Icarus (Global MBA)
Free
14.6.7for iPhone, iPad and more
Age Rating
Icarus (Global MBA) Screenshots
About Icarus (Global MBA)
Icarus business simulation is for University of London students studying the Global MBA and requires a UoL username and password.
This business simulation will provide students working in small teams with a complex business challenge set in a real-life context, where research into the market and the industry will be directly relevant to and consistent with the simulated business.
Students will be able to use the model to explore different strategies, and carry out what-if analysis and scenario planning to test the robustness of their plans.
The simulation will be designed to include the following stages:
1. Research and analysis. Students will have access to past financial results of the simulation company and will be expected to research the real economic and competitive environment of the industry.
2. Teamworking. The simulation will include built-in social media tools to enable students in different locations to communicate and work as teams in managing their airports. A nominated Chief Executive will be responsible for co-ordinating plans and submitting the agreed decisions each period. Teams will be able to rotate the CEO and other roles.
3. Planning. Using the simulation, the students will be able to build a five-year business plan, including exploring and comparing different strategies and testing the robustness of their plans in different external scenarios.
4. Implementation. Team decisions will be processed through the “real world” model and teams will be able to compare their actual results against their plans and budgets and also benchmark their progress against other student teams. They also receive feedback about the market and data about changes in the competitive environment.
5. Reflection and further decision making. The student can adapt their plans, review their decisions and respond to new stimulae before submitting the second set of decisions.
6. Final report. Students may provide individual and/or team reports for tutors to provide feedback on.
This business simulation will provide students working in small teams with a complex business challenge set in a real-life context, where research into the market and the industry will be directly relevant to and consistent with the simulated business.
Students will be able to use the model to explore different strategies, and carry out what-if analysis and scenario planning to test the robustness of their plans.
The simulation will be designed to include the following stages:
1. Research and analysis. Students will have access to past financial results of the simulation company and will be expected to research the real economic and competitive environment of the industry.
2. Teamworking. The simulation will include built-in social media tools to enable students in different locations to communicate and work as teams in managing their airports. A nominated Chief Executive will be responsible for co-ordinating plans and submitting the agreed decisions each period. Teams will be able to rotate the CEO and other roles.
3. Planning. Using the simulation, the students will be able to build a five-year business plan, including exploring and comparing different strategies and testing the robustness of their plans in different external scenarios.
4. Implementation. Team decisions will be processed through the “real world” model and teams will be able to compare their actual results against their plans and budgets and also benchmark their progress against other student teams. They also receive feedback about the market and data about changes in the competitive environment.
5. Reflection and further decision making. The student can adapt their plans, review their decisions and respond to new stimulae before submitting the second set of decisions.
6. Final report. Students may provide individual and/or team reports for tutors to provide feedback on.
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What's New in the Latest Version 14.6.7
Last updated on May 21, 2020
Old Versions
minor fixes
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Version History
14.6.7
May 21, 2020
minor fixes
13.6.5
Mar 17, 2020
New Dashboard / home page added
New Variance report added
UI and UX improvements
Initial download speed has been greatly sped up
Error messaging has been improved
Improved user flow regarding submitting new airports
Web View Feature has been added
Teams may now switch roles
User data is now synced cross device, log in and save in all your local airport slots, log in on another device and the slots there will be updated
Name and Role now displayed in team chat
Only the CEO and HRD can change user roles
New Variance report added
UI and UX improvements
Initial download speed has been greatly sped up
Error messaging has been improved
Improved user flow regarding submitting new airports
Web View Feature has been added
Teams may now switch roles
User data is now synced cross device, log in and save in all your local airport slots, log in on another device and the slots there will be updated
Name and Role now displayed in team chat
Only the CEO and HRD can change user roles
9.5.3
Jan 10, 2020
All new visual style and user experience with technical improvements and minor bug fixes.
8.4.73
Mar 30, 2019
- Updated KPI units to be in easier to read format
- Text rendering issues resolved
- Forecast button clearer and easier to locate
- Text adjustments
- Yearly reports updated
- Text rendering issues resolved
- Forecast button clearer and easier to locate
- Text adjustments
- Yearly reports updated
5.3.54
Jan 24, 2019
Multiple user experience improvements.
3.2.49
Sep 27, 2018
- Tutor login portal
- Briefs update dynamically
- Pop up warnings before deadlines pass
- Deadline countdown visible on more screens
- Forecast has a stronger notification to ensure users make use of the feature
- KPI visual / colours updated
- Multiple bug fixes
- Briefs update dynamically
- Pop up warnings before deadlines pass
- Deadline countdown visible on more screens
- Forecast has a stronger notification to ensure users make use of the feature
- KPI visual / colours updated
- Multiple bug fixes
2.1.1
Sep 8, 2018
Icarus (Global MBA) FAQ
Click here to learn how to download Icarus (Global MBA) in restricted country or region.
Check the following list to see the minimum requirements of Icarus (Global MBA).
iPhone
Requires iOS 9.0 or later.
iPad
Requires iPadOS 9.0 or later.
iPod touch
Requires iOS 9.0 or later.
Icarus (Global MBA) supports English