Abstract
Chinese Ministry of Education, in order to promote innovation and entrepreneurship of college students, has been urging universities to build a management system for engaging students in business simulation contests. Business simulation contests are considered to play an active role in improving students’ learning interest, contest consciousness, scientific spirit, team spirit, leadership and entrepreneurship. This paper consists of three major parts. The first part gives an introduction to a national business simulation contest--- POCIB (Practice for Operational Competence in International Business). The second part focuses on the status quo of foreign trade competence of students of foreign studies. The third part sets out to build a management system for engaging students of foreign studies in business simulation contests.
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