Every year, the seniors of GSBLSU take part in the Bank Management Simulation course, a computer-based program that is specifically designed to provide students with a look into management and the decision-making process in specific banking areas, such as investments, funds management, risk management, loans, and asset/liability management.

BMSim is an intensive computer-based educational experience, which serves as the capstone course of our school during students’ final year of instruction.  The class is divided into management teams in six communities to operate simulated banks, and those teams concern themselves with the results of their individual banks, while competing with other banks within their communities.  All teams begin with the same, base-line financial situation – a hypothetical bank with a variety of management and financial challenges – and, during the two-year simulated period, make a wide range of “quarterly” decisions involving all aspects of bank management and operations.  Through computerized analysis, the teams are able to immediately observe the results of their decisions.

The climax of the competition is a verbal presentation to a panel of judges (acting as shareholders and comprised of active or retired actual bank CEOs and examiners) who evaluate the quality of the performance of all teams and select one winner from each community.  Criteria for selection consists of team organization, consistency of performance, bank earnings, the team’s ability to report results to shareholders, and the position of the simulated bank for the future.

The winners in each simulation are recognized, along with their home bank’s president and CEO with a letter and certificate of recognition honoring their outstanding work during the Bank Management Simulation.  We are pleased to share the team winners that were announced at graduation on June 3, 2022.

Every year, the seniors of GSBLSU take part in the Bank Management Simulation course, a computer-based program that is specifically designed to provide students with a look into management and the decision-making process in specific banking areas, such as investments, funds management, risk management, loans, and asset/liability management.

During this simulation, the class is divided into teams. Each team is responsible for effective management and profitability of an 800-million-dollar bank. The computer model (BMSim) allows students to make future decisions for the bank and quickly receive feedback on the effectiveness of these decisions. Students must consider the economy, bank competition, and regulatory constraints when planning and implementing their decisions. During the two-week program, the teams will experience an equivalent of two years in bank management and operations, and the results are examined quarterly by state and federal regulators.

Once the course is completed, winners are selected based on factors such as organization, consistency, earnings, ability to report to shareholders, and how they positioned the bank for the future.

The following students were the 2019 Bank Simulation winners. Each received a letter of recognition, as did their home bank’s president and CEO, along with a certificate of recognition for their outstanding work on the Bank Management Simulation. Please join us in congratulating the 2019 Bank Sim winners!