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Enhancing Students’ Business Plan Learning Through Experiential Business Plan Simulation

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  • Mohd Guzairy Abd Ghani

    (Faculty of Technology Management and Technopreneurship, Universiti Teknikal)

  • Norhidayah Mohamad

    (Faculty of Technology Management and Technopreneurship, Universiti Teknikal)

Abstract

A Business plan is an essential document that guides entrepreneurs in managing their businesses and strategising for future growth. The Malaysian government has mandated entrepreneurship education in higher institutions to foster entrepreneurial skills among students, including the ability to write effective business plans. This study explores how business plan simulation enhances students’ understanding of entrepreneurship and identifies factors that facilitate business plan learning. A quantitative approach with pre- and post-questionnaires was used, involving 114 participants. Findings show that student characteristics are the most influential factor in facilitating business plan learning through simulation. Business plan simulation effectively improves students’ understanding of entrepreneurship by providing a practical environment to apply theoretical knowledge.

Suggested Citation

  • Mohd Guzairy Abd Ghani & Norhidayah Mohamad, 2025. "Enhancing Students’ Business Plan Learning Through Experiential Business Plan Simulation," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 9(5), pages 4721-4732, May.
  • Handle: RePEc:bcp:journl:v:9:y:2025:issue-5:p:4721-4732
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    References listed on IDEAS

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    3. Constanta-Nicoleta Bodea & Radu Ioan Mogos & Maria-Iuliana Dascalu & Augustin Purnus, 2015. "Simulation-Based E-Learning Framework for Entrepreneurship Education and Training," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 17(38), pages 1-10, February.
    4. James R. Evans, 2000. "Spreadsheets as a Tool for Teaching Simulation," INFORMS Transactions on Education, INFORMS, vol. 1(1), pages 27-37, September.
    5. Dellaportas, Steven & Hassall, Trevor, 2013. "Experiential learning in accounting education: A prison visit," The British Accounting Review, Elsevier, vol. 45(1), pages 24-36.
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