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The SEFED Project uses the setting up of a simulated company in a classroom as the pedagogical tool to train students in business in a practical way (learning by doing), by getting them to run their own company, performing actual business tasks like buying and selling their virtual products all around the world, and getting to know the ins and outs of running a small business.
To achieve the pedagogical objective and this business environment, the school sets up a simulated company in a classroom, which is divided into the usual office departments using current resources in business. This simulated company, which we call practice entreprise SEFED in Spain, replicates all of the functions and demands of a real business in both a structure and practice, from product development, production and distribution to marketing, sales, human resources, finance and accounting. As "employees" of the virtual business, students are accountable for their company's management and performance.
Students are in a business environment in the classroom that will engage them and which develops employability skills to achieve great employment outcomes. Students work as "employees" in the different office departments, undertaking office tasks and achieving set up objectives like if they were in a real company.
The learning and working environment within the practice entreprise emphasizes project-based, collaborative learning and teachers who guide and direct student learning rather than present prescribed daily lessons. For further information about the Practice Entreprise concept, please click here.