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Portfolio management simulator shortlisted for high profile e-learning award

New-to-market online portfolio management simulator, Market-Class, has beaten many hopefuls to the shortlist of the prestigious 2010 E-Learning Awards. Market-Class is one of four organisations shortlisted for the ’Best Learning Game, Simulation or Virtual Environment’ category.

Market-Class launched in 2009 to provide financial organisations and business schools with a realistic simulation of managing funds and investments. Within the online simulator, participants must manage their portfolio to manage risk and achieve the greatest returns. They do this by assessing breaking news, analysing company and market data, and making investment decisions.

Marcus Rees, Chief Operating Officer of Market-Class comments: ”Market-Class is unique because the investment decisions made by the participants affect the prices and portfolio values within the simulator, just as they would in the real world.”

The awards, organised by e.learning age, recognise innovation and quality in e-learning. Applicants in the ‘Best Learning Game, Simulation or Virtual Environment’ category had to demonstrate effective use of technology in meeting the learning objectives of the audience for which it is designed.

Marcus Rees comments: ”Our award submission was a case study of a global financial information business which used our product to provide training to 27 teams of 3-4 people across the world. This was a great example of how Market-Class can be used across departments and borders.

”To be short-listed for this prestigious award within a year of the Market-Class launch, demonstrates how effective a low-risk simulation can be in a high-risk real-world environment”.

The UK’s e-learning market has exploded in recent years with organisations realising its benefits of convenience, cost savings and simulated learning environments that textbooks can’t provide. A Learning Light report in 2009 claimed that the UK’s e-learning market is now worth somewhere between £300-£400million, a considerable increase to its 2007 estimation of £160-£250million.

The E-Learning Award winners are due to be announced on 11 November at The London Marriott Hotel.

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Press contact

Katie Sanders, Pro-Act Marketing Ltd
Email: Katie@pro-act.co.uk
Telephone: 01884 250066/07766 797545

Notes to Editor

About Market-Class: Market-Class is an online portfolio management simulator where participants in the simulator experience the dynamics of professional investing and improve their knowledge, awareness and understanding of financial markets.

Market-Class is designed by finance professionals and co-owned by three individuals based in the UK, Switzerland and the US. The simulator is suitable for use across the world.

For more information see www.market-class.com.

About e.learning age magazine: Published 10 times a year, e.learning age magazine is the only one focused on learning, development and technology issues, as well as business and logistic issues posed by e-learning solutions and products.  Aimed at senior management, learning, HR, training and information professionals, it examines how these organisations can develop and sustain the intellectual capital.  The website attracts more than 40,000 visitors per month, a figure which continues to grow each year.  e.learning age is seen as the focal point for e-learning practitioners, buyers and suppliers alike.

For more information see www.elearningage.co.uk or call 0118 9602820.