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Goals of Banking Simulation Game

• Posted by eXcelerate Consulting March 1, 2020 Filed in Business #business simulation games  #business simulation games online  #business simulator  61 views
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  The bank simulation game is the method of understanding front office and back-office operations of the banking sector. The main advantages of bank simulation games are, many banking sectors can easily interact with their competitors in terms of policies. Usually, this operation is performed by the management to gain customer attraction and to misguide the market competitors.

  Some of the banking sectors based on the fact of management culture in order to develop analytical skills and create awareness about the current banking operating environment. With various methods such as notification through a mobile application and text messages banking sector aware their customers regarding the services.  

  Areas to be focused on making a decision

  When you are in a business and want to do some consumer loans, demand, and fixed-term deposits, service fees you need approach Retail banking, which will help you to get some extra benefit for all these services. When it comes to depositing money or lending money, the small and medium banking sector should be preferred. Corporate banking will help with advisory services, whereas the investment service sector follows marketing communications, securities brokerage, and portfolio management. 

  Before taking any business decision or making any investment, you should follow the criteria and remember the partnerships, investment funds, and structured products on which you want to invest. Always remember to take the personnel details during investment, such as the number of personnel, training, compensation policies, and HR development. Risk management is the major factor that can be resolved by taking advice from the consultants that include risk of interest rate, internal policies, and external reporting.