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Oil Business Game Developing enterprise and entrepreneurialism in Earth Science students

Oil Business Game Developing enterprise and entrepreneurialism in Earth Science students. Howard A Armstrong & Jon G Gluyas. Making the connection between Undergraduate courses and workplace reality. Working with clients. Communication Skills Leadership Ability to work in a team

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Oil Business Game Developing enterprise and entrepreneurialism in Earth Science students

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  1. Oil Business GameDeveloping enterprise and entrepreneurialism in Earth Science students Howard A Armstrong & Jon G Gluyas

  2. Making the connection between Undergraduate courses and workplace reality

  3. Working with clients

  4. Communication Skills Leadership Ability to work in a team Problem solving www.competency.com

  5. What does the oil game do?

  6. Learning by doing

  7. The structure of the game

  8. Lab day seminars

  9. Preparing for the interview Matt Groening

  10. How to finance your company

  11. The “stock market” spreadsheet Teams Investment record Share value history Interim value

  12. Fieldwork

  13. Onshore licence block appraisals

  14. Lab day (Preparation) LO 1. Gain experience of the world of industry LO 2 Financial and cultural approach to decision making Fieldwork (5 days) LO3 Exploiting new knowledge Onshore licence block appraisals LO 4 Experience and manage conflict between fact finding and uncertainty Company Formation LO 1. Gain experience of the world of industry LO 2 Financial and cultural approach to decision making Company Financing LO 1. Gain experience of the world of industry LO 2 Financial and cultural approach to decision making Stock Market Company shares Individual shares

  15. Assessment through a structured self evaluationGive examples of actions you have taken that demonstrate achievement or progress in each area. Describe the methods or techniques used (with reasoning), along with evidence of success or need for improvement. (Maximum 100 words per element)

  16. Key skills Communication Working with Others Organisation, Reliability and Self-Management Initiative and Creativity Understanding the Educational Needs of Others Identify three specific improvements you can make in the future

  17. Why does the game work ? Final Company share price Individual share portfolio

  18. It is highly competitive and funAnd students love it………………………………. “I have never worked so hard for no marks, and enjoyed it!” “This is the best fieldtrip I have done” “I really liked the link to business” “I was amazed how competitive I became during the week” “Why did we not get this earlier in the course?” “It was really good to look at some local geology” PVC Enterprise seedcorn grant £20k from BP for fieldwork

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