```

Play, learn, practise and analyse

Who is BoardMasters for?

BoardMasters can be enjoyed as a strategy game, a learning environment or a practical simulation. The experience changes depending on whether you want to build a company, invest, apply knowledge or analyse how decisions are made.

There is no single type of player

Some people come to BoardMasters because they enjoy creating companies and competing. Others prefer analysing businesses, building a portfolio and following the market. There are also people looking for a practical way to apply ideas from strategy, finance or corporate governance.

The game connects these profiles within the same economy. A company needs to generate results and find finance. An investor needs to interpret information and decide where to allocate capital. A shareholder may seek returns, influence or control. A CEO must respond to both the financial position and the owners of the company.

Play Learn Practise Analyse

Find your way to play

BoardMasters does not force everyone down the same path. These four profiles represent some of the main ways to enter the simulation.

For people who enjoy building companies

This type of player is not only trying to win one match. They want to see how a company develops over time, how its equity changes and which opportunities become available as it reaches a larger scale.

The company keeps its cash, results, debt, investments and ownership structure. Each decision therefore becomes part of a longer journey: compete, protect liquidity, reinvest, raise finance or prepare a corporate transaction.

What you do

  • found or manage a company;
  • compete to generate results;
  • manage cash and equity;
  • plan growth and financing;
  • deal with investors and shareholders.

A good fit for players who value continuity

The appeal is not only in one isolated decision, but in seeing how a series of coherent decisions creates a stronger, larger or more influential company.

For people who prefer investing and analysis

You do not need to focus your entire experience on founding a company. You can also approach BoardMasters through your portfolio, comparing assets and looking for opportunities within the game economy.

Investor profile

A company is more than its share price

Price may be the point of entry, but a decision can also rely on financial development, debt, news, ownership and the company's strategy.

Cash Available liquidity
Equity Accumulated value
Share price Market perception
Debt Obligations and risk
Results Ability to generate profit
News Relevant developments

This profile can participate in shares, IPOs, bonds, capital increases and other transactions. It can also build a relevant holding and move from a purely financial investment towards a strategy of corporate influence.

For learning finance through decisions

Reading a definition of debt or equity is different from choosing between financing a transaction, preserving cash or accepting potential dilution. BoardMasters places concepts inside situations that require a decision.

1

Concept

A need appears involving cash, debt, investment or returns.

2

Decision

The player compares alternatives and commits resources.

3

Consequence

The decision affects results, the balance sheet, shareholders or market position.

4

Report

The data makes it possible to review what happened and why.

5

Next decision

The resulting situation becomes the starting point for the next strategy.

For business, finance or MBA students

BoardMasters can work as a practical complement for students already studying management, finance, strategy, investing or corporate governance.

It does not replace an MBA, a degree, a master's programme or a course. Its value lies in turning theoretical ideas into decisions within a connected simulation.

Finance
Income statement, balance sheet, debt, capital, liquidity and profitability.
Strategy
Growth, resource allocation, risk and long-term decisions.
Marketing
Positioning, reputation and the ability to build market trust.
Corporate governance
Shareholders, board, CEO, voting, influence and control.
Investing
Company analysis, portfolio construction and opportunity comparison.

For business schools and executive programmes

A simulation can help a session move beyond explaining a concept. It can also create an experience that can later be compared and discussed.

01 Initial brief

A situation, objective or restriction is introduced.

02 Decisions

Participants choose how to use their resources.

03 Results

The simulation shows financial and strategic consequences.

04 Comparison

Differences between companies and approaches are reviewed.

05 Discussion

Decisions, assumptions, risks and alternatives are examined.

BoardMasters is not presented here as a complete teaching platform or a validated academic methodology. It can be used as a practical environment within an activity designed by the school, lecturer or programme.

For teams and companies

In a corporate context, a simulation can generate conversations about how people analyse information, set priorities and justify decisions.

The value lies in observing the process, not in converting final equity into an automatic score. Two people may reach similar outcomes through very different levels of risk, strategies and reasoning.

What may be observed during a simulation

BoardMasters creates situations in which different approaches to analysis and decision-making may become visible. That does not mean the game certifies a competence, but it may provide material for a later conversation.

AN

Analysis

How relevant information is selected before taking action.

PR

Prioritisation

Which needs receive resources when not everything can be funded.

RM

Risk management

Which exposures are accepted and how cash and equity are protected.

FJ

Financial judgement

How profit, debt, liquidity and returns are interpreted.

AD

Adaptability

How strategy changes when markets or results do not develop as expected.

SV

Strategic vision

How an immediate decision is connected to the future of the company.

Outcome versus judgement

The final number does not tell the whole story. One company may grow quickly by taking on debt that is difficult to sustain. Another may advance more slowly while preserving liquidity and room to respond.

Company A

Accelerated growth

Final equity
Higher
Debt
High
Liquidity
Tight
Risk
High
VS
Company B

Gradual growth

Final equity
Lower
Debt
Controlled
Liquidity
Strong
Risk
Moderate

Which company is better managed?

The answer depends on the context, objective, timeframe and ability to withstand risk. That is precisely why analysing decisions can be more useful than only looking at rankings.

What BoardMasters is and what it is not

Clear limits improve the usefulness of any simulation. BoardMasters can provide a rich environment for playing and practising, but it does not replace tools designed for different purposes.

It is

  • a business simulation;
  • a persistent strategy game;
  • a practical environment;
  • a source of situations to analyse;
  • an economy connecting companies and investors.

It is not

  • an MBA or academic programme;
  • an exact reproduction of reality;
  • a professional qualification;
  • a definitive talent test;
  • a guarantee of management ability.

Which profile fits you?

The best starting point depends on which part of the experience interests you most.

Frequently asked questions

Do I need business or financial knowledge to start?

No. BoardMasters allows you to begin with accessible decisions and gradually learn how to interpret cash, profit, debt, equity and returns.

Can I play only as an investor?

Yes. You can build a portfolio, analyse companies, buy shares, participate in IPOs or bonds and look for opportunities without focusing your entire experience on managing a company.

Can BoardMasters be used in a class?

It can be used as a complementary practical environment for business, finance, strategy, investing and corporate governance. It does not replace academic education.

Does BoardMasters replace an MBA?

No. It is a practical simulation that may help apply business concepts, but it does not replace an MBA, an executive programme or an academic qualification.

Can it be used to assess candidates?

It can create situations in which decisions, priorities and reasoning may be observed, but it should not be used on its own as a definitive test of talent, professional ability or suitability for a role.

Does BoardMasters provide a professional certification?

Activity or progress within the game does not by itself represent an official academic or professional qualification.

Discover the role you want to play

Build a company, analyse opportunities or use the simulation to understand how strategy, finance and investing connect.

Create free account
```