What is an International Business Practice Firm?

An international business practice firm (IBPF) is a simulated business that mirrors the real world. The IBPF is a company set up by students with the assistance of a teacher/facilitator. In an authentic office setting, linked by technology, the student/employee engages in simulated business transactions with other firms both here and abroad. A real business (partner firm) serves as a mentor for the IBPF.