NIBS International Business Simulation Competition

Step into the shoes of a CEO and run your virtual tech company successfully in the EcoSim business simulation! Participate in the first International Business Simulation Competition powered by the Network of International Business Schools (NIBS), EcoSim and Budapest Business School.

What is involved?

First, enter the online simulation game and be the most successful one in your market with your virtual tech company! You and your team have to manage a company that manufactures and sells smartphones, tablets and notebooks successfully. Perhaps you can be the next Steve Jobs…

We organize the teams into national or regional leagues to make sure that many countries are represented in the semi-finals.

The winning teams of each market (max. 100 teams) qualify for the online semi-finals, where they have to face a more challenging simulation setup. At the last stage, only the 10 best teams participate and compete for the prizes in the finals.

Why should you participate?

We offer a competition in which you will have the opportunity to develop and demonstrate your management skills during a business simulation game. 

This competition is a great opportunity to practice your theoretical knowledge and sharpen your business acumen in the role of a top manager while playing a business strategy game investing only 2 hours per week.

You will be in direct competition with other teams from the beginning, managing the SmartSim virtual company, which produces and sells smartphones, tablets and notebooks (the manual of the simulation is available on this link).

Besides having a lot of fun, you can win great prizes and recognition for yourself and your 
university, and you can support an NGO of your preference.

If the registration fee is difficult to fit into your budget, we encourage you to find a team sponsor who can cover the fee for you. We created a sample offer (download), which you can personalize and perfect with your ideas and use as a negotiation tool. 

Who can apply?

University/College students, graduates or even seniors can form a team of 2 - 4 members and join the competition from all over the world. A business background might be an advantage, but players from any other backgrounds are welcome.

Registration fee for NIBS member school students: 80 EURO/team

Registration fee for non-NIBS teams: 120 EURO/team

How to apply and pay the registration fee?

1st step

The team members should complete the registration.

2nd step

The registration fee is 80 EUR/team for students of NIBS member schools and 120 EUR/team for others.

Payment of the registration fee must be done by the registration deadline.

Important, that only one person (the nominated team leader) of the team should manage the payment of the fee. 

As team leader, you should visit this page, where you can pay the registration fee and provide your invoice data for the NIBS, who is collecting the fees. If you need an invoice raising to pay by bank transfer please email

3rd step

You will receive the invoice and you can pay the fee. Please provide your team’s name and the names of the team members so we can identify you.

We check the payments weekly and mark the successful payment next to your team’s name on the Teams subpage. 

Not paying the fee until the deadline means the cancellation of registration.


Are you ready to challenge yourself and be the best manager of a virtual company?

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Apply now!