Praxar Financial Accounting Simulation

Praxar’s business simulations are unique. They provide professors and students with many perspectives to understand the role of decision-makers in the modern business corporation. We get to make business decisions in real situations and get instant results and excellent feedback. At University, we study production, human resources, organizational behaviour, marketing, and sales in separate classes. In the Praxar simulations, we study every single element of the company, and thus, we get a better educational experience.

The Praxar simulations are a real added value in my teaching curriculum. They correspond perfectly to the expectations of a teacher in a practical case and allow them to really challenge their students. Moreover, the different simulations allow you to adapt to the level of each class from BTS to Master.

The simulation is very real and engaging. I like the information, quizzes, industry reports, and suggestions for improving the students’ learning. But more importantly, students became more engaged and improved their understanding of different aspects of a business.

I’ve been using the Praxar golf simulation in my first-year management course for four semesters and with over 800 students. The feedback and student engagement with the simulation are always very positive. The simulation provides an easy-to-learn interface for students, but the decisions required by students are appropriately challenging. My favorite aspects of the simulation are that it fully incorporates social and environmental sustainability in a meaningful way and that it requires students to consider multiple areas of the business including accounting, human resources, operations management, and financing.

At Cambrian College, we pride ourselves on rolling up our sleeves and teaching our students “The Trade of Business”. Praxar Simulations help students think critically, develop strategies to apply business concepts in a meaningful way, all while having fun! 

Praxar Simulations have not only helped me to bring key business concepts in an applied learning environment but it’s also helped students better understand the interdependency of all functional areas of a business. 

From a soft skills perspective, students work in teams, participate in healthy debates. This strategy helps them develop sustainable relationship-building skills, problem-solving skills, and leadership skills.  Incorporating a Praxar simulation within a course design will help prepare your students to become more well-rounded business professionals, providing them with a competitive advantage as they enter the workforce.

In today’s dynamic teaching environment, I would highly recommend partnering with Praxar to create a better, more interactive learning experience for your students. The service and support Praxar’s teams of dedicated professionals provide set them apart from other options in the market.

Praxar’s kayak industry simulation has been an excellent addition to my graduate entrepreneurship course. I initially incorporated the simulation as an experiential learning tool to enhance and extend classroom learning and discussion efforts. Beyond serving as an outstanding complement in this regard, I quickly learned that it brought much greater value. Students became markedly more engaged within smaller team settings. The simulation also brought a sense of competitiveness across teams that only served to draw students in further. Students quickly realized that learning required much more than an isolated understanding of key concepts. They realized that success would require developing a more integrated sense of key concepts coupled with practice that leads to proficiency in using concepts to navigate the complexity of entrepreneurial activity.

Beyond the value of the simulation itself, the Praxar support team is simply exceptional. The team vests itself actively in the success of students and instructors with a level of responsiveness in support that is nothing short of rare to find today.