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Marketplace Simulations

Knoxville, Tennessee, United States

What it is

Marketplace Simulations provides web-based business education simulations for undergraduate and MBA students and their educators. Subjects include core business, marketing, societal impact, strategy, entrepreneurship, supply chain, and MBA or EMBA capstones. Students can compete against classmates or computer-controlled teams; computer play supports classes of 1,000 or more. The platform includes an AI Coach, an AI Tactical Plan Reviewer, and an Automated Coaching Assistant. Automated grading uses cumulative balanced scorecard results, with Easy, Intermediate, and Difficult levels and manual adjustments. Simulations run on internet-connected devices without software installation. Marketplace connects with Canvas, Moodle, Blackboard, Sakai, Brightspace, Harvard Business Publishing, and Western Governors University, and supports LTI 1.1 and LTI Advantage. The Individual Microsimulation costs $8, paid once, billed at $8 per student; each exercise lasts 10–25 minutes and can be replayed. Live support is available at listed weekday and weekend hours, with emergency support for registered instructors.

For and against

For

  • Covers multiple business subjects and capstones
  • Computer play supports classes of 1,000 or more
  • Offers three AI coaching and review tools
  • Supports LTI 1.1 and LTI Advantage
  • Students can replay Individual Microsimulation exercises

Against

  • Individual Microsimulation costs $8, paid once
  • Individual exercise lasts 10–25 minutes
  • Scenario customization is limited

The verdict

Marketplace Simulations offers business scenarios, assessment, and LMS connections in a browser-based format. The Individual Microsimulation has a stated per-student cost and short exercise duration.

Who it suits

It suits educators teaching business concepts to undergraduate or MBA students, including classes using LMS integrations or computer-controlled competition. Students seeking short exercises can consider the Individual Microsimulation.

Plans and prices

Individual Microsimulation

$8one-time

10–25 minutes each · students can replay exercises

Every plan, in full

On the record

AI tools
The platform includes an AI Coach, AI Tactical Plan Reviewer, and Automated Coaching Assistant.marketplace-simulation.com · read 1 Oct 2026
Assessment
Automated grading uses cumulative balanced scorecard results and offers Easy, Intermediate, and Difficult grading levels with manual adjustments.marketplace-simulation.com · read 1 Oct 2026
Company history
Innovative Learning Solutions was formed in 2000 and is located in Knoxville, Tennessee.marketplace-simulation.com · read 1 Oct 2026
Competition
Students can compete against classmates or computer-controlled teams, with computer play supporting classes of 1,000 or more students.marketplace-simulation.com · read 1 Oct 2026
LMS integrations
Marketplace integrates with Canvas, Moodle, Blackboard, Sakai, Brightspace, Harvard Business Publishing, and Western Governors University.marketplace-simulation.com · read 1 Oct 2026
LMS standards
Marketplace supports LTI 1.1 and LTI Advantage and states that it is LTI Advantage certified.marketplace-simulation.com · read 1 Oct 2026
Payment security
Payment card information is encrypted and transmitted directly to Authorize.Net or PayPal, and Marketplace says it does not store card information.marketplace-simulation.com · read 1 Oct 2026
Privacy certification
Marketplace states that it is a certified TrustEd Apps provider.marketplace-simulation.com · read 1 Oct 2026
Privacy compliance
The privacy policy addresses EU GDPR, UK GDPR, and Canada’s PIPEDA requirements.marketplace-simulation.com · read 1 Oct 2026
Purpose
Marketplace provides business education tools and simulations that turn theory into practical skills.marketplace-simulation.com · read 1 Oct 2026
Subject areas
Simulation categories include core business, marketing, societal impact, strategic management, business strategy, entrepreneurship, MBA and EMBA capstone, supply chain, and microsimulations.marketplace-simulation.com · read 1 Oct 2026
Support
Live support operates Monday–Friday 8AM–9PM EST and weekends 10AM–7PM EST, with 24-hour emergency support for registered instructors.marketplace-simulation.com · read 1 Oct 2026
Target users
The simulations are designed for undergraduate and MBA students and their educators.marketplace-simulation.com · read 1 Oct 2026
Web delivery
Marketplace simulations are web-based applications accessible from any internet-connected device without software installation.marketplace-simulation.com · read 1 Oct 2026

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