Introduction
The International Association of Business Management Simulation (IABMS) is a non profitable association established in 2022 consisted of the Founding President and the Executive Committee composed of students from various Universities in the hope to promote business learning through AI based simulation as a brand new way to learn core business concepts. Same as other top tier Universities, students are able to learn and gain more insights into running a business by business management simulation through a virtual and competitive environment. The association hopes to provide more opportunities in helping different groups in the society understand how to manage a business and try to implement the strategies learnt.
Our Vision
The association strives to cultivate business professionals, promote industry-university cooperation and strengthen interactive exchange of ideas in the Asia-Pacific Region. IABMS endeavors to develop and promote interactive and effective pedagogical learning opportunities for academics and professionals in various disciplines of core business, including Finance, Management, Accounting and Operation Management, etc.
We hope to provide hands-on business opportunities with interdisciplinary learning to the younger generation, in order to explore their potential abilities to apply business skills and innovative ideas.
Michael Chan Founder
Founding President
Michael completed his Master's degree in Engineering Management at the UTS of Sydney in 2000. With 38 years of experience as a chief mechanical engineer in the consumer electronics industry. During my Master's program,
I explored business management but found it hard to connect theory with practice. I felt the theoretical subjects were tedious and difficult to understand. The subject-oriented learning approach made it challenging to relate coursework to organizational functions, highlighting the importance of internships in university programs.
As the founding president of the International Association of Business Management Simulation (IABMS), I aim to improve education and students' learning skills while developing their entrepreneurial and management abilities through workshops and competitions. IABMS offers a unique simulation training platform in Hong Kong that connects theory with practice.
We have organized over ten intervarsity competitions for students from Hong Kong, China, and Southeast Asia, supported by 36 advisory board members from education and industry.
Endorsed by the China Council for the Promotion of International Trade (CCPIT), IABMS participated in an MOU signing ceremony in Beijing in September 2024. We also received the One Star Prize at the SME Corporate Innovation Index 2024 Awards, showcasing our dedication to enhancing experiential learning in business education in Hong Kong's digital landscape.
