriculum alignment for core business subjects
2. Course-by-course integration with recommended modules and assessments
3. Realistic classroom scenarios to support applied learning
4. Flexible use cases for both introductory and advanced levels
5. Support for accreditation and assurance of learning (AoL) goals
How MonsoonSIM Fits Your Teaching Context
MonsoonSIM can be used flexibly within formal curriculum (intracurricular), enrichment activities (cocurricular), or informal programs (extracurricular). Institutions may choose to adopt MonsoonSIM fully as the core delivery method for a course, or adapt it to enrich selected topics. This guide helps facilitators understand how MonsoonSIM modules align with common business subjects — whether as a full-semester simulation or a few targeted sessions to reinforce key concepts.
Context
| Adaptation (Supplemental Use) | Adoption (Primary Use)
|
| Intracurricular | Fit into selected sessions within credit-bearing courses Adoption (Primary Use) | Serve as the core learning tool for a full course |
| Co-curricular | Support structured programs aligned to academic goals | Central component of bootcamps or institutional electives |
| Extracurricular | Run as an optional or student led enrichment activity | Anchor informal programs like competitions or clubs |
Curriculum Alignment for Core - Business Subjects
This table shows how MonsoonSIM maps directly to some of the common business courses. Each row includes recommended modules, a sample classroom activity, a realistic scenario students might face, and suggested assessment ideas.
| Course | MonsoonSIM Modules | In-Simulation Activities | Example Scenario | Assessment Methods |
| Introduction to Business | Retail, Finance, Procurement | Run a virtual company across multiple departments | Buying and Selling (Trading) while balancing operations and cash flow | Group business plan, Strategy reflection& Basic KPI report |
| Principles of Accounting | Finance, Retail, Procurement | Run a virtual business, track revenue, expenses, and generate financial reports | Observe daily sales, purchases, and expenses, then cross checking with the financial statements | Accuracy in Journalizing, Financial Statement & Accounting Analysis |
| Financial Management | Finance, Retail, Logistics with R&D and Investment | Learners manage cash flow, investments, debt, R&D, and equity financing | Team decides whether to expand using internal funds or external loans | Cashflow Management, Investment Acumen, Profitability |
| Marketing Principles | Marketing, Retail, Forecast with Market Survey & Location Demography | Market Analysis, set pricing, plan promotions, and respond to market demand | A sales drop prompts review of pricing and campaign effectiveness | Market share, Marketing ROI |
| Management / Organization Behaviour | Human Resources, Retail, Procurement Finance | Hire and train staff; capacity planning, balance headcount with competency | Team productivity drops due mismatching staff personality (OCEAN Factors) to understaffing or poor training | Turnover Ratio, Profitability Per Store |
| Supply Chain Management | Procurement, Logistics, Warehouse | Manage procurement timing, stock levels, and supplier lead times | Supplier delay forces stock replenishment strategy | Inventory flow diagram; Supplier sourcing case; Stockout impact worksheet |
Curriculum Alignment for Postgraduate & Advanced Course Alignment
These advanced course mappings show how MonsoonSIM supports higher level thinking and cross-functional business strategy. Perfect for MBA, postgraduate, and final-year undergraduate applications.
| Course | MonsoonSIM Modules | In-simulation Activities | Example Scenario | Assessment Methods |
| Strategic Management | All Modules, Crisis, Market Intelligence | Balance strategic trade-offs between profitability, risk, and growth | Economic downturn forces strategic choice between layoffs or business expansion | SWOT analysis, Strategic decision report, Team presentation |
| Capstone / Business Simulation | All Modules | Manage a business lifecycle from startup through scaling, coordinating all departments | Complete virtual business cycle with final valuation and market competition | Final simulation score, Reflection essay, Boardroom presentation |
| Sustainability | Sustainability, Procurement, Logistics, Finance | Integrate sustainability practices into business decisions and operations | Decision to switch to environmentally friendly suppliers with higher initial costs but long-term sustainability gains | Sustainability impact report, Cost-benefit analysis, Presentation |
| International Business | Logistics, Procurement, Crisis, Export/Import | Manage international sourcing challenge including exchange rates, and delays | Sudden currency fluctuation and customs delays impacting overseas supply orders | Risk mitigation plan, Global sourcing simulation briefing |
Sample Course Flow: Introduction to Accounting
This modular framework illustrates how MonsoonSIM can support key management accounting topics through experiential learning. Each concept— ranging from journal entries to cash flow analysis—can be integrated independently or combined to enhance course delivery and student engagement. Educators may adapt, rearrange, or select concepts to suit their syllabus.
| Concepts | Suggested Mode | Mode | Approx Duration | Best Used For |
| Experiencing accounting in a virtual business | Student self-explore | Gamification | 90 Mins | Course introduction or mid-semester engagement |
| Accounting equations, journal entries, financial reports (P&L, BS, CF) | Instructor led | Simulation | 45 mins | Demonstrating key accounting principles |
| Budgeting and financial ratios | Instructor led | Simulation | 45 mins | Illustrating performance analysis |
| Audit processes, journal adjustments, reconciliation | Instructor led | Simulation | 45 mins | Showing internal controls and review mechanisms |
| Cumulative simulation round: apply all previous concepts | Student self-explore | Gamification | 90 mins | Practice + reflection before exams or assessment |
| Inventory systems, COGS, receivables, payables | Instructor led | Simulation | 45 mins | Linking operations to accounting processes |
| Fixed assets, depreciation, acquisition, disposal | Instructor led | Simulation | 45 mins | Exploring long-term asset management |
| Final business challenge or capstone | Student self-explore | Gamification | 90 mins | Assessment, revision, or end-of-course integration |
Sample Course Flow: Introduction to Entrepreneurship with MonsoonSIM
This table offers a modular approach to teaching entrepreneurship with MonsoonSIM. Each activity focuses on a core concept—from operations to funding and IPO—and can be used independently or combined to create a custom experiential learning sequence.
