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On May 24, as part of the Financial Management course for second-year students in the HSB bachelor’s program Business Management, a business simulation was conducted by experts from Ozon Bank.
Course instructors Dmitry Lapin and Alexander Voiko invited the bank’s current senior managers to introduce students to the real-world operations of a credit institution—doing so in a game-based format that allowed industry experts and students to interact, ask questions, and receive answers in an informal setting.
The goal of the simulation was to familiarize students with how a bank forms its financial results using various financial instruments, including deposits and interbank loans.
During the game, students were divided into teams, each representing a separate credit institution. Teams were encouraged to be creative when choosing their bank names. While developing financial strategies, participants not only explored the role of the Central Bank’s key interest rate in banking, but also competed to find the best combination of financial instruments to achieve the strongest financial outcome.
At the end of the simulation, winning teams were selected and awarded commemorative gifts from Ozon Bank, as well as certificates for purchasing various items on the Ozon online marketplace.
“The business game format is an excellent way to develop communication and teamwork skills under tight time constraints. During the game, students were offered different economic scenarios and had to come up with the most effective solution. The competitive element should not be underestimated. When real business experts demonstrate which team actions lead to higher or lower results, it clearly motivates participants to do better and, ultimately, to win.”