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Industry Masters

(Business, Economics)

www.industrymasters.com

Last Updated: 2010-07-10 07:46:47

Overview:

Industry Masters is a fantastic web game which provides real time business and economic scenarios. This provides an opportunity for players to develop the required skills to be successful in capital markets and increase their real business revenue. There is strong competition amongst a lot of participants which really helps you to acquire the leadership needed in a market environment to increase the value of your shares. By virtue of this game, all participants are able to compare their abilities according to real time situations. There is a wide array of tasks in different areas of industry that can be undertaken by participants. This is not your average stock market simulator; it is an in depth business simulator. Industry Masters has both single and multiplayer games available. This game has a steep learning curve but the payoff is well worth the effort taken to learn it because this game covers nearly every economic and business discipline needed to be successful in your business endeavors.

Account Setup:

The account setup is very easy and can be completed within 30 seconds. You just need to enter basic information like username, password and email address, etc. Finish your registration via the activate link emailed to you. You will be provided with $50 million in seed capital initially but can purchase more with real money at $10 per $250 million.

Playing:

The main goal in Industry Masters is to increase the share price of your company. You will start as the Vice President and will work your way up to the CEO after 4 rounds of game play. You can count on each rounds difficulty increasing as you work your way up the corporate ladder. To participate in each round, business units are required. A business unit is a business within an industry. If you own multiple business units within the same industry, you will be positively affected by economies of scale and the synergy between your two businesses. Industry Masters is a complicated game and its best learned by reading through the about section at Industry Masters About

Community and Portfolio:

The multiplayer version of the game runs as a competition between different players companies. Comprehensive community real time data can be tracked via a chart in the member section. This includes the share price, strategy used, credit rating, debt ratio, revenues, EBIT, Funding, ratios and growth rates. Its quite impressive. Industry Masters claims to have a real time support center with a one business day delay. Confused? It doesn’t make any sense to me either. There is also a AJAX enabled community chat area for players to talk in actual real time though.

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