| Concepts | Suggested Method | Mode | Approx Duration | Best Used for |
| Running a startup business | Student self explore | Gamification | 90 mins | Introduction to entrepreneurship and decision-making |
| Operations, productivity, and profit margins | Instructor-led | Simulation | 45 mins | Understanding how operations impact business outcomes |
| Supply chain: logistics, procurement, and production | Instructor-led | Simulation | 45 mins | Building a business model and exploring scalability |
| Startup finance: equity, retained earnings, and funding rounds | Instructor-led | Simulation | 45 mins | Introducing entrepreneurial finance and growth stages |
| Scaling up and going public (IPO) | Student self explore | Gamification | 90 mins | End-of-course challenge and reflection |
Sample Course Flow: Marketing Principles with MonsoonSIM
This sample sequence highlights measurable and simulation-ready marketing concepts. Each activity can be used independently to explore how pricing, targeting, and promotion strategies affect outcomes in a virtual business environment.
| Concepts | Suggested Method | Mode | Approx. Duration | Best Used For |
| Marketing fundamentals in a retail context | Student self explore | Gamification | 20–30 mins | Exploring key roles in the marketing mix |
| Consumer behaviour | Scenario-based discussion | Simulation | 30 mins | Analyzing how customer preferences affect performance |
| Market segmentation and targeting | Instructor-guided | Simulation | 30 mins | Practicing STP by applying in-sim market data |
| Promotion strategy and budgeting | Team-led exploration | Gamification | 30 mins | Comparing promo strategies and ad spend outcomes |
| Market research and analytics | Instructor-guided | Simulation | 30 mins | Interpreting in-game data to refine marketing strategy |
Sample Course Flow: Logistics and Supply Chain
This table outlines key logistics topics that can be taught using MonsoonSIM’s supply chain modules. Activities are modular and focus on real-world decision making, enabling students to apply planning, forecasting, and optimization strategies within a dynamic business environment
| Concepts | Suggested Method | Mode | Approx. Duration | Best Used For |
| Introduction to logistics operations | Student self-explore | Gamification | 90 mins | Orientation to full supply chain flow and department roles |
| Transportation and distribution decisions | Student self-explore | Gamification | 30 mins | Testing transport modes, cost, and timing hands-on |
| Warehouse location and inventory planning | Instructor guided | Simulation | 30 mins | Demonstrating trade-offs in location, cost, and stockouts |
| Demand forecasting in logistics | Instructor guided | Simulation | 30 mins | Connecting forecast accuracy to planning and inventory |
| Lead time and supply disruptions | Student self-explore | Gamification | 30 mins | Experiencing delays, adapting logistics under pressure |
| Performance metrics and KPI tracking | Post-game debrief | Simulation | 30 mins | Reviewing logistics outcomes and learning from decisions |
Sample Course Flow: Management Accounting with MonsoonSIM
This modular framework illustrates how MonsoonSIM can support key management accounting topics through experiential learning. Each concept— ranging from journal entries to cash flow analysis—can be integrated independently or combined to enhance course delivery and student engagement
| Concepts | Suggested Method | Mode | Approx Duration | Best Used For |
| Accounting principles and practices | Student self explore | Gamification | 90 mins | Introducing core financial concepts in a business context |
| Journal entries and ledgers | Instructor guided | Simulation | 30 mins | Practicing double-entry bookkeeping and recording transactions |
| Trial balance, P&L, and balance sheet | Guided walk through | Simulation | 30 mins | Connecting entries to financial reporting |
| Cash flow and liquidity | Scenario based gameplay | Gamification | 30 mins | Experiencing how operations impact cash movement |
| Financial ratios and accounting equations | Guided analysis | Simulation | 30 mins | Understanding performance metrics from simulation data |
| Inventory and reconciliation | Post-game reflection | Simulation | 30 mins | Exploring inventory costs and ensuring records match reality |
Supporting Your Accreditation Goals with MonsoonSIM
MonsoonSIM helps institutions meet key requirements of AACSB, ACBSP, and IACBE by aligning experiential learning with program-level goals and measurable outcomes. While not an accrediting body, MonsoonSIM is used by AACSB-accredited and member institutions worldwide to support curriculum relevance, teaching effectiveness, and Assurance of Learning (AoL).
Requirement
| How MonsoonSIM Helps
|
Curriculum Breadth
| Modules span finance, marketing, ops, strategy, and more
|
Modules span finance, marketing, ops, strategy, and more
| Tracks 100+ KPIs, with customizable assessment and reflections
|
Real-World Application
| Students make decisions in dynamic business environments
|
Cross-Functional Thinking
| Integrates departments in one simulation
|
Sustainability
| Optional ESG and sourcing scenarios
|
Instructor Support
| AI-guided setup, dashboards, and data exports
|
AACSB International. (2020).Business Accreditation Standards. Accreditation Council for Business Schools and Programs (ACBSP). (2023). Standards and Criteria for Demonstrating Excellence in Baccalaureate/Graduate Degree Programs. International Accreditation Council for Business Education (IACBE). (2023). Principles for Accreditation.
Want to explore MonsoonSIM hands-on? Book a free trial session here: https://www.monsoonsim.com/contactus.html
