Now in its sixth year, the Global Business Simulation Competition brings together students from around the world to manage a company in a dynamic simulation environment—strengthening strategic thinking, teamwork, and high-stakes decision-making on a global stage.
What is new for 2026? The ElectricCity Simulation Competition
This years stimulation competition challenge is managing an electric utility company with international competitors.
The goal of the ElectriCity simulation is to increase the efficiency index (which includes profit and liquidity, market share and sustainability) and achieve the highest index in the market. The simulation includes decisions to be made in the areas of electricity generation and procurement, investments, pricing and promotion, as well as HR and finance, at a strategic management level.
The winning teams from each market (4–7 teams per market, depending on the number of applicants) will progress to the online semi-finals, where they will face a more complex simulation environment. In the final round, the top 10 teams will compete for the cash prizes and podium positions.
Your team’s results will be compared with competitors worldwide, making the experience both challenging and highly rewarding. As a team, you’ll set your company’s overall strategy and make key decisions in areas such as:
Each round of the competition challenges you to:
- Analyse market trends and competitor behaviour
- Develop strategies to grow your company
- Manage resources and budgets effectively
- Respond to real-world business challenges in a dynamic, virtual environment
Online Semi-Finals
The winning teams from each market group will advance to the semi-finals, where you’ll face a more complex simulation environment.
The Grand Final
The top 10 teams will compete in the final round for prizes and international recognition.
Suggestions for ECTS credit award
The simulation also provides an opportunity for customisation to your own programme (see additional credits). We suggest awarding the students with the following credit scheme
- 1 ECTS credit: Simulation game: Team building, kick-off meeting, playing test round and playing qualification round (altogether 6 turns of the simulation).
- 2 ECTS credits: Simulation game + add-on assignments (best practices examples will be offered by the game organisers) like strategy building, game analysis and personal development reflection.
- Additional credits: Additional credits can be awarded based on: when teams succeed to advance to the semi-finals and finals of the competition, they can be awarded additional credits. This is of course within every NIBS partner university’s discretion.
- Additional credits could also be awarded based on additional related assignments based on specific topics like finance, marketing, management to fit your programme needs. Your students can earn additional credits by, for example, do an in-depth financial analysis, or do an extensive competitor analysis
- + Additional credits: Additional credits can be awarded based on: when teams succeed to advance to the semi-finals and finals of the competition, they can be awarded additional credits. this is of course within every NIBS partner university’s discretion.
Provisional Timeline:
Registration: Please head over to the EcoSim website for full details of registration, important dates and information. Click to head over to the EcoSim webpage
Costs: €100 for a NIBS member team €120 for a non-NIBS member
Contact:
If you have any questions regarding the competition, please send an e-mail to support@ecosim.hu or contact@nibsweb.org