As an accounting educator, you know the challenge of turning abstract concepts into engaging, practical lessons that resonate with students. The Stukent® Managerial Accounting Simternship® is designed to bridge that gap, offering your students an immersive, real-world experience that brings managerial accounting to life. This innovative simulation empowers students to develop critical skills they’ll use in the workplace while simplifying the process for you as an educator.
Practical Learning, Real-World Application
The Managerial Accounting Simternship puts students in the role of accounting interns at Legendary Bakehouse, where they’re tasked with solving real-world business challenges. Over the course of seven rounds, students gain hands-on experience using financial data to make strategic decisions. Each round builds on the last, ensuring students master foundational skills while applying their knowledge to increasingly complex scenarios.
Key tasks students will perform include:
- Analyzing financial reports to calculate cost variances and propose product costing adjustments.
- Using break-even cost graphs to determine profitability for multiple locations.
- Creating a comprehensive master budget that forecasts sales, cash receipts, and fixed expenses.
- Evaluating make-or-buy decisions for product lines based on detailed cost data.
- Identifying areas for operational improvement by analyzing key financial metrics and business documents.
These tasks mimic the responsibilities accounting professionals face in their careers, ensuring students graduate with both the knowledge and confidence to excel.
Bridging the Gap between Theory and Practice
One of the simulation’s standout features is its integration of data analysis tools like embedded spreadsheets, which replicate the functionality of Microsoft Excel. By working with these tools, students develop practical skills in a supportive environment. This approach reduces barriers for those new to accounting while enhancing learning outcomes for all students.
The focus isn’t just on completing calculations — it’s on applying insights to real-world scenarios. Students must use the data they’ve analyzed to make business recommendations, which helps them understand how managerial accounting drives business strategy. By fostering critical thinking and decision-making skills, the simulation transforms students into capable, career-ready professionals.
Seamlessly Paired with Courseware
To further support educators and enhance learning, the Managerial Accounting Simternship is designed to integrate with the “Introduction to Managerial Accounting” courseware. Authored by accounting experts Jim Stice and Kay Stice, this comprehensive resource aligns perfectly with the simulation’s tasks and objectives.
The courseware includes:
- 23 hours of video content featuring 1-5 minute lessons that cater to various learning styles.
- Over 1,500 auto-graded questions across practice sets, quizzes, and knowledge checks, providing students with instant feedback.
- Turnkey resources for educators, including lesson plans, lecture slides, and a sample syllabus, making course preparation seamless.
The courseware’s alignment with the simulation ensures that students are equipped with the foundational knowledge they need before diving into the simulation.
As Jim Stice said, “What we’re after is students enjoying the experience while mastering the material. Platforms like this allow us to merge written content, videos, quizzes, and feedback in ways we couldn’t have imagined a decade ago.” These resources, paired with the simulation, create a cohesive learning experience that simplifies teaching and improves student outcomes.
Designed for Every Classroom
The Managerial Accounting Simternship is built to fit seamlessly into any course modality, whether in-person, online, or hybrid. Its flexibility ensures you can integrate it into your curriculum without overhauling your course structure.
Features that make it easy to implement include:
- Auto-graded assignments: Save time on administrative tasks while giving students instant feedback.
- LMS integration: Sync grades and progress automatically with your learning management system.
- Comprehensive support: The Stukent Support Team provides responsive assistance, letting you focus on teaching instead of troubleshooting.
This thoughtful design means you can focus on what matters most — helping your students succeed.
Empowering Educators, Preparing Students
The Managerial Accounting Simternship is more than a teaching tool — it’s a solution that helps students connect classroom concepts to real-world challenges. By the end of the simulation, students not only understand managerial accounting principles but also gain the confidence to apply them in a professional setting.
For educators, it’s an opportunity to elevate your course with experiential learning without adding to your workload. “We want to take the complexity away for instructors and make it more engaging for students,” said Kay Stice. The simulation and courseware work together to make teaching more efficient while enhancing student learning.
Learn more about the Simternship in this debut video:
Ready to Transform Your Classroom?
With the Stukent Managerial Accounting Simternship, you can give your students an engaging, career-relevant learning experience while streamlining your teaching process. Schedule a demo today to see how this innovative simulation can fit into your course and help your students succeed in accounting — and beyond.
