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Senior Program
Internet Trade
Simulation (ITS)
  Description 
 Proposed Cooperation
 

Junior Program

 

 

 

 

 

 

 

 

 

 

 

 

 

 

INTERNET TRADE SIMULATION(ITS)
   Description 

While TMT is distinguished by practicing basic operational skills for import and export business in direct response to instructions, I-TRADE by contrast aims at cultivating management ability. It encourages participants in analytical use of information to determine the optimum management of an international trade situation.

During the training period the student will be plugged into a simulated Internet environment to be a real decision-maker, a company manager as well as the business operator. He registers a company of his own and opens his bank account. By browsing the net, he can be well informed of the demand and the supply home and abroad and decide what to sell or buy. The information base on the Intranet also provides the rate of insurance and freight, exchange and interest as well as tariff and duties etc., which are all changeable periodically, or even unexpectedly. During each transaction, he negotiates with foreign counterparts (simulated by the local teachers as well as the foreign students) by E-mails in competition with other participants. Also he can have the operation simulation with the shipping and insurance companies, customhouse, banks and other trade service bodies. At the end of program (normally lasted for 12 weeks), the participants are evaluated mainly by the company turnover, business profit and operation proficiency as well as response capacity.

 
   Proposed Cooperation

SCICIB is very much keen on cooperation as to I-TRADE program in the aim at setting up a global business simulation network through Internet. We are now seeking the partners all over the world to join this exciting program. We suppose each training spot sets up its own Intranet to enable local participants to run simulated trading companies within it. Then all training spots exchange information (import or export opportunities) through Internet.

Thus, a global simulated business network is established, on which participants of different cultural backgrounds can exchange freely trading information, communicate and compete with those who will most likely engage in business in the future. In terms of technology, such a cooperation model is very practical since it takes advantage of Internet and realizes the efficient sharing of resources. On the other hand, it avoids too many on-line operations and ensures the speed and safety.

We firmly believe through our many years' experience that such international cooperation depends very much on the passion of the school and the devotion of the instructors and project managers. We wish to set up cooperation with you as you firm up your decision to invest time and energy in the development and improvement of your simulation program. We believe working with you towards common goals will be exhilarating, energizing and satisfying.

For details, please contact centre@scicib.com

 

 
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